Abu Dhabi Ship Building
Company type | Public |
---|---|
ADX:ADSB | |
Industry | Shipbuilding |
Founded | 1996 |
Headquarters | Abu Dhabi, United Arab Emirates |
Key people | David Massey (CEO) |
Number of employees | 500-1000 (2023)[1] |
Abu Dhabi Ship Building (ADSB) is a shipbuilding company established in 1996 in the United Arab Emirates.[2] It specializes in the construction, repair, and refit of naval and commercial vessels. ADSB serves as a key defense asset for the UAE, providing a range of services including the building and maintenance of various types of ships and marine components.[3]
History
[edit]Established in 1995, Abu Dhabi Ship Building was formed as a joint venture between the Government of Abu Dhabi and Newport News Shipbuilding (NNS).[4] Emiri Decree No. 5 of 1995 officially mandated ADSB to develop an industrial base for constructing a wide range of vessels, marine components, and equipment, in addition to conducting maintenance and repair operations.[5] The company has since grown significantly, solidifying its position as a key player in the naval defense sector and a vital asset for the UAE.[6][7]
Operations
[edit]ADSB constructs and maintains naval and commercial vessels at its shipyard in Abu Dhabi's Mussafah Industrial Zone, spanning over 300,000 square meters.[6] Its portfolio includes frigates, offshore patrol vessels, and fast patrol vessels. It also provides associated maintenance, repair, and engineering services.[8]
References
[edit]- ^ "Abu Dhabi Ship Building Overview". pitchbook.com. Retrieved 14 August 2024.
- ^ "How Abu Dhabi's shipbuilding firm has grown over the years | Hellenic Shipping News Worldwide". www.hellenicshippingnews.com. Retrieved 2024-08-14.
- ^ Defaiya, Al (2021-12-16). "Al Defaiya | Abu Dhabi Ship Building (ADSB) Celebrates 25 Years". www.defaiya.com. Retrieved 2024-08-14.
- ^ "Investor Relations | ADSB". adsb.ae. Retrieved 2024-08-14.
- ^ "ADSB 2022 Annual Report" (PDF). webfiles.adsb.ae. Retrieved 14 August 2024.
- ^ a b Sebugwaawo, Ismail. "How Abu Dhabi's shipbuilding firm has grown over the years". Khaleej Times. Retrieved 2024-08-14.
- ^ "Abu Dhabi Ship Building". www.globalsecurity.org. Retrieved 2024-08-14.
- ^ "Abu Dhabi Ship Building: Shareholders Board Members Managers and Company Profile | AEA000901016 | MarketScreener". www.marketscreener.com. Retrieved 2024-08-14.