DRYDOCKS World has plans to enter the Saudi Arabian market as part of its expansion plans, Khamis Juma Bu Amim, the company’s chairman, told reporters Saturday.
The firm is “in serious talks to operate and manage dry dock facilities in Saudi Arabia’s Dhahran and Jeddah ports. We expect to see this agreement through by first quarter of 2013,” Bu Amim said.
This is expected to add 17-18 percent to Drydocks’ existing capacity, which currently sees the handling of 35 vessels at each dock, he noted.
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