Middle East Shipbuilder's Revenue Up

ADSB
Monday, March 05, 2012

Revenues up, net profit down reports Abu Dhabi Ship Building

Abu Dhabi Ship Building (ADSB) has announced that its contract revenue jumped by more than Dh200 million (US$54.4m) last year to Dh1.3 billion but said its profit had slipped.

The yard is constructing its remaining 72 m Bayunah-class corvette of six  for the UAE Navy, and is hopeful of orders from foreign navies.

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

Shipbuilding

Tuco Reveals New Naval Interceptor Vessel Design

Following last week’s Seawork exhibition on workboats and small military and security vessels, Tuco Marine of Denmark reveals its newest vessel in the ProZero line.

Austal Starts Next US Littoral Combat Ship

Austal and the U.S. Navy held a keel-laying ceremony today for the future USS Manchester (LCS 14), marking the first significant milestone in its construction.

Conference to Delve into Hybrid Power & Propulsion

The first international Hybrid Marine Power & Propulsion Conference will be held at the RNLI Lifeboat College, Poole UK from October 6-8, 2015.   Shock Mitigation

Middle East

Global LNG Prices Hold, Supported by Middle East Demand

Asian liquefied natural gas (LNG) spot prices for August delivery were firm on Friday, underpinned by steady demand from the Middle East and the potential for stronger

UASC Exempted from Controlled Carrier Rules

The U.S. Federal Maritime Commission (FMC) voted unanimously to grant the Qatar-controlled United Arab Shipping Co. (UASC) exemption from its controlled carrier

Bahrain: ASRY Moves into New Vessel Construction

One of the world's premiere ship repair facilities, ASRY based in Bahrain, unveils its move into new vessel construction. ASRY signed an agreement with the Bahrain

 
 
Maritime Careers / Shipboard Positions Maritime Security Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators 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: 0.1060 sec (9 req/sec)