VSD Signs MOU with Zamil

Monday, July 11, 2011

VSD, LLC (VSD) has signed a Memorandum of Understanding (MOU) with The Zamil Group (Zamil) of Riyadh, Saudi Arabia to facilitate an international business relationship focused on establishing a National Maritime Training Center in the Kingdom of Saudi Arabia. The MOU was signed by Dr. Abdulrahman Al Zamil, chairman of The Zamil Group and Mr. Fred Stewart, director of international business development for VSD, LLC.

The two organizations have agreed to work cooperatively on a strategy to create new career fields and professional development in the maritime industry through the development of a joint venture aimed at building and implementing a National Maritime Training Center. Goals of this venture include offering the Royal Saudi Naval Forces additional training alternatives, expansion of Saudi Arabia’s national merchant commerce initiatives, supporting the Kingdom with additional capacity to repair and overhaul capital warships and merchant vessels, and most important, new job creation. VSD will provide program management and consulting services in support of Zamil’s business initiatives. “We are honored and thrilled to be working with Zamil on such a venture,” said VSD Managing Director Chuck Wythe. “With the Saudi Naval Expansion Project (SNEP II) imminent and the envisioned expansion of the commercial maritime industry in the Kingdom, VSD is proud to bring our expertise to the team and help to facilitate job creation in the Kingdom of Saudi Arabia. We couldn’t be more pleased to be working with such an important and visionary partner as Zamil Group.”

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

People & Company News

BIMCO Welcomes EU Decision on Migrants

BIMCO has stated today that it appreciates the new efforts by EU leaders to reduce increasing reliance on merchant shipping to rescue the growing numbers of

Long Beach, Los Angeles ports host forum to gather input

More than 100 cargo owners, trucking firm leaders, longshore labor, marine terminals and other goods movement industry representatives turned out Wednesday for

Arctic Nations to Fight Climate Change Despite Russia Tensions

The eight Arctic Council nations pledged on Friday to do more to combat climate change that is shrinking the vast frigid region, with countries trying to put

Contracts

Algoma Central Orders New Great Lakes Ships

Algoma Central Corporation announces $160 million investment in fleet expansion and fleet renewal   Algoma Central Corporation announced that it has acquired

Russia, France Close to Deal on Mistrals

Russia and France are close to reaching an agreement for Paris to cancel a frozen contract on the sale of Mistral helicopter carriers and reimburse Moscow, a Russian

Horizon's Hawaii Business Acquisition Cleared by DOJ

Horizon Lines, Inc. reported yesterday that, after a review by the Antitrust Division of the Department of Justice, Horizon's proposed sales transaction with The

 
 
Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction 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: 0.1873 sec (5 req/sec)