Dubai Drydocks Invests in Shipbuilding

Monday, June 26, 2006
Shipbuilding has emerged as the second most important business for Dubai Drydocks, the region's leading ship repair facility, according to a report in Gulf News. Dubai Drydocks has invested $60 million in its shipbuilding infrastructure designed to open a new stream of revenues. Expansion in a new phase will cost another $10-$15 million. In 2005, ship repairs accounted for 70 percent of turnover, followed by the ship conversion and newbuild businesses in equal parts. Eventually, a 50/50 split is the goal. The new shipbuilding facility's capacity will rise to 4,500 tonnes of steel per month by early 2008 from the current throughput of 3,000 tons per month. (Source: Gulf News)
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Ingram Barge Order 20 Tank Barges for 2015

Ingram Barge Company say they will be building 20 tank barges in 2015 to meet growing demand for chemical shipments. While most of the company’s recent tank barges have come through acquisitions,

ClassNK Issues New Rules for Inland Waterway Ships

Leading classification society ClassNK has released new technical rules and guidance for the survey and construction of inland waterway ships. As a result

Steel Cut for Third RCI Quantum-class Cruise Ship

The steel cutting for 'Ovation of the Seas', scheduled to be delivered in the autumn of 2016, took place at the Meyer Werft shipyard in Papenburg, Germany, where 'Quantum of the Seas',

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1078 sec (9 req/sec)