The Emstile Group has announced the signing of a maritime transportation agreement for raw materials with Oldendorff Carriers, spanning five years and projected to reach a total value of approximately 600 million dirhams over the contract’s duration. This reflects the significance of the partnership and its strategic importance.
Under this renewed agreement, Oldendorff Carriers will continue to provide specialized shipping services for raw material shipments to Emstile’s steel plants located in Abu Dhabi. The focus will be on maintaining the highest safety standards, ensuring a steady supply chain, and adhering to responsible practices within the maritime transport sector.
This agreement extends over 20 years of ongoing collaboration between Emstile and Oldendorff Carriers, reinforcing a partnership that has played a crucial role in supporting Emstile’s industrial growth and enhancing the reliability of its supply chains.
Oldendorff Carriers will be tasked with transporting approximately 5.2 million tons of iron ore pellets annually from various sources. This will establish a key logistical connection between Emstile and its iron ore pellet suppliers, facilitating smooth operational coordination, ensuring timely deliveries, and fostering collaboration at various stages of the supply chain.
Trustworthy Partners
Engineer Saeed Ghamran Al-Rumithi, CEO of the Emstile Group, stated that the long-term agreement with Oldendorff Carriers underscores Emstile’s commitment to partnering with reliable entities that share core values of efficiency and dependability. He emphasized that this agreement will ensure steady and efficient raw material supplies, enhancing the group’s readiness to meet the demands of the infrastructure and industrial sectors while supporting sustainable development paths.
Patrick Hutchins, CEO of Oldendorff Carriers, expressed the company’s readiness to continue this long-standing partnership with Emstile, which has been built over years of cooperative work founded on trust and transparency. He looks forward to building on this solid foundation to enhance areas of collaboration in the future. The renewed partnership reflects both parties’ commitment to establishing a long-term cooperation based on operational reliability and achieving mutual growth to meet Emstile’s production needs and contribute to the development of the industrial sector in the region.