AD Ports Group Inks 25 Years Agreement With Crystal Offshore
Sumaira FH Published June 04, 2023 | 04:30 PM
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 04th Jun, 2023) AD Ports Group, the leading facilitator of global trade, logistics, and industry, has signed a 25 years agreement with Singapore based Crystal Offshore, a recognised one-stop Logistics Solution provider to the Marine & Offshore Industry.
Under the agreement’s terms, a 20,000 square metre plot of land and an associated quay wall in Khalifa Port will be allocated for Crystal Offshore to construct a base, featuring office facilities and fabrication workshops to provide advanced repairs and refits to jack-up rigs as well as marine and offshore vessels.
Saif Al Mazrouei, Chief Executive Officer, Ports Cluster – AD Ports Group, said: “Our partnership with one of the world’s leading solution providers in the marine and offshore industry, will add significant value to Khalifa Port’s customers and greatly expand the numerous services it offers to cater to the wide base of the marine industry.
As we look towards the future, we will continue our drive to further diversify the service offerings in our ports in the UAE and abroad.
We aim to achieve this by forging strong partnerships such as the one we are entering into with Crystal Offshore, ensuring that we remain the global port operator of choice for our customers.”
Sujith Sekharan, CEO of Crystal Offshore, said: "Crystal Offshore is extremely happy to partner with AD Ports Group with a view to deliver our services to the oil and gas industry in the middle East region.
We have a strong track record with contractors in the region, and with this long-term partnership we anticipate significant and fast growth of our market share, greatly assisted by the geographical proximity and excellent infrastructure that Khalifa Port has to offer.
We share the vision of AD Ports Group and look forward to complementing one another through our expertise and capabilities.”
The new shipyard fabrication facility situated within Khalifa Port will cater for drilling rigs and marine assets as well as deep water vessels such as FPSO and semi submersibles.
Related Topics
Recent Stories
Rawalpindi woman gives birth to six babies
Kenya Army Chief Francis Ogola among nine others who died in Helicopter crash
Saudi FM’s visit positive, constructive one: FO
Hania enjoys vacations in London
IMF Officials assure support to Pakistan’s economy
Naqvi directs foolproof measures for protection of Chinese nationals
Israel carries out attack inside Iran, report US media
Saudi Assistant Minister of Defence calls on army chief
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 19 April 2024
Today Gold Rate in Pakistan 19 April 2024
Rock-solid Ruud racks up season-leading win in Barcelona
At UN, Iran says it will make Israel 'regret' reprisals
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
3 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
6 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
6 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
6 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
6 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
6 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
6 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
6 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
6 months ago -
SIBF turns spotlight on remarkable contributions of women
6 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
6 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
6 months ago