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Bilbao to host the Project Cargo Summit

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On 16 and 17 September, for the third consecutive year, Bilbao will once again become the capital of the project cargo industry by hosting the Project Cargo Summit, the annual event that brings together professionals, logistics operators, shipping lines, ports, freight forwarders and specialist companies from around the world to discuss the major challenges that are transforming the sector.

Over the course of two days, the summit, which has chosen the theme “The advantage of change: turning volatility into value”, will address the challenges and opportunities facing the project cargo, breakbulk and heavy lift sectors, ranging from geopolitical uncertainty and changes in trade policies to the energy transition, fleet developments and the evolving needs of logistics chains. The event programme includes a comprehensive schedule of conferences, panel discussions and informative presentations, as well as networking opportunities.

The event will begin on Wednesday 16 September with a visit to the facilities of Navacel on the Bilbao river estuary, where industry professionals will be given a first-hand insight into the industrial ecosystem of the Port of Bilbao and its role in supporting offshore wind and marine energy projects. During the site visit, participants will see how large offshore structures are manufactured, assembled and transported through industrial operations that combine manufacturing, machining and logistics on the quayside itself.

On Thursday 17 September, the event will move to the Carlton Hotel in Bilbao, where Ivan Jimenez, president of the Bilbao Port Authority, will open proceedings by highlighting the role played by Bilbao as a leading European hub for project cargo and breakbulk. Both of these strategic sectors have particularly demanding requirements, and the local hinterland and port community are exceptionally well-equipped to provide multimodal solutions and handle oversized and heavy-lift items, machinery, industrial and energy components and complex door-to-door projects.

This will be followed by three separate sessions, with the titles ‘Winning through geopolitical volatility’; ‘The energy transition – ambition meets reality’; and ‘The next wave of logistics innovation’. Andima Ormaetxe, Director of Operations, Commercial Affairs and Logistics at the Bilbao Port Authority, will take part in the third of these sessions, specifically in the debate ‘Agile port: specialised player or an adaptable hub?’.

Together with Ian Palacio, Business Development Manager at Portsmouth International Port; Tacy Jin, Business Development Manager at the Port of Esbjerg; and Albert Pegg, Senior Vice President at Apollo Global Experts Network, Ormaetxe will discuss the increasingly important role that ports are playing as cargo flows grow more complex and demanding. The panel will also debate whether the optimal model is a highly specialised project cargo player or a more versatile and adaptable logistics hub, weighing up the advantages and disadvantages that each approach offers for ports and their customers.

The recent operation involving the transport of the largest monopiles ever built in southern Europe is a clear example of the capacity of the Port of Bilbao and its port community to handle, load and transport cargo of any weight, size and/or nature. This operation has further consolidated the status of Bilbao as a strategic hub for the wind power industry and the energy transition, as well as for the logistics of industrial components.

With a diameter of 11 metres, a length of over 105 metres and a weight of over 2,300 tonnes, the monopiles manufactured by Haizea Wind Group at its own port facilities in Bilbao have been delivered to the Danish company Ørsted for installation in the world’s largest offshore wind farm, in the North Sea, set to have a capacity of 2.9 GW and to supply clean energy to more than 3.3 million households.

 
 

On 16 and 17 September, for the third consecutive year, Bilbao will once again become the capital of the project cargo industry by hosting the Project Cargo Summit, the annual event that brings together professionals, logistics operators, shipping lines, ports, freight forwarders and specialist companies from around the world to discuss the major challenges that are transforming the sector.

Over the course of two days, the summit, which has chosen the theme “The advantage of change: turning volatility into value”, will address the challenges and opportunities facing the project cargo, breakbulk and heavy lift sectors, ranging from geopolitical uncertainty and changes in trade policies to the energy transition, fleet developments and the evolving needs of logistics chains. The event programme includes a comprehensive schedule of conferences, panel discussions and informative presentations, as well as networking opportunities.

The event will begin on Wednesday 16 September with a visit to the facilities of Navacel on the Bilbao river estuary, where industry professionals will be given a first-hand insight into the industrial ecosystem of the Port of Bilbao and its role in supporting offshore wind and marine energy projects. During the site visit, participants will see how large offshore structures are manufactured, assembled and transported through industrial operations that combine manufacturing, machining and logistics on the quayside itself.

On Thursday 17 September, the event will move to the Carlton Hotel in Bilbao, where Ivan Jimenez, president of the Bilbao Port Authority, will open proceedings by highlighting the role played by Bilbao as a leading European hub for project cargo and breakbulk. Both of these strategic sectors have particularly demanding requirements, and the local hinterland and port community are exceptionally well-equipped to provide multimodal solutions and handle oversized and heavy-lift items, machinery, industrial and energy components and complex door-to-door projects.

This will be followed by three separate sessions, with the titles ‘Winning through geopolitical volatility’; ‘The energy transition – ambition meets reality’; and ‘The next wave of logistics innovation’. Andima Ormaetxe, Director of Operations, Commercial Affairs and Logistics at the Bilbao Port Authority, will take part in the third of these sessions, specifically in the debate ‘Agile port: specialised player or an adaptable hub?’.

Together with Ian Palacio, Business Development Manager at Portsmouth International Port; Tacy Jin, Business Development Manager at the Port of Esbjerg; and Albert Pegg, Senior Vice President at Apollo Global Experts Network, Ormaetxe will discuss the increasingly important role that ports are playing as cargo flows grow more complex and demanding. The panel will also debate whether the optimal model is a highly specialised project cargo player or a more versatile and adaptable logistics hub, weighing up the advantages and disadvantages that each approach offers for ports and their customers.

The recent operation involving the transport of the largest monopiles ever built in southern Europe is a clear example of the capacity of the Port of Bilbao and its port community to handle, load and transport cargo of any weight, size and/or nature. This operation has further consolidated the status of Bilbao as a strategic hub for the wind power industry and the energy transition, as well as for the logistics of industrial components.

With a diameter of 11 metres, a length of over 105 metres and a weight of over 2,300 tonnes, the monopiles manufactured by Haizea Wind Group at its own port facilities in Bilbao have been delivered to the Danish company Ørsted for installation in the world’s largest offshore wind farm, in the North Sea, set to have a capacity of 2.9 GW and to supply clean energy to more than 3.3 million households.

 
 

14 September 2026 |

DP World and GulfCap sign Shareholders Agreement.

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DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the joint venture behind the planned 222-hectare Special Economic Zone (SEZ).

The agreement, signed in Nairobi in the presence of His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, builds on the partnership announced by DP World and GulfCap Africa in early August and advances plans for the development.

The first phase of the SEZ will cover 40 hectares, with the full development designed to attract foreign direct investment, expand local manufacturing capacity and strengthen connections between Kenyan businesses and regional and international markets.

More than 60 local and international companies have already expressed interest in taking up space in the SEZ, while the development is expected to support more than 20,000 direct and indirect jobs upon completion.

The development is also expected to create opportunities for Kenyan suppliers and service providers, including small and medium-sized enterprises (SMEs) and support their integration of Kenyan companies into regional and global supply chains. Businesses operating within the park will be positioned to benefit Kenya’s access to key markets through the African Continental Free Trade Area (AfCFTA), its Economic Partnership Agreement with the European Union, and the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates.

