Logistics

Etihad Rail launches its ESG strategy

The framework was developed in collaboration with industry experts and co-ESG advisors. (Image source: Etihad Rail)

Etihad Rail, the developer and operator of the UAE National Rail Network, has introduced its Sustainable Finance Framework.

This comprehensive guide is designed to align the company's future financing efforts with its Environmental, Social, and Governance (ESG) Strategy, particularly focusing on Clean Transportation, Green Buildings, and Pollution Prevention and Control.

The framework was developed in collaboration with industry experts and co-ESG advisors, First Abu Dhabi Bank and Standard Chartered Bank, to ensure its alignment with the Green Loan and Bond Principles. The robustness of the framework was further validated by Det Norske Veritas (DNV) through a Second Party Opinion (SPO).

Key characteristics

The framework outlines a structured approach for Etihad Rail to assess and finance sustainable projects, detailing four key components: adherence to Green Loan and Bond Principles to meet international sustainability standards, clear criteria for the allocation of funds towards sustainable initiatives, a rigorous process for project evaluation and selection, and transparent management and reporting of funds.

Aligned with Etihad Rail's ESG strategy, the framework includes mechanisms for assessing environmental risks and promoting transparency in ESG initiatives. It not only supports informed investment decisions that mitigate environmental risks and leverage sustainable market opportunities but also encourages collaboration and knowledge-sharing among industry stakeholders, regulators, and investors, thereby fostering a transition towards a more sustainable financial system.

Ali Tabbal, chief financial officer at Etihad Rail said, “The introduction of our Sustainable Finance Framework is a testament to Etihad Rail’s commitment to integrate and uphold sustainable practices in all our operations. Through responsible financial practices, we are further underscoring this dedication by driving positive environmental and social impact in the region across the transportation, logistics, and infrastructure sectors. This framework is a pivotal element of our broader ESG strategy, directly aligning with the United Nations’ Sustainable Development Goals. It provides a clear roadmap for integrating ESG considerations into investment decisions, empowering companies to generate long-term sustainable value. By doing so, we are not only fostering a transition to a low-carbon, resilient economy but also supporting the UAE’s Net Zero 2050 Strategy and contributing to the nation’s vision for a sustainable future.”

Innovations make compact machines more efficient

Bobcat machinery in action on a warehouse floor.

Bobcat can now offer its customers an even more complete package of material handling solutions. (Image source: Bobcat)

After the addition of Doosan forklifts to Bobcat's compact machine portfolio, the company has indicated its intention that the forklift line will benefit from the innovations that it has developed in recent years for its compact machines

Bobcat has confirmed that the focus of its R&D approach in this area will be in improving connectivity, performance, sustainability and safety. Thanks to the acquisition of sister company, Doosan Industrial Vehicle, Bobcat can now offer its customers an even more complete package of material handling solutions. The rebranded Doosan equipment builds on the existing compact loaders and telehandlers from Bobcat, which can be equipped with attachments such as buckets, grabs, bale clamps, dump hoppers and pallet forks, so they can be used in many industries for material handling and logistics work.

The forklift range alone consists of dozens of models, including diesel forklifts with a lifting capacity of 2 to 16 tonne; LPG forklift trucks with a lifting capacity of 1.5 to 7 tonne and electric forklift trucks with a lifting capacity of 1.5 to 10 tonne.

The ranges of machines fit together seamlessly and share the same philosophies behind their design. In this way, they have the same focus on robust, powerful machines that can work long hours and require little maintenance. Optimal comfort, ease of operation and safety for the driver are also important principles for R&D.

Product development has led to a number of interesting innovations at Bobcat. These include the electric machines that Bobcat has presented to the market in recent years, with the E10e and E19e mini-excavators now available for purchase in Europe, the fully electric T7X track loader in a limited launch in North America and the S7X skid-steer loader and the recently revealed TL25.60e electric telehandler concept machines, being the most eye-catching. In addition, the MaxControl remote control for machines and MachineIQ for remote monitoring of machines have also been introduced.

