ASYAD Drydock to showcase world-class ship capabilities at Greek expo

Following increasing demand from the region for their world-class ship repair and shipbuilding services, ASYAD Drydock is preparing to take part in this year’s Posidonia International Shipping Exhibition, which opens in Athens (Greece) on June 6, 2022.

Around 2,000 companies from 88 countries will exhibit their products and services during the weeklong expo, organised by Posidonia Exhibitions SA, the shipping industry’s most prestigious event.

Formerly known as the Oman Drydock Company (ODC), ASYAD Drydock is unique in its position as one of the most prominent service providers to the marine industry in the Middle Eastern region, with clients worldwide. Positioned in the Sultanate of Oman and based at the Port of Duqm on the primary global trade routes, ASYAD Drydock is the largest ship repair yard in The Middle East and North Africa (MENA) region.

The shipyard is part of the ASYAD Group, the Sultanate of Oman’s flagship logistics and supply chain group that also operates ASYAD Shipping, the owner of a growing fleet of more than 60 state-of-the-art vessels with a total capacity of 9m tonnes.

Offering ship repair, ship conversion, mega yacht repair, offshore rig repair, shipbuilding, and industrial fabrication, the shipyard’s principal resources include 1.2 million square metres of seafront facilities, The 2,800-metre quay has a water depth of 9-10 metres. With fourteen sets of jib cranes and two graving docks, potential floating dock, the Drydock can handle vessels up to 600,000 DWT efficiently.

During Posidonia 2022, ASYAD Drydock plans to create stakeholder awareness about its developing capabilities and how it is maintaining its position at the industry’s cutting edge and increasing its business from companies worldwide.

Fuelled by great achievements from last year, ASYAD Drydock enters 2022 standing out on the maritime world map as a renowned shipyard serving top local and international players.

Financially, ASYAD Drydock overcame the aftermath of the Covid-19 and recorded a good net profit. Since 2011, ASYAD Drydock has delivered over 1,100 vessels. In 2021, the yard welcomed a total of 163 vessels and the number of repaired vessels increased by 21 per cent in 2021 compared to the same period in 2020.

In 2021, ASYAD Drydock set another record by accommodating 23 ships simultaneously in a 53 per cent rise from its daily accommodation rate, displaying advanced operational efficiency and the strong appeal of its services.

The Drydock also achieved a new milestone in logistics services by launching shipbuilding services for vessels of all sizes and uses. The first ship built in Duqm’s drydock has already been delivered, with several local and regional shipbuilding projects in the pipeline.

“Keeping pace with technological advancements is of top priority, something that is achieved by through a process of constant research, investment and communication with its clients. We are also aware that, as a shipyard, we need to adopt digital technologies. It is the only way forward,” said Dr Ibrahim al Nadhairi, CEO of ASYAD Drydock & ASYAD Shipping.