Etihad Rail selected Electro-Motive Diesel (EMD), one of the world's largest builders of diesel-electric locomotives, to design and manufacture seven heavy haul freight locomotives for delivery by 2012.
DP World has posted a 11 per cent rise in volumes in the first half of the year
The Saudi Railway Company (SAR) has completed the construction of a 1,392-km-long railway line from Northern Border Province to Ras Al-Zour Seaport on the Gulf.
A Saudi-Spanish consortium has emerged as a frontrunner among bidders to win an US$8 billion contract to build a high-speed rail network linking Makkah, Jeddah and Madinah.
Topaz Energy and Marine recently signed long-term vessel support contracts with various clients totaling US$160mn.