JAK signs contracts for 3 new vessels, bringing current vessels under-construction to 5.

During a pleasant informal meeting on February 16, 2025, between Mr. Arnout Damen, CEO of Damen Shipyards, and Mr. Baydaq Al Jazaeri, Chairman of JAK, it was agreed to procure several new-built vessels from Damen.

The contract was officially signed on 5th of March 2025 between the Parties, finalizing the purchase of an ASD tug and various Stan tenders.

This purchase follows JAK’s recent award for integrated marine services, including technical expertise and personnel, software engineering and delivery, and inspection and compliance management. As part of the project, two additional vessels will be deployed, with one already in service and the other planned for deployment at a later date.

The current vessels ordered on the 5th of March will join the already under construction vessels for various other projects. The new vessels are scheduled for delivery during 2025 and 2026.

JAK and Damen Shipyards share a long history of collaboration, having worked together on numerous projects and built mutual trust over many years of successful cooperation.