DUBAI: Abu Dhabi Maritime and the Abu Dhabi National Oil Company (ADNOC) have signed an agreement to protect the UAE capital’s waterways, state news agency WAM has reported.
The five-year agreement will allow both agencies to exchange information, data and expertise on the regulation and management of maritime activities, infrastructure developments, and facilities across Abu Dhabi.
It will allow “our maritime community to optimize environmentally friendly and efficient rules and regulations to govern the safe passage of maritime traffic within our ports and across our waterways,” Saif Rashid Al-Mheiri, managing director of Abu Dhabi Maritime, said.
ADNOC provides shipping, maritime, port, logistics, and oil field services to its customers, making it a major player in Abu Dhabi’s maritime sector. It has petroleum ports in Jebel Dhanna, Ruwais, Das, Zirku and Mubarraz.
Abu Dhabi Maritime is the emirate’s dedicated custodian of waterways and marine ecosystems.
UAE’s ADNOC net profit increased by 10% in 2020Abu Dhabi banks invested $7.1b in debt securities in 2020