A rebound in South Africa’s ship repair industry combined with recent oil and gas discoveries offshore Africa are bringing in welcome business. As South Africa is located on one of the world’s major shipping routes, Southey Holdings is in a position to take advantage of growing opportunities and use its marine division to gain major contracts in repairs after salvage, vessel modifications, grounding damage and scheduled dry-docking repairs.
OIL & GAS
Recent, unprecedented changes in the locations of oil and gas fields around the world have forced industry-related companies to more closely analyse their financial risk and reward and minimise vessels’ berthing time, yet maintain operational efficiencies with minimal risk. Therefore, only the most highly reputable companies gain contracts in this industry. Southey Holdings’ companies, with their large networks of influence and strategic relationships, are ideally placed to deliver and maintain a high standard of excellence in the oil & gas industry.