#Logistics

Saudi’s Mawani inks four contracts worth SAR1bn

Saudi Arabia’s Mawani signs four contracts worth SAR1bn

The authority signed the contracts with Zamil Marine Services and Naghi Marine Company to provide diverse maritime services

DP World to move headquarters to Expo City Dubai

DP World to relocate global head office to Expo City Dubai

The new head office provides a platform for clients and partners to engage with the port operator’s entire portfolio

DP World, IRENA sign agreement to decarbonise ports and maritime and logistics sector Image WAM

Dubai’s DP World, IRENA to decarbonise ports, maritime, logistics sectors

DP World has committed to becoming carbon neutral by 2040 and net zero carbon by 2050

Aramex opens advanced cargo delivery centre in Oman

Oman: Aramex opens new advanced courier operation facility

Featuring the latest sorting and processing technology to ensure precision, the new facility is equipped with non-stop CCTV surveillance, improved access control, and strict security protocols

ADNOC L&S nine-month net profit up 162%

ADNOC L&S nine-month net profit up 162%, announces interim dividend

The company’s board of directors approved an interim cash dividend of $65m (Dhs239m) for Q2 2023, equivalent to 3.2 fils per share

Ad Ports Group acquires 10 offshore vessels for $200m HQ-e1680508778804

Abu Dhabi: AD Ports Group purchases 10 offshore vessels to bolster regional operations

AD Ports’ acquisition signifies an increase of around 20 per cent in offshore and subsea capacity for the group, boosting Middle East and Southeast Asia operations

NEOM

Saudi’s NEOM sets up $10bn JV with Denmark’s DSV

The JV is expected to create more than 20,000 work opportunities

DP World has signed a 30-year concession agreement with the Tanzania Ports Authority (TPA) to operate and modernise the multi-purpose Dar es Salaam Port Image WAM

DP World signs 30-year concession to operate multi-purpose Dar Es Salaam Port

DP World will initially invest more than $250m to upgrade the port and the investment could increase to $1bn during the concession period

UAE’s DP World issues $1.5bn green sukuk

UAE’s DP World raises $1.5bn with green sukuk

The proceeds from the sukuk issuance will be used to fund eligible green projects in line with the company’s recently published sustainable finance framework

DHL acquires remaining shares in Danzas AEI Emirates image DHL

DHL to acquire remaining shares in Danzas AEI Emirates

Danzas AEI Emirates to be fully integrated into DHL Global Forwarding network and to re-brand to the DHL brand

AD Ports Group’s Noatum buys Sesé Auto Logistics

AD Ports Group’s Noatum acquires Sesé Auto Logistics

The deal implies an enterprise value to EBITDA ratio of around 3.5x based on the company’s last twelve months performance to August 2023

Interview with Tarek Sultan of Agility

Interview: Agility’s Tarek Sultan on the company’s expansion strategy and sustainability goals

The vice chairman of Agility shines the spotlight on the company’s growth and sustainability strategies, and how the company is supporting SMEs and fair trade

DP World invested $6bn to become supply chain behemoth

Dubai’s DP World invested $6bn to become supply chain giant

The state-owned firm has undertaken substantial investments spanning multiple countries across the globe

ISCD Index 2023 Dubai ranks among top maritime hubs globally Image Dubai Media Office

Dubai retains spot among top five global maritime centres: ISCD Index

Dubai is the only Arab city on the Index that features 20 of the world’s most prominent international maritime centres

COP28 appoints Kuehne+Nagel as freight forwarding and logistics partner Image Kuehne + Nagel

COP28 appoints Kuehne+Nagel as freight forwarding, logistics partner

 At Expo City Dubai, Kuehne+Nagel will be the sole ground handler for all logistics activities on-site, like building country pavillions and stages for panel discussions

Fertiglobe, AD Ports to explore supply chain opportunities

Fertiglobe, AD Ports partner to explore supply chain opportunities

The two entities agreed to leverage AD Ports’ cargo handling and storage infrastructure to advance urea and ammonia storage and shipping capabilities

Saudi Arabia SPARK logistics zone to open in 2024 Image SPARK

Saudi Arabia: King Salman Energy Park’s Logistics Zone to begin operations in 2024

The zone will be operated by SPARK Logistics, a JV between SPARK and Hutchison Ports and will handle ten million metric tonnes of cargo

DP World and Türkiye's Evyap Group sign partnership_Image WAM DP World

DP World acquires 58% equity stake in Turkey’s Evyap Port

The partnership will aim to enhance supply chain solutions in Turkey

Saudi Arabia esports

Saudi Arabia unveils master plan for logistics centres

The kingdom will build 59 logistics centres with a total area of more than 100 million square meters

DP World BOT agreement with Indian governement Image-by-WAM

DP World to invest $510m to develop mega-container terminal in this country

DP World currently operates five container terminals in India – two in Mumbai, one each in Mundra, Cochin and Chennai

AD Ports Group Q2 revenue surges by 66% to Dhs2.1bn

AD Ports Group Q2 revenue surges by 66% to Dhs2.1bn

The group’s net profit increased by 3 per cent year-on-year to Dhs310m in Q2 2023

Kuwait’s Agility posts KWD14.2m in Q2 profit

Kuwait’s Agility posts KWD14.2m in Q2 2023 profit

The company’s profit in the first six months to June 30 rose by 2.3 per cent to KWD29.4m

Sahem Azzam on reimagining supply chain

How technology can unlock the full potential of supply chain

Smart technologies can unlock the potential data dividend in every link in the supply chain

Sustainability

How sustainability is gaining importance in logistics services

Sustainability and supply chain resiliency are expected to reshape the global business environment

AD Ports Food Hub Image Image Ad Ports

How AD Ports’ logistics cluster is supporting global trade

Qusai Kankazar, chief operations officer of AD Ports’ Logistics Cluster, tells us how the group is growing its global presence while bolstering its regional operations

warehousing technology

How technology is transforming the world of warehousing

Robotics automation can digitalise workflows and improve human productivity

supply chains

How artificial intelligence is helping deliver smarter supply chains

Taarek Hinedi, vice president of FedEx Express Middle East and Africa operations, showcases why the company is a pioneer in express transportation

Oman and Etihad Rail Company and Jindal sign MoU

Oman and Etihad Rail Company, Jindal to set up sustainable logistics solution

An anticipated annual capacity of up to 4 million tonnes of Jindal’s materials and products will be transported via the Oman-UAE rail network

Etihad Cargo Wallenborn partnership Image Etihad cargo

Etihad Cargo expands European road feeder services to 90 airports

Etihad Cargo has partnered with Wallenborn Transports, offering seamless connectivity between its European gateways and Wallenborn’s network of airports in 27 countries

AD Ports Group completes acquisition of Noatum

AD Ports Group completes acquisition of Spain’s Noatum

The landmark deal brings together two major industry players to form a global powerhouse in the trade and logistics industry