Ship building is a volatile industry but there is an optimistic sentiment about the industry in the future.
Colombo Dockyard PLC will invest in expanding to other ports in the country, Colombo Dockyard PLC Chairman, Akihiko Nakauchi told Daily News Business. He was speaking after christening a newly built ship Greatship Rohini yesterday.
There will be new investments forwarded in line of machines, cranes and equipment in the future such as metal cutting machines and compressors in 2012.
The other ports in the country too should be equipped with sufficient latest facilities for the Dockyard to establish.
“Middle East, Dubai, Abu Dhabi, Indonesia and Vietnam are some of our competitors.
Colombo Dockyard PLC will be concentrating on servicing clients from Europe and the Middle East in the future,” the Chairman said. “Changes in people’s attitudes, approaches to business and productivity has to be addressed in developing the ship building industry in the country.
Without implementing these components adding infrastructure will not create a great economy. It proves that an individual company such as Colombo Dockyard PLC can reach international standards in catering to the international market as we have done today,” Colombo Dockyard PLC Managing Director and CEO Mangala P B Yapa said.
The vessel, Greatship Rohini can be used for oil exploration in the deep sea and the vessel is enabled to perform multi-tasks such as welding, opening of valves and repairs in Fugro Brazil, an oil and gas exploration company. The vessel will directly sail to Brazil next week for this purpose.
The value of the vessel is around US $ 26 million and the total aggregated value of the order Greatship Group of Companies placed with Dockyard is closely US $ 240 million.
A total of eleven vessels are to be delivered by Colombo Dockyard PLC under the agreement with Greatship Group of Companies. “Another vessel enabled with Remotely Operated Vehicles (ROVs) will be completed at early March and two 80 tonne anchor handlers are yet to be delivered to Greatship Group of Companies.
The Greatship Anjalee, is the first creation by Colombo Dockyard PLC and eleven vessels will be completed at the end of the agreement. It is the largest order given by the Greatship Building Company for a single company,” Yapa said.
There will be many opportunities for Colombo Dockyard PLC from Brazil to use Sri Lankan made vessels for oil exploration in the future as well. Brazil is one of the best deep water oil exploration markets with latest technological equipment. Colombo Dockyard PLC expects to bring in more investments to Sri Lanka on sophisticated vessels in the future.
source - www.dailynews.lk
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