March 2014

C hairman' s Message

O�sh

ore &

Engi

neer

ing

I Shi

p Re

pair

& M

aint

enan

ce I S

hip

Build

ing

& Co

nver

sion

I Shi

ppin

g &

Chan

dler

y I M

ariti

me C

lust

ers I

Yach

t Rep

air

P.O. B

ox 8

988

D

ubai

, UA

E

Tel:

0097

14 3

45 0

626

Fa

x: 0

0971

4 34

5 01

16

Khamis Juma Buamim Chairman of Drydocks World & Maritime World

As we continue to make progress and set our objectives for 2014, we need to focus on harvesting the success of our business turnaround and formulate targets in every unit of our group business to strengthen our new culture of target orientation, ownership and accountability to meet and exceed all targets.

We should understand challenges at a global level and channel competencies towards growth and a strong market share. Simultaneously, we seek to review infrastructure needs, which include yard space and optimization, periodical asset maintenance and increasing business capacity as well as information technology, engineering, total process review and alignment, people development and training.

This will include investment on a highly quali�ed and skilled workforce, establishment of cutting edge policies and guidelines and proper compliance with regulatory requirements. Operational excellence and risk management will be core business requirements and robust performance management practices will ensure fair treatment of our workforce.

We will move to a knowledge based company (SMART & E solutions) with the further development of a globally competitive workforce. We will continue to drive home performance and deliverables which are on schedule and on budget.

We will ensure full compliance with all business requirements which include HSEQ, �nancial audits, external and internal business audits, client audits and any other audits required by our stakeholders, while maintaining full transparency in all aspects.

Drydocks World & Maritime World audit drive towards re-certi�cation and process update for o�shore services ... Page 3

Drydocks World & Maritime World launches employee recognition programme with Anchor Awards... Page 5

Drydocks World & Maritime World showcase supremacy in regional oil & gas industry at O�shore Arabia... Page 2

Drydocks World & Maritime World hosts high-pro�le delegation of Turkish companies focusing on yacht maintenance... Page 4

1

Drydocks World & Maritime World showcased its exceptional capabilities at the oil & gas sector’s leading event, the 8th O�shore Arabia 2014 Conference & Exhibition. The event was held under the patronage of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai from March 3-5, 2014 at the Dubai International Convention Centre, UAE.

Understanding the need for specialized services in the rapidly evolving o�shore oil & gas and energy sectors, which will see consistent growth till 2035, the company has adopted several measures to serve the o�shore oil & gas sectors with best-in-class services. This strategy has seen the facility transform itself into a leading service provider to the o�shore oil & gas and energy sectors globally. The participation drew sustained interest from regional players and was successful in procuring new leads. Drydocks World has in recent times implemented a wide range of world's �rst projects for leading global players. On the repair and maintenance side, Drydocks World has carried out major rig repair and refurbishment for major industry players. Nearly 125 repair and refurbishment projects have been completed in the past two decades. The shipyard has carried out major retro on drilling rigs and jack-ups, from a basic hull structure being transformed to a complete OPV with new fabricated bracing legs, columns, new spud cans, accommodation structures and jacking & drilling systems. Drydocks World is one of the specialized hubs for LNG, LPG and tanker repairs and has carried out projects for regional and global players. The shipyard has a specialized cryogenic workshop to address the sophisticated repair needs of gas carriers and has consistently been used by this sector.

In addition, several forward-thinking measures have been implemented to achieve success in the foray into the oil & gas sectors. Drydocks World received formal recognition through American Petroleum Institute (API) Speci�cation Q1 certi�cation for the shipyard’s Quality Management System which is suited to the requirements of the o�shore oil and gas sectors. An audit drive towards re-certi�cation and process update for o�shore services has been initiated and the company has reached an agreement with DNV GL to verify compliance with the ISO 9001:2008 standard and to identify potential process improvement opportunities as part of continuous improvement and innovation.

Drydocks World & Maritime World showcase supremacy in regional oil & gas industry atOffshore Arabia 2014

O�sh

ore &

Engi

neer

ing

I Shi

p Re

pair

& M

aint

enan

ce I S

hip

Build

ing

& Co

nver

sion

I Shi

ppin

g &

Chan

dler

y I M

ariti

me C

lust

ers I

Yach

t Rep

air

P.O. B

ox 8

988

D

ubai

, UA

E

Tel:

0097

14 3

45 0

626

Fa

x: 0

0971

4 34

5 01

16

2

Drydocks World and Maritime World reached an agreement with DNV GL and appointed the Classi�cation Society to provide re-certi�cation services for its Quality Management Systems. DNV GL will be reviewing and auditing Drydocks World & Maritime World Quality Management Systems as per the agreed plans to verify compliance with the ISO 9001:2008 standard and to identify potential process improvement opportunities.

