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Maritime Standard
Noatum Maritime And Erkport Launch Ro-Ro Joint VentureNoatum Maritime, part of AD Ports Group, has established a new joint venture with Erkport of Turkey to launch a new business focusing on ro-ro shipping. Under the terms of the agreement, Noatum will own a 60% stake in the new company, called United Global Ro-Ro, with Erkport owning the remaining 40%.
United Global Ro-Ro will handle automotive traffic and high and heavy cargo flows, supported by regional feeder networks, connecting Europe, the Mediterranean, South Africa, the Arabian Gulf and Asia. To begin with, Noatum Maritime and Erkport will jointly deploy a fleet of 11 vessels, including ConRo, PCTC and ro-ro tonnage, on five separate services.port-and-ship
Mar 03, 2025
Maritime Standard
Stephenson Harwood Supports Offshore Vessel Financing ProjectInternational law firm Stephenson Harwood has advised the National Bank of Fujairah and The Arab Energy Fund on a US$300 million financing facility provided to SHUAA Capital, a leading asset management and investment banking platform in the Middle East region.
The single loan facility will be used to further expand SHUAA’s shipowning subsidiaries, Stanford Marine and Allianz Marine Service, which control the world’s fourth largest OSV fleet, comprising around 120 vessels, including the largest fleet of owned and chartered OSVs in the Middle East. This includes platform supply vessels, anchor handling tug supply vessels, crew boats, accommodation barges and flat barges, among others.
The Stephenson Harwood team acting on this project was led by Dubai-based banking and finance partner, Rustum Shah, and maritime finance managing associate Chinar Zaidi. They were supported by maritime finance associate Shwini Dsouza and banking and finance associate Punte-â Hosseini.port-and-ship
Mar 03, 2025
Maritime Standard
Tms Ship Finance And Trade Conference 2025 Concludes With A Unified Call For Innovation And Sustainable Maritime FinanceThe TMS Ship Finance and Trade Conference 2025 brought together global industry leaders, financial experts, and policymakers for transformative discussions on the future of maritime trade, finance, and sustainability. The conference served as a vital platform for addressing key challenges, exploring financial innovations, and advancing sustainability-driven solutions for the maritime sector.
The event commenced with a welcome address by Nawal Al-Maghafi, Senior Broadcast Journalist at BBC, who reflected on the implications of the recent U.S. elections on global trade policies. She highlighted the potential shift towards stronger domestic priorities, which could reshape supply chain dynamics, tariff structures, and environmental policies. Al-Maghafi cautioned that these changes might slow sustainability efforts and pose challenges for maritime decarbonization. Emphasizing that sustainability is no longer an aspiration but a necessity, she called for innovative solutions, regulatory frameworks, and collaborative action to ensure the industry’s long-term resilience.
Following the welcome address, Dr. Ibrahim Al Nadhairi, CEO of ASYAD Shipping, delivered a keynote speech titled “Driving Growth and Innovation in Maritime Logistics: A Vision for the Future.” He underscored the evolving role of the maritime sector in global trade, shaped by major disruptions such as the pandemic, the Suez Canal crisis, and geopolitical uncertainties. Dr. Al Nadhairi stressed the urgency of adopting sustainable financial models and innovation-driven strategies to secure long-term success. “The next decade will be defined by how we finance, innovate, and collaborate in maritime logistics,” he stated, reinforcing the need for adaptability and forward-thinking approaches.
The discussion on sustainability was further strengthened by Capt. Ammar Mubarak Al Shaiba, CEO of the Maritime & Shipping Cluster, AD Ports Group, who addressed the financing of green shipping solutions in his keynote address. He highlighted that sustainability is no longer optional but a strategic imperative for the maritime industry. “Collaboration is key to strengthening resilience and driving sustainable maritime solutions,” he emphasized, urging financial institutions, governments, and private sector stakeholders to support decarbonization efforts. He also pointed to sustainability-linked loans, green bonds, and public-private partnerships (PPPs) as critical financial instruments in advancing the transition to greener, more efficient shipping practices.
Building on these insights, the conference sessions delved into critical discussions on sustainable maritime networks and financial innovation.
