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Rhenus and INDEX strengthen through new partnership

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INDEX Conferences & Exhibitions, a member of INDEX Holding and one of the leading event organisers in the UAE, announced the signing of a strategic partnership with Rhenus Logistics to serve as the exclusive official provider of logistics, freight forwarding and onsite handling services across all INDEX exhibitions scheduled for the years 2026 and 2027.

Through this agreement, INDEX streamlines its event operations while gaining access to Rhenus Logistics’ global expertise. Under the agreement, Rhenus will manage comprehensive end-to-end logistics operations for INDEX’s portfolio of large-scale exhibitions held at Dubai World Trade Centre, Dubai Exhibition Centre and Abu Dhabi National Exhibition Centre, as well as at leading hotels and venues across the UAE, ensuring smooth, consistent and reliable deliveries across all locations.

Mr. Tariq AlMadani, CEO of INDEX Conferences & Exhibitions, stated: “At INDEX, we prioritise operational excellence across every aspect of our events, and logistics plays a central role in achieving the standards expected by our exhibitors, partners and delegates. Appointing Rhenus Logistics as our exclusive logistics partner reflects our confidence in their expertise and their ability to support the scale and complexity of our exhibitions. This collaboration supports our long-term vision to deliver exceptional, reliable and sustainable event experiences across the UAE.”

The partnership also aligns with Rhenus Logistics’ recent expansion in the UAE, including the opening of new facilities and enhancements to their service capabilities. These developments reinforce the company’s ability to deliver the high-standard logistics solutions essential to supporting INDEX’s large-scale exhibitions across the country.

Commenting on this partnership, Mr. Anas Al Alarid, Regional Manager, Fairs & Exhibitions at Rhenus Logistics UAE, said: “We are thrilled to partner with INDEX Conferences & Exhibitions, a company that shares our values of innovation and excellence. Our team is committed to providing reliable and efficient logistics services that will contribute to the success of these prestigious events.”

As part of the agreement, the partnership will cover INDEX’s flagship exhibitions scheduled for 2026 and 2027. For the 2026 calendar alone, these events collectively span approximately 109,300 square meters. The annual lineup includes the UAE International Dental Conference and Arab Dental Exhibition (AEEDC Dubai); the Dubai International Pharmaceuticals & Technologies Conference and Exhibition (DUPHAT); the Dubai World Dermatology and Laser Conference and Exhibition (Dubai Derma); the Dubai International Humanitarian Aid & Development Conference & Exhibition (DIHAD); the International Emergency and Catastrophe Management Conference and Exhibition (IECM); the National Service Career Fair (NSCF); and the Dubai International Content Market (DICM). Given the international profile and scale of these exhibitions, strong logistical coordination remains essential to safeguarding the high standards for which INDEX is recognised.

The collaboration between INDEX Conferences & Exhibitions and Rhenus Logistics offers a strengthened foundation for delivering well-coordinated, high-quality exhibitions and enhancing the overall experience for exhibitors, partners and visitors across all events, supporting the UAE’s wider vision to set new benchmarks in hosting world-class exhibitions.

 
 

INDEX Conferences & Exhibitions, a member of INDEX Holding and one of the leading event organisers in the UAE, announced the signing of a strategic partnership with Rhenus Logistics to serve as the exclusive official provider of logistics, freight forwarding and onsite handling services across all INDEX exhibitions scheduled for the years 2026 and 2027.

Through this agreement, INDEX streamlines its event operations while gaining access to Rhenus Logistics’ global expertise. Under the agreement, Rhenus will manage comprehensive end-to-end logistics operations for INDEX’s portfolio of large-scale exhibitions held at Dubai World Trade Centre, Dubai Exhibition Centre and Abu Dhabi National Exhibition Centre, as well as at leading hotels and venues across the UAE, ensuring smooth, consistent and reliable deliveries across all locations.

Mr. Tariq AlMadani, CEO of INDEX Conferences & Exhibitions, stated: “At INDEX, we prioritise operational excellence across every aspect of our events, and logistics plays a central role in achieving the standards expected by our exhibitors, partners and delegates. Appointing Rhenus Logistics as our exclusive logistics partner reflects our confidence in their expertise and their ability to support the scale and complexity of our exhibitions. This collaboration supports our long-term vision to deliver exceptional, reliable and sustainable event experiences across the UAE.”

The partnership also aligns with Rhenus Logistics’ recent expansion in the UAE, including the opening of new facilities and enhancements to their service capabilities. These developments reinforce the company’s ability to deliver the high-standard logistics solutions essential to supporting INDEX’s large-scale exhibitions across the country.

Commenting on this partnership, Mr. Anas Al Alarid, Regional Manager, Fairs & Exhibitions at Rhenus Logistics UAE, said: “We are thrilled to partner with INDEX Conferences & Exhibitions, a company that shares our values of innovation and excellence. Our team is committed to providing reliable and efficient logistics services that will contribute to the success of these prestigious events.”

As part of the agreement, the partnership will cover INDEX’s flagship exhibitions scheduled for 2026 and 2027. For the 2026 calendar alone, these events collectively span approximately 109,300 square meters. The annual lineup includes the UAE International Dental Conference and Arab Dental Exhibition (AEEDC Dubai); the Dubai International Pharmaceuticals & Technologies Conference and Exhibition (DUPHAT); the Dubai World Dermatology and Laser Conference and Exhibition (Dubai Derma); the Dubai International Humanitarian Aid & Development Conference & Exhibition (DIHAD); the International Emergency and Catastrophe Management Conference and Exhibition (IECM); the National Service Career Fair (NSCF); and the Dubai International Content Market (DICM). Given the international profile and scale of these exhibitions, strong logistical coordination remains essential to safeguarding the high standards for which INDEX is recognised.

The collaboration between INDEX Conferences & Exhibitions and Rhenus Logistics offers a strengthened foundation for delivering well-coordinated, high-quality exhibitions and enhancing the overall experience for exhibitors, partners and visitors across all events, supporting the UAE’s wider vision to set new benchmarks in hosting world-class exhibitions.

 
 

4 December 2025 |

Kalmar and IRTC partner

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Kalmar, a global leader in sustainable material handling equipment and services, and Independent Rough Terrain Center LLC (IRTC), a U.S.-based manufacturer of heavy-duty rough terrain material handling equipment, establish a strategic partnership to distribute and service IRTC’s Rough Terrain Container Handler (RTCH) worldwide.

Through this partnership Kalmar is able to offer IRTC’s industry-proven RTCH technology as an additional product, leveraging its international network to provide comprehensive training, support, and aftermarket services.

The Rough Terrain Container Handler (RTCH) is a purpose-built solution engineered for the world’s most demanding environments. Designed to perform where conventional equipment cannot operate, the RTCH combines strength, versatility, and mobility to handle containers and cargo in areas without established infrastructure, for example in defence applications, mining and resource exploration.

