#Ports

Abu Dhabi to ‘buy’ stake in key Turkish port: Reuters

ADPorts Group could invest in an entity established by the Turkey Wealth Fund to run the Aegean coast port of Izmir, reports Reuters.

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

Dubai Customs notches up 13% surge in transactions

Dubai’s reputation as one of the top global shipping hubs is further entrenched amid a rise in customs transactions this year.

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

King Abdullah Port

King Abdullah Port announces strategic partnerships boosting maritime offerings

The alliance marks a new chapter in the growth of the port’s maritime services

Dubai maritime authority introduces new decision on transparency of local sea container chaerges Image courtesy WAM

Dubai: Transparency of local sea container charges improves with new rule

The decision outlines five important changes which will help ensure the adoption of global best practices across Dubai’s maritime ecosystem

Republic of the Congo

AD Ports Group to develop Republic of the Congo multipurpose terminal in 30-year agreement

AD Ports will hold exclusive rights to invest in and oversee the development, operation, management and maintenance of the New East Mole 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

Drydock

AD Ports Group to expand Khalifa Port with drydock services

With this expansion, Khalifa Port will expand its range of port and marine logistics services, from container and cargo handling to vessel repairs and maintenance

Dubai Customs processes 25.7 million transactions in 2022

Dubai Customs processes 25.7 million transactions in 2022

Dubai Customs has been active in recycling counterfeit goods with more than 93 recycling operations that targetted 173,000 counterfeit items last year

Fujairah attracts investment in maritime sector

Fujairah attracts investment in maritime sector

The emirate has a strategic location on the country’s east coast and is a key shipping hub

DP World to invest$500m towards reducing co2 emissions

DP World to invest $500m over five years to reduce carbon emissions

DP World’s plans include replacing its global fleet of assets from diesel to electric, investing in renewable power and exploring alternative fuels

King Abdulaziz Port in Dammam breaks container throughput record in June

Saudi’s King Abdulaziz Port breaks container throughput record in June

The new milestone surpassed the previous record set in June 2022 by 11,031 TEUs

Jafza registers 19% trade growth in 2021, generates over Dhs454.7bn

Jafza registers 19% trade growth in 2021, generates over Dhs454.7bn

More than 25 per cent of the new companies registered in the free zone belonged to the retail and general trading segment

DP World Q2 2022 gross container volume growth reported

DP World sees 2.9% rise YoY in gross container volumes in Q2 2002

Growth was driven by a strong performance across DP World’s Asia Pacific, Americas and Australia terminals

Duque free zone launches in Dubai

DUQE free zone launches operations from Dubai’s QE 2 hotel

DUQE has allied with PCFC to offer full integrated support to entrepreneurs to help them set up and expand their business

UAE’s AD Ports to develop and operate terminal in Egypt’s Safaga Port

AD Ports signed an MoU with the Egyptian Group for Multipurpose Terminals, the commercial arm of the Egyptian Ministry of Transportation

DP World

Dubai’s DP World reports 10% volume growth in Q1 2021

DP World Limited handled 18.9 million TEU across its global portfolio of container terminals in the first quarter of this year

Egypt seizes Suez Ship ‘Ever Given’ pending $900m compensation

The Suez Canal Authority has said compensation is needed to cover losses of transit fees

cartlow

Digitising the supply chain key to post-Covid economic recovery

Webb Fontaine using AI to streamline port and customs operations

SAUDI-HEALTH-VIRUS-TRAVEL

Saudi set to announce date for complete lifting of travel restrictions

The kingdom resumed international flights from September 15 in a phased manner

Abu_Dhabi_Skyline

Abu Dhabi mandates international travellers to disclose date of entry into UAE

Residents and visitors are also mandated to adhere to approved quarantine protocols

DP World launches platform to enhance food security, import in Dubai

The platform will help simplify transactions of over 18,000 food-trading companies

Covid-19 impact on GCC trade: How are the regional supply chains faring?

As a key international trading partner, how is the region protecting its supply chain during the current crisis?

UAE’s Ministry of Climate Change and Environment expedites food import services

The move will facilitate a continued food supply in the lead to the month of Ramadan

Revealed: Top 10 companies in the UAE in 2018

The biggest listed companies in the UAE by market capitalisation