International Maritime Industries
In 2017 Lamprell signed a joint venture agreement with Saudi Aramco, national shipping carrier Bahri and Hyundai Heavy Industries to establish and operate a maritime yard in the Kingdom of Saudi Arabia. The yard, officially branded as International Maritime Industries (IMI), will provide a broad range of services to the oil & gas and maritime industries, with the primary focus being the construction and maintenance, repair and overhaul (MRO) of offshore rigs, commercial vessels and offshore service vessels. When complete, IMI will be the largest full-service maritime facility in MENA.
The yard is part of a development known as ‘The King Salman International Complex for Maritime Industries & Services’. Lamprell has two representatives on the IMI Board.