Blue Robotics is the latest “blue economy” tenant to sign a lease at AltaSea’s Center for Innovation at the Port of Los ...
China's controlling stake in the Greek port of Piraeus, one of the largest in Europe, is not for sale, the Chinese embassy in ...
Bids to construct a new Port of Green Bay terminal key to moving the coal piles came in well below the job’s projected cost ...
Blue Robotics is making a major move to a waterfront campus where it will have direct ocean access for testing its marine ...
Russia's Black Sea port of Tuapse resumed oil product exports last week after a two-week suspension following Ukrainian drone attacks, while the local oil refinery has restarted processing crude, ...
Russia attacked port infrastructure in the Odesa region with drones overnight. Russian strike caused a fire on one of the ...
The Wärtsilä 25 engine is a medium-speed four-stroke marine engine designed for easy upgrades to operate on future low or ...
Arabian Gulf Business Insight on MSN

AD Ports buys $28m PIF stake in Egyptian port operator

AD Ports Group has acquired a 19 percent stake in Alexandria Container & Cargo Handling Company (ALCN), one of the largest container terminal operators in Egypt, for nearly $28 million (EGP 13.24 ...
AD Ports acquired 19.328% of Alexandria Container & Cargo Handling Company (ALCN) for about EGP 13.2 billion ($276.7 million). ALCN increased revenue by 194% between 2022 and 2025 under SEIC’s ...