But the company has indicated that developments will go even further. Vijayshekhar Nerva, responsible for innovation at Bobcat EMEA, confirms the four key principles for R&D outlined above. The first is connectivity. Companies have access to enormous amounts of data that are important for their activities and that data must be available in real time and in the machines as well. It also concerns the performance and productivity of machines. They must function optimally when carrying out work. The third principle is sustainability. This not only concerns emissions, but also the use of sustainable, robust materials in the production of machines and ease of maintenance, so that machines last longer.

Prioritising safety and efficiency

At Bobcat’s recent Demo Days event for the EMEA region, visitors were able to see the very latest developments in the fourth segment of safety and efficiency. They included new Operator Presence technology that leverages a 3D time-of-flight (ToF) camera to monitor users' movements and the cab environment, enhancing safety by preventing unintended machine actions. The Pedestrian Detection Camera uses AI-enabled processing capabilities to differentiate between humans and surroundings, reducing unnecessary operator alerts.

Bobcat’s transparent OLED (T-OLED) screen technology, developed with LG and BSI Research, enables operators to access various functionalities without taking their eyes off the worksite. This technology facilitates advanced applications like real-time virtual reality (VR) simulations for utility line mapping.

Going electric

Bobcat has recently showcased innovations for logistics and material handling. These include prototypes of the B18NT electric forklift truck with 3 wheels and a lithium battery and the B30X-7 Plus hydrogen forklift truck.

An important expansion now on the market is the new NXE series of electric forklift trucks with 4-wheel drive. The series consists of forklift trucks with a capacity of 6 to 10 tonne, which are suitable for heavy applications in container transport, machine construction and industry. These zero-emission machines can work an entire day on a battery charge and are of course very suitable for work in factories and warehouses. The machines offer excellent visibility and (in Bobcat style) a lot of comfort and features as standard that make operation easier.

Ma'aden and Bahri sign logistics partnership agreement

The partnership intends to create commercial integration prospects between the two national heavyweights. (Image source: Bahri)

Ma'aden, the Saudi Arabian Mining firm, the biggest multi-commodity mining and metals firm in the Middle East, and Bahri, the National Shipping Company of Saudi Arabia and a global leader in logistics and shipping, have inked a strategic Letter of Intent (LOI).

Inked in front of Ministry of Investment personnel, this partnership intends to create commercial integration prospects between the two national heavyweights with the goal of localising the maritime sectors and building robust supply chains.

On the signing, Eng. Ahmed Ali Al Subaey, CEO of Bahri, said, "We are delighted to work together with Ma'aden, one of the fastest-growing mining companies in the world and the largest multi-commodity mining and metals company in the Middle East. This collaboration emphasises Bahri’s effective and reliable offerings as the national shipping company and further strengthens our position as a global leader within this dynamic industry."

On this occasion, Bob Wilt, CEO of Ma'aden, said, "As a global exporter, access to Bahri’s extensive shipping capabilities ensures that Ma’aden can support localisation of the maritime industry in Saudi Arabia. Having worked with the Bahri team across our fertiliser business in recent years, we are confident that this collaboration will open up new growth opportunities across other areas of our business while continuing to support the national economy."

Envision & DHL: Green logistics partnership

Tobias Meyer, CEO at DHL Group, and Lei Zhang, chairman of Envision Group

Envision Group and DHL Group join hands to advance green logistics, SAF, and a Net Zero Industrial Park, targeting net-zero emissions. (Image source: DHL Group)

Envision Group, a leading global green technology company, and DHL Group have signed a strategic partnership agreement to foster comprehensive cooperation in logistics solutions and accelerate sustainability targets

