Latest news with #liquidbulk
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
20-05-2025
- Business
- Zawya
AD Ports Group, Advario sign agreement for liquid bulk storage of clean energy, chemicals joint venture
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 percent owned by AD Ports Group and 49 percent 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. 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. 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.
Zawya
12-05-2025
- Business
- Zawya
South Africa: 5 preferred bidders for TNPA $928mln liquid bulk and green fuel terminals
Five companies have been named as preferred bidders or the development of Transnet National Ports Authority (TNPA) liquid bulk and green fuel terminals in the South Dunes Precinct of the Port of Richards Bay for a 25-year concession period. Five companies have been named as preferred bidders or the development of Transnet National Ports Authority (TNPA) liquid bulk and green fuel terminals in the South Dunes Precinct of the Port of Richards Bay for a 25-year concession period The development, worth approximately R17bn, is integral to expanding the port's liquid bulk handling capacity while advancing South Africa's energy transition. 5 preferred bidders Following a Request for Proposals (RFP) issued on 6 December 2023 under the Section 56 process of the National Ports Act (No. 12 of 2005), TNPA has awarded preferred bidder status to five companies to develop five liquid bulk terminals. The successful preferred bidders are: - KZN Oils (Pty) Ltd - Linsen Nambi (Pty) Ltd - Protank (Pty) Ltd - Bidvest/Mnambithi Consortium - KNGM Engineering (Pty) Ltd. The project will entail funding, design, development, construction, operation, maintenance and transfer of the liquid bulk terminals for a 25-year concession period. The sites will be designed to handle various petrochemical products that are critical for the economy of the country, including but not limited to diesel, petroleum, jet fuel, marine fuels, biofuel, hydrogen, liquefied petroleum gas (LPG), pure butane, pure propane, base oils and bitumen. TNPA's masterplan for KZN This forms part of TNPA's masterplan for its KZN ports, aligned with the broader Transnet Segment Strategy. In making the announcement, the Richards Bay Port manager captain, Dennis Mqadi, emphasises the significance of this milestone. 'The award of preferred bidders for the South Dunes Precinct development is a major milestone in strengthening the Port of Richards Bay's position as a premier liquid bulk and green fuel hub. 'Securing long-term investment in critical infrastructure ensures the port remains globally competitive while contributing to South Africa's energy security objectives.' Private sector investment The South Dunes Precinct development aligns with TNPA's commitment to attract private-sector investment, modernising terminal infrastructure and ensuring long-term sustainability. By enhancing the port's terminal capacity, the development will enable economic growth, job creation, and allow opportunities for new entrants to participate in terminal operations. Negotiations to conclude the Terminal Operator Agreements will now commence accordingly. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
