Tag Archives: AD Ports Group

AD Ports Group Expands Cooperation withKazakh Partners

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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AD Ports Group Recognised with Multiple Honours at HBC 2024 International Awards

Abu Dhabi, UAE – 10 January 2025: AD Ports Group (ADX: ADPORTS), an enabler of integrated trade, transport and logistics solutions, achieved outstanding recognition with six awards at the Harvard Business Council 2024 International Awards ceremony, held this month in Riyadh, KSA.

The accolades awarded to AD Ports Group are an endorsement of the extraordinary resilience and limitless vision that enable the Group to breed success after success and to be at the forefront of the trade and logistics industry.

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AD Ports Group Completes Restructuring of Noatum Group Assets

Abu Dhabi, UAE – 25 December 2024:  AD Ports Group, a leading enabler of global trade, logistics and industry (ADX: ADPORTS), today announced the completion of the biggest restructuring in its corporate history, integrating the assets of recently acquired Noatum Group into its existing business structure.

The integration of Barcelona-based Noatum Group, a vertically integrated provider of global logistics services with activities in 32 countries and 16 terminals in Spain, is designed to leverage Noatum’s international brand equity and solidify AD Ports Group’s corporate structure while pursuing its international expansion strategy.

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AD Ports Group Secures Refinancing and Upsizing of Revolving Credit Facility to USD 2.125 Billion

Abu Dhabi, UAE – 20 December 2024:  AD Ports Group, the leading facilitator of global trade, logistics and industry (ADX: ADPORTS), has successfully refinanced and upsized its existing Revolving Credit Facility (RCF) from USD 1 billion to USD 2.125 billion (equivalent in AED and USD tranches). This move aims to optimise the Group’s financing costs by improving interest margins and extending the maturity of the RCF from 2026 to 2028, with an option to extend further until 2030.

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