Agility wins Henkel logistics contract"
Agility has won a five-year contract from Henkel China to be the exclusive logistics partner for its mega hub, 'Project Dragon.' The contract will be effective from 2013. As per the contract, Agility will provide services ranging from inbound logistics, warehousing of raw material and finished goods, production supply and clearance and outbound logistics. Agility was selected on the basis of its proven capabilities and reach, as well as its strong understanding of the region’s logistics landscape, said a senior official. “In Agility we have found a partner who can support us across the entire logistics supply chain and in the design and planning phase of the new facility,” said Patrick Westkamp, Asia Pacific leader for Purchasing Logistics at Henkel. Source: TradeArabia News Service"
Jazeera Airways inks $200m A320 financing"
Kuwait's low-cost carrier Jazeera Airways has secured $200 million of financing to buy four Airbus A320 aircraft, and expects ""record"" profits in 2011, its chairman said. ""By the end of 2011, Jazeera Airways would have completed its turnaround and covered all its losses,"" Marwan Boodai told the Reuters Middle East Investment Summit in Kuwait. The airline reported a full-year net loss of 2.8 million dinars in 2010, compared with a loss of 8.2 million dinars in 2009. The carrier does not plan another capital hike in the next three years, Boodai said, adding that Jazeera had scrapped plans to set up its own terminal. Jazeera obtained shareholders' approval last year to hike its capital by 20 million dinars ($72.5 million) to 42 million dinars and the firm is currently working on the procedures for the hike, Boodai said. The carrier, which aims to fly 82 routes in the Middle East within the next five years, competes with UAE-based Air Arabia and Dubai-based low-cost carrier flydubai. Boodai said that Jazeera had ditched ""small"" markets like Doha, Abu Dhabi and Muscat, citing ""flooding"" by those countries' national carriers. Source: Reuters"
DP World opens community station in Djibouti"
DP World, a leading marine terminal operator, has joined hands with its partners to open a solar-powered community station at Djibouti in the Horn of Africa. The upgraded SafeTStop facility is located at PK 12, a community of 25,000 people close to DP World’s container terminal in Doraleh strategically located along the busy corridor through which more than 800 trucks transit every day. It is one of 23 terminals operated by DP World’s project partners, Family Health International (FHI) and the US Agency for International Development. With the installation of solar panels and VSAT (very small aperture terminal) Internet, the community station now runs three computers, a refrigerator, lights, fans, and several charge points. These points will allow truckers and local residents to access health-related software and information on road conditions, charge cell phones and make short VoIP calls to relatives elsewhere along the Djibouti-Ethiopia transport corridor. Source: TradeArabia News Service"
GWC inks distribution deal with Darwish"
Gulf Warehousing Company (GWC), a leading Qatar-based logistics provider, has signed a three-year distribution agreement with Darwish Holding's internal management entity, Darwish Corporate. Prior to contract signature, the Gulf Warehousing Company had executed a successful one-year trial and has been distributing the products to all major outlets in Qatar since early 2010. Basem Chbaklo, Gulf Warehousing executive director, said: “We are extremely pleased to have this opportunity to work with Darwish Corporate and add value to their supply chain through specialized warehousing and personalized delivery solutions.” “The team and warehouse setup has been specifically designed for this project, which is characterized by its diversified portfolio of products ranging from bulky items such as pianos down to the most delicate items such as eye liners and lipstick.” Source: TradeArabia News Service"
Bahrain set to open new fishing port"
The first phase of a new fishing port, when completed, will have an area of 7.5 hectares and facilities to moor 250 fishing boats, opened in the Hidd area of Bahrain in early October. Public Commission for the Protection of Marine Resources, Environment and Wildlife president Shaikh Abdulla bin Hamad Al Khalifa will declare the port open. Fishermen will have a large hall where they can keep their fishing gear and enjoy their time off, said Muharraq municipal councilor Ramzi Al Jalali, who represents Hidd. A new medical center will be opened close to the landing facility, he said, adding that there will also be facilities for selling fish in the area. The facilities will be open from 5am to 6pm, he said. Source: TradeArabia News Service"
Etihad Rail signs transport deal with Arkan"
Etihad Rail, the master developer and operator of the UAE’s national railway network, has signed a memorandum of understanding (MoU) with Arkan Building Materials to assess the use of the rail network to transport its raw materials and finished products. The agreement supports Etihad Rail’s vision to offer better transportation solutions for raw material flows in the UAE and meet the evolving distribution needs of industrial businesses across the country, said a statement. The MoU was signed by Richard Bowker, chief executive officer, Etihad Rail, and Saeed Al Mutawa Al Dhaheri – vice president projects, Arkan, an integrated building materials manufacturer. Source: TradeArabia News Service"