Kazmortransflot expands its fleet
On July 4 of the current year in Astana, solemn ceremony of signing the Agreement on attraction of borrowed funds on the principles of Islamic banking between LLP "NMSK" Kazmortransflot ", shipbuilding company" Damen "(Kingdom of the Netherlands) and the bank JSC" Islamic Bank "Al Hilal" for the construction of 3 new Tugs of the project "Damen Shoalbuster 2709".
Three new tugboats will be built at the shipyard by the shipbuilding company Damen in the period from 2017 to 2018, commissioned by KMTF. Damen is a first-class European shipyard with a rich history and experience in building ships.
Tugs will perform the following functions: towing objects and vessels, assisting ships, navigational assistance, planting and handling of anchors, as well as other auxiliary ship duties.
The length of each tug will be 27 meters, width 9 meters. Draft of tugboats will allow working in shallow areas of the Caspian Sea.
Tugs will be used for work in the Northern Caspian. The peculiarity of these tugboats is the increased demand for capacity at limited depths in the area of work and the limited dimensions of the vessel.
Kazmortransflot expands its capabilities in providing the national fleet with its own powerful tugboats. These tugboats will be in demand in arrangement of future deposits in the Kazakhstan sector of the Caspian Sea.
LLP "NMSK" Kazmortransflot "
Limited Liability Partnership "National Maritime Shipping Company" Kazmortransflot "is a shipping company with a modern fleet of tankers and vessels supporting offshore operations, one of the leaders in the Caspian region for transportation. The only participant of LLP "NMSK" Kazmortransflot "is JSC" National Company "KazMunayGas". The main objective of LLP "NMSK" Kazmortransflot "is the development of the national merchant marine fleet of the Republic of Kazakhstan and the organization of international shipping of domestic cargo by own forces.
The Islamic Bank Al Hilal, the first Islamic bank in Kazakhstan and the CIS, established by agreement between the Governments of the Republic of Kazakhstan and the UAE in 2010, is the subsidiary bank of one of the fastest growing and progressive Islamic banks in the UAE with 100% state participation.
Banking group Al Hilal has a high credit rating of A + from Fitch Ratings and A1 from Moody's, which characterizes it as a bank with reliable asset quality and strong financial performance.
As the flagship of Islamic banking in Kazakhstan, Al Hilal Bank sets out to deliver the values and benefits of Islamic financial instruments and establish high standards of Islamic banking, making it understandable and simple.
Shipbuilding company "Damen" is an international group of companies represented by 39 shipyards and numerous partner plants around the world. The product range includes tugs and working boats, offshore vessels, warships and patrol vessels, yachts, cargo ships, dredging vessels, pontoons and barges, trawlers, ferries, coastal and river trams.