Business, Freight News, Logistics, Sea


AD Ports launches Luanda terminal venture

[ February 3, 2025   //   ]

AD Ports Group began its long-term management and development of a multipurpose terminal and associated logistics business in Luanda, Angola on 31 January. The UAE-based company is working with Angolan joint venture partners Unicargas and Multiparques. It has taken a 81% stake in the multipurpose terminal venture with Unicargas and Multiparques, and a 90% stake in the logistics venture with Unicargas. 
Under a 20-year concession agreement with the Luanda Port Authority, AD Ports Group committed to invest around US$250 million through 2026 to modernise the terminal and to develop Noatum Unicargas Logistics, a joint venture providing integrated logistics, transport and freight forwarding services for local, regional and international clients.
The facility will be upgraded to a general cargo, container and roll on-roll off terminal with 16 metres of depth alongside and able to handle vessels of up to 14,000TEU.

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