Speaking at the signing ceremony, His Excellency William Samoei Ruto, President of the Republic of Kenya said: “Today we are taking an important step towards Kenya’s future economy. The tripartite agreement between DP World, Country Government of Mombasa and GulfCap demonstrates what is possible when government creates the right environment for business. Government will support this industrial ambition with the infrastructure required to make it competitive. Our objective is to lower the cost of production so that goods made in Kenya can compete successfully in the region and the global market.”

His Excellency Essa Kazim, Group Chairman of DP World, said: “Kenya is a market of strategic importance to DP World and this agreement reflects our confidence in its long-term growth. Our investment in the Mombasa Industrial Park is about creating the infrastructure that enables trade, attracts new industries and connects Kenyan businesses more efficiently with markets across Africa and the world. Together with GulfCap Africa, we are moving from ambition to delivery. The opportunity is not simply to build an industrial park, but to create a platform for investment, manufacturing and trade that can generate lasting economic value for Kenya and the wider region.”

Mohammed Akoojee, CEO and Managing Director, Africa, DP World, said: “This agreement marks an important step in the development of the Mombasa Industrial Park and reinforces our long-term commitment to Kenya. By bringing industrial capacity and logistics infrastructure closer together, we can help businesses access markets more efficiently while creating a platform to attract new investment and manufacturing to the country. Our focus is on moving the development forward and building an ecosystem that supports businesses in Kenya while strengthening Mombasa’s role as a trade gateway.”

Suleiman Shahbal, Founder of GulfCap Africa, said: “Our partnership with DP World represents a new chapter for industrial development in Mombasa. The Mombasa Industrial Park is designed to create an environment where infrastructure, logistics and investment can come together to support business growth. Upon completion, the social- economic impact of the park will be huge. The multiplier effect of the project is expected to lead to the creation of over 20,000 jobs directly and indirectly, positively impacting on the livelihood of thousands of Kenyans. So far, over 60 local and international companies have expressed interest to take up space in the SEZ.”

DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the joint venture behind the planned 222-hectare Special Economic Zone (SEZ).

The agreement, signed in Nairobi in the presence of His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, builds on the partnership announced by DP World and GulfCap Africa in early August and advances plans for the development.

The first phase of the SEZ will cover 40 hectares, with the full development designed to attract foreign direct investment, expand local manufacturing capacity and strengthen connections between Kenyan businesses and regional and international markets.

More than 60 local and international companies have already expressed interest in taking up space in the SEZ, while the development is expected to support more than 20,000 direct and indirect jobs upon completion.

The development is also expected to create opportunities for Kenyan suppliers and service providers, including small and medium-sized enterprises (SMEs) and support their integration of Kenyan companies into regional and global supply chains. Businesses operating within the park will be positioned to benefit Kenya’s access to key markets through the African Continental Free Trade Area (AfCFTA), its Economic Partnership Agreement with the European Union, and the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates.

Speaking at the signing ceremony, His Excellency William Samoei Ruto, President of the Republic of Kenya said: “Today we are taking an important step towards Kenya’s future economy. The tripartite agreement between DP World, Country Government of Mombasa and GulfCap demonstrates what is possible when government creates the right environment for business. Government will support this industrial ambition with the infrastructure required to make it competitive. Our objective is to lower the cost of production so that goods made in Kenya can compete successfully in the region and the global market.”

His Excellency Essa Kazim, Group Chairman of DP World, said: “Kenya is a market of strategic importance to DP World and this agreement reflects our confidence in its long-term growth. Our investment in the Mombasa Industrial Park is about creating the infrastructure that enables trade, attracts new industries and connects Kenyan businesses more efficiently with markets across Africa and the world. Together with GulfCap Africa, we are moving from ambition to delivery. The opportunity is not simply to build an industrial park, but to create a platform for investment, manufacturing and trade that can generate lasting economic value for Kenya and the wider region.”

Mohammed Akoojee, CEO and Managing Director, Africa, DP World, said: “This agreement marks an important step in the development of the Mombasa Industrial Park and reinforces our long-term commitment to Kenya. By bringing industrial capacity and logistics infrastructure closer together, we can help businesses access markets more efficiently while creating a platform to attract new investment and manufacturing to the country. Our focus is on moving the development forward and building an ecosystem that supports businesses in Kenya while strengthening Mombasa’s role as a trade gateway.”

Suleiman Shahbal, Founder of GulfCap Africa, said: “Our partnership with DP World represents a new chapter for industrial development in Mombasa. The Mombasa Industrial Park is designed to create an environment where infrastructure, logistics and investment can come together to support business growth. Upon completion, the social- economic impact of the park will be huge. The multiplier effect of the project is expected to lead to the creation of over 20,000 jobs directly and indirectly, positively impacting on the livelihood of thousands of Kenyans. So far, over 60 local and international companies have expressed interest to take up space in the SEZ.”

10 September 2026 |

DP World and GulfCap sign Shareholders Agreement.

0

DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the joint venture behind the planned 222-hectare Special Economic Zone (SEZ).

The agreement, signed in Nairobi in the presence of His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, builds on the partnership announced by DP World and GulfCap Africa in early August and advances plans for the development.

The first phase of the SEZ will cover 40 hectares, with the full development designed to attract foreign direct investment, expand local manufacturing capacity and strengthen connections between Kenyan businesses and regional and international markets.

More than 60 local and international companies have already expressed interest in taking up space in the SEZ, while the development is expected to support more than 20,000 direct and indirect jobs upon completion.

The development is also expected to create opportunities for Kenyan suppliers and service providers, including small and medium-sized enterprises (SMEs) and support their integration of Kenyan companies into regional and global supply chains. Businesses operating within the park will be positioned to benefit Kenya’s access to key markets through the African Continental Free Trade Area (AfCFTA), its Economic Partnership Agreement with the European Union, and the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates.

Speaking at the signing ceremony, His Excellency William Samoei Ruto, President of the Republic of Kenya said: “Today we are taking an important step towards Kenya’s future economy. The tripartite agreement between DP World, Country Government of Mombasa and GulfCap demonstrates what is possible when government creates the right environment for business. Government will support this industrial ambition with the infrastructure required to make it competitive. Our objective is to lower the cost of production so that goods made in Kenya can compete successfully in the region and the global market.”

His Excellency Essa Kazim, Group Chairman of DP World, said: “Kenya is a market of strategic importance to DP World and this agreement reflects our confidence in its long-term growth. Our investment in the Mombasa Industrial Park is about creating the infrastructure that enables trade, attracts new industries and connects Kenyan businesses more efficiently with markets across Africa and the world. Together with GulfCap Africa, we are moving from ambition to delivery. The opportunity is not simply to build an industrial park, but to create a platform for investment, manufacturing and trade that can generate lasting economic value for Kenya and the wider region.”

Mohammed Akoojee, CEO and Managing Director, Africa, DP World, said: “This agreement marks an important step in the development of the Mombasa Industrial Park and reinforces our long-term commitment to Kenya. By bringing industrial capacity and logistics infrastructure closer together, we can help businesses access markets more efficiently while creating a platform to attract new investment and manufacturing to the country. Our focus is on moving the development forward and building an ecosystem that supports businesses in Kenya while strengthening Mombasa’s role as a trade gateway.”

