Abu Dhabi Ship Building PJSC (ADSB), a leading provider of construction, repair and refit services for naval, military and commercial vessels, held a ceremony to inaugurate the company’s floating dry dock at its location in Zayed Port.
The floating dock, which began servicing vessels in July 2016, has greatly enhanced ADSB’s commercial service offering, allowing the company to service larger ships and tap into new customers in industries such as oil and gas. To date, the dry dock has received 20 customers for routine drydocking, electrical and mechanical works.
Commenting on the occasion, Dr. Khaled Al Mazrouei, CEO of Abu Dhabi Ship Building, said: “It was an honor to host guests at the official inauguration ceremony for the company’s floating drydock. At ADSB, we are continually looking at how we can grow our offering as we look to deliver on the government’s vision of economic diversification and bring new services to the nation. The floating dock facility has been a key driver in our expansion plans and greatly strengthens the local maritime industry in Abu Dhabi.”
Abu Dhabi Ship Building Company PJSC (ADSB) provides construction, repair and refit services for naval, military and commercial vessels. Established in 1996 and headquartered in Abu Dhabi, UAE, ADSB was originally formed to support the repairs and refits of UAE Navy vessels. Joint ventures and service agreements with world renowned companies allow ADSB to provide world-class support services to GCC maritime security forces. Quality in production and safety in its operations are the main priorities in the company.
ADSB leverages its reputation, central location and global network of strategic partners to consolidate its position as a leading shipbuilder and support contractor for naval, military and commercial operators in the region.
ADSB is 10% owned by Abu Dhabi’s government, 40% owned by Mubadala Development Company, and 50% publicly traded on the ADX, Abu Dhabi’s Securities Exchange. The company employs more than 1000 employees.