This was made possible by the launch of its JAFZA - South Zone 2 warehouse, which compliments its existing facilities in South Zone 1 and the North Zone.
The money will be returned in cash and bank guarantees to its clients in an effort to stimulate the broader economy, according to reports.
IP1 and IP2 will provide direct services between the Middle East, Pakistan, India, United Kingdom, France, Belgium, Netherlands and Germany, offering what OOCL says will be more competitive and reliable services than using transhipment options.
Container traffic stagnates globally for DP World in Q1 2019, while UAE experiences 8.8% year-on-year decline.
BOXBAY represents a new and intelligent High Bay Storage (HBS) system that will be ready in time for the Dubai Expo 2020 with a pilot project scheduled at Jebel Ali Terminal 4.
The portfolio consists of specialised and general warehousing assets leased out to leading global and regional logistic operators for long-term leases with strong covenants.
As part of the revamp of its East Africa – Middle East Network, MSC is launching a new service, Mogadishu Express, which is a direct service connecting Jebel Ali to Mogadishu and Kismayu in under a week.
Terminal 4, a fully automated container terminal at the port operator’s flagship Jebel Ali Port, will instead be used for spill-over cargo as DP World undertakes a redevelopment of Terminal 1.
After decades of experience as an in-house logistics arm, Thakral Gulf is offering its services to the wider market, with a focus on project cargo and FMCG.
The new warehouse in Jebel Ali will act as a hub connecting plants in Europe, North America and South America with the brand’s distribution partners in the Middle East.
The UAE handled 15 million TEU in 2018, down 2.7 percent year-on-year.
The LEED Gold-certified building complex features its own assembly line, office space, showrooms, a logistics centre and dedicated training rooms.
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