Dutch Port of Amsterdam, STC-Group Holding and Iskes Towage & Salvage are looking to expand their cooperation with UAE-based oil storage and bunkering hub Port of Fujairah (PoF).
The parties signed a Memorandum of Understanding (MoU) in Amsterdam which focuses on further strategic cooperation.
Located on the east coast of the United Arab Emirates, the port of Fujairah has seen tremendous growth in the past decades, turning from a regional multi-purpose port into an important part of the global oil supply chain.
As part of Amsterdam Port Consultants (APC), a port advisory foundation consisting of partners with strong ties to Amsterdam, Port of Amsterdam, STC-Group and Iskes executed an assessment of the current marine operations in the port of Fujairah in 2015.
Recommendations were implemented since then, while Iskes and STC-Group set up training programmes for PoF employees. With the conclusion of the implementation track, all parties expressed a desire to continue the cooperation.
The strategic cooperation will seek a broader scope, in order to extend its benefits to other areas as well, according to the Port of Amsterdam.
“We are a true Port of Partnerships. We look for strong, long-term relations with organisations, like STC-Group and Iskes, and with other ports. With Port of Fujairah, we have found a partner that plays a large role in a supply chain that is both very important to the port of Amsterdam and one that is subject to rapid developments,” Koen Overtoom, CEO of Port of Amsterdam, said.