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Home» News»Fincantieri, ADSB to further cooperate in the UAE shipbuilding industry
During the Abu Dhabi 2019 International Defence Exhibition & Conference (IDEX), Fincantieri and Abu Dhabi Shipbuilding (ADSB) announced that they have reached an agreement in principle to explore future forms of industrial and market cooperation in the UAE shipbuilding sector.
UAE Navy's Abu Dhabi-class corvette built by Fincantieri (Credit: Fincantieri)

Fincantieri, ADSB to further cooperate in the UAE shipbuilding industry

During the Abu Dhabi 2019 International Defence Exhibition & Conference (IDEX), Fincantieri and Abu Dhabi Shipbuilding (ADSB) announced that they have reached an agreement in principle to explore future forms of industrial and market cooperation in the UAE shipbuilding sector.

Naval News Staff 21 Feb 2019

The agreement, to be detailed in the near future with the signing of a Memorandum of Understanding (MoU), falls within Fincantieri development strategy in the Middle East, promoting the development of local activities both in the shipbuilding segment and in the services and after sales activities to be carried out in the Region.

Fincantieri and ADSB will establish a working group to define and prepare common proposals, maximizing the local content where possible, for the future programs involving the UAE’s Navy, as well as the Critical Infrastructure and Coastal Protection Authority (CICPA), which provide for the construction of new vessels, as well as refitting and maintenance activities of the future fleet of the UAE’s Navy.

In the last decade, Fincantieri has built an excellent relationship with the United Arab Emirates Navy. In fact, it is present on the local market since 2008 and has delivered three vessels built in the Group’s Italian yards in 2013, one “Abu Dhabi” class corvette of 90 meters in length and two “Falaj 2” class patrol vessels, all operating within the UAE Navy’s fleet with full customer satisfaction. Moreover, Fincantieri established the local joint venture Etihad Ship Building to support the maintenance and the full operational capability of the units delivered to the UAE Navy. 

Abu Dhabi Shipbuilding Fincantieri IDEX IDEX 2019 NAVDEX 2019 2019-02-21
Tags Abu Dhabi Shipbuilding Fincantieri IDEX IDEX 2019 NAVDEX 2019
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Posted by : Naval News Staff

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