Stephen M. Speakes, President and CEO of IRTC: “Partnering with Kalmar gives IRTC the ability to reach a truly global audience. Our Rough Terrain Container Handler has a proven legacy supporting Commercial, as well as defence operations, and we’re proud to now deliver that same rugged reliability to a growing number of customers worldwide through Kalmar’s trusted sales and service network.”

Alf-Gunnar Karlgren, President, Counter Balanced, Kalmar: “This partnership allows us to better support operations in challenging logistics environments, from mining and oilfield projects to large-scale rural infrastructure. Together with IRTC, we are expanding the boundaries of where reliable material handling is possible. We’re thrilled to partner with IRTC to bring our customers a best-in-class heavy-duty rough terrain handling solution.”

 
 

Kalmar, a global leader in sustainable material handling equipment and services, and Independent Rough Terrain Center LLC (IRTC), a U.S.-based manufacturer of heavy-duty rough terrain material handling equipment, establish a strategic partnership to distribute and service IRTC’s Rough Terrain Container Handler (RTCH) worldwide.

Through this partnership Kalmar is able to offer IRTC’s industry-proven RTCH technology as an additional product, leveraging its international network to provide comprehensive training, support, and aftermarket services.

The Rough Terrain Container Handler (RTCH) is a purpose-built solution engineered for the world’s most demanding environments. Designed to perform where conventional equipment cannot operate, the RTCH combines strength, versatility, and mobility to handle containers and cargo in areas without established infrastructure, for example in defence applications, mining and resource exploration.

Stephen M. Speakes, President and CEO of IRTC: “Partnering with Kalmar gives IRTC the ability to reach a truly global audience. Our Rough Terrain Container Handler has a proven legacy supporting Commercial, as well as defence operations, and we’re proud to now deliver that same rugged reliability to a growing number of customers worldwide through Kalmar’s trusted sales and service network.”

Alf-Gunnar Karlgren, President, Counter Balanced, Kalmar: “This partnership allows us to better support operations in challenging logistics environments, from mining and oilfield projects to large-scale rural infrastructure. Together with IRTC, we are expanding the boundaries of where reliable material handling is possible. We’re thrilled to partner with IRTC to bring our customers a best-in-class heavy-duty rough terrain handling solution.”

 
 

4 December 2025 |

Hiab agrees to acquire ING Cranes

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Hiab, a leading provider of smart and sustainable on-road load handling solutions, has entered into an agreement to acquire ING Cranes, a leading Brazilian crane manufacturer.

This strategic move significantly enhances Hiab’s presence in Brazil, complementing its current portfolio in the market.

ING Cranes was founded in 2010. In 2024, the company reported sales of approximately EUR 50 million and today employs around 250 people.

“The acquisition of ING Cranes is a logical step in Hiab’s growth strategy, and it aligns well with Hiab’s ambition to expand not only organically but also inorganically. Over its 15-year history, ING Cranes has demonstrated a strong track record of profitable growth. Therefore, we expect that, post-transaction, this will help us increase our overall market presence as well as our ability to deliver significant value for our customers and all external stakeholders,” says Hiab’s President and CEO Scott Phillips.

“This acquisition brings together Hiab’s global reach and broad loader crane offering with ING Cranes’ strong local expertise and portfolio. With this, Hiab positions itself to become the leading loader crane provider in Brazil,” says Marcel Boxem, VP Sales & Product Management, Hiab Loader Cranes, Heavy and Superheavy.

The acquisition complements Hiab’s current brand portfolio of loader cranes in Brazil. With this addition, Hiab offers a comprehensive range of loader cranes from light to heavy-duty, solidifying its position as a preferred solution provider for the Brazilian agriculture, rental, construction and transportation industries.

The closing of the transaction is subject to customary closing conditions and is expected to take place in the beginning of 2026. The parties have agreed not to disclose the transaction value.

 
 

Hiab, a leading provider of smart and sustainable on-road load handling solutions, has entered into an agreement to acquire ING Cranes, a leading Brazilian crane manufacturer.

This strategic move significantly enhances Hiab’s presence in Brazil, complementing its current portfolio in the market.

ING Cranes was founded in 2010. In 2024, the company reported sales of approximately EUR 50 million and today employs around 250 people.

“The acquisition of ING Cranes is a logical step in Hiab’s growth strategy, and it aligns well with Hiab’s ambition to expand not only organically but also inorganically. Over its 15-year history, ING Cranes has demonstrated a strong track record of profitable growth. Therefore, we expect that, post-transaction, this will help us increase our overall market presence as well as our ability to deliver significant value for our customers and all external stakeholders,” says Hiab’s President and CEO Scott Phillips.

“This acquisition brings together Hiab’s global reach and broad loader crane offering with ING Cranes’ strong local expertise and portfolio. With this, Hiab positions itself to become the leading loader crane provider in Brazil,” says Marcel Boxem, VP Sales & Product Management, Hiab Loader Cranes, Heavy and Superheavy.

The acquisition complements Hiab’s current brand portfolio of loader cranes in Brazil. With this addition, Hiab offers a comprehensive range of loader cranes from light to heavy-duty, solidifying its position as a preferred solution provider for the Brazilian agriculture, rental, construction and transportation industries.

The closing of the transaction is subject to customary closing conditions and is expected to take place in the beginning of 2026. The parties have agreed not to disclose the transaction value.

 
 

4 December 2025 |

PROLOG India delivers refinery modules from the Middle East

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PROLOG India are pleased to share a recent project movement for a major refinery expansion with cargo shipped from the Middle East to India.

The successful project stands as a testament to the capability of PROLOG India to lift, move, and deliver critical energy infrastructure beyond limits.

The mission began in the Middle East, where 22 critical refinery modules, weighing a total of 8,227frt, were prepared for a high-stakes voyage to India. The cargo included exceptionally heavy units such as 2 × 86mt, 3 × 47mt, 3 × 43mt, 3 × 39mt, and 3 × 36mt, each demanding tailored handling strategies, accurate rigging plans, and vessel-specific stowage engineering.

From the moment the project was commissioned, the PROLOG India technical and operations teams worked in complete synergy. Detailed method statements, lifting plans, stability calculations, and risk assessments were carried out well in advance to ensure seamless readiness at the port of loading. Close coordination with the shipping line, port authorities, and on-ground supervision teams ensured full control over every phase – from ex-works movement and pre-loading inspections to lifting, securing, and ocean transit.

Upon arrival in India, the project reached its most critical stage. The safe discharge of the heavy modules required more than equipment; it required foresight, on-site experience, and meticulous sequencing. The PROLOG India team ensured flawless execution, maintaining strict safety compliance, optimised lifting configurations, and round-the-clock oversight to deliver the cargo on time, safely, and without operational deviations.

“At PROLOG India, every project is an opportunity to redefine what’s possible in heavy-lift logistics. This project is more than just another successful delivery, it reflects PROLOG India’s role in moving essential energy infrastructure that powers industries, supports national development, and strengthens India’s refinery capabilities for the future.”

