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Oman Drydock Company : From Vision to Reality

Oman Drydock Company : From Vision to Reality. Presented by Yong Duk Park / CEO. TABLE OF CONTENTS. ODC : ESTABLISHMENT & VISION BRIEF HISTORY EXCELLENT PARTNER : THE FIRST STEP TOWARD SUCCESS ODC SHIPYARD OPERATIONAL PERFORMANCE WAYS TO GO FOR GREATER SUCCESS ODC’s COMMITMENT.

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Oman Drydock Company : From Vision to Reality

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  1. Oman Drydock Company : From Vision to Reality Presented by Yong Duk Park / CEO

  2. TABLE OF CONTENTS ODC : ESTABLISHMENT & VISION BRIEF HISTORY EXCELLENT PARTNER : THE FIRST STEP TOWARD SUCCESS ODC SHIPYARD OPERATIONAL PERFORMANCE WAYS TO GO FOR GREATER SUCCESS ODC’s COMMITMENT

  3. 1. ODC : ESTABLISHMENT & VISION • The Government of the Sultanate of Oman (“GOSO”) aims to; Background of ODC Establishment • Balance its economic developmentall over the country and • Diversify the industrial structureby investing in non-petroleum industries. Vision • “ To be the BestDrydock Companyin the Middle East leading toward the Balanced Growth of Oman ” Best High Quality of Service & Punctuality of Delivery Wide Variety of Service Coverage (Ship Repair, Conversion, Off-shore Fabrication, Shipbuilding, and Industrial Services) Drydock Company Balanced Growth Industry Diversification & Regionally Balanced Growth

  4. 2. BRIEF HISTORY 2002 Government planned to build a Repair shipyard at Duqm as a Development Program of Al-Wusta Region JULY 2004 Memorandum of Understanding between Government of Sultanate of Oman (GOSO) and Daewoo Shipbuilding & Marine Engineering (DSME) MAY 2006 ODC Registration in Ministry of Commerce and Industry (Registration No. 1811371) SEP. 2006 Operation & Management Service Agreement between GOSO and DSME JUNE 2008 Shipyard Construction in Duqm Started. DEC. 2010 Shipyard Construction Completed. APRIL 2011 Soft Operation Started. FEB. 2014 200 Ships Repair Achieved.

  5. 3. EXCELLENT PARTNER : THE FIRST STEP TOWARD SUCCESS • Partnership with DSME • Daewoo Shipbuilding & Marine Engineering Co., Ltd. • Global Top in Shipbuilding Industry • Sales: $ 12.8 billion (Year 2013) • Employees: Over 40,000 • Products: Commercial Vessels, Offshore Projects (FPSO, Rigs, Etc.), Navy Ships (Aegis Destroyers, Submarines, Etc.) Capital Investment & Facility Provision Operation & Management Service • Responsibility of DSME • To Supervise Construction of Ship Yard • To Manage and Operate the Company (10 Years + Optional 10 Years) • To Transfer Technology and Know-How • To Provide Manpower (Secondees) • To Make a Training Plan and Provide On The Job Training to Omani Employees

  6. 4. ODC SHIPYARD : LOCATION Muscat Duqm Duqm, strategically located at the Entrance of Arabian Gulf, and on the trading route of Europe and Asia.

  7. 4. ODC SHIPYARD : MAJOR FACILITIES QUAY 2,800 m WORKSHOPS GRAVING DOCK Hull shop Pipe & Outfitting shop Machinery shop Cryogenic shop Blasting & Paining shop Electric shop 410 m x 95 m, 600,000 DWT 410 m x 80 m, 500,000 DWT • JIB CRANES • 100T x 74M (1 Set) • 80T x 74M (1 Set) • 40T x 74M (12 Sets)

  8. 4. ODC SHIPYARD : OVERVIEW

  9. 4. ODC SHIPYARD : OVERVIEW

  10. 4. ODC SHIPYARD :OVERVIEW (QUAY)

  11. 4. ODC SHIPYARD : OVERVIEW (SHOP AREA)

  12. 5. OPERATIONAL PERFORMANCE • Financial Performance • Manpower Status

  13. 5. OPERATIONAL PERFORMANCE : MAJOR REPAIR MUSCAT LNG LNG Carrier (289.5m x 49 mx 27m) (118,219 Ton/145,000M3)

  14. 5. OPERATIONAL PERFORMANCE : MAJOR REPAIR RAAHI LNG Carrier (277m x 43.3m x 26m) (138,077m3)

  15. 5. OPERATIONAL PERFORMANCE : MAJOR REPAIR NIKI BulkCarrier (253m x 40m x 14m) (56,810 G/T, 101,648DWT)

  16. 5. OPERATIONAL PERFORMANCE : MAJOR REPAIR ALFA GLORY VLCC (333m x 58m x 31m) (309,636 DWT)

  17. 5. OPERATIONAL PERFORMANCE : MAJOR REPAIR CONCORD I Chemical Tanker (174.7m x 32m x 14.25m) (38,539 DWT)

  18. 5. OPERATIONAL PERFORMANCE : CONVERSION VERONICA (MONA LIZA) Conversion from Cruiser to floating hotel (28,891 GT)

  19. 5. OPERATIONAL PERFORMANCE : MAJOR REPAIR 200thProject MAERSK WISCONSIN Container Carrier (292m x 21.7 mx 21.3m) (61,987 DWT)

  20. 6. WAYS TO GO FOR GREATER SUCCESS Steel Structure Fabrication • Shipbuilding General Repairs & Special Repairs • Steel Structure Fabrication • Steel Structure of Bridges • Steel Structure of Industrial Plants • Pipe Modules • Pipe Lines • Steel Structure of Refineries • Steel Structure of Petrochemicals Plants • Ship Conversion • FPSOs, FSRUs, Pipe Layers • Type Modification (Tankers, Bulkers) • Special Purpose Vessels • Lengthening Expansion of Vessel Size • General Repairs • VLLCs (up to 600,000 DWT) • LNGC & GAS Carriers • Oil Tankers • Cruise Vessels • Containers • Pipe Layers, Heavy Lift Ships • Bulk Carriers • Navy Vessels • Car Carriers • Special Repairs • Jack Up Rigs, Submersible Drilling Semi-Rigs • Jackets, FPSO, Drills Ships

  21. 7. ODC’s COMMITMENT • As a Pioneer in Duqm Development Plan of GOSO, • ODC Management and Employees promise to accomplish ODC’s Vision and Objectives by reaching • Over $ 200 million of Sales and 40% of Omanizationby 2020 • And Expanding business area into Ship Building Industry. DSME : Role Model of ODC

  22. Thank You

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