
AD Ports Group increases stake in Global Feeder Shipping
Reflecting ongoing commitment to a strategic diversification strategy, AD Ports Group has acquired an additional 30% equity stake, valued at AED 1.1 billion (US$ 300 million), in Global Feeder Shipping (GFS). This raises its holding in the company to 81%.
In February 2024, AD Ports Group acquired a 51% stake in Dubai-based GFS, the world’s fourth-largest container feeder shipping line by capacity, with a call option to increase its ownership by December 2026. The Group has now exercised this call option, with the acquisition being funded through a mix of debt and asset monetisation transactions.
AD Ports Group’s container feeder shipping business has grown rapidly since its initial launch in 2020, and GFS is now one of the Group’s most strategically significant assets.
Through a sustained period of maritime disruption, GFS has maintained and expanded trade connectivity where other operators withdrew, ensuring the uninterrupted flow of cargo for customers across the GCC region serving the Indian Subcontinent, Red Sea, Far East, Mediterranean and Africa regions.
Captain Mohamed Juma Al Shamisi, Managing Director & Group CEO of AD Ports Group, said: “GFS has expanded our reach into new markets and brought us closer to our customers, connecting our ports to more economies across the Red Sea and the Gulf at a time when reliable trade connectivity matters most. Our increased ownership in GFS allows us to deepen its integration within the Group’s portfolio and enables further growth across our shipping business.”
In 2025, GFS transported 2.8 million TEU and made more than 700 voyages covering 89 ports in 54 countries. Alongside SAFEEN Feeders and Transmar, GFS forms the core of AD Ports Group’s container feeder shipping business.
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