Vessels Construction

Industry, Logistics & Shipping

SAFEEN Drydocks secures $354m vessels construction deal

Thu, 04 Jun 2026

SAFEEN Drydocks, a shipbuilding, repair and maintenance company, has secured two major vessel construction contracts valued at AED1.3 billion ($354 million) in total, marking the largest awards secured by SAFEEN Drydocks to date and reinforcing the UAE’s growing position as a shipbuilding hub.