{"id":83435,"date":"2024-12-30T00:00:00","date_gmt":"2024-12-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/12\/30\/uae-gets-a-new-trade-link-to-china-via-pakistan\/"},"modified":"2024-12-30T00:00:00","modified_gmt":"2024-12-30T00:00:00","slug":"uae-gets-a-new-trade-link-to-china-via-pakistan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/12\/30\/uae-gets-a-new-trade-link-to-china-via-pakistan\/","title":{"rendered":"UAE gets a new trade link to China via Pakistan"},"content":{"rendered":"

\n

TRADE-<\/p>\n

<\/strong>UAE gets a new trade link to China via Pakistan<\/strong>:<\/strong> Pakistan\u2019s National Logistics Corporation (NLC) has launched a multimodal logistics route \u2014 named the Transports Internationalaux Routiers \u2014 linking the UAE to China via northern Pakistan\u2019s Khunjerab Pass, Arab News<\/a> reported on Saturday. <\/p>\n

How they\u2019ll do it: <\/strong>NLC will use trucks departing from Kashgar in China to Karachi in Pakistan to transport goods, which will then be moved from Karachi Port to Jebel Ali Port via a shipping service operated by the UAE\u2019s DP World, according to a statement<\/a>. The move looks to streamline cross-border trade through the implementation of an international customs transit framework throughout the route. <\/p>\n

\n

AVIATION-<\/p>\n

Iraq has plans for its <\/strong>aviation sector in 2025: <\/strong>Iraq\u2019s Transport Ministry plans to supervise several projects to develop infrastructure and enhance efficiency at Iraqi airports and in the civil aviation sector in 2025, according to a statement<\/a> published on Saturday. The projects include rehabilitating the primary and secondary Basra radar and installing a satellite station system (VSAT), according to the statement. <\/p>\n

ICYMI- <\/strong>Iraq issued a two-stage public tender in July<\/a> for a private partner to operate and develop Baghdad International Airport under a PPP contract, which aims \u201cto modernize and rehabilitate the airport infrastructure, expand passenger and cargo terminal facilities.\u201d<\/p>\n

\n

M&A WATCH-<\/p>\n

AD Ports Group has completed the integration of its recently acquired maritime and <\/strong>logistics firm, Noatum Group, into its business structure<\/strong>,<\/strong> according to an ADX disclosure (pdf)<\/a> last week. Noatum\u2019s corporate head office in Spain was incorporated into AD Ports\u2019 business verticals. The maritime unit of Noatum will become a new business segment within Safeen Group, renamed Noatum Maritime. Meanwhile, Noatum Terminals will be integrated into Noatum Ports, overseeing AD Ports Group\u2019s international port operations.<\/p>\n

REMEMBER-<\/strong> AD Ports fully acquired Spanish logistics company Noatum back in July 2023<\/a> in a EUR 660 mn transaction as part of a wider expansion plan. Noatum is present in US, Chinese, and Southeast Asian markets. The subsidiary has since acquired a majority stake<\/a> in Egyptian cargo services and maritime agency Safina BV, as part of its expansion across the MENA region.<\/p>\n

OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n