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21 May 2018 The on-line newspaper devoted to the world of transports 17:10 GMT+2



January 30, 2018

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Original news
Gulf Navigation is in negotiations in order to acquire a quota majority in the Atlantic Navigation Holdings

The company has a fleet of 25 ships

The Gulf Holding Navigation (GNH) of Dubay has announced of being in negotiations in order to acquire a quota majority in the Atlantic Navigation Holdings (Singapore) Ltd., society quoted to the Stock exchange of Singapore that work marine and navalmeccaniche activities to service of the offshore industry. The company has center to Singapore and its Maritime branch Atlantic Group FZE has center to Sharjah, in the United Arab Emirates, nation in which Atlantic Navigation Holdings it is constituted in 1997 with the name Atlantic Marine Services and center to Dubay.

Currently Atlantic Navigation Holdings has a fleet of 25 ships, of which 17 of entire property, two in co-ownership and six rental one or management, between which unit AHT, AHTS, barges, tugs and ships support. Moreover the society has in course orders for the Offshore acquisition of seven new Supply Vessel. Between the other properties of the company figure a quota 50% of a consortium that, with the Middle East National Oil Company (NOC), will for dismantling realize a project of the value of 45 million dollars of structures of an abandoned oil reservoir near Abu Dhabi.



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