#AD Ports Group
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 two entities agreed to leverage AD Ports’ cargo handling and storage infrastructure to advance urea and ammonia storage and shipping capabilities
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
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
AD Ports will hold exclusive rights to invest in and oversee the development, operation, management and maintenance of the New East Mole Port
The facility will enable Tubacex to establish a strong presence in the UAE while reaching out to its global network of clients
The partnership will develop a joint strategy to inform relevant parties and employees about the benefits of the golden visa residency programme, as well as the requirements for eligibility
Land and related services from KEZAD will be allocated for the ‘Mega Hub’, in addition to the development and management of a high-tech handling facility at Khalifa Port
With this expansion, Khalifa Port will expand its range of port and marine logistics services, from container and cargo handling to vessel repairs and maintenance
The total purchase consideration for the acquisition of 100 per cent ownership amounts to $26.7m with an upfront payment of $17.1m
The service aims to improve commercial connectivity and facilitates trade with Kuwait
AD Ports Group will invest up to $200m in superstructure and equipment, buildings, and other real estate facilities and utilities’ network inside the concession area
The agreement will enable collaboration across shipping, logistics, freight forwarding and port management
The new terminal marks the launch of the first of five strategic mega projects planned between AD Ports Group and Aqaba Development Corporation
AD Ports Group’s new agreements in Angola, including the JV with UNICARGAS have the potential to significantly boost Angola’s maritime industry
Throughout 2022, AD Ports Group has continued to build its global presence, signing agreements with port authorities and partners globally
The new joint venture will provide offshore services as well as crude transportation for energy companies operating in the Caspian Sea and the Black Sea
The agreement provides consortium the right to develop, manage and operate port and economic zone assets in Sudan
Khalifa Port has grown from 2.43 square kilometre to 8.63 square kilometre, while its quay wall has been significantly extended from 2.3km to 12.5km
Both companies will collaborate to optimise Agthia’s logistics operations
The two organisations aim on identifying, developing and investing in ports, warehouses, maritime and logistics infrastructure projects across Africa
The combined entity will have an equity value of approximately Dhs 7bn, positioning it as one of the largest such businesses in the UAE
Under the agreement, each partner will contribute expertise and technologies to conduct feasibility studies for distributed solar generation at KEZAD
The new container shipping service links Karachi with the region’s major ports within UAE, Saudia Arabia, Egypt, Jordan, Sudan and Djibouti
Subject to regulatory approvals, the transaction is expected to close in the first half of 2023
ADIO will provide noon with financial and non-financial incentives to expand operations in Abu Dhabi
The bank aims to provide its services to corporate clients and support a range of landmark infrastructure projects in both countries
The trial programme will deploy aerial drones to carry parcels and documents to specified Emirates Post sites across Abu Dhabi