Suleiman Shahbal, Founder of GulfCap Africa, said: “Our partnership with DP World represents a new chapter for industrial development in Mombasa. The Mombasa Industrial Park is designed to create an environment where infrastructure, logistics and investment can come together to support business growth. Upon completion, the social- economic impact of the park will be huge. The multiplier effect of the project is expected to lead to the creation of over 20,000 jobs directly and indirectly, positively impacting on the livelihood of thousands of Kenyans. So far, over 60 local and international companies have expressed interest to take up space in the SEZ.”

DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the joint venture behind the planned 222-hectare Special Economic Zone (SEZ).

The agreement, signed in Nairobi in the presence of His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, builds on the partnership announced by DP World and GulfCap Africa in early August and advances plans for the development.

The first phase of the SEZ will cover 40 hectares, with the full development designed to attract foreign direct investment, expand local manufacturing capacity and strengthen connections between Kenyan businesses and regional and international markets.

More than 60 local and international companies have already expressed interest in taking up space in the SEZ, while the development is expected to support more than 20,000 direct and indirect jobs upon completion.

The development is also expected to create opportunities for Kenyan suppliers and service providers, including small and medium-sized enterprises (SMEs) and support their integration of Kenyan companies into regional and global supply chains. Businesses operating within the park will be positioned to benefit Kenya’s access to key markets through the African Continental Free Trade Area (AfCFTA), its Economic Partnership Agreement with the European Union, and the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates.

Speaking at the signing ceremony, His Excellency William Samoei Ruto, President of the Republic of Kenya said: “Today we are taking an important step towards Kenya’s future economy. The tripartite agreement between DP World, Country Government of Mombasa and GulfCap demonstrates what is possible when government creates the right environment for business. Government will support this industrial ambition with the infrastructure required to make it competitive. Our objective is to lower the cost of production so that goods made in Kenya can compete successfully in the region and the global market.”

His Excellency Essa Kazim, Group Chairman of DP World, said: “Kenya is a market of strategic importance to DP World and this agreement reflects our confidence in its long-term growth. Our investment in the Mombasa Industrial Park is about creating the infrastructure that enables trade, attracts new industries and connects Kenyan businesses more efficiently with markets across Africa and the world. Together with GulfCap Africa, we are moving from ambition to delivery. The opportunity is not simply to build an industrial park, but to create a platform for investment, manufacturing and trade that can generate lasting economic value for Kenya and the wider region.”

Mohammed Akoojee, CEO and Managing Director, Africa, DP World, said: “This agreement marks an important step in the development of the Mombasa Industrial Park and reinforces our long-term commitment to Kenya. By bringing industrial capacity and logistics infrastructure closer together, we can help businesses access markets more efficiently while creating a platform to attract new investment and manufacturing to the country. Our focus is on moving the development forward and building an ecosystem that supports businesses in Kenya while strengthening Mombasa’s role as a trade gateway.”

Suleiman Shahbal, Founder of GulfCap Africa, said: “Our partnership with DP World represents a new chapter for industrial development in Mombasa. The Mombasa Industrial Park is designed to create an environment where infrastructure, logistics and investment can come together to support business growth. Upon completion, the social- economic impact of the park will be huge. The multiplier effect of the project is expected to lead to the creation of over 20,000 jobs directly and indirectly, positively impacting on the livelihood of thousands of Kenyans. So far, over 60 local and international companies have expressed interest to take up space in the SEZ.”

10 September 2026 |

DP World and GulfCap sign Shareholders Agreement.

0

DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the joint venture behind the planned 222-hectare Special Economic Zone (SEZ).

The agreement, signed in Nairobi in the presence of His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, builds on the partnership announced by DP World and GulfCap Africa in early August and advances plans for the development.

The first phase of the SEZ will cover 40 hectares, with the full development designed to attract foreign direct investment, expand local manufacturing capacity and strengthen connections between Kenyan businesses and regional and international markets.

More than 60 local and international companies have already expressed interest in taking up space in the SEZ, while the development is expected to support more than 20,000 direct and indirect jobs upon completion.

The development is also expected to create opportunities for Kenyan suppliers and service providers, including small and medium-sized enterprises (SMEs) and support their integration of Kenyan companies into regional and global supply chains. Businesses operating within the park will be positioned to benefit Kenya’s access to key markets through the African Continental Free Trade Area (AfCFTA), its Economic Partnership Agreement with the European Union, and the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates.

Speaking at the signing ceremony, His Excellency William Samoei Ruto, President of the Republic of Kenya said: “Today we are taking an important step towards Kenya’s future economy. The tripartite agreement between DP World, Country Government of Mombasa and GulfCap demonstrates what is possible when government creates the right environment for business. Government will support this industrial ambition with the infrastructure required to make it competitive. Our objective is to lower the cost of production so that goods made in Kenya can compete successfully in the region and the global market.”

His Excellency Essa Kazim, Group Chairman of DP World, said: “Kenya is a market of strategic importance to DP World and this agreement reflects our confidence in its long-term growth. Our investment in the Mombasa Industrial Park is about creating the infrastructure that enables trade, attracts new industries and connects Kenyan businesses more efficiently with markets across Africa and the world. Together with GulfCap Africa, we are moving from ambition to delivery. The opportunity is not simply to build an industrial park, but to create a platform for investment, manufacturing and trade that can generate lasting economic value for Kenya and the wider region.”

Mohammed Akoojee, CEO and Managing Director, Africa, DP World, said: “This agreement marks an important step in the development of the Mombasa Industrial Park and reinforces our long-term commitment to Kenya. By bringing industrial capacity and logistics infrastructure closer together, we can help businesses access markets more efficiently while creating a platform to attract new investment and manufacturing to the country. Our focus is on moving the development forward and building an ecosystem that supports businesses in Kenya while strengthening Mombasa’s role as a trade gateway.”

Suleiman Shahbal, Founder of GulfCap Africa, said: “Our partnership with DP World represents a new chapter for industrial development in Mombasa. The Mombasa Industrial Park is designed to create an environment where infrastructure, logistics and investment can come together to support business growth. Upon completion, the social- economic impact of the park will be huge. The multiplier effect of the project is expected to lead to the creation of over 20,000 jobs directly and indirectly, positively impacting on the livelihood of thousands of Kenyans. So far, over 60 local and international companies have expressed interest to take up space in the SEZ.”

DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the joint venture behind the planned 222-hectare Special Economic Zone (SEZ).

The agreement, signed in Nairobi in the presence of His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, builds on the partnership announced by DP World and GulfCap Africa in early August and advances plans for the development.

The first phase of the SEZ will cover 40 hectares, with the full development designed to attract foreign direct investment, expand local manufacturing capacity and strengthen connections between Kenyan businesses and regional and international markets.

More than 60 local and international companies have already expressed interest in taking up space in the SEZ, while the development is expected to support more than 20,000 direct and indirect jobs upon completion.

