All Middle East articles – Page 98
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Agility refocuses to combat profit decline
May 19 - According to chairman Tarek Sultan, Agility will increasingly focus on its Global Integrated Logistics (GIL) division in the face of declining profitability over the course of the next four quarters.
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Lower profit for Tiong Woon in third quarter
May 11 - Tiong Woon Corporation Holding Ltd (TWC) has announced a net profit after tax and non-controlling interest of SGD9.6 million (USD 7.1) for the third quarter of its financial year ended 31 March 2010 - an increase of 35 percent over the SGD7.1 mil
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GAC Kuwait opens at Kuwait International Airport
May 10 - GAC Kuwait has opened for business at the cargo terminal of the Kuwait International Airport and says that an airport location brings GAC closer to where the actual freight arrives.
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GAC Kuwait opens at Kuwait International Airport
May 10 - GAC Kuwait has opened for business at the cargo terminal of the Kuwait International Airport and says that an airport location brings GAC closer to where the actual freight arrives.
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GAC sets up specialist energy arm in Houston
May 5 - GAC has strengthened its global energy and logistics network with the opening of GAC Energy & Marine Services LLC (GEMS) in the maritime and energy hub of Houston.
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Latek Logistics welcomed to the Istanbul Stock Exchange
May 4 - One week after launching its IPO (initial public offering), Latek Logistics shares began trading on the Istanbul Stock Exchange.
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Balnak opens Tripoli office following North African growth
May 4 - Turkish logistics supplier Balnak has opened a second international office in North Africa.
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Modulift launches new training division
April 30 - In response to global demand for professionally trained riggers and lifting managers, Modulift has launched a training division to provide expert advice and instruction to the lifting industry and companies operating a lifting division.
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Abu Dhabi Aviation Group rolls out first major initiative
April 30 - An agreement that combines the offices of two of the UAE's leading aviation service providers under one roof has been signed by Abu Dhabi Aviation (ADA) Group.
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A life on the ocean wave in Bahrain, thanks to GAC
April 29 - Shipping, logistics and marine services provider, GAC Bahrain has successfully completed supplying the set-up logistics for the second Bahrain Boat Show International (BSSI).
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More expansion for cargo equipment owners network
April 26 - Cargo Equipment Experts (CEE) has announced additional member appointments.
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Peters & May names agent in Dubai
April 26 - Marine logistics provider, Peters & May has appointed Consolidated Shipping Services L.L.C as its agent for the Middle East.
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No rest for Magdenli
April 23 - Cargo Equipment Experts' member in Turkey, Magdenli Transport and Trade Co, has been extremely busy recently moving heavy components for various power plant projects in Turkey.
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Chapman Freeborn issues volcano backlog traffic update
April 20 - Air charter and aviation support company Chapman Freeborn has seen an "eruption in demand" for charters since the end of last week - including key routes to and from the Middle East, North America and worldwide, says the company.
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Agility posts rise in net profits in 2009
April 12 - Logistics major Agility posted an 11 percent increase in net profits over the course of last year, while revenues slipped by seven percent during the same period.
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Agility continues negotiations
April 9 - Trading of shares in Agility, the Kuwait logistics company, remains suspended and the company is reported to have further delayed the release of its 2009 financial results until April 11, pending whether it can resolve "a legal dispute with the
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Hoegh Autoliners names Jardine Shipping Services as agent for SE Asia
April 8 - Hoegh Autoliners has appointed Hong Kong's Jardine Shipping Services as its southeast Asia agent.
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Wilhelmsen Ships Service moves oil rig into Iraq
April 7 - The Maritime Logistics department at Wilhelmsen Ships Service in Kuwait has completed the delivery of a major oil rig - RIG 161 - and its camp from Ahmadi, Kuwait to the South Rumailah Oilfield in Iraq.
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Dockwise Ltd Seven up for Dockwise
April 7 - Dockwise has been awarded seven near-term contracts for the transportation of four jack-up rigs, jack-up construction vessels, supply boats and a floating crane barge, to be transported to Brazil, Egypt, the UAE, Singapore, The Netherlands, Iran