The contract was signed by Eng. Ali Bin Towaih, Vice President - Business Development, Commercial & Project Management and Mr. Alireza Ramin Majid, Country Manager of DNV on February 11, 2014. The certi�cation covers all processes related to product and service creation associated with Drydocks World & Maritime World operations, update processes to accommodate rig building and o�shore construction, reduce costs, improve the e�ciency cycle in line with clients’ and customers’ recommendations. This will also cover operations undertaken by its state-of-the-art Global O�shore Services facility.

Currently, Drydocks World & Maritime World Management Systems are certi�ed to ISO 9001:2008, API Speci�cation Q1, API TS 29001, ISO 14001:2004, OHSAS 18001:2007 and ASME “R”, “U” & “NB” Certi�cation of Authorization. The merger of DNV and GL in September 2013, led to the creation of DNV GL, a world leading ship and o�shore classi�cation society and one of the world’s top three certi�cation bodies. DNV GL has a long standing history of cooperation with Drydocks World & Maritime World.

Drydocks World & Maritime World audit drive towards re-certification and process update foroffshore services

O�sh

ore &

Engi

neer

ing

I Shi

p Re

pair

& M

aint

enan

ce I S

hip

Build

ing

& Co

nver

sion

I Shi

ppin

g &

Chan

dler

y I M

ariti

me C

lust

ers I

Yach

t Rep

air

P.O. B

ox 8

988

D

ubai

, UA

E

Tel:

0097

14 3

45 0

626

Fa

x: 0

0971

4 34

5 01

16

3

Drydocks World & Maritime World hosted a high-level delegation of Turkish companies specializing in yacht repair and maintenance. The delegation was hosted by His Excellency Khamis Juma Buamim, Chairman and Eng. Ali Alsuwaidi, VP – Business Development, Commercial & Project Management of Drydocks World & Maritime World. The delegation was led by the Commercial Attaché at the Turkish Consulate in Dubai, Mr. Sardar Komparaja, and members of the Commercial Section at the Turkish Consulate in Dubai, Ms. Kulzar Aivasc, Ms. Alsidali Auchi and Ms. Ceyhan Temel and representatives of a number of Turkish companies from the Chamber of Commerce at Bodrum, Turkey.

The delegation evinced keen interest in Drydocks World & Maritime World facilities of which they were given an overview. They discussed possibilities and avenues for future collaboration and co-operation.

The Chairman extended his support to the companies in their business and expressed that yacht repair, re�t and maintenance was an important segment which the company is focusing on to cater to the growing number of marinas and yacht owners in the region. Furthermore, he stressed the importance of the role played by the Drydocks World and Maritime World in the commercial and industrial scenario in Dubai and in the UAE. He pointed towards his personal involvement in generating investor interest into this well-established commercial and industrial set-up for repair and maintenance activities.

Dr. Najdat Karam, Director General of Sarilar Group of companies, who was part of the delegation, praised the extent to which His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, encouraged global companies to work and invest in the United Arab Emirates by providing an open environment, strong regulatory measures and all-round e�ciency.

Drydocks World & Maritime World hosts high-profile delegation of Turkish companies focusingon yacht maintenance

O�sh

ore &

Engi

neer

ing

I Shi

p Re

pair

& M

aint

enan

ce I S

hip

Build

ing

& Co

nver

sion

I Shi

ppin

g &

Chan

dler

y I M

ariti

me C

lust

ers I

Yach

t Rep

air

P.O. B

ox 8

988

D

ubai

, UA

E

Tel:

0097

14 3

45 0

626

Fa

x: 0

0971

4 34

5 01

16

4

O�sh

ore &

Engi

neer

ing

I Shi

p Re

pair

& M

aint

enan

ce I S

hip

Build

ing

& Co

nver

sion

I Shi

ppin

g &

Chan

dler

y I M

ariti

me C

lust

ers I

Yach

t Rep

air

P.O. B

ox 8

988

D

ubai

, UA

E

Tel:

0097

14 3

45 0

626

Fa

x: 0

0971

4 34

5 01

16

5

Drydocks World & Maritime World launched an employee recognition programme, Anchor Employee Awards. The monthly Awards recognizes outstanding performance and honors the accomplishments of employees for their superior performance and exemplary contribution to the execution of projects using processes and approaches that are consistent with the long and near term strategy and goals of the company. The Awards were given to employees of various Departments such as Infrastructure Maintenance & Development, Maintenance, Safety & Environment, Quality Control, Electrical, Fabrication, Engineering, Warehouse, Medical Centre, Security and Global O�shore Services and are likely to make signi�cant contributions towards productivity, customer retention and engagement and return on pro�t margin.

