AD Ports Group has announced its financial results for the first quarter ending March 31, 2025. The company started the year with significant double-digit growth, building on the record financial performance achieved in 2024. This growth was fueled by the strong performance of the Ports, Economic Cities and Free Zones (EC&FZ), and Maritime and Shipping...
Abu Dhabi’s AD Ports Group has announced the formation of a joint venture with Columbia Group, a globally recognized platform in maritime, logistics, tourism, and energy sectors. This collaboration aims to enhance their operations in the shipping industry. The partnership will leverage the strengths of both companies to provide a comprehensive range of shipping and...
The global liquefied natural gas (LNG) shipping market is heading for tighter capacity by the end of 2027, with older vessels set to retire and demand for fuel supplies growing. This reduction in capacity is expected to push up freight rates, according to Nicholas Gleeson, Chief Financial Officer of Adnoc Logistics and Services (Adnoc L&S),...