The CEO for Europe Middle East & Africa (EMEA) tells us that the company is fostering its operations and logistics networks throughout the GCC region while leveraging its strategic partnerships
Maersk’s fuel costs on the affected routes between Asia and Europe are now 40 per cent higher per journey
The tensions in the region have led to a sharp drop in commercial vessel voyages through the Red Sea and Gulf of Aden
The Red Sea crisis has put plans of some operators to replace aging fleets with newer more fuel-efficient ships on the backburner.
Yemen’s Houthis have staged attacks on shipping in the Red Sea region for months in solidarity with Palestinians in Gaza
The agreement aims to stimulate trade connectivity and strengthen economic partnership between the UAE and Iraq
One of Agility’s subsidiaries is Menzies Aviation, which is the world’s largest aviation services company, reported substantial revenue and EBITDA growth
The logistics major will remain the majority shareholder in its subsidiary following the listing, with a 51 per cent stake
The rail developer said BEEAH Tandeef will apply circularity principles when recycling certain waste, converting it into fertiliser for local agricultural use
The platform will furnish an analytical overview of air cargo movements within, to and from the UAE
The port offers direct rail links to Turkey, Georgian ports, and ultimately Black Sea ports in Bulgaria and Romania. Additionally, it has eastward connections to Caspian Sea ports via Azerbaijan
Habben Jansen said the Red Sea crisis had rather enforced route changes
Blacklane’s chauffeur service achieves gender equality with an impressive 50 per cent female chauffeurs within one year of service
From impacting the cost of freight to the cost of energy, tensions in the Red Sea are having a direct impact on global trade
The Red Sea tensions have spurred cargo delivery disruptions and soaked up excess vessel capacity, raising global shipping costs
The Rubymar went down in the southern Red Sea late on Friday or early on Saturday
In 2023, DP World’s Jebel Ali Port handled over 4.35 million tonnes of breakbulk cargo, adding to the 40 million tonnes handled over the last decade for local and international clients
The initiative aims to decarbonise Abu Dhabi’s entire road freight transport by 30 per cent by 2030
Agri Terminals will be Dubai’s largest multi-tenant facility for integrated agricultural processing and silo storage
The 57,000-square-metre facility incorporates advanced technologies that include automated sort systems to enhance the efficiency
The crew abandoned the ship early on Monday after seeking assistance from Djibouti authorities
Revenue growth was driven by the Maritime & Shipping (M&S), Ports, Logistics, and Digital Clusters, with M&S contributing the most
The new service marks the 19th shipping route launched globally by the company since October 2022
While Aramex’s international express unit witnessed remarkable growth in shipment volumes and revenue, other business segments experienced softer performance
The developer will take a majority stake in a co-investment platform, which includes a portfolio of 14 warehouses in the UK
The solution is expected to be a great addition to Maqta Gateway’s in-house single window offering for ports’ digitalisation
The acquisition strengthens Ghitha’s logistics and aviation, cementing its leadership in the regional food trading sector
Karachi Gateway Terminal Multipurpose, a joint venture between AD Ports and Kaheel Terminal, will take over East Wharf’s existing operations as part of the deal
While the situation remains volatile and subject to change, the newly-released data is best indication of where the market is headed
The nomenclature ‘7X’ represents seamless connectivity of the seven emirates to the seven continents and across the seven seas