The 3 AD Ports shipping companies - Safeen Feeders, Transmar and Global Feeder Shippping (GFS) - will launch a new service connecting Karachi, Abu Dhabi, Jebel Ali Dammam, Jeddah, Aqaba, Sokhna, Adabiya, Port Sudan, Djibouti. The service is scheduled to start in December 2022, with further details still to be advised.
AD Ports Group (ADP) announced on 1 July 2022 that it has reached an agreement to acquire a 70% equity stake in International Associated Cargo Carrier (IACC) for $140m. IACC owns Transmar, a regional container shipping company that operates a container service between Adabiya and Jeddah on its core route with operations across the Middle East, Red Sea, Arabian Gulf and Eastern Coast of Africa. In 2021, Transmar handled 109,000 teu. It owns the 2008 built 2,127 teu TRANSMAR LEGACY that was acqui