Emirates Steel signs $272m deal for shipping services

Emirates Steel has signed a AED1bn ($272m) agreement with Abu Dhabi Ports to provide shipping and logistics services.

Under the deal Abu Dhabi Marine Services (Safeen), a subsidiary of Abu Dhabi Ports, will provide services for three shipments of iron ore per month. It will also be responsible for the for the purchase, rental, delivery and the logistical operations of the cargo ships and trailers for Emirates Steel.

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Emirates Steel signs $272m deal for shipping services

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