Arab Shipbuilding and Repair Yard Company

What Arab Shipbuilding and Repair Yard Company does

Arab Shipbuilding and Repair Yard Company ("ASRY") is a privately-held maritime industrial hub headquartered in Hidd, Kingdom of Bahrain, founded in 1977. ASRY operates an integrated single-yard platform delivering six core services: ship repair and conversion (over 4,120 projects completed across four decades), rig repair and conversion for offshore jack-up rigs and barges (close to 200 projects), naval repair and conversion for GCC-region Navy and Navy Support vessels including mobile team deployment, environmentally-responsible ship recycling, full-cycle shipbuilding from naval-architecture design through sea trials and handover, and turnkey industrial fabrication across mechanical, electrical, and structural engineering. These services are supported by five in-house technical capabilities: specialised workshops, supply chain, specialist contractors, customer care, and classifications.

The underlying technology stack is conventional heavy-industrial: CAD-based digital planning and testing for naval architecture, steel cutting and welding for block fabrication, dry dock assembly, and outfitting with engines, HVAC, wiring, cabins, and control systems. No AI/ML, software platforms, or digital products are referenced. The reported workforce is 3,000++ personnel (versus a 251-500 range in firmographic data — a noted discrepancy), operating from a single physical yard in Bahrain.

ASRY's revenue mechanics are project-based professional services across multiple verticals. No pricing is publicly disclosed; engagement occurs via a Services Enquiry Form on the corporate website and through an international agents network. Customer segments comprise global ship owners and managers (commercial shipping), offshore jack-up rig operators (oil and gas), GCC naval forces (government/defense), industrial fabrication clients (project/turnkey), and green-minded vessel owners (recycling). No customer logos, contract values, or revenue concentration figures are publicly available.

Name

Arab Shipbuilding and Repair Yard Company

Legal name

ASRY (Arab Shipbuilding & Repair Yard)

Website

https://asry.net

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

251–500 employees

Short description

ASRY is a Bahrain-based maritime industrial hub founded in 1977 that provides ship repair, conversion, shipbuilding, rig repair, naval services, ship recycling, and industrial fabrication to global ship owners, offshore rig operators, and GCC naval forces.

Ownership category

akta.pro rank

Product category

Maritime Shipyard Services

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Commercial Ship Repair & Drydocking (TLAKAKAA)

akta.pro secondary industries

Container Ship Shipbuilding (IMAJAAAB), Engine & Mechanical Overhaul (Main/Aux Engines, Pumps, Valves, Compressors) (TLAHAMAD), Retrofits, Upgrades & Compliance Conversions (Scrubbers, BWTS, Alternative Fuels, Energy-Saving Devices) (TLAHAMAI), Underwater Hull Inspection, Cleaning & Propeller Services (TLAKAKAJ)

Keywords

• Ship repair services
• Shipbuilding
• Rig repair
• Marine fabrication
• Ship recycling

Headquarters

HQ city

Hidd

HQ country

Bahrain

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D

Revenue model

1. Ship Repair & Conversion Services: Project-based revenue from ship repair and conversion services for global owners and managers, with over 4,120 projects completed in four decades
2. Rig Repair & Conversion: Specialized repair and conversion services for offshore jack-up rigs and barges in the oil and gas sector, with approximately 200 projects completed
3. Shipbuilding: Full vessel construction from design through sea trials, delivering completed ships to customers
4. Naval Repair & Conversion: Repair and maintenance services for Navy and Navy Support ships operating in the GCC Region, including dock repairs and mobile repair team deployment
5. Industrial Fabrication: Turnkey fabrication and construction projects from conception through delivery for mechanical, electrical, and structural engineering requirements

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

ASRY operates a single integrated shipyard platform in Hidd, Bahrain delivering ship repair and conversion, rig repair and conversion, naval repair and conversion, shipbuilding from design through sea trials, industrial fabrication, and environmentally-conscious ship recycling. The yard combines in-house naval architects, engineers, specialized workshops, dry docks, and CAD-based digital planning to serve global ship owners, oil and gas rig operators, GCC naval forces, and industrial fabrication clients.

