30
Jan
14:15
Emirates Steel agrees Abu Dhabi Ports marine services
Emirates Steel (ESI) has signed a AED 1 billion ($272.3 million) strategic agreement for Abu Dhabi Marine Services (Safeen) to provide short marine shipping services for three shipments of iron ore per month.
The ten-year agreement, to be implemented from January 2021, will also see Safeen be responsible for the purchase, rental, delivery, operation and maintenance of cargo ships, trailers and unloading equipment for ESI. Safeen is a subsidiary of Abu Dhabi…
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