Noatum Logisticshas rebranded AD Ports’ freight-forwarding arm Micco Logistics to Noatum Logistics Middle East,according to a statement. Noatum Logistics Middle East will now handle Micco’s operations as the freight forwarder for upwards of 80% of Abu Dhabi’s oil, gas, and petrochemical projects via a 400 vehicle fleet.
What we know: Noatum Logistics Middle East will absorb Micco’s regional clients and stakeholders and leverage Noatum’s scale, agility, experience, portfolio of terminal operations, maritime shipping, and logistics businesses, the statement notes. Clients and stakeholders will benefit from Noatum’s 16 terminals, presence at 67 ports, 143 global offices, and 4.2k professional staff covering operations at 27 countries linked to global markets and trade routes.
Background: AD Ports fully acquired Spanish logistics outfit Noatum in July 2023, with the subsidiary since leading AD Ports Group’s logistics cluster. Noatum has served as a growth vehicle for AD Ports, acquiring Sesé Auto Logistics in October, and APM Terminals Castellón earlier this month. Noatum also inked an agreement with NWTN Motors in October 2023 to develop a logistics hub for electric vehicles in Khalifa Economic Zones Abu Dhabi.