Hutchison Ports, Collaboration to focus on enhancing operations across the maritime and logistics sectors
AD Ports Group, the leading facilitator of trade, logistics, and industry in Abu Dhabi, today announced that it has signed a Memorandum of Understanding (MoU) with Hutchison Ports, the world’s leading port investor, developer, and operator.
As per the MoU, AD Ports and Hutchison Ports will identify joint investment and business opportunities related to feedering, logistics, and port activities across the GCC, Africa, and Asia.
Additionally, the two organisations will form a partnership to operate within Tanzania, where they will work closely together to explore opportunities to further enhance the capabilities and market competitiveness of port operations across the East African country, including Dar Es Salaam Port.
Potential areas of focus include improving servicing several of Tanzania’s landlocked remote areas and neighbouring countries, cultivating more cargo sources, and the enhancement of existing supporting logistics and cargo processing facilities.
“AD Ports Group continues to expand its reach around the world, in line with the vision of our leadership, and we offer our thanks for their wise guidance. We are pleased to announce the start of a new collaboration with Hutchison Ports,” stated Captain Mohamed Juma Al Shamisi, Managing Director & Group CEO, AD Ports Group.
“Together, we look forward to working closely with the Tanzania Port Authority to further develop Tanzania International Container Terminal Services as we strive to ensure Dar Es Salaam Port remains the premier gateway to the East African region,” commented Eric Ip, Group Managing Director, Hutchison Ports.
Want to stay updated on the latest industry news and trends? Subscribe today to receive your monthly news highlights directly in your inbox!