Balenciaga Shipyard Resumes Operations with Keel Laying Ceremony, Signaling Revival
Balenciaga Shipyard, a historic shipbuilding facility in the Basque Country, has restarted operations with a keel laying ceremony for its first vessel under new ownership. The event, held in Zumaia, Gipuzkoa, marks a significant milestone in the shipyard's recovery and renewal. The ceremony was attended by representatives from AD Ports Group, the Basque Government, and other institutional partners. Balenciaga Shipyard, known for its century-long history in the Spanish naval industry, was recently acquired by SAFEEN Drydocks, a subsidiary of AD Ports Group from Abu Dhabi. This acquisition has ushered in a new phase characterized by renewed investment and industrial ambition. The shipyard is now focusing on building offshore support tugs, aiming to secure contracts in the growing offshore wind sector. 
