Damen starts JV in UAE

Damen Shipyards Group has purchased 49% of the shares of Albwardy Marine Engineering (AME), Dubai, UAE. AME is active in ship repair, shipbuilding, repair of offshore units and diving activities and has facilities in Dubai, Fujairah (UAE) and Salalah (Oman).

AME employs approximately 780 people, of whom the vast majority is active in repair. Participating in AME enables Damen to construct vessels (high speed naval craft, ferries, tugs, workboats and dredgers) in Dubai for the local market, as well as serving Damen customers through repairs and services.