VOL. XXXII
NO. 24
20-MARCH-1989
OAPEC
ASRY Abandons Plans for Panamax-Size Floating Dock
The OAPEC-sponsored Bahrain-based Arab Shipbuilding and Repair Yard (ASRY)has abandoned its plans to purchase a second-hand Panamax-size floating dock -which was estimated to cost some $50mn - after having searched for such a dockfor over a year (MEES, 8 February 1988). ASRY apparently conductednegotiations for over nine months with the King Fahd Ship Repair Yard of SaudiArabia for the purchase of one of their...
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