Dubai PR Network, Online Press Release from Dubai and Middle East
 
Money, Business & Investments(Banking & Investments)
Filter PR by
  
Abu Dhabi Ship Building Recognized for Excellence in Business Operations and Corporate Social Responsibility
 
Abu Dhabi Ship Building Recognized for Excellence in Business Operations and Corporate Social Responsibility

Abu Dhabi, UAE – 28 November 2017:  Abu Dhabi Ship Building (ADSB) recently received two highly prestigious awards reflecting the high quality of its business operations and commitment to corporate social responsibility.

At the 14thedition of the Seatrade Maritime Awards covering the Middle East, Indian Subcontinent and Africa, ADSB won the “Enterprise Award” for its contributions to the region’s ship repair industry. The company also received the “Corporate Social Responsibility (CSR) Award” at the fourth annual Maritime Standard Awards in Dubai.

The “Enterprise Award” recognizes the valuable contributions made by ADSB’s floating dock to the ship repair industry in the region. “The Corporate Social Responsibility (CSR) Award” recognizes and celebrates success in the shipping, ports and related sectors across the Middle East and Indian Subcontinent. ADSB’s CSR strategy has been a key component in the shipyard’s transition to a modern, highly efficient, productive and profitable shipbuilding and repair yard. Environmental sustainability and workforce welfare are essential elements of this transformation process, and the CSR program prioritizes the improvement of the working environment for all employees, in and out the yard.

Commenting on the awards, Dr. Khaled Al Mazrouei, CEO of ADSB said: “Abu Dhabi Ship Building has always prided itself on the quality of its business operations and dedication to CSR. From being a humble, specialist naval shipbuilder and repairer, ADSB now features as an efficient, world-class, technologically advanced production and service facility that is run by a highly-motivated workforce and a growing global agent network. These achievements will only inspire us to explore more innovative and creative solutions as we begin to enter our next phase of growth.”

ADSB’s Mina Zayed-based floating dock operations have remained busy over the course of this year. For the last three months, the dock has observed a 100 per cent occupancy rate. The floating dock has also gained momentum as a business generator by benefitting at least 25 third-party service providers, thereby generating more employment opportunities in the UAE.

In the shipyard, state-of-the-art robotic hydro-blasting machines, the first of their kind in Abu Dhabi, have replaced the traditional copper grid blasting equipment. This upgrade has virtually eliminated air pollution around the floating dock facility in Mina Zayed.

ADSB recorded a strong performance in 2016, which saw revenue rise to AED 927.8 million and profit by over 11 per cent compared to 2015. Last year, the shipyard received 592 enquiries for drydocking and repair projects, and completed 286, surpassing previous records. The introduction of efficient production management and control systems, as well as an inspired and motivated workforce, have been the main contributing factors to ADSB’s success. This upward trend is continuing and in 2017, ADSB’s drydocking and repair project portfolio grew by 156 per cent. Vessel types included tankers, tugs, jack-up rigs, barges and the company’s first-ever chemical tanker.


Posted by : Dubai PR Network Editorial Team
Viewed 7796 times
PR Category : Banking & Investments
Posted on : Tuesday, November 28, 2017  10:41:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Pearl Initiative, Red Flag Group Underscore Compliance, Inte...
Next Story : Union Coop Hires 30 Emirati during Q3
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Meet the FOREO family as they share their top tips for radiant skin during the holy month [12542-Views]
Three Trends to Try with Palladio Beauty [9083-Views]
bebe Launches First Ever Ramadan Capsule Collection [7924-Views]
Max Fashion Reveals Latest 2018 Fashion Trends at Exclusive Trunk Show [7607-Views]
Lexus sweeps two podium finishes at round two of 2018 AUTOBACS SUPER GT 500 series [7564-Views]
Care for your baby's sensitive skin with Corine de Farme [7540-Views]
Ramadan-Inspired Sandro SS18 Pieces [7302-Views]
New Master Maserati Driving Courses for 2018 [7003-Views]
Spinneys Puts Local Food Heroes in the Spotlight this Ramadan [6838-Views]
Do Explore More with Pandora [6832-Views]
‘Tree of Life' Continues to Change Lives at Arabian Center, This Ramadan [6759-Views]
Ethereum - Second In A Series Of Exclusive Cryptocurrency Watches Launched [6545-Views]
Marchon Eyewear New Collections [6411-Views]
Get Voluminous Eyelashes and Eyebrows with Rodial's Lash and Brow Booster Serum [6356-Views]
Global Light and Power Celebrates 10 Years with the Opening of their New Showroom in Dubai [6350-Views]
Mads Mikkelsen Spotted on Red Carpet at Cannes Wearing Ulysse Nardin Masterpiece [6314-Views]
RAK Diabetes Center in Jumeirah offering Free Lifestyle wellness checks and Diet Consultat... [6259-Views]
Charlotte Tilbury, the World's #1 Celebrity Makeup Artist, Announces the Opening of Her Fl... [6155-Views]
Caudalie The Cleansing Collection [6082-Views]
Pottery Barn Kids Launches Baby Registry Service to Welcome Newborns [5923-Views]
Make Ramadan Better With the Gift of Sharing [5539-Views]
Aru Impressed with Team Spirit as Italian Champion Secures Top Ten Finish [5441-Views]
Hour Choice Presents Coach Perry Collections – Ramadan Exclusive [5417-Views]
Breitling's Navitimer 8 Collection Arrives in The Middle East [5405-Views]
Facebook Launches Youth Portal, a Central Place for Teens [5356-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories