Abu Dhabi Ship Building (ADSB) was set up in 1996.
Mode of Finance
The company is now owned 30% by the US’ Newport News Shipbuilding, 10% by France′s Constructions Mecaniques de Normandie (CMN), 18.5 per cent by Abu Dhabi National Oil Company (ADNOC) on behalf of the Abu Dhabi government, and 41.5 per cent by UAE nationals.
(last updated: 31-May-2008)
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