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AD Ports strike joint venture Caspian deal with Kazmortransflot

The new joint venture which is 51% controlled by AD Ports, will tender for a number of “identified projects” with estimated maritime contract values of more than $780m

AD Ports’ latest deal sees the acquisitive Abu Dhabi conglomerate tie up with Kazakh national oil shipping arm to develop services in the Caspian and pool tanker resources with acquisitions on the way

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