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Drydocks World announces a record of 9 rigs in the Drydocks World-Dubai yard

posted on 02/02/2015: 2131 views

Drydocks World has announced that it currently has nine rigs in the Drydocks World-Dubai yard which is a new record for the shipyard.

Khamis Juma Buamim, Chairman of Drydocks World and Maritime World, said, "Drydocks World is proud of our ability to provide solutions to any technical challenges and offer clients the services that fully meet their requirements. Our continued improvements on the advanced state-of-the-art facilities provides on stop solutions to the projects. We ensure the integrity and safety of all personnel and projects, providing operational efficiency while mitigating all risks. Our services have evolved with the needs of the industry and our proven ability to accommodate 9 rigs demonstrates the extensive infrastructure and world-class capabilities of Drydocks World stressing that the Group's strategy is clear and based on total development, innovation, technical and engineering creativity." Drydocks World has expanded its operation by establishing a dedicated rig division to ensure focused attention on rig projects to meet with clients' requirements. The growth in the number of rigs arriving in the yard reflects the outstanding service level provided to this important business segment.

With 9 rigs currently in the yard from different parts of the world and 4 scheduled to arrive soon, Drydocks World expects to have a very successful year with regards to rig projects in addition to other projects the yard is pursuing. Ship repair and rig repair revenue increased by 9% compared to 2013 and exceeded the targeted annual profit projected for 2014. Moving forward into 2015, the record number of 9 rigs is an excellent start. – Emirates News Agency, WAM –


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