“PROLOG India – Powering Progress and Lifting the Future.

 
 

PROLOG India are pleased to share a recent project movement for a major refinery expansion with cargo shipped from the Middle East to India.

The successful project stands as a testament to the capability of PROLOG India to lift, move, and deliver critical energy infrastructure beyond limits.

The mission began in the Middle East, where 22 critical refinery modules, weighing a total of 8,227frt, were prepared for a high-stakes voyage to India. The cargo included exceptionally heavy units such as 2 × 86mt, 3 × 47mt, 3 × 43mt, 3 × 39mt, and 3 × 36mt, each demanding tailored handling strategies, accurate rigging plans, and vessel-specific stowage engineering.

From the moment the project was commissioned, the PROLOG India technical and operations teams worked in complete synergy. Detailed method statements, lifting plans, stability calculations, and risk assessments were carried out well in advance to ensure seamless readiness at the port of loading. Close coordination with the shipping line, port authorities, and on-ground supervision teams ensured full control over every phase – from ex-works movement and pre-loading inspections to lifting, securing, and ocean transit.

Upon arrival in India, the project reached its most critical stage. The safe discharge of the heavy modules required more than equipment; it required foresight, on-site experience, and meticulous sequencing. The PROLOG India team ensured flawless execution, maintaining strict safety compliance, optimised lifting configurations, and round-the-clock oversight to deliver the cargo on time, safely, and without operational deviations.

“At PROLOG India, every project is an opportunity to redefine what’s possible in heavy-lift logistics. This project is more than just another successful delivery, it reflects PROLOG India’s role in moving essential energy infrastructure that powers industries, supports national development, and strengthens India’s refinery capabilities for the future.”

“PROLOG India – Powering Progress and Lifting the Future.

 
 

4 December 2025 |

Woodside signs up ABL on GCRA

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Energy and marine consultancy ABL has been awarded a Global Client Relationship Agreement (GCRA), an Australian Frame Agreement and an International Frame Agreement (“Frame Agreements”) with global energy company Woodside Energy (Woodside), to support the operator’s offshore energy construction and operations worldwide, including in Australia and the US.

Under the agreements, ABL will provide marine warranty survey (MWS), marine assurance and general consultancy services, on a call-off basis. Each of the agreements are for a five-year term and are on a non-binding and non-exclusive basis, during which ABL can be called on to provide the above-mentioned services to support Woodside with its operational assets, along with the potential for it to be expanded for future project developments.

The agreements capture services that are intended to ensure compliance, reliability, and safety across all of Woodside’s worldwide activities.

“We are pleased to continue our support for Woodside Energy, and now with its global assets beyond Australia. This follows 20 years of successful collaboration in Australia, including our ongoing 4-year involvement as MWS to support the transportation and installation of the Scarborough project. The GCRA and Frame Agreements are a reflection of how our cooperation has helped to de-risk and drive efficiency across the construction and operations of Woodside’s offshore assets.” Jason Hannath, ABL’s Country Manager in Australia

ABL Australasia is headquartered in Perth, Western Australia, with supporting offices in Brisbane, Sydney and Melbourne. It also has operations in New Zealand, supporting maritime and offshore energy assets across New Zealand and the Pacific Islands.

ABL is part of the global consultancy ABL Group ASA, which is listed on the Oslo Stock Exchange.

 
 

Energy and marine consultancy ABL has been awarded a Global Client Relationship Agreement (GCRA), an Australian Frame Agreement and an International Frame Agreement (“Frame Agreements”) with global energy company Woodside Energy (Woodside), to support the operator’s offshore energy construction and operations worldwide, including in Australia and the US.

Under the agreements, ABL will provide marine warranty survey (MWS), marine assurance and general consultancy services, on a call-off basis. Each of the agreements are for a five-year term and are on a non-binding and non-exclusive basis, during which ABL can be called on to provide the above-mentioned services to support Woodside with its operational assets, along with the potential for it to be expanded for future project developments.

The agreements capture services that are intended to ensure compliance, reliability, and safety across all of Woodside’s worldwide activities.

“We are pleased to continue our support for Woodside Energy, and now with its global assets beyond Australia. This follows 20 years of successful collaboration in Australia, including our ongoing 4-year involvement as MWS to support the transportation and installation of the Scarborough project. The GCRA and Frame Agreements are a reflection of how our cooperation has helped to de-risk and drive efficiency across the construction and operations of Woodside’s offshore assets.” Jason Hannath, ABL’s Country Manager in Australia

ABL Australasia is headquartered in Perth, Western Australia, with supporting offices in Brisbane, Sydney and Melbourne. It also has operations in New Zealand, supporting maritime and offshore energy assets across New Zealand and the Pacific Islands.

ABL is part of the global consultancy ABL Group ASA, which is listed on the Oslo Stock Exchange.

 
 

3 December 2025 |

Norsepower enters landmark agreement with Idemitsu

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Norsepower, the leading provider of mechanical sails for large vessels, and Idemitsu Tanker Co., Ltd., the shipping arm of Idemitsu Kosan, have announced their agreement to equip two Very Large Crude Carriers (VLCCs) with the Norsepower Rotor Sail™.

The vessels, which will be built by Japan Marine United Corporation (JMU) and Nihon Shipyard Co., Ltd., (NSY) mark the world-first release of VLCCs to be fitted with rotor sails. Each VLCC will be delivered with two 35x5m explosion-proof Norsepower Rotor Sails™. The first vessel is scheduled for delivery in end of 2028.

December 02, 2025, Helsinki, Finland: As part of Idemitsu’s commitment to reducing emissions and advancing sustainable transport solutions, the VLCCs have been designed with state-of-the-art energy-saving technologies and prepared for future low-carbon fuels such as methanol. The addition of rotor sails is expected to significantly reduce fuel consumption and greenhouse gas emissions, contributing directly to global decarbonisation efforts in shipping. The project demonstrates how integrating the intelligent, data-driven Norsepower Rotor Sail™ into purpose-designed vessels can deliver exceptional performance gains.

In an official statement, representatives from Idemitsu Tanker Co., Ltd. commented:“Idemitsu Tanker is accelerating the implementation of new technologies and is committed to realizing a carbon-neutral (CN) society by achieving both a stable energy transportation and a reduced environmental impact. By equipping our new VLCCs with the Norsepower Rotor Sail™, we are not only investing in fuel savings and emission reductions but also taking a decisive step towards the decarbonisation of long-haul shipping. This project reflects our philosophy of combining reliable operations with innovation to serve global energy needs responsibly.”

This milestone deal underlines both the maturity of wind propulsion and Norsepower’s leadership in the tanker segment. With 22 units in operation in this segment alone, Norsepower Rotor Sails have already been installed on tankers of various size — from smaller chemical tankers, LC02 carriers, MR, LR, VLGC — and now, for the first time, on VLCCs.

