The new facilities will give the group the flexibility to time its return to the debt capital markets in line with its stated strategy to utilise bonds as the predominant long-term funding vehicle
The equipment will be deployed at its terminal projects in Pointe Noire, Republic of the Congo, and Luanda, Angola
The logistics firm plans to expand the service by increasing the number of weekly departures between Khalifa Port and Fujairah Terminals, depending on demand
The ranking is based on container throughput, an industry metric, with AD Ports Group reporting a 13 per cent YoY rise to 4.91 million TEUs in 2023
Safina, a key player in the Egyptian maritime industry, offers comprehensive agency services and maritime logistics to shippers, serving the metals, minerals, and fertilisers sectors
The state-of-the-art, rail-linked, and custom-bonded intermodal logistics hub in Georgia is scheduled to begin operations in October
AD Ports Group’s revenue more than doubled YoY to Dhs4.18bn in Q2, with the number touching Dhs8.06bn for H1, a 108 per cent YoY increase
The agreement, which includes a total investment of $4.7m over the next 15 years, aims to make the terminals operational by 2025
The container terminal has an annual container capacity of 1 million TEUs
The chemical compound is a promising alternative to fossil fuels in industries where decarbonisation is challenging
The 50-year lease agreement will see Ducab Metals Business adding 51,015 square metres to its existing 50,000 sqm facility
The new entity will serve as a port and liner agency, offering a comprehensive suite of maritime services tailored to meet the diverse needs of clients
The partnership between AD Ports Group and the Chittagong Port Authority is poised to further strengthen economic cooperation
The agreement aims to stimulate trade connectivity and strengthen economic partnership between the UAE and Iraq
The port offers direct rail links to Turkey, Georgian ports, and ultimately Black Sea ports in Bulgaria and Romania. Additionally, it has eastward connections to Caspian Sea ports via Azerbaijan
Revenue growth was driven by the Maritime & Shipping (M&S), Ports, Logistics, and Digital Clusters, with M&S contributing the most
The solution is expected to be a great addition to Maqta Gateway’s in-house single window offering for ports’ digitalisation
Karachi Gateway Terminal Multipurpose, a joint venture between AD Ports and Kaheel Terminal, will take over East Wharf’s existing operations as part of the deal
The implementation of port community system marks the first ever export of Abu Dhabi’s key port digitalisation solution
The collaboration will see AD Ports Group investing $3m over 15 years in the management and operation of the three cruise terminals to provide new services, improve access for cruise operators and add new itineraries
The deal allows Noatum Terminal Castellón to expand its operational capacity for bulk, general cargo, and container processing
The 810,000 square metre project will have a dock length of 1,100 metres and a depth of 17 metres
AD Ports’ acquisition signifies an increase of around 20 per cent in offshore and subsea capacity for the group, boosting Middle East and Southeast Asia operations
The deal implies an enterprise value to EBITDA ratio of around 3.5x based on the company’s last twelve months performance to August 2023
The two entities agreed to leverage AD Ports’ cargo handling and storage infrastructure to advance urea and ammonia storage and shipping capabilities
The group’s net profit increased by 3 per cent year-on-year to Dhs310m in Q2 2023
Qusai Kankazar, chief operations officer of AD Ports’ Logistics Cluster, tells us how the group is growing its global presence while bolstering its regional operations
Shandong Port will transport passenger vehicles from its ports in China to Autoterminal Khalifa Port, to be stored and displayed within facilities in KEZAD
The landmark deal brings together two major industry players to form a global powerhouse in the trade and logistics industry
The hub will be operated by SAFEEN Drydocks and will be fully equipped to accommodate a range of vessels