Drydocks World Office in Abu Dhabi
Drydocks World, a ship repair, conversion and new building yard, announced the establishment of its representative office in Abu Dhabi. Hamed Mohammed Bin Lahej, - Drydocks World Executive Vice Chairman and Regional CEO for the Middle East, Asia and Africa, inaugurated the office. He said, “The UAE capital offers great potential for our line of business. The office was inaugurated on the sidelines of the Middle East Workboats Exhibition that took place recently at the Abu Dhabi National Exhibition Centre…
Profits surge for Arabia's oldest marine yard
Jadaf Dubai, Arabian Gulf’s oldest ship repair and industrial marine yard has recorded a 35 per cent jump in revenues for the year 2005, compared to the corresponding period in 2004. The announcement comes close on the heels of a seven per cent increase in its ship lifting and repairing activities, owing to greater demand for its service and expertise. The yard’s two docks repaired and carried out maintenance of a total of 2347 ships during 2005, with 166 more ships being docked, undocked and re-docked as compared to the 2181 vessels it catered to during 2004.The excellent revenues were posted in part due to the increase in surcharge for berthing in-out and block arrangement, cleaning services, docking and undocking charges, wharfage charges and bank interest earned on monies.
