Dubai Drydocks, part of Dubai World, will acquire the management of Jadaf Dubai shipyard and integrate their business under one management, a senior official said.
“The process has started. It may be completed when we move to Dubai Maritime City or at some later stage,” Jadaf general manager Hamed Mohammad Bin Lahej told Gulf News. The two entities are owned by the Dubai government and are now part of Dubai World, a new holding company that includes DP World, Nakheel, Istithmar and Jebel Ali Free Zone.