Dayang to expand into marine support sector

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PRESS RELEASE

Dayang to expand into marine support sector

MIRI: Dayang Enterprise Holdings Berhad is set to expand more prominently into marine support sector with the development of oil and gas industry in the country and region.
Dayang deputy executive chairman James Ling said through its wholly owned subsidiary DESB Marine Services Sdn Bhd, the company will have strong presence and growth in the area of deep-water exploration and activities.

“Dayang will continue its focus on building two revenue pillars: provision of offshore topside structural maintenance, hook-up and commissioning and charter of marine vessels with continuous investments for future sustainable growth,” he said at the ‘Protocol Delivery and Handing over Ceremony’ of Dayang Zamrud yesterday.

The ceremony held at Imperial Hotel here marked the official completion in the construction of Dayang Zamrud by Shin Yang Shipyard. The workboat now joins its two sister workboats – Dayang Pertama and Dayang Berlian – in her journey of a good career with the oil and gas industry.

Ling further said: “The building of Dayang Zamrud is part of a continuous programme for DESB Marine Services Sdn Bhd to support the oil and gas industry in Malaysia and the region. The company is looking for more opportunities in line with fleet expansion in view of our strong financial position with practically zero gearing.”

During the protocol delivery ceremony, Ling commended executive chairman of Shin Yang Group of Companies Datuk Ling Chiong Ho for delivering a quality workboat to them.

Dayang Zamrud is the third newly custom-built workboat which started construction in Feb 2008 by Shin Yang in Kuala Baram, Miri. The vessel is designed to cater for the offshore oil and gas industry and built under stringent Petronas PGBOOM and IMO requirements under SOLAS Marpol.

The vessel is equipped with advance navigational and communication equipment onboard. The overall length of the vessel is 75m with main engine horsepower of 3600BHP. The vessel’s speed easily exceeds ten knots while cruising with loaded condition.

“This vessel is built to provide accommodation for 189 passengers, the big deck space of about 700 sq m is most ideal to ship machinery and equipment to carry out offshore maintenance,” Ling added.

A 25 tonnes pedestal crane is installed to provide lifting of materials and equipment and transferring from the vessel to offshore platforms. A gangway linking the vessel to the offshore platform allows offshore construction workers to work on the platform on a daily basis.

The vessel also house an elaborate gallery with advance cooking equipment, one mess room that caters for 100 persons at any one time, a recreational room for offshore workers to rest and get together after a day’s hard work, air-conditioned accommo-dation for 189 persons, one hospital with clinic equip-ment, one conference room, a surau and a dark room.

Present was Pujut assemblyman Andy Chia.

(Taken from Borneo Post)

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