Abu Dhabi’s trade, transport and logistics solutions expert AD Ports Group and maritime, logistics, leisure and energy platform Columbia Group have formed a ship management joint venture.
The aim of the joint venture, Noatum – CSM Limited, is to optimise third party vessel operations, and that of AD Ports Group’s ocean-going fleet, through “state-of-the-art” fleet management systems, according to AD Ports Group announcement.
The newly formed entity combines Columbia Group’s expertise in advanced fleet management systems and AI-driven performance analytics, with AD Ports Group’s diverse fleet and extensive ship management experience, both globally and regionally, the company added in its statement.
The joint venture is expected to benefit from immediate access to Columbia Group’s Performance Optimisation Control Room (POCR), a digital platform which provides continuous live monitoring and decision support tools to optimise voyages, speed, bunker usage, and emissions.
“This partnership symbolises a pivotal advancement in maritime asset management, merging the strengths of Columbia Group and AD Ports Group,” noted captain Ammar Mubarak Al Shaiba, CEO of the Maritime & Shipping Cluster at AD Ports Group.
Mark O’Neil, president and CEO of Columbia Group, said: “This partnership marks a significant milestone in our shared vision to set new standards in maritime asset management. Combining Columbia’s global expertise with AD Ports Group’s strong presence in the Middle East will drive operational excellence and innovation in the region’s maritime sector.”
Noatum – CSM Limited will be based in the UAE and support day-to day management and introduce comprehensive crew management, procurement, training, and other operational services.
