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Arab Bridge Marine reports record $40 million profit
Arab Bridge Marine reported record-breaking financial results for the first nine months of 2026, with profits exceeding $40 million. This marks the highest performance level in the company’s history since its founding. The company also saw a 15% increase in the number of transported trucks alongside steady growth in passenger numbers.
During the 88th General Assembly meeting, attended by transport ministers from Egypt, Jordan, and Iraq, General Manager Adnan al-Abadleh announced significant fleet expansions. The company has added the passenger and cargo vessel ‘Al-Jisr’ and the high-speed boat ‘Ashur’ to its fleet. An additional vessel capable of carrying 110 trucks and 253 passengers is also being integrated, bringing the total fleet to 11 maritime units.
These developments support a strategy to modernize the fleet, enter new markets, and diversify income streams. The company is preparing to launch new maritime routes, most notably the Safaga–Duba line connecting Egypt and Saudi Arabia, to enhance its presence in the Red Sea shipping market.
Entities
Adnan al-Abadleh · Arab Bridge Marine · Kamal al-Wazir · Nidal Al-Qatamin