The development is also expected to create opportunities for Kenyan suppliers and service providers, including small and medium-sized enterprises (SMEs) and support their integration of Kenyan companies into regional and global supply chains. Businesses operating within the park will be positioned to benefit Kenya’s access to key markets through the African Continental Free Trade Area (AfCFTA), its Economic Partnership Agreement with the European Union, and the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates.

Speaking at the signing ceremony, His Excellency William Samoei Ruto, President of the Republic of Kenya said: “Today we are taking an important step towards Kenya’s future economy. The tripartite agreement between DP World, Country Government of Mombasa and GulfCap demonstrates what is possible when government creates the right environment for business. Government will support this industrial ambition with the infrastructure required to make it competitive. Our objective is to lower the cost of production so that goods made in Kenya can compete successfully in the region and the global market.”

His Excellency Essa Kazim, Group Chairman of DP World, said: “Kenya is a market of strategic importance to DP World and this agreement reflects our confidence in its long-term growth. Our investment in the Mombasa Industrial Park is about creating the infrastructure that enables trade, attracts new industries and connects Kenyan businesses more efficiently with markets across Africa and the world. Together with GulfCap Africa, we are moving from ambition to delivery. The opportunity is not simply to build an industrial park, but to create a platform for investment, manufacturing and trade that can generate lasting economic value for Kenya and the wider region.”

Mohammed Akoojee, CEO and Managing Director, Africa, DP World, said: “This agreement marks an important step in the development of the Mombasa Industrial Park and reinforces our long-term commitment to Kenya. By bringing industrial capacity and logistics infrastructure closer together, we can help businesses access markets more efficiently while creating a platform to attract new investment and manufacturing to the country. Our focus is on moving the development forward and building an ecosystem that supports businesses in Kenya while strengthening Mombasa’s role as a trade gateway.”

Suleiman Shahbal, Founder of GulfCap Africa, said: “Our partnership with DP World represents a new chapter for industrial development in Mombasa. The Mombasa Industrial Park is designed to create an environment where infrastructure, logistics and investment can come together to support business growth. Upon completion, the social- economic impact of the park will be huge. The multiplier effect of the project is expected to lead to the creation of over 20,000 jobs directly and indirectly, positively impacting on the livelihood of thousands of Kenyans. So far, over 60 local and international companies have expressed interest to take up space in the SEZ.”

10 September 2026 |

DP World and GulfCap sign Shareholders Agreement

0

DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the joint venture behind the planned 222-hectare Special Economic Zone (SEZ).

The agreement, signed in Nairobi in the presence of His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, builds on the partnership announced by DP World and GulfCap Africa in early August and advances plans for the development.

The first phase of the SEZ will cover 40 hectares, with the full development designed to attract foreign direct investment, expand local manufacturing capacity and strengthen connections between Kenyan businesses and regional and international markets.

More than 60 local and international companies have already expressed interest in taking up space in the SEZ, while the development is expected to support more than 20,000 direct and indirect jobs upon completion.

The development is also expected to create opportunities for Kenyan suppliers and service providers, including small and medium-sized enterprises (SMEs) and support their integration of Kenyan companies into regional and global supply chains. Businesses operating within the park will be positioned to benefit Kenya’s access to key markets through the African Continental Free Trade Area (AfCFTA), its Economic Partnership Agreement with the European Union, and the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates.

Speaking at the signing ceremony, His Excellency William Samoei Ruto, President of the Republic of Kenya said: “Today we are taking an important step towards Kenya’s future economy. The tripartite agreement between DP World, Country Government of Mombasa and GulfCap demonstrates what is possible when government creates the right environment for business. Government will support this industrial ambition with the infrastructure required to make it competitive. Our objective is to lower the cost of production so that goods made in Kenya can compete successfully in the region and the global market.”

His Excellency Essa Kazim, Group Chairman of DP World, said: “Kenya is a market of strategic importance to DP World and this agreement reflects our confidence in its long-term growth. Our investment in the Mombasa Industrial Park is about creating the infrastructure that enables trade, attracts new industries and connects Kenyan businesses more efficiently with markets across Africa and the world. Together with GulfCap Africa, we are moving from ambition to delivery. The opportunity is not simply to build an industrial park, but to create a platform for investment, manufacturing and trade that can generate lasting economic value for Kenya and the wider region.”

Mohammed Akoojee, CEO and Managing Director, Africa, DP World, said: “This agreement marks an important step in the development of the Mombasa Industrial Park and reinforces our long-term commitment to Kenya. By bringing industrial capacity and logistics infrastructure closer together, we can help businesses access markets more efficiently while creating a platform to attract new investment and manufacturing to the country. Our focus is on moving the development forward and building an ecosystem that supports businesses in Kenya while strengthening Mombasa’s role as a trade gateway.”

Suleiman Shahbal, Founder of GulfCap Africa, said: “Our partnership with DP World represents a new chapter for industrial development in Mombasa. The Mombasa Industrial Park is designed to create an environment where infrastructure, logistics and investment can come together to support business growth. Upon completion, the social- economic impact of the park will be huge. The multiplier effect of the project is expected to lead to the creation of over 20,000 jobs directly and indirectly, positively impacting on the livelihood of thousands of Kenyans. So far, over 60 local and international companies have expressed interest to take up space in the SEZ.”

 
 

DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the joint venture behind the planned 222-hectare Special Economic Zone (SEZ).

The agreement, signed in Nairobi in the presence of His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, builds on the partnership announced by DP World and GulfCap Africa in early August and advances plans for the development.

The first phase of the SEZ will cover 40 hectares, with the full development designed to attract foreign direct investment, expand local manufacturing capacity and strengthen connections between Kenyan businesses and regional and international markets.

More than 60 local and international companies have already expressed interest in taking up space in the SEZ, while the development is expected to support more than 20,000 direct and indirect jobs upon completion.

The development is also expected to create opportunities for Kenyan suppliers and service providers, including small and medium-sized enterprises (SMEs) and support their integration of Kenyan companies into regional and global supply chains. Businesses operating within the park will be positioned to benefit Kenya’s access to key markets through the African Continental Free Trade Area (AfCFTA), its Economic Partnership Agreement with the European Union, and the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates.

Speaking at the signing ceremony, His Excellency William Samoei Ruto, President of the Republic of Kenya said: “Today we are taking an important step towards Kenya’s future economy. The tripartite agreement between DP World, Country Government of Mombasa and GulfCap demonstrates what is possible when government creates the right environment for business. Government will support this industrial ambition with the infrastructure required to make it competitive. Our objective is to lower the cost of production so that goods made in Kenya can compete successfully in the region and the global market.”

His Excellency Essa Kazim, Group Chairman of DP World, said: “Kenya is a market of strategic importance to DP World and this agreement reflects our confidence in its long-term growth. Our investment in the Mombasa Industrial Park is about creating the infrastructure that enables trade, attracts new industries and connects Kenyan businesses more efficiently with markets across Africa and the world. Together with GulfCap Africa, we are moving from ambition to delivery. The opportunity is not simply to build an industrial park, but to create a platform for investment, manufacturing and trade that can generate lasting economic value for Kenya and the wider region.”

