June 28, 2005

Oman plans giant repair yard

According to reports from the Oman and Korean media, Oman has signed an agreement with Daewoo Shipbuilding and Marine Engineering that could lead to the construction of the largest ship repair yard in the Far East.

Plans are for the yard to be located at Duqm on Oman's central coast. It will be capable of repairing the largest tankers and would be operated by Daewoo under the Daewoo name.

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