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Dutch shipyard to build 14 terminal tugs for KOCDutch-based Damen Shipyards Group has launched the construction phase of 14 Damen ASD tugs for Kuwait Oil Company (KOC), with deliveries scheduled from 2014 onwards. The series consist of two types, being 9 tugs of Damen’s r More… |
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Drydocks delivers new self elevating platformDrydocks World, a leader in ship repair, conversion and new building announced, has delivered a self elevating platform to India-based Afcons Infrastructure. The platform was built at Drydocks World – Dubai shipyard. The self elevating pla More… |
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Asry 'playing key role in Bahrain's security'Arab Shipbuilding and Repair Yard (Asry) said it is playing a key role in the security of the kingdom with the fast-track construction of four accommodation barges for Bahrain's Coastguard. The company beat off intense competition from More… |
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Asry showcases expertise at Workboats expoThe Arab Shipbuilding and Repair Yard (Asry) showcased its experience and promoted its two 255-metre-long slipways at the 'Middle East Workboats 2011' exhibition held recently in Abu Dhabi. The expo is considered the most prominent More… |
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Greece approves Abu Dhabi’s offer for shipyardGreece has approved Abu Dhabi Mar's (ADM) offer for a 75 per cent stake in ThyssenKrupp-owned Hellenic Shipyards (HSY), the largest shipyard in the Mediterranean. 'The new joint scheme will be led by ADM which will h More… |
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Qatar mulls Poland shipyard buyPoland said Qatar was considering to buy the country's two troubled shipyards after an investor linked to Qatari investment bank QInvest failed to complete the politically sensitive acquisition. Poland's Treasury Ministry had announced ear More… |
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QInvest's Poland shipyards deal in doubtPoland said on Tuesday it had failed to receive payment for two loss-making shipyards by a midnight Monday deadline, potentially scuppering their sale. In July, Poland agreed to sell the Szczecin and Gdynia shipyards to an investor backed More… |
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Qatar bank buys Polish shipyardsThe Polish government named on Wednesday QInvest, Qatar's largest investment bank, as the buyer of two state-owned shipyards which had faced bankruptcy. The government held tenders in May in its search for an investor to save the Szcze More… |
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Daewoo inks $610m Qatar shipyard dealDaewoo Engineering & Construction has signed a contract worth QR2.2 billion ($610.6 million) with Qatar Petroleum (QP) to develop a shipyard in Qatar. In a filing with the Korea Exchange, Daewoo put the value of the order at 895.1 bill More… |
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Drydocks plans $300m marine centre in IndonesiaDrydocks World, a part of Dubai World, will open a Dh1.1 billion ($300 million) marine services centre on Batam Island, Indonesia, as part of the company's expansion plans in Southeast Asia, a report said. The project will be a joint v More… |
