Latest news with #Advario
Arabian Business
21-05-2025
- Business
- Arabian Business
AD Ports Group, Advario sign deal to explore green energy, liquid bulk storage JV
AD Ports Group has announced the signing of an agreement with Advario, a leading global provider of tank storage and infrastructure solutions, to explore establishing a joint venture to develop and operate green energy and liquid bulk storage projects in the UAE and globally. The two signed a 'Head of Terms' agreement for this. The proposed joint venture, which would be 51 per cent owned by AD Ports Group and 49 per cent by Advario, has the potential to unlock significant growth opportunities in the fields of clean energy alternatives and bulk chemicals storage by leveraging the partners' complementary strengths, expertise, and market access, the UAE port major said. AD Ports Group-Advario JV AD Ports Group would work closely with Advario's UAE partner, Star Energy, to explore the collaboration, it added. If a joint venture is created, Advario would build bulk storage tanks at Khalifa Port and supporting pipeline infrastructure to the Group's clients in KEZAD, the Middle East's largest integrated industrial zone network. Captain Mohamed Juma Al Shamisi, Managing Director & Group CEO, AD Ports Group, said the Group looks forward to exploring this joint venture, which has the potential to build on its growing investment in sustainable infrastructure. 'We look forward to exploring with Advario the possibility of leveraging our combined capabilities to drive sustainability, operational excellence and deliver long-term value to our stakeholders,' he said. Bas Verkooijen, Chief Executive Officer of Advario, said the company is excited to take this important step toward creating a joint venture with AD Ports Group. 'This partnership supports our long-term vision to develop world-class infrastructure for the energy systems of tomorrow,' he said. By leveraging KEZAD's industrial base and fully integrated infrastructure, a collaboration will not only enhance AD Ports Group's existing liquid bulk capabilities, but create a launchpad for future investments in clean energy infrastructure, including hydrogen carriers such as ammonia, methanol, and other emerging fuels. A joint venture would also assess opportunities to expand internationally, supporting projects across EMEA and beyond. In addition to liquid bulk storage, the cooperation will target clean energy carriers and critical infrastructure assets, such as pipelines, jetties, and integrated storage solutions. Advario, based in Europe's largest port city, Rotterdam, has 14 terminals across more than 10 countries and brings decades of experience in handling chemicals, gases, petroleum products, and new energy forms. The Dutch company's expertise would complement AD Ports Group's world-class ports infrastructure, enabling both partners to capture emerging opportunities in the evolving energy landscape.
Trade Arabia
21-05-2025
- Business
- Trade Arabia
AD Ports, Advario eye clean energy storage JV
AD Ports Group, a leading facilitator of global trade, logistics, and industry, signed a head of terms agreement with Advario, a leading global provider of tank storage and infrastructure solutions, to explore establishing a joint venture to develop and operate green energy and liquid bulk storage projects in the UAE and globally. The proposed joint venture, which would be 51% owned by AD Ports Group and 49% by Advario, has the potential to unlock significant growth opportunities in the fields of clean energy alternatives and bulk chemicals storage by leveraging the partners' complementary strengths, expertise, and market access, said a statement. AD Ports Group would work closely with Advario's UAE partner, Star Energy, to explore the collaboration. If a joint venture is created, Advario would build bulk storage tanks at Khalifa Port and supporting pipeline infrastructure to the Group's clients in KEZAD, the Middle East's largest integrated industrial zone network. By leveraging KEZAD's industrial base and fully integrated infrastructure, a collaboration will not only enhance AD Ports Group's existing liquid bulk capabilities, but create a launchpad for future investments in clean energy infrastructure, including hydrogen carriers such as ammonia, methanol, and other emerging fuels. Captain Mohamed Juma Al Shamisi, Managing Director & Group CEO, AD Ports Group, said: 'We look forward to exploring this joint venture, which has the potential to build on our Group's growing investment in sustainable infrastructure, in line with the vision of our wise leadership in the UAE to position Abu Dhabi as a global hub for multi-fuel bunkering and sustainable energy solutions. We look forward to exploring with Advario the possibility of leveraging to our combined capabilities to drive sustainability, operational excellence and deliver long-term value to our stakeholders.' Bas Verkooijen, Chief Executive Officer of Advario, said: 'We are excited to take this important step toward creating a joint venture with AD Ports Group. This partnership supports our long-term vision to develop world-class infrastructure for the energy systems of tomorrow. By joining forces in the UAE, we are reinforcing our ambition to be a strategic partner in the region's transition toward greener and more resilient supply chains, building on our existing presence in the Middle East.' A joint venture would also assess opportunities to expand internationally, supporting projects across EMEA and beyond. In addition to liquid bulk storage, the cooperation will target clean energy carriers and critical infrastructure assets, such as pipelines, jetties, and integrated storage solutions. This focus supports AD Ports Group's broader strategy to strengthen Abu Dhabi's position as a key player in the global energy transition, it said.
