Abu Dhabi: Adnoc subsidiary Esnaad, a marine and supply base services company, has ordered five new vessels from Singapore at a cost of $60 million as part of its fleet replacement, a top company official revealed.
Darwish A. Al Qubaisi, General Manager, said that the fleet replacement process is ongoing to meet the expansion needs of the company.
“The five new vessels two anchor handling vessels and three work boats will be built by Singapore-based Labroy Shipbuilding and Engineering. Deliveries are expected to be in 2008,” Al Qubaisi said.