Latest news with #RadoAntolovic
Hi Dubai
19-05-2025
- Business
- Hi Dubai
Drydocks World Leads Formation of Global Green Shipyard Alliance to Drive Maritime Sustainability
Drydocks World has co-founded the Global Green Shipyard Alliance (GGSA), a new international coalition focused on accelerating sustainability in the maritime industry. The alliance aims to fast-track clean technology adoption, improve environmental performance, and unify ESG standards across major shipyards worldwide. As a founding member, Drydocks World will play a key role in shaping the alliance's initiatives while reinforcing Dubai's status as a hub for responsible maritime services. The GGSA brings together leading shipyards from Europe, the Middle East, and Asia, including Astilleros Shipyard Group (Spain), BREDO Dry Docks GmbH (Germany), and IMC Shipyard Services Group (Singapore, China, Thailand). The alliance addresses urgent industry pressures to decarbonise in line with global climate targets. By fostering knowledge sharing, joint innovation, and scalable solutions, GGSA plans to advance technologies such as hybrid propulsion, energy-efficient retrofits, digital optimisation, and emissions compliance. Captain Rado Antolovic, CEO of Drydocks World, said the alliance represents a 'shared responsibility to accelerate the maritime industry's decarbonisation journey' and a significant step toward 'delivering long-term environmental value through cleaner technologies.' Imran Inamdar, COO at Drydocks World, added that the collaboration will raise performance standards and accelerate practical solutions from concept to implementation, supporting an effective and scalable transition for shipbuilding and retrofitting. The GGSA follows two other major sustainability coalitions led by DP World: the Zero Emission Port Alliance and the First Movers Coalition, underscoring the growing commitment to sustainable innovation across maritime and logistics sectors. News Source: Emirates News Agency
Trade Arabia
06-04-2025
- Business
- Trade Arabia
Drydocks World wins FPSO refurbishment contract
Drydocks World has been awarded the contract for the refurbishment and life extension of the FPSO Baobab Ivoirien, by Modec Management Services, further strengthening its position as a global leader in complex offshore asset upgrades. Set to commence in May 2025, the eight-month expedited project on the Floating Production Storage and Offloading (FPSO) vessel will involve extensive structural enhancements, including 1,000 tonnes of steel renewal, 250,000 sq m of tank coating, and 11,500 m of new piping. The scope also covers enhancements to crew living quarters and integration of advanced technologies to boost its efficiency and reliability. Upon completion, the vessel's lifespan will be extended by 15 years, ensuring sustained energy production for West Africa. Drydocks World, a DP World company, has a proven track record in vessel refurbishments, life extensions and conversions, having successfully completed over 50 similar projects, including more than 30 FPSO upgrades. This latest contract underscores its unmatched expertise in offshore engineering and life extension solutions while reaffirming its commitment to delivering tailored solutions that meet the unique operational needs of its clients. The FPSO Baobab Ivoirien plays a crucial role in West Africa's offshore production, with a processing capacity of 70,000 barrels of oil per day (bpd) and 75 million cubic feet of natural gas. It can also inject 100,000 bpd of water and store up to two million barrels of crude oil. The vessel, currently operating at the Baobab oil field, 25 km off the coast of Côte d'Ivoire, will relocate to Drydocks World's Dubai facility for its eight-month refurbishment. The contract signing ceremony, held at Drydocks World, was attended by Rado Antolovic, CEO of Drydocks World, and Gary Kennedy, President of MODEC Management Services. Capt Rado Antolovic PhD, CEO of Drydocks World, said: 'Signing this agreement with Modec highlights our expertise in complex FPSO refurbishment and life extension projects. Our proven track record in executing large-scale offshore engineering works positions us as the ideal partner to enhance the vessel's longevity, efficiency, and operational safety. We are proud to support MODEC in ensuring the long-term efficiency and reliability of its FPSO.' Gary Kennedy, President, Modec Management Services, said: "This contract award is the result of a rigorous selection process to find the best partner for this critical project. Drydocks World's extensive experience in FPSO upgrades and their commitment to quality and safety made them the ideal choice. The vessel's deepwater operations demand precise refurbishment and life-extension measures to overcome complex engineering and operational challenges, while ensuring efficiency and long-term safety. 'We look forward to working closely with Drydocks World to deliver a revitalised vessel that will continue to play a key role in Côte d'Ivoire's offshore production."