The first session, Supporting the Development of Sustainable Shipping, Ports, and Maritime Networks – Strategies for Success, was moderated by Nawal Al-Maghafi and featured prominent industry experts. Daniel Richards, Senior Economist at Emirates NBD, opened the discussion with a macroeconomic perspective on sustainability-driven maritime growth. Martin Aarup, Group CFO at AD Ports Group, discussed financial frameworks supporting green shipping initiatives, while Tony Dagher, Managing Director of TMC Shipping, explored the role of private sector investments in maritime sustainability. Ali Shehab, Global Director of Special Projects and Services at DNV, highlighted regulatory advancements for greener shipping practices, and Ambrish Bansal, Senior Vice President – Business Advisory & Consulting at Lloyd’s Register, examined risk assessment in financing sustainable projects. Adam Shaikh, Head of Sale & Purchase at Tomini Shipping, provided insights on fleet modernization and eco-friendly ship investments, while Ali Abouda, Group CFO at Gulf Navigation Holding, spoke on sustainable financial models in shipping. The session also featured Daejin Lee, Global Head of Research at FertiStream, analyzing the economic impact of sustainability in global supply chains, Tien Tai, Partner at HFW, addressing legal challenges in implementing sustainability regulations, and Aneel Sabir, Director of MENA at Enigio, highlighting the role of digitalization in sustainable shipping solutions.
The second session, Developing Financial Solutions – The Need for Innovation and Change, chaired by Ali Shehab, explored the growing need for financial innovation in maritime trade. Niall Nolan, CFO – Maritime & Shipping Cluster at AD Ports Group, discussed capital investment strategies for sustainable shipping, while Tim Coffin, CEO of Tristar Eships, examined innovative financial structures for green maritime initiatives. Capt. Amarjit Kauchhur, Vice President Middle East / Regional Director at International Registries (U.K.) Limited – Dubai Branch, addressed financial compliance and regulatory requirements, and Chris Peters, Senior Executive Officer at Montfort Capital Ltd, analyzed private equity investments in the maritime sector. Dr. Mohamed Alhosani, Heat Transfer and Sustainability Research at Abu Dhabi Maritime Academy, focused on sustainable energy solutions for shipping. The session continued with Shailesh Bhala, COO of Best Oasis Limited | SPM Shipping, examining the financial viability of ship recycling and sustainability, and Michael Savva, Partner at Watson Farley & Williams, addressing legal and financial risk management in maritime finance. Knut Mathiassen, Managing Director of Oceans 8 Consulting FZ LLP, explored ESG-compliant financial structures, while Souren Gharnagharian, Investment Manager – East at Australis Maritime, concluded the session with insights on innovative capital-raising approaches for green shipping.
The TMS Ship Finance and Trade Conference 2025 reaffirmed its role as a leading platform for industry stakeholders to engage in meaningful discussions, strategize for the future, and drive financial innovation and sustainability. With a strong commitment from global leaders, the event underscored the urgent need to reshape maritime finance, strengthen industry resilience, and accelerate the transition toward a more sustainable and technologically advanced shipping industry.port-and-ship
Mar 03, 2025
Maritime Standard
Ad Ports Opens First Inland Port In Abu DhabiA new custom bonded inland container handling facility, Al Faya Dry Port, located between Abu Dhabi and Dubai, is being established by AD Ports to act as an Inland Container Depot (ICD) linked to Khalifa Port. The intention is that the new ICD will provide a transit terminal for trucks and more cost-efficient cargo handling operations for Dubai and the Northern Emirates.
The first client for Al Faya Dry Port will be CMA CGM. However, the intention is that it will be further expanded to also serve other major shipping lines calling at Khalifa Port, such as COSCO and MSC, in future. Depending on market demand, AD Ports suggests more ICDs could also be put in place in other locations across Abu Dhabi.
Al Faya Dry Port, which is digitally integrated with Khalifa Port through Maqta Technologies’ Advanced Trade & Logistics Platform (ATLP), has an initial container capacity of 900 TEU. However, it has been built to be easily scalable to increase capacity further, depending on demand, the company states.port-and-ship
Mar 03, 2025
Maritime Standard
Ship Finance And Trade Conference Attracts Top Quality SpeakersA host of expert speakers have been confirmed for the TMS Ship Finance and Trade Conference, which takes place on Tuesday 18th February at the Taj Exotica Resort, the Palm Dubai. The Conference, which has the theme of Financing Green Shipping Solutions, is the seventh conference in this series and looks set to be the best one yet.
Keynote addresses will be made by Dr Ibrahim Al Nadhairi, CEO of Asyad Shipping and Capt. Ammar Al Shaiba, CEO, Maritime & Shipping Cluster, AD Ports Group. These important presentations by two leading industry figures will be followed by Session 1, which will look at supporting the development of sustainable shipping, ports and maritime networks, and strategies for success. Nawal Al-Maghafi, an award-winning journalist and documentary maker will moderate this session.
