Tag: Shipping
DP World set to obtain 60% stake in South Korea’s UNICO
Dubai-based provider of worldwide smart end-to-end supply chain logistics, DP World, will acquire agreed to acquire a 60 percent stake in UNICO Logistics Co....
UAE’s new ‘Abu Dhabi Maritime’ unit launched
The UAE's Department of Municipalities and Transport (DMT) has created a new organization, the Abu Dhabi Maritime which is expected to solidify Abu Dhabi’s...
Qatar’s Nakilat’s net profits rise 16% in H1 2020
Qatar-based shipping and maritime company Nakilat reported a 16% year-on-year jump in net profit to $151 million in the first half (H1) of this...
10.6% rise in retail, e-commerce firms witnessed by Jebel Ali Free...
Despite the sudden challenges faced by both regional and global economies, the Jebel Ali Free Zone (Jafza) recorded 10.6 percent growth in the retail...
ADT embraces MSC and 2M ‘JADE’ service to enhance global shipping...
The managers and operators of Khalifa Port Container Terminal, Abu Dhabi Terminals (ADT) welcomed JADE mainline service to its growing network. The JADE service...
Oman allies with OPEC to become a major regional logistics hub
The OPEC Fund for International Development (OFID) and the Sultanate of Oman has entered into a new strategic partnership to further accelerate development in...
Etihad Credit Insurance has a new board after a cabinet backed...
UAE’s Federal Export Credit Company, Etihad Credit Insurance will have a mandated restructured board of directors after the UAE Cabinet's Resolution No. 9/8 for...
Abu Dhabi Ports’ Safeen Feeders will improve UAE’s import options
Abu Dhabi Ports Co. is preparing to launch a new shipping company this month that could benefit the United Arab Emirates to avoid interruptions...
