King Salman Global Maritime Industries Complex
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King Salman Global Maritime Industries Complex
The King Salman Global Maritime Industries Complex is a shipyard in Ras Al-Khair, Saudi Arabia that is under construction and planned to open in late 2018. Upon completion, it will be the largest shipyard in the world. Development of the facility began in November 2015, when Saudi Arabian oil and gas company Saudi Aramco and South Korean shipbuilder Hyundai Heavy Industries (HHI) signed a memorandum of understanding (MoU) regarding development of marine industry in Saudi Arabia, including a large shipyard. In January 2016, it was announced that the partnership to construct the shipyard had expanded with the signing of an MoU between the National Shipping Company of Saudi Arabia, Maritime Offshore Limited (a Lamprell subsidiary), Saudi Aramco, and HHI. The consortium subsequently signed a joint development agreement in June to undertake feasibility analysis of the shipyard, which had by then been confirmed to be sited in Ras Al-Khair. Royal HaskoningDHV and Hyundai Engineerin ...
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Ras Al-Khair
Ras Al-Khair (Also called Ras Az-Zour, Ras Azzour) is a town and port currently under development in the Eastern Province of Saudi Arabia. It is on the eastern coast, 60 km (37 mi) north of Jubail. It is also known under its project name of "Minerals Industrial City". Industry The new city, RAZMIC (Ras Al Zour Mineral Industrial City), is planned to exploit the mineral deposites of phosphate and bauxite found within Saudi Arabia. Therefore, a di-ammonium phosphate (DAP) plant will be built, an aluminium smelter, an aluminium rolling mill, an ammonia plant, an alumina refinery and facilities to produce phosphoric and sulphuric acid. Power will be supplied by the 2,400 MW Ras Al-Khair Power and Desalination Plant. The official ground breaking for the aluminium project by the Saudi Arabian Mining Company (MA'ADEN) and Alcoa was on 19 June 2010. The project was scheduled to be completed by 2014. Among other projects a residential village for the MAADEN employees was built ...
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Saudi Aramco
Saudi Aramco ( ar, أرامكو السعودية '), officially the Saudi Arabian Oil Company (formerly Arabian-American Oil Company) or simply Aramco, is a Saudi Arabian public petroleum and natural gas company based in Dhahran. , it is one of the largest companies in the world by revenue. Saudi Aramco has both the world's second-largest proven crude oil reserves, at more than , and largest daily oil production of all oil-producing companies. It is the single greatest contributor to global carbon emissions of any company in the world since 1965. On 11 May 2022, Saudi Aramco became the largest (most valuable) company in the world by market cap, surpassing Apple Inc. Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. In 2013 crude oil production total was , and it manages over one hundred oil and gas fields in Saudi Arabia, including 288.4 trillion standard cubic feet (scf) of natural gas reserves. Saudi Aramco operates the Ghawar Field ...
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Hyundai Heavy Industries
Hyundai Heavy Industries Co., Ltd. (HHI; ) is the world's largest shipbuilding company and a major heavy equipment manufacturer. Its headquarters are in Ulsan, South Korea. History HHI was founded in 1972 by Chung Ju-yung as a division of the Hyundai Group, and in 1974, completed building its first ships. In 2002, the company was spun-off from its parent company. HHI has four core business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, and Engine & Machinery. HHI also has five non-core related subsidiaries: Hyundai Electric & Energy Systems, Hyundai Construction Equipment, Hyundai Robotics, Hyundai Heavy Industries Green Energy, and Hyundai Global Service. The Hyundai Group started as a small South Korean construction firm in 1947, headed by its founder, Korean entrepreneur Chung Ju-yung. Another widely known and closely related Korean company, the Hyundai Motor Company, was founded in 1967, five years prior to the founding of the Heavy Indu ...
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National Shipping Company Of Saudi Arabia
Bahri Trading Corporation, is a Custom Clearance and Logistics Company of Pakistan, Bahri was established in 1978 with the aim of providing a comprehensive variety and choice of freight forwarding/logistics services in Pakistan. We hire only the best, most competent, motivated and dedicated logistics management experts and specialists which has enabled the company to achieve remarkable progress and growth within a very short period of time. The company has reliable branches in nearly every part of the world. Bahri uses the latest state of the art technological methods, collaborative work and contemporary logistics perceptions which constantly added to our list of clients because of the efficiency of our work methods. History Bahri was established in 1978 with the aim of providing a comprehensive variety and choice of freight forwarding/logistics services in Pakistan. We hire only the best, most competent, motivated and dedicated logistics management experts and specialists which ...
