The Port of Amsterdam, STC-Group Holding and Iskes Towage & Salvage of the Netherlands have signed a Memorandum of Understanding (MoU) with the Port of Fujairah (PoF), one of the largest oil storage and bunkering hubs in the world. The agreement focuses on developing further existing levels of cooperation in a number of areas.
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 carried out an assessment of the current marine operations in the port of Fujairah in 2015 making a number of recommandations which have since been implemented. Subsequently, Iskes and STC-Group set up training programmes for Port of Fujairah employees.
With the conclusion of these initiatives, the various parties involved expressed a desire to continue their cooperation, leading to the MOU. While the oil products market is one where there is expected to be mutual added value, both ports have ambitions beyond this specific cargo type and so the strategic cooperation will seek a broader scope, in order to extend its benefits to other areas as well.
The chief executive of the Port of Amsterdam, Koen Overtoom, said, “With the 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 development. We look forward to the continuation of this strategic partnership and the benefits it will bring to both sides.”
This sentiment was echoed by Captain Mousa Murad, the general manager of Port of Fujairah. He said “The port has grown rapidly over the years, and we are very proud of all that we have accomplished. However we also recognise that the support of partners is instrumental in maintaining and expanding our position.”