United Global Ro-Ro, a joint venture between Noatum Maritime, part of the AD Ports Group’s Maritime & Shipping Cluster, and Erkport, has celebrated a significant milestone with the maiden voyage of its first LNG-powered Pure Car and Truck Carrier (PCTC) at Autoterminal Khalifa Port. The arrival of the vessel, named UGR Al Samha, marks the...
Gulf Navigation Holding PJSC (“GULFNAV”), a maritime and shipping company listed on the Dubai Financial Market, announced that its shareholders have approved the strategic acquisition of assets and companies owned by Brooge Energy Limited (“BEL”) for AED 3.2 billion. This decision was made during the General Assembly Meeting held on March 13, 2025. The acquisition...
Advanced Integrated Technology (AIT), a branch of the UAE-based Streit Group, showed off the Sea Drone at IDEX 2025. It is a quadcopter made for bad weather. This new drone can fall on water and is resistant to snow, rain, salt fog, and fine dust, so it can be used in both coastal and desert...
ADNOC Logistics and Services (ADNOC L&S) has officially completed its $1.04 billion (AED3.8 billion) acquisition of an 80% stake in Navig8 TopCo Holdings Inc. (Navig8), a global shipping and marine services company. The deal, which took effect from 1st January 2024, includes a plan to acquire the remaining 20% stake by mid-2027 for an additional...