Logistics

CE-Ventures acquires stake in UAE’s logistics firm Transcorp

trme ware 11CE-Ventures, the corporate venture capital arm of UAE-headquartered global conglomerate Crescent Enterprises, has invested in Transcorp International, one of the UAE’s leading logistics and last-mile distribution service providers, acquiring a sizeable minority stake

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Major COSCO terminal opened in Abu Dhabi

coscoCOSCO SHIPPING Ports and Abu Dhabi Ports have inaugurated CSP Abu Dhabi Terminal at Khalifa Port, aiming to position Abu Dhabi as the regional hub for COSCO’s global network of 36 ports and connecting the emirate to the major trade hubs along the Belt and Road Initiative (BRI)

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Abu Dhabi Ports acquires Damen tug boats to boost Khalifa Port expansion

TRME DamenAbu Dhabi Marine Services ‘Safeen’, the marine services subsidiary of Abu Dhabi Ports (ADP), has bought two new state-of-the-art tug boats from Damen Shipyards Group to support the US$2.72bn expansion of Khalifa Port, ADP’s deep-water port

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Riyadh to house Saudi Arabia’s first special economic zone

port zone 25Saudi Arabia has announced the establishment of a special economic zone (SEZ)

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Driving UAE’s logistics business with RSA National’s new cargo terminal

RSA National 20RSA National, the joint venture between US-based National and UAE-based RSA Global, has its new air cargo terminal, located airside at Dubai World Central (DWC)

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