Home UAE Abu Dhabi AD Ports Group’s Noatum inaugurates maritime services in Türkiye 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 by Kudakwashe Muzoriwa May 20, 2024 Image credit: WAM Noatum Group, a subsidiary of AD Ports Group, has inaugurated Noatum Maritime’s office in Türkiye to expand the company’s reach in key regional markets with a focus on strengthening its services in the Mediterranean region. Noatum Maritime’s foray into Türkiye is aligned with AD Ports’ international expansion strategy and presence across major global markets. “The office will seamlessly integrate into the broader Noatum ecosystem, aiming to deliver integrated maritime agency services better, faster and more cost-efficiently, while attracting new customers in Türkiye and the East Mediterranean region,” said Terry Gidlow, CEO of Noatum Maritime, Noatum, Logistics Cluster at AD Ports Group. 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 – including shipowners, ship operators, charterers and ship managers. Leveraging its local expertise and synergies across AD Ports and Noatum’s ecosystems, the Türkiye office will deliver integrated services at every stage of maritime operation from Istanbul and Izmir. The inauguration builds on Noatum’s extensive local and regional presence and expertise given its existing Noatum Logistics – East Europe, Türkiye and Commonwealth of Independent States office in Istanbul. In related news, AD Ports completed the acquisition of Noatum for $722 million (Dhs2.65 billion) in July 2023. Earlier in 2024, Noatum Group fully acquired APM Terminals Castellón in Spain for an enterprise value of EUR10m. The deal allows the Spanish firm to expand its operational capacity for bulk, general cargo, and container processing while maintaining APM Terminals’ third-party services at this location. The logistics firm also bought Spain’s Sesé Auto Logistics, a unit of Grupo Logístico Sesé, for EUR81m ($84.7m) in October 2023, as part of the company’s broader strategy to boost its position in the global automotive sector. Read: AD Ports Group, Iraq to develop Al Faw Grand Port and Economic Zone Tags AD Ports Group Logistics Noatum Group Turkiye You might also like Türkiye plans IPOs for state energy companies, minister says Mubadala to sale Brazil’s Porto Sudeste, Mina Gerais iron-ore mines AD Ports Group marks Q3 performance with net profit of Dhs445m AD Ports Group, Pakistan ink MoUs to enhance transport, logistics sectors