Region's shipbuilding sector strong, says observer
A leading industry observer has claimed that the Middle East retains its dynamism as a centre for shipbuilding and repair, despite the economic slowdown.
“The region is one of the busiest commercial maritime hubs with the United Arab Emirates, Saudi Arabia, Oman and Qatar having major ports and shipyards with more being built,” said Christopher Hayman, chairman of Seatrade, organisers of the region's premier workboats event, which will be held in Abu Dhabi later this year.
“New building, dry and wet repairs are being carried out by yards big and small in the region with a heavy emphasis on the workboat sector,” he added.
The 2009 Middle East Workboats exhibition and conference takes place from 5-7 October at the Abu Dhabi National Exhibition Centre under the patronage of HH Sheikh Hamdan bin Mubarak Al Nahyan, Minister for Public Works and Chairman of the National Transport Authority.
Among the leading regional highlights is Abu Dhabi Shipbuilding, which has a workforce of 12000, and Dammam-based Zamil Shipbuilding, which has a full order book well into 2012.