The opening of the new facility also marks the 10th anniversary of the joint investment between Dubai’s Albwardy Investment and Holland’s Damen Shipyards Group into Albwardy Damen.
The new site at DMC is considered a state-of-the-art facility in a strategic location at the heart of Dubai. Albwardy Damen believes this will benefit not only its customers but also contribute to the local economy.
Since 2008, Albwardy Damen has grown in size and capability to become one of the leading new build and ship repair yards in the Gulf region. In the first half of 2018 alone, it repaired and built over 100 vessels across its facilities in Dubai, Sharjah and Fujairah.
Lars Seistrup, managing director of Albwardy Damen, said: “Our new Dubai facility allows us to deliver the same exceptional levels of safety and quality as our yard at Sharjah. In addition, Dubai Maritime City is strategically located at the heart of Dubai, making it a highly convenient destination for our customers and one from where we can deliver a second-to-none service.”