To further broaden its service offerings at its ports in the UAE and abroad, AD Ports Group has inked a 25-year contract with Crystal Offshore, a Singaporean one-stop logistics solution provider.
According to the agreement, Crystal Offshore will receive a 20,000 square metre plot of land in Khalifa Port along with a quay wall on which to erect a base with office space and a workshop for fabricating parts for jack-up rigs, marine and offshore vessels.
“Our partnership with one of the world’s leading solution providers in the marine and offshore industry, will add significant value to Khalifa Port’s customers and greatly expand the numerous services it offers to cater to the wide base of the marine industry,” said Saif Al Mazrouei, CEO of Ports Cluster at AD Ports Group.
“We will continue our drive to further diversify the service offerings in our ports in the UAE and abroad. We aim to achieve this by forging strong partnerships such as the one we are entering into with Crystal Offshore, ensuring that we remain the global port operator of choice for our customers.”
Drilling rigs, marine equipment, and deep-water vessels including semi-submersibles and floating production storage and offloading (FPSO) vessels would all be accommodated by the new shipyard manufacturing complex inside Khalifa Port.
“We have a strong track record with contractors in the region, and with this long-term partnership, we anticipate significant and fast growth of our market share, greatly assisted by the geographical proximity and excellent infrastructure that Khalifa Port has to offer,” Sujith Sekharan, CEO of Crystal Offshore said, adding that the company shares the vision of AD Ports and look forward to complementing one another through expertise and capabilities.