#Logistics

AD Ports Group creates Khalifa Port drydocks

UAE’s AD Ports Group, Premier Marine form drydocks JV

The hub will be operated by SAFEEN Drydocks and will be fully equipped to accommodate a range of vessels

AD Ports, Karachi Ports JV

UAE’s AD Ports signs 50-year concession deal with Karachi Port Trust

The expansion and enhancement of Port of Karachi are expected to further cement its position as a key player in the maritime industry

FedEx and Floship Form Commercial Partnership to Deliver What’s Next in E-Commerce Image FedExx

Here’s how FedEx, Floship aim to support e-commerce companies

The companies will look at enhancing operational efficiency through optimal inventory management and delivery solutions for its customers

AD Ports Group, Crystal Offshore deal

AD Ports Group inks 25-year agreement with Crystal Offshore

The new shipyard fabrication facility will cater for drilling rigs and marine assets as well as deep water vessels such as FPSO

https://gulfbusiness.com/wp-content/uploads/2023/03/ADNOC-Gas-IPO.jpg

ADNOC L&S soars over 50% above listing price on ADX

ADNOC L&S expects to increase the annual dividend per share by at least 5 per cent per annum

Amazon Saudi Riyadh Fulfillment Center Inauguration Image credit Amazon

Amazon launches new fulfillment centre in Riyadh

The facility spans 390,000 square feet across five floors – approximately the size of five football fields

Saudi SEZs

New Saudi SEZs attract $12.6bn from maritime, mining, manufacturing, logistics sectors

The Saudi SEZs offer competitive corporate tax rates, exemption from customs duties on imports, production inputs, machinery and raw materials, and 100 per cent foreign ownership of companies

Jeddah Islamic Port is Saudi Arabia’s busiest port

Jeddah Islamic Port’s April container volume surges by 25%

The port’s cargo column saw an addition of 19.33 per cent to the 2022 volume to achieve about 5,261,883 tons

AD Ports Group, Vale to jointly develop low-carbon mega hub for steel industry photo WAM AD Ports

AD Ports Group, Vale to develop low-carbon mega hub for steel industry

Land and related services from KEZAD will be allocated for the ‘Mega Hub’, in addition to the development and management of a high-tech handling facility at Khalifa Port

Port of NEOM open for business photo courtesy NEOM

Saudi Arabia’s Duba Port is now called Port of NEOM

When completed, the port will operate at net carbon zero levels with 100 per cent renewable energy at source

Al Seer Marine invests into Adnoc L and S

Al Seer Marine makes Dhs257m cornerstone investment into ADNOC L&S

Al Seer Marine recently announced a strong revenue profit of Dhs1.11bn for 2022

AD Ports Group Khalifa Port

AD Ports Group’s first-quarter revenue jumps by 73%

The shipping and logistics group’s revenue in the first three months of the year reached Dhs1.81bn from Dhs1.04 a year earlier

Agility logistics park

Kuwait’s Agility reports 20% rise in net profit to KD15.3m for Q1 2023

The company’s EBITDA increased 30 per cent to KD44m, and revenue grew 17 per cent

Chalhoub group to operate centre from Riyadh Integrated

Chalhoub Group to open fulfillment centre at Riyadh Integrated

Set to open in mid-2025, the fulfillment centre located in the kingdom’s first special integrated logistics zone will serve as a flagship centre for the region

Etihad Cargo + Rotate partnership

Etihad Cargo, Rotate to develop sales optimisation solutions

Sales representatives will be able to enhance customer partnerships via customisable smart data accessible through a digital sales tool the carrier is co-developing with Rotate

AD Ports Group strengthens fleet

AD Ports Group bolsters its fleet with Dhs955m investment

The acquisition of the new vessels is part of the company’s expansion strategy that is aimed at broadening its portfolio of services

ADNOC L&S by WAM

ADNOC L&S expands fleet with five very large gas carriers

The carriers have dual-fuel engine technology and use liquified petroleum gas as their primary fuel source

Sheikh Ahmed chairman of DIEZ Photo DIEZ

Dubai’s DIEZ records 42 per cent rise in operating profit

More than 22,000 companies and over 41,000 employees are based in Dubai Integrated Economic Zones

AD Ports Photo WAM

UAE’s AD Ports Group secures $2bn syndicated corporate facility

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

AD Ports completes merger

AD Ports completes merger of KEZAD Communities and Al Eskan Al Jamae

The merger has created Abu Dhabi’s largest integrated staff accommodation company

Berbera Port

DP World expands offering at Berbera Port with new edible oil terminal

The initial phase of the terminal is fully leased to Mzahim Investment, a subsidiary of Essa Al Ghurair Investments of the UAE

DP World Logistics Container

DP World’s investments top $10bn in past decade

The company’s investments in 2022 totalled $320m despite slowing demand for logistics services due to the global economic challenges

logistics sector

Is Saudi Arabia’s logistics sector future-ready?

The kingdom is exercising concerted efforts to infuse a digital-first approach

DP World port operations

Ports operator DP World’s revenues surge to $17.1m in 2022

The logistics firm said the broadening of strategic partnerships and monetisations of its assets in 2022 strengthened its balance sheet

AD Ports form new venture with Uzbekistan company Image courtesy Ad Ports Group media centre

AD Ports Group to drive presence in Uzbekistan logistics market via JV

AD Ports said the venture will offer a range of digital solutions to boost service integration and efficiency in Uzbekistan’s logistics market

Dubai South courtesy twitter

Dubai South, dnata to enable enhanced connectivity at cargo handling terminals

The collaboration will see the integration of Masary, an e-gate pass system by Dubai South, with dnata’s Appointment & Dock Management system

Saudi’s Mawani, Jeddah Chamber to jointly build $267m integrated logistics park

Mawani said the logistics park is expected to further boost its role as a key player in the national transportation ecosystem

Starlinks

Starlinks to launch SAR100m hybrid logistics facility in Riyadh

Located in Agility Logistics Park, the facility is equipped with over 250 autonomous robots

Etihad Cargo crosses operational performance benchmarks

Etihad Cargo crosses operational performance targets in 2022

Etihad Cargo maintained a delivered-as-promised rate of 86.6 per cent, a 2.6 per cent improvement compared to the previous year

Saudi Omani conference Photo courtesy saudi press agency SPA

Saudi Arabia, Oman sign 13 investment agreements, value exceeds SAR1bn

The agreements were signed at the Saudi-Omani Investment Forum being held in Riyadh