This includes an agreement with India-based JM Baxi to create a green ship recycling facilities by repurposing parts and minimising waste
shipbuilding
EDGE forms JV with CMN NAVAL to create naval shipyard in Abu Dhabi
Existing non-NATO commercial orders worth $7.6bn to be transferred to the new joint venture, to be called AD NAVAL
Al Seer Marine adds future-ready Tabit and Rigel MR tankers to its fleet
Tabit has secured $46.3mn time charter with HMM Company Ltd; Rigel will be delivered to Global Horizon Shipping for $42.8mn time charter
Abu Dhabi’s Al Seer Marine expands its fleet with 2 modern MR tankers
The delivery of these final vessels is expected to further enhance Al Seer Marine’s commercial revenues
UAE’s Dune to expand into commercial shipbuilding market
The Abu Dhabi-based JV between Al Seer Marine and Damen International hoping to build 26 new vessels next year
ADNOC L&S awards contracts for world’s largest ethane ammonia carriers
Jiangnan Shipyard to build up to 13 new vessels, including nine Very Large Ethane Carriers, with delivery from 2025 for a total value of $1.9 billion
Abu Dhabi’s Privinvest seeks compensation from Mozambique over hidden debts
Privinvest and its subsidiaries were the only suppliers for $2 billion of maritime projects for which Mozambique raised loans in 2013 and 2014
UAE’s ADSB delivers two ships for the Kuwaiti navy
Abu Dhabi Ship Building Company says it has launched two new 64-metre landing ships