Emirates Steel, Safeen start transshipment services

Emirates Steel, Safeen start transshipment services

ABU DHABI / WAM

Emirates Steel, the leading integrated steel producer in the Middle East, and SAFEEN Group, the marine service arm of Abu Dhabi Ports, both part of ADQ, have announced the commencement of transhipment operations, as part of a 10-year agreement previously signed between the two parties in 2019. As per the agreement, SAFEEN will work closely with Emirates Steel to provide short marine shipping services for three shipments of iron ore per month and will be responsible for the purchase, rental, delivery, operation and maintenance of cargo ships, trailers, and unloading equipment for the premier steel manufacturer, said a joint statement issued by Emirates Steel, SAFEEN Group and Abu Dhabi Ports on Sunday. The four vessels will work closely together to discharge and tranship cargo arriving from mother vessels.

, which will vary in size up to Newcastlemax class, and will then safely transport and discharge the raw materials from anchorage to Emirates Steel's jetty in Musaffah. Serving as the company's latest venture into the transhipment business vertical, and as one of the largest active transhipment agreements (by volume) within the Arabian Gulf region, the contract will be delivered via a converted Post-Panamax bulk, the largest bulk commercial vessel