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ADNOC successfully closes the acquisition of Zakher Marine International

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ADNOC successfully closes the acquisition of Zakher Marine International. Image: ADNOC
ADNOC successfully closes the acquisition of Zakher Marine International. Image: ADNOC
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ADNOC Logistics & Services, the shipping and maritime logistics arm of Abu Dhabi National Oil Company, announced the successful closing of its acquisition of Zakher Marine International, an Abu Dhabi-based owner and operator of offshore support vessels, with the world’s largest fleet of self-propelled jack-up barges. Financial details of the transaction are not being disclosed. The closing ceremony was held at ZMI’s Sentinel Barge in Abu Dhabi.

With the acquisition of ZMI, ADNOC L&S extends its regional footprint and creates new opportunities for expansion with an industry-recognized partner, broadening its services to include critical support assets for offshore operations, including ZMI’s maiden offshore renewables project in China.

Commenting on the transaction, Capt. Abdulkareem Al Masabi, CEO of ADNOC L&S said: “As part of our wider growth strategy, this acquisition allows ADNOC L&S to offer a broader range of services to our customers, unlocking new and attractive revenue opportunities, whist leveraging ZMI’s proven track record for operational excellence and commitment to health, safety and environment. The addition of these assets and expertise will open new markets for ADNOC L&S, both locally and internationally, broaden our industry-leading integrated services offering and consolidate our position as the region’s largest integrated logistics provider.”

The acquisition of ZMI is the latest example of ADNOC’s ongoing strategic value creation and growth program and underlines its commitment of investment in local partnerships, reinforcing the company’s continued role in creating value for Abu Dhabi and the UAE.

Ali El Ali, Chief Executive Officer of ZMI, said: “We are a UAE company, first and foremost, and have worked with ADNOC for decades to deliver In-Country Value. Together, we cover the entire offshore marine services value chain. This partnership will ultimately allow ZMI to strengthen its position as the global leader of the largest active fleet of offshore jack-up barges and support vessels.”

Following the completion of the transaction, ADNOC L&S has the most diversified fleet in the Middle East, operating over 300 vessels across its shipping, offshore logistics and marine services fleet. When combined with its 1.5 million square meters integrated logistics base in Mussafah and its comprehensive end-to-end logistics capabilities, ADNOC L&S is the region’s leading provider for integrated maritime logistics solutions. Over the past 24 months, ADNOC L&S has acquired 25 deep sea vessels, including eight Very Large Crude Carriers (VLCC), adding 16 million barrels of capacity, six product tankers, expanding the product tanker fleet capacity to over 1 million metric tons, five Very Large Gas Carriers (VLGC) for AW Shipping and six LNG carriers.

Established in Abu Dhabi in 1984, ZMI owns and operates 24 jack-up barges and 38 offshore support vessels. ZMI has one of the youngest fleets in the industry and employs over 1700 people across the United Arab Emirates, Saudi Arabia, Qatar and China.

ZMI will continue operating as a standalone entity under ADNOC L&S, led by Ali El Ali as CEO.

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Food Logistics

MSC announced a new direct service, called NWC – WAF service

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MSC announced a new direct service, called NWC - WAF service. Image: Pixabay
MSC announced a new direct service, called NWC - WAF service. Image: Pixabay
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MSC announced a new direct service, called NWC – WAF service, connecting Dakar and North Europe, and providing the best transit times on the market.

The new NWC – WAF service, dedicated to the export of reefer commodities from Senegal, will connect the country’s fruit, vegetable and frozen fish suppliers directly to key commercial partners across Europe including France, Belgium and United Kingdom in one week. MSC will connect Senegal with key European gateways such as Antwerp in 7 days, London in 9 days and Le Havre in 11 days.

MSC operates one of the world’s largest and most advanced reefer container fleets. We provide exporters with expertise at every step of the cold supply chain including dedicated reefer experts guaranteeing regular and frequent monitoring of shipments, from the receipt of the loaded container to its final destination.

The fleet deployed for this service will be ready to meet the demand for reefers throughout the season to transport fruit, vegetable and other fresh and frozen products from Senegal to consumers across Northern Europe with an average of 600 plugs available onboard each vessel.

Starting immediately, the service will rotate as follows: Antwerp– London Gateway – Le Havre – Tema – Lomé – Tincan/Lagos – Abidjan – Dakar – Antwerp

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Break Bulk

Klaveness Digital to launch an emissions monitoring solution in CargoValue

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Klaveness Digital to launch an emissions monitoring solution in CargoValue. Image: Pixabay
Klaveness Digital to launch an emissions monitoring solution in CargoValue. Image: Pixabay
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In less than 12 months, Klaveness Digital together with ZeroLab have commercialized an emissions monitoring solution that is now live in CargoValue. The monitoring solution, titled ‘Emissions’, is now measuring a significant share of emissions from global dry bulk shipping, empowering its customers to continuously track and manage their carbon footprint.

