Signs a Joint Venture with Premier Marine Engineering Services
AD Ports Group and Premier Marine Engineering Services, a UAE-based shipyard company specialising in ship building and repair services to marine and offshore industries, recently announced the formation of a new joint venture, SAFEEN Drydocks.
The hub of SAFEEN Drydocks’ operations will be located at Khalifa Port and encompass a 45,000sqm shipyard and repair facility, 350m quay wall for vessel afloat repair, and a floating dry dock for vessel maintenance and refurbishment.
Through the new joint venture, AD Ports Group will leverage its reputation and experience as one of the world’s premier facilitators of maritime logistics, industry and trade, and contribute quay space at Khalifa Port for the development and operations of the new services hub.
Premier Marine will, in turn, contribute its technical knowledge and experience in helping customers build, repair and maintain vessels and other maritime assets in an environmentally sustainable manner.
“We look forward to working closely with our partners at Premier Marine in bringing together our global reach and their strong multi-decade track record in developing what we envision will be a regional and global hub maritime ship building, repair and maintenance,” remarked Captain Ammar Mubarak Al Shaiba, Acting CEO Maritime Cluster and SAFEEN Group, AD Ports Group.
“This joint venture marks a new beginning for us, and through our partnership, our teams of highly skilled experts, coupled with the formidable expertise provided by the Group, we aim to achieve great success within the shipbuilding industry,” commented Hemant Tandon, Managing Director, Premier Marine Engineering Services.