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Home World News Middle East

Ad Ports Group, KazMorTransFlot to expand Caspian Sea operations

January 17, 2025
in Middle East
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AD Ports Group, KazMorTransFlot to expand Caspian Sea operations
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Image: Supplied

Noatum Maritime, the maritime and shipping arm of AD Ports Group, has signed a heads of terms agreement with Kazakhstan National Shipping Company – KazMorTransFlot (KMTF), a subsidiary of KazMunayGas, the Kazakh National Oil Company, to expand operations in the Caspian Sea region.

The collaboration aims to bolster Kazakhstan’s shipping and logistics capabilities by focusing on the construction of two new container vessels.

Each vessel, designed specifically for the Caspian Sea, will feature a capacity exceeding 500 TEUs.

These vessels, which will be larger than existing vessels in the region, are expected to enhance operational efficiency with advanced cargo handling systems and improve scheduling and turnaround times.

Noatum Maritime-KazMorTransFlot agreement highlights

The agreement also outlines plans to develop a new trans-Caspian Sea intermodal system. This initiative will involve high-capacity ferries and the development of the corresponding terminal infrastructure, drastically reducing transit times for Kazakh exporters and other stakeholders along the Middle Corridor.

In addition, the partnership includes expanding the tanker fleet for crude oil transportation, further strengthening Kazakhstan’s energy sector and deepening the collaboration between AD Ports Group and KMTF.

Captain Ammar Al Shaiba, CEO of the Maritime & Shipping Cluster at AD Ports Group, highlighted the strategic importance of the partnership, saying, “We remain deeply committed towards our vision of facilitating international trade by enhancing and expanding our collaboration with our valued partners in Kazakhstan. Together we have achieved much success in the Caspian region, underscoring the strength of our partnership. This agreement not only solidifies our bond but also paves the way for new opportunities and shared growth.”

Aidar Orzanhov, director general of KazMorTransFlot, echoed these sentiments, stating, “We are proud to strengthen our collaboration with AD Ports Group, a trusted partner that shares our vision for advancing trade and logistics in the Caspian Sea region. Together we are creating new opportunities that will benefit not only our organisations but also the wider economy.”

The agreement builds on the foundation of the joint venture formed in 2022, Caspian Integrated Maritime Solutions (CIMS), which has played a key role in providing integrated offshore solutions and shipping services in the Caspian Sea region.

This latest step signals a continued commitment by both parties to enhance maritime connectivity and trade within the Caspian Sea, further aligning Kazakhstan’s growing energy and logistics sectors with global supply chains.

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Tags: ad portskazakhstan national shipping companylogisticsnoatum maritimeShipping
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