Mohammed Akoojee, CEO and Managing Director, Africa, DP World, said: “This agreement marks an important step in the development of the Mombasa Industrial Park and reinforces our long-term commitment to Kenya. By bringing industrial capacity and logistics infrastructure closer together, we can help businesses access markets more efficiently while creating a platform to attract new investment and manufacturing to the country. Our focus is on moving the development forward and building an ecosystem that supports businesses in Kenya while strengthening Mombasa’s role as a trade gateway.”

Suleiman Shahbal, Founder of GulfCap Africa, said: “Our partnership with DP World represents a new chapter for industrial development in Mombasa. The Mombasa Industrial Park is designed to create an environment where infrastructure, logistics and investment can come together to support business growth. Upon completion, the social- economic impact of the park will be huge. The multiplier effect of the project is expected to lead to the creation of over 20,000 jobs directly and indirectly, positively impacting on the livelihood of thousands of Kenyans. So far, over 60 local and international companies have expressed interest to take up space in the SEZ.”

 
 

10 September 2026 |

DP World and GulfCap sign Shareholders Agreement

0

DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the joint venture behind the planned 222-hectare Special Economic Zone (SEZ).

The agreement, signed in Nairobi in the presence of His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, builds on the partnership announced by DP World and GulfCap Africa in early August and advances plans for the development.

The first phase of the SEZ will cover 40 hectares, with the full development designed to attract foreign direct investment, expand local manufacturing capacity and strengthen connections between Kenyan businesses and regional and international markets.

More than 60 local and international companies have already expressed interest in taking up space in the SEZ, while the development is expected to support more than 20,000 direct and indirect jobs upon completion.

The development is also expected to create opportunities for Kenyan suppliers and service providers, including small and medium-sized enterprises (SMEs) and support their integration of Kenyan companies into regional and global supply chains. Businesses operating within the park will be positioned to benefit Kenya’s access to key markets through the African Continental Free Trade Area (AfCFTA), its Economic Partnership Agreement with the European Union, and the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates.

Speaking at the signing ceremony, His Excellency William Samoei Ruto, President of the Republic of Kenya said: “Today we are taking an important step towards Kenya’s future economy. The tripartite agreement between DP World, Country Government of Mombasa and GulfCap demonstrates what is possible when government creates the right environment for business. Government will support this industrial ambition with the infrastructure required to make it competitive. Our objective is to lower the cost of production so that goods made in Kenya can compete successfully in the region and the global market.”

His Excellency Essa Kazim, Group Chairman of DP World, said: “Kenya is a market of strategic importance to DP World and this agreement reflects our confidence in its long-term growth. Our investment in the Mombasa Industrial Park is about creating the infrastructure that enables trade, attracts new industries and connects Kenyan businesses more efficiently with markets across Africa and the world. Together with GulfCap Africa, we are moving from ambition to delivery. The opportunity is not simply to build an industrial park, but to create a platform for investment, manufacturing and trade that can generate lasting economic value for Kenya and the wider region.”

Mohammed Akoojee, CEO and Managing Director, Africa, DP World, said: “This agreement marks an important step in the development of the Mombasa Industrial Park and reinforces our long-term commitment to Kenya. By bringing industrial capacity and logistics infrastructure closer together, we can help businesses access markets more efficiently while creating a platform to attract new investment and manufacturing to the country. Our focus is on moving the development forward and building an ecosystem that supports businesses in Kenya while strengthening Mombasa’s role as a trade gateway.”

Suleiman Shahbal, Founder of GulfCap Africa, said: “Our partnership with DP World represents a new chapter for industrial development in Mombasa. The Mombasa Industrial Park is designed to create an environment where infrastructure, logistics and investment can come together to support business growth. Upon completion, the social- economic impact of the park will be huge. The multiplier effect of the project is expected to lead to the creation of over 20,000 jobs directly and indirectly, positively impacting on the livelihood of thousands of Kenyans. So far, over 60 local and international companies have expressed interest to take up space in the SEZ.”

 
 

DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the joint venture behind the planned 222-hectare Special Economic Zone (SEZ).

The agreement, signed in Nairobi in the presence of His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, builds on the partnership announced by DP World and GulfCap Africa in early August and advances plans for the development.

The first phase of the SEZ will cover 40 hectares, with the full development designed to attract foreign direct investment, expand local manufacturing capacity and strengthen connections between Kenyan businesses and regional and international markets.

More than 60 local and international companies have already expressed interest in taking up space in the SEZ, while the development is expected to support more than 20,000 direct and indirect jobs upon completion.

The development is also expected to create opportunities for Kenyan suppliers and service providers, including small and medium-sized enterprises (SMEs) and support their integration of Kenyan companies into regional and global supply chains. Businesses operating within the park will be positioned to benefit Kenya’s access to key markets through the African Continental Free Trade Area (AfCFTA), its Economic Partnership Agreement with the European Union, and the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates.

Speaking at the signing ceremony, His Excellency William Samoei Ruto, President of the Republic of Kenya said: “Today we are taking an important step towards Kenya’s future economy. The tripartite agreement between DP World, Country Government of Mombasa and GulfCap demonstrates what is possible when government creates the right environment for business. Government will support this industrial ambition with the infrastructure required to make it competitive. Our objective is to lower the cost of production so that goods made in Kenya can compete successfully in the region and the global market.”

His Excellency Essa Kazim, Group Chairman of DP World, said: “Kenya is a market of strategic importance to DP World and this agreement reflects our confidence in its long-term growth. Our investment in the Mombasa Industrial Park is about creating the infrastructure that enables trade, attracts new industries and connects Kenyan businesses more efficiently with markets across Africa and the world. Together with GulfCap Africa, we are moving from ambition to delivery. The opportunity is not simply to build an industrial park, but to create a platform for investment, manufacturing and trade that can generate lasting economic value for Kenya and the wider region.”

Mohammed Akoojee, CEO and Managing Director, Africa, DP World, said: “This agreement marks an important step in the development of the Mombasa Industrial Park and reinforces our long-term commitment to Kenya. By bringing industrial capacity and logistics infrastructure closer together, we can help businesses access markets more efficiently while creating a platform to attract new investment and manufacturing to the country. Our focus is on moving the development forward and building an ecosystem that supports businesses in Kenya while strengthening Mombasa’s role as a trade gateway.”

Suleiman Shahbal, Founder of GulfCap Africa, said: “Our partnership with DP World represents a new chapter for industrial development in Mombasa. The Mombasa Industrial Park is designed to create an environment where infrastructure, logistics and investment can come together to support business growth. Upon completion, the social- economic impact of the park will be huge. The multiplier effect of the project is expected to lead to the creation of over 20,000 jobs directly and indirectly, positively impacting on the livelihood of thousands of Kenyans. So far, over 60 local and international companies have expressed interest to take up space in the SEZ.”

 
 

10 September 2026 |

DP World and GulfCap sign Shareholders Agreement

0

DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the joint venture behind the planned 222-hectare Special Economic Zone (SEZ).

The agreement, signed in Nairobi in the presence of His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, builds on the partnership announced by DP World and GulfCap Africa in early August and advances plans for the development.

