{"id":78960,"date":"2024-06-03T00:00:00","date_gmt":"2024-06-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/dp-world-puts-cars-into-containers-ad-ports-drops-lawsuit-against-bildco-dic-kicks-off-senegal-morocco-roadshow\/"},"modified":"2024-06-03T00:00:00","modified_gmt":"2024-06-03T00:00:00","slug":"dp-world-puts-cars-into-containers-ad-ports-drops-lawsuit-against-bildco-dic-kicks-off-senegal-morocco-roadshow","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/dp-world-puts-cars-into-containers-ad-ports-drops-lawsuit-against-bildco-dic-kicks-off-senegal-morocco-roadshow\/","title":{"rendered":"DP World puts cars into containers, AD Ports drops lawsuit against Bildco, DIC kicks off Senegal + Morocco roadshow"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">SUPPLY CHAINS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DP World debuts \u201ccars in containers\u201d:<\/strong> DP World has designed a 53-foot intermodal container with racking systems to transport cars via rail from Mexico to the United States and Canada, according to a <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/news\/releases\/dp-world-provides-new-finished-vehicle-solution-for-essential-mexico-united-states-trade-route\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The containers \u2014 which can take up to six vehicles \u2014 should enhance efficiency and reduce costs for original equipment manufacturers (OEMs) in Mexico.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The mechanisms: <\/strong>The service will load finished vehicles into containers directly at Mexican factories or specialized stuffing yards that are close to manufacturing hubs. The containers will then be transported into intermodal rail ramps and moved by rail to destinations including Los Angeles, Chicago, Detroit, and Toronto. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DISPUTE WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AD Ports drops lawsuit <\/strong><strong>over rental receivables claim: <\/strong><a target=\"_blank\" href=\"https:\/\/bildco.ae\/\" style=\"\" rel=\"noopener\">Abu Dhabi National for Building<\/a><a target=\"_blank\" href=\"https:\/\/bildco.ae\/\" style=\"\" rel=\"noopener\">Materials<\/a> (Bildco) has approved a settlement agreement with AD Ports resolving an AED 13.9 mn rental receivables claim, the company said in an <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/2585.pdf\" style=\"\" rel=\"noopener\">ADX disclosure (pdf)<\/a> last week. AD Ports previously filed a lawsuit against Bildco to claim a debt balance from rental receivables, which amounted to AED 13.9 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> AD Ports will write off some AED 7.9 mn of the debt, with the remaining AED 6 mn to be paid in installments under a debt restructuring process, ending on 31 March 2025. The agreement saw AD Ports waive all lawsuits against the company. Bildco\u2019s board will convene a general assembly meeting in the first week of July to finalize the settlement with FAB. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TRADE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai Chamber land in Senegal, Morocco:<\/strong> The Dubai International Chamber (DIC) will kick off a trade mission to Senegal and Morocco today to 7 June as part of its African roadshow aimed at promoting and expanding Dubai-based companies\u2019 foothold in the continent, according to a <a target=\"_blank\" href=\"https:\/\/www.dubaichamberinternational.com\/en\/news\/dubai-international-chamber-trade-mission-set-to-strengthen-partnerships-with-business-communities-in-senegal-and-morocco\/\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The trade mission\u2019s agenda will include holding meetings between Dubai-based companies and their counterparts in Senegal and Morocco, with a focus on exploring collaboration, expansion strategies, and forging new partnerships and trade agreements. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Etihad Airways + Beijing airport ink cargo MoU<\/strong><strong>: <\/strong>Etihad Airways and Beijing Daxing International Airport have signed an agreement to increase cargo trips between the UAE and China as well as cooperate on technology initiatives to boost operational efficiency. (<a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3fhn5t-etihad-airways-beijing-daxing-international\" style=\"\" rel=\"noopener\">Wam<\/a>)<\/li>\n<li><strong>Vestas to christen Maersk\u2019s methanol-powered vessel<\/strong><strong>: <\/strong>Green energy leader Vestas will christen Maersk\u2019s new methanol-enabled vessel at a naming ceremony in August. (<a target=\"_blank\" href=\"https:\/\/x.com\/Maersk\/status\/1796435250509443293\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>SCZone getting new <\/strong><strong>digitalization system:<\/strong> Egypt\u2019s Suez Canal Economic Zone (SCZone) and the country\u2019s Customs Authority have inked a cooperation protocol to provide a digitalization system for the SCZone\u2019s projects and logistics center. (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/sczoneegy_%D9%81%D9%8A-%D8%A5%D8%B7%D8%A7%D8%B1-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A9-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A9-%D9%86%D8%AD%D9%88-%D8%A7%D9%84%D8%AA%D8%AD%D9%88%D9%84-%D8%A7%D9%84%D8%B1%D9%82%D9%85%D9%8A-activity-7201885859015495680-tD19?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Air Arabia opens new base at Morocco airport:<\/strong> UAE budget airline Air Arabia has inaugurated a new air base at Morocco\u2019s Rabat-Sale Airport, and is launching new routes to a number of key European cities. The carrier also launched 14 weekly international flights and three additional domestic flights. (<a target=\"_blank\" href=\"https:\/\/www.moroccoworldnews.com\/2024\/05\/362927\/air-arabia-opens-new-base-at-rabat-sale-airport\" style=\"\" rel=\"noopener\">Morocco World News<\/a>)<\/li>\n<li><strong>Qatar Airways inaugurates new flight to Congo: <\/strong>Qatar Airways will operate four new weekly flights from Doha to N\u2019djili International Airport in Kinshasa, DR Congo. The new route will also increase capacity to Luanda, Angola from one flight to four. (<a target=\"_blank\" href=\"https:\/\/www.qatarairways.com\/press-releases\/en-WW\/238099-qatar-airways-touches-down-for-the-first-time-in-kinshasa-democratic-republic-of-the-congo\" style=\"\" rel=\"noopener\">Press release<\/a>)<\/li>\n<li><strong>F<\/strong><strong>lynas launches Dammam-Najaf flights:<\/strong> Flynas is operating three flights a week between Dammam, Saudi Arabia and Najaf, Iraq. (<a target=\"_blank\" href=\"https:\/\/x.com\/flynas\/status\/1796849725955776925\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Salam Air flies to Delhi: <\/strong>Oman\u2019s low-budget carrier Salam Air will start operating two direct flights a week to Delhi, India starting 2 July. (<a target=\"_blank\" href=\"https:\/\/x.com\/SalamAir\/status\/1795790549233922311\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>AD Ports will write off some of Bildco\u2019s debts and reschedule balance<\/p>\n","protected":false},"author":1,"featured_media":78961,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[63],"tags":[62,162,49,32,129],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-78960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-e-commerce","tag-egypt","tag-trade","tag-uae","wpautop","entry"],"acf":{"mongo_id":"339e0cec-bfd8-4274-9685-cdfe62267dcc","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/177.jpg","photo_position":"above","homepage_title":"","full_issue_title":"DP World puts cars into containers, AD Ports drops lawsuit against Bildco, DIC kicks off Senegal + Morocco roadshow","related_issue":[78941],"teaser":"AD Ports will write off some of Bildco\u2019s debts and reschedule balance","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.e3b5244d-40bc-49ee-88bb-5a523bfe0059.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>DP World puts cars into containers, AD Ports drops lawsuit against Bildco, DIC kicks off Senegal + Morocco roadshow - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2024\/06\/03\/dp-world-puts-cars-into-containers-ad-ports-drops-lawsuit-against-bildco-dic-kicks-off-senegal-morocco-roadshow\/\" \/>\n<meta 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