New owner for Noatum

AD Ports Group is pushing further with its expansion strategy, having recently acquired Egypt-based Safina B.V. through its Noatum brand and taken majority stake in Georgia’s Tbilisi Dry Port.

AD Ports Group’s Q2 2024 revenue more than doubled YoY, driven by organic growth, acquisitions, and increased long-term contracts.

More container terminal concessions are expected to change hands as integrated companies look to match their terminal portfolios to their wider supply chain strategy, while at the same time spreading the risk from supply chain disruptions.

AD Ports Group and Madagascar’s Economic Development Board have signed an MoU to enhance commercial opportunities in maritime sector, industry, and logistics.

AD Ports Group, Transmar, and Orascom Construction partner to develop a green methanol storage and export facility in Egypt, supporting decarbonisation and clean energy initiatives.

Noatum Maritime, part of AD Ports Group, launched an office in Türkiye to expand its maritime agency services in the Mediterranean and enhance market reach.