ASRY Holds Another Busy Quarter

Throughout the last quarter — April- June 2002 — ASRY has not slowed down its workflow. The yard, which has been filled to capacity since the beginning of this year, repairing approximately 42 vessels, has been especially busy the last three months — repairing a selection of 23 vessels. Of this group, four were of ULCC and VLCC class - the largest being Stena King at 457,927 dwt. An additional six vessels were more than the 40,000 dwt size.

As is customary within ASRY, there has been a great diversification in the variety and amount of vessels that have been repaired during this period. These have ranged from large tankers to Bulk Carriers, RoRo and general cargo vessels.

Work has also been performed on tug boats and floating docks.

Regarding the ULCC and VLCC range, vessels that visited ASRY recently, include A1 Tahreer at 284,532 dwt; Takai at 239,999 dwt, Berge Bragd at 310,999 as well as Stena King at 457,927-dwt.

The last quarter was also busy for the yard in terms of steel repairs with more than 2,046 tons being replaced across a broad spectrum of vessels — representing an increase of approximately 64 percent during the first three months of the year.

Similarly there has been no halt in the demand for painting services during this period.

More than one million sq. m. of painting were completed, representing a 95 percent increase during the first three months of the year. With this in mind, ASRY has gone to establish itself as one of the leading yards in the world for blasting and painting services - now specializing in LNG and LPG carriers.

The yard has also established a joint venture with Hydrolink, the Sharjahbased specialist engineering company, to provide a complete range of hydraulic services to vessel owners and operators. The two Gulf companies have signed a co-operation agreement, allowing Hydrolink and ASRY to extend services they offer to mutual clients.

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Maritime Reporter Magazine, page 20,  Oct 2002 Wisconsin

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