Abu Dhabi: Abu Dhabi Ship Building PJSC (ADSB), a provider of construction, repair and refit services for naval, military and commercial vessels, and Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sector, on Monday signed a Memorandum of Understanding (MoU) to create an industrial entity to strengthen maritime projects in the UAE and across the GCC.

Dr. Khalid Al Mazrouei, Chief Executive Officer of ADSB, and Dr. C.S Kim, President and Chief Operating Officer of Drydocks World, signed the agreement to establish a strategic partnership to support the local maritime services and industries. The MoU aims to enhance knowledge transfer and capabilities exchange between the two companies and is the basis for future cooperation agreements, according to a press statement.