Abu Dhabi Ports Company PJSC (ADX:ADPORTS) acquired Alligator Shipping Container Line LLC for AED 34.9 million in end of February 2022. In a related transaction, Abu Dhabi Ports Company PJSC acquired Divetech Marine Engineering Services LLC. The companies contributed to revenue and EBITDA of AED 20 million and AED 3 million in Q1-2022 and are expected to enhance the cluster's growth going forward.

Abu Dhabi Ports Company PJSC (ADX:ADPORTS) completed the acquisition of Alligator Shipping Container Line LLC on February 28, 2022.