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FINANCIAL NEWS
Abu Dhabi Ship Building to lean more on MRO
27 Mar 2012
(MENAFN) Abu Dhabi Ship Building (ADSB) is increasing focus on maintenance, repairs and overhauling services (MRO), which has been one of the fastest-growing business divisions of the company, Emirates247 reported.
The announcement came at Doha International Maritime Defence Exhibition & Conference (DIMDEX).
The company also announced that the first and second vessels of the Baynunah Corvette Class Program will be delivered to the UAE Navy by the end of summer.
Each year ADSB handles some 300 repair and upgrade projects for vessels like tugs, barges, landing craft, dredgers, work boats, crew boats, diving vessels, supply and safety vessels and anchor handling tug boats.
The company also carries out daily maintenance and repair tasks for military clients in the UAE as well as foreign navies.
ADSB has fleet maintenance contracts with the UAE Navy, UAE Coast Guard and the recently established Critical National Infrastructure Authority.
It also has long-term fleet maintenance contracts with leading offshore fleet operators ESNAAD and IRSHAD. Other prominent clients include Boskalis, Van Oordz, Damen Marine Services, Al Seer Marine, Zakher Marine International, Khalid Faraj Shipping, NPCC, MARCAP and NMDC.
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