Terminals company Abu Dhabi Ports (ADP) has made an entry into the bulker sector through a ship purchase closed via video conference during the coronavirus pandemic.
Global law firm HFW said it set up the virtual meeting to complete the United Arab Emirates company's purchase of the 101,600-dwt Greek vessel Niki (built 2006).
Participants logged in from 11 different locations in Greece and Abu Dhabi, and all documents were signed electronically, and then presented and exchanged by video and email, it added.
