Gibdock, Rock News - Autumn 2018 issue

Page 1

ROCK NEWS

GIBDOCK NEWSLETTER • AUTUMN 2018

Over the first six months of 2018 Gibdock has put in a very strong performance, with increased levels of shiprepair activity evident in a number of different market sectors. One of the most encouraging trends has been an upturn in offshore vessel dockings, with a number of major blue chip operators returning to the yard this year. Richard Beards, Gibdock Managing Director, says: “There are positive signs that repair and maintenance work for vessels active in the offshore oil and gas business is coming back. With the oil price recovering, we anticipate a further increase in demand from offshore vessel operators over the rest of this year and on into 2019, strengthening our reputation as the ‘go-to’ yard in this sector of the market.” Gibdock has also experienced good levels of ferry and ro-ro vessel work, in the traditionally busy first quarter especially, maintaining its regional market share of this seasonal refit and repair activity. The yard has further handled a mix of other vessel types, including bulk carriers, tankers and container vessels, with

German owners especially entrusting ships to the Gibraltar yard in considerable numbers. Environmental legislation means owners in all sectors of the market are having to consider retrofitting their ships with ballast water treatment systems, and exhaust gas scrubbers. Richard Beards says: “We are well placed to capitalise on demand for environmental retrofits, and there has been a lot more interest so far this year than we have seen in the past. It is, in fact, commonplace for us now to carry out some work relating to ballast water retrofits during all ship drydocking periods, whether that is a full installation or simply preparations for fitting equipment at a later date.” Overall, prospects for Gibdock’s shiprepair business in the second half of 2018 appear highly promising. As Richard Beards points out: “We are certainly getting a lot more enquiries now than we were receiving at this time last year. We have an encouraging amount of work already booked in for the fourth quarter and we are expecting to add to that over the coming weeks.”

TRAILBLAZING NEW ISO CERTIFICATION

Gibdock becomes the first shipyard in the Mediterranean region, and one of the first companies worldwide, to achieve ISO 45001:2018 certification. >>> FULL STORY ON PAGE 3


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.