AD Ports enters drydocking, repair market with new JV

AD Ports enters drydocking, repair market with new JV

AD Ports Group, a leading facilitator of global trade, logistics, and industry, said it has joined forces with UAE-based Premier Marine Engineering Services, a specialist in ship building and repair services catering to the marine and offshore industries, to set up a new joint venture, Safeen Drydocks. The joint venture, Safeen Drydocks, which is 51% owned by AD Ports Group, will offer a broad range of services including drydocking, afloat repairs, ship building and refurbishment in the region. The hub of Safeen Drydocks’ operations will be located at Khalifa Port and encompass a 45,000 sq m shipyard and repair facility, 350-m quay wall for vessel afloat repair, and a floating dry dock for vessel maintenance and refurbishment. The floating dry dock is expected to commence operations in July, while the shipyard has already begun work with construction of two barges for a UAE-based client. Once fully up and running, the hub will be operated by Safeen Drydocks and be fully equipped to accommodate a range of vessel types including tankers, bulk vessels, container ships, offshore vessels and jack-ups. Through the new joint venture, AD Ports Group will leverage its reputation and experience as one of the world’s premier facilitators of