13.3 C
Hamburg
Saturday, May 17, 2025
Home News Fujairah Terminals and USI sign MoU

Fujairah Terminals and USI sign MoU

Fujairah Terminals has signed a Memorandum of Understanding (MoU) with United Steel Industries (USI), a premier manufacturer of rebars, rods and wire coils.

The agreement supports the handling of the company’s import and export shipments through Port of Fujairah and means Fujairah Terminals will facilitate all required logistics support for the company.

The MoU was signed by Ahmed Al Mutawa, CEO of Fujairah Terminals, and Mamed Magomadov, partner at United Steel Industries.

The partnership enables United Steel Industries to benefit from the Fujairah Terminals’ strategic location and platform to efficiently access the region.

“Our continued collaboration with United Steel Industries stems from our commitment to consistently play a vital role in supporting the economic and social development of the Emirate’s business community,” said Mutawa.

Read more on Arabian Industry.





Latest Posts

Hiab to invest over US$20 million in expanding and modernising Raisio Multilift facility

Hiab is committing €19 million (US$21.3 million) to expand and modernise its Multilift demountables production site in Raisio, Finland. The investment aims to upgrade both...

Iran’s shipping industry poised for revival as nuclear deal talks resurface

The potential revival of a nuclear agreement between Iran and the United States is raising hopes for a long-awaited resurgence in Iran’s shipping industry. ...

Deals with DP World and CMA CGM mark Syria’s return to global trade map

The Syrian government has entered into a landmark US$800 million memorandum of understanding with Dubai-based port operator DP World to transform the Port of...

Shippers wary of market manipulation via capacity management

A flood of new tonnage in the early part of this year suggests container rates will inevitably head into decline, but a series of...

CMA CGM implements PSS from Med to North America

French ocean carrier CMA CGM will introduce a Peak Season Surcharge (PSS) on shipments from the Mediterranean to the U.S. East Coast, U.S. Gulf,...
error: Content is protected !!