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AD Ports announces new Acting CEO of Maritime Cluster

AD Ports announces new Acting CEO of Maritime Cluster
AD Ports Group
ADPORTS
-0.69% 5.75 -0.04

Abu Dhabi - Mubasher: AD Ports Group has named Ammar Mubarak Al Shaiba as Acting CEO of its Maritime Cluster, according to a bourse filing on Wednesday.

The new official, who joined AD Ports in 2013, will handle the development of the ADX-listed firm’s marine services as well as shipping operations and assets. This would include the company’s 11 operational units which consist of more than 135 vessels and marine units.

Al Shaiba served as the CEO of Ports Operating Company and Safeen Group, part of AD Ports.

Moreover, he was the Managing Director of both Zayed and Musaffah ports, as well as the Free Port.

During the first half (H1) of 2022, the listed company reported net profits attributable to the owners worth AED 602.69 million, higher than AED 402.70 million in the year-ago period.