DP World, UPS unveil plans

DP World London Gateway and UPS announced plans to build a new 32,000 sq m package sorting and delivery facility at the logistics site in the south-east of England.

At close to £120 million ($127.4 million), it is one of UPS’s largest infrastructure investments outside the US.

Sultan Ahmed Bin Sulayem, chairman, DP World, said: “By using DP World London Gateway Park and Port, UPS will have a fast ‘global conveyor-belt’ directly connected to their own worldwide network.”

Warehouse opens

UAE e-commerce retailer Namshi has opened a new and expanded warehouse facility to cope with increasing orders.

The web company, specialising in fashion and lifestyle retail, said the storage facility is eight times larger with the capability to house 1.7 million additional stock items.

It said the new warehouse would enable Namshi.com to offer its customers next-day delivery in the UAE, while allowing it to process 30,000 products daily.

Halul procures simulator

HALUL Offshore Services Company, a wholly-owned subsidiary of Milaha, has recently procured a state-of-the-art offshore support vessel (OSV) ship handling simulator, which is the first of its kind in Qatar.

Halul is now one of the few companies in the Gulf region to own the Netherlands-built simulator, which is normally used in training schools.

Abdulrahman Essa Al-Mannai, Milaha’s president and CEO, said: “The use of such modern equipment affirms our longstanding commitment to providing the highest level of training to our staff.”

Shipping firm’s profit up

GULF Navigation Holding, the Dubai-based shipping company, reported a 123 per cent profit growth for the first three quarters.

Net income was Dh15.676 million ($4.283 million) compared with the same-period 2014 profit of Dh7.030 million.

Revenues increased 11 per cent to Dh104.73 million.