Hi Dubai
24-03-2025
- Business
- Hi Dubai
Drydocks World Secures FPSO Baobab Ivoirien Refurbishment Contract from MODEC
Drydocks World has been awarded a major contract by MODEC Management Services Pte. Ltd. for the refurbishment and life extension of the FPSO Baobab Ivoirien, further solidifying its position as a global leader in offshore asset upgrades. The extensive eight-month project, commencing in May 2025, will involve significant structural enhancements, including 1,000 tonnes of steel renewal, 250,000 square metres of tank coating, and 11,500 metres of new piping. Additionally, upgrades will be made to the crew living quarters, and advanced technologies will be integrated to enhance efficiency and reliability. Upon completion, the vessel's operational lifespan will be extended by 15 years, ensuring continued energy production for West Africa. The FPSO Baobab Ivoirien, currently operating at the Baobab oil field 25 km off Côte d'Ivoire's coast, has a processing capacity of 70,000 barrels of oil per day and 75 million cubic feet of natural gas. It can also inject 100,000 bpd of water and store up to two million barrels of crude oil. The vessel will relocate to Drydocks World's Dubai facility for refurbishment. Drydocks World, a DP World company, has a strong track record in vessel upgrades, having completed over 50 similar projects, including more than 30 FPSO refurbishments. The contract signing ceremony was attended by Rado Antolovic, CEO of Drydocks World, and Gary Kennedy, President of MODEC Management Services Pte. Ltd. Antolovic emphasized, 'This agreement underscores our expertise in complex FPSO refurbishment and life extension projects.' Kennedy added, 'Drydocks World's commitment to quality and safety made them the ideal choice for this critical project.' News Source: Emirates News Agency
Al Bawaba
24-03-2025
- Business
- Al Bawaba
Drydocks World Secures FPSO Baobab Ivoirien Refurbishment And Life Extension Project
Drydocks World has been awarded the contract for the refurbishment and life extension of the FPSO BAOBAB IVOIRIEN, by MODEC Management Services Pte. Ltd., further strengthening its position as a global leader in complex offshore asset upgrades. Set to commence in May 2025, the eight-month expedited project on the Floating Production Storage and Offloading (FPSO) vessel will involve extensive structural enhancements, including 1,000 tonnes of steel renewal, 250,000 square meters of tank coating, and 11,500 meters of new piping. The scope also covers enhancements to crew living quarters and integration of advanced technologies to boost its efficiency and reliability. Upon completion, the vessel's lifespan will be extended by 15 years, ensuring sustained energy production for West Africa. Drydocks World, a DP World company, has a proven track record in vessel refurbishments, life extensions and conversions, having successfully completed over 50 similar projects, including more than 30 FPSO upgrades. This latest contract underscores its unmatched expertise in offshore engineering and life extension solutions while reaffirming its commitment to delivering tailored solutions that meet the unique operational needs of its clients. The FPSO BAOBAB IVOIRIEN plays a crucial role in West Africa's offshore production, with a processing capacity of 70,000 barrels of oil per day (bpd) and 75 million cubic feet of natural gas. It can also inject 100,000 bpd of water and store up to two million barrels of crude oil. The vessel, currently operating at the Baobab oil field, 25 km off the coast of Côte d'Ivoire, will relocate to Drydocks World's Dubai facility for its eight-month refurbishment. The contract signing ceremony, held at Drydocks World, was attended by Rado Antolovic, CEO of Drydocks World, and Gary Kennedy, President of MODEC Management Services Pte. Ltd. Capt. Rado Antolovic PhD, CEO of Drydocks World, said: 'Signing this agreement with MODEC highlights our expertise in complex FPSO refurbishment and life extension projects. Our proven track record in executing large-scale offshore engineering works positions us as the ideal partner to enhance the vessel's longevity, efficiency, and operational safety. We are proud to support MODEC in ensuring the long-term efficiency and reliability of its FPSO.' Gary Kennedy, President, MODEC Management Services Pte. Ltd., said: "This contract award is the result of a rigorous selection process to find the best partner for this critical project. Drydocks World's extensive experience in FPSO upgrades and their commitment to quality and safety made them the ideal choice. The vessel's deepwater operations demand precise refurbishment and life-extension measures to overcome complex engineering and operational challenges, while ensuring efficiency and long-term safety. 'We look forward to working closely with Drydocks World to deliver a revitalised vessel that will continue to play a key role in Côte d'Ivoire's offshore production."Originally converted in 2003 from an Ultra Large Crude Carrier (ULCC), FPSO BAOBAB IVOIRIEN was designed with expandable topsides to maximize offshore production capacity. FPSOs like this are essential in deepwater operations, enabling crude oil and gas processing at sea before transferring resources to tankers or World remains at the forefront of offshore innovation, delivering world-class engineering solutions that enhance asset performance, longevity, and sustainability in the global energy sector.
