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$110bn UAE–Saudi Logistics Investments Reshape Project Cargo Market At Breakbulk Middle East
Governments across the GCC deployed an estimated USD 110 billion in investment expenditure in 2024, with significant allocations directed toward infrastructure, special economic zones and logistics-linked connectivity. The UAE and Saudi Arabia have emerged as the region’s primary engines of transport and trade transformation, with combined logistics investments exceeding USD 110 billion and accelerating demand for project cargo and heavy-lift logistics. These dynamics will be

Raymond STERN
Jan 11


JAS Worldwide to Acquire Pentagon Freight Services in Major Project Logistics Push
Global freight giant JAS Worldwide has signed a Share Purchase Agreement to acquire UK-based Pentagon Freight Services, a long-established leader in freight forwarding, project logistics, and ships agency services. The acquisition, pending regulatory approval, is expected to close in the latter half of 2025. With this move, JAS Worldwide aims to significantly deepen its footprint in key sectors like oil and gas, energy, marine, and construction. Pentagon Freight Services, fou

Raymond STERN
Jul 27, 2025


Dubai based Transworld Group enters the Tanker segment
In its latest diversification move with the acquisition of 2 LR tankers. Transworld Group Dubai joins the liquid bulk trade with two Long...

Raymond STERN
Nov 23, 2022


Bahri’s Chemicals and Logistics business units sign MoUs to strengthen cooperation with Luberef
Bahri business units to provide sustainable and efficient solutions to meet Luberef’s various logistics and transportation requirements...

Raymond STERN
Nov 20, 2022


Ro-ro offers some relief for project shippers desperate for deck space
Shippers and forwarders have faced challenges moving project cargo over the past year. For shipments that fit in containers, they have...

Raymond STERN
Feb 10, 2022


AD Ports, Eni Abu Dhabi ink agreement to develop logistics base at Mugharraq Port
Under the agreement, AD Ports Group will develop a dedicated quay wall and an assembly yard as well as provide the needed manpower and...

Raymond STERN
Jan 24, 2022


UAE signs Eni to set up logistics base at Mugharraq Port to support offshore drilling
The UAE has signed up the Abu Dhabi unit of Italy's Eni to establish a marine logistics base at its Mugharraq Port near the country's...

Raymond STERN
Jan 23, 2022


Project Cargo Summit online 2021 Creating a predictable supply chain
How does the shortage in vessel space for containers effect the transport of breakbulk cargoes and project cargo? Do you opt for a liner...

Raymond STERN
Sep 29, 2021


DSV inaugurates its largest logistics centre in Africa
DSV has opened a logistics headquarters for its Africa operations in Gauteng in South Africa. Located near OR Tambo International...

Raymond STERN
Sep 23, 2021


Maersk launches first Jafza warehousing and distribution center in the country
Maersk Kanoo Emirates, the provider of integrated logistics services for container transport, has signed an agreement with Jebel Ali Free...

Raymond STERN
Sep 23, 2021


Menap logistics sector to keep on ‘trucking’
Janardan Dalmia, founder and chief executive of Trukkin, said the UAE, Saudi Arabia and Pakistan are three potential growth markets for...

Raymond STERN
Aug 28, 2021


Container Shipping Earnings Now Rival Apple. It’s Not a Good Look
Container lines are making oodles of money from their customers’ misery. If the profiteering label sticks, they risk a policy backlash in...

Raymond STERN
Aug 21, 2021


No plans to sell DB Schenker as DSV rumours resurface
DB Schenker has said there are no current plans to sell the company as rumours of DSV Panalpina’s interest in the Deutsche Bahn-owned...

Raymond STERN
Aug 18, 2021


Jas Worldwide to acquire Greencarrier Freight Services
Jas Worldwide has signed a share purchase agreement to acquire Swedish-headquartered forwarder Greencarrier Freight Services...

Raymond STERN
Aug 18, 2021


Freight forwarders call for govt intervention as logistic rates soar
Freight forwarding industry needs the government to intervene to help bring down overseas logistics rates which have escalated almost 10...

Raymond STERN
Aug 17, 2021



Raymond STERN
Aug 13, 2021


The impact of sea freight rates on commodity prices
Recently, ocean freight has risen sharply. I chatted with some friends and mentioned that the port congestion in the United States is...

Raymond STERN
Aug 13, 2021


China shutdowns the world’s third-busiest port, Ningbo-Zhoushan port.
China has partly shuttered the world’s third-busiest port after a single worker tested positive for COVID-19 Wednesday. The Meidong...

Raymond STERN
Aug 13, 2021


Over 30 containerships queued at Los Angeles/Long Beach ports
Congestion continues to rise at the US west coast container ports of Los Angeles and Long Beach ahead of the peak season. According to an...

Raymond STERN
Aug 11, 2021


DSV Panalpina: Conservative Beat And Raise Signals Further Upside Ahead
In a long-running theme since COVID-19 hit, logistics company earnings continue to outperform globally, and DSV Panalpina (OTCPK:DSDVY)...

Raymond STERN
Aug 10, 2021
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