• 2007 April 16 05:31

    Saud opens two units of RAK Global Logistics

    Shaikh Saud bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah, yesterday inaugurated the RAK Global Logistics Park and Inland Container Depot set up by RAK Global Logistics LLC, a joint venture between RAK Ceramics PSC and Global Cargo System Ltd.
    The ultra-modern Logistics Park located at the heart of the fast growing industrial zone in Al Jazera Al Hamra of Ras Al Khaimah has a warehousing space of 2,500 square metres plus a 12-metre-high fully racked warehouse which is capable of storing and distributing around 10,000 cubic metres of cargo.
    The new Inland Container Depot is spread over 20,000 square metres and is equipped to handle 1,500 TEUs.
    Shaikh Saud said that the new facility would considerably enhance the logistics infrastructure of Ras Al Khaimah, thereby adding to its competitive advantages on the industrial and manufacturing front.
    "RAK today has a state-of-the-art container terminal and boasts the best bulk handling port in the region. We are also going ahead with the development of the RAK Port and the Al Jeer Port," he said, adding that these developments coupled with the expansion plans for the RAK Airport and the launch of RAK Airways would boost the logistics infrastructure of the emirate tremendously.
    Ven Govinda, CEO of RAK Global Logistics, said the new Inland Container Depot (ICD) will provide a cutting edge to the manufacturers for planning their loading and unloading.
    "The new ICD will meet the instant requirement of manufacturers and traders for efficient supply chain management. "To support the ICD operation we have formed a new company called RAK Global Transport LLC with the existing fleet of 50 trailers and trucks and to be expanded up to 200 units in the near future," he added.
    He said that RAK Global Logistics is interested in setting up a one million square metre RAK Logistics City near the Emirates Road.
    "This facility will provide an unparalleled infrastructure and flexibility to meet the growing demand of this blessed country and region.
    "The RAK Logistics City will invite all the multinational logistics operators, co-packers, to benefit from it."
    Govinda said that in its less than three years of operations, RAK Global Logistics (RGL) has been able to establish itself as a leading player in the logistics industry.
    "RGL now handles a volume of 60,000 TEUs in a year and as a group (RGL & Direct Shipping) handle a volume of 110,000 TEUs and expects to grow by at least 15 per cent annually. RGL handles export and import from 125 nations handling raw material to finished products," he said.
    "Within a short span of 30 months, we reached a sales turnover of Dh145 million and we will be touching Dh200 million this year," said Govinda.

2024 September 26

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2024 September 25

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10:43 Lloyd's Register, RINA, DNV, Bureau Veritas and ABS join forces to form Yacht Safety and Environmental Consortium
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2024 September 24

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2024 September 23

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2024 September 22

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