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

Shipbuilding

Naming Ceremony of Evergreen's EVER LYRIC

Evergreen Group today held the naming ceremony for EVER LYRIC, the eighth of its L-type vessels built by CSBC Corporation in Taiwan. The ceremony took place

Seaspan Takes Delivery of New Containership

Seaspan Corporation (SSW) has accepted delivery of a 14000 TEU containership, the YM Wellhead.    The new containership, which was constructed at Hyundai Heavy Industries Co.

'Make in India’ - the Newbuzzword in Indian Shipping Sector

The Prime Minister Narendra Modi's  'Make in India’ initiative offers a plethora of opportunities in the maritime sector, particularly in shipbuilding, with the

Middle East

Tanker Lifts One Million Barrels of Crude at Hariga

A tanker left Libya's eastern oil port of Hariga after lifting one million barrels of crude, an oil official said on Thursday. No new tanker was expected in the next few days,

Cargo Ships Stuck off Yemen as Fighting Worsens Food Security

At least five merchant vessels carrying food are stuck off Yemen as warships from a Saudi-led coalition search them for weapons bound for Iran-allied Houthi rebel forces,

Intermarine Opens Istanbul Office

Intermarine, LLC, a transporter of project, breakbulk and heavy lift cargo, has established a physical presence in Turkey with the opening of an office in Istanbul.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Sonar
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: 0.2941 sec (3 req/sec)