AD Ports Group

AD Ports Group confirms stake acquisition in UAE-based enterprises

AD Ports Group has acquired a 22.32% stake in logistics company Aramex and a 10% stake in National Marine Dredging Company (NMDC), a contractor specialised in engineering, procurement, construction and marine dredging.

With more than 600 offices in over 65 countries worldwide, Aramex is a global provider of logistics and transportation solutions, while NMDC is a marine industry contractor, capable of operating and delivering major projects worldwide.

“These two leading companies provide a strong...

https://container-news.com/ad-ports-group-confirms-stake-acquisition-in-uae-based-enterprises/

AD Ports Group subsidiary to manage Abu Dhabi ferry services

Abu Dhabi Maritime, an operating unit under the AD Ports Group, has assumed responsibility for all ferry services operating within Abu Dhabi’s waterways. With guida ..

The post AD Ports Group subsidiary to manage Abu Dhabi ferry services appeared first on Baird Maritime.

https://www.bairdmaritime.com/work-boat-world/passenger-vessel-world/ferries/ad-ports-group-subsidiary-to-manage-abu-dhabi-ferry-services/

AD Ports Group records strong revenue

AD Ports Group has announced its financial results for the nine months ended 30 September, reporting revenue growth of 22% year-on-year to US$760 million compared with US$625 million in the same period last year, driven by volume growth, business diversification and new partnerships.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rose 7% year-on-year to US$316 million during this period, with growth across most of the business clusters.

“We reported solid results for the...

https://container-news.com/ad-ports-group-records-strong-revenue/

MICCO Logistics acquires 31 new tipper trucks

The AD Ports Group’s subsidiary MICCO Logistics has acquired 31 new tipper trucks as part of its effort to offer broader integrated logistics support to the United Arab Emirates’ construction and metals manufacturing sectors.

With this acquisition, the logistics company aims to further diversify the range of its service offering and to support increased customer demand in the construction sector.

The first trucks have already been delivered in MICCO’s existing ground fleet of more than 400...

https://container-news.com/micco-logistics-acquires-31-new-tipper-trucks/

AD Ports signs deal with Egypt for new terminal in Safaga Port

The port operator Abu Dhabi Ports Group (AD Ports) has signed a Memorandum of Understanding (MoU) with the Egyptian Group for Multipurpose Terminals, the commercial arm of the Egyptian Ministry of Transportation, for the joint development and operation of a multipurpose terminal in Egypt’s Safaga Port.

The agreement will promote cooperation between the two parties who will exchange expertise and practices for the new terminal, while the Abu Dhabi-based company will explore investment...

https://container-news.com/ad-ports-signs-deal-with-egypt-for-new-terminal-in-safaga-port/

Bureau Veritas accredits AD Ports Logistics

Abu Dhabi Ports Logistics, part of AD Ports Group has been awarded the Good Distribution Practice (GDP) accreditation by Bureau Veritas, strengthening its position in the field of handling and storage pharmaceutical products and vaccines.

“Securing the Good Distribution Practice accreditation from Bureau Veritas which is one of the world’s most prominent certification bodies, is an accomplishment in the healthcare and pharma cold and non-cold chain logistics space, and serves as a testament to...

https://container-news.com/bureau-veritas-accredits-ad-ports-logistics/

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