On 13th December 2006 the Aqaba Development Corporation (ADC), a private shareholding company in the Hashemite Kingdom of Jordan and Lamnalco Jordan Company (LAMJO), a joint venture between Lamnalco Limited, Cyprus and Jordan National Shipping Lines Company, signed an agreement to establish Aqaba Port Marine Services Company (APMSCO).
APMSCO Port businesses are governed by the Joint Development Agreement (JDA) dated 16 December 2006, signed with Aqaba Development Corporation (ADC) acting as a grantor, representing the Jordanian Government.
The JDA guarantees APMSCO the exclusive rights to provide specific marine services to all vessels arriving to and departing from the port of Aqaba. It also provides APMSCO Port with the Key Performance Indicators (KPIs) which ADC actively monitors.
APMSCO achieved another major milestone on 24th July 2014, when the existing JDA was acknowledged in APMSCO LNG’s Tripartite Agreement (TPA) with ADC and the Ministery of Energy and Mineral Resources (MEMR). This TPA expanded APMSCO’s marine services to all LNG traffic, while MEMR subsequently assigned this agreement to the National Electric Power Company (NEPCO) through a ministerial resolution dated 1 September 2014.

APMSCO commenced operations in March 2007 and since that date APMSCO has contributed to the modernization process of the port, its transport infrastructure and stands very proud in complementing this dynamic development program through the provision of competitive and cost effective services to Aqaba Port Customers and stakeholders.