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ASRY and Priya Blue launch ASRY Green Ship Recycling joint venture in Bahrain
Bahrain’s Arab Shipbuilding and Repair Yard Company (ASRY) and Priya Blue Group recently unveiled the brand identity of their joint venture, which will be called ASRY Green Ship Recycling, during ADIPEC 2026 in Abu Dhabi.
The official launch of the new business brand builds on the partnership between the two companies announced earlier this year, This has now progressed into an active operational stage with the commencement of its first ship recycling project at ASRY in Bahrain. Best Oasis is serving as the vessel acquisition and commercial partner for the joint venture, which brings together ASRY’s industrial and maritime infrastructure and capabilities with Priya Blue’s decades of experience in the recycling of ships and complex marine assets.
Commenting on the occasion, Dr. Ahmed Al Abri, Chief Executive Officer of ASRY, said: “The brand identity reflects our shared vision with Priya Blue to establish a leading presence in the region’s ship and marine asset recycling sector, where we see significant opportunities for growth. Through ASRY Green Ship Recycling, we aim to build a competitive and sustainable business and attract larger and more diverse projects in the coming period, further strengthening the Kingdom of Bahrain’s position as a regional hub for ship and marine asset recycling in line with the highest standards of safety and sustainability.”
In another significant initiative ASRY is joining forces with stc Bahrain to introduce Bahrain’s first commercial Private 5G network which will be deployed across the yard to support its operations and improve overall efficiency. This initiative aims to enable shipyard automation and AI-powered services such as CCTV for intelligent monitoring, Digital Twin solutions to optimise asset performance, and autonomous inspection robots to enhance safety. Furthermore, the network facilitates a range of automated operations, including robotic hull cleaning, welding and surface preparation.
Shaikh Mohammed bin Rashid Al Khalifa, Deputy Chief Executive Officer at ASRY, commented: “This further strengthens our efforts to transform our operations by harnessing the potential of digitalization and automation, while enabling more accurate decision-making through real-time data analytics.”
