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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

QatarEnergy Leases 10 LNG Tankers Amid Production Halt

QatarEnergy Leases 10 LNG Tankers Amid Production Halt

Crude, Gas Tankers Depart From Iranian Ports Despite Conflict

Crude, Gas Tankers Depart From Iranian Ports Despite Conflict

Dr. Maryam Ali Ficociello Appointed as Saudi Red Sea Authority Chief Executive Officer

Dr. Maryam Ali Ficociello Appointed as Saudi Red Sea Authority Chief Executive Officer

Maritime Insurance Surges as Iran Conflict Expands

Maritime Insurance Surges as Iran Conflict Expands

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