In a wave-making move that’s set to reshape the maritime landscape of the Gulf, AD Ports Group has signed three major Heads of Terms (HoTs) with Bahrain’s Arab Shipbuilding & Repair Yard Company (ASRY), reinforcing their strategic alliance and eyeing the future of sustainable sea operations. These powerful partnerships were inked in the esteemed presence of His Highness Shaikh Nasser bin Hamad Al Khalifa, underscoring their significance for the region’s maritime and economic ambitions.
The first HoT launches a Joint Venture to manage drydock facilities and shipyards, pooling the expertise of both entities to bolster shipbuilding and repair capabilities across the GCC—and beyond. Think massive vessels, precision engineering, and a rising tide of opportunity as this collaboration aims to redefine the region’s marine infrastructure.
But they didn’t stop at steel and ships. The second HoT ropes in India’s JM Baxi, a veteran in marine logistics and innovation, to create green ship recycling facilities. This isn’t just about scrapping old vessels—it’s about ushering in an era of eco-conscious dismantling, where reusable parts are salvaged, waste is minimized, and carbon footprints sink like stones. This aligns with the Hong Kong Convention for safe and sustainable ship recycling, a key step toward a greener maritime industry.
The third and final HoT takes the partnership to deeper waters—exploring joint investment opportunities in ports and terminals. A working group will dive into this venture, identifying lucrative areas of development and expanding operational excellence throughout the region.
AD Ports Group’s Captain Mohamed Juma Al Shamisi emphasized the strategic depth of these agreements, calling them pivotal for value creation and sustainability. Echoing this sentiment, ASRY CEO Dr. Ahmed Al Abri hailed the deals as a reflection of a shared vision for innovation and growth.
Together, these moves signal a bold new chapter—where marine muscle meets environmental mindfulness, and Bahrain becomes the next beacon of maritime modernization.
