AD Ports acquires offshore ships

News-in-print

The Abu Dhabi-based AD Ports Group is spending approximately US$200M to acquire 10 offshore supply vessels. The units, which are being purchased from Mexico City-based E-NAV Offshore, will be used to enhance the company’s activities in the Middle East and South East, and exploit further growth opportunities in the sector (see ‘Resilient heavy lift/project cargo market propels ship investments’ p33).

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