Inaugural rail cargo operation links Al Jubail to Al Riyadh
NewsFirst container shipment launched from Jubail Commercial Port to Riyadh Dry Port via a new railway link.
Adnoc deal with Borouge
Adnoc Logistics and Services, the shipping and services arm of the Abu Dhabi National Oil Company (Adnoc), has signed a contract with Borouge, a leading producer of high-value polymers for the plastics industry, to handle its Ruwais container terminal operations. Adnoc takes over from Sharjah-based Gulftainer
Under the five-year contract, Adnoc will undertake all cargo handling operations for Borouge. This includes all packed and palletised products, as well as the company’s bulk-loaded containers. As many as 800,000 TEU a year could be
processed at Ruwais as Borouge expands its production capacity for clients in China and South East Asia.
The deal with Borouge follows a largescale integration programme at Adnoc, in which various arms of the organisation, including Irshad, Esnaad and Adnatco were merged into a single operating company.
“[This deal] is a robust vote of confidence in our plans to create added value to our services by establishing a world class, integrated, logistics and services business in Ruwais,” said Abdul Aziz Mohammad Al Za’abi, senior vice president
of the services unit at Adnoc Logistics and Services.
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This complete item is approximately 200 words in length, and appeared in the May 2018 issue of WorldCargo News, on page 7. To access this issue download the PDF here.
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