Oman-owned Dutch Megayacht Shipyard Set for Expansion

Times of Oman
Thursday, November 22, 2012

Oman's MB Holding Company, set to expand its newly aquired Oceanco. Rotterdam, shipyard facility.

MB Holding Company, one of the largest oilfield services firms in the Middle East, has acquired Oceanco, a specialist in building luxury superyachts since 2010, and plans its massive expansion, reports the Times of Oman.

The MB Group Chairman, Mohammed Al Barwani, pointed out to the Mayor of Rotterdam who was on a short visit to Oman, that some of the top businessmen in the world had bought superyachts from the shipyard, whose market tended to be to the Arab world, Asia, India, USA and Europe.

Oceanco currently employs about two-hundred workers, but it is intended to double that number, having in the past year sold five superyachts with a total value of between €750 to €800 million.

Source: Times of Oman

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

MOL, Mitsui Ink Charter Deal

Mitsui O.S.K. Lines, Ltd. signed a contract with Mitsui & Co., Ltd. today (January 29) to charter a new 177,000m3 liquefied natural gas (LNG) carrier. This

MHI Wins LNG Order

Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for two next-generation LNG (liquefied natural gas) carriers from Mitsui & Co., Ltd. The carriers

India Seeks Submarine Cooperation with Japan

The government of India has put forward a proposal of over Rs 50,000 crore ($6 billion) project to construct six stealth submarines in India. India is especially

Middle East

Directorate Changes at Fastnet

Fastnet, the UK and Irish listed E&P company focused on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, announces certain management

Russia – Turkey Gas Pipeline Approved

Ankara hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Turkish Minister of Energy and Natural Resources.

Libya Returns Fuel Tanker to Rival Government

Libya's recognized government has released a tanker forced to dock at a port under its control after originally banning it from delivering fuel to its rival administration,

 
 
Maritime Contracts Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Sonar
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: 0.1121 sec (9 req/sec)