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AD Ports Strengthens Offshore Wind Push with Spanish Shipyard Acquisition

3 hours ago

Abu Dhabi Ports Group, via its subsidiary SAFEEN Drydocks, has acquired full ownership of Balenciaga Astilleros Shipyard in Spain for a total consideration of $13.1, consolidating the group’s operations in Spain and the Mediterranean and supporting its expansion in the offshore wind sector.SAFEEN Drydocks, part of Noatum Maritime, acquired the Basque-region shipyard, which will be renamed Balenciaga Shipyard…

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