Latest news with #InternationalMaritimeIndustries
Zawya
26-03-2025
- Business
- Zawya
Rdock unveils revolutionary AI-driven predictive ship maintenance solutions at LEAP Riyadh 2025
Abu Dhabi, UAE – Rdock, a pioneering innovator in maritime technology, showcased its groundbreaking AI-driven predictive maintenance solutions at LEAP Riyadh 2025, attracting significant interest from industry experts, stakeholders, and potential partners. During the event, Rdock demonstrated its advanced platform designed to proactively anticipate maintenance needs, significantly reducing downtime, optimizing repairs, and enhancing overall vessel operational efficiency. Industry leaders recognized Rdock's technology as a timely solution to pressing challenges in maritime maintenance, highlighting its potential to drive substantial operational and cost improvements. "The development of the King Salman Global Maritime Industries Complex in Ras Al-Khair, set to become the largest shipyard globally with an estimated cost of $4.3 billion, underscores the critical need for innovative maritime technologies," said Shaik Hamdan, Founder of Rdock. "Our predictive maintenance solutions align perfectly with this transformative project, which is anticipated to boost Saudi Arabia's GDP by $17 billion, reduce imports by $12 billion, and create approximately 80,000 jobs nationally." "Rdock's presence at LEAP Riyadh emphasizes our commitment to supporting the region's expanding maritime industry through cutting-edge, data-driven solutions," added Hamdan. With the maritime industry rapidly expanding in the region—highlighted by major developments such as Saudi Arabia's King Salman Global Maritime Industries Complex in Ras Al-Khair, and the prominence of International Maritime Industries (IMI) in the MENA region—Rdock is strategically positioned to support growth by enhancing ship maintenance capabilities. With its launch on the horizon, Rdock's successful debut at LEAP Riyadh 2025 marks the beginning of numerous partnership opportunities. The company remains dedicated to empowering maritime stakeholders through advanced analytics and real-time, AI-driven insights that promote sustainability, compliance, and operational excellence. About Rdock Rdock, founded by Shaik Hamdan and backed by DeepMinds Ventures, is revolutionizing maritime maintenance through AI, IoT, and advanced analytics. Its efficient, user-friendly platform enhances vessel performance, ensures compliance, and addresses industry inefficiencies with digital innovation. Committed to sustainability and operational excellence, Rdock provides shipowners and maritime professionals with reliable, data-driven tools to confidently navigate the future. Media Contact: PR@
Trade Arabia
12-02-2025
- Business
- Trade Arabia
IMI starts work on first Saudi-built jack-up rig for ARO Drilling
International Maritime Industries (IMI), a maritime construction and repair company and the largest maritime facility in the Mena region, has commenced construction of a new offshore jack-up rig, Kingdom 3 for Aramco Rowan Offshore Drilling (ARO Drilling). This follows a landmark agreement between the two companies and intended to further strengthen the two companies' strategic partnership, which is redefining industry standards within Saudi Arabia and reinforcing the capabilities within the offshore maritime sector in the region. IMI & ARO Drilling celebrated the commencement of construction for Kingdom 3 with a signing ceremony at the iktva Forum & Exhibition held in January at the Dhahran Expo. As the first drilling rig to be built in Saudi Arabia, the Kingdom 3 rig represents a historic milestone for Saudi Arabia and an important operational step for IMI, furthering its goal of becoming a leading global offshore service provider and supporting the development and progress of Saudi Arabia's offshore industry sector in line with Vision 2030. Wail Al-Jaafari, Chairman of the Board of IMI, said: "The commencement of construction of Kingdom 3 is a testament to our capabilities and our strategic vision to develop a reliable maritime supply chain in Saudi Arabia that serves the region and the entire world. This project not only highlights our capabilities and robust operations but also underscores our dedication to advancing Saudi Arabia's maritime industry in alignment with Vision 2030. By fostering sector growth and supporting economic diversification, we are contributing to the Kingdom's long-term prosperity and global competitiveness." Abdulhameed Al-Dughaither, Chairman of the Board of ARO, said: 'ARO Drilling is proud to deepen its collaboration with IMI through the construction of Kingdom 3, a project that underscores our commitment to pioneering excellence and driving forward the Kingdom's maritime ambitions. It embodies our joint dedication to empowering local expertise and developing the maritime industries sector in Saudi Arabia.' Abdullah Al-Ghamdi, Chief Executive Officer of IMI, said: "Kingdom 3 marks a significant milestone in our mission to elevate local expertise and establish a thriving maritime industry in Saudi Arabia. We take pride in our enduring strategic partnership with ARO, as together we remain committed to developing a world-class maritime supply chain and delivering unmatched technical expertise in the Kingdom of Saudi Arabia." Mohamed Hegazi, Chief Executive Officer of ARO Drilling, said: 'As we move forward with the construction of Kingdom 3, our partnership with IMI remains instrumental in bringing advanced offshore capabilities to Saudi Arabia's maritime landscape. This agreement reflects ARO Drilling's commitment to operational excellence, technological advancement, and sustainable growth aligned with Vision 2030.' The full operability of IMI's 12 million-sq-m maritime facility in Ras Al-Khair will enable IMI to build up to six jack-up drilling rigs, 25 offshore support vessels, and 18 large commercial vessels per year, including chemical carriers, bulk carriers, product carriers, and Very Large Crude Carriers. Additionally, IMI will be capable of providing maintenance and repair services for up to 250 vessels and 15 rigs annually. -
Argaam
12-02-2025
- Business
- Argaam
IMI, ARO Drilling to build first offshore drilling platform in Saudi Arabia
The International Maritime Industries (IMI) signed today, Feb. 12, an agreement with ARO Drilling (formerly Aramco Rowan Offshore Drilling Co.) to build 'Kingdom 3', a new offshore drilling platform, state-owned SPA reported citing a company statement. The agreement aims to boost the strategic partnership between both companies, strengthen the future of the maritime industry, and unlock new opportunities. This platform, the first offshore drilling platform to be built in the Kingdom, marks a historic milestone for Saudi Arabia. It also helps IMI become a worldwide provider of maritime services in line with Saudi Vision 2030. According to Argaam data, IMI is 40.1% owned by Saudi Aramco, 20% by Lamprell, 19.9% by Bahri, and 20% by Hyundai Heavy Industries. The company provides services for the construction, maintenance, and repair of commercial ships, offshore drilling platforms, and marine support vessels.
