Abu Dhabi Ship Building (ADSB) is a UAE Public Joint Stock Company listed on the Abu Dhabi Securities Market. The company is located in the Mussafah Industrial Area of Abu Dhabi and is engaged in the new construction and refit, repair and maintenance of both naval and commercial vessels. In business since 1996, ADSB operates a modern, world-class, shipyard facility that includes a shiplift and land level transfer system capable of handling vessels up to 2000 tons in weight and 85 meters in length. In the past eleven years, ADSB has built more than 100 new vessels in steel, aluminium and composites. The company also performs approximately 175-200 ship repair/refit jobs each year. ADSB has an order book in excess of AED 2.5 Billion. ADSB is owned 10% by the Abu Dhabi Government, 40% by Mubadala Development Company, and 50% by more than 6,000 UAE national shareholders.