ADP to enhance Abu Dhabi’s rank as a global hub for trade

Abu Dhabi Ports (ADP), part of ADQ - one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, on Sunday announced another step in its drive to enhance the emirate’s rank as an international hub for trade and logistics with the acquisition of MICCO Logistics.

Khalifa Sultan Al Suwaidi, Vice Chairman of Abu Dhabi Ports and Chief Investment Officer at ADQ, said, “We are collaborating with Abu Dhabi Ports to transform its logistics arm into one of the largest, most capable and most cost-efficient providers of fully integrated and holistic logistics solutions in the UAE and beyond. This reflects ADQ’s key role in stimulating economic development and growth through our logistics cluster while further strengthening Abu Dhabi Ports’ strategic position as a leading provider of integrated port and industrial zone services, and a facilitator of global maritime trade and logistics.”

Captain Mohamed Juma Al Shamisi, Group CEO, Abu Dhabi Ports, said, “The acquisition of MICCO is a critical step in our emirate’s journey to establish itself as a leading hub within the global trade and supply chains.

“The combined advantage of both organisations means that Abu Dhabi Ports will be able to compete on the regional and global stage as a provider of holistic logistics solutions, enhancing what we offer to both existing and prospective customers, while at the same time furthering our contribution to Abu Dhabi’s non-oil GDP and the government’s diversification efforts.” Robert Sutton, Head of Abu Dhabi Ports Logistics Cluster, said, “Aligning directly with Abu Dhabi Ports’ growth strategy, the integration of MICCO has enabled us as an organisation to both enhance our service offering, while also meet the needs of a broader global market.

“Our greatly expanded capacity to deliver a wide spectrum of services across the entire supply chain has also opened doors for us to target new opportunities in segments that have been traditionally underserved, including FMCG and healthcare. With the addition of MICCO, we are truly connecting the world with the Gulf and beyond.”

With a modern ground fleet comprised of more than 350 prime movers with a diversified fleet of trailers, specialised storage facilities, MICCO’s diverse portfolio of logistics solutions includes freight management in Project, Contract, and Commercial Logistics, multi-modal transport, warehousing and distribution, stevedoring, as well as road feeder services for the aviation segment.

ADNOC L&S: Adnoc Logistics and Services (Adnoc L&S), the shipping and maritime logistics subsidiary of the Abu Dhabi National Oil Company (Adnoc), announced on Sunday that it has signed a new 25-year agreement to provide critical marine services across all petroleum ports in Abu Dhabi on behalf of the Petroleum Ports Authority (PPA).

This includes the onshore Jebel Dhanna Ruwais Petroleum Port and the offshore Das Island, Zirku Island and Mubarraz Petroleum Ports in the Emirate of Abu Dhabi.

This new agreement brings the long-standing relationship between Adnoc L&S and PPA to a new level of collaboration, reinforcing Adnoc L&S’ long-term role as a strategic partner across all petroleum ports in Abu Dhabi.

Adnoc L&S will provide a range of specialist port services to PPA including pilotage, towage, line handling and other marine services. The company was appointed following technical reviews and benchmarking against major regional and international ports, with the objective of aligning with international best practices and delivering optimum petroleum-port operations.

Adnoc L&S has extensive experience in managing port operations. In 2019 alone, its marine services team completed 8,659 dives, 741 towages, 2,022 line-handling jobs for incoming vessels, 5,630 pilotages and 2,806 vessel berths, in addition to managing the largest oil spill response inventory in the UAE.

Captain Abdulkareem Al Masabi, CEO, Adnoc L&S, said, “This new agreement with PPA is a natural evolution of our close collaboration over many years and will allow us to utilize our resources strategically, and drive innovation that will boost performance, enhance efficiency and deliver a seamless end-to-end service at all Abu Dhabi Petroleum Ports.”

Adnoc L&S is the largest, fully integrated logistics and shipping company in the UAE and provides highly specialised services that cover the entire oil and gas supply chain. Petroleum port operations are an essential part of its logistics portfolio, which is unique in the region.

WAM