The Arab Shipbuilding and Repair Yard Company (ASRY) has signed a strategic agreement with the Arab Maritime Petroleum Transport Company (AMPTC) to provide docking and maintenance services for AMPTC’s fleet of tankers operating in the region.
Details of the Agreement
The agreement was formalized during a meeting attended by:
- Engineer Adel Aljasem, Chairman of the Board.
- Dr Ahmed AlAbri, ASRY’s Chief Executive Officer.
- Mr Hocine Boudia, AMPTC’s Director General.
Senior officials from both organizations were also present, highlighting the importance of the partnership.
Statements from Key Stakeholders
- Engineer Adel Aljasem, Chairman of ASRY, lauded the collaboration:
“This partnership is a fraternal example of Arab companies working together under a shared vision. It underscores the importance of diversifying income sources, enhancing productivity, and maintaining operational excellence.”
He also commended ASRY’s advanced facilities and expertise, positioning it as a leading maritime firm in the Middle East. - Dr Ahmed AlAbri, CEO of ASRY, emphasized the enduring partnership with AMPTC:
“Our relationship has always been built on mutual trust and shared objectives. This agreement enables us to deliver tailored, high-quality services to meet AMPTC’s fleet needs.”
He highlighted ASRY’s commitment to exceptional service quality, drawing on its decades of experience in the maritime sector. - Mr Hocine Boudia, Director General of AMPTC, expressed his confidence in ASRY’s capabilities:
“ASRY’s technical expertise and reputation make this partnership a clear example of successful collaboration between Arab enterprises. Together, we focus on mutual progress and economic growth.”
Strategic Implications
This agreement reinforces ASRY’s reputation as a key player in the maritime maintenance and repair industry and strengthens AMPTC’s operational efficiency. It also showcases the power of collaboration between Arab enterprises, paving the way for regional economic development.
This partnership reflects a shared commitment to excellence and innovation in the maritime industry while emphasizing the potential for mutual growth through strategic cooperation.
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Source: Robban Assafina