The investment, spread over five years, will fund the rehabilitation and replacement of vessels in the company's fleet. IRSHAD’s intentions were announced at the sidelines of Seatrade's Middle East Workboats and Offshore Marine (MEWBOM) in Abu Dhabi earlier today.
The news follows the announcement of a deal between IRSHAD and marine support services provider Smit Lamnalco for the operation of DP2 Anchor Handling Tug SL Labuan for two years of maintenance activities at crude oil terminals in Fujairah.
Khalifa Al Qubaisi, gm of IRSHAD said the vessel’s DP2 capability and extensive deck area made the SL Labuan “ideally suited for such operations, which also involves saturation diving activities."
Part of the Abu Dhabi National Oil Company (ADNOC) group, IRSHAD currently owns a fleet of 48 vessels of various types and capabilities for a range of applications including pilotage, berthing of oil and gas tankers, crew transfer and coordinating the loading and unloading of oil products at Ruwais, Jebel Dhanna, Das Island, Zirku Island, Mubarraz and other offshore locations.
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