Zawya
28-01-2025
- Business
- Zawya
IMI, ARDO Drilling launch construction of first Saudi-built jack-up rig
Saudi Arabia - International Maritime Industries (IMI), a leading maritime construction and repair company and the largest maritime facility in the MENA region, finalised and activated a landmark agreement with Aramco Rowan Offshore Drilling (ARO Drilling), for the construction of a new offshore jack-up rig, Kingdom 3. The collaboration is intended to further strengthen the two companies' strategic partnership, which is redefining industry standards within Saudi Arabia and setting new benchmarks within the offshore maritime sector, IMI said. IMI & ARO Drilling celebrated the commencement of construction for Kingdom 3 with a signing ceremony at the iktva Forum & Exhibition held recently at the Dhahran Expo. Being the first rig built in Saudi Arabia, Kingdom 3 represents a historic milestone for Saudi Arabia and marks a significant operational step for IMI, advancing its goal of becoming a leading provider of maritime services globally. IMI aims to set a new standard in the offshore maritime sector with this rig, while supporting the development of a new Saudi Maritime Industry in alignment with Vision 2030. Wail Al-Jaafari, Chairman of the Board of IMI, said: "The commencement of construction of Kingdom 3 is a testament to our strategic vision and our commitment to building a reliable maritime supply chain in Saudi Arabia that serves the region and the entire world. This project not only highlights our capabilities and robust operations but also underscores our dedication to advancing Saudi Arabia's maritime industry in alignment with Vision 2030. By fostering sector growth and supporting economic diversification, we are contributing to the Kingdom's long-term prosperity and global competitiveness." Abdulhameed Al-Dughaither, Chairman of the Board of ARO, said: 'ARO Drilling is proud to deepen our collaboration with IMI through the construction of Kingdom 3, a project that underscores our commitment to pioneering excellence and driving forward the Kingdom's maritime ambitions. It embodies our joint dedication to empowering local expertise and strengthening Saudi Arabia's position as a global maritime hub.' Abdullah Al-Ghamdi, Chief Executive Officer of IMI, said: "Kingdom 3 marks a significant milestone in our mission to elevate local expertise and establish a thriving maritime industry in Saudi Arabia. We take pride in our enduring strategic partnership with ARO, as together we remain committed to developing a world-class maritime supply chain and delivering unmatched technical expertise in the Kingdom of Saudi Arabia." Mohamed Hegazi, Chief Executive Officer of ARO Drilling, said: 'As we move forward with the construction of Kingdom 3, our partnership with IMI remains instrumental in bringing advanced offshore capabilities to Saudi Arabia's maritime landscape. This agreement reflects ARO Drilling's commitment to operational excellence, technological advancement, and sustainable growth aligned with the Kingdom's vision.' The agreement has formalised the purchase of the advanced S116E jack-up rig model, known for its cutting-edge technology and innovative design – a notable milestone in the region's maritime history. The full operability of IMI's 12 million-sq-m maritime facility in Ras Al-Khair will enable IMI to build up to six jack-up drilling rigs, 25 offshore support vessels, and 18 large commercial vessels per year, including chemical carriers, bulk carriers, product carriers, and Very Large Crude Carriers. Additionally, IMI will be capable of providing maintenance and repair services for up to 250 vessels annually. With Kingdom 3, IMI has advanced its goal of becoming the largest full-service shipyard globally and the only one with guaranteed offtake agreements worth $10 billion over 10 years in partnership with Aramco and Bahri, the company said. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
27-01-2025
- Business
- Zawya
IMI and ARO Drilling partner for the construction of the first jack up drilling rig built in Saudi Arabia
