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DryDock

Dry Dock Management

    A trusted partner

    The single biggest expenditure for any owner, investor or financier after buying a vessel is the cost of dry-docking. These significant costs can adversely affect the vessel’s commercial viability if not properly controlled and with an ever-changing regulatory landscape in shipping, the CAPEX demands of routine dry dockings can escalate considerably.

    Idwal provides a comprehensive dry dock management service which has been proven to save our clients time and money.

    Our objective is to protect our clients' interests and to ensure the dry-docking is well-planned, controlled and executed in line with industry best practise and with minimal cost-escalation. Critically, ensuring that spending authority is respected and financial exposure is minimised where possible. Whilst ensuring that asset-integrity, longevity and fulfilment of future charter commitment is not compromised.

    Our deep experience in this area shows that when dry-docking projects are monitored closely and controlled well, the chances of savings in both time and cost are increased. 

    Major shipowners, banks, funds and financial investors in shipping have used our comprehensive dry dock services with positive results, saving time and money.

    Bridging the gap

    With the pandemic having a significant effect on global travel, Idwal has seen an increase in demand for our Dry Dock Management services, being entrusted as an extension of the shipowner’s technical department. Using our network of highly qualified and experienced dry-docking engineers, we have provided the eyes and ears as acting Superintendents on behalf of our clients during what is one of the most critical periods of a vessels’ lifecycle.


    Ultimately, Idwal’s objective is to protect our clients’ interests and to ensure the dry-docking is well-planned, controlled and executed in line with industry best practise and with minimal cost-escalation. Critically, ensuring that spending authority is respected and financial exposure is minimised where possible, whilst ensuring that asset-integrity, longevity and fulfilment of future charter commitment is not compromised despite the challenging situation we find ourselves in as an industry. Our deep experience in this area shows that when dry-docking projects are monitored closely and controlled well, the chances of savings in both time and cost are increased. Major shipowners, banks, funds and financial investors in shipping have used our comprehensive dry dock services in recent times with positive results, saving time and money.

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    Dry-Dock
    ShanghaiSkyline-1

    Project Support

    Idwal provides extensive coverage in the China region utilising our network of qualified and experienced engineers. Our dedicated Shanghai office is led by a team of individuals that have worked extensively over the past 25 years to understand the needs and expectations of our clients in China. With the team available in the same time zone, we have the ability to respond immediately to bespoke queries and projects anywhere in the world, all the while providing translation of key findings and ensuring that the results are always delivered with absolute clarity and consistency using our market leading framework.


    During the COVID pandemic, having domiciled teams ready for immediate mobilisation has allowed Idwal to effectively step in at whatever stage of the dry dock project our client requires.

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    Tariffs and further information

    Idwal can provide a wide range of resources, allowing us to provide customised solutions correlated to
    the client’s needs. These services include, but are not strictly limited to:

    • Full Docking Superintendents
    • Paint Supervisors
    • Steel Supervisors
    • Safety Officers
    • Pipe Supervisors
    • Ballast Water Treatment System Supervisors
    • EGCS Supervisors


    If required, Idwal can put together a project ‘team’ to oversee various aspects of the docking, and rates
    for this can be negotiated on a case-by-case basis depending on project requirements.
    Below you can find a guide to Idwal tarriffs, which vary dependent on location.

    Download Dry Dock Brochure
    DryDocked
    Get in touch

    Want to discuss more? A member of the Idwal Customer Team will be more than happy to answer your questions or generate a proposal based on your specifications.

    Cargill
    1.StanderedChartered
    7.AM_Nomikos
    6.ICBC
    9.Maersk
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