Noatum Maritime, a subsidiary of AD Ports Group, and Erkport, a Turkish shipping company, have announced the formation of a joint venture, "United Global Ro-Ro," to provide global Roll-on/Roll-off (Ro-Ro) and vehicle logistics transportation services, according to the company's release.
According to the terms of the agreement, Noatum Maritime will hold a 60% stake in the venture, while Erkport will retain the remaining 40%. The joint venture aims to establish an integrated network for global automobile movement and heavy cargo transportation.
The operational strategy includes developing regional feeder networks and expanding Ro-Ro liner services across Europe, the Mediterranean Sea, South Africa, the Arabian Gulf, and Asia. The joint venture will commence operations with 11 vessels deployed across five services, utilizing Container Ro-Ro (ConRo), Pure Car and Truck Carrier (PCTC), and Ro-Ro vessels.
The joint venture is projected to expand the global reach of Ro-Ro liner services through collaborative innovation.