AD Ports Sees New Opportunities in Black Sea Market
Barely a month after DP World sold its stake in Ukraine’s Black Sea port of Pivdennyi, another UAE-based operator, AD Ports, has entered the region through an investment partnership in Romania. AD Ports this week announced that it has signed an agreement with the National Company Maritime Ports Administration SA, the administrator of the Port of Constanta in Romania. The agreement effectively opens the door for AD Ports to pursue development opportunities in the Black Sea’s largest port. The expansion...
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