About IMI
Located at Ras Al-Khair on the eastern seaboard, IMI will be the largest maritime facility in the region and globally unique in terms of its product mix across multiple market segments.
IMI offers New Build and Maintenance, Repair and Overhaul (MRO) for:
- Commercial vessels, including VLCC’s, Bulk Carriers and Offshore Support Vessels (OSVs)
- Offshore Jackup rigs
The scale of IMI ensures customers will have all their maritime needs met in one facility, on time, and to specification.
- The largest combined drydock area in MENA
- The largest ship lift in the world
- The largest combined lift capability over a drydock globally of 2,150 tons
- The region’s largest quayside of 9,000 meters
- The region’s largest total combined land area of 11.4million sqm
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JV PARTNERS STORY
Four industry leaders have come together to build a world-class maritime facility offering quality, efficiency, and economies-of-scale. Each partner has brought hands-on experience as either a customer or operator to ensure IMI redefines the maritime industry with its integrated facility and contained localized supply chain ecosystem.
Saudi Aramco is the state-owned oil company of the Kingdom of Saudi Arabia and a fully integrated, global petroleum and chemicals enterprise. Over the past 80 years Saudi Aramco has become a world leader in hydrocarbons exploration, production, refining, distribution, and marketing. Saudi Aramco’s oil and gas production infrastructure leads the industry in scale of production, operational reliability, and technical advances. Their plants and the people who run them make Saudi Aramco the world’s largest crude oil exporter, producing roughly one in every eight barrels of the world’s oil supply. View Website
Lamprell, based in the United Arab Emirates (“UAE”) and with over 40 years’ experience, is a leading provider of fabrication, engineering and contracting services to the offshore and onshore oil & gas and renewable energy industries. Lamprell has an international reputation for building complex offshore and onshore process modules as well as fixed platforms and topsides and holds leading market positions in the fabrication of shallow water drilling jackup rigs, multipurpose liftboats, land rigs, and rig re-furbishment projects. Lamprell employs approximately 9,000 people across multiple facilities, has project focused and experienced execution teams with over 300 multi- disciplinary engineers and a specialist commissioning department. Lamprell is listed on the London Stock Exchange (symbol “LAM”). View Website
The National Shipping Company of Saudi Arabia (Bahri) was established in 1978 and is one of the largest providers of maritime services Globally. The company and its subsidiaries purchase, charter and operate vessels for the transportation of crude oil, chemicals, dry bulk, and general cargo. Bahri owns and operates a fleet of double hull very large crude carriers (VLCCs), chemical carriers, dry bulkers, and multipurpose Ro-Ro vessels. The company presently owns 36 VLCCs, including one VLCC designated as floating storage unit, 4 MRs and 1 Aframax, 26 chemical carriers, 5 product tankers, 5 dry-bulk tankers, 6 general cargo ships and additional 10 new-building VLCCs will join the fleet during 2017/2018. The company has also diversified into ship management, gas & marine services, freight forwarding and manages its own container service yard. View Website
Hyundai Heavy Industries Co., Ltd. (HHI) is the world’s largest shipbuilding company headquartered in Ulsan, South Korea with Hyundai Mipo Dockyard and Hyundai Samho Heavy Ind. Co., Ltd. as subsidiary yards and delivered more than 2,800 ships in 100 million gross tonnage. HHI’s involvement in offshore structures began with a Saudi Arabian order for 89 jackets and deck structures for the Open Sea Tanker Terminal for the Jubail Industrial Harbor Projects in 1976.The Engine & Machinery Division is the world’s largest marine diesel engine builder with approximately 35% global market share. Hyundai Shipbuilding Division, the world’s number one shipbuilder, leads the global shipbuilding industry with a 15% share of the market. HHI employs approximately 26,000 people and is listed on the South Korean Stock Exchange. View Website
EXECUTIVE TEAM
Fathi K. Al-Saleem Chief Executive Officer
As Chief Executive Officer, Fahti K. Al-Saleem sets International Maritime Industries global strategic direction to facilitate business growth by positioning the company as the global leader in maritime
industry and services offering customers
the combined operational expertise
of the JV partners.
With more than 23 years’ experience at Saudi Aramco, Al-Saleem brings his expertise at leading high performing teams to IMI.
Feras M. Al-Sahan Chief Financial Officer
With more than 19 years of extensive experience in different business fields in more than one company. Al-Sahan began his career in 2000 in the banking sector as an International Shares Dealer. Shortly after that, he joined Saudi Aramco in 2001 as an Internal Auditor assigned to international operations audits including affiliated and joint venture companies, downstream development activities, as well as sales, marketing and logistics functions. Over the years of service in Saudi Aramco, he held positions of growing responsibilities in different organizations including Corporate Planning and Controllers. Since 2015, he occupied the position of the Chief Financial Officer of two R&T wholly-owned subsidiaries of Saudi Aramco (upstream & downstream).
George Gourlay Chief Operating Officer
Jackup Rig New Build and MRO
With over 22 years of experience in the oil & gas sector, George Gourlay brings his experience in technical expertise, track record of maximizing performance and creating business solutions to
IMI as the Chief Operating Officer for
Zone A, MRO for vessels and rigs, and
Zone D new jackup rig build.
Jonghoon Lee Chief Operating Officer
Vessel New Build
With 25 year’s of experience in shipbuilding engineering and production, Lee brings to IMI extensive experience in the full lifecycle of commercial vessels ranging from bulk tankers and drillships to VLCCs. As Chief Operating Officer for Shipbuilding at IMI, Lee oversees two zones within the expansive IMI maritime facility.
Zone B, Offshore Support Vessel new build.
Zone C, new shipbuilding and the largest zone in terms of square meters.
Taher Al-Dabbagh Senior Vice President Corporate Services
With responsibility for IMI’s Corporate Services (Human Resources, Training & Development, Information Technology, Health Safety Environment & Quality Management, Facilities Management, and Industrial Security and Fire).Al-Dabbagh’s successful track records managing Commercial & Sales functions for globally recognized brands (Unilever, Microsoft, Mobily, and Landmark Group) supports IMI’s customer-centric culture and commitment to creating new career choices and opportunities for Saudi youth.
Julian Panter Vice President Business Development
Panter is responsible for supporting the strategic direction of IMI by ensuring IMI works with key international partners in the global rig and ship building & MRO market. His team is responsible for building strong relationships with clients from the bid process, through the build, and then continuous build servicing.
CREATING A NEW INDUSTRY
In December 2016, The Custodian of the Two Holy Mosques, King Salman ibn ‘Abd Al-‘Aziz Al Sa’ud, laid the cornerstone for the King Salman International Complex for Maritime Industries and Services. As anchor project of the King Salman International Complex for Industries and Services, International Maritime Industries (IMI) is an economic and employment catalyst for growth contributing to Saudi Vision 2030 by creating a new key industry beyond petrochemicals for the Kingdom.
Create a new export base for the Kingdom.
Potentially generate more than 80,000 direct and indirect jobs by 2030.
Contribute more than US $17 billion to the Kingdom’s GDP.
Position the Kingdom as a technology hub for maritime engineering and construction expertise.
Create of a new supply chain ecosystem around the yard leading to increased investment in the Kingdom.