The partnership covers four main areas: Logistics solutions, Sustainable Aviation Fuel (SAF), green energy, and the joint development of a "Net Zero Industrial & Logistic Park." This collaboration combines DHL Group's extensive logistics expertise with Envision's knowledge of renewable energy solutions, aiming to advance environmental energy initiatives. Both companies are committed to achieving net-zero emissions, with SAF being a key focus. Recognizing SAF's critical role in reducing carbon emissions in air transportation, DHL aims to increase the SAF mix to 30% by 2030. Envision will provide SAF for DHL, supporting the logistics company's carbon reduction goals while securing the global supply. Additionally, Envision will explore renewable feedstock sources and technology routes to advance decarbonisation in the aviation sector.

Lei Zhang, Chairman of Envision Group, stated, "The aviation sector is currently trailing targets largely due to high costs associated with green hydrocarbons and their derivatives. Envision, through systematic innovation, can reduce cost and revolutionise the production of SAF at scale. The development of this 'new oil' will support global efforts towards carbon neutrality."

Sustainable logistics alliance

Furthermore, Envision will provide comprehensive green energy transition solutions, including electricity, to support DHL's renewable energy goals through focused green power procurements.

The agreement positions DHL as a key strategic partner for Envision's development plans, leveraging DHL's extensive network across over 220 countries and territories to support Envision's renewable energy market expansion. As Envision's preferred logistics partner, DHL will deploy fully integrated logistics solutions to enhance efficiency and quality, ensuring seamless global supply chain management and support in navigating regulatory and operational challenges.

Tobias Meyer, CEO at DHL Group, remarked, "The partnership framework with Envision represents a further step towards global sustainability leadership for DHL Group. By leveraging our unparalleled logistics expertise and unique global network, we are committed to supporting Envision in their international expansion and logistical challenges. Together, we will lead the change in integrating green technologies and optimising supply chains, setting new benchmarks for sustainable innovation and global environmental impact through the energy transition."

Envision and DHL will also explore opportunities for the joint development and construction of a "Net Zero Industrial & Logistic Park" across various industry sectors. This new class of industrial parks, fully powered by a comprehensive clean energy solution, integrates the supply chains of several industries, such as electric vehicle and battery manufacturing. The Park aims to advance new electric power systems models and foster green industrial ecosystems, expediting the global green transition for customers. Having launched in Asia and parts of Europe and the Middle East, Envision, with DHL's support, will expand the Park's global footprint, providing innovative solutions for zero-carbon transformation.

SOHAR Port and Freezone revolutionises logistics efficiency

Workshop on the implementation of the MFM system

SOHAR Port and Freezone advances fuel measurement with MFM systems, enhancing accuracy, efficiency, and transparency in logistics operations. (Image source: SOHAR Port and Freezone)

SOHAR Port and Freezone recently held its second workshop on the implementation of the Mass Flow Meter (MFM) system, a cutting-edge technology revolutionising fuel measurement practices

The event gathered industry experts and stakeholders to discuss the numerous benefits of MFM systems over traditional methods, emphasizing their reliability, accuracy, and tamper-proof features. Attendees participated in informative sessions showcasing how MFM technology streamlines operations and minimizes errors.

This workshop underscores SOHAR's steadfast dedication to transparency and precision in logistics. By aligning with global industry leaders like Singapore, SOHAR Port is setting a regional benchmark for excellence. The collaboration with Metcore International Pte Ltd has been crucial in providing the technical expertise necessary for the successful integration and testing of these advanced systems. This partnership solidifies SOHAR Port’s reputation as a premier logistics hub committed to adopting innovative solutions that drive progress.

MFM systems enable direct fuel measurement by mass during custody transfers, offering real-time data capabilities that allow for immediate detection and resolution of discrepancies on site. This not only boosts operational efficiency but also ensures compliance with industry standards.

As SOHAR Port and Freezone continues to embrace technological advancements, it remains dedicated to fostering a culture of excellence and innovation in the logistics sector, paving the way for a more efficient and transparent future.