ASRY, AD Ports set up new Bahrain marine services JV

24/02/2025 01:59 AST

Bahrain-based Arab Shipbuilding and Repair Yard Company (ASRY), a distinguished leader in the maritime sector, has recently announced the establishment of its joint venture (JV) with Noatum Maritime, a part of Abu Dhabi-based AD Ports Group's Maritime & Shipping Cluster.

The move is aimed at offering a diversified portfolio of maritime solutions for the provision of marine services in Bahrain, said the company in a statement.

The collaboration aims to sharpen the current marine service offering at ASRY Shipyard on an exclusive basis by leveraging Noatum Maritime's operational expertise and modern fleet, and then will target external clients within Bahrain, it stated.

Captain Ammar Al Shaiba, CEO Maritime & Shipping Cluster, AD Ports Group said: "This collaboration strengthens our regional presence and enables us to leverage our expertise in marine services, while providing service excellence through our modern efficient fleet."

"By combining our strengths we will drive operational synergies, enhance reliability and deliver optimised solutions to customers," he stated.

Asry CEO Dr Ahmed AlAbri said: "Our partnership with Noatum Maritime marks a strategic step in strengthening our maritime services. With their expertise and advanced fleet, we are confident this joint venture will set new standards in efficiency, reliability, and excellence in service."

AlAbri pointed out that this co-operation was also an important move towards improving maritime services in the region.

"We firmly believe this collaboration will establish a new benchmark for the maritime industry in terms of quality, efficiency, and service standards," he stated.

"This partnership is in line with our strategy and modern vision to broaden our services and expand our global presence. We will work side by side to deliver high-quality services that meet our clients' expectations and contribute to strengthening Bahrain's economy," he added.

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