Noatum Málaga drops boxes

AD Ports Group’s latest trading performance reflected a positive outcome from its merger and acquisition strategy with revenues and operating profit (earnings before interest tax depreciation and amortisation – EBITDA) up 189% and 28%, respectively, on the corresponding period of 2022.

Spanish multipurpose operator Noatum Terminals has acquired four Liebherr LHM cranes for its terminals in Castellón, Sagunto and Tarragona

After what it described as weeks of intense negotiations between the different stakeholders, Noatum group has decided to reintroduce container handling as a mainstream activity at Noatum Terminal Málaga (NTM).

Following months of speculation and rumour, Cosco Shipping has reportedly agreed a deal to buy Spanish terminal operator Noatum Ports from J P Morgan Bank

Noatum is aiming to introduce automated truck gate operations at its Bilbao container terminal this June, and, together with the port authority (APB), has been consulting with shipping agents, forwarders and hauliers to enable them to adapt to the physical relocation of the gate in order to accommodate the new bi-directional (according to demand) pre-gate process, the OCR portal for moving trucks, and complementary telematic systems.

Noatum has renewed its container terminal concession in Bilbao for 12 years (to 2049), in exchange for an agreement with the port authority (APB) to invest €34M between 2016 and 2036.