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ASRY set for $9.2m investment through specialist contractors initiative

ASRY set for $9.2m investment through specialist contractors initiative
Companies including ABB, SOLAS and Seven Seas have invested over $3.7m in Onsite Specialist Contractors (OSCs) at Bahrain's Arab Shipbuilding and Repair Yard (ASRY), with more investments in the pipeline.

The ASRY initiative, named Project Jupiter, aims to make the company the leader for OSCs in the Middle East. Project Jupiter has so far helped secure $3.7m in investment at the yard, a number set to rise to $9.2m by the end of the year.

Nils Kristian Berge, ASRY ceo, commented: "This new initiative will give ASRY the highest quality mix of OSCs in the Middle East to ensure that any global owners needs are catered for specifically and efficiently. By being able to offer the comprehensive range of specialist services on site, there is less need for owners to bring specialized engineers."

ASRY already accommodates 33 OSCs, including leading names such as Alfa Laval, Wärtsilä, Blohm+Voss, Harris PYE, Goltens, and more. As Project Jupiter continues, 2014 will see several more global names take a permanent and significant presence in the yard as new agreements are imminent.

Earlier this year, ABB Industries opened their workshop in ASRY to provide onsite international factory warranties to all service jobs done at ASRY, including dedicated machines and engineers at a workstation within the shipyard, and access to their worldwide service network. SOLAS signed an agreement which will see a 2,000 sq m service centre for life boats, life rafts and fire fighting & life saving appliances in ASRY. Seven Seas' new $800,000 facility, which opened in May 2014, has two workshops, one for metal fabrication, producing HVAC and architectural items and another shop for carpentry, building high quality furniture and architectural items, predominantly for offshore solutions.

ASRY is exhibiting at Seatrade Middle East Maritime at Dubai International Convention and Exhibition Centre, October 28-30, and can be found on stand C1.