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2016 November 29   12:36

Gulf Navigation plans to expand its fleet

In line  with its future expansion plans and with the support of its board, Gulf Navigation Holding signed a strategic contract  with Deloitte  assigning Deloitte to provide the  necessary  advisory support to Gulf Navigation in the upcoming acquisition of a large shipping fleet.

HE Khamis Juma Buamim  – Board Member, Managing Director and Group CEO  – said  “ this  upcoming  acquisition represents an  important step towards achieving the company’s strategic goal in being a reliable arm for the maritime industry in the UAE and the region.  With  the  completion of  this acquisition, Gulf Navigation Holding  will  witness  an  unprecedented  expansion of its  shipping  fleet,  ship management  services and  other  maritime services’.

Mr.  Khamis  further informed that ‘ by this Gulf Navigation will become a competitive provider of a wide range of  services to the maritime industry in the region. Our services will expand  beyond chemical carriers by including other ship types, off shore services, shipping services as well as ship building and repair.”

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