AD Ports readies boxship investments in Caspian region

AD Ports Group has moved to expand its operations in the Caspian Sea region with two containership newbuilds. Noatum, the maritime and shipping arm of the Abu Dhabi-based ports and logistics giant, has signed a deal with Kazmortransflot, a subsidiary of Kazakh national oil company KazMunayGas, to build a pair of 500+ teu boxships specifically …