ASRY All in on Project Jupiter
Project Jupiter, an initiative to create a leading portfolio of Onsite Specialist Contractors, sees ABB, SOLAS, Seven Seas and more invest $3.7m at Bahrain-based ASRY in 2014, with more in the pipeline. ASRY has seen several global specialist contractors, including ABB, SOLAS, and Seven Seas increase their investment at the shipyard to provide more substantial services to ship and rig owners over the course of 2014. The moves are a part of Project Jupiter, an initiative launched to make ASRY the leader in Onsite Specialist Contractors in the Middle East…
ASRY Targets Navy Market
ASRY, the leading ship and rig repair yard in the Arabian Gulf, has launched a new department dedicated to military projects called the Navy Defence and Industrial Projects (NDIP) Department. The specialised team, headed by Anthony Haile, formerly of the UK Royal Navy is expanding ASRY’s strong experience in the defence sector to become one of ASRY’s primary differentiators from other regional yards. The new move is aiming at capturing approximately 60% of the regional Naval market, up from approximately 45% currently. ASRY Chief Executive explained, ‘Naval repair work requires a very specific skill set and unique standards, which we have built up over recent years.
