Arab Shipbuilding and Repair Yard (ASRY) and Noatum Maritime, a subsidiary of AD Ports Group, have established a joint venture (JV) to enhance marine services at ASRY Shipyard in Bahrain.
This partnership intends to capitalise on Noatum Maritime’s operational experience and fleet to improve services initially within ASRY Shipyard, with plans to expand to other clients in Bahrain.
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AD Ports Group Maritime & Shipping Cluster CEO Captain Ammar Al Shaiba said: “We are delighted to form this strategic JV with ASRY, a distinguished leader in the maritime sector.
“This collaboration strengthens our regional presence and enables us to leverage our expertise in marine services, while providing service excellence through our modern efficient fleet. By combining our strengths we will drive operational synergies, enhance reliability and deliver optimised solutions to customers.”
ASRY CEO Dr Ahmed AlAbri said: “Our partnership with Noatum Maritime marks a strategic step in strengthening our maritime services.
“With their expertise and advanced fleet, we are confident this joint venture will set new standards in efficiency, reliability, and excellence in service. This cooperation is also an important move towards improving maritime services in the region.
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By GlobalData“We firmly believe this collaboration will establish a new benchmark for the maritime industry in terms of quality, efficiency, and service standards.”
Earlier this month, ASRY allocated a repair berth for the processing of substantial construction material shipments, in collaboration with the Ministries of Industry and Commerce, Works, and Transportation and Telecommunications, as well as domestic construction companies, in response to increasing demand for these materials.
The goal is to maintain a consistent supply and prevent interruptions, ensuring construction and infrastructure projects proceed as planned, according to the company.
ASRY and its partners are improving the utilisation of current facilities to enhance the supply chain and simplify logistics for firms importing materials into the kingdom.
