Independent journal on economy and transport policy
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AD Ports makes its first international acquisition gaining control of the Egyptian IACC
In the portfolio of the Cairo company, the shipping company Transmar, the safina maritime agency, the port company TCI and the logistics company IACC Logistics
July 4, 2022
AD Ports Group has announced that in 2021 Transmar has transported volumes of containerized cargo on routes between Medio East, Red Sea, Arabian Gulf and East Africa equal to 109 thousand teu, while the same year TCI has enlivened over 92 thousand teu of containerized goods and 1.2 million tons of other cargo. Together the two Egyptian companies record an annual turnover of 325 million dirhams and an EBITDA of 108 million by dirhams.
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