Dubai – Mubasher: Gulf Navigation has started studying the establishment of a huge operation base in the North of United Arab Emirates, according to a press release on Saturday.
The maritime base will provide a space for a number of operations, including ship manufacturing and maintenance, installations, and logistics.
Project development will be carried out through three phases, said the company revealing no details over the estimated costs.
Earlier, the company announced that it will acquire a huge maritime fleet.
Khamis Juma Buamim – Board Member, Managing Director and Group CEO, said, "in case of the completion of this transaction, Gulf Navigation Holding will witness an unprecedented Expansion in its Maritime Fleet, Vessels’ Management Services and other Maritime Services."
