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AD Ports expands in Pakistan + Oman’s Duqm gets a cold chain push
Stories on our radar this morning from around the region
CMA CGM is rerouting its Indamex Service back through the Red Sea starting next month
The service has avoided the Red Sea route over the past two years
AD Ports + CMA CGM to expand their terminal at Khalifa Port
The expansion will boost the terminal’s handling capacity by more than 50% to 2.7 mn TEUs by 2028
Global shipping firms face headwinds as year comes to a close
A return to the Red Sea route would loosen up some 6% to 7% of the world’s shipping capacity at…
Blackstone-backed data center player eyes India
PLUS: CMA CGM clinches stake in German terminal
AD Ports Group taps CMA CGM for a 20% stake in Syria’s Latakia Container Terminal
The transaction is valued at AED 81 mn
CEVA Logistics wraps 100% acquisition of Turkey’s Borusan Tedarik
The CMA CGM subsidiary closed the acquisition for USD 383 mn, after clinching all regulatory approvals since its first announcement…
AD Ports to explore USD 2 bn investments in Indian state Maharashtra’s maritime sector
PLUS: RSGT and CMA CGM explore setting up a JV to develop and operate USD 450 mn container terminal at…
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