Abu Dhabi-based ports and logistics giant AD Ports Group and shipmanagement group Columbia have established a joint venture, Noatum – CSM.
The jv will aim to optimise third-party vessel operations and that of AD Ports Group’s fleet through “state-of-the-art” fleet management systems.
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 companies said in a joint statement.
The venture is expected to benefit from immediate access to Columbia’s 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. As we expand our capabilities, we are benefitting our clients by elevating quality and efficiency,” said Ammar Mubarak Al Shaiba, CEO of the Maritime & Shipping Cluster at AD Ports Group.
Mark O’Neil, president and chief executive of Columbia Group, added: “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 will be based in the UAE and support day-to-day management and introduce comprehensive crew management, procurement, training, and other operational services.
