July 17 - Shanghai headquartered Worldwide Logistics Group has forged an alliance with Dubai based NAWAH (North America Western Asia Holdings) to expand both companies' capabilities in southern Iraq.
"Southern Iraq is undergoing unparalleled development today with an expanding middle class of citizens who increasingly demand the continual flow of essential goods from Asian markets," said NAWAH president and ceo Paul Brinkley.
NAWAH Port Management (NPM), one of NAWAH's three major business units, operates a containerised terminal at the Iraqi port of Basra.
Along with sister company NAWAH Supply & Distribution, NPM provides logistics solutions for cargo being transshipped through the UAE's Jebel Ali Port and bound for Iraq's oil and gas fields and commercial markets.
"Our alliance's extensive capabilities will allow WWL - in partnership with NPM - to further develop a robust and reliable logistics service from locations throughout China to key sites across Iraq," said Jacky Lim, managing director of Worldwide Logistics Group, adding that the two companies aim to "redefine the China-Iraq trade lane".
Worldwide Logistics Group has its own fleet of breakbulk vessels, isotank containers and trucks, as well as container freight stations and warehouses across China.
HLPFI reported on February 23 that NAWAH had entered into an agreement with China Petroleum Pipeline (CPP) to jointly pursue potential energy sector development projects in Iraq.