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
Strained Russia-Ukraine Relations Behind Delay In India's An-32 Upgrade: Report
China Launches Malaysian Navy's Second Keris-class Ship
Lockheed To Collaborate With 3 Indian Start-ups For Defense tech solutions
US Used New Electronic Warfare Weapon To Destroy Iranian Drone: Report
Design of Russian-made 'World's Fastest Helicopter' Ready
India To Give The Final Go-ahead To $1.7 Billion C-295 Transport Aircraft
China offers Two-seat Fighter Trainer FC-1B for International Sales
Two New Russian Ivan Gren-class Warships Likely To Be Helicopter Carriers
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...
Russian state-run Almaz-Antey has released additional data on its latest export-version of Buk-M3 Viking air defense missile system (ADMS)
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...
Russian fifth generation fighter aircraft (FGFA) Su-57 will for the first time perform flights during the ARMY 2018 event near...
The American-made Patriot and Russian S-400 Triumf air defense systems are currently hogging international orders despite their price tags running...