AD Ports Group and IRH Global Trading Ltd. have signed a Memorandum of Understanding (MoU) to explore strategic cooperation in bunkering services and alternative marine fuels at Khalifa Port.
The MoU outlines potential collaboration across a range of areas, including the provision of bunkering services to vessels calling at Khalifa Port, the development of alternative fuel solutions such as Liquefied Natural Gas (LNG), biofuels, and methanol, and the exploration of opportunities related to fuel storage infrastructure, terminal facilities, and fuel sampling and testing capabilities.
“This collaboration reflects our commitment to forging strategic alliances that create long-term, sustainable value,” stated Saif Al Mazrouei, CEO, Ports Cluster, AD Ports Group.
Ideal base
“We see Khalifa Port as an ideal base from which to explore these opportunities, and we look forward to working closely with AD Ports Group to bring them to life,” added Ali Rashed Alrashdi, Group CEO, International Resources Holding.
Through this collaboration, AD Ports Group and IRH Global Trading aim to further enhance Khalifa Port’s value proposition as a multi-purpose, deep-water port that supports efficient, sustainable, and future-oriented maritime operations.
The collaboration would explore leveraging IRH’s international trading capabilities alongside AD Ports Group’s world-class port infrastructure and trade ecosystem, a press notification concluded.
