Independent journal on economy and transport policy
13:41 GMT+1
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Inaugurated a new yard of construction and naval repair to Baku, in Azerbaijan
It is managed by joint venture participated azere SOCAR and Azerbaijan Investment Company and by the group Keppel O&M of Singapore
September 23, 2013
To Baku, in Azerbaijan, the new Baku Shipyard ship yard is inaugurated that is about to realization by joint venture participated with 65% from Is Oil Company of Azerbaijan Republic (SOCAR), with 25% from Azerbaijan Investment Company (AIC) and with 10% from Marine the navalmeccanico group Offshore Keppel & (Keppel O&M) of Singapore.
The new plant, that it occupies an area of 62 hectares, will be dedicated to the construction and repair of specialistic and mercantile ships, between which semisubmersible ships, multipurpose put down-anchors, platform supply vessel let alone oil tankers and units. The first phase of construction of the yard has involved an investment of 470 million dollars.
The group Keppel O&M is present in Azerbaijan from 1997 with joint venture Caspian Shipyard Company (CSC) constituted with the group SOCAR that work a ship yard also it to Baku.
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To Baku, in Azerbaijan, the new Baku Shipyard ship yard is inaugurated that is about to realization by joint venture participated with 65% from Is Oil Company of Azerbaijan Republic (SOCAR), with 25% from Azerbaijan Investment Company (AIC) and with 10% from Marine the navalmeccanico group Offshore Keppel & (Keppel O&M) of Singapore.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
