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    Dubai Drydocks buys majority stake in Pan-United Marine

    News // June 1, 2007

    Dubai Drydocks World LC (DD World), the recently-launched maritime holding company that is part of Dubai World, has acquired a 70 per cent stake in Pan-United Marine shipyard in Singapore, by making a voluntary conditional cash offer.

    Pan-United is a well-known builder of a range of vessels including offshore support vessels.

     

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