#Logistics

AD Ports Group refinances, upsizes revolving credit facility to $2.125bn

AD Ports Group refinances, upsizes revolving credit facility to $2.125bn

As a result of this increased demand, AD Ports Group has expanded its banking pool from nine to 18 financial institutions

DP World begins dredging work at Sengal's Port of Ndayane

DP World begins dredging work at Sengal’s Port of Ndayane

The port is expected to boost Senegal’s GDP by 3 per cent, increasing trade flows and potentially adding $15 bn in trade value by 2035

Crown Prince of Abu Dhabi Khaled bin Mohamed bin Zayed inaugurates CMA Terminals Khalifa Port image courtesy wam

Abu Dhabi Crown Prince inaugurates CMA Terminals Khalifa Port

With the addition of CMA Terminals Khalifa Port, the facility’s annual container capacity has surged by 23 per cent, bringing the total to almost 10 million TEUs

dnata Logistics expands footprint with $27m facility in Dubai South

UAE’s dnata Logistics expands footprint with $27m facility in Dubai South

The construction of the warehouse is underway, with completion scheduled for November 2025

Mubadala prepares for sale of Brazil’s Porto Sudeste, Mina Gerais iron-ore mines

Mubadala to sale Brazil’s Porto Sudeste, Mina Gerais iron-ore mines

The Abu Dhabi state investor and the trading company completed their acquisition of Porto Sudeste in early 2014

AD Ports group reports Q3 and Jan to Sept perfromance highlights Image courtesy AD Ports Group

AD Ports Group marks Q3 performance with net profit of Dhs445m

AD Ports Group reported a revenue of Dhs4.66bn, up 10 per cent year-on-year, for the third quarter of the year

AD Ports group and Pakistan sign MOUs Image WAM

AD Ports Group, Pakistan ink MoUs to enhance transport, logistics sectors

AD Ports Group’s focus on integrating cutting-edge technologies, including artificial intelligence and data analytics, will be critical in the optimsation of Pakistan’s logistics operations

EasyLease Acquires Majority Stake in Gallega Global Logistics

IHC’s EasyLease acquires majority stake in Gallega Global Logistics

Gallega Global Logistics is known for its supply chain solutions across sectors such as automotive, industrial, FMCG, healthcare, and retail

Dubai’s Emirates SkyCargo orders more Boeing 777F freighters

Dubai’s Emirates SkyCargo orders more Boeing 777F freighters

The order for more of the current-generation freighters emerged amid tensions between Emirates and Boeing over separate delivery delays of 777X

DP World going ahead with $1.3Bbn UK port investment

DP World going ahead with $1.3bn UK port investment

The investment would add two more berths, increasing capacity by 50 per cent and bringing DP World’s total employment there to 1,600

UAE-Oman Hafeet Rail secures $1.5bn financing facility

UAE-Oman Hafeet Rail secures $1.5bn financing facility

The network will accommodate passenger trains, each capable of carrying up to 400 passengers at a speed of 200 km/hour

Maqta gateway and presight AI to bolster trade and logistics -image-for-illustrative-purposes-Photo-courtesy-WAM

Maqta Gateway, Presight to bolster trade, logistics with AI

The partnership will focus on developing and commercialising AI and data analytics solutions for the trade of goods in the maritime sector

Dubai Maritime City upgrades double ship handling capacity

Dubai Maritime City upgrades double ship handling capacity

Dubai Maritime City’s ship handling capacity more than doubled from 400 to 1,000 vessels per year

Menzies sets up cargo facility in Africa at MPM

Menzies Aviation expands presence in Africa with new cargo facility

Menzies Aviation has been operating at Maputo Airport since 2018, offering services like lounge management and ground handling

AD Ports Group refinances $Dhs2.5bn debt -Image-WAM

AD Ports Group refinances $2.25bn debt, cuts borrowing costs

The new facilities will give the group the flexibility to time its return to the debt capital markets in line with its stated strategy to utilise bonds as the predominant long-term funding vehicle

Dubai ranks among top 5 in global shipping index for 5th consecutive year

Dubai ranks among top 5 in global shipping index for fifth year

Dubai is the only Arab city among the top 20 listed in the 2024 International Shipping Centre Development Index

Etihad Rail, Trojan General Contracting seal haulage services deal

Etihad Rail, Trojan General Contracting seal haulage services deal

The rail operator will transport aggregates from Trojan’s quarries in Ras Al Khaimah and Fujairah to the Industrial City of Abu Dhabi and Dubai Industrial City

Ad Ports signs crane contracts with ZPMC image AD Ports Group

AD Ports awards crane contracts worth Dhs420m for Africa operations

The equipment will be deployed at its terminal projects in Pointe Noire, Republic of the Congo, and Luanda, Angola

Emaar The Economic City unveils SAR8.7bn COP, focuses on transformation

Emaar The Economic City unveils SAR8.7bn COP, focuses on transformation

The plan, developed based on extensive assessment and analysis, aims to provide a comprehensive solution to stabilise the company’s financial and operational platforms

WHy mastering end-to-end supply chains matters Image_GettyImages-1304027960 for illustrative purposes

Insights: Why mastering end-to-end supply chains matters

Mastering end-to-end networks is not a luxury, but a necessity for a stable and resilient global economy

AD Ports Group’s Noatum unveils new rail logistics solution

AD Ports Group’s Noatum unveils new rail logistics solution

The logistics firm plans to expand the service by increasing the number of weekly departures between Khalifa Port and Fujairah Terminals, depending on demand

AD Ports ranks among global top 20 port operators, reveals survey

AD Ports Group ranks among global top 20 port operators, reveals survey

The ranking is based on container throughput, an industry metric, with AD Ports Group reporting a 13 per cent YoY rise to 4.91 million TEUs in 2023

top indians

Most influential Indians in the region 2024

We profile some of the most iconic Indian business titans based in the Gulf, highlighting their journeys and achievements

BII to invest $35m in DRC port

UK’s BII invests $35m in Congo port project, boosts DP World tie-up

With a draft of 17.5 metres, the port will be capable of receiving large container vessels, ultimately reducing trade costs in the DRC by 12 per cent

Agility posts-Q3-2022-profit - July 16, 2022: HH Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates meets with Joe Biden, President of the US, during the Jeddah Security and Development Summit. Image: WAM

Agility Global reports Q2 net profit of $30m, growth across divisions

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

AD Ports Group completes acquisition of Tbilisi Dry Port, takes 60% stake

AD Ports completes acquisition of Tbilisi Dry Port, owns 60% stake

The state-of-the-art, rail-linked, and custom-bonded intermodal logistics hub in Georgia is scheduled to begin operations in October

Etihad Rail launches sustainable finance framework

Etihad Rail unveils sustainable finance framework in green push

The sustainable finance framework was developed in collaboration with First Abu Dhabi Bank and Standard Chartered Bank

AD Ports X

AD Ports Q2 net profit surges 42% to Dhs439m

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

Yilport to invest $1.6bn in El Salvador ports

Turkey’s Yilport plans to invest $1.6bn in El Salvador ports

The new agreement will establish what is known as a “mixed-economy corporation,” which is not subject to the legal limit

LME approves Jeddah Port as warehouse delivery point

LME approves Saudi Arabia’s Jeddah Port as warehouse delivery point

The listing will become active three months after the first warehouse company has been approved in the new location