AD Ports Group Says Impact On Maritime & Shipping Cluster Expected To Be Limited
Reuters
Mar 04
March 4 (Reuters) - Abu Dhabi Ports Company PJSC :: *AD PORTS GROUP - CONFIRMS BUSINESS CONTINUITY AMID REGIONAL DEVELOPMENTS *AD PORTS GROUP - GROUP EXPECTS INCREASED VOLUMES ACROSS ITS DIVERSIFIED GLOBAL MARITIME NETWORK *AD PORTS GROUP - SHIFTING TRADING ROUTES DUE TO EVOLVING REGIONAL DEVELOPMENTS *AD PORTS GROUP - CURRENTLY WITHIN STRAIT CONTINUE TO OPERATE INTRA- GULF SERVICES *AD PORTS - ACROSS GROUP’S MARITIME & SHIPPING CLUSTER, MAJORITY OF ITS 122 SHIPPING VESSELS, MULTIPURPOSE VESSELS ARE OPERATING OUTSIDE STRAIT OF HORMUZ *AD PORTS GROUP - OVERALL, IMPACT ON MARITIME & SHIPPING CLUSTER IS EXPECTED TO BE LIMITED *AD PORTS GROUP - GROUP’S ECONOMIC CITIES & FREE ZONES AND LOGISTICS CLUSTERS ARE LIKEWISE EXPECTED TO EXPERIENCE LIMITED IMPACT
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