AD Ports Group Q3 net profit up 77%

#latestnews #adportsgroup #globalfeedershipping #gfs #captainmohamedjumaalshamisi #rossthompson

AD Ports Group Q3 net profit up 77%
www.logupdateafrica.com

AD Ports Group Q3 net profit up 77%

Q3 revenue up 53% YoY to AED 1.5bn ($405mn), driven by the maritime and EC&FZ clusters

AD Ports Group buys 80% stake in Global Feeder Shipping for $800mn

#breakingnews #adportsgroup #globalfeedershipping #gfs #safeenfeeders #transmar #falahmohammedalahbabi #captainmohamedjumaalshamisi #amirmaghami

AD Ports Group buys 80% stake in Global Feeder Shipping for $800mn
www.logupdateafrica.com

AD Ports Group buys 80% stake in Global Feeder Shipping for $800mn

GFS’s existing management will remain in place with founders retaining 20% stake.