Etihad Rail has secured a key line of funding for the first link in the UAE?s US$10.89bn national railway network, with first freight shipments set to start later this year
Logistics
APICORP launches US$150 million shipping fund
Arab Petroleum Investments Corporation (APICORP) has announced the establishment of a US$150mn shipping fund aimed at leveraging growth opportunities in the petroleum product tanker charter market
Trade development to form focus of World Ports & Trade Summit
The changing dynamics of seaborne trade development are expected to be the focus of discussion at the World Ports & Trade Summit, which is taking place from 19-20 March
Gulftainer records 24 per cent growth in ports' operations
Gulftainer has reported a 24 per cent year-on-year increase in trade volumes in 2012
Alhallami Group develops stealth 'floating villa'
Abu Dhabi-based Alhallami Group has developed the CGP-1 Stealth, a floating villa