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AD Ports Acquires Stake in Egyptian Terminal Operator

AD Ports Group has acquired the 19.328% stake previously held by Saudi Egyptian Investment Company (SEIC) in Alexandria Container & Cargo Handling Company (ALCN), one of Egypt’s largest and longest established container terminal operators, in a deal valued at approximately...

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Drydocks World Launches 5000-Tonne Alnokhada Floating Crane

Drydocks World has launched its new 5000 tonnes capacity floating crane, Alnokhada. The crane, constructed by ZPMC Offshore, is now afloat, moving the project into the outfitting phase, where systems installation, testing and final commissioning will take...

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CMA CGM to Expand Joint Venture Terminal at Khalifa Port

France’s CMA CGM Group has signed an agreement with AD Ports Group to expand its joint container terminal at Khalifa Port, less than a year after it opened in December 2024. CMA Terminals Khalifa Port, owned 70 per cent by CMA CGM and 30 per cent by AD Ports Group, has reco...

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Sohar Port and Freezone Secures US$220m for Green Expansion

Sohar Port and Freezone, in partnership with Oman Arab Bank and with the participation of another local bank, has signed a financing agreement valued at US$ 220 million to support a series of strategic expansion projects in the southern area of the Port, including the Ma...

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Jebel Ali Port Sets Breakbulk Cargo Handling Record

DP World’s Jebel Ali Port handled 630,000 tonnes of breakbulk cargo in October 2025, marking its highest monthly total in nearly two decades. The achievement underscores a strong resurgence in regional industrial and construction activity, reinforcing Jebel Ali’s position as one...

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