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Repair Yard Company News

19 Nov 2023

ASRY Organizes Third Raft Race Competition

Source: ASRY

The Arab Shipbuilding and Repair Yard Company (ASRY) held its third annual Raft Race Competition on the ASRY Beach on Saturday, November 18, 2023.More than a hundred contestants from the company’s employees and subcontractors participated. In addition, SULB Bahrain took part in this year’s competition as a new member, with the participation of two teams.This sporting event, which aims to enhance social bonds, witnessed a wide audience, attended by water sports fans who showed their utmost support and encouragement for their favorite team.

13 Mar 2021

Tech File: ASRY Moving to Infor's Cloud-based Digital Transformation Platform

His Excellency Shaikh Mohammed bin Khalifa AlKhalifa, the Minister of Oil, welcomed a number of representatives of the executive management of  ASRY and Infor at the National Oil and Gas Authority (NOGA) headquarters, prior to the official ceremony of contract signing between the two parties where, ASRY signed a contract with Infor, a New York-headquartered multi-national enterprise software firm, to implement a new facility-wide Enterprise Resource Planning (ERP) system. Photo: ASRY

The Arab Shipbuilding and Repair Yard Company (ASRY) aims to streamline business processes and boost transparency with Infor CloudSuite Industrial Enterprise on Amazon Web Services (AWS) cloud.His Excellency Shaikh Mohammed bin Khalifa AlKhalifa, the Minister of Oil, welcomed a number of representatives of the executive management of  ASRY and Infor at the National Oil and Gas Authority (NOGA) headquarters, prior to the official ceremony of contract signing between the two parties where…

26 Jul 2012

Fire-damaged Tankship 'Stolt Valor' to be Scrapped

Arab Shipbuilding and Repair Yard Company (Asry) CEO says repair of the tankship was found not to be viable Arab Shipbuilding and Repair Yard Company (Asry) chief executive Chris Potter told 'Gulf Daily News', "It was felt that the cost of repair would be much more than the cost of the vessel." He said the vessel could be broken apart in Bahrain and then taken away. "We could also have ship-breaking experts coming to Bahrain to examine the vessel and decide on breaking it up." The tanker, which suffered an explosion after a fire in March, had at one point threatened Bahrain's coastline. It arrived in Asry last month in convoy with the help of three large tugs. The cause of the original explosion is still unknown.

16 Jul 2012

Stolt Valor Salvage Ops Progress in Bahrain

(L to R) Capt. Abdulhusain Abdulla, Head of Maritime Safety & Environment Protection, GOP; Brigadier Ala a Syadi, Commander of Bahrain Coast Guard; Hassan Al Majed , Director General, GOP; Dr Adel Al Zayani                     Director General, Environment ; Capt. Hesham A.Rahman, Head of Technical Affairs, GOP; and Colonel Yusif Al Subai, Bahrain Coast Guard.

As the Kingdom of Bahrain gears up to host the 2012 World Maritime Day Parallel Event in October under the theme “IMO: 100 years after the Titanic”, maritime safety and protection of the environment has always been the top priority for the General Organisation of Sea Ports (GOP) in the on-going operations on the damaged Liberian ship Stolt Valor. As the regulator of Bahrain’s maritime affairs and the responsible body for ensuring maritime safety, GOP’s team of maritime experts is liaising with the Arab Ship Building and Repair Yard Company (ASRY)…

16 Jul 2012

'Stolt Valor' Evaluation on Track at ASRY

The chemical tanker, Stolt Valor, which caught fire on March 15, 2012, north of Bahrain, was  docked at ASRY after Bahrain agreed to accept the ship into its territorial waters. Maritime experts from General Organisation of Sea Ports (GOP) are liaising with the Arab Ship Building and Repair Yard Company (Asry), which is overseeing the operation to determine the salvage process of the damaged Liberian ship Stolt Valor with its owners. Technical findings following the evaluation of the tanker's condition are expected by the end of the week, reports 'Gulf Daily News'. "The evaluation of the vessel is continuing as planned and will be done to the highest international standards.

14 Oct 2010

Asry Income Tops $106m

According to a report on www.gulf-daily-news.com, the Arab Shipbuilding and Repair Yard Company (Asry) achieved a net operating income of $106.4 million in the first nine months of the year. The number of vessels repaired during this period reached 147. (Source: www.gulf-daily-news.com)

21 Sep 2010

Asry Pushing Ahead with Expansion

According to a September 20 report from Gulf Daily News, the Arab Shipbuilding and Repair Yard Company (Asry) is pushing ahead with its $188m planned expansion program. The focal point of Asry's latest expansion plans is its new 1.38km repair quay wall, which is being built by local company Nass Contracting under a $80m contract from the shipyard. (Source: Gulf Daily News)

08 Oct 2007

Asry Completes Albzoom Refurbishment

The Arab Shipbuilding and Repair Yard Company (Asry) has announced the successful completion of extensive refurbishment work on an oil-rig owned by an Abu-Dhabi based firm. The rig - named Albzoom - was renewed at an estimated cost of $19m by a qualified team of workmen and engineers specially assigned to the task, according to an Asry spokesman. He said the work required very specific expertise and expensive equipment and that the owners of the rig had commented on the quality of the work and the dedication of the workforce during the stages of the repair. The rig - originally manufactured in 1982 by Nippon Kokan K K - is owned by the National Drilling Company (NDC) in Abu Dhabi.

