Globe Express Opens Saudi Terminal Yard

Press Release
Sunday, October 21, 2012
Ziad Korban: Photo credit Globe Express

Globe Express Services (Overseas Group) opens terminal yard in Dammam to complete logistics facilities in Jeddah & Riyadh.

The company's Dammam Terminal Yard, is a 23,000 sqm facility that includes an open storage area, warehouses, and office buildings that will house the Dammam Branch management and the Transportation Division.

While GES (Overseas Group) has had an office in Dammam since 1995, the new terminal yard, which is strategically located at the Dammam Sea Port Zone on the Arabian Gulf, complements the company’s existing facilities in Jeddah on the Red Sea and in Riyadh serving KSA’s Central Region, enabling the company to offer smooth handling for all import and export of sea freight shipments in KSA.

GES (Overseas Group) invested over USD 2 million for the construction of the Dammam Terminal Yard, while nearly USD 3 million was spent to increase the company’s fleet of trucks and trailers and to acquire new handling equipment. Over the past four years GES (Overseas Group) has also expanded its staff strength from 75 to 205 to support the company’s ongoing expansion drive in the Kingdom.
 
Key development projects such as the King Abdullah Economic City are driving the long-term expansion plans of GES (Overseas Group) in KSA. King Abdullah Economic City will serve as the future hub for at least 2,700 manufacturing companies, while it will also include a 13.8 square kilometer port that will emerge as one of the world’s top five largest industrial ports.

Ziad Korban, CEO of Globe Express (Overseas Group), said: “Aggressive investments in large-scale projects are being undertaken by the KSA Government to diversify its economy, a trend that has helped establish the Saudi market as a very important area for exports and imports. Moreover, the government has been actively cultivating the growth of the logistics sector by introducing new polices, incentives, regulations and infrastructure, creating excellent opportunities for Globe Express Services (Overseas Group) to grow and expand in the country.


 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Wärtsilä Expects 5% Sales Growth

Wärtsilä announced its third quarter results, reporting that it sees good development in order intake and profitability. According to Wärtsilä, third quarter

MacGregor Reorganizes into 7 Operative Divisions

MacGregor, part of Cargotec, announces changes in its operative structure and starts a reorganization into seven operative divisions which will become effective on January 1, 2015.

Iridium Partners with Trimble to Support Expansion

Iridium Communications Inc. announced an agreement with Trimble that expands the company's use of satellite communications in its core Transportation and Logistics

Logistics

Containers, Cruises Help Boost Marseilles Fos

Container throughput at French port Marseilles Fos reached 876,711 teu for the period January to September, an increase of 6% on the first nine months last year.

Iridium Partners with Trimble to Support Expansion

Iridium Communications Inc. announced an agreement with Trimble that expands the company's use of satellite communications in its core Transportation and Logistics

Colombian Professionals to be Trained in Antwerp

APEC, the training centre for the port of Antwerp, is to provide training for shipping professionals from the port of Santa Marta (Colombia) for the next four years.

Middle East

KOTC Takes Delivery of Product Tanker Mutriba

Classification society ClassNK said it has completed work on the 31,445 GT product tanker Mutriba, built by Hyundai Mipo Dockyard Co., Ltd. (HMD) as part of a series

Gulf Craft to Invest $100m in Dubai Shipyard

Company plans to invest $100 million over the next five years in the development of a new shipyard in Dubai Maritime City to build a global luxury yachts manufacturing

Procedures for OPL Attendance at Mina Saqr

Saqr Port Authority has advised that, with effect from 16 October, new procedures will come into force for personnel attendance Off Port Limits (OPL). Documents

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Salvage Ship Electronics Ship Repair Ship Simulators
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: 0.1374 sec (7 req/sec)