Gulftainer, an independent port operator, has announced that it has received the largest container vessel to call at Iraq?s ports to date
Logistics
DP World reports 10.7 per cent growth in Q2 2017
DP World Limited handled 34mn TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first half of 2017, with gross container volumes growing by 8.2 per cent year-on-year on a reported basis and 7.7 per cent on a like-for-like basis
GE signs US$575mn agreement to help improve rail infrastructure in Egypt
GE has signed a letter of intent (LoI) worth US$575mn with the Egypt?s Ministry of Transportation (MoT) and Egyptian National Railways (ENR) to supply 100 GE ES30ACi Light Evolution Series Locomotives that can be used for both passengers or freight rail, as well as a 15-year agreement for parts and technical support for GE locomotives in ENR?s new and current fleet
Bahri and Bollor? Logistics launch joint venture in Saudi Arabia
Bahri, transportation and logistics solutions provider, has signed an agreement with Bollor? Logistics to establish a new logistics joint venture and this new cooperation will serve the needs of customers in Saudi Arabia and the wider region
Terex selects Al Mahroos as authorised Genie distributor in the UAE
Terex Middle East, a global manufacturer of lifting and material processing products, announced that it has partnered with M.H. Al Mahroos as the first fully authorised distributor and service provider for Terex?s genie products in the UAE