Middle EastPorts and Logistics

AD Ports bolsters its diverse portfolio

Rapidly expanding AD Ports Group, part of ADQ, an Abu Dhabi-based investment and holding company, has bought stakes in local dredging and logistics firms, adding to its diverse offerings.

AD Ports Group now holds a 22.32% stake in logistics firm Aramex and a 10% stake in UAE-based contractor National Marine Dredging Company (NMDC).

Captain Mohamed Juma Al Shamisi, managing director and group CEO, AD Ports Group, said: “These two leading companies provide a strong strategic fit with AD Ports Group’s vision to develop the maritime and logistics industries across the region and globally.”

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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