{"id":92174,"date":"2026-01-21T00:00:00","date_gmt":"2026-01-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?p=92174"},"modified":"2026-01-21T07:10:19","modified_gmt":"2026-01-21T07:10:19","slug":"today-ad-ports-snaps-up-spanish-shipyard-for-eur-11-2-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2026\/01\/21\/today-ad-ports-snaps-up-spanish-shipyard-for-eur-11-2-mn\/","title":{"rendered":"TODAY: AD Ports snaps up Spanish shipyard for EUR 11.2 mn"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, nice people, and happy almost-weekend for you all. <\/strong>It appears that the news cycle slowdown ended yesterday, leaving us with a slew of updates signalling a mix of strategic expansions and operational caution for the region\u2019s logistics landscape. <\/p>\n<p><strong>Up first: <\/strong>AD Ports has acquired the Balenciaga Astilleros, a Spanish shipyard specializing in making offshore logistics vessels. We think this is a smart move that will help the company grow its offshore wind logistics market share in Europe amid global shortages of these specialized vessels. <\/p>\n<p><strong>ALSO- <\/strong>GFH Partners closed a co-investment in the US-based player Cold-Link Logistics, effectively expanding its US logistics portfolio and securing a foothold in the robust cold-chain market in North America. <\/p>\n<p><strong>Meanwhile, on the global shipping front<\/strong>, the mood is more cautious after CMA CGM said it will reroute three services back through the Cape of Good Hope route, citing a generic \u201cuncertain\u201d context. <\/p>\n<p class=\"tag-border-left\">Happening this week<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>All eyes are on the US Supreme Court this week<\/strong>, as it is expected to make a final ruling on whether Trump\u2019s use of the Emergency Economic Powers Act to impose tariffs is lawful. While the Trump Administration <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2026\/01\/18\/trump-tariffs-supreme-court-bessent-trade-greenland.html\" style=\"\" rel=\"noopener\">appears confident<\/a> it will get a ruling in its favor, the administration is ready to introduce alternative duties immediately, using other regulatory provisions if the court rules against it, Trump\u2019s trade negotiator and US Trade Representative Jamieson Greer <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2026\/01\/19\/us\/politics\/trump-tariffs-supreme-court-greer-trade.html\" style=\"\" rel=\"noopener\">told<\/a> the New York Times last week. <\/p>\n\n<p class=\"tag-border-left\">Watch this space<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a>  <strong>SHIPPING \u2014 <\/strong><strong>CMA<\/strong><strong> CGM is signaling caution about the return to the Red Sea shipping lane<\/strong>, after it <a target=\"_blank\" href=\"https:\/\/www.cma-cgm.com\/news\/5293\/fal-1-fal-3-and-mex-to-operate-via-the-cape-of-good-hope%5C\" style=\"\" rel=\"noopener\">said<\/a> it will reroute vessels on its French-Asia Line 1, French-Asia Line 2, and Mediterranean Club Express back through the Cape of Good Hope. The company cited a \u201ccomplex and uncertain international context\u201d in its statement, but did not explain the exact drivers of the decision. Its Indamex Service, though, will continue going through the Suez Canal.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>The decision, which comes after the major French liner tested Red Sea transits for the three affected services in 4Q 2025, serves as a reality check following rising hopes of a swift return to the maritime route. It also comes after Maersk signalled a return to the canal after <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/issues\/msc-qatars-mcp-to-funnel-usd-2-7-bn-to-expand-libyas-misurata-port\/\" style=\"\" rel=\"noopener\">rerouting<\/a> its MECL service connecting India and the Middle East to the US East Coast.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>It\u2019s not just security concerns that the big shipping lines weigh when they debate whether to reactivate or mothball a line \u2014 demand for many lines is already saturated, and bringing back fresh capacity out-of-step with demand could push already-struggling freight rates down. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^<strong> Our must-read on the topic: <\/strong>We <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/31\/is-a-red-sea-return-a-market-blip-or-a-global-bust\/\" style=\"\" rel=\"noopener\">sat down<\/a> with Simon Heaney, container industry analyst at London-based maritime consultancy Drewry, to gain a better understanding of what a full return to the Red Sea route in 2026 means for the industry. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p><a id=\"wwtt2\"><\/a>  <strong>AVIATION \u2014 <\/strong><strong>Turkey <\/strong><strong>inaugurates EUR 298 mn expansion of Ankara airport: <\/strong>The Turkish government has <a target=\"_blank\" href=\"https:\/\/www.dailysabah.com\/business\/transportation\/turkiye-inaugurates-new-runway-at-ankara-airport-in-346m-expansion\" style=\"\" rel=\"noopener\">launched<\/a> the first phase of Esenbo\u011fa Airport\u2019s upgrade in Ankara \u2014 a development carried out by TAV Airports in public-private partnership (PPP) with EUR 298 mn investment. The expansion has added a third runway, a new air traffic control tower, and an <a target=\"_blank\" href=\"https:\/\/www.aa.com.tr\/tr\/ekonomi\/bakan-uraloglu-esenboga-havalimanimiz-baskentimizin-dunyaya-acilan-kapisini-daha-guclu-sekilde-temsil-edecek\/3804054\" style=\"\" rel=\"noopener\">85k sqm cargo apron<\/a> to the Ankara-based airport.