Dubai: Dubai Drydocks is to take over management of fellow DP World subsidiary Jadaf Dubai shipyard, officials have announced. Jadaf has been in the shiprepair business for more than 30 years and comprises a grouping of some 300 companies with 6,000 staff that use common drydock facilities currently located in Dubai Creek. It is due to move to the new Dubai Maritime City upon completion, however, located next door to Dubai Drydocks. Integration would allow better use of support infrastructure but it is thought the two will stick to their existing core businesses. [12/07/06]
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