The first phase of the SEZ will cover 40 hectares, with the full development designed to attract foreign direct investment, expand local manufacturing capacity and strengthen connections between Kenyan businesses and regional and international markets.

More than 60 local and international companies have already expressed interest in taking up space in the SEZ, while the development is expected to support more than 20,000 direct and indirect jobs upon completion.

The development is also expected to create opportunities for Kenyan suppliers and service providers, including small and medium-sized enterprises (SMEs) and support their integration of Kenyan companies into regional and global supply chains. Businesses operating within the park will be positioned to benefit Kenya’s access to key markets through the African Continental Free Trade Area (AfCFTA), its Economic Partnership Agreement with the European Union, and the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates.

Speaking at the signing ceremony, His Excellency William Samoei Ruto, President of the Republic of Kenya said: “Today we are taking an important step towards Kenya’s future economy. The tripartite agreement between DP World, Country Government of Mombasa and GulfCap demonstrates what is possible when government creates the right environment for business. Government will support this industrial ambition with the infrastructure required to make it competitive. Our objective is to lower the cost of production so that goods made in Kenya can compete successfully in the region and the global market.”

His Excellency Essa Kazim, Group Chairman of DP World, said: “Kenya is a market of strategic importance to DP World and this agreement reflects our confidence in its long-term growth. Our investment in the Mombasa Industrial Park is about creating the infrastructure that enables trade, attracts new industries and connects Kenyan businesses more efficiently with markets across Africa and the world. Together with GulfCap Africa, we are moving from ambition to delivery. The opportunity is not simply to build an industrial park, but to create a platform for investment, manufacturing and trade that can generate lasting economic value for Kenya and the wider region.”

Mohammed Akoojee, CEO and Managing Director, Africa, DP World, said: “This agreement marks an important step in the development of the Mombasa Industrial Park and reinforces our long-term commitment to Kenya. By bringing industrial capacity and logistics infrastructure closer together, we can help businesses access markets more efficiently while creating a platform to attract new investment and manufacturing to the country. Our focus is on moving the development forward and building an ecosystem that supports businesses in Kenya while strengthening Mombasa’s role as a trade gateway.”

Suleiman Shahbal, Founder of GulfCap Africa, said: “Our partnership with DP World represents a new chapter for industrial development in Mombasa. The Mombasa Industrial Park is designed to create an environment where infrastructure, logistics and investment can come together to support business growth. Upon completion, the social- economic impact of the park will be huge. The multiplier effect of the project is expected to lead to the creation of over 20,000 jobs directly and indirectly, positively impacting on the livelihood of thousands of Kenyans. So far, over 60 local and international companies have expressed interest to take up space in the SEZ.”

 
 

DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the joint venture behind the planned 222-hectare Special Economic Zone (SEZ).

The agreement, signed in Nairobi in the presence of His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, builds on the partnership announced by DP World and GulfCap Africa in early August and advances plans for the development.

The first phase of the SEZ will cover 40 hectares, with the full development designed to attract foreign direct investment, expand local manufacturing capacity and strengthen connections between Kenyan businesses and regional and international markets.

More than 60 local and international companies have already expressed interest in taking up space in the SEZ, while the development is expected to support more than 20,000 direct and indirect jobs upon completion.

The development is also expected to create opportunities for Kenyan suppliers and service providers, including small and medium-sized enterprises (SMEs) and support their integration of Kenyan companies into regional and global supply chains. Businesses operating within the park will be positioned to benefit Kenya’s access to key markets through the African Continental Free Trade Area (AfCFTA), its Economic Partnership Agreement with the European Union, and the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates.

Speaking at the signing ceremony, His Excellency William Samoei Ruto, President of the Republic of Kenya said: “Today we are taking an important step towards Kenya’s future economy. The tripartite agreement between DP World, Country Government of Mombasa and GulfCap demonstrates what is possible when government creates the right environment for business. Government will support this industrial ambition with the infrastructure required to make it competitive. Our objective is to lower the cost of production so that goods made in Kenya can compete successfully in the region and the global market.”

His Excellency Essa Kazim, Group Chairman of DP World, said: “Kenya is a market of strategic importance to DP World and this agreement reflects our confidence in its long-term growth. Our investment in the Mombasa Industrial Park is about creating the infrastructure that enables trade, attracts new industries and connects Kenyan businesses more efficiently with markets across Africa and the world. Together with GulfCap Africa, we are moving from ambition to delivery. The opportunity is not simply to build an industrial park, but to create a platform for investment, manufacturing and trade that can generate lasting economic value for Kenya and the wider region.”

Mohammed Akoojee, CEO and Managing Director, Africa, DP World, said: “This agreement marks an important step in the development of the Mombasa Industrial Park and reinforces our long-term commitment to Kenya. By bringing industrial capacity and logistics infrastructure closer together, we can help businesses access markets more efficiently while creating a platform to attract new investment and manufacturing to the country. Our focus is on moving the development forward and building an ecosystem that supports businesses in Kenya while strengthening Mombasa’s role as a trade gateway.”

Suleiman Shahbal, Founder of GulfCap Africa, said: “Our partnership with DP World represents a new chapter for industrial development in Mombasa. The Mombasa Industrial Park is designed to create an environment where infrastructure, logistics and investment can come together to support business growth. Upon completion, the social- economic impact of the park will be huge. The multiplier effect of the project is expected to lead to the creation of over 20,000 jobs directly and indirectly, positively impacting on the livelihood of thousands of Kenyans. So far, over 60 local and international companies have expressed interest to take up space in the SEZ.”

 
 

10 September 2026 |

DP World and GulfCap sign Shareholders Agreement

0

DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the joint venture behind the planned 222-hectare Special Economic Zone (SEZ).

The agreement, signed in Nairobi in the presence of His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, builds on the partnership announced by DP World and GulfCap Africa in early August and advances plans for the development.

The first phase of the SEZ will cover 40 hectares, with the full development designed to attract foreign direct investment, expand local manufacturing capacity and strengthen connections between Kenyan businesses and regional and international markets.

More than 60 local and international companies have already expressed interest in taking up space in the SEZ, while the development is expected to support more than 20,000 direct and indirect jobs upon completion.

The development is also expected to create opportunities for Kenyan suppliers and service providers, including small and medium-sized enterprises (SMEs) and support their integration of Kenyan companies into regional and global supply chains. Businesses operating within the park will be positioned to benefit Kenya’s access to key markets through the African Continental Free Trade Area (AfCFTA), its Economic Partnership Agreement with the European Union, and the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates.

Speaking at the signing ceremony, His Excellency William Samoei Ruto, President of the Republic of Kenya said: “Today we are taking an important step towards Kenya’s future economy. The tripartite agreement between DP World, Country Government of Mombasa and GulfCap demonstrates what is possible when government creates the right environment for business. Government will support this industrial ambition with the infrastructure required to make it competitive. Our objective is to lower the cost of production so that goods made in Kenya can compete successfully in the region and the global market.”

