Maqta Gateway LLC, an Abu Dhabi Ports subsidiary, announced that it is to carry out its first testing of international blockchain solution Silsal with a maritime operator in partnership with MSC Mediterranean Shipping Company, a global leader in shipping and logistics. The announcement marks the latest milestone for Silsal. The innovative solution provides a seamless and secure link between stakeholders across the trade community using the electronic ledger system. As a major carrier, MSC will provide vital information and feedback on the international pilot project, which will test the capabilities of the technology to exchange, identify, and acknowledge cargo documents…
Author: Mehak Srivastava
Kivanc Arman, Vice President of Automotive Aftermarket, Robert Bosch Turkey, Iran and Middle East, introspects on platooning and its role in the future of freight forwarding. Over a million trucks are currently in operation across the region, with virtually all land cargo within the region being transported by road. The staggering number of trucks on the GCC’s roads increases by 5–9% every year. While this is a good indicator of growing inter-GCC trade, an increase in truck traffic invariably raises the likelihood of roadside errors, driver fatigue, strain on vehicles, and ultimately, carbon footprint. An example of transformative innovations expected…
Turkish Airlines has recently announced the passenger and cargo traffic results for September and left behind a month of high load factor with 83.4% performance. On top of the strong base effect of September 2017, growth in the number of passengers, revenue per kilometer and load factor, is an important indicator of the continued growing interest in Turkey and Turkish Airlines. According to September 2018 Traffic Results; The passenger growth trend continued in September, thus total number of passengers carried went up by 1% reaching about 7 million passengers, and Load Factor went up to %83.4. In September 2018, Total Load Factor…
Roads and Transport Authority (RTA) through its stand at GITEX 2018, has exhibited the first ‘Autonomous taxi’ in the region. The technology underscores RTA’s commitment to enhance the Dubai Government’s Strategy to convert 25% of total journeys in Dubai into autonomous transit by 2030. “The vehicle has been designed in conjunction with the Dubai Silicon Oasis and DG World (Digirobotics). The vehicle offers an innovative solution for challenges associated with the first and last mile as well as internal roads in several residential communities and entertainment venues,” said Ahmed Bahrozyan, CEO of RTA’s Public Transport Agency. “The vehicle features high…
Hong Kong’s largest independent cargo handler took the next step in its “Green Terminal” project, with the installation of 1,300sqm of solar panels on the roof of its SuperTerminal 1 facility in Hong Kong. Hactl’s new solar power installation will feature 518 panels with the electricity generation capacity of 160 kWp ; this “renewable energy” will be fed into the power grid. Says Hactl’s chief executive, Wilson Kwong: “This is a major step forward in Hactl’s “Green Terminal” project, and will make a significant contribution to our efforts to minimise our terminal’s environmental impact. We believe that Hactl has once…
UAE headquartered multi-business conglomerate Ghassan Aboud Group was appointed as a distributor for export markets by Indian public sector petroleum giant Hindustan Petroleum Corporation Limited (HPCL) through its 100% subsidiary in the UAE, HPCL Middle East FZCO. HPCL is a Global Fortune 500 company with USD35bn in revenues, that owns and operates the largest Lube Refinery in India producing Lube Base Oils of international standards. A vital part of HPCL, HP Lubricants is India’s largest lubricant marketer, which markets more than 450 grades of lubricants, specialties and greases manufactured in state-of-the-art blending plants spread across India. The grades manufactured by HP Lubricants…
Abu Dhabi Ports and Etisalat have signed a memorandum of understanding (MoU) focused on advancing technological capabilities and business opportunities in support of Abu Dhabi Economic Vision 2030. The partnership, signed at GITEX Technology Week, focuses on building shared electronic projects and networks, exchanging knowledge, simplifying procedures, securing fixed and wireless telecommunications coverage, and managing operational risk. Etisalat will also help Abu Dhabi Ports to adapt to the latest telecommunications technologies, business models, and customer behaviours. The agreement will broaden Abu Dhabi Ports reach by connecting the business to its ports, free zone, and technological entities. Captain Mohamed Juma Al…
Rijas Aces, the developers of DusitPrincess Rijas Dubai, announced the engagement of South African cricket legend Herschelle Gibbs as the project’s brand ambassador. Slated to open mid-2020, the upper-midscale property is strategically located within Jumeirah Village Circle, just 15 minutes by car from the new Al Maktoum International Airport, and close to numerous major shopping and entertainment venues, including the upcoming World Expo site. A sporting icon with a large following of fans across the region, Herschelle Gibbs is renowned for his many feats in cricket in a playing career spanning some 14 years. Not only was he the first…
Gulftainer, the world’s largest privately-owned independent port operator and logistics company based in the UAE, hosted the signing of a sister port agreement between the Department of Seaports & Customs of the Government of Sharjah and the Diamond State Port Corporation (DSPC), a corporate entity of the State of Delaware, USA. Under the terms of the partnership, the two entities are mandated to cooperate in the development of international trade and logistics, exchange information, and build mutually beneficial commercial, technological and cultural synergies. The agreement also enables private companies within the catchment area of the respective port authorities to collaborate…
Emirates SkyCargo, the freight division of Emirates, has completed two years of operating its Boeing 777 freighter aircraft to Oslo. The air cargo carrier operates a weekly freighter service to the Norwegian capital offering close to 100 tonnes of cargo capacity per flight, facilitating international trade between Norway and the rest of the world. In addition to its weekly freighter service, Emirates SkyCargo also transports cargo on its daily passenger services to and from Oslo. Norway is one of the world’s largest exporters of seafood and exports of Norwegian salmon were valued at around USD4bn for the first six months…