ARCHIRODON CONSTRUCTION (OVERSEAS) COMPANY S.A.
Archirodon Construction (Overseas) Company S.A. is a prominent international construction company, recognized for its extensive portfolio of large-scale civil, marine, and industrial projects. The company was established in 1959 by Constantinos Karapiperis and Stamatis Stambolis, initially starting its operations in the Middle East.
Key Areas of Operation:
Marine Construction:
- The company specializes in constructing harbors, ports, and marine terminals.
- It has expertise in dredging, reclamation, quay wall construction, breakwater construction, and underwater pipelines.
Civil Engineering:
- Archirodon undertakes infrastructural projects such as roads, bridges, highways, and railways.
- The company is also involved in building infrastructure including airports, commercial buildings, and public utilities.
Industrial Construction:
- The company has experience in constructing power plants, refineries, desalination plants, and oil & gas facilities.
- It plays a significant role in the construction of infrastructure necessary for processing and managing natural resources.
Geographic Reach:
- Middle East and North Africa (MENA) Region: A considerable amount of the company's work has been concentrated in countries like Saudi Arabia, Egypt, the United Arab Emirates, and Kuwait.
- International Markets: While the MENA region remains a core area, Archirodon's projects have expanded to other regions, including Africa, Europe, and South Asia.
Notable Projects:
- Port of Jebel Ali (Dubai, UAE): One of the largest man-made harbors in the world.
- Ras Tanura Refinery (Saudi Arabia): An important facility in the global oil and gas industry.
- El Ain El Sokhna Port (Egypt): A key maritime and logistical hub for the region.
Core Competencies:
- Engineering Excellence: The company is known for its technical proficiency and innovative solutions, which enable the execution of complex and large-scale projects.
- Advanced Equipment: Utilizing modern and often custom-engineered machinery to tackle specialized construction challenges.
- Sustainable Practices: Incorporation of sustainable development principles in their projects, ensuring minimal environmental impact and adherence to safety standards.
Organizational Structure:
- Archirodon is a privately held company.
- It boasts a multi-disciplinary team comprising engineers, project managers, and construction specialists.
- There’s a strong emphasis on safety, quality control, and efficiency in project execution.
Financial Performance:
- While specific financial details are generally not public, given its scale and the nature of its projects, Archirodon is considered financially robust with consistent revenue from ongoing and new projects worldwide.
In summary, Archirodon Construction (Overseas) Company S.A. has built a solid reputation over several decades for its capability in delivering high-quality, complex infrastructure projects across diverse geographical regions.
Ships
DELFINI I
High Speed Craft | Flag: Saint Vincent and The Grenadines | Port: Kingstown, St. Vincent
JAY ROBERTSON
Self Elevating Unit | Flag: Saint Vincent and The Grenadines | Port: Kingstown
Maritime News
Container Shipping Rates Plunge in Step with U.S. Demand for China Goods
Rates for shipping cargo containers from China to the U.S. have dropped by more than half since earlier this month, as imports rebounded less than expected after the slump that followed President Donald Trump slapping 145% tariffs on China.Trump quickly reversed course by lowering the rate to 30%. That cost increase on goods from the nation's No. 1 ocean trading partner remains significant, especially at a time when U.S. economic data is signaling weakness.Rates on the closely watched Shanghai-to-U.S.
Fincantieri Delivers Cruise Ship Viking Vesta
Viking Vesta, the second of a new series of cruise ships that Fincantieri is building for the shipowner Viking, was delivered today at the Ancona shipyard.The ceremony was attended by Torstein Hagen, Chairman and CEO of Viking, and Luigi Matarazzo, General Manager of the Merchant Ships Business Unit of Fincantieri.The vessel belongs to the segment of small cruise ships. With a gross tonnage of approximately 54,300 tons, Viking Vesta has 499 cabins and can accommodate 998 passengers on board. The vessel is the 14th ship delivered by Fincantieri to Viking, including the two expedition units built by the Norwegian subsidiary Vard.
Ships to the Scrapyard Could Double to 16,000 Vessels over Next Decade
“As the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention) enters into force we have updated our estimate for the ship recycling potential over the next 10 years. We now estimate the potential to be 16,000 ships, or 700m deadweight tonnes (DWT), from previously 15,000. The new estimate equals twice the number of ships, and nearly triple the DWT, recycled over the last 10 years and highlights the need for investments in compliant recycling facilities,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.
Trump Wants More Drones and Missiles, Fewer Ships
U.S. President Donald Trump wants a pay raise for troops, more high-tech missiles and drones in next year's defense budget, while cutting Navy jobs, and buying fewer ships and fighter jets to save money, according to budget materials posted Wednesday.At $892.6 billion, the defense and national security budget request is flat compared with this year.The budget, which also includes nuclear weapons-related activities carried out by the Department of Energy and increases funding for homeland security, puts Trump's mark on the military by pulling funds away from weaponry and services to fund his priorities.
First Russian-Built Ice-Class LNG Tanker to Enter Operations This Year
The first Russian-built ice-class tanker for liquefied natural gas is expected to go into operation in the second half of this year at the Arctic LNG 2 plant, Interfax news agency quoted tanker group Sovcomflot as saying on Wednesday.International sanctions over Ukraine have led to a shortage of tankers in Russia that can cut through thick ice, preventing Arctic LNG 2 from exporting cargo since the first stage of the plant started operation at the end of 2023.The tanker, named Alexey Kosygin after a Soviet statesman, was built at the Zvezda shipyard and is due to join the fleet of vessels for the Arctic LNG 2 plant.The tanker, already under U.S.