Globe Express Strengthens Local Market Presence

MarineLink.com
Tuesday, May 14, 2013
Mubarak Al Kabir

Market strategy focuses on delivering innovative supply chain solutions that complement Kuwait’s growing reputation as a major logistics hub.


Globe Express Services announced that it has intensified its regional growth plans by providing a full array of innovative supply chain solutions in Kuwait. The company is consolidating its presence in Kuwait to take advantage of the government’s aggressive investments in large-scale logistics and transport infrastructure projects, including the first phase of the $1.2 billion Mubarak Al Kabir Port development that is scheduled for completion in the second quarter of 2014.



The Mubarak Al Kabir Port is just one of the many mega infrastructure development projects being undertaken in Kuwait aimed at reinforcing the country’s status as one of major trade and commerce hubs in the region. In addition, various other projects and changes are being implemented as part of the airport development project: the capacity of the country’s airport will be increased from seven million passengers currently to over 20 million through the construction of the new passengers’ building. Likewise, the volume of air freight in Kuwait International Airport will be increased from 600,000 tons to six million tons per year. According to industry reports, in 2013 air freight tonnage in Kuwait International Airport is expected to grow by 1.8% and is forecast to average growth of 1.4% annually until 2017. Also, this year the total trade real growth is forecast at 3% and to average 4% till 2017.

     

Globe Express Services has been offering integrated supply chain solutions in Kuwait including ocean freight services, land freight services, customs clearance and Air Freight services, while providing local clients access to the GES global network. The Kuwait office serves customers from different industries, including automotive, medical supplies and equipment, furniture and chemical industry.



Mustapha Kawam, Managing Director-Gulf States of GES, said, “Kuwait is fast emerging as a lucrative logistics hub as a result of the government’s aggressive investments in various integrated transport and logistics infrastructure projects. Globe Express Services is therefore stepping up its growth plans in Kuwait, which remains a vital component in our long-term strategy to strengthen the company’s status as one of the best 100 logistics providers worldwide. We are strongly focused on delivering innovative supply chain solutions that empower local and regional businesses to capitalize on Kuwait’s modern transport and logistics facilities and ultimately strengthen their presence in the regional and global markets.”

 

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

People & Company News

Duke Energy to Help Develop Jeffersonville Port Site

Duke Energy Indiana has selected a 140-acre parcel of land inside the Port of Indiana-Jeffersonville in Clark County for the utility's 2015 Site Readiness Program.

UNOLS Seeks Nominations for Council Positions

The University-National Oceanographic Laboratory System (UNOLS) is an organization of academic oceanographic institutions working in cooperation with agencies of the U.

Savannah Harbor Expansion Project Update

Lt. Gen. Thomas Bostick, commander of the U.S. Army Corps of Engineers, visited the Port of Savannah on Thursday, for an update on the Savannah Harbor Expansion Project (SHEP).

Logistics

Savannah Harbor Expansion Project Update

Lt. Gen. Thomas Bostick, commander of the U.S. Army Corps of Engineers, visited the Port of Savannah on Thursday, for an update on the Savannah Harbor Expansion Project (SHEP).

Israeli Dockworkers End Ports Strike

Israeli dockworkers ended a two-day strike on Thursday that had shut down the country's two main seaports in protest at the creation of new foreign-run ports.   Some 2,

Q88 LLC Opens Office in London

Q88 LLC has opened a new office in London. Located in Soho, the cultural center of London's West End district, the office will serve as a hub for business development and client relations.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | 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: 0.2434 sec (4 req/sec)