SAFEEN Drydocks has secured contracts worth $354 million to build multipurpose vessels and marine support units. These contracts aim to enhance the UAE's shipbuilding capabilities and support the region's maritime industry. The projects are part of efforts to strengthen local manufacturing and service provision in the maritime sector. SAFEEN Drydocks is collaborating with AD Ports Group and Oilbank Logistics on these initiatives. This development reflects ongoing investment in the GCC's maritime infrastructure and shipbuilding capacity. The contracts are expected to contribute significantly to the UAE’s position as a regional maritime hub.