{"id":71755,"date":"2023-06-26T00:00:00","date_gmt":"2023-06-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/06\/26\/ad-ports-group-partners-with-premier-marine-to-provide-drydocking-services-at-khalifa-port\/"},"modified":"2023-06-26T00:00:00","modified_gmt":"2023-06-26T00:00:00","slug":"ad-ports-group-partners-with-premier-marine-to-provide-drydocking-services-at-khalifa-port","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/06\/26\/ad-ports-group-partners-with-premier-marine-to-provide-drydocking-services-at-khalifa-port\/","title":{"rendered":"AD Ports Group partners with Premier Marine to provide drydocking services at Khalifa Port"},"content":{"rendered":"

<\/span>AD Ports Group and UAE-based shipbuilding and repair outfit <\/span>Premier Marine<\/a><\/span>Engineering Services<\/a><\/span> (Premier Marine) have formed a joint venture<\/span> dubbed Safeen Drydocks to provide drydocking services at Khalifa Port, according to <\/span>Wam<\/a><\/span>. The JV will provide a range of services critical to the UAE\u2019s marine sector, including drydocking, afloat repairs, ship building and refurbishment, the statement explained.<\/span><\/p>\n

Ownership breakdown of the JV:<\/span> AD Ports Group is the majority shareholder, with a 51% stake of the JV. The 49% remainder is owned by Premier Marine.<\/span><\/p>\n

The details:<\/span> The JV\u2019s operational hub will be located at a 45k square meter shipyard and repair facility at Abu Dhabi\u2019s Khalifa Port, Wam said. The hub will encompass a 350 meters quay wall for vessel afloat repair and a floating drydock for vessel maintenance and refurbishment. <\/span><\/p>\n

The hub will be equipped to handle a range of vessels<\/span>, including tankers, bulk vessels, container ships, offshore vessels and jack-ups. <\/span><\/p>\n

Work at the shipyard has already kicked off<\/span>, with construction of two barges for a UAE-based client underway at the facility. Operations at the drydock are slated to begin in July. <\/span><\/p>\n

What they said: <\/span>\u201cThe establishment of Safeen Drydocks is a milestone development for Safeen Group as it significantly broadens our scope of services and ability to serve the regional maritime industry,\u201d acting CEO of AD Ports Group subsidiary <\/span>Safeen Group<\/a><\/span>, Ammar Mubarak Al Shaiba, said in the statement. <\/span><\/p>\n

Background:<\/span> AD Ports Group has been on a drive to boost maintenance and shipbuilding capabilities at its flagship Khalifa Port with a <\/span>statement in May<\/a><\/span> citing a need \u201cto meet the growing demand for these services from regional and international clients.\u201d The latest JV initiative follows a 25-year contract AD Ports Group <\/span>inked<\/a><\/span> earlier this month with Singapore\u2019s Crystal Offshore to establish a marine vessels maintenance facility at Khalifa Port. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The two will form a JV to provide a range of services to a wide variety of vessels, as part of a wider initiative to boost maintenance services at the port<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[778],"tags":[168,17,34,129],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-71755","post","type-post","status-publish","format-standard","hentry","category-maritime","tag-ad-ports","tag-enterprise-logistics","tag-maritime","tag-uae","wpautop","entry"],"acf":{"mongo_id":"840c8b66-5da2-43e0-a795-6843ddd037c3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/6\/1257.jpg,https:\/\/wam.ae\/en\/details\/1395303172487","photo_position":"above","homepage_title":"","full_issue_title":"AD Ports Group partners with Premier Marine to provide drydocking services at Khalifa Port","related_issue":[71748],"teaser":"The two will form a JV to provide a range of services to a wide variety of vessels, as part of a wider initiative to boost maintenance services at the port","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/6\/.a3390bc0-aaf5-4d94-bb63-2545acbbdb37.mp3"},"yoast_head":"\nAD Ports Group partners with Premier Marine to provide drydocking services at Khalifa Port - 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