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.

BING NEWS:
  • Drydocks World cuts steel for Middle East's first LNG-powered harbor tug ‘Elemarateyah’
    Held in Drydocks World’s state-of-the-art steel fabrication centre, the beginning of this project sets a regional first and demonstrates ... wholeheartedly supporting the Government of Dubai’s environmental initiatives. Drydocks World is experienced ...
    05/5/2015 - 4:53 am | View Link
  • Dubai World gets creditor OK for $14.6B debt restructuring
    The lenders include banks and investors from the Middle East, Europe and Asia ... World and shipbuilder Drydocks World. Dubai World previously renegotiated terms on $24.9 billion in debt in 2011 — a key step in resolving fallout from the Dubai's 2009 ...
    02/15/2015 - 12:29 am | View Link
  • Drydocks World in Asian joint venture
    The new venture, a partnership with Kuok's Pacific Carrier, will be named DDW-PaxOcean Asia and ... However, Drydocks World's huge complex near Dubai's Maritime City - the largest drydocks in the world - will not come under the new joint venture.
    06/27/2012 - 1:00 pm | View Link
  • 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 ...
    06/27/2012 - 10:59 am | View Link
  • Dubai’s Drydocks World sets up Asia joint venture
    Dubai Dubai’s shipyard operator Drydocks World signed a deal on Wednesday to form a joint venture for its Asian operations with Singapore’s Kuok Group as it tries to close a $2.2 billion (Dh8.08 billion) debt restructuring, the companies said.
    06/26/2012 - 11:28 pm | View Link
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