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In Brief

01 October 2016

Maersk to expand division

DENMARK’S AP Moller-Maersk’s new Transport and Logistics division will aim to expand its market share every year through organic growth and acquisitions, CEO Soren Skou told a news conference. Rocked by low freight and oil prices, AP Moller-Maersk announced it will split into separate transport and energy divisions. “There are enough ships in this world,” Skou said, referring to the sector’s current oversupply of new vessels. He added that the company also aims to lead the industry in digitalisation.

 

GAC Group restructures

GAC Group, a global provider of integrated shipping, logistics and marine services, has announced several management level changes and transfers. At group level, Erland Ebbersten formerly group vice president for the Africa, Russia and Central Asia region will assume the responsibility as group vice president – marine, heading the newly established marine region covering Abu Dhabi, Turkmenistan and Kazakhstan, a statement from the company said.

 

OLC to select operator

OMAN Logistics Company (OLC), a wholly government-owned entity, plans to award a licence for the operation and management of its ‘dry port’ project before the end of this year, said a report. OLC is overseeing the implementation of ‘Khazaen’ — the Sultanate’s flagship integrated logistics hub in South Al Batinah Governorate. The selection of an operator for the initiative, which will be the first inland port in the sultanate, is in the final stages, Ahmed al Azkawi, acting CEO of OLC, was quoted as saying in a report. 

 

Oceanwide Logistics in Dubai

US-based OL International Holdings, a non-asset-based international logistics company and a member of the Oceanwide Logistics Global Network, has announced the launch of its newest office in Dubai, UAE.

Oceanwide Logistics Dubai joins the company’s growing global NVOCC network of 18 offices and more than 120 agents worldwide, many of which are part of the Oceanwide Logistics Global Network, said a statement from the company. This integrated network allows OL International to deliver powerful and seamless service to and from Dubai and ports around the world, it said.




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