kuwait

Panalpina confirms merger talks with Agility as DSV increases takeover bid
The move would enable Panalpina to considerably increase its size and fend off future takeover attempts, but was not well-received by investors
Agility plans to invest more than a billion in warehousing
Agility is bullish on growth as e-com demand rises and it looks to emerging markets in Africa.
Kuwait hires advisor for design of 111km mega rail project
Kuwait Public Authority for Roads and Transportation wants a budget of US $59-million for the advisor.
Kuwait starts work on freight-focused rail project
The first phase of the project will create a new line to Nuwaiseb on the Saudi border and a 153km line linking Kuwait City with Boubyan Port.
Kuwaiti navy takes delivery of landing ships from Abu Dhabi Ship Building
The ships were launched during a ceremony held at the headquarters of the Kuwaiti Naval Force in the presence of Lieutenant General Mohammad Al-Khodr, Chief of the General Staff at Kuwait Armed Forces and Dr. Khaled Al Mazrouei, CEO of ADSB.
Kuwaiti shipyard HEISCO plans to add Panamax floating dock
The Panamax size floating dock will boost the regional ship repair and ship building industry and was described by Marafi as a “quantum leap” for the shipyard.
KOTC orders four new VLCCs in entirely new class of vessel
Kuwait Oil Tankers Company (KOTC) has signed a contract worth a reported US$ 79.7 million to have a new VLCC class oil tanker built as part of its ongoing fleet development programme.
EQUATE in Kuwait contracts Honeywell to boost petrochem supply chain
Honeywell and EQUATE Petrochemical Company sign deal to make supply chain more productive and efficient in Kuwait.

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