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DP World, Evyap Group merge Turkish operations to form major international logistics hub

The merger will result in a total of 2,088 meters of berthing space and the ability to accommodate more than one ultra-large container vessel at the same time at both terminals. (WAM)
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Updated 19 July 2024
Arab News
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DP World, Evyap Group merge Turkish operations to form major international logistics hub

  • Merger capitalizes on the strengths of two major ports on the Marmara Sea
Updated 19 July 2024
Arab News

DUBAI: Emirati logistics firm DP World and Evyap Group, a Turkiye-based consumer conglomerate, have merged their Turkish operations to form a new international logistics hub, Emirates News Agency reported.

The newly formed entity, DP World Evyap, sees DP World assume a 58 percent stake in Evyapport and Evyap Group secure a 42 percent share of DP World Yarımca.

It capitalizes on the strengths of two major ports on the Marmara Sea, enhancing Turkiye’s pivotal role in global trade. The key maritime gateways will be rebranded as DP World Evyap Yarımca and DP World Evyap Korfez.

DP World Evyap will help meet the region’s growing demand for sophisticated logistics, increase Turkiye’s export and import volumes, open up new sectors, and strengthen the country’s growing status as a major hub in global supply chains.

The merger will result in a total of 2,088 meters of berthing space and the ability to accommodate more than one ultra-large container vessel at the same time at both terminals. The total annual container handling capacity will also exceed 2 million TEUs, as the integrated operation expands to include project and heavy-lift cargo services.

Furthermore, DP World Evyap will benefit from advanced road and rail connections, as well as faster turnaround times, with a team of over 900 logistics experts geared to optimizing cargo journeys.

“DP World’s vision is to lead global trade to a stronger, more efficient and sustainable future. Our strategic partnership with Evyapport advances this strategy in Turkiye, one of our most important markets. We’re delighted to bring enhanced end-to-end solutions to our customers and the many benefits in speed and efficiency of this union,” DP World Group Chairman and CEO Sultan Ahmed bin Sulayem said.

Evyap Holding CEO Mehmed Evyap added: “This partnership combines the global expertise of DP World and the local knowledge of Evyapport and strengthens our presence in the port sector as we expand our investments in this field.

“The new company will shorten operation times, increase service diversity and add value to our customers and Turkiye’s trade with efficiencies achieved across the two partnership terminals.”

Topics: DP World

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Algeria president re-elected with 84.3 percent of votes: official results

Updated 8 sec ago
AFP
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Algeria president re-elected with 84.3 percent of votes: official results

Updated 8 sec ago
AFP

ALGIERS: Algeria's President Abdelmadjid Tebboune has won a second term with 84.3 percent of the votes in last week's election, according to final results announced Saturday by Omar Belhadj, president of the constitutional court.
Preliminary results issued by the North African country's electoral authority ANIE on Sunday gave the incumbent nearly 95 percent of the votes, prompting other candidates to challenge the tally.

Topics: Algeria Election Vote

Turkiye arrests suspected Istanbul church attack planner linked to Islamic State

Updated 2 min 1 sec ago
Reuters
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Turkiye arrests suspected Istanbul church attack planner linked to Islamic State

  • One Turkish citizen was killed by two Daesh gunmen at the Italian Santa Maria Catholic Church in Istanbul in January
Updated 2 min 1 sec ago
Reuters
ANKARA: Turkish authorities have arrested a Daesh militant believed to be involved in planning an attack on the Santa Maria Italian Church in Istanbul earlier this year, the country’s intelligence agency said on Saturday.
The National Intelligence Organization (MIT) said the suspect, whom it identified as Viskhan Soltamatov, was believed to be the key figure behind the Jan. 28, 2024 attack. He was detained by MIT and police during a joint operation in Istanbul, the agency said.
MIT said Soltamatov was also believed to have supplied the weapon used in the assault.
One Turkish citizen was killed by two Daesh gunmen at the Italian Santa Maria Catholic Church in Istanbul in January.
The church attack was orchestrated by IS-linked operatives from the group’s Khorasan Province (ISKP), a faction active in Afghanistan. In April, Turkiye had arrested 48 people believed to be linked to the attack.

