AD Ports subsidiary acquires APM Terminals Castellón for $11m in Spain
RIYADH : Abu Dhabi Ports Group has expanded its operational capacity with the acquisition of Spain’s APM Terminals Castellón for €10 million ($10.93 million) through a subsidiary. The deal was carried out by Noatum
AD Ports to invest $200 million in new Red Sea port terminal
ABU DHABI : AD Ports Group has signed a concession agreement with the Red Sea Ports Authority (RSPA) to develop and operate a new multi-purpose terminal at Safaga Sea Port in Egypt. AD Ports
A Year of Transformation : AD Ports Group Closes 2023 as a Year of Global Expansion and Enhanced Capacity
ABU DHABI : In a transformative year marked by unprecedented global expansion and strategic acquisitions, AD Ports Group has further cemented its position as one of the world’s leading facilitators of global trade and
Mawani” promoted the Kingdom’s leadership with investment projects worth 13 billion riyals in 2023
RIYADH : During 2023, the Saudi Ports Authority “Mawani” strengthened the maritime and logistics sectors, contributing to the Kingdom’s exceptional leaps in international indicators and solidifying its position as a global logistics center. These
India plans linkage to Bangladesh’s Matarbari Port in regional connectivity push
NEW DELHI : India is considering proposals to connect Bangladesh’s strategically important Matarbari Port to northeastern states, according to people aware of the matter. Bangladesh expects to boost exports once the country’s first deep
AD Ports Group and RSPA sign Definitive Concession Agreement to Develop and Operate Multipurpose Terminal in Safaga Port
CAIRO : AD Ports Group a leading facilitator of global trade, logistics, and industry, has today announced that it has signed a definitive concession agreement with the Red Sea Ports Authority (“RSPA”) for the
Indian Navy centre’s report highlights maritime security threat from drone attacks in Indian Ocean region
NEW DELHI : In its November 2023 monthly report, the Indian Navy’s Information Fusion Centre – Indian Ocean Region (IFC-IOR) emphasised the increasing peril of drone attacks in the Red Sea and Northern Arabian
Port Houston handles nearly 3.5 million TEUs in November
TEXAS : Throughout November 2023, Port Houston managed nearly 3.5 million TEUs, reflecting a 5% decrease compared to the record volumes of the previous year. While loaded export TEUs for November experienced a 2%