Logistics
September 2019

The warehousing and distribution logistics market in the GCC is estimated to witness a strong growth   during the forecast period of 2019 to 2024, due to the increasing warehousing infrastructure and increasing government and private investments to develop the region into a robust logistics hub, along with pro-business regulatory policies






September 2019

Switzerland-based Panalpina, an international freight forwarding and logistics company, is establishing its presence in Oman, and plans to open its office in Muscat by the end of the third quarter in 2019.






September 2019

The Middle East region has been faring well in terms of transportation and logistical efficiencies and performance on the global scale with its logistics market set to reach $66.3 billion by the end of 2020, according to a new report.






September 2019

Kale Logistics Solutions, a leading provider of IT solutions for the logistics industry, has been awarded the “Best Air Cargo IT Solution provider” award by the Air Cargo Agents Association (ACAAI) at the ACAAI Air Cargo Awards 2019. The award ceremony took place last month at The Lalit Great Eastern, Kolkata, India.






September 2019

Gulf Warehousing Company (GWC)’s Logistics Village Qatar (LVQ) has seen strong demand since first becoming operational in 2010 and is now setting new benchmarks in logistics infrastructure, the company said.






September 2019

GAC, a global provider of marine services, is tapping into the growing contract logistics business potential of the Middle East, Asia Pacific and Indian Subcontinent with plans to develop and expand its operations in the regions, said a top official.






September 2019

Dubai Maritime City Authority (DMCA) has revealed the successful completion of maritime traffic inspections conducted across the regional waters of the emirate during the first six months of 2019.






September 2019

Moby, a leading shipping company in Italy, recently held a naming ceremony for its new Damen ASD Tug 2813, Vincenzino O, in Cagliari as part of the company’s plans to upgrade its fleet. The ASD Tug 2813 is part of Damen’s next generation of tugs. This series offers a range of new tug designs.






September 2019

uwait-based Agility, a leading global logistics provider, has posted a net profit of KD21.6 million ($70.8 million) for the second quarter (Q2) of the year, an increase of 8.1 per cent over the same period in 2018. Q2 EBITDA grew 31.2 per cent to KD48.6 million, and revenue increased 3.2 per cent to KD396.3 million. First-half earnings of25.






September 2019

Airlines in Asia-Pacific and the Middle East once again suffered the sharpest declines in year-on-year growth in total air freight volumes in June 2019, with Middle Eastern freight volumes decreasing 7.0 per cent in June compared to the year-ago period despite capacity increasing by 2.7 per cent.






September 2019

German industrial group Thyssenkrupp Materials Services is investing around 70 million euros ($78.29 million) in the modernisation and expansion of its European warehousing and logistics network. A state-of-the-art logistics centre and new warehouses are to be built in Germany, Poland and Hungary, said a statement from the company.






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