#Logistics

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

AD Ports Group

AD Ports Group signs MoU with Türkiye’s Tosyalı

The agreement will enable collaboration across shipping, logistics, freight forwarding and port management

Aqaba cruise terminal inauguratedAqaba cruise terminal inaugurated - AD Ports Group to operate and manage it

AD Ports Group, Aqaba Development Corporation inaugurate Aqaba Cruise Terminal

The new terminal marks the launch of the first of five strategic mega projects planned between AD Ports Group and Aqaba Development Corporation

Maersk

Dubai’s DP World and Maersk enter long-term partnership at Jebel Ali port

Maersk will deploy two of its solutions for customers moving their cargo through Jebel Ali

Alibaba

Alibaba plans logistics hub at Istanbul airport, data centre near Ankara

Expanding commerce and cloud-based units are expected to lift the company’s revenue

AD Ports Group reports strong growth in 2022

AD Ports Group reports strong growth, global expansion in first year as publicly listed entity

Throughout 2022, AD Ports Group has continued to build its global presence, signing agreements with port authorities and partners globally

AD Ports Group inks deals with Kazakh National Oil Company subsidiary

AD Ports Group inks deals with Kazakh National Oil Company subsidiary

The new joint venture will provide offshore services as well as crude transportation for energy companies operating in the Caspian Sea and the Black Sea

DP World, Hassana announce $2.4bn investment in UAE

DP World, Hassana announce $2.4bn investment in UAE

Hassana will hold its economic interest in a stake of approximately 10.2 per cent in three UAE assets of DP World

Yango Delivery launches in UAE to boost e-commerce sector

The company claims to offer traffic-proof and cost-effective deliveries at different speeds, from express to next day, for any goods from food to furniture

Africa

AD Ports Group, Africa Finance Corporation ink deal

The two organisations aim on identifying, developing and investing in ports, warehouses, maritime and logistics infrastructure projects across Africa

Ad Ports Transmar Pakistan

UAE’s AD Ports Group, Transmar launch new Pakistan service

The new container shipping service links Karachi with the region’s major ports within UAE, Saudia Arabia, Egypt, Jordan, Sudan and Djibouti

AD Ports Group signs agreements with Kyrgyzstan to promote trade

Abu Dhabi Ports Group acquires Spain’s Noatum in Dhs2.5bn deal

Subject to regulatory approvals, the transaction is expected to close in the first half of 2023