Saturday 24 September 2016
 
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shipbuilding

Saudi to build shipbuilding complex

Saudi Arabia will build a maritime complex on its east coast, with shipbuilding capability, to support oil exports, a report said. The kingdom also will have a shipping fleet that will match its oil capabilities, Energy Minister K

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Saudi to build shipbuilding complex

Saudi Arabia will build a maritime complex on its east coast, with shipbuilding capability, to support oil exports, a report said. The kingdom also will have a shipping fleet that will match its oil capabilities, Energy Minister K

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Asry posts $151m sales in 2015

Bahrain-based Asry, the leading ship and rig repair yard in the Arabian Gulf, posted sales of $151 million for 2015, 7.3 per cent lower than in 2014 at $163 million, reported the Gulf Daily News, our sister publication. T

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Asry posts $151m sales in 2015

Bahrain-based Asry, the leading ship and rig repair yard in the Arabian Gulf, posted sales of $151 million for 2015, 7.3 per cent lower than in 2014 at $163 million, reported the Gulf Daily News, our sister publication. T

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Iran, South Korea in shipbuilding JV

Iran has finalised a deal with South Korea to launch a joint shipbuilding venture between the two countries, a report said. Iran has a sprawling shipbuilding industry, chiefly devoted to constructing oil tankers and container ship

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Grandweld signs new ship building contracts

Dubai-headquartered Grandweld Shipyards, a fully integrated shipyard providing shipbuilding, ship repair and engineering solutions, has signed four new contracts to design, build and deliver four 42 m crew boats for Global Marine.

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Asry’s $33m repair deal with KOTC on track

The chairman of Arab Shipbuilding and Repair Yard (Asry) visited the first ship being repaired under a $33 million agreement signed between the shipyard and Kuwait Oil Tanker Company (KOTC) to repair 19 vessels, a report said. &ld

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Topaz plans to raise $550m loan to fund expansion

Dubai-based Topaz Energy and Marine plans to raise $550 million in debt from banks in early 2015 to lower its borrowing costs and fund potential expansion at a time when the oil services market is softening, its chief executive said.

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Topaz plans to raise $550m loan to fund expansion

Dubai-based Topaz Energy and Marine plans to raise $550 million in debt from banks in early 2015 to lower its borrowing costs and fund potential expansion at a time when the oil services market is softening, its chief executive said.

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Major Asry project boosts investment

Bahrain's Arab Shipbuilding and Repair Yard (Asry) said a major initiative to boost in-yard technical resources has seen several global contractors invest in the company. Asry chief executive Nils Kristian Berge said "Pro

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