{"id":104620,"date":"2025-06-16T00:00:00","date_gmt":"2025-06-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/ad-ports-inks-three-agreements-with-asry-for-marine-services-in-bahrain\/"},"modified":"2025-06-16T00:00:00","modified_gmt":"2025-06-16T00:00:00","slug":"ad-ports-inks-three-agreements-with-asry-for-marine-services-in-bahrain","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/06\/16\/ad-ports-inks-three-agreements-with-asry-for-marine-services-in-bahrain\/","title":{"rendered":"AD Ports inks three agreements with Asry for marine services in Bahrain"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Asry taps AD <\/strong><strong>Ports for Bahrain maritime services:<\/strong> AD Ports Group has inked three heads of terms (HoTs) with Bahrain-based Arab Shipbuilding and Repair Yard Company (ASRY) to provide marine services in Bahrain across maritime and port projects, according to a <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2025\/06\/12\/ad-ports-group-and-asry-sign-three-heads-of-terms\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">#1- A shipyard-focused JV is on the cards: <\/strong><span style=\"background-color: transparent;\">The pair inked a HoT to establish a joint venture (JV) to manage drydock facilities and shipyards. Under the agreement, the two parities look to boost the GCC\u2019s drydock and shipbuilding capacity as well as explore potential options to expand their mutual businesses to other regions.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- AD Ports, ASRY, JM Baxi eye green ship recycling:<\/strong> AD Ports and ASRY signed a HoT with India-based maritime service provider JM Baxi to develop green ship recycling facilities. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Potential investments across ports, terminals:<\/strong> The two parties inked a final HoT to develop a working group in a bid to highlight potential areas of collaborative investments across ports and terminals. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8edf9e4b-0ac1-4f35-af51-9d8b15bba502\/%253cmark%253e%253c%2Fmark%253ead%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eports%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253egroup%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eacquires%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253espain%253cmark%253e%253c%2Fmark%253e%25e2%2580%2599%253cmark%253e%253c%2Fmark%253es%253cmark%253e%253c%2Fmark%253e%253c%253cmark%253e%253c%2Fmark%253emark%253cmark%253e%253c%2Fmark%253e%253e%253cmark%253e%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253enoatum%253cmark%253e%253c%2Fmark%253e%253c%2F%253cmark%253e%253c%2Fmark%253emark%253cmark%253e%253c%2Fmark%253e%253e\" style=\"\" rel=\"noopener\">AD Port\u2019s subsidiary Noatum Maritime<\/a> and Asry formed a JV \u2014 dubbed ASRY Marine \u2014 to offer integrated maritime services in Bahrain. The JV \u2014 first announced in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/34ff8fcb-64dc-4a3c-9954-5872dc6da93e\/contracts-worth-aed-25.2-bn-signed-at-idex-and-navdex-2025\" style=\"\" rel=\"noopener\">February<\/a> and activated in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/bcb684a7-5d4f-4326-9c30-23aa9021ff3c\" style=\"\" rel=\"noopener\">April<\/a> \u2014 aims to deliver integrated marine services in Bahrain and marked its operational start with the arrival of four modern tugboats from Noatum Maritime\u2019s fleet at ASRY\u2019s headquarters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The two parties have linked up to expand shipyard capacity, investment in ports and green ship recycling efforts<\/p>\n","protected":false},"author":1,"featured_media":104621,"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":[2349],"tags":[796,7,1342,339,2354],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-104620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade-and-logistics","tag-ad-ports-group","tag-enterpriseam-uae","tag-investment","tag-sustainability","tag-trade-and-logistics","wpautop","entry"],"acf":{"mongo_id":"b32cbfb4-71f3-45dc-8c47-545c53177606","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/6\/755.jpg","photo_position":"above","homepage_title":"","full_issue_title":"AD Ports inks three agreements with Asry for marine services in Bahrain","related_issue":[104606],"teaser":"The two parties have linked up to expand shipyard capacity, investment in ports and green ship recycling efforts","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.ba95ba17-6033-44d0-b987-a103d0e7e058.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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