Independent journal on economy and transport policy
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Joint venture of the Middle Eastern navalmeccanici groups Drydocks Holding World and Privinvest
One will take care of the restructure of naval units, mainly mega yachts and military ships
September 24, 2012
The Middle Eastern navalmeccanici groups Drydocks Holding World and Privinvest have signed an agreement in order to constitute joint venture that will take care of the restructure of naval units, above all mega yachts and military ships, in the United Arab Emirates and the surrounding regions. The understanding previews also the development of a specific unit of business dedicated to the construction of military ships and ships support in the Asian south-east and in particular in Indonesia.
The ship yards Abu Dhabi Mar (ADM) of Abu Dhabi and European yards ADM Kiel take part of the Privinvest group, CMN, Hellenic Shipyards and Nobiskrug and the computer science society Isherwoods. Drydocks World, besides own yards of Dubay, has plants to Singapore and in Indonesia.
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