Drydocks World
Dubai Drydocks World makes a voluntary conditional cash offer for Labroy Marine
The offer would involve a potential cash outlay of approximately S$2.37bn ($1.63bn) for an acquisition of all Labroy’s shares on a fully diluted basis. Labroy was incorporated in Singapore on April 14, 1980 and is listed on the Main Board of the Singapore Stock Exchange. It is a marine construction and engineering group with... »
Drydocks World – Dubai wins British Safety Council Sword of Honour for the fourth year in succession
Drydocks World-Dubai, an entity of Drydocks World, has been announced as a winner of the British Safety Council Sword of Honour for the fourth year in succession. This award is given to 40 organisations world wide every year that encourage and maintain a safe working culture within their facilities. Drydocks World-Dubai is the flagship... »
Drydocks World – Dubai marks the sailing of world’s largest semi-submersible drilling rig hull
Dubai World‘s recently formed company Drydocks World Dubai today announced the completion of construction and transportation of Alpha Aker Spitsbergen hull from Dubai to the Aker Kvaerner Stord yard in Norway. Commenting on this, Mr. Mark Biggs, Director – New Building Division, said: ‘This is a significant milestone in our long list of achievements.... »
DDW set to acquire 100 per cent ownership of Singapore-based shipyard
Dubai World‘s global shipyard operator, Dubai Drydocks World on Thursday (July 26) announced that it is preparing to exercise its option to acquire 100 percent ownership of the Singapore-based Pan United Marine (PUM) after receiving acceptances of 92.29 percent of shares as of July 25, when the offer closed in Singapore. Under its original... »
Sultan Bin Sulayem calls for building national management talents to administer Dubai World’s global network.
Building a bankable pool of national management talent is an integral part of Dubai World‘s long-term development strategy and will be pursued vigorously in all group business units. Sultan Ahmed Bin Sulayem, Chairman, Dubai World, reiterated this commitment during a visit to the Drydocks World Dubai on Thursday (July 26) to inspect progress of... »
