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SAFEEN Drydocks, a company specializing in shipbuilding, repair, and maintenance, has received two contracts worth a total of 1.3 billion AED (approximately 354 million USD). These contracts represent the largest allocations in the company’s history and highlight the growing role of the United Arab Emirates (UAE) as a hub for shipbuilding, as recently reported by the AD Ports Group. The company is a joint venture between AD Ports Group and Premier Marine Engineering Services and is part of the Noatum Maritime portfolio, which offers integrated maritime services.
Key projects for AD Ports Group and Nigeria
The first contract involves the construction of four 140-meter multipurpose vessels for the AD Ports Group. According to the company, this project is among the largest maritime undertakings in the UAE. The vessels are designed for various cargo and logistics operations and can accommodate up to 105 passengers, as well as transport up to 300 containers. This includes more than 100 reefer plugs, heavy and oversized cargo, as well as up to 1,000 cars and 100 trailers.
The second contract involves the construction of 18 marine support units for Oilbank Logistics Services Ltd from Nigeria. These units, including tugs and pilot boats, are intended to support port operations and offshore logistics in Nigeria. This program is among the largest international shipbuilding projects being realized by SAFEEN Drydocks.
