Gibdock Spring 2017

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ROCK NEWS

GIBDOCK NEWSLETTER • SPRING 2017

Gibdock has got off to a sound start in 2017, with encouraging signs of underlying recovery in several markets. In particular, a steady stream of ferries operating in regional waters have been visiting for their regular drydockings, in a season running from January to May. Richard Beards, Managing Director, says: “Many of our ferry clients have had a reasonable year in 2016 and are investing back into their vessels.” The yard has also seen a slight upturn in offshore work, perhaps indicating the first signs of recovery after a challenging period for the market. “We have handled four offshore vessels in recent months, so hopefully the worst may be over,” says Richard. The recent docking of the Thompson Majesty also suggests there remains a healthy demand for cruise ship work in the Mediterranean, which Gibdock is well-placed to meet, while activity on behalf of the Ministry of Defence is also on the up. “We are starting to see more naval ships, and this augurs well for the future,” suggests Richard.

Gibdock is also beginning to see work resulting from regulatory changes including both the Ballast Water Convention and ongoing moves to limit emissions levels. “More of our clients are enquiring about ballast water treatment system retrofits as part of their overall drydock specifications,” says Richard. “We offer a flexible solution, either simply fitting the necessary pipe work to allow for future installation, or installing fully working systems.” Meanwhile, the uncertainty created by the Brexit vote last year has eased for the time being, says Richard. “Needless to say, management at the yard is taking action to prepare for Brexit, but so far it is simply not a factor; it is very much business as usual.” Significant investment is planned this year to maintain critical assets at the Gibdock yard. This includes rebuilding one of the main pumps, refurbishing caissons and renewing the slew bearing on one of the dockside cranes. “We are spending considerable sums this year to ensure we continue to deliver the high levels of productivity and reliability our customers have come to expect,” he concludes.

ON TRACK FOR ISO TRANSITION

Gibdock and Mabbett staff worked together to secure Gibdock the audit for transition to ISO’s latest standards

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