ABL signs MSA with Egypt’s Timsah Shipbuilding Company
Timsah Shipbuilding Company, the marine and offshore arm of the Suez Canal Authority and a leading Egyptian maritime provider, has signed a strategic Master Service Agreement (MSA) with ABL, the global energy and marine consultancy group, during EGYPES 2026.
The two-year agreement establishes a framework for ABL to deliver a full suite of marine assurance and risk management services to support Timsah’s offshore fleet and operations. Services will be executed on a call-off basis and include vessel inspections, technical audits, DP assurance, pre-purchase surveys, and advanced engineering consultancy such as FMEA and FMECA.
With operations across its shipyards in Ismailia and Alexandria, Timsah Shipbuilding Company continues to expand its capabilities in shipbuilding, ship repair, and offshore support services, supported by a modern fleet including DP2-class vessels.
ABL Egypt will deliver services through its Cairo-based marine, DP, and engineering teams, combining strong local expertise with ABL’s global standards and methodologies.
What the Leadership has Said
“This agreement reflects the strength of our long-standing relationship with Timsah Shipbuilding Company. We are committed to supporting their operational excellence through reliable, high-quality marine assurance and engineering services, delivered with the advantage of local expertise and global reach.”
Capt. Tamer Gamil, Country Manager, ABL Egypt
“At Timsah Shipbuilding Company, we are continuously advancing our operational capabilities to meet the highest international standards in safety, performance, and reliability. This agreement with ABL represents a strategic partnership that strengthens our technical depth and supports the efficient and sustainable growth of our offshore fleet. We remain committed to delivering world-class maritime and offshore services that reinforce Egypt’s position as a regional hub for maritime excellence.”
Engineer Ahmed Ibrahim Moustafa, Chairman of Timsah Shipbuilding Co.
About ABL Egypt
ABL has been active in Egypt since 2018 (formerly LOC), maintaining a leading market position in marine assurance and DP services. With the in-country expansion of its sister company, the design and engineering branch of ABL Group – Longitude, ABL delivers a fully integrated offshore, engineering, and design offering via a local Cairo-based team.
About Timsah Shipbuilding Company
Timsah Shipbuilding Company is a leading Egyptian shipyard and offshore services provider, operating under the Suez Canal Authority. With facilities in Ismailia and Alexandria, the company specializes in shipbuilding, ship repair, and offshore support services. Timsah manages a modern and expanding fleet of offshore vessels, including DP2-class units, and plays a vital role in supporting maritime, energy, and logistics sectors in Egypt and the region. The company is committed to delivering high-quality, reliable, and sustainable solutions in line with international standards.
Vessel Safety & Performance: Discuss Marine Assurance Solutions with ABL Egypt
Meet the ABL Egypt team all this week at EGYPES 2026:
When: 30 March – 1 April 2026
Where: Stand 2F49, Hall 2