ASRY Signs New Agency Deal at Europe’s Largest Expo

16.06.2019

Shipyard uses Oslo’s Nor-shipping 2019 – the biggest maritime exhibition in Europe – as opportunity to strengthen representation with Ulrik Qvale & Partners.

ASRY, The Arabian Gulf’s leading maritime repair and fabrication facility, has used its presence at this year’s Nor-shipping exhibition in Oslo, to strengthen its representation in the territory by signing a new agreement with Ulrik Qvale & Partners (UQP). The accord, effective from 12 June 2019, will assign UQP as the exclusive representatives of ASRY within the Norwegian market.

Magdy Sharkawy, ASRY Ship Repair General Manager confirmed the positive impact the deal will have on ASRY’s reputation in Norway. “Having been streamlining our Agent network over the past two years we have seen tangible benefits from being represented by agents with multiple principals and diverse revenue streams. UQP represents over 25 companies, across different maritime sectors, and we’re confident this mix will expand our business in the important Norwegian market.”

Oivind Qvale, UQP Managing Director, commented, “Adding ASRY to our portfolio of clients allows us to offer our wide customer base of ship owners and managers a leading yard in the Middle East as an option in their repair strategies. Both ASRY and UQP have more than 40 years of experience and reputation, so combining our offering will create some interesting synergies.”

This year, Nor-shipping has set a new record by filling the entire 22,500 sqm exhibition floor space that the Oslo-based exhibition hall has to offer. With over 30,000 delegates visiting more than 1,000 exhibitors, the show offers ASRY an ideal platform to connect with clients from Northern Europe, as well as other global customers that descend upon the Norwegian city every two years.

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.