Unifeeder Group has signed a long-term time-charter agreement for two new methanol-capable container feeder vessels and has an option for two additional similar vessels. German-based ship-owning group Elbdeich Reederei will build and manage the 1250 twenty-foot equivalent unit (TEU) vessels, which will be delivered in 2026. Unifeeder Group plans to deploy the new vessels on its European network, where the new ships will significantly contribute to lowering the network’s emissions. Alongside parent company DP World, Unifeeder is working with partners across the industry to find solutions to the challenge of renewable methanol supply, which needs off-take commitments to build production…
Author: Vibha Mehta
Saudia Cargo is excited to announce the addition of Eng. Loay Mashabi, as Managing Director, will join on 8 October 2023. Eng. Loay, former Deputy Minister for Logistics Services at the Ministry of Transportation and Logistics Services, has an extensive background in the logistics sector and has played a pivotal role in the efforts to bolster Saudi Arabia’s position as a logistics hub. Throughout his career, Loay has served in various positions in both the private and government sectors and has also acted as a board member of Saudia Cargo, Saudi Authority for Industrial Cities and Technology Zones (MODON), Riyadh…
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, inaugurated the third edition of the Dubai World Congress for Self-Driving Transport and honoured the winners of the Dubai World Challenge for Self-Driving Transport. The event, hosted by the Roads and Transport Authority (RTA), saw the participation of over 2,000 international participants and 53 speakers, including top executives, researchers, experts, and developers of autonomous mobility technology. The congress also showcased over 40 exhibitors representing leading entities, displaying cutting-edge technologies in smart and sustainable mobility. Upon arrival at the Dubai World…
The Logistics & Transport Awards took front stage on September 22, 2023 in an effort to honour accomplishments and highlight the long-term objectives of logistics and supply chain firms from all around the region. 32 Winners and 5 Highly Commended were recognised for their contributions to the industry. These honours are given to people and organisations in a range of fields, including as supply chain management, technology, logistics, and e-commerce. Sofitel Dubai The Palm served as the venue for the gala dinner. We would like to thank our partners for the event: Numai Real Estate and Fluidmeet. TECH INNOVATOR IN…
We hosted our first networking event to bring industry professionals from the region together. But to give an extra meaning to the event, we organized three panels across different industry sectors. Our first panel spoke on ‘LogiTech: How is technology shaping the logistics industry?’ This panel included: Talha Malik, Director – Project Logistics Middle East Oil & Gas, Geodis Freight Forwarding LLC Varun Visruthan, Branch Manager, Addverb Vikrant Khare, Head Of Operations, Jeebly Amar Rizvi, CSO, iMile Delivery Fadi Amoudi, Founder & CEO, IQ Robotics Marwa Kaabour, Group Head of Marketing and Corporate Communication Al Masaood LLC, chaired this panel.…
Taraf, the real estate division of UAE-headquartered investment holding group Yas Holding, has completed the groundbreaking for its upcoming property, Luce, an exquisite residential development located on Palm Jumeirah in Dubai. The groundbreaking marks the start of the construction phase, bringing the project a significant step forward towards completion. Taraf has partnered with award-winning MZ Architects and construction firm Asasat Aldhafra APCC Building Contracting – the latter started enabling works in August. Low Ping, CEO of Yas Holding Group, commented: “Luce represents a fresh perspective on luxury living tailored for discerning local and international investors. Through Taraf’s unique and distinct…
The Logistics & Transport Awards 2023 shortlist has officially been announced. The event is scheduled to take place at Sofitel Dubai The Palm on September 22, 2023. TECH INNOVATOR IN LOGISTICS AND SUPPLY CHAIN ALS BANF CAREEM DUBAI COMMERCITY FOR LOGI-FLOW EHRHARDT PARTNER GROUP GLOBAL SHIPPING & LOGISTICS IQ FUFILLMENT IQ ROBOTICS LOCUS LOGSQUARE NOON DISPATCH PLATFORM OF THE YEAR CAREEM LOCUS WASSEL TECH SOLUTIONS PROVIDER IN LOGISTICS & SUPPLY CHAIN BANF CAREEM DUBAI TRADE DUBAI COMMERCITY FOR LOGI-FLOW IQ ROBOTICS LOGSQUARE SUPPLY CHAIN INNOVATOR OF THE YEAR ALS DUBAI COMMERCITY FOR LOGI-FLOW EHRHARDT PARTNER GROUP IQ FUFILLMENT IQ ROBOTICS…
The Royal Commission for Makkah City and Holy Sites announced today the launch of the largest real estate fund, valued at SAR 10.93 billion, in partnership with Thakher Development Company and Albilad Capital. The fund’s establishment aims to develop the Al Kidwa area south of the Holy Masjid (Haram) at approximately 500 meters. The project will cover an area of 686,056 square meters and include the development of 2,614 properties within the project. Eng. Abdulaziz bin Saleh Al-Aboudi said: “We are delighted to announce the partnership with the Royal Commission for Makkah City and Holy Sites and Albilad Capital to…
Mitch Bittermann, Senior Vice President of Commercials at Dubai CommerCity, guides us through various offerings… Dubai CommerCity is the first free zone of its kind in the region, and it offers facilities and services geared towards assisting businesses engaged in digital commerce. Local, regional, and international companies can access a first-of-its-kind premium digital and physical infrastructure through the free zone, which offers a one-stop shop for solutions. Dubai Commercial City also provides strategy consulting, advice on local laws, and end-to-end logistics solutions, including warehousing and last-mile delivery, in addition to full business setup and customs support. Access to complete digital…
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, Amaala and The Red Sea, has entered into a 25-year concession agreement with the French multinational electric utility company EDF (Électricité de France) and leading clean energy company Masdar on a multi-utilities infrastructure facility to service the Amaala destination. Like its sister destination, The Red Sea, Amaala will be powered entirely by solar energy, saving nearly half a million tons of CO2 emissions annually. The new facility consists of an optimized off-grid renewable energy system, which generates energy from photovoltaic technology, a battery energy storage…