Heikki Pöntynen, CEO of Norsepower, said: “This is a defining moment for Norsepower and for wind propulsion in global shipping. Partnering with Idemitsu Tanker and JMU on the first VLCCs with rotor sails and doing so as our first newbuild project in Japan, is a tremendous step forward. Japan has already become the single biggest market for Norsepower projects, and this collaboration confirms both the trust in our technology and its relevance across all tanker segments.”

The Norsepower Rotor Sail™ is a modernised, data-driven evolution of the Flettner rotor – a spinning cylinder that uses the Magnus Effect to capture wind and deliver clean propulsion. Alongside the aerodynamic hardware, each installation is supported by advanced digital control systems that optimise performance in real time, ensuring the sails operate at peak efficiency in every condition. By reducing reliance on engines, the system cuts both fuel consumption and emissions. Depending on wind patterns, routing and vessel operations, Norsepower Rotor Sails typically reduce fuel use by 5–25% — and even higher when conditions are favourable.

 
 

Norsepower, the leading provider of mechanical sails for large vessels, and Idemitsu Tanker Co., Ltd., the shipping arm of Idemitsu Kosan, have announced their agreement to equip two Very Large Crude Carriers (VLCCs) with the Norsepower Rotor Sail™.

The vessels, which will be built by Japan Marine United Corporation (JMU) and Nihon Shipyard Co., Ltd., (NSY) mark the world-first release of VLCCs to be fitted with rotor sails. Each VLCC will be delivered with two 35x5m explosion-proof Norsepower Rotor Sails™. The first vessel is scheduled for delivery in end of 2028.

December 02, 2025, Helsinki, Finland: As part of Idemitsu’s commitment to reducing emissions and advancing sustainable transport solutions, the VLCCs have been designed with state-of-the-art energy-saving technologies and prepared for future low-carbon fuels such as methanol. The addition of rotor sails is expected to significantly reduce fuel consumption and greenhouse gas emissions, contributing directly to global decarbonisation efforts in shipping. The project demonstrates how integrating the intelligent, data-driven Norsepower Rotor Sail™ into purpose-designed vessels can deliver exceptional performance gains.

In an official statement, representatives from Idemitsu Tanker Co., Ltd. commented:“Idemitsu Tanker is accelerating the implementation of new technologies and is committed to realizing a carbon-neutral (CN) society by achieving both a stable energy transportation and a reduced environmental impact. By equipping our new VLCCs with the Norsepower Rotor Sail™, we are not only investing in fuel savings and emission reductions but also taking a decisive step towards the decarbonisation of long-haul shipping. This project reflects our philosophy of combining reliable operations with innovation to serve global energy needs responsibly.”

This milestone deal underlines both the maturity of wind propulsion and Norsepower’s leadership in the tanker segment. With 22 units in operation in this segment alone, Norsepower Rotor Sails have already been installed on tankers of various size — from smaller chemical tankers, LC02 carriers, MR, LR, VLGC — and now, for the first time, on VLCCs.

Heikki Pöntynen, CEO of Norsepower, said: “This is a defining moment for Norsepower and for wind propulsion in global shipping. Partnering with Idemitsu Tanker and JMU on the first VLCCs with rotor sails and doing so as our first newbuild project in Japan, is a tremendous step forward. Japan has already become the single biggest market for Norsepower projects, and this collaboration confirms both the trust in our technology and its relevance across all tanker segments.”

The Norsepower Rotor Sail™ is a modernised, data-driven evolution of the Flettner rotor – a spinning cylinder that uses the Magnus Effect to capture wind and deliver clean propulsion. Alongside the aerodynamic hardware, each installation is supported by advanced digital control systems that optimise performance in real time, ensuring the sails operate at peak efficiency in every condition. By reducing reliance on engines, the system cuts both fuel consumption and emissions. Depending on wind patterns, routing and vessel operations, Norsepower Rotor Sails typically reduce fuel use by 5–25% — and even higher when conditions are favourable.

 
 

3 December 2025 |

Maersk appoints new MD for UK & Ireland

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Christopher Cook, currently Managing Director of Maersk’s India, Bangladesh & Sri Lanka (IBS) Area, will take over as the new Managing Director of UK & Ireland Area with the start of the new year.

The British national joined Maersk as a trainee in 2002 and has worked over the last two decades across Africa, Europe, Middle East and India with both Damco and Maersk. Christopher Cook has spent the last 7 years in the IMEA region, initially as Managing Director in the UAE Area, successfully leading the integration and transformation of the business there. Most recently, he served as Managing Director for IBS Area where he has operationalised the long-term strategy for the Area, deepened the operational execution capability and lifted the profitability with successful growth across the portfolio.

“I am very pleased to welcome Chris to our Region Europe leadership team as our new head of UK and Ireland Area,” says Aymeric Chandavoine, EVP & President Region Europe at Maersk. “Chris is no stranger to the UK and brings a strong customer focus. He is also known for his passion about people and developing strong culture in the organisations he leads.”

 
 

Christopher Cook, currently Managing Director of Maersk’s India, Bangladesh & Sri Lanka (IBS) Area, will take over as the new Managing Director of UK & Ireland Area with the start of the new year.

The British national joined Maersk as a trainee in 2002 and has worked over the last two decades across Africa, Europe, Middle East and India with both Damco and Maersk. Christopher Cook has spent the last 7 years in the IMEA region, initially as Managing Director in the UAE Area, successfully leading the integration and transformation of the business there. Most recently, he served as Managing Director for IBS Area where he has operationalised the long-term strategy for the Area, deepened the operational execution capability and lifted the profitability with successful growth across the portfolio.

“I am very pleased to welcome Chris to our Region Europe leadership team as our new head of UK and Ireland Area,” says Aymeric Chandavoine, EVP & President Region Europe at Maersk. “Chris is no stranger to the UK and brings a strong customer focus. He is also known for his passion about people and developing strong culture in the organisations he leads.”

 
 

2 December 2025 |

Maersk appoints new MD for UK & Ireland

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Christopher Cook, currently Managing Director of Maersk’s India, Bangladesh & Sri Lanka (IBS) Area, will take over as the new Managing Director of UK & Ireland Area with the start of the new year.

The British national joined Maersk as a trainee in 2002 and has worked over the last two decades across Africa, Europe, Middle East and India with both Damco and Maersk. Christopher Cook has spent the last 7 years in the IMEA region, initially as Managing Director in the UAE Area, successfully leading the integration and transformation of the business there. Most recently, he served as Managing Director for IBS Area where he has operationalised the long-term strategy for the Area, deepened the operational execution capability and lifted the profitability with successful growth across the portfolio.

“I am very pleased to welcome Chris to our Region Europe leadership team as our new head of UK and Ireland Area,” says Aymeric Chandavoine, EVP & President Region Europe at Maersk. “Chris is no stranger to the UK and brings a strong customer focus. He is also known for his passion about people and developing strong culture in the organisations he leads.”