Drydocks World & Maritime World launches employee recognition programme with Anchor Awards

Drydocks World & Maritime World sponsored the 2014 SAPC IADC Golf Tournament. A team from Drydocks World participated in the event

organised on March 19-20, 2014 at the Emirates Golf Course. Over 500 golfers from every sector of the oil & gas industry took part in the event.

Drydocks World and Maritime World - Gold Sponsor of 2014 SAPC IADC Golf Tournament

O�sh

ore &

Engi

neer

ing

I Shi

p Re

pair

& M

aint

enan

ce I S

hip

Build

ing

& Co

nver

sion

I Shi

ppin

g &

Chan

dler

y I M

ariti

me C

lust

ers I

Yach

t Rep

air

P.O. B

ox 8

988

D

ubai

, UA

E

Tel:

0097

14 3

45 0

626

Fa

x: 0

0971

4 34

5 01

16

6

National Drilling Company rig Al-Ittihad management and crew would like to appreciate the e�orts of Drydocks World �re team while executing the �re drill on March 7, 2014. The response was excellent and the performance was impressive. We wish you all the best! Mujahid Khalil, Rig Manager, National Drilling Company

Al-Ittihad We appreciate the project team’s e�ort and cooperation with us to �nalize Alghweifat maintenance project. We feel everyone has done his best. Ashraf, Chief Engineer – Alghweifat, National Drilling Company

Al Ghweifat

O�sh

ore &

Engi

neer

ing

I Shi

p Re

pair

& M

aint

enan

ce I S

hip

Build

ing

& Co

nver

sion

I Shi

ppin

g &

Chan

dler

y I M

ariti

me C

lust

ers I

Yach

t Rep

air

P.O. B

ox 8

988

D

ubai

, UA

E

Tel:

0097

14 3

45 0

626

Fa

x: 0

0971

4 34

5 01

16

7

DolWin Beta:

Installation of anodes completed, Installation of Column Units MC completed, U341 (T-151/T-152) rooms handed over, U342/441(T-161/T-162) room handed over, T-206 Room handed over, Mechanical & electrical work carried out in room T-102, Insulation work in room T-206.

Prelude FLNG Turret:

U202/203 Heavy Lift, Module 5 TLER columns - Installation on grillage completed.

Solan subsea oil storage tank:

All blocks installed, aligned and �tted on Solan subsea oil storage tank, Three Quadrants (BLK1, BLK3 & BLK5) have been coated, Lifting Slings have been installed.

Bird’s-eye View: Project Progress at Drydocks World

DolWin Beta Prelude FLNG Turret Solan subsea oil storage tank

The 3rd Hamdan Bin Mohammed e-University Congress was organised at the

Atlantis hotel in Dubai, on March 3-5, 2014, under the patronage of His

Highness Sheikh Hamdan Bin Mohammed Al Maktoum, Crown Prince of Dubai

and President of HBMeU. Drydocks World was a gold sponsor of the event.

Drydocks World sponsors HbMeU Congress

O�sh

ore &

Engi

neer

ing

I Shi

p Re

pair

& M

aint

enan

ce I S

hip

Build

ing

& Co

nver

sion

I Shi

ppin

g &

Chan

dler

y I M

ariti

me C

lust

ers I

Yach

t Rep

air

P.O. B

ox 8

988

D

ubai

, UA

E

Tel:

0097

14 3

45 0

626

Fa

x: 0

0971

4 34

5 01

16

8

We would like to appreciate your team for the successful completion of our dry dock repair project. Despite the tight schedule, your project team handled every aspect of the project perfectly, making sure there were no lapses. We are satis�ed with the quality of the work done and the shipyard’s performance. Richard.Ya, Technical Superintendent, Maersk Tankers Technical Operations

Hoegh YokohamaWe appreciate your e�orts during the vessel’s dry docking, which re�ected the vast experience and high standards maintained by Drydocks World. We are impressed by the importance given to safety and are left with a very good impression, as all our requirements were satis�ed and the process was easier than in other places. Hany Abd Elsattar, Engineering Superintendent, Halul O�shore Service Company W.L.L.

