AD ports

AD Ports set to receive advanced cranes for new Safaga terminal in Egypt

AD Ports Group is ready to receive three new state-of-the-art Panamax cranes from Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC).

These cranes are earmarked for the Group’s new multipurpose cargo terminal in Safaga, Egypt, anticipated to commence operations in the second half of 2026.

AD Ports Group is allocating AE$193 million (US$52 million) to acquire three ship-to-shore (STS) cranes and six hybrid rubber tyred gantry (RTG) cranes for its Noatum Ports – Safaga Terminal.

This follows a...

https://container-news.com/ad-ports-set-to-receive-advanced-cranes-for-new-safaga-terminal-in-egypt/

AD Ports to explore investment opportunities in Pakistan

UAE-based port and terminal operator AD Ports Group formalized a Memorandum of Understanding (MoU) with the Pakistan Board of Investment in Karachi.

This agreement aims to investigate the potential development of an industrial zone adjacent to Karachi Port and Port Qasim, enhancing trade and economic activities in the region.

In addition, the Group announced the signing of three other agreements, utilizing the comprehensive capabilities of its five-business cluster structure—encompassing ports,...

https://container-news.com/ad-ports-to-explore-investment-opportunities-in-pakistan/

AD Ports Group reports annual financial growth

AD Ports Group has announced its preliminary unaudited financial results for the fourth quarter and full year ending 31 December 2024.

The year was marked by robust organic growth, both operationally and financially, supported by inorganic growth driven by acquisitions, including Noatum and GFS, according to the company’s statement.

AD Ports reported a stronger balance sheet with lower leverage, enhanced liquidity, and improved cash flow generation, achieving positive Free Cash Flow to the Firm...

https://container-news.com/ad-ports-group-annual-financial-growth/

AD Ports completes restructuring of Noatum Group assets

AD Ports Group has announced the completion of a major restructuring in its corporate history, integrating the assets of the recently acquired Noatum Group into its existing business structure.

The integration of Barcelona-based Noatum Group, a vertically integrated provider of global logistics services with activities in 32 countries and 16 terminals in Spain, aims to leverage Noatum’s international brand equity and solidify AD Ports Group’s corporate structure.

Under the new business structure,...

https://container-news.com/ad-ports-completes-restructuring-of-noatum-group-assets/

AD Ports appoints Hassan Allam Construction to build Safaga Terminal

AD Ports Group has announced the appointment of Hassan Allam Construction, the flagship subsidiary of Hassan Allam Holding and a leading contractor in Egypt and the MENA region, to construct the infrastructure for the Noatum Ports – Safaga Terminal.

This terminal, located on Egypt’s Red Sea coast, will be the first internationally-operated port terminal in Upper Egypt.

Captain Mohamed Juma Al Shamisi, Managing Director and CEO of AD Ports Group, commented: “We are delighted to sign this...

https://container-news.com/ad-ports-appoints-hassan-allam-construction-to-build-safaga-terminal/

Maqta Gateway unveils rebrand

AD Ports Group, a global leader in trade, logistics, and industry, has announced the rebranding of Maqta Gateway to Maqta Technologies Group.

This transformation reflects the company’s strategic focus on digitalizing global trade through innovation, collaboration, and investment.

Maqta Technologies Group will consolidate AD Ports Group’s Digital Cluster capabilities under a unified master brand, encompassing Maqta Gateway, TTEK (customs modernization solutions), Dubai Technologies (trade and...

https://container-news.com/maqta-gateway-unveils-rebrand/

What lies behind AD Ports Group’s investment in Egypt?

AD Ports Group has entered into a framework agreement with the Egyptian government to investigate the possibility of employing a Build-Operate-Transfer (BOT) model for a new economic zone at East Port Said.

This collaboration with the Suez Canal Economic Zone (SC Zone) aims to establish and manage the East Port Said Industrial Zone, which is advantageously located near the Mediterranean entry to the Suez Canal.

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https://container-news.com/what-lies-behind-ad-ports-groups-investment-in-egypt/

Damen-built Bu Tinah sets Guiness World record as world’s most powerful electric tugboat

Demonstrating an average high peak bollard pull of 78.2 tonnes, the Damen RSD-E Tug 2513 Bu Tinah has gained a Guinness World Records title as the world’s most powerful electric tugboat.

The Bu Tinah was delivered by Damen earlier this year to SAFEEN, part of Abu Dhabi-based AD Ports Group’s maritime & shipping cluster, and is the first fully electric tug to operate in the Middle East. The record-breaking performance took place at Khalifa Port, AD Ports Group’s flagship facility and the award of...

https://www.marinelog.com/inland-coastal/coastal/damen-built-bu-tinah-sets-guiness-world-record-as-worlds-most-powerful-electric-tugboat/

Vietnam, UAE sign free-trade agreement

On 29/10, the United Arab Emirates (UAE) and Vietnam inked a comprehensive economic partnership agreement (CEPA), marking Vietnam’s first free-trade deal with a Middle Eastern nation.

The CEPA stipulates that the UAE will eliminate tariffs on 99% of Vietnamese exports, while Vietnam has agreed to abolish tariffs on 98.5% of UAE exports.

In this context, Vingroup JSC, a prominent private company in Vietnam, alongside AD Ports Group, a global leader in trade, transport, and logistics, entered into...

https://container-news.com/vietnam-uae-sign-free-trade-agreement/

AD Ports builds new yard capacity to absorb vehicle surge at Autoterminal Khalifa Port

AD Ports Group recorded a 30% surge in vehicle volumes through Autoterminal Khalifa Port in the first half of the year.

The company said it built new yard capacity “in record time” to meet the increased automotive trade volumes.

“Reacting swiftly to the change in market demand, Autoterminal Khalifa Port has built 90,000 m² of additional yard storage capacity,” said AD Ports in a statement.

Xavier Vazquez, CEO of Autoterminal Khalifa Port and CEO of Noatum Automotive & Ro-Ro at AD Ports Group,...

https://container-news.com/ad-ports-builds-new-yard-capacity-to-absorb-vehicle-surge-at-autoterminal-khalifa-port/

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