ad-ports-group-global-feeder-shipping-safeen-feeders

AD Ports creates world’s largest feeder line with GFS buy

AD Ports Group says it has created the world’s largest independent feeder carrier with its acquisition of an 80% stake in Dubai-based Global Feeder Shipping, for AED 2.9 billion. It now plans to integrate GFS into its maritime cluster, which includes SAFEEN Feeders and Transmar giving the group the world’s largest independent feeder owned fleet of 35 vessels, and the third largest globally by volumes carried with a total container ... [+]