

Arabian Gulf’s maritime repair and fabrication facility ASRY and India’s Priya Blue Group have joined forces to create a ship recycling venture in Bahrain.
The deal brings together the Arab Shipbuilding & Repair Yard Company (ASRY) with India’s ship recycling yard Priya Blue, establishing what the companies describe as the Middle East’s largest ship recycling facility.
“Together, we will deliver dry dock, slipway and alongside recycling for vessels up to ULCC size, alongside FPSOs, FSOs, rigs and complex offshore assets,” Priya Blue Group said in a statement Tuesday.
Anchored in Bahrain, the partnership gives Priya Blue a global footprint beyond South Asia. “This is not an experiment,” the company claims and describes the move as “a deliberate expansion of a proven operation.”
The two partners have formally launched their joint venture following the arrival of the first vessel for recycling in Bahrain.
The companies claim the joint venture will operate in alignment with the principles of the Hong Kong Convention (HKC) and EU Ship Recycling Regulations (EU SRR).
Arab Shipbuilding & Repair Yard Company, known as ASRY, is a maritime repair and fabrication facility founded in 1977 in Bahrain.
ASRY’s operates in four sectors, including ship repair and conversion, rig repair and conversion, naval repair and conversion, and fabrication and engineering.
Priya Blue Group is India’s ship recycling facility.