AD Ports' Safeen Drydocks Signs Dh1.3bn Local and International Shipbuilding Deals

AD Ports' Safeen Drydocks signs Dh1.3bn local and international shipbuilding deals

Contracts support UAE's aim to become a regional hub for maritime manufacturing

SAFEEN Drydocks secures record AED1.3 billion vessel construction contracts

SAFEEN Drydocks has secured vessel construction contracts worth AED1.3 billion (US$354 million), marking the largest awards in the company’s history and strengthening the UAE’s ambitions to become a regional shipbuilding hub. SAFEEN Drydocks, a joint venture between AD Ports Group and Premier Marine Engineering Services, secured two major projects covering commercial and offshore vessel construction. The first contract covers the design and cons…

Abu Dhabi shipbuilder lands record $354m vessel construction haul

Safeen Drydocks has secured vessel construction contracts worth AED1.3bn ($354m), the largest awards in the company’s history and a major boost for the UAE’s ambitions to become a regional shipbuilding centre. The Abu Dhabi-based shipbuilder, a joint venture between AD Ports Group and Premier Marine Engineering Services operating under Noatum Maritime, will build a total …

SAFEEN Drydocks secures major vessel construction contracts valued at $354mln

SAFEEN Drydocks is a joint venture between AD Ports Group (ADX: ADPORTS) and Premier Marine Engineering Services, operating within Noatum Maritime’s portfolio, as part of its broader offering of integrated maritime services

SAFEEN Drydocks Secures Major Vessel Construction Contracts Valued at AED 1.3 Billion - Business News Week

The contracts underscore shipyard expertise in complex vessel fabrication and highlight the UAE’s growing prominence as a shipbuilding hub Abu Dhabi, UAE – 4th June 2026: SAFEEN Drydocks, a shipbuilding, repair and maintenance company, has secured two major vessel construction contracts valued at AED 1.3 Billion (USD 354 million) in total, marking the largest awards secured by SAFEEN […] The post SAFEEN Drydocks Secures Major Vessel Construction…

SAFEEN Drydocks Secures Major Vessel Construction Contracts Valued at AED 1.3 Billion

The contracts underscore shipyard expertise in complex vessel fabrication and highlight the UAE’s growing prominence as a shipbuilding hub Abu Dhabi, UAE – 4th June 2026: SAFEEN Drydocks, a shipbuilding, repair and maintenance company, has secured two major [...] The post SAFEEN Drydocks Secures Major Vessel Construction Contracts Valued at AED 1.3 Billion appeared first on Business News This Week.