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Drydocks World upbeat on rig repair business

Drydocks World upbeat on rig repair business
Drydocks World is forecasting a good year for rig projects with nine rigs currently in its Dubai yard.

The Dubai-headquartered shipyard group has set a dedicated rig division to meet the needs of clients in this sector. Drydocks World – Dubai yard currently has nine rigs in its facility, breaking the previous record of eight last year.

“With nine rigs currently in the yard from different parts of the world and four are scheduled to arrive soon, Drydocks World expects to have a very successful year with regards to rig projects in addition to other projects the yard is pursuing,” the company said.

Ship and rig repair revenues were up 9% last year compared to 2014.