Grandweld Shipyards, the Middle East’s largest shipbuilder, secured a repeat order worth $5 million to build a new 42 meter aluminum crew boat for Khalid Faraj Shipping. This is the third order received by Grandweld from Khalid Faraj Shipping over the last five months.
The contract signing took place at Middle East Workboats Conference and Exhibition held in Abu Dhabi on October 1, 2013.
“ The 42 meter crew boat is based on Grandweld’s existing proven design, and can reach speeds in excess of 26 knots. The vessel benefit from luxury seating, VIP accommodation, a larger deck space and enhanced crew comfort. With seating for 83 passengers, the vessel has a 110sqm loading area for over 90 tons of deck cargo. The vessel can also carry a large amount of fuel and freshwater .” said Jamal Abki, general manager of Grandweld Shipyards.
Grandweld’s 42m fast aluminum crew boats have been a huge success for its unrivalled design and build quality. With over 30 sister 42m vessels delivered or currently under construction, Grandweld has become the leading provider for this class of vessels for a large list of regional and international clients including COTEMAR- Mexico, Global Marine, Wesal Shipping, Maroos Shipping to name a few.
Grandweld a fully integrated shipyard providing shipbuilding, ship repair and engineering solutions to the marine industry, is part of Stanford Marine Group (SMG). SMG is 51% owned by a Fund managed by Abraaj Capital and 49% by Abu Dhabi-listed Waha Capital.
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Grandweld Shipyards, October 2, 2013