Latest news from Heavy Lift & Project Forwarding International Magazine

Almajdouie expands presence

Almajdouie Logistics has signed an agreement with Sinotrans, outlining expansion plans for its joint venture partnerships in the Middle East.

Almajdouie and Sinotrans have two joint ventures in the region - Sinotrans Almajdouie Middle East (SMME) located in Saudi Arabia and Maxx Logistics, based in Dubai's Jebel Ali Free Zone.

Under the agreement, signed by Almajdouie ceo Baheej Al Biqawi and Yu Jianmin, vice president of Sinotrans, Maxx Logistics has acquired Sinotrans Gulf in the UAE.

The acquisition enables the company to trade in both the Free Zone and the UAE open market.

The agreement will also see Maxx Logistics absorbed into SMME, which, following a rebrand, will expand its presence within the Gulf Cooperation Council (GCC) and the Levant market later this year.

Hu Song, nominated by both parties, has been named general manager of the new SMME Group and all country managers will report to him.

 

www.almajdouie.com

www.sinotrans-logistics.com

www.maxx-logistics.com

Heavy Lift | News

EGL in transformer move thumbnail image

EGL in transformer move

May 21 - Egyptian Global Logistics (EGL) has unloaded and transported two transformers destined for a power station at Damietta Furniture City.
Views: 151
Multipurpose charter rates dip thumbnail image

Multipurpose charter rates dip

May 21 - Time charter rates in the multipurpose shipping sector have declined over the last month, according to the latest data from shipbroker Toepfer Transport.
Views: 220
Seaboard ups Savannah services thumbnail image

Seaboard ups Savannah services

May 21 - The port of Savannah in Georgia has welcomed itsĀ first Seaboard Marine vessel call earlier this month, and the shipping line is preparing to launch additional services from the port.
Views: 158

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.