The advanced KINGDOM 3 offshore jack-up rig is the first to be built in Saudi Arabia Dhahran, Kingdom of Saudi Arabia: International Maritime Industries (IMI), a leading maritime construction and repair company and the largest maritime facility in the MENA region, finalized and activated a landmark agreement with Aramco Rowan Offshore Drilling (ARO Drilling), for the construction of a new offshore jack-up rig, KINGDOM 3. The collaboration is intended to further strengthen the two companies' strategic partnership, which is redefining industry standards within Saudi Arabia and setting new benchmarks within the offshore maritime sector. IMI & ARO Drilling celebrated the commencement of construction for KINGDOM 3 with a signing ceremony at the iktva Forum & Exhibition held from 13-16 January 2025 at the Dhahran Expo. Being the first rig built in Saudi Arabia, KINGDOM 3 represents a historic milestone for the Kingdom of Saudi Arabia and marks a significant operational step for IMI, advancing its goal of becoming a leading provider of maritime services globally. IMI aims to set a new standard in the offshore maritime sector with this rig, while supporting the development of a new Saudi Maritime Industry in alignment with Vision 2030. Wail Al-Jaafari, Chairman of the Board of IMI, said: "The commencement of construction of KINGDOM 3 is a testament to our strategic vision and our commitment to building a reliable maritime supply chain in Saudi Arabia that serves the region and the entire world. This project not only highlights our capabilities and robust operations but also underscores our dedication to advancing Saudi Arabia's maritime industry in alignment with Vision 2030. By fostering sector growth and supporting economic diversification, we are contributing to the Kingdom's long-term prosperity and global competitiveness." Abdulhameed Al-Dughaither, Chairman of the Board of ARO, said: 'ARO Drilling is proud to deepen our collaboration with IMI through the construction of KINGDOM 3, a project that underscores our commitment to pioneering excellence and driving forward the Kingdom's maritime ambitions. It embodies our joint dedication to empowering local expertise and strengthening Saudi Arabia's position as a global maritime hub.' Abdullah Al-Ghamdi, Chief Executive Officer of IMI, said: "KINGDOM 3 marks a significant milestone in our mission to elevate local expertise and establish a thriving maritime industry in Saudi Arabia. We take pride in our enduring strategic partnership with ARO, as together we remain committed to developing a world-class maritime supply chain and delivering unmatched technical expertise in the Kingdom of Saudi Arabia." Mohamed Hegazi, Chief Executive Officer of ARO Drilling, said: 'As we move forward with the construction of KINGDOM 3, our partnership with IMI remains instrumental in bringing advanced offshore capabilities to Saudi Arabia's maritime landscape. This agreement reflects ARO Drilling's commitment to operational excellence, technological advancement, and sustainable growth aligned with the Kingdom's vision.' The agreement has formalized the purchase of the advanced S116E jack-up rig model, known for its cutting-edge technology and innovative design – a notable milestone in the region's maritime history. The full operability of IMI's 12 million-square-meter maritime facility in Ras Al-Khair will enable IMI to build up to six jack-up drilling rigs, 25 offshore support vessels, and 18 large commercial vessels per year, including chemical carriers, bulk carriers, product carriers, and Very Large Crude Carriers. Additionally, IMI will be capable of providing maintenance and repair services for up to 250 vessels annually. With KINGDOM 3, IMI advanced its goal of becoming the largest full-service shipyard globally and the only one with guaranteed offtake agreements worth $10 billion over 10 years in partnership with Aramco and Bahri. About International Maritime Industries (IMI) Located at Ras Al-Khair on Saudi Arabia's eastern seaboard, International Maritime Industries (IMI) is the largest maritime facility in the MENA region, with global ambitions and reach. When fully operational, IMI's full-service yard will be capable of building four new offshore rigs and more than 40 vessels per year – including very large crude carriers (VLCCs). IMI will provide maintenance, repair and overhaul (MRO) services for more than 250 maritime products. State-of-the-art technologies – including artificial intelligence, biometrics and the Internet of Things – are embedded in the yard's infrastructure, offering customers a cutting-edge advantage in an era of digitalization. IMI is Aramco-sponsored joint venture (JV) with partners Bahri, Hyundai Heavy Industries and Lamprell. Find out more: Media Contacts Soha Afify/Fatima Osman IMI@ About ARO Drilling: ARO Drilling is a world-class offshore drilling contractor that owns, operates, and manages a fleet of high-specification and premium jack-up rigs in Saudi Arabia. ARO Drilling is a joint venture between Aramco, one of the world's largest integrated energy and chemicals companies, and Valaris, an industry-leading, global offshore drilling contractor. This joint venture marks a major milestone towards the development of a competitive Saudi energy sector, as encapsulated in Aramco's In-Kingdom Total Value Add (iktva) program and Saudi Vision 2030. For more information, please visit: Media contacts: Maryam Habib / Lojane Alansari Marcomm@