 
 

Christopher Cook, currently Managing Director of Maersk’s India, Bangladesh & Sri Lanka (IBS) Area, will take over as the new Managing Director of UK & Ireland Area with the start of the new year.

The British national joined Maersk as a trainee in 2002 and has worked over the last two decades across Africa, Europe, Middle East and India with both Damco and Maersk. Christopher Cook has spent the last 7 years in the IMEA region, initially as Managing Director in the UAE Area, successfully leading the integration and transformation of the business there. Most recently, he served as Managing Director for IBS Area where he has operationalised the long-term strategy for the Area, deepened the operational execution capability and lifted the profitability with successful growth across the portfolio.

“I am very pleased to welcome Chris to our Region Europe leadership team as our new head of UK and Ireland Area,” says Aymeric Chandavoine, EVP & President Region Europe at Maersk. “Chris is no stranger to the UK and brings a strong customer focus. He is also known for his passion about people and developing strong culture in the organisations he leads.”

 
 

2 December 2025 |

WinGD unveils high-pressure LNG dual-fuel engine

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Swiss marine power company WinGD has introduced its first high-pressure LNG dual-fuel engine, the X-DF-HP, developed specifically for the demanding operating profiles of ultra-large container vessels (ULCVs).

Unveiled at Marintec China 2025, the new engine arrives at a pivotal moment for shipowners navigating the energy transition, with the IMO’s Net Zero Framework currently paused and the prospect of regional regulation becoming increasingly fragmented. As a result, interest in LNG-fuelled tonnage continues to accelerate.

Available in X82 and X92 bore sizes, the X-DF-HP is tailored to the scale, speed and load requirements of the ULCV sector, with first deliveries planned for 2028. Based on comparisons between the efficiency of WinGD’s established diesel engines and similar dual-fuel designs, the high-pressure dual-fuel concept is anticipated to deliver improved efficiency.

“Large container vessels present a unique propulsion challenge,” said Benny Hilström, Vice President, Market Development at WinGD. “They demand immense power, exceptional efficiency and long-term fuel flexibility. With the X-DF-HP, we are providing operators with a purpose-built solution for the most power-hungry vessels, offering uncompromised, trouble-free propulsion.”

Available with the same auxiliary system requirements—such as fuel supply pressure—as other recognised engine concepts, it supports straightforward installation for shipyards and provides a practical, future-ready option for vessel owners. Achieving Tier III compliance in both gas and diesel modes using only a standard SCR, X-DF-HP offers operators a powerful, space-efficient and future-ready choice for the most demanding ultra-large container vessels.

“The X-DF-HP is built on the high-pressure Diesel X92-B engine platform that has already proven itself as one of the most efficient and reliable large-bore solutions in the container segment,” said Sebastian Hensel, Vice President R&D at WinGD. “Building on our long-standing diesel engine expertise and our deep experience in LNG dual-fuel technology, we’ve developed the X‑DF‑HP. Our tests and simulations show the X-DF-HP will deliver a clear step up in fuel efficiency and GHG performance compared to existing high-pressure dual-fuel engines on the market.”

The X-DF-HP builds on more than a century of high-pressure Diesel cycle expertise and dual-fuel innovation at WinGD. It joins the company’s high-pressure, multi-fuel portfolio, which includes the methanol/ethanol-capable X-DF-M/E and ammonia-fuelled X-DF-A engines. This provides operators with a fully fuel-flexible platform, with established engines such as the X92-B now able to be retrofitted for high-pressure LNG, methanol, ethanol, or ammonia as fuel pathways evolve.

With LNG providing FuelEU Maritime compliance well into the next decade, and uncertainty remaining around future IMO requirements, LNG continues to offer a cost-competitive, low-risk route to fleet decarbonisation. WinGD’s X-DF (low pressure) and X-DF-HP engines are fully compatible with renewable methane blends, enabling operators to progress towards lower-carbon operations without extensive mechanical modifications or the high retrofitting costs typically associated with emerging fuels.

“For ultra-large container vessels choosing LNG as their pathway to net zero, the X-DF-HP is the most cost-effective option,” added Hilström. “For all other vessels, the low-pressure X-DF platform continues to deliver the best lifecycle economics. Together, these propulsion options give vessel owners and operators complete confidence in selecting LNG—and WinGD—for the energy transition of their fleets.”

 
 

Swiss marine power company WinGD has introduced its first high-pressure LNG dual-fuel engine, the X-DF-HP, developed specifically for the demanding operating profiles of ultra-large container vessels (ULCVs).

Unveiled at Marintec China 2025, the new engine arrives at a pivotal moment for shipowners navigating the energy transition, with the IMO’s Net Zero Framework currently paused and the prospect of regional regulation becoming increasingly fragmented. As a result, interest in LNG-fuelled tonnage continues to accelerate.

Available in X82 and X92 bore sizes, the X-DF-HP is tailored to the scale, speed and load requirements of the ULCV sector, with first deliveries planned for 2028. Based on comparisons between the efficiency of WinGD’s established diesel engines and similar dual-fuel designs, the high-pressure dual-fuel concept is anticipated to deliver improved efficiency.

“Large container vessels present a unique propulsion challenge,” said Benny Hilström, Vice President, Market Development at WinGD. “They demand immense power, exceptional efficiency and long-term fuel flexibility. With the X-DF-HP, we are providing operators with a purpose-built solution for the most power-hungry vessels, offering uncompromised, trouble-free propulsion.”

Available with the same auxiliary system requirements—such as fuel supply pressure—as other recognised engine concepts, it supports straightforward installation for shipyards and provides a practical, future-ready option for vessel owners. Achieving Tier III compliance in both gas and diesel modes using only a standard SCR, X-DF-HP offers operators a powerful, space-efficient and future-ready choice for the most demanding ultra-large container vessels.

“The X-DF-HP is built on the high-pressure Diesel X92-B engine platform that has already proven itself as one of the most efficient and reliable large-bore solutions in the container segment,” said Sebastian Hensel, Vice President R&D at WinGD. “Building on our long-standing diesel engine expertise and our deep experience in LNG dual-fuel technology, we’ve developed the X‑DF‑HP. Our tests and simulations show the X-DF-HP will deliver a clear step up in fuel efficiency and GHG performance compared to existing high-pressure dual-fuel engines on the market.”

The X-DF-HP builds on more than a century of high-pressure Diesel cycle expertise and dual-fuel innovation at WinGD. It joins the company’s high-pressure, multi-fuel portfolio, which includes the methanol/ethanol-capable X-DF-M/E and ammonia-fuelled X-DF-A engines. This provides operators with a fully fuel-flexible platform, with established engines such as the X92-B now able to be retrofitted for high-pressure LNG, methanol, ethanol, or ammonia as fuel pathways evolve.

