Officials at the signing
New entity to strengthen maritime projects in UAE, GCC
ABU DHABI, January 11, 2016
Abu Dhabi Ship Building (ADSB), a leading provider of construction, repair and refit services for naval, military and commercial vessels, and Drydocks World, an international service provider to the shipping, offshore, oil, gas and energy sector, has signed a deal to create an industrial entity to strengthen maritime projects in the UAE and across the GCC.
Under the memorandum of understanding (MoU), ADSB and Drydocks World will work together to achieve strategic growth in the UAE maritime sector.
Dr Khaled Al Mazrouei, chief executive officer of ADSB and Dr C S Kim, president and chief operating officer of Drydocks World, signed the agreement to establish a strategic partnership to support the local maritime services and industries.
The MoU aims to enhance knowledge transfer and capabilities exchange between the two companies and is the basis for future cooperation agreements.
“This agreement is a testament of ADSB’s regional naval and commercial maritime expertise. We are excited to partner with Drydocks World. It will open new horizons for establishing co-operation between our two companies, and will support the national economy in maritime services," said Dr Al Mazrouei.
"I am confident in the success of our new partnership offering best-in-class naval and commercial vessel maintenance services to the GCC and beyond,” he said.
“Drydocks World is investing in quality management systems to improve efficacy of our navigational and maritime services that will shape the future of the industry, locally and internationally," Dr Kim.
"Our strategy is to promote the value of quality and become and even more globally competitive company. Together with ADSB we will offer the best international quality for years to come,” he added. - TradeArabia News Service
