NMDC Group has signed a Memorandum of Understanding (MoU) with AD Ports Group, the leading facilitator of global trade, logistics and industry (ADX: ADPORTS), to further boost co-operation on international projects with the full support of NMDC’s expertise and capabilities.
The agreement was signed by Eng. Yasser Zaghloul, Group Chief Executive Officer of NMDC, and Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, during the International Association of Ports and Harbors (IAPH) Conference 2023 taking place in Abu Dhabi between 31st October – 2nd November, in the presence of leading figures across the maritime, ports and shipping sectors.
As part of the MoU agreement, NMDC and AD Ports Group will continue to work closely together on future international projects, utilizing NMDC’s world-class Engineering, Procurement, and Construction (EPC) and marine dredging capabilities to enable AD Ports Group to successfully continue to undertake large scale international projects. The agreement is also in line with the objectives of the national strategy for industry and advanced technology.
Speaking at the signing of the MoU, Eng. Yasser Zaghloul, Group CEO of the National Marine Dredging Group, said: “We are delighted to continue our relationship with AD Ports Group. This MoU will enable us to explore new opportunities for collaboration and expand the range of innovative solutions we can provide. We plan to leverage our full capabilities, resources and exceptional workforce to fully support AD Ports Group to achieve even greater success in the years to come.”
Commenting on the signing of the MoU, Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group,: “The signing of this MoU is a significant milestone in the relationship between NMDC and AD Ports Group. It demonstrates our shared commitment to working together to strengthen the global maritime industry and support the economic growth of the UAE, in line with our wise leadership’s vision. We look forward to collaborating on a range of global projects and initiatives in the coming years to further strengthen our position at the forefront of international infrastructure development.”
Earlier in June 2022, NMDC and AD Ports Group established a joint company, SAFEEN Survey and Subsea Services, to conduct offshore surveys and subsea services in the UAE, across the GCC region, as well as in select international markets. The company offers a unique portfolio comprising offshore surveys (geophysical and geotechnical), trenching, and dredging support services. Additionally, the company provides integrated subsea services, such as commercial diving services, remotely operated vehicles, and unmanned inspections vessels, along with the provision of customized, cost effective and innovative solutions tailored for offshore operations related to the oil & gas and renewable energy sectors.
About NMDC (The Group):
NMDC Group is the UAE’s leading contractor in the field of engineering, procurement, construction, and marine dredging in the Middle East spanning vital sectors, creating solutions that meet the challenges of the future in the energy EPC sector.
NMDC Group’s subsidiary NMDC Dredging & Marine (D&M) is a leading contractor in the field of dredging and marine civil construction, delivering a range of services including the construction of port infrastructure, land reclamation, coastal defense, and deepening and maintenance of waterways. NMDC (D&M) owns and operates a modern fleet of dredgers supported by a wide range of auxiliary equipment including tugs, workboats, barges, and survey vessels.
About AD Ports Group:
Established in 2006, AD Ports Group today serves as one of the world’s premier facilitator of logistics, industry, and trade, as well as a bridge linking Abu Dhabi to the world. Listed on the Abu Dhabi Securities Exchange (ADX: ADPORTS), AD Ports Group’s vertically integrated business approach has proven instrumental in driving the emirate’s economic development over the past decade.
Operating several clusters covering Ports, Economic Cities & Free Zones, Maritime, Logistics, and Digital, AD Ports Group’s portfolio comprises 10 ports and terminals, and more than 550 square kilometres of economic zones within KEZAD Group, the largest integrated trade, logistics, and industrial business grouping in the Middle East.
