SAFEEN Drydocks, a shipbuilding, repair and maintenance company, has secured two major vessel construction contracts valued at AED1.3 billion ($354 million) in total, marking the largest awards secured by SAFEEN Drydocks to date and reinforcing the UAE’s growing position as a shipbuilding hub.
SAFEEN Drydocks is a joint venture between AD Ports Group and Premier Marine Engineering Services, operating within Noatum Maritime’s portfolio, as part of its broader offering of integrated maritime services.
The first project includes the design and fabrication of four 140-metre multipurpose vessels for AD Ports Group, representing one of the largest maritime vessel projects to be undertaken in the UAE. Supporting a range of cargo and logistics operations, each will have capacity for 105 passengers, up to 300 containers, including more than 100 reefer plugs, as well as high and heavy cargo, and up to 1000 cars and 100 trailers.
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