According to Amac News; under the terms of the agreement, Noatum Maritime, the largest provider of diversified maritime services in the Middle East, will hold a 60% stake in the JV, with Erkport owning the remaining 40%.

This partnership is strategically positioned to connect key ports in the automotive industry and will operate under the brand "United Global Ro-Ro," providing an integrated product for global vehicle movement as well as heavy and oversized transportation.
In parallel, the collaboration will develop and integrate regional feeder networks to cater to diverse markets, enhancing the accessibility and reach of Ro-Ro services across Europe, the Mediterranean Sea, South Africa, the Arabian Gulf, and Asia, connecting regional and international hubs.
The goal of this partnership is to consolidate both parties' extensive fleets and logistical infrastructures, along with operational expertise and reliability, creating a business optimized for Ro-Ro shipping operations.
Noatum Maritime and Erkport will jointly deploy Container Ro-Ro (ConRo), Pure Car and Truck Carrier (PCTC), and Ro-Ro vessels at the commencement of operations. In total, the JV will start with 11 vessels across five services.
Ammar Al Shaiba, CEO of the Maritime and Shipping Cluster at AD Ports Group, stated, "The demand for efficient cargo transportation continues to rise, and this strategic partnership allows us to expand in the Ro-Ro shipping industry, consistently explore new markets, and capitalize on emerging opportunities."
He added that this collaboration is set to further streamline operations through integrated regional feeder networks, reduce transit times, and enhance cargo delivery efficiency. Moreover, Erkport's established presence and experience in the Ro-Ro sector, along with their successful track record in developing and managing their own Ro-Ro business, make them an ideal partner for this joint venture.
Tolga Emrah Gezgin, Chairman of Erkport, said, "This collaboration with Noatum Maritime marks a significant milestone as we join forces to expand the Ro-Ro shipping and vehicle logistics sector."
He added, "Erkport's market knowledge and expertise in Ro-Ro operations, combined with Noatum Maritime's extensive global network and capabilities, create a powerful collaboration that will unlock opportunities for each of us, and of course, our customers."