His Excellency Essa Kazim, Group Chairman of DP World, said: “Kenya is a market of strategic importance to DP World and this agreement reflects our confidence in its long-term growth. Our investment in the Mombasa Industrial Park is about creating the infrastructure that enables trade, attracts new industries and connects Kenyan businesses more efficiently with markets across Africa and the world. Together with GulfCap Africa, we are moving from ambition to delivery. The opportunity is not simply to build an industrial park, but to create a platform for investment, manufacturing and trade that can generate lasting economic value for Kenya and the wider region.”

Mohammed Akoojee, CEO and Managing Director, Africa, DP World, said: “This agreement marks an important step in the development of the Mombasa Industrial Park and reinforces our long-term commitment to Kenya. By bringing industrial capacity and logistics infrastructure closer together, we can help businesses access markets more efficiently while creating a platform to attract new investment and manufacturing to the country. Our focus is on moving the development forward and building an ecosystem that supports businesses in Kenya while strengthening Mombasa’s role as a trade gateway.”

Suleiman Shahbal, Founder of GulfCap Africa, said: “Our partnership with DP World represents a new chapter for industrial development in Mombasa. The Mombasa Industrial Park is designed to create an environment where infrastructure, logistics and investment can come together to support business growth. Upon completion, the social- economic impact of the park will be huge. The multiplier effect of the project is expected to lead to the creation of over 20,000 jobs directly and indirectly, positively impacting on the livelihood of thousands of Kenyans. So far, over 60 local and international companies have expressed interest to take up space in the SEZ.”

 
 

DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the joint venture behind the planned 222-hectare Special Economic Zone (SEZ).

The agreement, signed in Nairobi in the presence of His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya, builds on the partnership announced by DP World and GulfCap Africa in early August and advances plans for the development.

The first phase of the SEZ will cover 40 hectares, with the full development designed to attract foreign direct investment, expand local manufacturing capacity and strengthen connections between Kenyan businesses and regional and international markets.

More than 60 local and international companies have already expressed interest in taking up space in the SEZ, while the development is expected to support more than 20,000 direct and indirect jobs upon completion.

The development is also expected to create opportunities for Kenyan suppliers and service providers, including small and medium-sized enterprises (SMEs) and support their integration of Kenyan companies into regional and global supply chains. Businesses operating within the park will be positioned to benefit Kenya’s access to key markets through the African Continental Free Trade Area (AfCFTA), its Economic Partnership Agreement with the European Union, and the Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates.

Speaking at the signing ceremony, His Excellency William Samoei Ruto, President of the Republic of Kenya said: “Today we are taking an important step towards Kenya’s future economy. The tripartite agreement between DP World, Country Government of Mombasa and GulfCap demonstrates what is possible when government creates the right environment for business. Government will support this industrial ambition with the infrastructure required to make it competitive. Our objective is to lower the cost of production so that goods made in Kenya can compete successfully in the region and the global market.”

His Excellency Essa Kazim, Group Chairman of DP World, said: “Kenya is a market of strategic importance to DP World and this agreement reflects our confidence in its long-term growth. Our investment in the Mombasa Industrial Park is about creating the infrastructure that enables trade, attracts new industries and connects Kenyan businesses more efficiently with markets across Africa and the world. Together with GulfCap Africa, we are moving from ambition to delivery. The opportunity is not simply to build an industrial park, but to create a platform for investment, manufacturing and trade that can generate lasting economic value for Kenya and the wider region.”

Mohammed Akoojee, CEO and Managing Director, Africa, DP World, said: “This agreement marks an important step in the development of the Mombasa Industrial Park and reinforces our long-term commitment to Kenya. By bringing industrial capacity and logistics infrastructure closer together, we can help businesses access markets more efficiently while creating a platform to attract new investment and manufacturing to the country. Our focus is on moving the development forward and building an ecosystem that supports businesses in Kenya while strengthening Mombasa’s role as a trade gateway.”

Suleiman Shahbal, Founder of GulfCap Africa, said: “Our partnership with DP World represents a new chapter for industrial development in Mombasa. The Mombasa Industrial Park is designed to create an environment where infrastructure, logistics and investment can come together to support business growth. Upon completion, the social- economic impact of the park will be huge. The multiplier effect of the project is expected to lead to the creation of over 20,000 jobs directly and indirectly, positively impacting on the livelihood of thousands of Kenyans. So far, over 60 local and international companies have expressed interest to take up space in the SEZ.”

 
 

10 September 2026 |

Lufthansa Cargo sets course for sustainable growth

0

In the 100th anniversary year since the founding of the first Lufthansa its freight subsidiary, Lufthansa Cargo, is setting the course for sustainable growth in the coming decades and positioning the company for a successful future.

To this end Lufthansa Cargo signed an agreement last Monday, 7 September 2026, to acquire 100% of LUG aircargo handling GmbH. The transaction is one of the key pillars of Lufthansa Cargo’s growth strategy and is intended to create the infrastructural foundation for future profitable growth and further strengthen the company’s competitiveness. With the planned acquisition, Lufthansa Cargo will gain immediately available, additional handling capacity within Germany. With that, the company’s existing ground handling infrastructure, which is currently undergoing a fundamental modernization as part of the LCCevo program with a total investment of around 600 million Euros, will be complemented. This will enable the company to support future growth while continuing to provide high-quality and reliable services to its customers. The transaction will not result in any changes for the customers of either company, as LUG aircargo handling GmbH will continue to operate independently in the market following its acquisition by Lufthansa Cargo, preserving its established structures and customer relationships. The completion of the transaction is subject to the necessary antitrust and regulatory approvals.

“In an increasingly volatile market environment, we want to become more flexible, more efficient, and more resilient for our customers. That is why we are making targeted investments in our infrastructure in our home market in Germany to set the course to provide an even better offering for our customers and achieve profitable growth — this is a win-win situation for both companies. We will continue to stand for ‘Enabling Global Business’ for Germany as an export nation and across our entire global network,” says Frank Bauer, Chief Operating Officer of Lufthansa Cargo.

LUG aircargo handling GmbH, which currently belongs to the Dettmer Group, is an established air cargo handler with many years of experience in handling a wide variety of cargo segments and approximately 400 employees. The company has approximately 50,000 m² of covered warehouse space in Germany, as well as an additional 18,000 m² of office and infrastructure space. LUG aircargo handling GmbH brings over 60 years of experience in air cargo handling to the table and counts major international airlines among its customers. The seller, the Dettmer Group, welcomes the planned transaction and believes the company is well-positioned for further growth under Lufthansa Cargo’s ownership.

 
 

In the 100th anniversary year since the founding of the first Lufthansa its freight subsidiary, Lufthansa Cargo, is setting the course for sustainable growth in the coming decades and positioning the company for a successful future.

To this end Lufthansa Cargo signed an agreement last Monday, 7 September 2026, to acquire 100% of LUG aircargo handling GmbH. The transaction is one of the key pillars of Lufthansa Cargo’s growth strategy and is intended to create the infrastructural foundation for future profitable growth and further strengthen the company’s competitiveness. With the planned acquisition, Lufthansa Cargo will gain immediately available, additional handling capacity within Germany. With that, the company’s existing ground handling infrastructure, which is currently undergoing a fundamental modernization as part of the LCCevo program with a total investment of around 600 million Euros, will be complemented. This will enable the company to support future growth while continuing to provide high-quality and reliable services to its customers. The transaction will not result in any changes for the customers of either company, as LUG aircargo handling GmbH will continue to operate independently in the market following its acquisition by Lufthansa Cargo, preserving its established structures and customer relationships. The completion of the transaction is subject to the necessary antitrust and regulatory approvals.

