Abu Dhabi Ship Building PJSC (ADSB) and Drydocks World signed a Memorandum of Understanding (MoU) on Monday to create an industrial entity to strengthen maritime projects in the UAE and across the GCC.
The MoU aims to enhance knowledge transfer and capabilities exchange between the two companies and is the basis for future cooperation agreements.
Dr. Khaled Al Mazrouei, Chief Executive Officer of ADSB and Dr. C.S Kim, President and Chief Operating Officer of Drydocks World, signed the agreement.
Commenting on the occasion, Al Mazrouei said: “This agreement is a testament of ADSB’s regional naval and commercial maritime expertise. We are excited to partner with Drydocks World. It will open new horizons for establishing cooperation between our two companies, and will support the national economy in maritime services. I am confident in the success of our new partnership offering best-in-class naval and commercial vessel maintenance services to the GCC and beyond”.
Dr. Kim noted: “Drydocks World is investing in quality management systems to improve efficacy of our navigational and maritime services that will shape the future of the industry, locally and internationally. Our strategy is to promote the value of quality and become and even more globally competitive company. Together with ADSB we will offer the best international quality for years to come”.
An F-16 fighter jet belonging to UAE is reportedly missing while taking part in operations against Iran-backed rebels in Yemen. The General Command of the Armed Forces today announced the loss of a fighter aircraft while participating in the Saudi-led Arab Coalition's Operation Restoring Hope in Yemen,
The UAE has signed a €316 million ($346 million) contract to purchase eight Piaggio P.1HH Hammerhead unmanned aerial vehicles
Abu Dhabi Ship Building (ADSB) signed an agreement with the Kuwait Ministry of Defense to build and supply landing crafts and high speed protection vessels worth over 260 million AED (US$ 70 million). A total of 8 vessels, of varying sizes and capabilities, will be designed and built by ADSB to handle the task of protecting Kuwaits territorial waters and maritime facilities from all threats, the company announced Sunday
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