The regional offshore and marine logistics player said it had signed a binding term sheet with FujiOffset Plates Manufacturing for the sale of its shipyard subsidiaries Marco Polo Shipyard and MP Marine.
Inside a massive shipyard in Umm Al Quwain, unfinished yacht structures rise several metres above the ground as workers move across metal scaffolding, moulding stations and busy production halls.
In parallel, Fincantieri Bay Shipbuilding and Fincantieri MarineRepair received the "Improvement in Safety" award, reserved for shipyards achieving a TRIR reduction of at least 10 percent compared to the previous year.
Gas shipowner Seapeak has expanded its LNG carrier orderbook with a fresh trio of newbuildings in South Korea, while simultaneously locking in long-term employment for the vessels ... .
The move is also expected to open the door for smaller UAE-based shipyards and marine contractors ... The company has also expanded internationally through the acquisition of Spain’s Balenciaga Shipyard.
KITTERY, Maine — A change of command ceremony for USS North Dakota (SSN 784) was held at the Portsmouth Naval Shipyard auditorium Friday, May 15, during which Cmdr ... at Portsmouth Naval Shipyard.