SAFEEN Feeders Signs New Agreement with Saif Powertec for Fujairah – Bangladesh Cargo Services
In addition to facilitating the movement of general cargo and dry bulk cargo between Fujairah Port in the UAE to port facilities in Chattogram and Mongla in Bangladesh, the new bulk shipping offering will also oversee cargo operations to the Indian subcontinent, South-East Asia, and other global destinations.
Captain Maktoum Al Houqani, Chief Executive Officer - Maritime Cluster, AD Ports Group, said: “Our newest collaboration with Saif Powertec not only introduces a unique offering for customers that is a fast and low-cost service for their dry bulk shipping needs but will also have a tremendous impact on maritime trade across our combined spheres of influence.
“Leveraging SAFEEN Feeders’ expertise as a leading maritime service provider, as well as the advanced capabilities of its modernised fleet, Saif is well-positioned to accelerate the trade of dry construction materials between the UAE and Bangladesh, along with other dry cargo goods to key markets across the region and beyond.”
Captain Ammar Mubarak Al Shaiba, CEO of SAFEEN Feeders and Acting CEO of Ports Operating Company at AD Ports Group, said: “Today’s announcement marks not only the official start of a new collaboration between AD Ports Group and one of Bangladesh’s leading logistics service providers but also heralds a new era of maritime trade facilitation between our two proud nations and their respective ports.
“In addition to boosting trade between the UAE and Bangladesh, the collaboration with Saif Powertec brings a new opportunity to deliver an enhanced cargo service to customers across the Indian subcontinent, South-East Asia, as well as other high-profile global destinations.”
Tarafder MD Ruhul Amin, Managing Director of Saif Powertec, said: “We are pleased to announce the start of our close partnership with AD Ports Group’s SAFEEN Feeders, which has greatly enhanced our capabilities as Bangladesh’s sole terminal operator to facilitate the movement of dry cargo at the international level.
“Boasting a capacity of 55,000 DWT, SAFEEN Feeders’ bulk carriers, which will be offered on a bareboat or time charter basis, are expected to realise significant returns and deliver real benefits for our customers.”
Both companies will jointly own and operate bulk shipping services that promote maritime trade between the MENA region and Asian Subcontinent. Other areas of potential collaboration involving Saif Powertec include leasing berths and potentially jetties to develop and improve cargo operations and adopting warehouse storage solutions offered by AD Ports Group.
The scope of the agreement also covers future areas of collaboration to jointly develop and invest in the maritime infrastructure and projects of Bangladesh and the United Arab Emirates. Launched in 2020, SAFEEN Feeders was created as AD Ports Group’s container feeder service provider to enhance national and regional trade by providing vital connectivity across the Arabian Gulf and the Indian Subcontinent container distribution network.
Today, the organisation delivers its unique service to many shipping companies and clients active within key regional ports, including UAE, Saudi Arabia, Oman, Bahrain, Iraq, Pakistan, and India.
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