Abu Dhabi Ship Building opens talks with STX

Posted on Mar 15th, 2010 with tags .

South Korea’s STX Offshore and Shipbuilding, the world’s fourth-largest marine builder, plan to open talks this year with Abu Dhabi Ship Building (ADSB) to help it break into the regional market for offshore support vessels. The budding alliance between STX and ADSB, based in Musaffah, is part of a wave of new connections between UAE and South Korean companies after the US$20.4 billion (Dh74.92bn) nuclear plant contract that Emirates Nuclear Energy Corporation awarded to Korea Electric Power Company (KEPCO) in December.

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