Fertiglobe, the partnership between ADNOC and OCI Global, the world’s largest seaborne exporter of urea and ammonia combined, the largest nitrogen fertiliser producer in the Middle East and North Africa (MENA) region, and an early mover in sustainable ammonia, has signed a non-binding memorandum of understanding (MoU) with AD Ports Group to explore logistics and supply chain opportunities for storing and shipping urea and ammonia at ports in Egypt and the UAE.
The two companies will explore opportunities to leverage AD Ports Group’s cargo handling and storage infrastructure. Fertiglobe and AD Ports Group will also explore potential collaboration opportunities in other geographies as well as the development of supply chain solutions for green ammonia, a hydrogen carrier, with Fertiglobe’s existing operations strategically located near key shipping routes.
Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group, commented: “We anticipate that this will become a remarkable step towards a greener, more efficient future. As two homegrown champions, AD Ports Group and Fertiglobe are embarking on this strategic collaboration that holds immense potential.”
