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Abu Dhabi Ship Building wins $125m deal

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Monday, 23 February 2009
SAILING THROUGH: 16-metre vessels will be designed by Turkey's Yonca-Onuk & co-produced by International Golden Group of Abu Dhabi.(Getty Images - for illustrative purposes only)
SAILING THROUGH: 16-metre vessels will be designed by Turkey's Yonca-Onuk & co-produced by International Golden Group of Abu Dhabi.(Getty Images - for illustrative purposes only)

Abu Dhabi Ship Building said on Monday it won a 460m dirhams ($125.2m) contract to supply 34 interceptor vessels to an Abu Dhabi security body.

The 16-metre vessels will be designed by Turkey's Yonca-Onuk and co-produced by International Golden Group of Abu Dhabi.

"The first vessel will be delivered after 12 months," William Saltzer, CEO of Abu Dhabi Ship Building told reporters after the agreement was signed at a defence fair. (Reuters)

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