Abu Dhabi Awards Construction Contract

Abu Dhabi Shipbuilding (ADSB), has granted a major construction contract worth $12.2 million to a joint venture of Arabtec and Overseas AST Co. The contract is the first of two major construction contracts planned in ADSB's ongoing facility expansion. This past August, the company signed a separate contract with Synchrolift for a new shiplift system, which is currently being manufactured. This contract with Arabtec and Overseas AST includes the construction of shiplift piers, dry berths, a new quay wall, two large assembly halls and the basic site infrastructure. The shiplift, dry berths and assembly halls will all be connected by a modern, land-level ship transfer system, which will significantly increase ADSB's vessel lifting and launching capability from its current 500 tons to 2,000 tons.