Zawya
24-03-2025
- Business
- Zawya
Drydocks World secures FPSO Baobab Ivoirien refurbishment and life extension project
Dubai, UAE: Drydocks World has been awarded the contract for the refurbishment and life extension of the FPSO BAOBAB IVOIRIEN, by MODEC Management Services Pte. Ltd., further strengthening its position as a global leader in complex offshore asset upgrades. Set to commence in May 2025, the eight-month expedited project on the Floating Production Storage and Offloading (FPSO) vessel will involve extensive structural enhancements, including 1,000 tonnes of steel renewal, 250,000 square meters of tank coating, and 11,500 meters of new piping. The scope also covers enhancements to crew living quarters and integration of advanced technologies to boost its efficiency and reliability. Upon completion, the vessel's lifespan will be extended by 15 years, ensuring sustained energy production for West Africa. Drydocks World, a DP World company, has a proven track record in vessel refurbishments, life extensions and conversions, having successfully completed over 50 similar projects, including more than 30 FPSO upgrades. This latest contract underscores its unmatched expertise in offshore engineering and life extension solutions while reaffirming its commitment to delivering tailored solutions that meet the unique operational needs of its clients. The FPSO BAOBAB IVOIRIEN plays a crucial role in West Africa's offshore production, with a processing capacity of 70,000 barrels of oil per day (bpd) and 75 million cubic feet of natural gas. It can also inject 100,000 bpd of water and store up to two million barrels of crude oil. The vessel, currently operating at the Baobab oil field, 25 km off the coast of Côte d'Ivoire, will relocate to Drydocks World's Dubai facility for its eight-month refurbishment. The contract signing ceremony, held at Drydocks World, was attended by Rado Antolovic, CEO of Drydocks World, and Gary Kennedy, President of MODEC Management Services Pte. Ltd. Capt. Rado Antolovic PhD, CEO of Drydocks World, said: 'Signing this agreement with MODEC highlights our expertise in complex FPSO refurbishment and life extension projects. Our proven track record in executing large-scale offshore engineering works positions us as the ideal partner to enhance the vessel's longevity, efficiency, and operational safety. We are proud to support MODEC in ensuring the long-term efficiency and reliability of its FPSO.' Gary Kennedy, President, MODEC Management Services Pte. Ltd., said: "This contract award is the result of a rigorous selection process to find the best partner for this critical project. Drydocks World's extensive experience in FPSO upgrades and their commitment to quality and safety made them the ideal choice. The vessel's deepwater operations demand precise refurbishment and life-extension measures to overcome complex engineering and operational challenges, while ensuring efficiency and long-term safety. 'We look forward to working closely with Drydocks World to deliver a revitalised vessel that will continue to play a key role in Côte d'Ivoire's offshore production." Originally converted in 2003 from an Ultra Large Crude Carrier (ULCC), FPSO BAOBAB IVOIRIEN was designed with expandable topsides to maximize offshore production capacity. FPSOs like this are essential in deepwater operations, enabling crude oil and gas processing at sea before transferring resources to tankers or pipelines. Drydocks World remains at the forefront of offshore innovation, delivering world-class engineering solutions that enhance asset performance, longevity, and sustainability in the global energy sector. For more information, please contact: Drydocks World Marija Boskovic / Shamsa AlMehairi / About Drydocks World Over the past 40 years, Drydocks World, a DP World Company, has become a leading provider of marine and offshore services to the shipping, oil, gas, and renewable energy sectors. Conceived as an ambitious project under the guidance of H.H. Sheikh Rashid Bin Saeed Al Maktoum the late Ruler of Dubai, the yard is strategically located in a rapidly developing region of the world. Drydocks World completes over 300 projects a year on average, with a record of handling 42 refurbishment projects simultaneously. Located next to Dubai's Port Rashed, the yard is spread over 200 hectares and includes three graving docks and a floating dock, as well as more than 3,700m of berth space. It also boasts an in-house-built floating crane, which can lift 2,000 metric tonnes, including the weight of lifting gear for all types of heavy lift operations. The facilities have allowed Drydocks World to break records in constructing some of the largest new build offshore fabrications in the world. Drydocks World aims to consistently deliver excellence and achieve further success for the UAE's maritime industry, positioning Drydocks World as an international yard of choice. About DP World DP World is reshaping the future of global trade to improve lives everywhere. Operating across six continents with a team of over 100,000 employees, we combine global infrastructure and local expertise to deliver seamless supply chain solutions. From Ports and Terminals to Marine Services, Logistics and Technology, we leverage innovation to create better ways to trade, minimising disruptions from the factory floor to the customer's door. WE MAKE TRADE FLOW
