Abu Dhabi, UAE – AD Ports Group (ADPORTS:ADX), a leading global enabler of trade, transport, industry, and logistics, issued its 2024 Annual Report, which chronicled a year of record revenue and profit growth, as the Group consolidated two major acquisitions, and drove forward its profit-enhancing international expansion. The report highlights the ongoing expansion of the… Read More
APM Terminals (APMT) has acquired the Panama Canal Railway Company (PCRC) from Canadian Pacific Kansas City Limited and the Lanco Group/Mi‑Jack. PCRC operates a 76-kilometre single-line railway adjacent to the Panama Canal that mainly facilitates cargo movement between the Atlantic and Pacific Oceans. In 2024, the PCRC generated revenue of $77 million and $36 million in EBITDA. “The Panama… Read More
C2X, a green methanol developer, and ENEOS, a Japanese energy company, have secured a $100 million investment from A.P. Moller Holding, and A.P. Moller – Maersk. C2X reported that the transaction is subject to customary closing conditions, including regulatory approvals. The investment will primarily fund the final development phase of the BLRE project in Alexandria, Louisiana, a joint venture… Read More
Abu Dhabi, UAE – 04 April 2025: AD Ports Group (ADX: ADPORTS), a leading facilitator of global trade, logistics, and industry, has appointed Mar Construction Civil & Obras Publicas – LDA to design and build the topside and marine infrastructure of the Noatum Ports Luanda Terminal, located in Angola’s largest port. Additionally, AD Ports Group… Read More
Ocean and Key Ports Update Europe: Demand from North Europe and the Mediterranean remains high, with the first round of East-West Network vessels sailing at full capacity. In the East Mediterranean, cargo volumes exceed the available space on feeder services, which we expect to continue through Q2. To help manage this, we have introduced multiple service… Read More