Khattaf

O�sh

ore &

Engi

neer

ing

I Shi

p Re

pair

& M

aint

enan

ce I S

hip

Build

ing

& Co

nver

sion

I Shi

ppin

g &

Chan

dler

y I M

ariti

me C

lust

ers I

Yach

t Rep

air

P.O. B

ox 8

988

D

ubai

, UA

E

Tel:

0097

14 3

45 0

626

Fa

x: 0

0971

4 34

5 01

16

9

Y a cht rep a irs in M a rch 2 0 1 4

Platinum Yacht Repair will carry out the maintenance of vessels belonging to the Roads & Transport Authority (RTA) including nine water buses, �ve water taxis, four water ferries, one inspection boat and one RTA Ambassador 32 vessel. A dedicated team has been constituted and a satellite o�ce has been set up at the RTA’s Alseef station to o�er immediate assistance.Other projects that were handled in March 2014 are as follows:Seham 1: The repair job on this vessel belonging to Dubai Municipality included miscellaneous general repair.MY Ghanim: The vessel of 95ft, designed by Benetti arrived for Hull Treatment including antifouling, hull polishing and anodes replacement.MY Shubra II: The jobs carried out on this 60 m long vessel included Hull Treatment, underwater painting, stabilizer replacement, side wing extension and docking.MY Canopus: The work scope on this vessel included antifouling and copper coat application.An annual maintenance contract with Road Transport Authority (RTA) Fleet maintenance and work on the company’s vessels is expected to commence in March 2014. The above projects are in addition to ongoing work on Samander L8208, Al Hel, a 136m long Landing Craft, Al Manna, a 65ft yacht, Conversion of Ferry into Yacht Notation, Swath –L8152 and El Lobo – L8154. The following vessels are expected to arrive in April 2014 are MY Escape, MY Life Serenity, MY Africat and MY Dubai Magic.

Zamil 53: Dry-docking, hull treatment, anchor chain survey, anode renewal, overhaul of generator, pumps and motors, repair of piping and steel, tank cleaning, grit blasting and painting of tank were carried out. Assistance was provided to service engineer for repair and overhaul of thrusters and CPP propeller & shafts and overhaul of valves.

Somerset: This vessel belonging to the Royal Navy was berthed and testing of windlass and some miscellaneous jobs were carried out.

Tug Mask: Dry-docking, hull treatment, overhaul of pumps and motors, repair of piping and steel, shaft survey, straightening of shafts and rudder removal & re�t are some of the major jobs that were implemented on this vessel.

Barge Stoeney 3: This barge docked for emergency repair. Steel was repaired in 22 locations.

Elham 1: The hull has been hydro-blasted to WJ2 standard and painted according to paint scheme approved by the client.

Mehran Explorer: Miscellaneous steel, pipe and mechanical repair is being carried out on this vessel as per agreed schedule.

Northern Genesis: A�oat repair is being carried out on the vessel. The work scope comprises of steel repairs in various locations, pipe repairs and general services.

D M C M a rine S ervices : R ep a irs ca rried ou t d u ringM a rch 2 0 1 4

O�sh

ore &

Engi

neer

ing

I Shi

p Re

pair

& M

aint

enan

ce I S

hip

Build

ing

& Co

nver

sion

I Shi

ppin

g &

Chan

dler

y I M

ariti

me C

lust

ers I

Yach

t Rep

air

P.O. B

ox 8

988

D

ubai

, UA

E

Tel:

0097

14 3

45 0

626

Fa

x: 0

0971

4 34

5 01

16

10

H S E N otes LTI Free Months: Five million Lost Time Injury (LTI) free man-hours were achieved during the �rst two months of 2014. SOLAN Subsea Oil Storage Tank (SOST) project completed one million Lost Time Injury (LTI) free man-hours and a ceremony to mark this occasion was organised on March 12, 2014.

Monthly Safe Worker Award for PRELUDE FLNG Project: Drydocks World project team organised the Awards ceremony on March 5, 2014 to encourage employees for consistent performance in safety and for actively supporting HSE issues on the project.