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>The company operating the airport will pay EUR 560 mn in rent over a 25-year lease period to the government, which has not financially contributed to the expansion. A second phase expansion will also be launched soon, covering a new terminal building, a general aviation apron, and taxiways, Turkish Transport and Infrastructure Minister Abdulkadir Uralo\u011flu said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Turkey is upping its aviation capacity in 2026<\/strong>, with several airport infrastructure projects scheduled for delivery this year, the <a target=\"_blank\" href=\"https:\/\/www.dailysabah.com\/business\/transportation\/turkiye-to-press-ahead-with-airport-expansion-projects-in-2026\" style=\"\" rel=\"noopener\">Daily Sabah<\/a> reports, citing government documents. Expansion work is currently underway at Yozgat, Hatay, and Bayburt-G\u00fcm\u00fc\u015fhane airports, along with a major development at Istanbul Airport, where the fourth main runway is slated to go online in 2026.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>DATA CENTERS \u2014 G42\u2019s AI buildout is picking up pace:<\/strong> The first 200 MW of the state AI firm\u2019s planned <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/16\/uae-us-ink-usd-200-bn-investment-agreements-in-ai-critical-minerals-and-energy\/\" style=\"\" rel=\"noopener\">5<\/a><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/16\/uae-us-ink-usd-200-bn-investment-agreements-in-ai-critical-minerals-and-energy\/\" style=\"\" rel=\"noopener\">GW Abu Dhabi AI campus<\/a> \u2014 part of Washington\u2019s <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/01\/23\/inside-trumps-usd-500-bn-ai-project-stargate\/\" style=\"\" rel=\"noopener\">USD 500 bn Stargate program<\/a> \u2014 will come online \u201cin the next couple of months,\u201d CEO Peng Xiao told Bloomberg (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/videos\/2026-01-20\/g42-ceo-peng-xiao-on-chip-imports-ai-developments-video\" style=\"\" rel=\"noopener\">watch, runtime: 11:15<\/a>). Capacity is then expected to scale at 200-500 MW per quarter, pulling the timeline forward from earlier guidance which pointed to initial capacity starting from <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/12\/08\/this-morning-abu-dhabi-finance-week-kicks-off-after-f1-weekend-wraps-stargate-uae-to-launch-in-3q-2026\/\" style=\"\" rel=\"noopener\">3Q 2026<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Chips are next, with guardrails: <\/strong>Xiao said the first batch of advanced US chips, \u201cmostly Nvidia,\u201d alongside Cerebras and AMD, is also due to ship to the UAE in the coming months after the company <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/edition\/am\/8b87a6ec-804d-4363-875d-a51ea7c08abe\/us-approves-nvidia-chip-exports-to-g42-%2B-sharjah-issues-usd-750-mn-sukuk\" style=\"\" rel=\"noopener\">secured<\/a> export license approvals. Those approvals came with security conditions from the US. \u201cIt was not just a theoretical pledge,\u201d he said, citing safeguards against diversion and unauthorized remote access that G42 says it has already put in place.<\/p>\n\n<p class=\"tag-border-left\">Market watch <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil prices took a dip this morning as rising inventories in the US overshadowed concerns <\/strong><strong>over an EU-US trade war and a production halt in Kazakh oil production<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-gains-upbeat-china-data-greenland-spotlight-2026-01-20\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures were down USD 0.76 to trade at USD 64.16 \/ bbl as of 04:45 GMT, while US West Texas Intermediate (WTI) slid by USD 0.60 to USD 59.76 \/ bbl. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The<\/strong><strong> Baltic Index on an upward momentum: <\/strong>The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\" rel=\"noopener\">increased 4.8%<\/a> to 1,729 points on Tuesday. The capesize climbed up 7% to 2,570 points, while the panamax index gained 3.2% to 1,570. Meanwhile, the smaller supramax index rose 13 points to hit 983.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>YOU\u2019RE READING EnterpriseAM Logistics, the essential MENA publication for senior <\/strong><strong>execs who care about the industry that connects producers and retailers to global markets. <\/strong>We\u2019re out Monday through Thursday by 9:15am in Cairo and Riyadh and 11:15am in the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Logistics is available without charge <\/strong>thanks to the generous support of our friends at Hassan Allam Utilities, Transmar, and AK-Ships.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of Enterprise Logistics.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:logistics@enterprisemea.com\" style=\"\" rel=\"noopener\">logistics@enterprisemea.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\"><\/a> <strong>***<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What we\u2019re tracking this morning regionally and around the 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AD Ports snaps up Spanish shipyard for EUR 11.2 mn","related_issue":[92172],"teaser":"What we\u2019re tracking this morning regionally and around the world"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>TODAY: AD Ports snaps up Spanish shipyard for EUR 11.2 mn - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/21\/today-ad-ports-snaps-up-spanish-shipyard-for-eur-11-2-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TODAY: AD Ports snaps up Spanish shipyard for EUR 11.2 mn\" \/>\n<meta property=\"og:description\" content=\"What we\u2019re tracking this morning regionally and around the 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