Digitalisation can be achieved fast without too much legacy : we learn from IMI ' s Emad AlHumam about the Smart Shipyard of the future
IMI
Digitalisation can be achieved fast without too much legacy : we learn from IMI ' s Emad AlHumam about the Smart Shipyard of the future
IMI ' s Ras Al-Khair site will become the region ' s largest shipyard when it reaches its full production . The construction work has been fasttracked since its launch in 2017 . The yard is spread at a five square kilometre area at Ras Al-Khair on the east coast of Saudi Arabia . It ' s a massive $ 5bn investment for the country , but the revenues it ' s expected to generate in the near term make it a sound one .
The success of IMI ' s shipyard , the anchor project at King Salman Complex for Maritime Industries and Services , is built on the collaboration of well-known leaders in the industry who have a proven track record . In addition to Saudi Aramco at 40 % ownership , Hyundai Heavy Industries , Lamprell , and Bahri each have a 20 % stake . Each one of these partners was strategically selected to add an area of strength to the maritime yard . This is done by leveraging the know-how of Hyundai and Lamprell , as well as , the initial offtake support from Saudi Aramco and Bahri , guaranteeing 20 offshore rigs and 52 vessels over the next ten years .
Combined , these strategically selected partners and governmental support will contribute to the overall success of the maritime yard . IMI was officially registered in Saudi Arabia as a limited liability company ( LLC ) in December of 2017 .
The key enablers to ensure the success of the King Salman Maritime Complex and the shipping industry in the kingdom have
28 April 2022