AD Ports Group, a global enabler of integrated trade, industry and logistics solutions, signed a 30-year concession agreement with Aqaba Development Corporation (ADC) to manage and operate the Aqaba Multipurpose Port, Jordan’s only and exclusive general cargo and multipurpose seaport, strengthening the Group’s investments in the coastal city’s logistics infrastructure.The agreement will establish a Joint Venture to manage and operate the port…
In separate ad hoc meetings of the Gas Coordination Group and the Oil Coordination Group held on March 12, the Commission and EU countries assessed the situation concerning the EU’s gas and oil security of supply in view of the continued disruptions in the Middle East…
AD Ports Group, a global enabler of integrated trade, industry and logistics solutions, has finalized a $115 million project finance facility to support the development of the Noatum Ports - Safaga Terminal in Egypt, reinforcing the Group’s…
Abu Dhabi Ports Group, via its subsidiary SAFEEN Drydocks, has acquired full ownership of Balenciaga Astilleros Shipyard in Spain for a total consideration of $13.1 million, consolidating the group’s operations in Spain and the Mediterranean and supporting its expansion in the offshore wind sector…
Medov Logistics, the shipping, logistics, air freight and supply chain logistics division of Medov Group, announced the appointment of Andrea Dellacasa as Chief Executive Officer and General Manager. This appointment is the Group’s first strategic change of 2026…
The GTT Group announced the appointment of François Michel as Chief Executive Officer, effective January 5, 2026, thereby restoring a dissociated governance structure.This decision was taken unanimously by the Board of Directors of the Group at its meeting held on December 13…
AD Ports Group, a leading global enabler of trade, logistics, and industry, announced the appointment of seasoned logistics executive Jochen Thewes as the CEO of the Group’s Logistics Cluster.The appointment, which takes effect December 1, 2025…
At the Annual General Meeting of the International Group of P&I Clubs in London on November 11, 2025, Rolf Thore Roppestad was appointed as the new Chair of the International Group of P&I Clubs.Roppestad succeeds Andrew Cutler, who has served since November 2022…
AD Ports Group, an enabler of global trade, logistics, and industry, has unveiled a new blueprint titled, “Building Human-AI Teams: AD Ports Group's Blueprint for Tomorrow's Workforce,' outlining how the Group is leveraging Artificial Intelligence (AI) to transform port and logistics operations…
AD Ports Group announced the signing of a major dredging agreement between its Karachi Gateway Terminal and Van Oord, a Netherlands-based leader in dredging and marine contracting, to expand the flow of trade through the Group’s port terminals in Pakistan…
Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies, including The Port of Nigg, to long term investor, Mitsui & Co. Europe (Mitsui) a subsidiary of Mitsui & Co, together with Mitsui O.S.K. Lines (MOL)…
cut685bdfb8b3c6622a5fe1f2da_Lund Family1SunStone Maritime Group A/S takes next step in previously announced leadership transition.After 35 years as Chief Executive Officer, founder Niels-Erik Lund is retiring as CEO on June 30, 2025. Niels-Erik…
X-Press Feeders Group, the world’s largest independent common carrier, has signed two agreements with COSCO SHIPPING Lines, one of the world’s largest mainline operators, to expand network coverage, strengthen mainline-feeder coordination and improve service reliability…
AD Ports Group, a leading global enabler of trade, transport, industry, and logistics, issued its 2024 Annual Report, which chronicled a year of revenue and profit growth, as the Group consolidated two major acquisitions and drove forward its profit-enhancing international expansion…
Dr. Harry S. Banga and Mr. Angad Banga of The Caravel Group announced their acquisition of the International Maritime Institute (IMI), a maritime academy. In addition to its commitment to future seafarers, the Group will leverage IMI’s capabilities to strengthen the training available to its 28…
