The combined entity, named "EEC Middle East Shipping, Ship Management and Operations LLC", represents a significant milestone in EEC’s commitment to innovation and growth in vessel ownership, ship recycling, shipyard management and supply chain logistics.
The JV leverages the strengths of both entities to achieve the following goals:
Capt. Uday Yellapurkar, the designated Chairman of the Board of Directors and CEO of the JV Company commented, "This JV aims to transform ship recycling and add much needed capacity for responsible green recycling in compliance with the highest ship recycling standards and away from the coastal sea beaches”.
Abubaker Al Khoori, CEO of Capital Investments, reaffirmed his strong belief in the business concept stating, "This JV is in line with UAE's COP28 initiative, and we are enthusiastic about the potential benefits for clients, employees, and stakeholders”.
For more information about EEC Middle East Shipping, Ship Management and Operations LLC and its initiatives, please contact: Satyajit Roy at +971504818641 or firstname.lastname@example.org
The Abu Dhabi based EEC Middle East Holdings LLC is a sister concern of the Netherland based Elegant Exit Company BV. The promoters have rich experience in ship ownership and various successful maritime startup projects. The group is now dedicated to driving innovation and creating value in ship recycling for selected customers.
Capital Investments LLC is a part of Abu Dhabi Capital Group, one of the leading private institutional investment groups in MENA.