
Bahrain’s Arab Ship Shipbuilding and Repair Yard (ASRY) has recently signed a Memorandum of Understanding with ONEX Shipyards Greece with the aim of working together to share knowledge and experience in the shiprepair and other sectors.
Mazen Matar, Managing Director and Board Member of ASRY, signed the MoU on behalf of ASRY with his counterpart, Panos Xenokostas, ONEX’s President and CEO. Matar said: “For decades now, ASRY has been working with and providing its services to the major Greek ship owners. The signing of this MoU strengthens these relations and takes them to broader dimensions not only for the repair and maintenance of Greek ships, but for entering partnerships with the Greek shipyards.”
Recently ASRY set a new record for the longest period in the yard’s history without a lost time incident (LTI). On 13th April, the yard surpassed 10 million manhours without an LTI, its longest recorded period of yard-wide safe work since the company was founded in 1977. Matar said, “We are extremely proud of the achievement considering the strong volume and diversity of work that has occurred throughout the period. Safety success does not come from a single initiative, but from a multi-faceted cultural shift on an institutional level, that has only been possible through the hundreds of initiatives, process-changes, procedural updates, integrity of processes and procedures, teamwork, and personal commitments to safety guidelines.”



















