UAE’s Drydocks World, HD Hyundai Signs MOU
20 February 2024Drydocks World, UAE announces the signing of a Memorandum of Understanding (MoU) with HD Hyundai Marine Solution Tech (HMST), a subsidiary of HD Hyundai Marine Solution belonging to HD Hyundai.
This collaboration marks a significant stride towards embracing sustainable innovations and advancing maritime technologies.
By combining Drydocks World’s ship repair and conversion capabilities with HMST’s cutting-edge technological expertise, this partnership is poised to set new benchmarks in our industry.
The Company stated that, this strategic alliance reaffirms our commitment to innovation and sustainability, strengthening Dubai’s position as a global maritime hub. The signing ceremony, graced by Captain Rado Antolovic, PhD, CEO, Drydocks World and Young Ho Lim, CEO, HMST alongside key figures from both organizations, symbolizes the beginning of an exciting journey towards unlocking innovative potential and elevating our service offerings.
Related
-
SCG to invest $700 mln more in petrochemicals complex in Vietnam
1 November 2024
-
Saudi Binladin to receive $6bn loan
1 November 2024
-
Neom to tender hydropower contract
31 October 2024
-
Thiess-Khishig Arvin Joint Venture secures three-year mining services contract in Mongolia
31 October 2024
-
QatarEnergy partners with TotalEnergies for 1.25GW solar project in Iraq
30 October 2024
-
Tadweer Group signed agreement for waste to energy plant in Uzbekistan
30 October 2024