Dubai's Drydocks World Sets Up Asia Joint Venture

Dubai's shipyard operator Drydocks World signed a deal Wednesday to form a joint venture for its Asian operations with Singapore's Kuok Group as it tries to close a $2.2 billion debt restructuring, the companies said.

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  • Dubai’s Drydocks World sets up Asia joint venture
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  • Dubai's Drydocks World sets up Asia joint venture
    DUBAI, United Arab Emirates (AP) — Dubai's shipyard operator Drydocks World signed a deal Wednesday to form a joint venture for its Asian operations with Singapore's Kuok Group as it tries to close a $2.2 billion debt restructuring. The debt-laden ...
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