India is the fastest-growing major economy in the world. In an era of global economic headwinds, India’s petroleum products consumption recorded a growth of 5.1% in FY 2021-22. It is projected to grow at 11% in FY 2022-23. Bitumen, Petrochemicals and Base Oils are the three essential products which are increasingly dependent on imports, mainly due to domestic refining slate constraints. Middle East has traditionally been the key supply source for India’s import requirements. Russia is fast emerging as a new supply source vying for a slice of the Indian petroleum products market. The new year 2023 brings together the…
Author: Vibha Mehta
His Highness Sheikh Mohammed Bin Hamad Bin Tahnoon Al Nahyan chairs the RoyalJet LLC, an Abu Dhabi-owned and controlled collection of firms that dominates the worldwide premium private aviation market. RoyalJet is also a multiple World Travel Awards laureate in the ‘World’s Leading Private Jet Charter’ category, and its FBO has received other awards for its facilities and services. Here, Mohammed Husain Ahmed, CEO of RoyalJet, talks to Vibha Mehta, Editor of Logistics News ME, about changing trends in the aviation industry… Logistical Operations For RoyalJet The logistical operations for RoyalJet involved a wide range of activities designed to ensure…
Alstom has been recognised as a ‘Top Employer’ for the 2022 calendar year in Saudi Arabia, UAE and Egypt for the first time, alongside certifications in 22 other geographies the company operates in, including Australia, Belgium, Canada, China, Hong Kong, France, India, Italy, Mexico, Poland, Singapore, Spain, United Kingdom, United States of America, Chile, Panama, Romania, Sweden, and Thailand. Being certified as a Top Employer showcases an organisation’s dedication to a better world of work and exhibits a people centric culture. Alstom continues to expand its employee engagement efforts across the region, focusing on building a strong corporate culture that…
A cloud-based SaaS field management tool for communication and documentation in building and real estate projects, PlanRadar is independent of platforms and gear. Maintenance, building inspections, construction documentation, handovers, fault and task management, and other uses are all possible. Teams may interact, exchange digital floor plans or BIM models, and track information using web applications for all smartphones and tablets (iOS, Android, and Windows). Additionally, PlanRadar’s digitization of workflows lowers the frequency of errors, frees up time for everyone involved, and allows for substantial productivity improvements. Customers report saving up to 7 working hours each week. The firm, which has…
The Department of Municipalities and Transport (DMT) has announced the signing of two Memorandums of Understanding (MoU), one with Changwon City and one with the Korea Transport Institute (KOTI) – which aim to promote the research and development of hydrogen energy and sustainable development strategies, strengthen cooperation in the field of low-carbon hydrogen public transportation, and facilitate the sharing of information and resources. The two MoUs were signed on the side lines of the UAE – South Korea Business forum held in Abu Dhabi on 16 January. Representing Abu Dhabi Government, the MoU with Changwon City was signed by His…
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, will further expand its capacity offering to the Chinese market by introducing an additional weekly Abu Dhabi – Shanghai freighter flight from 2 February 2023. The additional freighter service to Shanghai will increase the carrier’s weekly dedicated freighter flights between Shanghai and its Abu Dhabi hub to eight per week, increasing the cargo capacity out of Shanghai to 850 tons. Martin Drew, Senior Vice President of Global Sales & Cargo at Etihad Aviation Group, said, “Etihad Cargo is committed to expanding its operations in China, a key global market…
PETRONAS Lubricants International (PLI) strengthens its historic partnership with IVECO by co-developing fluids for IVECO’s new zero-emission eDAILY vehicles, designed to maximise performance and enhance sustainable solutions for the commercial, automotive industry. The long-standing collaboration between the two industry leaders, grounded in automotive innovation and resilience since 1975, has resulted in thousands of hours of co-engineering, producing the highest-quality standard of lubricants to meet the needs of IVECO drivers. The new fluids demonstrate PLI and IVECO’s common goal of achieving a sustainable future. Described as the ‘electric twin’ of IVECO’s iconic ‘Daily’ vehicles, the eDAILY covers all commercial vehicle usage…
Predictability, reliability, and consistency are three sacred hallmarks of logistics and supply chain success. If deliveries don’t get where they need to go on time, each time, every time, then the trust process breaks down, and the promise of on-time freight delivery goes down with it. The double-edged sword of disruption cuts both during and after the event. With the reduced supply of a product available but consistent demand, stores will rapidly sell out, and end-customer purchasing behaviour will adjust. We saw this during COVID-19 when shoppers panic-bought essentials – pushing artificial shortages. Despite eminently manageable supply chain issues, the perception of…
Wilo Middle East, the leading German pumps and systems manufacturer and digital pioneer of the pumps industry, is participating at the World Future Energy Summit to raise awareness of sustainable solutions and advance energy efficiency through innovative pumps and systems. In addition to addressing critical topics such as water and energy shortages and climate change, Yasser Nagi, Managing Director of Wilo Middle East, highlights the company’s advanced smart pump solutions designed to conserve energy and drive sustainability. The 17th World Future Energy Summit is held from January 16 to 18, 2023, at Abu Dhabi National Exhibition Centre (ADNEC) in Abu…
The first B2B micro-mobility tech start-up in the MENA region, TERRA TECH Ltd. (Terra), will introduce its fleet of electric motorbikes with a swap and drive operations model for the region’s expanding business landscape while taking environmental impact into account. Husam Zammar, a serial entrepreneur, founded Terra in 2021 as a Dubai International Financial Centre (DIFC) company. Terra is the ground-breaking project he has been working on his entire career. The software for Terra is being diligently developed alongside Zammar by a top-notch team with expertise from regional and international tech giants like Google, Careem, and Uber. The start-up, which…