AD Ports Group’s Safeen Feeders and Saif Powertec Limited have signed a charter agreement that will see Safeen Feeders purchase and charter out three containerships, to support expansion of the Bangladesh-based entity into the container shipping segment.
AD Ports Group’s Safeen Feeders will collaborate with shipping leader CMA CGM Group, a global player in sea, land, air and logistics solutions, in launching a new Southeast Asia service linking Singapore, Colombo and Chennai.