First international move with the full suite of marine services for Noatum Maritime
Noatum Maritime has formed a joint venture (JV) with Arab Shipbuilding & Repair Yard Company (ASRY), the Arabian Gulf’s leading maritime repair and fabrication facility, for the provision of marine services in Bahrain.
The collaboration aims to sharpen the current marine service offering at ASRY Shipyard on an exclusive basis by leveraging Noatum Maritime’s operational expertise and modern fleet and then will target external clients within Bahrain.
The JV’s initial operational scope includes towage and mooring which will be carried out utilising existing vessels owned by Noatum Maritime. Commencing operations with 4 ASD tugs and a mooring boat, replacing ASRY’s current fleet and marine services, the JV will scale up to leverage the full suite of maritime solutions available through Noatum Maritime.
Seamless continuity
Existing personnel will be retained to ensure seamless continuity of operations. By integrating Noatum Maritime’s expertise in harbour towage, marine logistics, and offshore operations the JV will drive operational efficiency, scalability and industry best practice.
Although the business segment operates towage services in markets like Mauritius, Mozambique, Saudi Arabia, Kuwait, and Oman, it is its first international move with the full suite of marine services for Noatum Maritime.
“By combining our strengths we will drive operational synergies, enhance reliability and deliver optimised solutions to customers,” commented Captain Ammar Al Shaiba, CEO, Maritime & Shipping Cluster, AD Ports Group.
“This partnership is in line with our new strategy and vision to diversify our services and expand our global presence,” remarked Ahmed AlAbri, CEO, ASRY.
