Sovs News

 

AD Ports Strengthens Offshore Wind Push with Spanish Shipyard Acquisition

Jan 21, 2026

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.SAFEEN Drydocks, part of Noatum Maritime, acquired the Basque-region shipyard, which will be renamed Balenciaga Shipyard…

Logistics News

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Panama Canal Reduces Maximum Vessel Draft for Neopanamax Locks

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Maritime Drone Self-Detonates in Constanta Port

Oil Slips as Oman Reports Normal Operations at Key Oil Terminal

Oil Slips as Oman Reports Normal Operations at Key Oil Terminal

SEA-LNG: LNG Bunkering is Surging

SEA-LNG: LNG Bunkering is Surging

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