Drydocks World, a global player in ship repair, conversion and new building, has signed an alliance agreement with Exmar Shipmanagement, a provider of high-end ship management services.

Exmar Shipmanagement is expected to consider Drydocks World as preferred yard for all its ship repair and maintenance needs in the Middle East region.  It would translate into an increased volume of business and further enhance co-operation over the near to medium term.

Drydocks World has received 13 vessel repair orders from Exmar Shipmanagement, primarily gas carriers – both Liquefied Petroleum Gas (LPG) and Liquefied Natural Gas (LNG) since 1998.

The number of vessels catered to has increased over the years, and the shipyard is expecting more orders in 2012 due to the renewed partnership based on the alliance agreement.

The shipyard’s afloat repair division has also addressed several repair needs of the LNG carriers. Exmar Shipmanagement manages 30 vessels, mostly gas carriers. – TradeArabia News Service