CMA CGM integrates GEFCO into CEVA brand
11.01.2023
Following the acquisition of GEFCO by French CMA CGM Group, the European automotive logistics provider's brand will now become CEVA Logistics.
In particular, CMA CGM's subsidiary CEVA Logistics announced on 10 January the creation of a dedicated Finished Vehicle Logistics (FVL) organisation as part of GEFCO integration process.
According to a statement, any GEFCO’s remaining business, mostly in contract logistics and ground transportation, is going to integrate into CEVA’s existing operations.
CEVA plans to finish integration activities and replace the GEFCO brand worldwide in the next months of the year.
The new product organisation will be under the director of former GEFCO COO Emmanuel Cheremetinski, who will lead a global team of approximately 4,000 employees.
NEXT50 Initiates Phase 1 Deployment Of Next-Generation Biometrics At Abu Dhabi International Airport
21.12.2022
NEXT50, an Abu Dhabi-based technology company, is well underway in delivering the first phase of the biometric initiative at Abu Dhabi International Airport. The project, which sees NEXT50 introduce its cutting-edge AI solutions alongside global artificial intelligence and technology solutions partners IDEMIA and SITA, will initially see the deployment of next-generation biometric solutions at select self-service baggage touchpoints, immigration e-gates, and boarding gates before implementing the technology across all passenger touchpoints in the airport.
“We are excited to be leading the biometrics project at the UAE capital’s state-of-the-art International Airport as part of the Emirate’s digital transformation vision,” said Ibrahim Al Mannaee, NEXT50’S Chief Executive Officer. “Once the project is fully realized, the airport will be the only airport in the region with biometric solutions implemented across all customer touchpoints, contributing to Abu Dhabi Airport’s vision to become the operator of the most technology-driven airport in the world, providing a seamless journey to all its passengers. We are proud to join forces with IDEMIA and SITA and offer our expertise in artificial intelligence and data sciences to make this initiative a reality.”
The Infrastructure Of Speed And Resilience
20.12.2022
The Kingdom of Saudi Arabia has set out on the path to rapid transformation in its pursuit to diversify away from an economy which is over-dependent on oil. Driven by the ambitious ‘Saudi Arabia Vision 2030’ and powered in large part by lucrative revenues from high oil prices, the Kingdom has announced a series of mega-projects, development plans and initiatives, which are unparalleled in scale and unprecedented in what they aim to achieve and deliver.
As recently as October, 2022, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister and Chairman of the Council for Economic and Development Affairs, announced the launch of the Global Supply Chain Resilience Initiative (GSCRI). Under the GSCRI, ‘SAR 10 Billion (USD 2.7 Billion) has been earmarked to support several initiatives, including financial and non-financial support for global investors interested in incorporating Saudi Arabia in their supply chains. The initiative will support growth in key sectors and is expected to attract investments of SAR 40 Billion (USD 10.7 Billion) within the first two years of being launched.
CMA CGM Nears Deal for New York, New Jersey Container Terminals
07.12.2022
CMA CGM SA has agreed to buy two major US shipping terminals owned by Global Container Terminals Inc to bolster the French logistics company’s presence in the country.
The acquisition gives CMA CGM a gateway on the US east coast and strengthens its position as global port terminal operator, the company said Tuesday, confirming an earlier Bloomberg News report. Financial details for the transaction to buy the terminals in the state of New York and New Jersey weren’t disclosed.
AD Ports Group Inks Topside Infrastructure Agreement For CMA Terminals Khalifa Port With China Harbour Engineering Company
25.11.2022
AD Ports Group has signed a contract with China Harbour Engineering Company for the development of buildings and topside infrastructure for the cutting-edge CMA Terminals Khalifa Port, a joint venture owned by CMA CGM’s subsidiary CMA Terminals (70% stake) and AD Ports Group (30%t stake).
The agreement includes the development of the first net zero carbon administration building to be constructed for the joint venture, which is being developed in-line with the company’s role as an official partner of World Green Building Council’s Middle East & North Africa Regional Network. The award-winning administration building, which won the Net Zero Design Building Project of the Year in October, will be a highly energy efficient building that is powered from renewable energy sources and offsets.
In addition, the agreement will see the development of 28 office and utilities across the terminal, more than one million square metres of yard paving, reefer stacks, STS cranes and access roads.