Ship&Offshore | Issue 06/2023
Gulf repairers at full capacity Business optimism fuelled by high oil
Gulf repairers at full capacity Business optimism fuelled by high oil prices and a rebound in offshore energy fortunes is driving ship repair demand in the Middle East. Yards are full and have significant volumes of work in hand. “We have seen our repair teams running at full capacity all year so far,” Albwardy Damen managing director Lars Seistrup says. “The offshore support vessel and anchor handling segment is a front runner although we also see the civil, yacht and security vessel segments doing well too.”...