SAFEEN to offer a range of maritime services
Emirates Steel has signed a strategic agreement with Abu Dhabi Marine Services (SAFEEN), a subsidiary of Abu Dhabi Ports, which has been valued at AED 1bn (US$ 273mn).
The agreement was signed by Eng. Saeed Ghumran Al Remeithi, CEO, Emirates Steel, and Captain Mohamed Juma Al Shamisi, CEO Abu Dhabi Ports, in the presence of Captain Adil Banihammad, Acting CEO–Marine Services, Abu Dhabi Marine Services–SAFEEN, and a number of senior officials and engineers from both parties.
The agreement, which will be implemented in January 2021 and will extend over the following ten years, is the result of Emirates Steel’s commitment to both providing high quality products, and optimizing its supply chain in accordance with international standards, a press communiqué indicated.
Range of services
In the agreement, SAFEEN will provide short marine shipping services for three shipments of iron ore per month. Additionally, SAFEEN will be responsible for the purchase, rental, delivery, operation and maintenance of cargo ships, trailers and unloading equipment for Emirates Steel.
“We are delighted to have signed this agreement between Emirates Steel and Abu Dhabi Ports, which reflects our ongoing commitment to home-grown entities working together and their keenness to build strategic partnerships that contribute to supporting the economy of Abu Dhabi and the UAE in general,” asserted Eng. Jamal Salem Al Dhaheri, CEO, SENAAT.
“Emirates Steel continues to seek to enhance its production capabilities in Abu Dhabi, and through this agreement we have ensured the best shipping services for our cargo in order to continue to improve our production capacity in Abu Dhabi,” affirmed Al Remeithi.
“This strategic agreement highlights Emirates Steel and Abu Dhabi Ports’ commitment to reinforcing Abu Dhabi’s position as a global industrial hub and contribute to building a sustainable, diversified economy,” commented Capt. Al Shamisi.
“The agreement with Emirates Steel is one of our biggest and most significant deals to date. SAFEEN will be expanding its portfolio of services by offering lighterage for the first time, complementing other maritime and quayside-support services,” explained Capt. Banihammad.
