Marine Link
Saturday, October 1, 2016

Nico Intl. Acquires TEAM

December 10, 2004

Dubai-based Nico International, the ship repair division of Topaz Energy and Marine SOAG (TEAM), has acquired the Industrial and Marine Engineering Divisions of Fujairah Marine Services & Trading Co LLC (FMS). The acquisition is the first step in a strategic alliance which will link the two companies and which will seek Nico’s current Port of Fujairah capabilities quadruple in size. To date, Nico International has been operating out of Dubai with a diving base in the Port of Fujairah.


Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

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