Monthly HSE Awards ceremony took place on March 10, 2014. The Awards recognized outstanding HSE contributions from the workforce. Awards were presented under the following categories: • Best Assigned Area Authority Representative• Safe Worker• Safety Quiz winner • Think Tank

O�sh

ore &

Engi

neer

ing

I Shi

p Re

pair

& M

aint

enan

ce I S

hip

Build

ing

& Co

nver

sion

I Shi

ppin

g &

Chan

dler

y I M

ariti

me C

lust

ers I

Yach

t Rep

air

P.O. B

ox 8

988

D

ubai

, UA

E

Tel:

0097

14 3

45 0

626

Fa

x: 0

0971

4 34

5 01

16

11

A C T S A FEL Y WO

R K SAFELY THINK SA

FEL YZER HARM

Drydocks World and Maritime World

H S E N otes The OHSAS 18001 3rd Surveillance Audit by Lloyds Register Quality Assurance was completed successfully on March 11-13, 2014. The aim was to review the continuity of OH&S Management System, its e�ectiveness in meeting stakeholder’s expectations, to review changes and compliance with applicable legal and other requirements and to record whether the assessment activities carried out in Drydocks World are in line with the requirements of OHSAS 18001:2007. Permit to store dangerous goods: Drydocks World has obtained the approval of renewal of permit for ‘Storage of Dangerous Goods’ from Dubai Municipality.

Earth Hour 2014: Millions of people around the world send a strong message against climate change by turning o� the lights for one hour during Earth Hour on March 29, 2014 from 8.00 pm to 9.00 pm. Drydocks World & Maritime World participated in this event and the employees contributed towards making it a success.

World Safety Day 2014: Drydocks World will support the International Labor Organization (ILO) ‘World Day for Health & Safety at Work’ on April 28, 2014. This year’s theme is ‘Safety and health in the use of chemicals at work’. Various HSE initiatives will be organised on this day.

O�sh

ore &

Engi

neer

ing

I Shi

p Re

pair

& M

aint

enan

ce I S

hip

Build

ing

& Co

nver

sion

I Shi

ppin

g &

Chan

dler

y I M

ariti

me C

lust

ers I

Yach

t Rep

air

P.O. B

ox 8

988

D

ubai

, UA

E

Tel:

0097

14 3

45 0

626

Fa

x: 0

0971

4 34

5 01

16

12

O�sh

ore &

Engi

neer

ing

I Shi

p Re

pair

& M

aint

enan

ce I S

hip

Build

ing

& Co

nver

sion

I Shi

ppin

g &

Chan

dler

y I M

ariti

me C

lust

ers I

Yach

t Rep

air

P.O. B

ox 8

988

D

ubai

, UA

E

Tel:

0097

14 3

45 0

626

Fa

x: 0

0971

4 34

5 01

16

13

His Excellency, Khamis Juma Buamim, Chairman DDWMW met the following notable visitors to the yard

Mr. Saeed Al Qatami, Chief Executive O�cer at Deyaar, and His Excellency Khamis

Juma Buamim, Chairman of Drydocks World & Maritime World signed an

Agreement. Deyaar acquired a mixed-use development plot spanning 70,226.53 sq

feet in Marina District of Dubai Maritime City.

A high level delegation from Lloyds Register including Mr. Willem Moelker, Senior Vice President, Marine Manager – Middle East & Africa, Mr. Zahid Rahman, Vice President, Area Marine Business Development, Middle East, Africa & Pakistan, Captain Tony Field, Regional Consultancy Manager – EMEA, Mr. Apostolos Poulovassilis, Regional Marine Manager (EMEA) and Mr. Adrianos Zaphiropoulos, Marine Operations Manager, MEA.

Visitors

O�sh

ore &

Engi

neer

ing

I Shi

p Re

pair

& M

aint

enan

ce I S

hip

Build

ing

& Co

nver

sion

I Shi

ppin

g &

Chan

dler

y I M

ariti

me C

lust

ers I

Yach

t Rep

air

P.O. B

ox 8

988

D

ubai

, UA

E

Tel:

0097

14 3

45 0

626

Fa

x: 0

0971

4 34

5 01

16

14

Write to us Drydocks World and Maritime World

P.O. Box 8988, Dubai, UAE

Email us ccom@drydocks.gov.ae

Visit us www.drydocks.gov.ae

www.dubaimaritimecity.com

We invite contributions from employees,These will be reviewed and published subject

to approval by the Management team.

Please contact us on ccom@drydocks.gov.aeif you have any queries.

Forthcoming Event:

P.O. Box 8988 Dubai, UAE Tel: 009714 345 0626 Fax: 009714 345 0116 www.drydocks.gov.ae ddwgos@drydocks.gov.ae

Careers UAE 2014:

As an organization committed to Emiratisation and the empowerment of nationals, we are delighted to inform you that we are exhibiting at Careers UAE 2014 being held under the esteemed patronage of His

Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and ruler of Dubai, on April 22-24, 2014

at the Dubai World Trade Centre.

You are cordially invited to our Stand C3-6, where we will showcase some of our initiatives aimed at drawing local talent.

We look forward to welcoming you.

INVITATION َ

،

2014

.

2014 22-24

10:00

(C3-6)