Confirmed speakers include: Daniel Richards, Senior Economist, Emirates NBD; Martin Aarup, Group CFO, AD Ports Group; Tony Dagher, Managing Director, TMC Shipping; Ali Shehab, Global Director of Special Projects and Services, DNV; Ambrish Bansal, Senior Vice President – Business Advisory & Consulting, Lloyd’s Register; Adam Shaikh, Head of Sale & Purchase, Tomini Shipping; Ali Abouda, Group CFO, Gulf Navigation Holding; Daejin Lee, Global Head of Research, FertiStream; Tien Tai, Partner, HFW and Aneel Sabir, Director, MENA, Enigio. After presentations from these speakers there will be a short break followed by a panel discussion and an opportunity for a Q&A session with the audience.
After lunch, Session 2 will look at developing financial solutions and the need for innovation and change in this context. Ali Shehab will chair this session, with speakers including: Niall Nolan, CFO – Maritime & Shipping Cluster, AD Ports Group Tim Coffin, CEO, Tristar Eships; Capt. Amarjit Kauchhur, Vice President Middle East / Regional Director, International Registries (U.K.) Limited – Dubai Branch; Chris Peters, Senior Executive Officer, Montfort Capital Ltd ; Dr. Mohamed Alhosani, Heat Transfer and Sustainability Research, Abu Dhabi Maritime Academy and Hussam Alkokhon, Head of Trade Finance, CQUR Bank. In addition, this session will feature presentations from Shailesh Bhala, COO, Best Oasis / SPM Shipping; Michael Savva, Partner, Watson Farley & Williams; Knut Mathiassen, Managing Director, Oceans 8 Consulting; and Souren Gharnagharian, Investment Manager – East, Australis Maritime. This will adopt the same format as the morning session, with presentations followed by a short break and then a panel discussion and a chance for questions.
Full details of the programme and speakers can be found at: https://tms-shipfinanceandtrade.comport-and-ship
Feb 17, 2025
Maritime Standard
Ad Ports And Al Ain Mills To Develop New Grain Facility At Khalifa PortAD Ports Group has signed a 50-year land lease agreement with Al Ain Mills, a member of Al Hazaa Investment Group. This strategic partnership will lead to the development of a grain storage and processing facility within Khalifa Port’s South Quay area, further enhancing the port’s capabilities. It is planned that the 50,000 m2 facility will have a storage capacity of around 300,000 tonnes and should be operational within the next three years.
The leased plot will provide Al Ain Mills with direct access to deep water berths and other port facilities. This new development is set to significantly boost the capacity of grain storage and handling within the port.
In another notable recent development AD Ports has signed a contract to manage and operate the Al Madouneh Customs Centre in Amman, Jordan.
AD Ports Group will use its expertise in logistics and trade digitalisation to help improve operational efficiency while running the facility.
The Group’s partnership with Jordan Customs is projected to deliver significant benefits, including a 20% reduction in clearance times, enhanced cargo security, and the development of infrastructure capable of handling around 1000 trucks in the import and transit yard, with plans for future expansion.port-and-ship
Feb 17, 2025
Maritime Standard
Mundra Terminal Hits RecordThe Mundra International Container Terminal (MICT) achieved its highest ever throughput of 1.42 million TEU in 2024, 11% more than in 2023. The DP World Mundra facility, furthermore, achieved a record monthly throughput of 138,000 TEU in January 2025, when it handled 75 vessels.
According to Ravinder Johal, Chief Operating Officer, Ports & Terminals, Operations & Commercial, Middle East, North Africa & Subcontinent, DP World,“ Our investments in strengthening infrastructure and integrated logistics offerings are not only driving efficiency but also unlocking newer opportunities for businesses. We are committed to exceeding the highest standards of service, safety and sustainability while providing our customers seamless and reliable connectivity.”
DP World Mundra operates a 632m quay with a deep draft capable of accommodating large container vessels. It also features a 50 acre Container Freight Station (CFS) and is supported by dedicated rail connectivity within the terminal. The terminal is focused on reducing its environmental footprint and as part of this effort, the company has electrified its fleet of forklifts and light motor vehicles, a move expected to significantly lower diesel consumption and reduce tons of carbon emissions every year, it says.port-and-ship
Feb 17, 2025
Maritime Standard
Ship Finance And Trade Conference Attracts Top Quality SpeakersA host of expert speakers have been confirmed for the TMS Ship Finance and Trade Conference, which takes place on Tuesday 18th February at the Taj Exotica Resort, the Palm Dubai. The Conference, which has the theme of Financing Green Shipping Solutions, is the seventh conference in this series and looks set to be the best one yet.
