CEVA launches City of Energy in Middle East

By Joseph R. Fonseca
Wednesday, July 16, 2014
City_of_energy

 

CEVA Logistics, one of the world’s leading global supply chain management companies, today announced the official opening of the City of Energy in the United Arab Emirates. The hub, which covers an area of 27,000 sqm of warehouse space and 10,000 sqm of yard space, is strategically located in Jebel Ali Free Zone in Dubai and is fully dedicated to the warehousing and handling of oil and gas products for the Energy sector.

The cutting-edge logistics platform is unique in the Middle East, being the first logistics company with a facility dedicated solely to the oil and gas market.

The City of Energy will house CEVA’s oil and gas customers and will be home to CEVA’s dedicated Oil & Gas and project logistics team. Hosting logistics activities for numerous customers in a single site creates economies of scale.  By sharing warehouse areas, IT systems and specialized staff, customers benefit from an overall reduction of cost through the continuous application of standardized procedures. CEVA’s logistics services and processes will undergo continuous improvements, offering a constant high level of services to customers. This specialized hub will highlight the value that CEVA brings to its customers – supply chain efficiencies, enhanced visibility, cost optimization and impeccably executed logistics operations.

CEVA recognizes the importance of Dubai as a key logistics hub globally due to its strategic location in an emerging market with an ease of accessibility to the GCC countries, Africa, Europe and Near East. The area’s excellent network and connectivity provides an ideal environment for many companies to operate from.

According to Hakan Bicil, CEVA’s Chief Commercial Officer: “The City of Energy was established to serve as a catalyst for the growth and expansion of our oil and gas expertise in Middle East and Africa. We are very optimistic about the progress of the region and the acquisition of new customers and business this year as Dubai continues to be an attractive logistics hub for local and regional companies.”

Jerome Lorrain, CEVA’s EVP for Balkans, Africa and Middle East said: “Our team is very excited about the opening of the new Energy Hub in the Middle East. Dubai has now become the regional hub for logistics, which makes it a very strategic location for the City of Energy. Being the largest sector of the region, this new facility marks a significant step forward in addressing new opportunities in the Oil & Gas industry throughout the Middle East and Africa."

The launch of City of Energy strengthens CEVA’s industry specific skills and knowledge and is driven off of the success of the City of Books and City of Pharma, and the launch last week of TechCity in Italy.

With the opening of the City of Energy, CEVA has increased the value it can provide as a partner for oil and gas companies in the Middle East and reinforced CEVA’s leading presence in the region’s oil and gas market.
 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Energy

GasLog Post 4Q 2014 Results

GasLog Ltd. and its subsidiaries an international owner, operator and manager of liquefied natural gas carriers, today reported its unaudited financial results for the quarter ended December 31,

Petrobras Downgrade Shakes Market

Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors as overly assertive,

Brightoil Reports Steady Growth in Interim Results

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period,

News

China's Maritime Advances Worry US

The Director of U.S. National Intelligence, James Clapper, has expressed his concern at the progress of China in maritime zones it shares with its neighbors, accused

British Queen to Name New Ship

Queen Elizabeth II will christen P&O Cruises’ new flagship Britannia in Southampton, England, on March 10. She will be accompanied by her husband, Prince Philip, the Duke of Edinburgh.

Berenberg in $1.1bln Box Bid

The world's second-oldest bank Joh. Berenberg Gossler & Co. KG is lining up a new fund worth EUR 1bn ($1.1bn) for the containership sector.   A report appeared

Mergers & Acquisitions

VLCCF - 4Q & FY 2014 Results

Knightsbridge Shipping Limited ( VLCCF ) reports net income of $5.2 million and earnings per share of $0.06 for the fourth quarter compared with a net loss of $6.

NMM lines up Box Buy

Navios Maritime Partners L.P. (NMM) an international owner and operator of container and drybulk vessels, announced today that it has secured, for no consideration,

SpeedCast Acquires Geolink Satellite Services

SpeedCast International Limited announced the acquisition of Geolink Satellite Services, part of the CETel Group. The closing of the transaction is subject to regulatory approval.

Middle East

Keels Laid for Two Aluminum OSVs

Triangle Marine Services and Marine Core & Charter host keel laying ceremony for two Aluminum Fast Offshore Support Vessels   UAE-based shipbuilder Triangle Marine

Propulsion Systems Ordered for Qatar Coastguard Vessels

Rolls-Royce waterjets and MTU diesels to power 17 new patrol boats for the Qatar Coastguard   Rolls-Royce has secured a £15.8 million contract to supply Rolls-Royce

Abu Dhabi Ship Building to Deliver 3 UAE Warships by 2016

Abu Dhabi Ship Building Company will deliver three Baynunah warships to the United Arab Emirates Navy by 2016 and is in discussions with other buyers to sell more, its chief executive said on Monday.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1143 sec (9 req/sec)