Author: Jochebed Menon

The Mohammed Bin Rashid Centre for Government Innovation (MBRCGI) has announced that nominations for the second edition of the UAE Innovates Award will close on 24 January. The awards programme, which includes six categories under the theme of innovation, is part of the nationwide annual UAE Innovates 2022 festival in February, which is one of the world’s largest innovation festivals and this year runs alongside Expo 2020 Dubai. UAE Innovates is part of the government’s ongoing efforts to support a culture of public sector innovation by celebrating achievements and recognizing novel solutions and processes. The initiative’s objective is to position…

Nicolas Sibuet brings over 26 years of experience across the shipping, oil and gas, and aviation industries to Aramex where he will serve as the Chief Financial Officer (CFO). Most recently, he served as CFO and Acting Senior Vice President for Strategy, Marketing and Communications at Abu Dhabi Airports. Sibuet also has extensive experience as an expert advisor to Boston Consulting Group where he worked on transforming and restructuring companies. Additionally, he was the Vice President for Marketing and Business Development at Weatherford, where he participated in the restructuring and disbursement of Weatherford drilling contracting arm, WDI. Prior to that,…

A.P. Moller – Maersk announced new aspiring emissions targets expected to align the company with the Net Zero criteria of the Science Based Targets initiative (SBTi) pathway to limit global warming to 1.5°C. They include a societal commitment to act now and drive material impact in this decade, and a commitment to deliver net zero supply chains to customers by 2040. The targets go beyond previous efforts to reduce emissions related to the ocean fleet as they cover all direct and indirect emissions across the entire Maersk business. “As a global provider of end-to-end logistics services across all transport modes,…

World Free Zones Organisation (World FZO), a global not-for-profit organisation, held its annual Board of Directors meeting and a multilateral lateral organisations tour at Geneva, Switzerland, as part of its expansion and leadership growth strategies. The meeting was attended by representatives from World Trade Organisation (WTO), United Nations Conference on Trade and Development (UNCTAD), International Road Transport Union (IRU), International Organisation of Employers (IOE), and International Labor Organisation (ILO). Representatives from the World FZO were led by Dr. Mohammed Al Zarooni, Chairman and included José Contreras (Vice chairman, Dominican Republic), Emeka Ene (Secretary, Nigeria) and Martin Ibarra (Advisor to the…

Members of the WACO System (WACO), headed by Dimotrans Group, combined collective expertise and experience to ensure the successful delivery of 600 tonnes of tournament equipment in time for the recent FIFA Arab Cup event in Doha, Qatar. The combined project required WACO members to organise 100 sea freight containers and 200 tonnes of airfreight formed of three charter flights for 100 tonnes and the rest moved by regular scheduled flights. “It took representatives from Qatar, France, UK, Germany, Belgium, and The Netherlands to make this international sporting occasion a success,” said Eric Abballe, Events Manager, Dimotrans. “A major challenge…

Vargheese Anthony, GM Freight Forwarding at Al-Futtaim Logistics, shares how the pandemic has altered market conditions and how all relevant parties came together to ensure the job gets done. He also reveals that the freight rates which have quadrupled since March 2020 is here to stay for a while. Anthony further adds how Al-Futtaim Logistics has benefited from UAE being a hub for the logistics industry connecting Africa with the Middle East, Europe and Asia.

The International Air Transport Association (IATA) released data for global air cargo markets showing slower growth in November 2021. Supply chain disruptions and capacity constraints impacted demand, despite economic conditions remaining favorable for the sector. Global demand, measured in cargo tonne-kilometres (CTKs), was up 3.7% compared to November 2019 (4.2% for international operations). This was significantly lower than the 8.2% growth seen in October 2021 (2% for international operations)and in previous months. Capacity was 7.6% below November 2019 (-7.9% for international operations). This was relatively unchanged from October. Capacity remains constrained with bottlenecks at key hubs. Economic conditions continue to…

FedEx Express announced the launch of FedEx International Priority Express (IPE) in the UAE offering customers who ship internationally the flexibility to schedule delivery by 10:30 am or noon to select destinations worldwide. With the addition of this new service, FedEx now provides a wider range of time-definite international priority shipping options to its customers. Businesses across the Middle East region can select the right delivery option that suits their needs with choices, giving them enhanced convenience and flexibility. The newly launched FedEx International Priority Express (IPE) service provides customers in the Middle East with delivery by 10:30 or noon to…

Kale Logistics Solutions has partnered with Private Sector Foundation Uganda (PSFU) to offer a logistics e-marketplace to stakeholders across the entire multimodal logistics ecosystem in Uganda. The e-Marketplace is an online portal for booking door-to-door cargo transportation services, offering competitive pricing and total transparency of the best shipment options across all modes of transport. The system matches companies looking to ship freight using one or more modes of transport with service providers of suitable capacity, digitising the entire shipment process, including rates, schedule, booking, contracting, delivery, invoice, and payment. The platform connects supply chain stakeholders such as freight forwarders, Customs…

Tufail Chemical Industries and Maersk Pakistan signed a partnership wherein Maersk would provide ‘Maersk Flow’, a digital tool, to Tufail Chemical to streamline and manage their supply chains efficiently. The partnership marks a significant step towards modernising logistics and improving supply chain performance with less time and effort. Tufail Chemical Industries conducts business with tech and appliance industries and has been importing plastic raw material, industrial chemicals, aluminium products, and polymer for their manufacturing processes. The Karachi-based firm has now built additional manufacturing capacity and is not only satisfying local requirements but also expanding into global market with export footprint. “Expansion…