The acquisition of the new vessels is part of the company’s expansion strategy that is aimed at broadening its portfolio of services
The carriers have dual-fuel engine technology and use liquified petroleum gas as their primary fuel source
More than 22,000 companies and over 41,000 employees are based in Dubai Integrated Economic Zones
The multi-currency facility, equivalent to around $2bn, includes three tranches amounting to EUR600m, $620m, and Dhs2,863m with a tenure of up to 2.5 years
The merger has created Abu Dhabi’s largest integrated staff accommodation company
The initial phase of the terminal is fully leased to Mzahim Investment, a subsidiary of Essa Al Ghurair Investments of the UAE
The company’s investments in 2022 totalled $320m despite slowing demand for logistics services due to the global economic challenges
The kingdom is exercising concerted efforts to infuse a digital-first approach
The logistics firm said the broadening of strategic partnerships and monetisations of its assets in 2022 strengthened its balance sheet
AD Ports said the venture will offer a range of digital solutions to boost service integration and efficiency in Uzbekistan’s logistics market
The collaboration will see the integration of Masary, an e-gate pass system by Dubai South, with dnata’s Appointment & Dock Management system
Mawani said the logistics park is expected to further boost its role as a key player in the national transportation ecosystem
Located in Agility Logistics Park, the facility is equipped with over 250 autonomous robots
Etihad Cargo maintained a delivered-as-promised rate of 86.6 per cent, a 2.6 per cent improvement compared to the previous year
The agreements were signed at the Saudi-Omani Investment Forum being held in Riyadh
The agreement will enable collaboration across shipping, logistics, freight forwarding and port management
The new terminal marks the launch of the first of five strategic mega projects planned between AD Ports Group and Aqaba Development Corporation
Maersk will deploy two of its solutions for customers moving their cargo through Jebel Ali
Expanding commerce and cloud-based units are expected to lift the company’s revenue
Throughout 2022, AD Ports Group has continued to build its global presence, signing agreements with port authorities and partners globally
The new joint venture will provide offshore services as well as crude transportation for energy companies operating in the Caspian Sea and the Black Sea
Hassana will hold its economic interest in a stake of approximately 10.2 per cent in three UAE assets of DP World
The company claims to offer traffic-proof and cost-effective deliveries at different speeds, from express to next day, for any goods from food to furniture
The two organisations aim on identifying, developing and investing in ports, warehouses, maritime and logistics infrastructure projects across Africa
The new container shipping service links Karachi with the region’s major ports within UAE, Saudia Arabia, Egypt, Jordan, Sudan and Djibouti
Subject to regulatory approvals, the transaction is expected to close in the first half of 2023
The tankers will be LNG ready and are being designed to be ready to adapt to new fuels such as ammonia and methanol
In Q3, Agility controlled businesses reported EBITDA of KD47m and revenue of KD256.3m
According to the survey, the other challenges that freight forwarders are currently experiencing include rising and unpredictable freight rates
Amazon employs hundreds of thousands of workers, whose dexterity and intuition currently let them pick and pack items more quickly and more reliably than existing machines