Ad Ports acquires 80% stake in GFS, becomes the world’s largest independent feeder carrier

08.11.2022

AD Ports Group, the Abu Dhabi-headquartered operator of free zones, ports, logistics, maritime and digital services signed an agreement on Thursday to acquire an 80% equity stake in the Dubai-based global container shipping company, Global Feeder Shipping (GFS), in line with its long-term strategy to become one of the world’s premier short-sea and feeder shipping players.

By integrating GFS into AD Ports’ Maritime Cluster – which already offers a comprehensive portfolio of shipping, offshore and subsea services – to complement the group’s other companies SAFEEN Feeders and Transmar’s operations, AD Ports Group will become the world’s largest independent feeder company by vessels owned, with a fleet of 35 owned vessels, and the third largest globally by the volumes carried, with a total container capacity of 100,000 TEUs.