“Arming our industrial customers with crucial insight like this means they can spend their time actively looking for emissions hotspots and opportunities to reduce their footprint,” said Klaveness Digital Managing Director Aleksander Stensby.

Mitigating carbon risk in the supply chain

Monitoring of emissions was just recently added as a service to the CargoValue platform, marrying industry expertise and technical know-how to mitigate carbon risk in supply chains across all main shipping segments. “In dry bulk we’ve expanded fast and are now serving major global accounts in aluminium, grain and mining to name a few,” Stensby added.

The platform tracks greenhouse gas emissions generated by every freight shipment, using calculations based on satellite data, vessel particulars and actual behaviour. This complements and corroborates an increasing share of data coming into CargoValue from vessels reporting their actual emissions.

Putting data to use in a smart way

“Quality data is the backbone of the digitalization movement, with demand coming not only from customers, but also investors and other stakeholders. Working with us allows charterers to take action now on accurately measuring, assessing, and benchmarking their Scope 3 emissions,” adds Stensby, arguing that the industry needs to follow the example of the first movers and drop the “wait and see mentality” often linked with zero fuels or regulatory agenda.

Head of ZeroLab Morten Skedsmo, whose team has led the development of ‘Emissions’, is pleased to see more customers realize the value of accurate monitoring. “As a shipping company we are taking action on our own emissions and helping other companies do the same, we want to create value every step of the way.”

Building on the insights available through the Emissions module in CargoValue, ZeroLab’s team then apply their expertise to focus on helping charterers to explore reduction strategies, for example by establishing an emissions trajectory in line with the customer’s ESG commitments. As up to 30% of emission reductions can be achieved through improved operational efficiency, the team uses the data to guide customers on where improvements can be made across the supply chain.

Collaboration is key

Stensby, meanwhile, emphasizes the critical importance of collaboration across the value chain in driving decarbonization. “As well as quantifying supply chain emissions and assessing how they align with established frameworks for ESG compliance and industry initiatives such as the Sea Cargo Charter, CargoValue enables collaboration with stakeholders in real-time to build transparency. Some customers have incorporated their global operations and spanning hundreds of supply chain stakeholders into the platform.”

“Digital transformation, leveraging intelligent, cost-effective ways to complement work done by humans is key for survivability and profitability. With our platform of services providing end-to-end commodity visibility, we can act as an extension of customers’ own supply chain function and guide them on their digital journey towards resilience and long-term sustainability,” Stensby concluded.

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Maritime

Kalmar to supply 12 Kalmar Hybrid Straddle Carriers to GMP in France

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Kalmar to supply 12 Kalmar Hybrid Straddle Carriers to GMP in France. Image: Cargotec
Kalmar to supply 12 Kalmar Hybrid Straddle Carriers to GMP in France. Image: Cargotec
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Kalmar, part of Cargotec, has received a repeat order of 12 Kalmar Hybrid Straddle Carriers to GMP in Le Havre, France. This brings GMP’s fleet of Kalmar equipment to a total of over 50, of which 24 are hybrid straddle carriers. The order was booked in Cargotec’s 2022 Q3 order intake, and the equipment is expected to be delivered by the end of Q3 2023. Additionally, Kalmar provides the customer with a preventive maintenance contract.

GMP in the port of Le Havre has been using Kalmar Straddle Carriers since the early 1990s. The latest delivery of 12 Kalmar Hybrid Straddle Carriers took place in 2020. GMP is committed to reducing and mitigating the carbon footprint of its operations through continuously aiming to cut energy use in its facilities and investing in product designs which conserve energy and lower greenhouse gas emissions. Together with its customers, Kalmar aims to shape the future of cargo handling with safe and eco-efficient solutions that improve the customer’s every move. Kalmar Hybrid Straddle Carriers will help contribute towards meeting this goal by enabling significant reductions of both the fuel consumption and CO2 emissions of a terminal’s straddle carrier operations when compared to using traditional diesel-powered machines. Hybrid machines also generate much less noise than their diesel counterparts do.

Louis Jonquière, CEO GMP Le Havre: “Kalmar has been a trusted partner of ours for decades already, and their proven technology and commitment to developing eco-efficient solutions is a perfect fit to our sustainability targets. The hybrid straddle carrier solution will support our terminals in achieving their environmental goals, while also boosting the efficiency of container moves at the same time.”

Mikko Mononen, VP Sales, Kalmar: “We are delighted to further strengthen our already excellent relationship with GMP and continue our shared journey on the road towards a more sustainable future for cargo handling operations. We are investing continuously in R&D efforts to develop more eco-efficient solutions and we are pleased to see that our customers share the same priorities. We are also very proud that with this order, we have sold over 500 Kalmar Hybrid Straddle Carriers globally since their introduction to the market in 2013.”

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