ASRY Comes Up Aces

In line with expectations, 2002 turned out highly successful for the ASRY ship repair yard in Bahrain, which repaired approximately 95 vessels — ranging from ULCC's and chemical carriers — to offshore drill rigs and diving support vessels. Thus illustrating the company's broad width of expertise in a variety of areas.

With sales throughout the year up approximately 13 percent during the previous year, with a significant increase in the number of vessels coming from the Arab market, this particular market sector has increased by approximately 50 percent during the past three years.

Dock occupancy has remained high with the Graving Dock No 1 occupied 89 percent of the time, while Floating Dock No. 2's occupancy was 88.2 percent; Floating Dock No. 3 held topped off at 92 percent. Of the 95 vessels that the yard docked in 2002, 14 came in at more than 175,000 dwt, nine were in the 70,000 to 175,000 dwt range, while the remaining rounded out at below 70,000 dwt.

Some of the major repairs completed during the year included Vela Intl.

Marine's tanker Orion Star at 305,227 dwt, the 305.668 dwt Carina Star, the Hydra Star at 305,846 dwt, and Polaris Star at 301.569 dwt. In addition, a variety of owners had more than three vessels docked at ASRY during the year, specifically Kuwait Oil Tanker Co.: Saudi Arabian Oil Co.; NPCC; NSCSA/Mideast Shipmanagement; Great Lakes Dredge and Dock Co.; Red Sea Marine Services; and Petrobras, to name a few.

However, the largest vessel to call at the yard was the 457.927 dwt Stena King, which underwent approximately 500 tons of steel replacement where as the largest blasting and painting contract was completed on the 265.243 dwt World Prelude. Requiring nearly 110,000 sq. m. of blasting with more than 313,000 sq. m. of painting, both contracts were completed on time.

And demands for blasting and painting continued at a high level throughout 2002, with more than 831.000 sq. m. of blasting being completed and more than 3,512,000 sq. m. of painting completed at the yard.

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