SHIPPING + MARITIME-

Milaha + Summit Shipping launch Libya-Turkey service: Qatar Navigation (Milaha) and Singapore-registered freight outfit Summit Shipping Line launched the Turkey Libya Express Service, according to a press release (pdf). The weekly feeder service is geared toward main line operators and NVOCC carriers, with calls rotation comprising the following ports: Egypt’s Alexandria Old Port, Libya’s Misurata and Ambarli ports, and Turkey’s Izmit and Izmir ports. The service is slated to begin on 22 August.

About Summit Shipping Line: Summit Shipping Line specializes in regional feeder transportation logistics, operating in some 20 ports across the UAE, China, India, South Korea, Vietnam, Singapore, Malaysia, Indonesia, and Pakistan, according to its website. Summit Shipping Line’s general agent in Egypt is SeaGlory Shipping Agency, a joint venture between Finmar Group and Sharaf Group.

ZONES-

India’s GHV Infra secures contract for smart manufacturing hub in Rakez: Indian engineering and construction business Rana Group awarded India-based infrastructure firm GHV Infra Projects an AED 1.1 bn engineering, procurement, and construction (EPC) contract to develop industrial and commercial facilities at Rana’s Erisha Smart Manufacturing Hub in Ras Al Khaimah Economic Zone (Rakez), according to a press release (pdf). The project is scheduled for completion within 24 months, with an additional 90-day setup and mobilization period.

About the hub: Backed by a USD 1 bn investment from a UAE-based entity, the 25 mn sq ft hub will focus on products used for the green transition such as semiconductors and renewable energy equipment, group Chairman Darshan Rana said in a post on LinkedIn. Rana Group tapped a subsidiary of the China State Construction Engineering Company as the main EPC contractor for the hub, which aims to attract USD 10 bn in investments.

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