Dubai Ship Docking Yard (Jadaf) has recorded a 20 per cent growth in income during the first six months of the current year, compared to the same period in 2003.
The facility also recorded a 10 per cent increase in its net savings during the same period.
Hamed Mohammad Mattar Bin Lahej, general manager of Jadaf, said: "The cumulative bi-annual statistics for the first half of 2004 have shown an overall increase compared to those of the respective period last year. These improvements were evident in a noticeable increase in general income and a increase in docking and undocking movement.
"A substantial increase in dry berthing at both docks 1) and 2), which amounts to a 20 per cent overall increase in income, while the overall operational expenditures have been substantially reduced, increasing saving by 10 per cent compared to last year's expenditures in the same time span."
He added that the early reservations made for the dry berths at dock 2) advance to span the next four months and extend until the end of January 2005. This exemplifies the constant high demand on Jadaf's services that exceeds expectations.
Bin Lahej attributed the growth to employees.
"The team work spirit of our employees is an indication of their efforts toward offering comprehensive and professional services to realise the vision of the corporation and serve the nation.