New strategy to boost Colombo Dockyard income
The International Convention for the Safety of Life at Sea (SOLAS)
rules are being implemented and single hulled tankers have been phased
out. This would result in a large fleet of vessels going out of service
by the year 2010-12.
This has changed the mix of vessels that have been patronising the
Colombo Dockyard. Some of the double-hulled tankers are too large to be
taken into the dry dock.
To address the issue, Colombo Dockyard PLC (CDPLC) has been gradually
shifting its strategy focusing on Offshore Support vessels, Dredgers and
passenger vessels. CDPLC attracted world renowned dredger operators such
as Van Oord, Holland, Dredging International, Belgium, Boskalis, Holland
and Hyundai, Korea along with specialist offshore support vessel
operators, namely Bourbon Offshore, France, Tidewater, USA, SBS Marine,
UK, Great Offshore and Greatship from India.
The volume of work generated in the offshore support vessels and the
dredgers are high and needs a skilled and dedicated workforce. In
keeping with this strategy the drydock accommodated 3-4 small vessels
simultaneously, as against one big tanker, General Manager (Commercial),
Colombo Dock-yard PLC, Kithsiri Nayakarathna told Daily News Business.
He said that development projects such as the South Port Project have
also provided repair opportunities. The yard has been providing
essential repair and maintenance facilities to many dredgers, tugs and
other work boats deployed on the project. Oil-exploration in the coast
of Sri Lanka will begin early next year, which will also attract more
offshore vessels to our region.
Bourbon Themis, an off-shore supporter, Gatizippp, a cargo
ship, Tirumalai, an oil-tanker are being repaired while
Greatship is built building at the Colombo Dockyard. Picture
by Sumanachandra Ariyawansa
“We have targeted offshore support vessel dredgers and passenger
vessel sectors that have been least hit by the global economic
recession. Our main client base is from vessels (Indian and foreign
owned) that operate in the coast surrounding the Indian Subcontinent.
Given the continuous development and oil exploration work taking place
(East and the west coast of India) this segment is expected to grow”, he
Colombo Dockyard PLC has been the service provider for many Indian
vessels and foreign vessels on the coast of India. The geographical
situation of Sri Lanka is an advantage to a wide market. Dockyard’s
shipbuilding order book is fully booked till the end of 2012 resulting
in the portfolio mix being 50-50 percent in shipbuilding and ship
repairing, he said.
He said that the first passenger vessel built in the Colombo Dockyard
PLC will be handed over to the Government of India next month.
This vessel can accommodate 250 passengers with cargo facilities. The
project value is US $ 18.3 million. The Colombo Dockyard PLC has
targeted a turnover of over US $ 110 million this year.