ASRY

AcronymDefinition
ASRYArab Shipbuilding & Repair Yard
ASRYAssociation des Stomatisés Richelieu-Yamaska
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The HMS Ocean is the sixth Royal Navy vessel now docked at Asry, a new record for the number of simultaneous Royal Navy ships at the yard at one time thanks to framework agreement between Asry and Babcock International.
The project is on the high specification jack-up rig 'Bob Palmer', one of the largest jack-up rigs in the world, owned and operated by Rowan Companies, which is one of the world's leading providers of offshore contract drilling services, and long-term client of Asry's.
The event was attended by the yard's Chairman Shaikh Duaij Bin Salman Al Khalifa, Alternate ASRY Board Director Hassan Ali Al-Majid, ASRY Chief Executive Nils Kristian Berge and BCG Commodore Ala Abdullah Sayadi.
"The contribution to total sales for 2014 (up to June 30) is approximately 46 per cent, which is a significant amount, and reflects the importance of the geographical area to Asry's business.
Saudi Arabia is a fundamental part of Asry business as not only is there direct business from the kingdom, but also has a large proportion of regional fleets that are guided by and must adhere to Saudi standards, he said.
Asry acting chief executive Magdy Mustafa echoed the same sentiment.
Asry said the certification affirms that tailshaft repairs done by it are carried out in accordance with the standards and rules of ABS, which is one of the leading global classification societies for quality assurance in marine-related facilities.
Officers from the BCG and ASRY Management and employees attended the event which marked the official start of production.
He said that the duration of the contract is 25 years and Gulf Marketing House will provide Asry's entire requirement for sweet water for the yard and related operations, in addition to supplying sweet water to Asry's workers' quarters.