AD ports

AD Ports secures majority ownership in Georgia’s Tbilisi Dry Port

AD Ports Group has completed the acquisition of a 60% stake in Georgia’s Tbilisi Dry Port, which is scheduled to be operational in October.

This move is expected to strengthen the Group’s role in connecting Asia and Europe, via the Middle Trade Corridor, linking manufacturing centres in Western Asia to the consumer markets of Eastern Europe, by leveraging a network of sea and dry ports across Kazakhstan, Azerbaijan, Armenia, Georgia and Türkiye.

Abdulaziz Zayed AlShamsi, Regional CEO of AD Ports...

https://container-news.com/ad-ports-secures-majority-ownership-in-georgias-tbilisi-dry-port/

Noatum Maritime buys majority stake in Safina

AD Ports-owned Noatum Maritime has acquired a majority stake in Safina B.V., a maritime agency and cargo service provider in Egypt and the Middle East, in a deal expected to close in the third quarter of 2024.

The acquisition of Safina is another step for Noatum Maritime in its ongoing expansion across the Mediterranean, including the establishment of new offices in Türkiye.

AD Ports has also made moves to enhance its presence in the Egyptian market, signing concession agreements to manage and...

https://container-news.com/noatum-maritime-buys-majority-stake-in-safina/

AD Ports expands into Türkiye through Noatum’s new office

AD Ports Group’s Noatum, a multinational provider of integrated port operations, maritime, and logistics services, announced the inaugural launch of Noatum Maritime’s office in Türkiye.

The launch of the new office, to be led by Noatum Maritime, will serve as an important step towards broadening the company’s reach in key regional markets with a focus on strengthening its maritime agency services in the Mediterranean region.

Noatum Maritime’s entry into Türkiye’s market is aligned with AD Ports...

https://container-news.com/ad-ports-expands-into-turkiye-through-noatums-new-office/

AD Ports signs agreement for multi-purpose port in Chittagong

AD Ports Group signed a Memorandum of Understanding (MoU) with the Chittagong Port Authority to explore the future development and operation of the Multi-Purpose Port in Chittagong Port and other ancillary opportunities in Bangladesh.

The agreement was signed in the presence of Abdulla AlHmoudi, UAE Ambassador, Head of the UAE Mission to Bangladesh and Khalid Mahmud Chowdhury, MP, Honourable Minister of State, Md. Mostafa Kamal, Senior Secretary, Ministry of Shipping – Government of the People’s...

https://container-news.com/ad-ports-signs-agreement-for-multi-purpose-port-in-chittagong/

Leading port operators to significantly invest in Chittagong Bay Terminal project

AD Ports Group will invest around US$1 billion in the under-construction Bay Terminal in the port city of Chittagong, Bangladesh.

A four-member team of the Dubai-based port group is scheduled to visit Bangladesh on 13 May to discuss the investment project with the Chittagong Port Authority (CPA). The two sides are expected to sign a memorandum of understanding on the investment plan on 16 May.

A total of four terminals will be built under the Bay Terminal project which will have a water draft of...

https://container-news.com/leading-port-operators-to-significantly-invest-in-chittagong-bay-terminal-project/

AD Ports Group hosts Iraqi delegation

AD Ports Group, a major global facilitator of logistics, industry, and trade, received a distinguished Iraqi delegation led by Razzaq Muhaibas Al-Saadawi, Iraq’s Minister of Transport, alongside prominent figures and leaders from various sectors including business, investment, and development.

The discussions focussed on several crucial projects essential for international transport, logistics services, regional economic cooperation, and mutual interest initiatives.

“The UAE is one of Iraq’s...

https://container-news.com/ad-ports-group-hosts-iraqi-delegation/

Noatum completes Sesé Auto Logistics acquisition

AD Ports-owned Noatum, which leads the company’s logistics cluster operations, successfully closed the acquisition of Sesé Auto Logistics, the Finished Vehicles Logistics (FVL) business of Grupo Logístico Sesé, for a total purchase consideration €81 million (US$88 million).

The acquisition, which was approved by all relevant European regulators and closed today (31 January), solidifies Noatum’s commitment to providing comprehensive solutions across the entire logistics value chain in the...

https://container-news.com/noatum-completes-sese-auto-logistics-acquisition/

Noatum launches new logistics brand in Middle East

AD Ports Group’s Noatum has launched Noatum Logistics Middle East, the company’s new brand in the Middle East region.

The new brand takes over from MICCO Logistics, which has served the Abu Dhabi and the GCC markets with distinction for over four decades, and which has been the freight forwarding arm of AD Ports Group’s Logistics Cluster since the company’s acquisition in 2020.

With strong ties to the natural resources sector, where it supported more than 80% of Abu Dhabi’s total oil, gas, and...

https://container-news.com/noatum-launches-new-logistics-brand-in-middle-east/

AD Ports expands shipping operations in Kazakhstan with new oil tankers

AD Ports Group, in collaboration with KazMorTransFlot (KMTF), Kazakhstan’s national shipping company, fully-owned by the national Kazakhstan oil company KazMunayGas (KMG), has announced the acquisition and commencement of operations of two state-of-the-art vessels designed for the transportation of Kazakhstan’s oil across the Caspian Sea.

A naming ceremony took place in Aktau, Kazakhstan, attended by a number of guests and dignitaries including Nurlan Nogayev, Akim of Mangistau Region; Dr....

https://container-news.com/ad-ports-expands-shipping-operations-in-kazakhstan-with-new-oil-tankers/

Noatum divests stake in Spanish firm for one-off capital gain of US$10.5 million

Noatum, which currently manages AD Ports Group’s Logistics Cluster activities, has completed the sale of its 27.9% ownership in Barcelona Container Depot Service Group (BCDS) for an equity value of €11 million (around US$11.55 million) resulting in a one-off capital gain of €10 million (around US$10.5 million).

BCDS specialises in the storage, maintenance, repair, and cleaning of dry and reefer containers, as well as ISO tanks, and operates from six locations around Spain, with the majority of...

https://container-news.com/noatum-divests-stake-in-spanish-firm-for-one-off-capital-gain-of-us10-5-million/

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