ASRY holds its 155th Board Meeting on Monday 11th March 2019 at the Company’s Headquarters.

14.03.2019

The Arab Ship Building and Repair Yard (ASRY) held its 155th Board Meeting on Monday 11th March 2019 at ASRY’s Headquarters In Hidd, Kingdom of Bahrain in the presence of the new Board of Directors for the new 12th Board of directors term which started January 7th, 2019, as well as members of the Executive Management Team and the Secretary of the Board of Directors.

At the beginning of the meeting, HE Sheikh Daij bin Salman bin Duaij Al Khalifa, Chairman of the Board of Directors for the previous 11th term, welcomed the attendees, new Board of Directors and the Executive Management members and wished the success for the meeting.

After the meeting HE Shaikh Duaij Bin Salman Bin Duaij Al Khalifa made the following statement: “The meeting was fruitful and constructive, during which the company’s matters were reviewed including ways of supporting the development and progress of the company in order to provide its services at the highest levels of quality, professionalism and efficiency to the local, regional and international clients , especially as it is one of the oldest Arab companies in the field of ship repair and shipbuilding with long years of experience operating under The Arab Petroleum Exporting Countries (OAPEC) Umbrella as it was established in 1973, and started operating in 1977 about 42 years ago.

HE Shaikh Duaij stated that the Board of Directors discussed with a great attention the issue of Bahrainization in the company in accordance to the Bahraini Cabinet resolution issued during its meeting held on February 25th, 2019 headed by His Royal Highness Prince Khalifa bin Salman Al Khalifa, the Prime Minister and the directives from the Coordination Committee chaired by His Royal Highness Prince Salman Bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister regarding the Bahrnization of jobs in the public sector and government owned companies in upper management, intermediate and technical positions where possible. The meeting also reviewed the progress of the company’s business and financial activities in accordance with the implementation of the company’s current strategic plan.

About ASRY

About ASRY

ASRY (Arab Shipbuilding & Repair Yard) is the Arabian Gulf’s leading maritime repair and fabrication facility. Founded in 1977 in Bahrain, the multi-service yard operates in four sectors – Ship Repair & Conversion, Rig Repair & Conversion, Naval Repair & Conversion, and Fabrication & Engineering.