Product overview

ASRY (Arab Shipbuilding & Repair Yard) is a maritime industrial hub established in 1977 offering a comprehensive portfolio of shipyard services. The company operates as a single integrated platform providing six core services: Ship Repair & Conversion (with over 4,120 projects completed), Rig Repair & Conversion (specializing in offshore jack-up rigs and barges), Naval Repair & Conversion (for GCC region naval operations), Ship Recycling (environmentally-conscious vessel end-of-life management), Shipbuilding (full design-to-handover services using CAD tools), and Industrial Fabrication (turnkey construction projects). These core services are supported by five technical capability areas: Specialised Workshops, Supply Chain, Specialist Contractors, Customer Care, and Classifications. ASRY serves global owners and managers as well as regional clients across the Middle East, with facilities in Hidd, Kingdom of Bahrain, employing over 3,000 personnel.

Differentiator

Problem solved

Functional benefit

Products and services

• Ship Repair & Conversion

Quantifiable outcome

• Over 4,120 ship repair and conversion projects completed in four decades
• +1 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Sustainability Forum Middle EastcoreGTM or Marketing Partner · 1 January 2026ASRY announced as a forum partner for the Sustainability Forum Middle East fourth edition in January 2026. ASRY, as a maritime industrial hub, will participate in supporting regional decarbonization efforts through investments like a large solar energy project.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• McDermott International: Global engineering, procurement, construction, and installation (EPCI) provider for offshore energy projects. Comparable through offshore and marine infrastructure work, but operating at a much larger scale with full EPCI scope.
• Royal IHC: Netherlands-based supplier of maritime technology, equipment, and services for dredging, offshore, and naval markets. Comparable through supply chain support to shipyards and overlap in specialized marine equipment and fabrication.

Direct peers

• Damen Shipyards: Global Dutch shipbuilder with extensive ship repair, conversion, and newbuild capabilities across multiple vessel classes. Comparable in full-service shipyard offerings and modular shipbuilding approach.
• Abu Dhabi Ship Building (ADSB): UAE-based naval and commercial shipbuilder/repairer serving GCC naval forces and commercial clients. Comparable business model combining naval newbuild, ship repair, and conversion with strong regional government ties.
• Drydocks World: Dubai-based shipyard providing ship repair, conversion, and offshore fabrication services across the Middle East. Direct competitor in the regional ship repair market with comparable graving dock and rig repair capabilities.
• Lamprell: UAE-based provider of offshore and onshore engineering, rig repair, and construction services for the energy sector. Directly comparable in offshore rig MRO and conversion, with similar regional customer base.
• Sembcorp Marine: Singapore-based integrated shipyard offering shipbuilding, ship repair, offshore engineering, and conversion services. Compares in full lifecycle shipbuilding and rig repair capabilities, though at much larger scale.
• Hyundai Mipo Dockyard: South Korean mid-sized shipyard building and repairing tankers, bulk carriers, and container ships. Comparable in commercial shipbuilding and repair operations, with lower labor cost base as a competitive pressure point.
• VARD (Fincantieri): Norway-based shipbuilder specializing in offshore vessels, naval ships, and complex offshore/newbuild fabrication. Comparable in offshore and naval vessel construction and conversion work.

Regional players

• Bahri (National Shipping Company of Saudi Arabia): Saudi Arabia-based global shipping operator serving as a major regional customer for ship repair and conversion services. Comparable in GCC maritime ecosystem but operates vessels rather than a shipyard.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCWWj3ROYnl9SZTgljKincdA
• LinkedInbh.linkedin.com/company/asrybh
• Instagraminstagram.com/asrybh
• TikToktiktok.com/@asry.bh

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arab Shipbuilding and Repair Yard Company