Dr Mohammed Al Barwani, Chairman, Oceanco Wins the "Innovation and Excellence" Award at World of Yachts Recognition Awards 2012

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Mar 15, 2012, 04:15 ET

ALBLASSERDAM, The Netherlands, March 15, 2012 /PRNewswire/ --

Dr Mohammed Al Barwani, of the Sultanate of Oman and Chairman - Oceanco, Received the World of Yachts Recognition Award During the Prestigious Gala Dinner Held at the One & Only Royal Mirage Hotel in Dubai.

"It is an honor to be recognized by leaders from the Middle Eastern Maritime Industry. In only 25 years Oceanco has established its name within the superyacht industry as the premier builder of 80-90m super yachts. I have been witness to the launch of twenty three of the world's finest luxury yachts," said Dr. Al Barwani, beaming with pride. He added, "I am dedicated to seeing that Oceanco continues to be at the cutting edge of innovation, technology and design, building iconic yachts for today and tomorrow."

Dr Barwani warmly thanked the Dubai World Trade Center representative, Mr Shubir Khattau, the Publisher of The World of Yachts and Boats magazine, Mr Nabil Farhat and Mr Mohammed Shamma, President of AMIA - Arab Marine Industries Association.

Describing the event, Nabil Farhat said, "This award has been conferred upon Dr. Barwani for his leading role at Oceanco Yachts and his outstanding contribution to the Super Yacht World.

"As a direct response to market demands, Oceanco is continuing to move forward with implementing its plans for constructing a new yacht-building facility to accommodate yachts up to 145 meters in length. In keeping with Oceanco's vision for the future, its new high tech facility - capable of being expanded in the future - is expressly designed and purpose-built for the exclusive function of building 100+ meter yachts."

Dr. Mohammed Al Barwani is the founding chairman of the MB Group of Companies, which is headquartered in the Sultanate of Oman. Some of the key group companies are MB Petroleum Services, Petrogas E & P, Mawarid Mining Company and United Engineering Services. Employing more than 6000 employees from over 51 nationalities across 4 continents, the MB Group of companies have completed 30 years of operations in 2012.

http://www.oceancoyacht.com

SOURCE Oceanco