Abu Dhabi, UAE – 16 January 2025: Noatum Maritime, the Maritime & Shipping arm of AD Ports Group (ADX: ADPORTS), a leading facilitator of global trade, logistics, and industry, has strengthened its collaboration with Kazakh partners by signing Heads of Terms with Kazakhstan National Shipping Company – KazMorTransFlot (KMTF), a subsidiary of KazMunayGas, the Kazakh National Oil Company, to expand operations in the Caspian Sea region.
The two parties intend to collaborate on the construction of two container vessels, specifically designed for operations in the Caspian Sea, each with a capacity exceeding 500 TEUs. These relatively larger (to existing capacity in the Caspian Sea), modern shallow draft vessels would offer enhanced turnaround times and provide increased capacity, while advanced cargo handling systems would support improved scheduling and operational efficiency.
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