Safina, a key player in the Egyptian maritime industry, offers comprehensive agency services and maritime logistics to shippers, serving the metals, minerals, and fertilisers sectors
Agility subsidiary Menzies, the world’s largest aviation services provider by number of countries, reported $91m in Q2 EBITDA, marking a 27.6 per cent YoY rise
Revenue for the period ending June 30, increased by 3.3 per cent to $9.34bn, driven primarily by strong growth in its Ports and Terminals segment
The state-of-the-art, rail-linked, and custom-bonded intermodal logistics hub in Georgia is scheduled to begin operations in October
The sustainable finance framework was developed in collaboration with First Abu Dhabi Bank and Standard Chartered Bank
AD Ports Group’s revenue more than doubled YoY to Dhs4.18bn in Q2, with the number touching Dhs8.06bn for H1, a 108 per cent YoY increase
The new agreement will establish what is known as a “mixed-economy corporation,” which is not subject to the legal limit
Izmir Port, part of the the Turkish Wealth Fund portfolio, is among the largest ports in Turkey in terms of container volume
Mubadala and Trafigura are looking to sell the port terminal Porto Sudeste, in Rio de Janeiro state, say reports
The listing will become active three months after the first warehouse company has been approved in the new location
In H1 2024, the company achieved a 6 per cent YoY growth in revenues to SAR5.03bn
The Suez Canal, is a key source of foreign currency for Egypt, and authorities have been trying to boost its revenues in recent years
The departure means state-owned Deutsche Bahn needs to lower its sights on proceeds because Bahri’s offer was the highest
Red Sea shipping disruptions having a ‘cascading impact’ said the shipping giant
The planned logistics hub aligns with the Dubai Economic Agenda (D33), which aims to double the size of the emirate’s economy to $8.7tn, by 2033
The partnership aims to attract shipping companies to establish additional maritime routes and encourage cooperation through slot exchanges and vessel space purchases
The vice president of FedEx MEA Operations discusses the company’s strategic initiatives, including the new FedEx hub at Dubai World Central
The longer route around the Cape of Good Hope, to avoid attacks by Yemen’s Houthis in the Red Sea, has pushed up shipping costs as well as emissions
Asya Energy is the first LNG tanker to sail through the Strait since January, when LNG voyages through the Red Sea were first suspended
International naval forces have been deployed to provide defensive support for ships sailing through the Red Sea, but the attacks have increased significantly
Banks should invest in robust SCF solutions that offer comprehensive features for automating end-to-end factoring processes from uploading of invoices to settlement
The Red Sea crisis has disrupted global shipping by forcing vessels to avoid the nearby Suez Canal and reroute trade around Africa
The container terminal has an annual container capacity of 1 million TEUs
An agreement with the final buyer should be in place this year, with the sale scheduled to be completed in 2025
Maalexi’s digital platform allows thousands of UAE-based SMEs to procure food and agricultural products more safely, quickly and cost-effectively
The chemical compound is a promising alternative to fossil fuels in industries where decarbonisation is challenging
The groundbreaking follows on the heels of DP World opening freight forwarding offices in Dammam, Jeddah and Riyadh
The new entity will serve as a port and liner agency, offering a comprehensive suite of maritime services tailored to meet the diverse needs of clients
The partnership between AD Ports Group and the Chittagong Port Authority is poised to further strengthen economic cooperation
The enhancements will enable the handling of a wider variety of vessels from traditional dhows to Ro-Ro, bulk and container carriers