With LNG providing FuelEU Maritime compliance well into the next decade, and uncertainty remaining around future IMO requirements, LNG continues to offer a cost-competitive, low-risk route to fleet decarbonisation. WinGD’s X-DF (low pressure) and X-DF-HP engines are fully compatible with renewable methane blends, enabling operators to progress towards lower-carbon operations without extensive mechanical modifications or the high retrofitting costs typically associated with emerging fuels.

“For ultra-large container vessels choosing LNG as their pathway to net zero, the X-DF-HP is the most cost-effective option,” added Hilström. “For all other vessels, the low-pressure X-DF platform continues to deliver the best lifecycle economics. Together, these propulsion options give vessel owners and operators complete confidence in selecting LNG—and WinGD—for the energy transition of their fleets.”

 
 

2 December 2025 |

WinGD unveils high-pressure LNG dual-fuel engine

0

Swiss marine power company WinGD has introduced its first high-pressure LNG dual-fuel engine, the X-DF-HP, developed specifically for the demanding operating profiles of ultra-large container vessels (ULCVs).

Unveiled at Marintec China 2025, the new engine arrives at a pivotal moment for shipowners navigating the energy transition, with the IMO’s Net Zero Framework currently paused and the prospect of regional regulation becoming increasingly fragmented. As a result, interest in LNG-fuelled tonnage continues to accelerate.

Available in X82 and X92 bore sizes, the X-DF-HP is tailored to the scale, speed and load requirements of the ULCV sector, with first deliveries planned for 2028. Based on comparisons between the efficiency of WinGD’s established diesel engines and similar dual-fuel designs, the high-pressure dual-fuel concept is anticipated to deliver improved efficiency.

“Large container vessels present a unique propulsion challenge,” said Benny Hilström, Vice President, Market Development at WinGD. “They demand immense power, exceptional efficiency and long-term fuel flexibility. With the X-DF-HP, we are providing operators with a purpose-built solution for the most power-hungry vessels, offering uncompromised, trouble-free propulsion.”

Available with the same auxiliary system requirements—such as fuel supply pressure—as other recognised engine concepts, it supports straightforward installation for shipyards and provides a practical, future-ready option for vessel owners. Achieving Tier III compliance in both gas and diesel modes using only a standard SCR, X-DF-HP offers operators a powerful, space-efficient and future-ready choice for the most demanding ultra-large container vessels.

“The X-DF-HP is built on the high-pressure Diesel X92-B engine platform that has already proven itself as one of the most efficient and reliable large-bore solutions in the container segment,” said Sebastian Hensel, Vice President R&D at WinGD. “Building on our long-standing diesel engine expertise and our deep experience in LNG dual-fuel technology, we’ve developed the X‑DF‑HP. Our tests and simulations show the X-DF-HP will deliver a clear step up in fuel efficiency and GHG performance compared to existing high-pressure dual-fuel engines on the market.”

The X-DF-HP builds on more than a century of high-pressure Diesel cycle expertise and dual-fuel innovation at WinGD. It joins the company’s high-pressure, multi-fuel portfolio, which includes the methanol/ethanol-capable X-DF-M/E and ammonia-fuelled X-DF-A engines. This provides operators with a fully fuel-flexible platform, with established engines such as the X92-B now able to be retrofitted for high-pressure LNG, methanol, ethanol, or ammonia as fuel pathways evolve.

With LNG providing FuelEU Maritime compliance well into the next decade, and uncertainty remaining around future IMO requirements, LNG continues to offer a cost-competitive, low-risk route to fleet decarbonisation. WinGD’s X-DF (low pressure) and X-DF-HP engines are fully compatible with renewable methane blends, enabling operators to progress towards lower-carbon operations without extensive mechanical modifications or the high retrofitting costs typically associated with emerging fuels.

“For ultra-large container vessels choosing LNG as their pathway to net zero, the X-DF-HP is the most cost-effective option,” added Hilström. “For all other vessels, the low-pressure X-DF platform continues to deliver the best lifecycle economics. Together, these propulsion options give vessel owners and operators complete confidence in selecting LNG—and WinGD—for the energy transition of their fleets.”

 
 

Swiss marine power company WinGD has introduced its first high-pressure LNG dual-fuel engine, the X-DF-HP, developed specifically for the demanding operating profiles of ultra-large container vessels (ULCVs).

Unveiled at Marintec China 2025, the new engine arrives at a pivotal moment for shipowners navigating the energy transition, with the IMO’s Net Zero Framework currently paused and the prospect of regional regulation becoming increasingly fragmented. As a result, interest in LNG-fuelled tonnage continues to accelerate.

Available in X82 and X92 bore sizes, the X-DF-HP is tailored to the scale, speed and load requirements of the ULCV sector, with first deliveries planned for 2028. Based on comparisons between the efficiency of WinGD’s established diesel engines and similar dual-fuel designs, the high-pressure dual-fuel concept is anticipated to deliver improved efficiency.

“Large container vessels present a unique propulsion challenge,” said Benny Hilström, Vice President, Market Development at WinGD. “They demand immense power, exceptional efficiency and long-term fuel flexibility. With the X-DF-HP, we are providing operators with a purpose-built solution for the most power-hungry vessels, offering uncompromised, trouble-free propulsion.”

Available with the same auxiliary system requirements—such as fuel supply pressure—as other recognised engine concepts, it supports straightforward installation for shipyards and provides a practical, future-ready option for vessel owners. Achieving Tier III compliance in both gas and diesel modes using only a standard SCR, X-DF-HP offers operators a powerful, space-efficient and future-ready choice for the most demanding ultra-large container vessels.

“The X-DF-HP is built on the high-pressure Diesel X92-B engine platform that has already proven itself as one of the most efficient and reliable large-bore solutions in the container segment,” said Sebastian Hensel, Vice President R&D at WinGD. “Building on our long-standing diesel engine expertise and our deep experience in LNG dual-fuel technology, we’ve developed the X‑DF‑HP. Our tests and simulations show the X-DF-HP will deliver a clear step up in fuel efficiency and GHG performance compared to existing high-pressure dual-fuel engines on the market.”

The X-DF-HP builds on more than a century of high-pressure Diesel cycle expertise and dual-fuel innovation at WinGD. It joins the company’s high-pressure, multi-fuel portfolio, which includes the methanol/ethanol-capable X-DF-M/E and ammonia-fuelled X-DF-A engines. This provides operators with a fully fuel-flexible platform, with established engines such as the X92-B now able to be retrofitted for high-pressure LNG, methanol, ethanol, or ammonia as fuel pathways evolve.

With LNG providing FuelEU Maritime compliance well into the next decade, and uncertainty remaining around future IMO requirements, LNG continues to offer a cost-competitive, low-risk route to fleet decarbonisation. WinGD’s X-DF (low pressure) and X-DF-HP engines are fully compatible with renewable methane blends, enabling operators to progress towards lower-carbon operations without extensive mechanical modifications or the high retrofitting costs typically associated with emerging fuels.

