Fincantieri and Abu Dhabi Shipbuilding: future collaboration in the UAE
During the Abu Dhabi 2019 International Defence Exhibition & Conference (IDEX), Fincantieri and Abu Dhabi Shipbuilding (ADSB), the leading shipbuilder in the United Arab Emirates specialized in the construction, repair and refit of military and commercial vessels, today announced that they have reached an agreement in principle to explore future forms of industrial and market cooperation in the UAE shipbuilding segment.
The agreement, to be detailed in the near future with the signing of a Memorandum of Understanding (MoU), falls within Fincantieri development strategy in the Middle East, promoting the development of local activities both in the shipbuilding segment and in the services and after sales activities to be carried out in the Region. Fincantieri and ADSB will establish a working group to define and prepare common proposals, maximizing the local content where possible, for the future programs involving the UAE’s Navy, as well as the Critical Infrastructure and Coastal Protection Authority (CICPA), which provide for the construction of new vessels, as well as refitting and maintenance activities of the future fleet of the UAE’s Navy.
In the last decade, Fincantieri has built an excellent relationship with the United Arab Emirates Navy. In fact, it is present on the local market since 2008 and has delivered three vessels built in the Group’s Italian yards in 2013, one “Abu Dhabi” class corvette of 90 meters in length and two “Falaj 2” class patrol vessels, all operating within the UAE Navy’s fleet with full customer satisfaction. Moreover, Fincantieri established the local joint venture Etihad Ship Building to support the maintenance and the full operational capability of the units delivered to the UAE Navy.
Feb 21 2019
Most read
The MSC Foundation, The MSC Group and Mercy Ships International join forces to build a new hospital ship
Apr 23 2024
DFDS initiates hybrid-electric ro-pax vessel design study with Incat for Channel Island tender
Apr 23 2024
Tallink Silja Line’s new buffet menu offers a flavourful invitation to the nicest summer picnic at sea
Apr 24 2024
Brittany Ferries announces an additional weekly connection on its Cherbourg-Rosslare line
Apr 26 2024