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ASRY boss Nils Kristian Berge quits

ASRY boss Nils Kristian Berge quits
Seatrade Maritime News understands that Arab Ship Repair Yard (ASRY) chief executive Nils Kristian Berge has stepped down suddenly and the pan-Arab repair yard in Bahrain is now being managed by long-serving Magdy Moustafa.

Berge took over from Chris Potter in September 2013 after Potter also left the shipyard suddenly following what is understood to have been a disagreement with some main board directors on strategic direction.

During his tenure, Norwegian Berge has overseen various initiatives at the yard including Project Jupiter in which a cluster of subcontractors have established their own service bases within the shipyard.

He also oversaw the setting up of an office in Al Khobar, Saudi Arabia, to support existing Saudi clients, developing more marine business in the Kingdom, and repairing land rigs.

ASRY was established in 1977 and is a joint venture between the governments of Bahrain, Iraq, Kuwait, Libya, Qatar, Saudi Arabia and the UAE.