Advanced Shipbuilding & Repair Facility to Further Offshore Wind Ambitions
Abu Dhabi, UAE – 20 January 2026: AD Ports Group (ADX: ADPORTS), a leading global enabler of integrated trade, industry and logistics solutions, today announced that its subsidiary SAFEEN Drydocks, part of Noatum Maritime, has acquired 100% ownership of Balenciaga Astilleros Shipyard, one of Spain’s most established and technologically advanced shipbuilding and repair facilities, for a total consideration of EUR 11.2 million. The transaction further consolidates AD Ports Group’s operations in Spain and in the Mediterranean region and complements its growing operations in the offshore wind sector.
Located in the Basque region, the shipyard, which will be known as Balenciaga Shipyard going forward, brings almost a century of shipbuilding expertise and state-of-the-art infrastructure, including two drydocks, a 105-metre slipway, and a factory equipped with advanced automation and fabrication technologies spanning 22,385m², complemented by a 3,530m² cutting and manufacturing facility. The shipyard is recognised as a leader in structural prefabrication of large modules for offshore projects, and in the construction of complex vessels. It is one of very few shipyards in Spain specialising in the construction of advanced Service Operation Vessels (SOVs) which serve as floating bases for offshore wind farms, as well as research vessels, offshore support vessels, and specialised tugs. (....)