Middle East

Drydocks World eyes Africa

 

Dubai: Drydocks World and Maritime World is looking at Africa for business expansion. The shipyard group announced yesterday that chairman Khamis Buamim held talks with Henrik Madsen, head of the Norwegian classification group DNV at the European institution’s headquarters in Oslo.  Discussions were held on issues arising from the shipping industry entering a new development stage, and expansion of the company's business in Dubai and the Middle East, and building new commercial platforms in Africa, as well as discussing issues on how to strengthen cooperation.

Khamis Buamim commented: "The international shipping industry is undergoing an important crossroads, it's still recovering from the repercussions of the worst economic recession experienced in modern history, which means that there is an urgent need to think beyond the stereotypes.”  [10/06/13]

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