Noatum Maritime, part of AD Ports Group, has established a new joint venture with Erkport, a Turkish-based Ro-Ro line, launching a new Ro-Ro liner business with integrated networks.
Under the terms of the agreement, Noatum Maritime will own a 60 per cent stake in the joint venture, with Erkport owning the remaining 40 per cent.
Operating under the brand United Global Ro-Ro, the venture will provide an integrated product for global automobile movement, along with high and heavy transportation.
In parallel, it will develop and integrate regional feeder networks catering to diverse markets, as well as enhance the accessibility and reach of Ro-Ro liner services across Europe, the Mediterranean Sea, South Africa, the Arabian Gulf, and Asia, connecting regional and international hubs.
The partnership aims to consolidate both parties' extensive fleets and logistical infrastructure.
Noatum Maritime and Erkport will jointly deploy container Ro-Ro (ConRo), pure car and truck carrier (PCTC), and Ro-Ro vessels on the commencement of operations. In total, United Global Ro-Ro will start with 11 vessels deployed on five services.