Noatum Maritime forms JV with ASRY to enhance marine services in Bahrain

Noatum Maritime, a division of AD Ports Group’s Maritime & Shipping Cluster, has entered into a joint venture (JV) with Arab Shipbuilding & Repair Yard Company (ASRY), a maritime repair and fabrication facility in the Arabian Gulf, to provide marine services in Bahrain.

This partnership aims to exclusively enhance ASRY Shipyard’s current marine service offerings, combining Noatum Maritime’s operational expertise and advanced fleet. The collaboration will also target external clients across Bahrain.

Furthermore, the JV’s initial focus will be towage and mooring services, utilizing Noatum Maritime’s existing vessels. Operations will begin with four ASD tugs and a mooring boat, replacing ASRY’s current fleet and marine services. As the JV grows, it will expand to offer a full range of maritime solutions provided by Noatum Maritime. Existing staff will be retained to ensure a smooth transition and continuous operations.

Captain Ammar Al Shaiba, CEO of Maritime & Shipping Cluster, AD Ports Group commented: “We are delighted to form this strategic JV with ASRY, a distinguished leader in the maritime sector. 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.”

Leveraging Noatum Maritime’s experience in harbour towage, marine logistics, and offshore operations, the JV will enhance efficiency and scalability and implement industry best practices.

While Noatum Maritime has already operated towage services in markets such as Mauritius, Mozambique, Saudi Arabia, Kuwait, and Oman, this marks the company’s first international expansion with its full range of marine services.

Ahmed AlAbri, CEO of ASRY, stated: “Partnering with Noatum Maritime marks a significant step forward in solidifying our marine services offering. With their expertise and cutting-edge fleet, we are confident that this JV will set new standards for efficiency, reliability and service excellence. Together we will create a seamless high-performing operation that benefits our clients and strengthens Bahrain’s maritime industry. This partnership is in line with our new strategy and vision to diversify our services and expand our global presence.”

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