Dubai-based Abraaj Group said Stanford Marine Group has postponed a planned London listing as its majority owner Abraaj Group searches for potential buyers for the Dubai-based business, Bloomberg reported citing two people with knowledge of the
Dubai-based Stanford Marine, a leading marine business, has completed its newbuild programme and delivery of its 10th high-spec offshore support vessel, resulting in the fleet value increasing by $200 million.
The completion of the program
Gulf Marine Maintenance and Offshore Service Company (GMMOS), a leading UAE-based provider of marine services to the offshore oil & gas industry, has issued a $60m convertible loan to fund further expansion of its offshore marine business Stan
Oil & Gas marine offshore services specialist Stanford Marine has launched ‘M.V.Stanford Swan.
The state-of-the-art, fast supply vessel FSV/Crew boat was unveiled at Port Rashid, Dubai, as part of the company’s ongoing fleet enhancemen