Zawya
21-05-2025
- Business
- Zawya
AD Ports, Advario eye green energy, liquid bulk storage JV
AD Ports Group, a leading facilitator of global trade, logistics, and industry, has signed a Head of Terms Agreement with Advario, a leading global provider of tank storage and infrastructure solutions, to explore establishing a joint venture to develop and operate green energy and liquid bulk storage projects in the UAE and globally. The proposed joint venture, which would be 51% owned by AD Ports Group and 49% by Advario, has the potential to unlock significant growth opportunities in the fields of clean energy alternatives and bulk chemicals storage by leveraging the partners' complementary strengths, expertise, and market access. Advario, based in Europe's largest port city, Rotterdam, has 14 terminals across more than 10 countries and brings decades of experience in handling chemicals, gases, petroleum products, and new energy forms. The Dutch company's expertise would complement AD Ports Group's world-class ports infrastructure, enabling both partners to capture emerging opportunities in the evolving energy landscape. Under this deal, AD Ports Group would work closely with Advario's UAE partner, Star Energy, to explore the collaboration, said the Emirati company in a statement. If a joint venture is created, Advario would build bulk storage tanks at Khalifa Port and supporting pipeline infrastructure to the Group's clients in Kezad, the Middle East's largest integrated industrial zone network, it stated. By leveraging Kezad's industrial base and fully integrated infrastructure, a collaboration will not only enhance AD Ports Group's existing liquid bulk capabilities, but create a launchpad for future investments in clean energy infrastructure, including hydrogen carriers such as ammonia, methanol, and other emerging fuels. Managing Director & Group CEO Captain Mohamed Juma Al Shamisi said: "We look forward to exploring this joint venture, which has the potential to build on our group's growing investment in sustainable infrastructure, in line with the vision of our wise leadership in the UAE to position Abu Dhabi as a global hub for multi-fuel bunkering and sustainable energy solutions." "We look forward to exploring with Advario the possibility of leveraging to our combined capabilities to drive sustainability, operational excellence and deliver long-term value to our stakeholders," he stated. Advario CEO Bas Verkooijen said: "We are excited to take this important step toward creating a joint venture with AD Ports Group. This partnership supports our long-term vision to develop world-class infrastructure for the energy systems of tomorrow." "By joining forces in the UAE, we are reinforcing our ambition to be a strategic partner in the region's transition toward greener and more resilient supply chains, building on our existing presence in the Middle East," he stated. A joint venture would also assess opportunities to expand internationally, supporting projects across EMEA and beyond. In addition to liquid bulk storage, the cooperation will target clean energy carriers and critical infrastructure assets, such as pipelines, jetties, and integrated storage solutions. This focus supports AD Ports Group's broader strategy to strengthen Abu Dhabi's position as a key player in the global energy transition.- TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
20-05-2025
- Business
- Trade Arabia
AD Ports, Advario eye green energy, liquid bulk storage JV
AD Ports Group, a leading facilitator of global trade, logistics, and industry, has signed a Head of Terms Agreement with Advario, a leading global provider of tank storage and infrastructure solutions, to explore establishing a joint venture to develop and operate green energy and liquid bulk storage projects in the UAE and globally. The proposed joint venture, which would be 51% owned by AD Ports Group and 49% by Advario, has the potential to unlock significant growth opportunities in the fields of clean energy alternatives and bulk chemicals storage by leveraging the partners' complementary strengths, expertise, and market access. Advario, based in Europe's largest port city, Rotterdam, has 14 terminals across more than 10 countries and brings decades of experience in handling chemicals, gases, petroleum products, and new energy forms. The Dutch company's expertise would complement AD Ports Group's world-class ports infrastructure, enabling both partners to capture emerging opportunities in the evolving energy landscape. Under this deal, AD Ports Group would work closely with Advario's UAE partner, Star Energy, to explore the collaboration, said the Emirati company in a statement. If a joint venture is created, Advario would build bulk storage tanks at Khalifa Port and supporting pipeline infrastructure to the Group's clients in Kezad, the Middle East's largest integrated industrial zone network, it stated. By leveraging Kezad's industrial base and fully integrated infrastructure, a collaboration will not only enhance AD Ports Group's existing liquid bulk capabilities, but create a launchpad for future investments in clean energy infrastructure, including hydrogen carriers such as ammonia, methanol, and other emerging fuels. Managing Director & Group CEO Captain Mohamed Juma Al Shamisi said: "We look forward to exploring this joint venture, which has the potential to build on our group's growing investment in sustainable infrastructure, in line with the vision of our wise leadership in the UAE to position Abu Dhabi as a global hub for multi-fuel bunkering and sustainable energy solutions." "We look forward to exploring with Advario the possibility of leveraging to our combined capabilities to drive sustainability, operational excellence and deliver long-term value to our stakeholders," he stated. Advario CEO Bas Verkooijen said: "We are excited to take this important step toward creating a joint venture with AD Ports Group. This partnership supports our long-term vision to develop world-class infrastructure for the energy systems of tomorrow." "By joining forces in the UAE, we are reinforcing our ambition to be a strategic partner in the region's transition toward greener and more resilient supply chains, building on our existing presence in the Middle East," he stated. A joint venture would also assess opportunities to expand internationally, supporting projects across EMEA and beyond. In addition to liquid bulk storage, the cooperation will target clean energy carriers and critical infrastructure assets, such as pipelines, jetties, and integrated storage solutions.
Zawya
20-05-2025
- Business
- Zawya
AD Ports Group, Advario explore JV to develop clean energy infrastructure
AD Ports Group has signed a head of terms agreement with Netherlands-based Advario to explore a joint venture to develop and operate green energy and liquid bulk storage projects in the UAE and globally. Under the proposed deal, the UAE company will own 51 percent of the joint venture, while Advario will hold the remaining 49 percent. AD Ports will work with Star Energy, Advario's partner in the UAE, to explore the partnership, the company said in a statement. Advario plans to build bulk storage tanks at Khalifa Port to support pipeline infrastructure for the group's clients in the Kezad free zone if the joint venture is formed. The collaboration will create a launchpad for investments in clean energy infrastructure, including hydrogen carriers such as ammonia, methanol, and other emerging fuels. The joint venture will explore opportunities to expand internationally, focusing on projects across Europe, the Middle East and Africa (EMEA) and beyond. The cooperation will also target clean energy carriers and critical infrastructure assets, such as pipelines, jetties, and integrated storage solutions. Advario, based in Rotterdam, Europe's largest port city, has 14 terminals across more than 10 countries. (Writing by P Deol; Editing by Anoop Menon) (
