Page 35: of Maritime Reporter Magazine (March 2001)

Ship Repair & Conversioi

ASRY Grabs Hold Of

UL/VLCC Market

The last quarter of 2000 proved to be an exceptionally active one for ASRY — the yard was filled to capacity dur- ing the last year. ued to be a steady with 830,000 sq. m being applied to various vessels.

Noteworthy contracts won during the year included the six-vessel block book- ing with Iran Shipping Lines, illustrat- ing ASRY's positive relationship with established customers.

In addition to the contract that ASRY signed with Bergesen, the yard agreed with Iran Offshore Engineers for the complete conversion of derrick barge

Abouzar 1200 into a pipelay barge.

The contract, which will be completed this year, sets the standard for ASRY to enter into the major conversion market for offshore oil and gas field contracts.

The yard is working continually to diversify its activities and has done so with major contracts for myriad of onversion and upgrade work on a vari- ety of jobs, such as offshore drill rigs, diving support vessels and dredgers.

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Bahrain Mineral Co.'s Alyia arrived was at ASRY from November - December 2000.

This upswing, which had been pro- jected prior to the fourth quarter, has proved to be true with the company's 300 percent increase in the ULCC and

VLCC market during that period. The level of repair activity has been high on vessels in the 40,000 dwt to 100,000 dwt class with more than 12 being dry- docked for repairs.

A total of 29 vessels visited ASRY during this period, the largest being

Bergesen's 360,700 dwt Berge Enter- prise. Approximately nine bulk carriers were docked, and there was also a demand for steel renewals during the period with 766 tons being replaced — a total of 4,362 tons of steel work during the year. Blasting and painting contin-

March, 2001

C.D.A. Alloy 655 • SHEET & PLATE • ROUND ROD • SQUARE ROD • ROUND TUBING • WELDING ROD FLAT BAR • CASTING ALLOYS: 95-4-1 & 92-4-4, 1/2" cubes to 20 lb. ingots • SQUARE TUBING: 1"X1"X. 120 wall (alloy 220)

Fabrication Properties

Corrosion Resistance

Capacity for being cold worked

Capacity for being hot formed

Suitability for being joined by:

Brazing

Oxyacetylene welding

Gas shielded arc welding

Resistance welding

Hot forgeability rating

Rating

Excellent

Excellent

Excellent

Excellent

Good

Excellent

Excellent 40

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