08 Aug 2007

Asry Staff Honored

Forty-eight employees from the Arab Shipbuilding & Repair Yard Company (Asry) were honored for their services of between 10 and 30 years with the company. The ceremony took place at the company's VIP restaurant at the shipyard and was attended by chief executive Mohamed Al Khateeb, along with senior management and Asry Trade Union representatives. Those who received recognition for 30 years of services include estimator and invoicer Mohammed Essa Shaaban, pipework section head Abdulla Hassan Ebrahim, pipe fitter Sayed Abbas S Hashem, floating crane operator Abdulla Ahmed Khalaf, mechanical supervisor Abdulla Mohamed Budhaish, security officer Khalil Ebrahim Al Mobasher, pipework supervisor Abbas Abdulla Al Tabbal and tug captain Abdul Jalil Abdul Karim Abu-Edrees.

16 Nov 2006

Asry Expects Operating Income to Hit $135m

Arab Shipbuilding and Repair Yard Company (Asry) said that it expected net operating income to reach about $135 million by the end of this year, compared to $111 million last year. The board praised the notable improvement in sales and net profit after depreciation till the end of October, which is estimated at $11.5 million, an 88 percent increase over the net profit for the same period last year of $6.1 million. It heard that 150 vessels were repaired or booked for repair, most of which were very large crude carriers. Source:TradeArabia

07 Nov 2006

ASRY Delivers Tanker

According to KUNA, Bahrain-based Arab Shipbuilding and Repair Yard Company delivered an oil tanker to Kuwait Oil Tanker Company. The delivery ceremony was attended by Kuwaiti Ambassador to Bahrain Sheikh Azzam Mubarak Al-Sabah, Chairman of the Bahraini company Eid Abdullah Yussef, and Sheikh Ali Hamoud Al-Sabah, a representative of Kuwait Oil Tanker Company. Designed upon a request from the Kuwaiti company, the $5m tankers-6 is 35 meters long and nine meters wide, and has a crew of six sailors. It has lifting and haulage capacities of six tons and ten tons respectively. It is also equipped with updated systems able to separate water from oil in order to preserve sea environment.

12 Jul 2006

Asry Wins $13m Contract

According to reports, Arab Shipbuilding and Repair Yard Company (Asry) has been awarded a major contract from National Drilling Company (NDC), in Abu Dhabi, for their offshore self-elevating three legged jack-up drill rig the Al Mariyah. The rig, originally manufactured by Nippon Kokan K K in 1982, is owned by NDC and has been lying unused for a while now. In order to meet the increasing demands of its operations in the Arabian Gulf, NDC has decided to re-activate the rig in a phased manner. Asry has been awarded the first phase of the work and the contract is valued in excess of some $13 million. Asry was awarded the contract earlier in the year and the rig arrived in Bahrain on June 10 for a six-month programme of refurbishment and upgrade work.

21 Nov 2005

ASRY Gains to Reach $6 Million

According to a Gulf Daily News report, the net profit of the Arab Shipbuilding and Repair Yard Company (ASRY) is expected to reach $6.4 million this year while the net operating income is projected to reach $106 million, compared with $93 million last year. The projections were made after the company's board of directors reviewed the results for the year 2005. The board met under the chairmanship of Eid Abdulla Yousif and was attended by representatives of shareholding countries. Also present was ASRY chief executive Mohammed Al Khateeb. A total of 144 vessels were repaired or booked for repair, most of which were large crude carriers.

19 Jun 2006

Asry Launch KOTC Service Boat

According to reports, Bahrain-based Arab Shipbuilding and Repair Yard Company (Asry) launched the first service boat built for the Kuwait Oil Tanker Company (KOTC). A $4m contract was signed between the two companies and the vessel is due to be ready by mid-August. The lowering ceremony was held at the Dry Dock jetty and was attended by Asry's acting chief executive Fawzi Al Gosaibi, KOTC's Marine Agency Branch manager Captain Emad Al Musaed and a number of senior officials from both companies. This new boat is considered to be the first of its kind to be built by Asry's shipyard and measures about 35 m by 9 m. Its principal role will be as a service boat delivering potable water, necessary spares and provisions to KOTC's fleet of tankers and other vessels.