Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, has received its first LNG-powered Pure Car and Truck Carrier (PCTC) Ro-Ro vessel, which will be utilised by the recently formed joint venture (JV) with Erkport, United Global Ro-Ro.
Forming part of Noatum Maritime’s Ro-Ro expansion strategy, the newbuild vessel, named UGR Al Samha, a flagship for the Ro-Ro business, boasts 12 decks covering a total area of 59,331 m² with a capacity of more than 7,000 car equivalent units...
Noatum Maritime, a subsidiary of AD Ports Group, has formed a Joint Venture (JV) with Erkport, a Turkish company specializing in Roll-on/Roll-off (Ro-Ro) shipping.
Under the agreement, Noatum Maritime—the largest provider of diversified maritime services in the Middle East—will hold a 60% stake in the JV, while Erkport will own the remaining 40%.
Operating under the brand “United Global Ro-Ro,” the venture is strategically positioned to connect key ports within the automotive industry,...
https://container-news.com/noatum-maritime-erkport-launch-ro-ro-jv/
Noatum Maritime, a division of AD Ports Group’s Maritime & Shipping Cluster, has entered into a joint venture (JV) with Arab Shipbuilding & Repair Yard Company (ASRY), a maritime repair and fabrication facility in the Arabian Gulf, to provide marine services in Bahrain.
This partnership aims to exclusively enhance ASRY Shipyard’s current marine service offerings, combining Noatum Maritime’s operational expertise and advanced fleet. The collaboration will also target external clients across...
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 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/
US-headquartered freight forwarder MIQ is set to be sold to Spanish maritime and logistics group Noatum Maritime, in a deal that was first predicted by The Loadstar Premium in early January.
Given that MIQ’s current owner is private equity firm Austin Ventures, which bought it from US trucking company YRC Worldwide in 2010, the purchase price has not been disclosed, although in a statement Noatum said the consolidated revenues of its …
The post Noatum Maritime sets up MIQ Logistics purchase...
https://theloadstar.com/noatum-maritime-sets-up-miq-logistics-purchase/
Rumoured takeover target MIQ Logistics has attracted a lot of interest from the executives in my network in recent weeks.
Many have pointed out the US-based 3PL is a palatable bolt-on for asset-light logistics providers – not only for rumoured buyer Noatum Maritime, but also for larger would-be suitors.
The deal
The target – a YRC Worldwide spin-off from August 2010 – is private, so only few headline financial details are available, but it could well be …
The post Market Insight: Has MIQ...
https://theloadstar.co.uk/market-insight-has-miq-logistics-put-the-for-sale-sign-up/