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Lamprell
Lamprell plc, based in the United Arab Emirates, specialises in construction and fabrication, servicing both the Renewables and Oil & Gas industries. It builds wind turbine foundations as well as shallow-water drilling jackup rigs, liftboats and land rigs, and it also carries out rig refurbishment. In 2021 the company added a Digital business unit servicing not only the renewables and oil & gas sectors but other related industries. It is listed on the London Stock Exchange. History The company was established by Steven Lamprell in 1976 in Dubai. The company established three sites in the United Arab Emirates and one in Thailand before starting jackup rig conversions in the late 1980s. In the late 1990s, the company started to diversify into oil rig construction. In 2006 the company launched an initial public offering on the Alternative Investment Market and in 2008 it secured a full listing on the London Stock Exchange. Lamprell diversified its offering further, from predominan ...
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Royal HaskoningDHV
Royal HaskoningDHV is an international, non-listed engineering consultancy firm with headquarters in Amersfoort, Netherlands. It has offices in 30 countries, employing 5,800 professionals worldwide. Royal HaskoningDHV is active in aviation, buildings, energy, industry, infrastructure, maritime, mining, rural and urban development and water. Financial history History Royal Haskoning Johan van Hasselt taught civil engineering at the Royal Netherlands Military Academy in Breda for a year before starting his own engineering firm. Jacobus de Koning joined as a partner on October 15, 1881 and the engineering firm Hasselt & De Koning was established. The name of the firm changed quite a lot over the years. The name 'Haskoning' made its debut in the letterhead in the autumn of 1976. The acronym Haskoning started out as a telegram address. Reducing the length of the name was extremely practical because of the many international telegrams. In 1981 the company received the designation ...
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Hyundai Engineering & Construction
Hyundai Engineering and Construction Co., Ltd. (HDEC; ) is a major construction company in South Korea. The company was founded by Chung Ju-yung in 1947 as the Hyundai Civil Works Company and was a major component of the Hyundai Group. Hyundai Construction and Hyundai Engineering merged in 1999. Hyundai Construction played a major role in the importation of Korean laborers to the Middle East to work on construction projects in the 1970s and 1980s. In the decade following 1975, Hyundai signed their first contract in the region for construction of a shipyard for the Iranian Navy near Bandar-e Abbas. 800,000 Koreans went to work in Saudi Arabia and another 25,000 went to Iran; Hyundai was their largest employer. Under creditors' management with Korea Exchange Bank as the largest creditor, Hyundai Group was split into several entities from 2001 to 2006.
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Dussur
Saudi Arabian Industrial Investments Company (Dussur) is a Saudi government company established in 2014 at Saudi Arabia for the development of strategic industrial investments. As of April 2019, its CEO is Raed Al-Rayes. Its shareholders include Public Investment Fund, Saudi Aramco, and SABIC. “Dussur” translates to ropes in Arabic. See also *List of companies of Saudi Arabia Saudi Arabia is a sovereign Arab state in Western Asia constituting the bulk of the Arabian Peninsula. The country's command economy is petroleum-based but slowly diversifying; in 2017 58% of budget revenues and 85% of export earnings came from t ... * Saudi Aramco References {{authority control 2014 establishments in Saudi Arabia Government-owned companies of Saudi Arabia Companies based in Riyadh Saudi Arabian brands Public Investment Fund ...
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Shipbuilding Companies
A shipyard, also called a dockyard or boatyard, is a place where ships are shipbuilding, built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships. Dockyards are sometimes more associated with maintenance and basing activities than shipyards, which are sometimes associated more with initial construction. The terms are routinely used interchangeably, in part because the Shipyard#History, evolution of dockyards and shipyards has often caused them to change or merge roles. Countries with large shipbuilding industries include Australia, Brazil, China, Croatia, Denmark, Finland, France, Germany, India, Republic of Ireland, Ireland, Italy, Japan, the Netherlands, Norway, the Philippines, Poland, Romania, Russia, Singapore, South Korea, Sweden, Taiwan, Turkey, the United Arab Emirates, Ukraine, the United Kingdom, the United States of America, United States and Vietnam. The shipbuilding industry is more fragmented in Economy of Europe, ...
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