AD Ports and IRH Sign Fuel Agreement at Khalifa Port

AD Ports Group and IRH Global Trading signed a Memorandum of Understanding (MoU) to explore strategic cooperation in ship fuel supply services and alternative marine fuels at Khalifa Port.

The agreement outlines potential collaboration in various areas, including the supply of fuel to vessels arriving at the terminal, the development of alternative fuel solutions such as liquefied natural gas (LNG), biofuels, and methanol, and the exploration of opportunities related to fuel storage infrastructure, terminal facilities, and fuel sampling and analysis capabilities.

Saif Al Mazrouei, CEO of AD Ports Group's Ports Cluster, stated that "this collaboration reflects our commitment to forging strategic alliances that generate sustainable long-term value. By working alongside trusted partners like IRH, we enhance our capabilities and support the development of future-ready infrastructure and services that strengthen the UAE's position as a leading global trade and logistics hub, in line with the vision of our wise leadership."

Ali Rashed Alrashdi, CEO of International Resources Holding Group, explained that "this collaboration with AD Ports Group reflects IRH's commitment to creating strategic alliances that generate real economic impact. As we continue to develop our global energy trading platform, ship fuel supply and alternative marine fuels represent a high-potential growth area. We consider Khalifa Port an ideal base to explore these opportunities and look forward to working closely with AD Ports Group to make them a reality."

Through this collaboration, AD Ports Group and IRH Global Trading seek to further enhance the value proposition of Khalifa Port as a deep-water multipurpose terminal that supports efficient, sustainable, and forward-looking maritime operations.

IRH Global Trading is a global strategic commodity trading company with interests across the mining and energy value chain, and plans to build a diversified global mineral and energy trading platform, including liquefied natural gas (LNG), liquefied petroleum gas (LPG), crude oil, and derivative products. The collaboration will explore leveraging IRH's international trading capabilities alongside AD Ports Group's world-class port infrastructure and commercial ecosystem.