International Maritime Industries (IMI), the biggest shipyard in the MENA area, has actually broadened its collaboration with Hyundai Heavy Industries (HHI) with a technological solution arrangement to additionally improve its shipbuilding abilities.
Under the arrangement, HHI will certainly give technological help as well as consulting solutions in Very Large Crude Oil Carrier (VLCC) design to IMI, showing its dedication to sustaining the advancement of IMI’s shipbuilding abilities as well as design solutions because its launch in 2017.
The arrangement was authorized byDr Abdullah Al Ahmari, Chief Executive Officer of IMI, as well asMr Ohmin Ahn, Executive Vice President at HHI, at the King Salman International Complex for Maritime Industries as well as Services in Ras Al-Khair, Saudi Arabia.
IMI as well as HHI launched energetic discussions for shipbuilding design cooperation in February 2018. Since after that, an MoU in between IMI, HHI, as well as Bahri for shipbuilding cooperation was checked in June 2019 as well as the term-sheet of the technological solution arrangement was checked in September 2019 in the added to today’s conclusive arrangement. Earlier this year, IMI broadened its collaboration with HHI to make it possible for the building and construction of marine vessels at its backyard in Saudi Arabia.
IMI, a joint endeavor in between leading market companions Saudi Aramco, Bahri, Lamprell, as well as HHI, is the biggest shipyard in the MENA area at virtually 12 million square meters. It gives brand-new construct as well as upkeep, repair service, as well as overhaul (MRO) solutions for business vessels, consisting of VLCCs, Bulk Carriers, Offshore Support Vessels, as well as Offshore Jackup gears.
