Article: Grandweld wins French vessel contract.

Byline: Dubai

Grandweld, a UAE-based shipbuilding, ship repair and conversion specialist, has been awarded the contract for building one new vessel for CGGVeritas Services of France.

Grandweld is a part of the Dubai-headquartered GMMOS Group, a portfolio company of Abraaj Capital, the Middle East's premier private equity firm.

The 25.9 metre workboat is another international order for the aluminium ship building division of Grandweld.

Grandweld general manager Jamal Abki said: "We had very strong competition during the bidding process, however our demonstrated experience, quality and short delivery time gave Grandweld the edge to win ...

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