Abu Dhabi–UAE, April 02, 2020: SAFEEN, Abu Dhabi Ports’ maritime service arm, has announced a successful acquisition of a Post Panamax bulk carrier, making it largest vessel ever to join its inventory.
Built in Romania and in service since 2006, the vessel will operate under the name “HAFEET” and will initially undergo an extensive conversion, prior to commencing operations. The refitting will include state-of-the-art cranes and conveyor system, which, when combined with other design parameters, will render the vessel a potent and efficient transhipment platform, enabling SAFEEN to provide solid bulk cargo transhipment services.
Once its conversion is fully complete in the latter part of 2020, M/V HAFEET will be based at Musaffah and will be tasked with supporting Emirates Steel’s transhipment requirements. Commencing its operations in January 2021, the vessel will assist in discharging bulk iron ore bound for Emirates Steel from incoming bulk carriers more efficiently, thereby economizing the turnaround time for the large ocean going vessels.
Captain Adil Banihammad, Head of Maritime Cluster & Chief Executive Officer, SAFEEN – Abu Dhabi Ports, said: “The acquisition and the eventual commissioning of HAFEET marks a significant step for our SAFEEN team as it greatly enhances our ability to serve our customers and provide them with world-class maritime services. Even more importantly, however, the vessel is part of a larger expansion strategy by Abu Dhabi Ports aimed at broadening our portfolio of services, and taking our experience and service excellence to the wider bulk transshipment market. We firmly believe that by challenging ourselves and looking beyond our horizons, we will benefit not only our current and future customers, but also our broader emirate as well.”
Boasting a summer deadweight of up to 101,648 metric tonnes and diesel engines capable of generating up to 15,200 horsepower, M/V HAFEET includes a total of seven holds for cargo storage, making it a natural fit for the delivery of efficient transhipment services.
Aside from being fitted with four advanced cranes and a conveyor system needed for cargo handling, the vessel will receive new hoppers, grabs, and additional generators to support its increased power requirements.
As the largest vessel in SAFEEN’s inventory, it bears the name of Jabal Hafeet, the sole mountain in the Emirate of Abu Dhabi, which overlooks the UAE’s border with Oman. Standing at a height of 1,240 metres, the mountain is the highest peak in the Emirate. The mountain was officially incorporated into the Sheikh Zayed Network of Protected areas in 2018.
Thank you for your interest in our Investor downloads. You will be added to our investor database to receive updates from our investor relations teams by filling in the form.
This website contains general information about Abu Dhabi Ports PJSC (AD Ports Group) (the “Company”). The contents have been made available to you solely for information purposes and does not purport to be complete. By reading information on this website you agree to be bound as follows: nothing on this website shall constitute or deemed to constitute an invitation to invest or otherwise deal in securities in the Company.
Any investor or prospective investor considering making a transaction of securities in the Company should consult with its own counsel and advisers as to all financial, legal, tax, and related matters concerning an investment in such securities.
This website contains forward‐looking statements. These statements may include the words “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate”, “project”, “will”, “may”, “targeting” and similar expressions as well as statements including, without limitation, those regarding the financial position, business strategy, plans, targets and objectives of the management of the Company for future operations, including development plans and objectives. Such forward‐looking statements involve known and unknown risks, uncertainties and other important factors which may affect the Company’s ability to implement and achieve results set out in such forward‐looking statements and which may cause actual results and developments to be materially different from any forecast, opinion or expectation expressed on this website.
By clicking Accept, I understand that I may be contacted by AD Ports Group and Affiliates in relation to this event and other similar events and services relevant to my industry. By registering for this event, I acknowledge that AD Ports Group and Affiliates may contact me as described herein and as otherwise set out in the Privacy Policy and in accordance with stated Terms and Conditions