Government Of Ajman News

30,000 dwt drydock in Ajman, United Arab Emirates. Said AHI's Chairman, Mr Obaid Ali Al Muhairi, "The opening of the Al Zora Drydock consolidates AHI's position as the premier medium-size shipyard in the Gulf. The demand for the drydock has been encouraging since it commenced operations in mid November 2000. To date, it has docked a total of seven vessels, the largest of which is M.V. Arabella, a 26,000 dwt bulk carrier from Seven Seas Maritime Limited, based in the U.K. Built within a year at an investment of DH. $20 million, the dock is equipped with modern facilities for enhanced operations and improved flexibility. Measuring 175 x 32 m, the drydock has an extra wide beam allowing it to accommodate a wider range of tonnage of up to 30,000 dwt.

Keppel Corp Ltd. unit Arab Heavy Industries (AHI) has started construction on its first drydock, valued at $19.1 million. "The number of ports in the Arabian Gulf is increasing and with AHI in the heart of United Arab Emirates, the business hub of the Middle East, this strategic investment will position our company as the premiere medium-sized yard in the region," Obaid Ali Al Muhairi, AHI's chairman said. AHI is a joint stock company of the government of Ajman, the Al Futtaim Group, the Keppel Group and other investors.