Dubai, UAE — AD Ports Group reported a record quarterly performance for the second quarter of 2026, with net profit surging 88 percent year on year to AED836 million ($228 million), as the group expanded alternative trade routes amid disruptions around the Strait of Hormuz.
Revenue rose 47 percent to AED7.08 billion ($1.93 billion), while EBITDA increased 49 percent to AED1.74 billion ($474 million). The EBITDA margin stood at 24.5 percent, compared with 24.2 percent in the year-earlier period.
Alternative trade routes
The group said it continued to scale up alternative multimodal trade routes and operations across the UAE under the UAE’s National Programme to Strengthen Supply Chain Resilience.
Since March, AD Ports has rerouted cargo operations and feeder services to Fujairah Terminals and Khor Fakkan Port, outside the Strait of Hormuz on the Gulf of Oman. It also deployed new land and air bridges and added warehousing and storage capacity.
The group operated 27 container vessels and five bulk vessels across alternative shipping corridors during the quarter, connecting the UAE with ports in India, Pakistan, Oman, the Red Sea and the Upper Arabian Gulf.
Logistics capacity expanded
AD Ports also established alternative overland trade corridors linking Fujairah Terminals and Khor Fakkan with Khalifa Port, Jebel Ali Port and Sharjah through bonded customs transit across the UAE.
The group added 400 trucks during the quarter and increased rail service frequency with Etihad Rail.
For critical commodities including food and pharmaceuticals, AD Ports introduced additional air cargo solutions, with six chartered aircraft deployed to date.
Warehousing and storage capacity has expanded to more than 54,000 square metres, with further dedicated capacity planned by year-end. The group has also procured additional refrigerated and dry containers.
Shipping, free zones drive growth
AD Ports said its Maritime & Shipping, Economic Cities & Free Zones, and Logistics Clusters businesses all contributed to the quarterly performance.
Economic Cities & Free Zones benefited from steady gains and proceeds from strategic asset sales, while Maritime & Shipping recorded strong growth from increased capacity and higher rates.
Logistics also performed strongly as the group developed alternative overland, air and logistics solutions for customers facing regional supply-chain disruptions.
CEO hails record performance
Captain Mohamed Juma Al Shamisi, managing director and group CEO of AD Ports Group, said the company delivered a record financial performance despite what he described as perhaps the most significant challenge in its 20-year history.
He said the group’s landlord port business model, diversified trade routes through the UAE’s east coast and growing international port presence in Spain, Pakistan, Egypt and Angola helped mitigate regional disruptions.
Al Shamisi said AD Ports would continue to focus on resilience, operational excellence and disciplined growth to deliver long-term shareholder value.
