AD Ports adds a feeder carrier

Results for the 12 months ending 31st December 2023 reported strong operational and financial performance with EBITDA increasing 23% YoY to AED 2.67 billion.

AD Ports Group has signed a purchase agreement with Inveco LLC to acquire 60% ownership in the Tbilisi Dry Port.

Heads of terms gives AD Ports Group exclusive rights to negotiate a concession for a new multipurpose terminal for one year.

Eleven international transport routes run through Kazakhstan, which accounted for 70-75% of China-Europe overland transit traffic pre-Covid

AD Ports Group has selected China Harbour Engineering Company for a construction contract for the new CMA Terminals Khalifa Port that includes net zero carbon buildings.

AD Ports Group has acquired Noatum Ports for €660M