International Maritime Industries (IMI), destined to be the largest shipyard in the MENA region, has recently signed ten new agreements worth up to SAR 1.3 billion as its ramps up preparations for full scale opening.
Six of the agreements, signed with ESAB, Gulf Cryo, Euroblast, Acceleron, and ElectroMech, are focused on enhancing IMI’s business operations across a range of areas including shipbuilding, ship repair and marine engineering.
The remaining agreements were signed with leading Saudi training institutions and academies, including the National Industrial Training Institute (NITI), Saudi Petroleum Services Polytechnic (SPSP), National Maritime Academy (NMA) and National Power Academy (NPA), to support, enhance, and further expand IMI’s apprenticeship program.
IMI, a joint venture between Saudi Aramco, Bahri, Lamprell and HHI, will provide newbuild and maintenance, repair, and overhaul services for commercial vessels, including VLCCs, bulk carriers, offshore support vessels and offshore jackup rigs.
The post IMI signs multiple agreements appeared first on Latest Maritime & Shipping News Online – The Maritime Standard.