AD Ports raises GFS stake to 81%

Abu Dhabi group strengthens control of feeder shipping business after Dh1.1 billion deal Dubai: AD Ports Group has acquired an additional 30% stake in Global Feeder Shipping for Dh1.1 billion, raising its ownership in the Dubai-based container feeder shipping company to 81% as it moves to strengthen control over one of its key maritime assets. The …