Page 47: of Maritime Reporter Magazine (April 2012)

uing but the indication are that an overall annual saving of 15 per cent on fuel costs could be ex- pected using a normal sailing profile. Despite the economic slowdown of the last years, the Damen philosophy of standardization of supply while of- fering full through life support of the vessel, con- tinues to be their secret of success. The Group en- joys an annual turnover of US dollar $1.8 billion from their 35 owned or partner shipyards in 34 countries worldwide. Annually, the groups 6,000 plus employees build around 120-150 vessels and complete 1,000 repair jobs.April 2012www.marinelink.com 43The E3 tug is based on the DamenASD 2810 tug shown here. Workboats The "Sentinel? Class Fast Response Cutter is built by Bollingerand uses a Damen Stan Patrol 4708 as parent design. Security(Credit: Damen Shipyards Group)