Oman Drydock plans US$60 million investment

The new management team at Oman Drydock Company is hoping shareholders will approve a series of investments aimed at gearing the repair yard for greater retrofitting demand, as well as an entry into the newbuilding market.

"If we use our capacity effectively, there’s no reason why we can’t compete", Said Al Maawali, CEO, Oman Drydock Company

The new management team at Oman Drydock Company is hoping shareholders will approve a series of investments aimed at gearing the repair yard for greater retrofitting demand, as well as an entry into the newbuilding market.