News

AC2 service to remove Ningbo

The following release was published by Maersk:

Continuing our efforts to improve schedule relia...

ACCC Seeks Views on Ocean Liner Shipping Class Exemption

“The Australian Competition & Consumer Commission (ACCC) has issued a discussion paper seeking comme...

ACCC Taking TasPorts to Court for Alleged Misuse of Market Power

“The Australian Competition and Consumer Commission (ACCC) has instituted Federal Court proceedings...

Accel-KKR completes Navis acquisition

“Technology investment firm Accel-KKR has completed the acquisition of Navis LLC with all business units and employees to be transferred by the end of 2021.” See the original story at Port Technology. Source: Port Technology (JK)

ACL Christens New Con/Ro ‘Atlantic Star’

“On Friday, Atlantic Container Line (ACL) christened its new G4 vessel, the ATLANTIC STAR, at the He...

ACL ends Gothenburg Call

ACL has finally decided on its 2018 schedule, now that all of its new G4 vessels are in service. The...

ACL overcomes fleet ‘mechanical problems’ and boosts cargo

“ACL has conquered mechanical problems with its G4 conro vessels and is back on track with its schedule, its president Andrew Abbott told Container Shipping & Trade” See the original story at Riviera. Source: Riviera (JK)

ACL, Peel Ports Extend Port of Liverpool Agreement

“U.S.-based Atlantic Container Line (ACL) has arranged a 15-year contract extension with Peel Ports...

ACP Sets Inauguration Date for New Panama Canal

The Panama Canal Authority (ACP) announced Wednesday that the long-delayed inauguration of the Panam...

ACP to re-tender Corozal box terminal

In Panama, the Board of Directors of the Panama Canal Authority (ACP) has given the management team...

Acquisition of Krishnapatnam by Adani Ports greenlit

“The Competition Commission of India has approved the acquisition of India’s second largest private port by Adani Ports and Special economic Zone Limited (APSEZ).” See the original story at Port Technology. Source: Port Technology (JK)

Acquisition of Noatum Propels AD Ports Group to Become a Global Logistics Platform

The following release was published by *AD Ports Group:*

Abu Dhabi, UAE – 18 November 2022: AD...

ACQUISITIONS A PRIORITY FOR TURKISH OPERATOR

“Gateway terminal acquisitions in emerging markets will be a big focus for a Turkish terminal operator in the next five years.” See the original story at Port Strategy. Source: Port Strategy (JK)

AD Ports celebrates $1 billion Khalifa Port expansion

"The President of the United Arab Emirates (UAE) has inaugurated AD Ports Group’s Khalifa Port expan...

AD Ports closes in on $2bn deal to buy Indonesia’s Meratus

"Fast expanding AD Ports from Abu Dhabi is tipped to be finalising a deal to buy Indonesia’s top con...

AD Ports further expands with multipurpose terminal in Egypt

“AD Ports Group and the Red Sea Ports Authority have signed agreements on joint development and operation of major port projects on Egypt’s coastline.” See the original story at Port Technology. Source: Port Technology (JK)

AD Ports Group Acquires 80% Stake in Global Feeder Shipping, Creating World’s Largest Independent Feeder Carrier

The following release was published by AD Ports Group:

Abu Dhabi, UAE – 3 November 2022: AD Port...

AD Ports Group Acquires Majority Stake in Tbilisi Dry Port

The following release was published by AD Ports Group:

AD Ports Group (ADX: ADPORTS), a leading...

AD Ports Group and CMA CGM Group announce agreement to invest AED 570 million in new terminal at Khalifa Port

  • Under a 35-year concession agreement, the state-of-the-art terminal will open in 2024 with an init...

AD Ports Group and Karachi Port Trust (KPT) Sign a Strategic MoU to Develop Advanced Port and Terminal Infrastructure in Karachi Port

The following release was published by AD Ports Group:

A senior delegation from United Arab Emi...

AD Ports Group and Shandong Ports Group Extend Cooperation to Attract Chinese Automotive Companies

The following release was published by AD Ports Group:

AD Ports Group (ADX: ADPORTS), the leadi...

AD Ports Group and Transmar launch new Pakistan Service

The following release was published by AD Ports Group:

AD Ports Group and Transmar Internationa...

AD Ports Group Announces Further Expansion of its Flagship Khalifa Port to Include Drydock Services

The following release was published by AD Ports Group:

AD Ports Group, the leading facilitator...

AD Ports Group Announces Noatum’s Acquisition of APM Terminals Castellón in Spain

The following release was published by AD Ports Group:

AD Ports Group (ADX: ADPORTS), one of th...

