Bahrain – Bahrain’s Nas Marine Shipbuilding Company announced the successful signing of a Memorandum of Understanding (MoU) with Saudi-based High Seas Marine and Industrial Services at a recent event held at the Wyndham Grand Manama Hotel in Bahrain Bay.
The agreement is a strategic step towards strengthening cooperation between the two organizations in the areas of marine services, shipyard operations and industrial support throughout the Gulf region.
The signing ceremony was attended by Mr. Sameer Nath, Chairman of Nath Corporation, Mr. Sami Nath, Vice Chairman and Managing Director, and Mr. Mazen Matar, Chief Executive Officer.
Representatives of High Seas Marine Industrial Services included Mr. Fawaz Al Tamimi, Executive Vice President of Al Tamimi Group, Mr. Ahmed Al Tamimi, Chairman of High Seas Marine Corps, and Mr. Vladimir Podubny, CEO.
During the meeting, both parties highlighted their shared commitment to share a long-term cooperative relationship, strengthen technological expertise, and leverage the collective strengths of both companies to expand business opportunities and deliver enhanced value to customers in Bahrain, Saudi Arabia, and the broader GCC market.
This MoU establishes a framework for future joint initiatives aimed at supporting the continued growth and competitiveness of the region’s maritime and industrial sectors.
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