Zamil set to spin off vessel operating division

摘要

Zamil Offshore is undergoing a comprehensive restructuring programme aimed at spinning off of its three divisions into affiliated companies. According to Zamil's Hassan Abouraya, this will enable each division to grow either organically or via joint ventures, acquisitions and mergers. The group has the marine operations division - spanning vessel ownership and operations - a shipbuilding and repair division and an offshore engineering and construction service.