Tunisian court orders electoral commission to reinstate presidential candidates

Updated 2 min 1 sec ago
Reuters
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Tunisian court orders electoral commission to reinstate presidential candidates

  • The move by the Administrative Court comes amid growing political tension in the North African country
  • Thousands of Tunisians took to the streets on Friday in the country’s biggest march in two years
Updated 2 min 1 sec ago
Reuters

TUNIS: Tunisia’s highest court on Saturday ordered the electoral commission to reinstate two candidates for a presidential poll in October, warning that failure to do so could jeopardize the legitimacy of the election.
The move by the Administrative Court comes amid growing political tension in the North African country and fears from the opposition and civil society groups about a rigged election that would lead to President Kais Saied winning a second term.
Thousands of Tunisians took to the streets on Friday in the country’s biggest march in two years, protesting against restrictions on freedoms and the undemocratic electoral climate.
The protesters chanted slogans including “Out with dictator Saied.”
Tensions mounted after the electoral commission earlier this month rejected the court’s decision to restore the candidacy of Abdellaif Mekki, Mondher Znaidi and Imed Daimi ahead of the Oct.6 race, citing alleged irregularities in their candidacy filings.
Major parties and civil society groups said that the commission, whose members were appointed by the president himself, had became a tool in the hands of the president against his rivals.
The head of the commission Farouk Bouasker has denied the accusations and said that “the commission is the only constitutional body entrusted with the integrity of the election.”
But the court said on Saturday that the commission is obligated to implement its decision and, if necessary, to review the electoral calendar. It is not clear if this means postponing the election or extending the campaign timeframe.
“Otherwise it would lead to an illegal situation that conflicts with the electoral law and the transparency of the electoral process,” it said.
The court asked Znaidi and Mekki to be included in the race, after they filed a new complaint against the commission’s decision. The third candidate, Daimi, has not filed a second appeal yet.
Saied was democratically elected in 2019, but then tightened his grip on power and began ruling by decree in 2021 in a move the opposition has described as a coup.

Topics: Tunisia

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Salvagers launch new attempt to tow an oil tanker blown up by Yemen’s Houthi rebels

Updated 14 September 2024
AP
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Salvagers launch new attempt to tow an oil tanker blown up by Yemen’s Houthi rebels

  • EU’s Operation Aspides published images dated Saturday of its vessels escorting ships heading to the Greek-flagged oil tanker Sounion
Updated 14 September 2024
AP

DUBAI: A new attempt has begun to try to salvage an oil tanker burning in the Red Sea after attacks by Yemen’s Houthi rebels, a European Union naval mission said Saturday.
The EU’s Operation Aspides published images dated Saturday of its vessels escorting ships heading to the Greek-flagged oil tanker Sounion.
The mission has “been actively involved in this complex endeavor, by creating a secure environment, which is necessary for the tugboats to conduct the towing operation,” the EU said.
A phone number for the mission rang unanswered Saturday.


The Sounion came under attack from the Houthis beginning Aug. 21. The vessel had been staffed by a crew of 25 Filipinos and Russians, as well as four private security personnel, who were taken by a French destroyer to nearby Djibouti.
The Houthis later planted explosives aboard the ship and detonated them. That’s led to fears the ship’s 1 million barrels of crude oil could spill into the Red Sea.
The Houthis have targeted more than 80 vessels with missiles and drones since the war in Gaza started in October. They seized one vessel and sank two in the campaign that also killed four sailors. One of the sunken vessels, the Tutor, went down after the Houthis planted explosives aboard it and after its crew abandoned it due to an earlier attack, the rebel group later acknowledged.
Other missiles and drones have either been intercepted by a US-led coalition in the Red Sea or failed to reach their targets.
The rebels maintain that they target ships linked to Israel, the US or the UK to force an end to Israel’s campaign against Hamas in Gaza. However, many of the ships attacked have little or no connection to the conflict, including some bound for Iran.

Topics: Yemen Houthi Red Sea

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Syria’s Assad names ex-minister Jalali to form cabinet

Updated 14 September 2024
Reuters
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Syria’s Assad names ex-minister Jalali to form cabinet

Updated 14 September 2024
Reuters

CAIRO: Syrian President Bashar Assad issued a decree naming former communications minister Mohammad Ghazi Al-Jalali to form a new cabinet, state media said on Saturday.
The new cabinet will replace an outgoing administration which has been serving in a caretaker role since parliamentary elections in mid-July.
Al-Jalali served as communications minister from 2014-2016. He has been subject to EU sanctions. 
since 2014 for his “responsibility for the regime’s violent repression of the civilian population.”
According to UN figures, at least 350,000 people have been killed in Syria’s civil war, which erupted in 2011 from an uprising against Assad’s rule. 

Topics: Syria Assad Cabinet

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