Keynote addresses will be made by Dr Ibrahim Al Nadhairi, CEO of Asyad Shipping and Capt. Ammar Al Shaiba, CEO, Maritime & Shipping Cluster, AD Ports Group. These important presentations by two leading industry figures will be followed by Session 1, which will look at supporting the development of sustainable shipping, ports and maritime networks, and strategies for success. Nawal Al-Maghafi, an award-winning journalist and documentary maker will moderate this session.
Confirmed speakers include: Daniel Richards, Senior Economist, Emirates NBD; Martin Aarup, Group CFO, AD Ports Group; Tony Dagher, Managing Director, TMC Shipping; Ali Shehab, Global Director of Special Projects and Services, DNV; Ambrish Bansal, Senior Vice President – Business Advisory & Consulting, Lloyd’s Register; Adam Shaikh, Head of Sale & Purchase, Tomini Shipping; Ali Abouda, Group CFO, Gulf Navigation Holding; Daejin Lee, Global Head of Research, FertiStream; Tien Tai, Partner, HFW and Aneel Sabir, Director, MENA, Enigio. After presentations from these speakers there will be a short break followed by a panel discussion and an opportunity for a Q&A session with the audience.
After lunch, Session 2 will look at developing financial solutions and the need for innovation and change in this context. Ali Shehab will chair this session, with speakers including: Niall Nolan, CFO – Maritime & Shipping Cluster, AD Ports Group Tim Coffin, CEO, Tristar Eships; Capt. Amarjit Kauchhur, Vice President Middle East / Regional Director, International Registries (U.K.) Limited – Dubai Branch; Chris Peters, Senior Executive Officer, Montfort Capital Ltd ; Dr. Mohamed Alhosani, Heat Transfer and Sustainability Research, Abu Dhabi Maritime Academy and Hussam Alkokhon, Head of Trade Finance, CQUR Bank. In addition, this session will feature presentations from Shailesh Bhala, COO, Best Oasis / SPM Shipping; Michael Savva, Partner, Watson Farley & Williams; Knut Mathiassen, Managing Director, Oceans 8 Consulting; and Souren Gharnagharian, Investment Manager – East, Australis Maritime. This will adopt the same format as the morning session, with presentations followed by a short break and then a panel discussion and a chance for questions.
Full details of the programme and speakers can be found at: https://tms-shipfinanceandtrade.comport-and-ship
Feb 17, 2025
Maritime Standard
Jebel Ali Port Welcomes New Gemini ServiceDubai’s Jebel Ali port has welcomed the first vessel to arrive as part of the newly established Gemini Cooperation between Hapag-Lloyd and Maersk. Houston Express, a 15,000 TEU containership, docked at Jebel Ali on 5th February, within the new Gemini Indian Ocean Service, thereby strengthening trade links between the Indian Subcontinent, the Middle East and North and South Europe.
To commemorate the occasion, DP World and Hapag-Lloyd senior management hosted a special reception at Jebel Ali Port. Shahab Al Jassmi, Senior Vice President, Ports & Terminals Commercial, DP World GCC, said, “The arrival of the first Gemini Cooperation vessel at Jebel Ali Port reinforces our position as the leading maritime hub in the Middle East. The efficiency and resilience of our port operations, coupled with the advanced logistics capabilities of our hub, are critical factors that make DP World a trusted partner for shipping lines.”
Christiaan Goeman Borgesius, Senior Director Operations Middle East, Hapag-Lloyd, added: “Designed to create a fast, flexible, and reliable ocean network, Gemini is entered around strategic hubs, and having a strong network of ports and terminals like Jebel Ali port is key to achieving our vision.”port-and-ship
Feb 17, 2025
Maritime Standard
Bahri Sets Up Automotive Logistics PartnershipBahri Logistics, a subsidiary of Bahri, The National Shipping Company of Saudi Arabia, is entering into a partnership with Tasaru Mobility Investments and The Mosolf Group to form a strategic joint venture that will focus open automotive logistics within the Kingdom.
Saudi Arabia is actively developing its automotive manufacturing sector and aims to produce over 400,000 cars annually by 2030. The joint venture will offer a wide range of services, including shipping, transportation, electric vehicle handling, inspection, and customs clearance, all designed to meet the specific needs of Saudi Arabia’s emerging automotive industry. Moreover, this strategic alliance is expected to help develop professional skills in logistics and significantly contribute to the economic diversification of the Kingdom.port-and-ship
Feb 17, 2025