Bahrain's ASRY Lays Foundation as Global Maritime Power
While small in stature at just 760 sq. km. with a population of 1.2 million, the Kingdom of Bahrain, an archipelago in the Persian Gulf just east of and connected by causeway to Saudi Arabia, seeks to grow its stature in the world marine market to become a global maritime and logistics center by 2030. The Arab Shipbuilding & Repair Yard Co. (ASRY), which is central to this success, last month celebrated several key milestones, including the anniversary of its 35th year in business and the opening of its new 1.38km Repair Quay Wall…
ASRY Invests $188m in Ship Repair Ops
As Bahrain’s Arab Shipbuilding & Repair Yard Co (ASRY) celebrates its 35th Anniversary, this week the company officially inaugurated and opened for business its new 1.38km Repair Quay Wall. The official inauguration of the new Repair Quay Wall is not just a significant event for ASRY but also for Bahrain’s fast growing maritime sector and economy, and is a strong signal of the yard’s intent to enter more vigorously the business in the offshore and rig outfitting niche. Since starting life in October1977 as the Middle East’s first shipyard designed specifically for the repair of Super Tankers…
Asry Pushing Ahead with Expansion
According to a September 20 report from Gulf Daily News, the Arab Shipbuilding and Repair Yard Company (Asry) is pushing ahead with its $188m planned expansion program. The focal point of Asry's latest expansion plans is its new 1.38km repair quay wall, which is being built by local company Nass Contracting under a $80m contract from the shipyard. (Source: Gulf Daily News)
