AD Ports Group subsidiary, Noatum Maritime, has further extended its presence in the Middle East region by acquiring a majority stake in the Egyptian shipping company and maritime services provider, Safina. The move also complements AD Ports Group’s broader strategy for growth in Egypt, which was recently highlighted with the signing of concession agreements for the management and operation of cruise and ro-ro terminals in Safaga, Hurghada, Sharm El Sheikh and Sokhna ports.
Safina is...
https://www.themaritimestandard.com/noatum-acquires-egyptian-shipping-agency/