{"id":72221,"date":"2023-07-24T00:00:00","date_gmt":"2023-07-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/24\/uae-japanese-firms-to-establish-low-carbon-iron-supply-chain-hub-in-abu-dhabi\/"},"modified":"2023-07-24T00:00:00","modified_gmt":"2023-07-24T00:00:00","slug":"uae-japanese-firms-to-establish-low-carbon-iron-supply-chain-hub-in-abu-dhabi","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/24\/uae-japanese-firms-to-establish-low-carbon-iron-supply-chain-hub-in-abu-dhabi\/","title":{"rendered":"UAE + Japanese firms to establish low-carbon iron supply chain hub in Abu Dhabi"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Emirati and Japanese firms partner on green iron supply chain: <\/span><span style=\"\">Steel manufacturer <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.emiratessteelarkan.com\/\" style=\"\">Emirates Steel Arkan<\/a><\/span><span>, the UAE\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adportsgroup.com\/en\" style=\"\">AD Ports Group<\/a><\/span><span>, Japan\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.itochu.co.jp\/en\/index.html\" style=\"\">ITOCHU Corporation<\/a><\/span><span>, and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.jfe-steel.co.jp\/en\/\" style=\"\">JFE Steel<\/a><\/span><span> have inked a non-binding MoU to cooperate on the establishment of a low-carbon iron supply chain hub in Abu Dhabi,<\/span><span> according to a company <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2023\/07\/18\/emirates-steel-arkan-ad-ports-group-itochu-and-jfe-steel-sign-mou\" style=\"\">statement<\/a><\/span><span style=\"font-weight:400;\">. The complex \u2014 which the statement says is a world first \u2014 looks to produce low carbon emission inputs to steelmaking. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The agreement will see the parties work together to develop a logistical and digital framework for the new low carbon iron supply chain<\/span><span>, <\/span><span style=\"font-weight:400;\">the statement said. AD Ports Group will provide land for the hub in Kezad Musaffah, as well as maritime and logistical services for incoming iron ore and outgoing low carbon iron exports, it added. The company may also supply a jetty to streamline the import of iron ore and export of steel products on a build, own and operate (BOO) basis, the statement added.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The project will be implemented over several phases<\/span><span>,<\/span><span style=\"font-weight:400;\"> AD Ports Group\u2019s statement said without providing details regarding timelines and investments.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Background:<\/span><span> Japan\u2019s Prime Minister Fumio Kishida <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/14eb431c-00f6-4648-b0ca-3c5035243ee1\" style=\"\">visited<\/a><\/span><span> the UAE last week as part of a wider GCC tour, where he inked 23 agreements and MoUs with the country to bolster trade and transport ties.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AD Ports will offer maritime and logistics services to facilitate imports and exports for the hub<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","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":[22],"tags":[17,907,332,357,129,21],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-72221","post","type-post","status-publish","format-standard","hentry","category-zones","tag-enterprise-logistics","tag-iron","tag-japan","tag-manufacturing","tag-uae","tag-zones","wpautop","entry"],"acf":{"mongo_id":"83ff57f7-5582-4397-9588-9b79aa015a7b","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/7\/822.jpg,https:\/\/www.adportsgroup.com\/en\/news-and-media\/2023\/07\/18\/emirates-steel-arkan-ad-ports-group-itochu-and-jfe-steel-sign-mou","photo_position":"above","homepage_title":"","full_issue_title":"UAE and Japanese firms to establish low-carbon iron supply chain hub in Abu Dhabi","related_issue":[72214],"teaser":"AD Ports will offer maritime and logistics services to facilitate imports and exports for the hub","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.06c53c7a-db05-476e-8443-b2c6a6bbcc7a.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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