AD Ports Group joins project to develop green methanol facilities in Suez Canal area

Signing of MOU between the AD Ports Group, Transmar, and Orascom Construction for the development of a new green methanol storage and export facility in the Suez Canal area

UAE-based port operator the AD Ports Group, Egyptian container shipping line Transmar, and Cairo-based Orascom Construction have entered into a memorandum of understanding (MOU) for the development of a green methanol storage, export, and bunkering facility in the Suez Canal area. The AD Ports...

https://www.bairdmaritime.com/shipping/ports/ad-ports-group-joins-project-to-develop-green-methanol-facilities-in-suez-canal-area/

AD Ports Group to acquire majority stakes in Egypt’s Transmar and Transcargo International

The AD Ports Group has entered into an agreement to acquire a 70 per cent equity stake in International Associated Cargo Carrier, which wholly owns Egypt-based maritime c ..

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https://www.bairdmaritime.com/ship-world/port-world/ad-ports-group-to-acquire-majority-stakes-in-egypts-transmar-and-transcargo-international/