Etihad Airways finalises order for seven A350F freighters
Etihad Airways has firmed up its order with Airbus for seven new generation A350F freighters, adding to its existing order of the largest passenger version of A350-1000s, five of which have been delivered. The freighters will upgrade Etihad’s freight capacity by deploying the most efficient cargo aircraft available in the market, an airline statement said. […]
AD Ports to buy majority stake in Egyptian maritime companies
Abu Dhabi-based AD Ports Group has announced that it has reached an agreement to acquire a 70% equity stake in International Associated Cargo Carrier BV, which wholly owns two Egypt-based maritime companies, Transmar International Shipping Company and Transcargo International (TCI). The total purchase consideration (Enterprise Value) of this transaction amounts to AED514 million ($140 million). […]
AD Ports Group receives top five ranking for Khalifa Port in global efficiency index
Executives at Abu Dhabi Ports Group (AD Ports Group) have confirmed that its flagship deep-water port, Khalifa Port, has been ranked in the top five of the global Container Port Performance Index (CPPI), developed by the World Bank and S&P Global Market Intelligence. The ranking is based on time vessels needed to spend in […]
AD Ports sets up new JV with National Marine Dredging Company
UAE – Abu Dhabi-based AD Ports Group has signed a deal with National Marine Dredging Company Group, one of the world’s leading engineering, procurement, construction (EPC) and marine dredging groups, to set up a new joint venture company that will conduct offshore surveys and subsea services in the UAE, across the GCC region, as well as […]
Dubai’s DP World, Canada’s CDPQ announce $5bln investment in UAE strategic assets
Dubai-based port operator DP World and Caisse de dépôt et placement du Québec (CDPQ), a global investment group, on Monday announced a $5 billion investment in three of DP World’s flagship assets in the UAE. CDPQ will invest $2.5 billion in the Jebel Ali Port, the Jebel Ali Free Zone and the National Industries Park […]
DP World, CDPQ announce $5bln investment in key UAE assets
DP World, one of the world’s largest marine terminal operators, and CDPQ, a global investment group, announced today (June 6) an investment of $5 billion in three of DP World’s flagship UAE assets. CDPQ will invest $2.5 billion in the Jebel Ali Port, the Jebel Ali Free Zone and the National Industries Park […]
SAA in bid make new alliances at Air Cargo India
Sharjah International Airport Authority (SAA) will participate in Air Cargo India 2022 – scheduled to be held in Mumbai from May 31 to June 2 to showcase its latest services, strengthen existing partnerships and develop new alliances. This event, which will be held at Grand Hyatt in Mumbai, is one of the most important exhibitions […]
AD Ports Group to host Ports Authorities Roundtable
AD Ports Group, the region’s premier facilitator of logistics, industry, and trade, will host the 7th Edition of Ports Authorities Roundtable (PAR 2022), a major annual maritime event that brings together port authorities from around the world together. The event is taking place at a crucial time for the ports and shipping sectors, […]
AD Ports in tie-up to build pulp, paper products hub in Abu Dhabi
Aiming to transform Abu Dhabi into a leading pulp and paper products hub, AD Ports Group, the region’s premier facilitator of logistics, industry and trade has signed a strategic agreement with Alexander Global Logistics GmbH. As per the agreement, the two parties will work closely to establish and launch a transshipment hub dedicated to […]
Suhail Al Mazrouei opens 16th Middle East Rail conference
Under the patronage of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, Suhail Al Mazrouei, Minister of Energy and Infrastructure, accompanied by Shadi Malak, CEO of Etihad Rail, inaugurated the 16th edition of the Middle East Rail conference. Held in partnership with Etihad Rail, the Ministry of Energy […]