Abu Dhabi Ship Building to open talks with STXNews // March 16, 2010
The National newspaper in the United Arab Emirates (UAE) says South Korea’s STX Offshore and Shipbuilding plans to open talks this year with Abu Dhabi Ship Building (ADSB) to help it break into the regional market for offshore support vessels.
STX, which already operates in Europe, South America and South East Asia, is seeking opportunities in the Middle East, said HJ Park, the managing director of STX Middle East, a subsidiary in Dubai.
“We want our business to extend into the Middle East area. Working in the design and engineering area could be an advantage for STX,” he said on the sidelines of the Korea-Abu Dhabi Business Forum, which took place last week under the auspices of the Department of Economic Development.