Abu Dhabi – Mubasher: Noatum Maritime, part of AD Ports Group, has established a new joint venture (JV) with Turkish company Erkport, according to a press release.
Noatum Maritime, the largest provider of diversified maritime services in the Middle East region, will hold a 60% stake in the JV, with Erkport owning the remaining 40%.
To be operated under the brand “United Global Ro-Ro”, the venture will connect key ports in the automotive industry. It will develop and integrate regional feeder networks catering to diverse markets while improving the accessibility and reach of the Ro-Ro liner services across Europe, the Mediterranean Sea, South Africa, the Arabian Gulf, and Asia, connecting regional and international hubs.
Noatum Maritime and Erkport will jointly deploy Container Ro-Ro (ConRo), Pure Car and Truck Carrier (PCTC), and Ro-Ro vessels on the commencement of operations. In total, the JV will start with 11 vessels deployed on five services.
Ammar Al Shaiba, CEO of Maritime and Shipping Cluster, said: “The demand for efficient cargo transportation continues to rise, and this strategic partnership allows us to expand in the Ro-Ro shipping industry, consistently explore new markets and capitalise on emerging opportunities.”
“This venture is set to further streamline operations through integrated regional feeder networks, reduce transit times, and enhance cargo delivery efficiency for our customers,” Al Shaiba highlighted.
He noted: “Erkport’s established presence and experience in the Ro-Ro sector, along with their successful track record in developing and managing their own Ro-Ro business, make them an ideal collaborator for this joint venture.”
Tolga Emrah Gezgin, Chairman of Erkport, said: “Erkport’s market knowledge and expertise in Ro-Ro operations, combined with Noatum Maritime’s extensive global network and capabilities creates a powerful collaboration that will unlock opportunities for each of us, and of course our customers.”
In January, the ADX-listed company inked a deal with Semurg Invest LLP to construct a greenfield grain terminal at Kuryk Port in Kazakhstan.
