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AD Ports Group buys 80% stake in Global Feeder Shipping for $800mn
3 Nov 2022 12:00 PM ISTGFS’s existing management will remain in place with founders retaining 20% stake.
SAFEEN Feeders, Saif Powertec sign long-term charter agreement
27 Sept 2022 12:07 PM ISTSAFEEN Feeders to invest $101 million to purchase three containerships for leasing out to Saif Powertec.
SAFEEN Feeders, Invictus to own/operate 5 vessels
26 Sept 2022 11:38 AM ISTTotal capital commitment for 5 vessels will be $125mn