“For ultra-large container vessels choosing LNG as their pathway to net zero, the X-DF-HP is the most cost-effective option,” added Hilström. “For all other vessels, the low-pressure X-DF platform continues to deliver the best lifecycle economics. Together, these propulsion options give vessel owners and operators complete confidence in selecting LNG—and WinGD—for the energy transition of their fleets.”

 
 

2 December 2025 |

PCN introduces Schnell as new members

0

Project Cargo Network are pleased to introduce Schnell Heavy Logistics as new members in Romania.

They are a well-organised company with ISO and OHSAS certification. Their proactive and professional team have an excellent problem-solving mentality and are experts in reliable solutions.

“Schnell Heavy Logistics is an industrial logistics services provider. We offer innovative solutions and creative options to deliver complex cargo.”
“With over 20 years of experience in the transport and forwarding market, our dedicated and expert team is ready to rise up to the unique challenges of every industrial transport and logistics project.

The complexity of moving heavy and oversized cargo as quickly and economically as possible requires collaborative partnership, attention to detail, and constant communication. To ensure we have successful projects from pre-planning to execution, we have developed efficient tools to facilitate communication between clients and the project management team in terms of planning, execution, monitoring, and controlling of the most challenging projects.

The sectors we specialize in include steel & stainless, energy & renewable, oil & gas, civil engineering, heavy industrial equipment, food & beverage, and petrochemical.”

 
 

Project Cargo Network are pleased to introduce Schnell Heavy Logistics as new members in Romania.

They are a well-organised company with ISO and OHSAS certification. Their proactive and professional team have an excellent problem-solving mentality and are experts in reliable solutions.

“Schnell Heavy Logistics is an industrial logistics services provider. We offer innovative solutions and creative options to deliver complex cargo.”
“With over 20 years of experience in the transport and forwarding market, our dedicated and expert team is ready to rise up to the unique challenges of every industrial transport and logistics project.

The complexity of moving heavy and oversized cargo as quickly and economically as possible requires collaborative partnership, attention to detail, and constant communication. To ensure we have successful projects from pre-planning to execution, we have developed efficient tools to facilitate communication between clients and the project management team in terms of planning, execution, monitoring, and controlling of the most challenging projects.

The sectors we specialize in include steel & stainless, energy & renewable, oil & gas, civil engineering, heavy industrial equipment, food & beverage, and petrochemical.”

 
 

1 December 2025 |

WWPC appoints Perez y Cia Peru

0

Worldwide Project Consortium (WWPC) is pleased to announce the appointment of Pérez y Cía Perú, headquartered in Lima, for Peru as exclusive country member effective immediately.

Pérez y Cía Perú specializes in maritime and cargo logistics. Its services include port agency, husbanding, liner and non-liner representations, freight forwarding, isotanks, and bulk cargo, supported by five business units (Commercial, Traffic, Operations, Logistics, and Finance) and a team of 18 employees.

The company maintains strategic alliances with key land-side providers—such as depots, terminals, trucking firms, and customs agencies—enabling coverage across all of Peru.

Pérez y Cía Perú is part of the Pérez y Cía Group.

 
 

Worldwide Project Consortium (WWPC) is pleased to announce the appointment of Pérez y Cía Perú, headquartered in Lima, for Peru as exclusive country member effective immediately.

Pérez y Cía Perú specializes in maritime and cargo logistics. Its services include port agency, husbanding, liner and non-liner representations, freight forwarding, isotanks, and bulk cargo, supported by five business units (Commercial, Traffic, Operations, Logistics, and Finance) and a team of 18 employees.

The company maintains strategic alliances with key land-side providers—such as depots, terminals, trucking firms, and customs agencies—enabling coverage across all of Peru.

Pérez y Cía Perú is part of the Pérez y Cía Group.

 
 

1 December 2025 |

Garbe Industrial starts new construction at Kamener Kreuz

0

Garbe Industrial is constructing a new multifunctional property for light industrial, production, storage and distribution purposes in Kamen (Unna district), North Rhine-Westphalia.

The property is being built on a plot of land measuring around 27,300 square metres and is planned to have a total area of 18,700 square metres. With planning permission already in place, construction work is now set to begin shortly. The investment volume amounts to around 28.5 million euros.

The site is located in the industrial estate on Henry-Everling- Straße within sight of the A1 motorway, which links the Hamburg metropolitan region with the greater Cologne area and is one of the most important north-south axes in Germany.

The Kamen-Zentrum junction can be reached within four minutes. From there, it is six kilometres via the A1 motorway
to the Kamener Kreuz interchange with the A2 Oberhausen – Berlin motorway. “The central location at one of Germany’s
busiest transport hubs makes the site a particularly sought- after centre for companies that want to move and distribute goods efficiently,” emphasises Frank Soppa, Regional Manager Project Development West at Garbe Industrial.

“Such a prime piece of real estate in the eastern Ruhr area is a rarity, and we are very happy that a property with great potential is being developed at this outstanding location.”

A property with a hall area of around 16,500 square metres is planned on the site. In addition, there will be 500 square metres for offices and social rooms and 1,700 square metres of mezzanine space. The new building will be equipped with 17 dock levellers and two sectional doors at ground level. The outdoor area will provide parking for 30 cars and three trucks.

The property is suitable for contract-based and distribution- oriented services as well as for light industrial and production 1 purposes.

“The project is being developed with a view to the future. We are already in talks with potentially interested parties,” says Frank Soppa. The market analyses conducted so far as part of the site selection process leave him feeling confident: “We assume that the property will be fully leased during the construction phase.” Completion is scheduled for the third quarter of 2026.

Garbe Industrial is aiming for the property to be certified according to the gold standard of the German Sustainable
Building Council (DGNB). Heating will be provided by air heat pumps, and no fossil fuels will be used. In addition, a
photovoltaic system is to be installed on the entire roof area.

The estate agent Immolox in Frankfurt brokered the property purchase.

 
 

Garbe Industrial is constructing a new multifunctional property for light industrial, production, storage and distribution purposes in Kamen (Unna district), North Rhine-Westphalia.

The property is being built on a plot of land measuring around 27,300 square metres and is planned to have a total area of 18,700 square metres. With planning permission already in place, construction work is now set to begin shortly. The investment volume amounts to around 28.5 million euros.

The site is located in the industrial estate on Henry-Everling- Straße within sight of the A1 motorway, which links the Hamburg metropolitan region with the greater Cologne area and is one of the most important north-south axes in Germany.

The Kamen-Zentrum junction can be reached within four minutes. From there, it is six kilometres via the A1 motorway
to the Kamener Kreuz interchange with the A2 Oberhausen – Berlin motorway. “The central location at one of Germany’s
busiest transport hubs makes the site a particularly sought- after centre for companies that want to move and distribute goods efficiently,” emphasises Frank Soppa, Regional Manager Project Development West at Garbe Industrial.

