AD Ports Group raises stake in Global Feeder Shipping

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AD Ports Group raises stake in Global Feeder Shipping

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AD Ports Group has increased its stake in Global Feeder Shipping by 30%, bringing ownership to 81% with a $300 million transaction. This acquisition strengthens AD Ports' strategic position in key maritime logistics assets based in Dubai.

AD Ports Group has acquired an additional 30% equity stake in Global Feeder Shipping for US$ 300 million, raising its total holding to 81% in one of its most strategically significant assets. The transaction follows AD Ports Group’s exercise of a call option originally agreed when it acquired an initial 51% stake in the Dubai-based […] The post AD Ports Group raises stake in Global Feeder Shipping appeared first on Container News.

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