AD Ports Group completes acquisition of majority stakes in Transmar and Transcargo International

"AD Ports Group has announced the completion of the acquisition of a 70% equity stake in Transmar In...

AD Ports Group Completes the Landmark Noatum Acquisition Upon Receiving Full Regulatory Approvals

The following release was published by AD Ports Group:

AD Ports Group (ADX: ADPORTS), one of th...

AD Ports Group Delivers Record Q3 2023 Results

The following release was published by AD Ports Group:

  • Q3 2023 Revenue grew by 189% YoY to AE...

AD Ports Group delivers record-setting revenue figures for 2022

The following release was published by AD Ports Group:

Abu Dhabi, UAE - February 15, 2023: AD P...

AD Ports Group Enters the Drydocking and Repair Market via Joint Venture with Premier Marine Engineering Services

The following release was published by AD Ports Group:

AD Ports Group (ADX: ADPORTS), a leading...

AD Ports Group Inks Topside Infrastructure Agreement for CMA Terminals Khalifa Port with China Harbour Engineering Company

The following release was published by AD Ports Group:

Abu Dhabi, UAE – 25 November 2022: AD P...

AD Ports Group invests $140 million to Egyptian maritime firms

"AD Ports Group has reached an agreement to acquire a 70 per cent equity stake in International Asso...

AD Ports Group Issues 2022 Integrated Annual Report

The following release was published by AD Ports Group:

Report outlines an exceptional year for...

AD Ports Group reports revenue growth of 22%

“Abu Dhabi Ports Group (AD Ports Group) has recorded revenues reaching AED 2.791 billion ($760 milli...

AD Ports Group Reports Strong Operational and Financial Performance in 2023

The following release was published by AD Ports Group:

  • Record Full-Year 2023 Revenue Increasi...

AD Ports Group Secures USD 2 Billion Corporate Facility with Syndicate of 13 Banks

The following release was published by AD Ports Group:

AD Ports Group (ADX: ADPORTS), the leadi...

AD Ports Group Signs 50-Year Concession Agreement with Karachi Port Trust for Container Terminal

The following release was published by AD Ports Group:

AD Ports Group (ADX: ADPORTS), a global...

AD Ports Group signs a 30-year Extendable Concession Agreement to Manage and Operate a Multipurpose Terminal in Congo’s Pointe Noire Port

The following release was published by AD Ports Group:

  • Agreement grants the Group the exclusi...

AD Ports Group Signs Head of Terms for New Multipurpose Terminal in Pointe Noire Port

The following release was published by AD Ports Group:

AD Ports Group (ADX: ADPORTS) the leadin...

AD Ports Group signs MoU to operate a new terminal in Safaga Port

“Abu Dhabi Ports Group (AD Ports Group) has signed a Memorandum of Understanding (MoU) with the Egyp...

AD Ports Inks MoU with China Council to Promote International Trade

“Port developer and operator Abu Dhabi Ports has inked an agreement with the China Council for the P...

AD Ports plays down $4 billion Red Sea port deal reports

“Major operator Abu Dhabi Ports Company (AD Ports) has refuted reports of a confirmed agreement with DAL Group to build a new $4 billion Red Sea port in Sudan.” See the original story at Port Technology. Source: Port Technology (JK)

AD Ports Q2 net profits see 59 per cent boost

"AD Ports Group announced its financial results for the year’s second quarter, seeing a 59 per cent...

AD Ports sees fall in cargo volumes

“AD Ports Group has witnessed a growth of 15 per cent year-on-year to AED 1,047 million ($285 million) in Q1 2022 – while general cargo volumes dropped.” See the original story at Port Technology. Source: Port Technology (JK)

AD Ports sets sights on Caspian region with Kazakh offshore and shipping tie-up

"Abu Dhabi-based ports and logistics giant AD Ports Group is setting up a joint venture with Kazakhs...

AD Ports teams with AFC to invest in African ports

"Abu Dhabi-based ports and logistics giant AD Ports Group has partnered with the pan-African multila...

AD Ports to develop Angolan maritime infrastructure

"Fast expanding AD Ports Group has entered into a framework agreement with Angola’s Ministry of Tran...

AD Ports to form NVOCC

"Dubai-listed logistics company Aramex has signed a joint venture agreement with Abu Dhabi’s fast ex...

AD Ports to invest $200 million in new Red Sea port terminal

"AD Ports Group has signed a concession agreement with the Red Sea Ports Authority (RSPA) to develop...

AD Ports, Kyrgyzstan pen trade deals

"AD Ports Group has signed two agreements with the Government of Kyrgyzstan to promote trade and str...

Adani Acquires Kattupalli Port

“India’s port developer Adani Ports and Special Economic Zone Ltd (APSEZ) has finalized the purchase...