“Such a prime piece of real estate in the eastern Ruhr area is a rarity, and we are very happy that a property with great potential is being developed at this outstanding location.”

A property with a hall area of around 16,500 square metres is planned on the site. In addition, there will be 500 square metres for offices and social rooms and 1,700 square metres of mezzanine space. The new building will be equipped with 17 dock levellers and two sectional doors at ground level. The outdoor area will provide parking for 30 cars and three trucks.

The property is suitable for contract-based and distribution- oriented services as well as for light industrial and production 1 purposes.

“The project is being developed with a view to the future. We are already in talks with potentially interested parties,” says Frank Soppa. The market analyses conducted so far as part of the site selection process leave him feeling confident: “We assume that the property will be fully leased during the construction phase.” Completion is scheduled for the third quarter of 2026.

Garbe Industrial is aiming for the property to be certified according to the gold standard of the German Sustainable
Building Council (DGNB). Heating will be provided by air heat pumps, and no fossil fuels will be used. In addition, a
photovoltaic system is to be installed on the entire roof area.

The estate agent Immolox in Frankfurt brokered the property purchase.

 
 

1 December 2025 |

AD Ports sells stake in NMDC to Alpha Dhabi

0

AD Ports Group (ADX: ADPORTS), a leading global facilitator of trade, logistics, and industry, today announced the sale of its 9.77% stake in NMDC Group PJSC (ADX: NMDC), a global leader in engineering, procurement, construction, and marine dredging, to one of the fastest-growing investment holding companies in the MENA region Alpha Dhabi Holding PJSC (ADX: ALPHADHABI) for AED 1.6 billion (USD 436 million).

AD Ports Group received its stake in NMDC from Abu Dhabi Developmental Holding Company – ADQ ahead of its listing in February 2022. In less than four years, this financial holding yielded total shareholder return (TSR) of 17%, based on received dividends and capital gains and using its book value as of Q3 2025 for reference.

The transaction is part of AD Ports Group’s strategy of actively managing its asset portfolio across all business clusters to monetise, when opportune, non-core assets. It is the third divestment of non-core assets this year, following the sale of land at Khalifa Economic Zones – Abu Dhabi (KEZAD) to Mira Developments, and the sale of two logistics warehouses in KEZAD to Aldar Properties.

Proceeds from the NMDC transaction, like those from the Mira Developments and Aldar Properties transactions, will be used to de-lever the Group’s balance sheet and recycle into higher return projects. AD Ports Group reported net debt of AED 17.0 billion in the period ending 30 September.

Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group, said: “This agreement with Alpha Dhabi is a result of the Group’s durable commitment to intelligently managing its assets and value creation strategies, with the proceeds strengthening the Group’s financial position and capital structure. Under the wise guidance of our leadership in the UAE, AD Ports Group is focused on efficiently managing its asset portfolio, and deploying its financial strengths, to increase shareholder value, enhance the services delivered to our customers, and fulfil our primary mission of enabling trade. In the future, we will continue to actively manage our asset base to unlock and maximise value.”

Hamad Salem Al Ameri, Managing Director and Group CEO of Alpha Dhabi Holding, said: “This milestone acquisition underscores our commitment to investing in high-impact industrial verticals that support Abu Dhabi’s diversity and inclusion agenda. Our strategy is rooted in identifying scalable opportunities that align with national priorities and global trends, ensuring that industrial growth is matched by environmental responsibility and the empowerment of all segments of our society.”

The NMDC stake represents the third sale of non-core assets this year by AD Ports Group. In October 2025, the Group sold land in the Al Mamourah district of KEZAD to Mira Developments LLC, which plans to build a large mixed-use community, in a deal valued at AED 2.47 billion (USD 673 million). On 11 November, the Group announced the sale of two built-to-suit logistics warehouses in KEZAD to Aldar Properties for AED 570 million (USD 155 million).

With the purchase of AD Ports Group’s stake, Alpha Dhabi’s stake in NMDC Group, will increase to approximately 77%.

 
 

AD Ports Group (ADX: ADPORTS), a leading global facilitator of trade, logistics, and industry, today announced the sale of its 9.77% stake in NMDC Group PJSC (ADX: NMDC), a global leader in engineering, procurement, construction, and marine dredging, to one of the fastest-growing investment holding companies in the MENA region Alpha Dhabi Holding PJSC (ADX: ALPHADHABI) for AED 1.6 billion (USD 436 million).

AD Ports Group received its stake in NMDC from Abu Dhabi Developmental Holding Company – ADQ ahead of its listing in February 2022. In less than four years, this financial holding yielded total shareholder return (TSR) of 17%, based on received dividends and capital gains and using its book value as of Q3 2025 for reference.

The transaction is part of AD Ports Group’s strategy of actively managing its asset portfolio across all business clusters to monetise, when opportune, non-core assets. It is the third divestment of non-core assets this year, following the sale of land at Khalifa Economic Zones – Abu Dhabi (KEZAD) to Mira Developments, and the sale of two logistics warehouses in KEZAD to Aldar Properties.

Proceeds from the NMDC transaction, like those from the Mira Developments and Aldar Properties transactions, will be used to de-lever the Group’s balance sheet and recycle into higher return projects. AD Ports Group reported net debt of AED 17.0 billion in the period ending 30 September.

Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group, said: “This agreement with Alpha Dhabi is a result of the Group’s durable commitment to intelligently managing its assets and value creation strategies, with the proceeds strengthening the Group’s financial position and capital structure. Under the wise guidance of our leadership in the UAE, AD Ports Group is focused on efficiently managing its asset portfolio, and deploying its financial strengths, to increase shareholder value, enhance the services delivered to our customers, and fulfil our primary mission of enabling trade. In the future, we will continue to actively manage our asset base to unlock and maximise value.”

Hamad Salem Al Ameri, Managing Director and Group CEO of Alpha Dhabi Holding, said: “This milestone acquisition underscores our commitment to investing in high-impact industrial verticals that support Abu Dhabi’s diversity and inclusion agenda. Our strategy is rooted in identifying scalable opportunities that align with national priorities and global trends, ensuring that industrial growth is matched by environmental responsibility and the empowerment of all segments of our society.”

The NMDC stake represents the third sale of non-core assets this year by AD Ports Group. In October 2025, the Group sold land in the Al Mamourah district of KEZAD to Mira Developments LLC, which plans to build a large mixed-use community, in a deal valued at AED 2.47 billion (USD 673 million). On 11 November, the Group announced the sale of two built-to-suit logistics warehouses in KEZAD to Aldar Properties for AED 570 million (USD 155 million).

With the purchase of AD Ports Group’s stake, Alpha Dhabi’s stake in NMDC Group, will increase to approximately 77%.

 
 

27 November 2025 |
FreightHub
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