ADSB To Start Navy Contract

Monday, March 26, 2001
Abu Dhabi Ship Building Company (ADSB) is preparing to start work on building six missile patrol boats ordered by the United Arab Emirates navy. William Saltzer, marketing and contracts manager at ADSB, said the firm expects to start work on the first vessel as soon as the contract was signed, which he said was expected before the end of the year. "We'll start as soon as the contract is signed. The intention is to sign before the end of this year," Saltzer said. "We are working together with the UAE navy to finalize the contract details and conducting planning activities," he added. A UAE military spokesman on Thursday announced that the UAE has awarded ADSB a contract to build six missile patrol boats for its navy. The official said the missile boats would be built in the company's yards in Abu Dhabi and that weapons systems for the vessels would be chosen later. He declined to give the value of the deal but industry officials estimated that six boats complete with equipment can cost more than $400 million. ADSB said the project, known as UAE Navy Project Baynunah, involves the design and construction of the vessels. France's Constructions Mecaniques de Normandie (CMN) will provide the design, technology and other services to ADSB for the project, it added. Saltzer said it would take about three years to deliver the first vessel, partly because of lead-time needed to integrate equipment on the vessel. He said the company would be able to deliver one vessel every six months after the first boat was completed. ADSB has said it was investing $50 million to quadruple the size and capabilities of its ship building facilities at Abu Dhabi's Musaffah industrial zone to enable it to support building of a number of vessels simultaneously. The company said it began the expansion work in April last year, long before the contract was awarded. ADSB was set up in 1995 as a joint venture between Newport News Shipbuilding of the United States, the Abu Dhabi government and private UAE investors. France's CMN is in the process of acquiring a 10 percent stake of Newport News Shipbuilding's share in ADSB. - (Reuters)
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Duke Energy to Help Develop Jeffersonville Port Site

Duke Energy Indiana has selected a 140-acre parcel of land inside the Port of Indiana-Jeffersonville in Clark County for the utility's 2015 Site Readiness Program.

UNOLS Seeks Nominations for Council Positions

The University-National Oceanographic Laboratory System (UNOLS) is an organization of academic oceanographic institutions working in cooperation with agencies of the U.

Savannah Harbor Expansion Project Update

Lt. Gen. Thomas Bostick, commander of the U.S. Army Corps of Engineers, visited the Port of Savannah on Thursday, for an update on the Savannah Harbor Expansion Project (SHEP).

Navy

Maritime Disputes Test China's Peaceful Rise

The South China Sea has become the most important testing ground for the changing economic, political and military relationship between China and the United States.

U.S.: Stronger Response in South China Sea Needed

By releasing video of Beijing's island reclamation work and considering more assertive maritime actions, the United States is signaling a tougher stance over the

John Warner Successfully Completes Initial Sea Trials

A Virginia-class attack submarine named after former U.S. Sen. John Warner has successfully completed an initial round of sea trials,  reports UPI.   The U.S.

 
 
Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Repair Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1303 sec (8 req/sec)