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25 May 2019 The on-line newspaper devoted to the world of transports 05:49 GMT+2

February 21, 2019

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Agreement of maximum Fincantieri - Abu Dhabi Shipbuilding in order to explore collaboration forms

Soon the signature of a memorandum of understanding

In the course of the International Defence Exhibition & Conference (IDEX) 2019, than it is shut today to Abu Dhabi, Fincantieri and Abu Dhabi Shipbuilding (ADSB), group leader in the United Arab Emirates specialized in the construction, repair and refitting of military and mercantile ships, they have announced to have reached a maximum agreement in order to in future explore forms of industrial and commercial collaboration in the segment of the navalmeccanica of the United Arab Emirates.

The Italian company has explained that the agreement, to detail soon with the signature of a memorandum of understanding, re-enters in the strategy of development of Fincantieri in Middle East, in order to promote the development of the local activities is in the shipbuilding section of the naval one that in that of the services and activity of post sale in the region.

Fincantieri and ADSB will constitute a working group in order to define and to prepare where proposed common, maximizing possible the local content, for the future programs that involve Marina emiratina and for infrastructure Critical Authority and Coastal Protection (CICPA), relative to the construction of new units, let alone for the activities of refitting and maintenance of the future fleet of Marina Militare of the United Arab Emirates.

Fincantieri has emphasized to have consolidated in the last decade an optimal relationship with Marina Militare of the United Arab Emirates. In fact, it is present on the local market from 2008 and has delivered in 2013 three ships constructed in the Italian yards of the group, a corvette class "Abu Dhabi" of 90 meters of length and two pattugliatori class "Falaj 2", all operating inside of the fleet of Marina EAU. Moreover it has created joint venture Etihad Ship Building in order to support the maintenance and the full operativity of the units delivered to Marina of the Emirates.

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