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Corporate News

05 August 2007

 
Renaissance subsidiary Nico International builds its first vessel

 

Nico International, a subsidiary of Renaissance Services SAOG, and the Dubai based region’s leading ship repairer announced that its specialized division NicoCraft has launched its first new build, the Nemo. This 19m aluminum catamaran Dive Support Vessel was launched just 18 months after the Company commenced operations. NicoCraft currently has orders for five additional crew boats ranging from a 17m monohull to 30m catamarans. Focusing on aluminum catamarans, NicoCraft also builds monohulls and intends to focus on the crew boat, utility boat, patrol boat and fast ferry markets.

According to Peter Tinker, Operations Manager, “We aim to offer the region state of the art, locally built vessels, with the very latest designs in passenger ferries, crew boats and patrol craft, for which currently there is an unprecedented level of demand in the Middle East Gulf region.”

Built in a purpose built boat yard within the Port of Fujairah, the Nemo will provide a platform for Nico International to expand its diving operations in the Middle East, which include hull cleaning, propeller polishing, class approved underwater surveys, anchor recovery and salvage operations.

NicoCraft has opted for the hi-tech approach to customer satisfaction by bringing in designs from one of the world's leading naval architects from New Zealand. Utilizing water jet cutting and CNC technology NicoCraft’s vessels are built to exacting standards and tolerances and aimed at reducing any element of human error in the fabrication process.

Nico International, the region's leading ship repairer, has a workforce of over 1,500 with 24 nationalities, has worked in 42 countries last year and clocked up over 2.5 million productive man-hours. Nico has branched out into boat building through its specialized division, NicoCraft and intends to provide a full range of building, repairing and dry docking services to its customers on the East Cost through its new yard within the Port of Fujairah.

Renaissance is a diverse service group listed on the Muscat Security Market in the Sultanate of Oman with a primary focus on oil and gas services. Renaissance owns one of the top 10 offshore fleets in the world; has engineering businesses in oil & gas fabrication and afloat ship repair; is a leading turnkey contract services provider; and has successful technology, media and training businesses.
 

 

 

 

 

 

© 2005 - 2008 Renaissance Services SAOG, Sultanate Of Oman