Safeen Drydocks, an Abu Dhabi-based shipbuilding, repair and maintenance company, has secured two vessel construction contracts valued at AED1.3 billion ($354 million). This is the largest award ...

DUBAI (Reuters) - DP World , one of the world's largest port operators, has agreed to buy two fellow state-owned maritime companies from its parent for $405 million. DP World will acquire Dubai ...

Contracts support UAE's aim to become a regional hub for maritime manufacturing ...

My Alerts is a service for subscribers. Please login or subscribe in order to use My Alerts. Drydocks World in the United Arab Emirates is being bought by compatriot DP World in a cash deal set to ...

Established in 1983 and integrated into DP World in 2018, Drydocks World specializes in ship and rig repair, maintenance, conversion, and fabrication services for the shipping, oil & gas, and ...

Drydocks World, a Dubai-based ship-building and repair firm, has received the official go-ahead from creditors on its $2.2bn debt proposal, taking it a step closer to concluding the restructuring ...

Korean shipper HMM has completed plans to repair one of its vessels that was attacked in the Strait of Hormuz early this ...

Dubai World’s shipbuilding unit is to test a form of insolvency protection developed after Dubai’s 2009 debt crisis, using a special tribunal to force recalcitrant creditors to sign up to its $2.2bn ...