citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . january 2012 learn how and when to remove this template message ab maritime type public founded 1985 headquarters aqaba jordan area served red sea revenue us 57 million 2009 1 operating income us 59 million 2009 total assets us 80.0 million 2009 website http www.abmaritime.com.jo arab bridge maritime company was founded in november 1985 to connect commercial routes in asia and africa . the company was founded by the governments of egypt iraq and jordan . the company has its headquarters in aqaba and has branches in amman and cairo . ab maritime also has offices in alexandria sharm el sheikh taba baghdad kuwait abu dhabi mecca madina doha and in riyadh . the company also owns 50 % of the arab ship management company and 30 % of jordan academy for maritime studies . contents 1 history 2 executive management 3 general info 4 touristic line 5 fleet 6 references history edit arab bridge maritime is the outcome of the significant joint venture between the governments of jordan egypt and iraq . ab maritime was founded in november 1985 with a paid up capital of 6 million distributed equally between the three partner governments . the capital was increased from profits several times to become 81 million in 2011 . due to the strategic location of both aqaba and nuweiba as the only gateway between the arab countries in both africa and asia the company was granted an exclusive concession by the governments of jordan and egypt to operate the aqaba nuweiba ferry service line for the transportation of passengers goods and vehicles of all sorts . the company started its operations with hired vessels but ab maritime currently owns its own fleet of six vessels with an estimated value of over 80 million and is planning to increase its fleet force in the near future in order to serve the current expansion of its operations . ab maritime is managed by an elected executive team of professionals nominated by the board of directors . citation needed executive management edit mr. hussien al soub managing director ad . yousry el akhras deputy managing director capt. kathem taher hashim deputy managing director general info edit abmaritime s capital was increased from profits to become 81 millions in 2011 . the launching of book in advance automated service which allows the customers to book their tickets prior to the trip from any abm offices at jordan ksa egypt syria and arab states of the persian gulf countries . build a desalination plant in nuweiba to provide pure water to the fleet . signing contracts with new agents in syria ksa and persian gulf countries . ab maritime chosen as the agent for land and maritime iraqi imports from jordan . ab maritime also owns 50 % shares from the arab ship management ltd. 30 % shares of the jordanian academy for maritime studies permanent offices in aqaba amman and cairo desalination plant in nuweiba . shipping lines ab maritime operates in the red sea on the lines between aqaba nuweiba morocco spain malta libya touristic line edit ab maritime introduced the services of high speed crafts babel the princess and queen nefertiti with the aim of encouraging tourists to visit resorts in south sinai taba nuweibaa dahab and sharm al sheikh and also to explore the golden triangle in jordan aqaba rum and petra . ab maritime will work on strengthening the service of the touristic line by using the competitive advantage for aqaba being an economical free zone and for petra being one of the seven wonders of the world throughout organizing regular touristic trips . fleet edit the company operates a fleet of six vessels the princess queen nefertiti babel sinaa bridge aylah and amman . the fleet operates on the lines connecting aqaba in jordan to nuwieba in egypt and aqaba to taba . references edit achievements 2008 . ab maritime . retrieved from https en.wikipedia.org w index.php title arab bridge maritime & oldid 723523360 categories multinational companieshidden categories articles needing additional references from january 2012all articles needing additional referencesall articles with unsourced statementsarticles with unsourced statements from january 2012 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 3 june 2016 at 14 59 . text is available under the creative commons attribution sharealike license ; 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