“In an increasingly volatile market environment, we want to become more flexible, more efficient, and more resilient for our customers. That is why we are making targeted investments in our infrastructure in our home market in Germany to set the course to provide an even better offering for our customers and achieve profitable growth — this is a win-win situation for both companies. We will continue to stand for ‘Enabling Global Business’ for Germany as an export nation and across our entire global network,” says Frank Bauer, Chief Operating Officer of Lufthansa Cargo.

LUG aircargo handling GmbH, which currently belongs to the Dettmer Group, is an established air cargo handler with many years of experience in handling a wide variety of cargo segments and approximately 400 employees. The company has approximately 50,000 m² of covered warehouse space in Germany, as well as an additional 18,000 m² of office and infrastructure space. LUG aircargo handling GmbH brings over 60 years of experience in air cargo handling to the table and counts major international airlines among its customers. The seller, the Dettmer Group, welcomes the planned transaction and believes the company is well-positioned for further growth under Lufthansa Cargo’s ownership.

 
 

10 September 2026 |

Lufthansa Cargo sets course for sustainable growth

0

In the 100th anniversary year since the founding of the first Lufthansa its freight subsidiary, Lufthansa Cargo, is setting the course for sustainable growth in the coming decades and positioning the company for a successful future.

To this end Lufthansa Cargo signed an agreement last Monday, 7 September 2026, to acquire 100% of LUG aircargo handling GmbH. The transaction is one of the key pillars of Lufthansa Cargo’s growth strategy and is intended to create the infrastructural foundation for future profitable growth and further strengthen the company’s competitiveness. With the planned acquisition, Lufthansa Cargo will gain immediately available, additional handling capacity within Germany. With that, the company’s existing ground handling infrastructure, which is currently undergoing a fundamental modernization as part of the LCCevo program with a total investment of around 600 million Euros, will be complemented. This will enable the company to support future growth while continuing to provide high-quality and reliable services to its customers. The transaction will not result in any changes for the customers of either company, as LUG aircargo handling GmbH will continue to operate independently in the market following its acquisition by Lufthansa Cargo, preserving its established structures and customer relationships. The completion of the transaction is subject to the necessary antitrust and regulatory approvals.

“In an increasingly volatile market environment, we want to become more flexible, more efficient, and more resilient for our customers. That is why we are making targeted investments in our infrastructure in our home market in Germany to set the course to provide an even better offering for our customers and achieve profitable growth — this is a win-win situation for both companies. We will continue to stand for ‘Enabling Global Business’ for Germany as an export nation and across our entire global network,” says Frank Bauer, Chief Operating Officer of Lufthansa Cargo.

LUG aircargo handling GmbH, which currently belongs to the Dettmer Group, is an established air cargo handler with many years of experience in handling a wide variety of cargo segments and approximately 400 employees. The company has approximately 50,000 m² of covered warehouse space in Germany, as well as an additional 18,000 m² of office and infrastructure space. LUG aircargo handling GmbH brings over 60 years of experience in air cargo handling to the table and counts major international airlines among its customers. The seller, the Dettmer Group, welcomes the planned transaction and believes the company is well-positioned for further growth under Lufthansa Cargo’s ownership.

 
 

In the 100th anniversary year since the founding of the first Lufthansa its freight subsidiary, Lufthansa Cargo, is setting the course for sustainable growth in the coming decades and positioning the company for a successful future.

To this end Lufthansa Cargo signed an agreement last Monday, 7 September 2026, to acquire 100% of LUG aircargo handling GmbH. The transaction is one of the key pillars of Lufthansa Cargo’s growth strategy and is intended to create the infrastructural foundation for future profitable growth and further strengthen the company’s competitiveness. With the planned acquisition, Lufthansa Cargo will gain immediately available, additional handling capacity within Germany. With that, the company’s existing ground handling infrastructure, which is currently undergoing a fundamental modernization as part of the LCCevo program with a total investment of around 600 million Euros, will be complemented. This will enable the company to support future growth while continuing to provide high-quality and reliable services to its customers. The transaction will not result in any changes for the customers of either company, as LUG aircargo handling GmbH will continue to operate independently in the market following its acquisition by Lufthansa Cargo, preserving its established structures and customer relationships. The completion of the transaction is subject to the necessary antitrust and regulatory approvals.

“In an increasingly volatile market environment, we want to become more flexible, more efficient, and more resilient for our customers. That is why we are making targeted investments in our infrastructure in our home market in Germany to set the course to provide an even better offering for our customers and achieve profitable growth — this is a win-win situation for both companies. We will continue to stand for ‘Enabling Global Business’ for Germany as an export nation and across our entire global network,” says Frank Bauer, Chief Operating Officer of Lufthansa Cargo.

LUG aircargo handling GmbH, which currently belongs to the Dettmer Group, is an established air cargo handler with many years of experience in handling a wide variety of cargo segments and approximately 400 employees. The company has approximately 50,000 m² of covered warehouse space in Germany, as well as an additional 18,000 m² of office and infrastructure space. LUG aircargo handling GmbH brings over 60 years of experience in air cargo handling to the table and counts major international airlines among its customers. The seller, the Dettmer Group, welcomes the planned transaction and believes the company is well-positioned for further growth under Lufthansa Cargo’s ownership.

 
 

10 September 2026 |

Lufthansa Cargo sets course for sustainable growth

0

In the 100th anniversary year since the founding of the first Lufthansa its freight subsidiary, Lufthansa Cargo, is setting the course for sustainable growth in the coming decades and positioning the company for a successful future.

To this end Lufthansa Cargo signed an agreement last Monday, 7 September 2026, to acquire 100% of LUG aircargo handling GmbH. The transaction is one of the key pillars of Lufthansa Cargo’s growth strategy and is intended to create the infrastructural foundation for future profitable growth and further strengthen the company’s competitiveness. With the planned acquisition, Lufthansa Cargo will gain immediately available, additional handling capacity within Germany. With that, the company’s existing ground handling infrastructure, which is currently undergoing a fundamental modernization as part of the LCCevo program with a total investment of around 600 million Euros, will be complemented. This will enable the company to support future growth while continuing to provide high-quality and reliable services to its customers. The transaction will not result in any changes for the customers of either company, as LUG aircargo handling GmbH will continue to operate independently in the market following its acquisition by Lufthansa Cargo, preserving its established structures and customer relationships. The completion of the transaction is subject to the necessary antitrust and regulatory approvals.

“In an increasingly volatile market environment, we want to become more flexible, more efficient, and more resilient for our customers. That is why we are making targeted investments in our infrastructure in our home market in Germany to set the course to provide an even better offering for our customers and achieve profitable growth — this is a win-win situation for both companies. We will continue to stand for ‘Enabling Global Business’ for Germany as an export nation and across our entire global network,” says Frank Bauer, Chief Operating Officer of Lufthansa Cargo.

LUG aircargo handling GmbH, which currently belongs to the Dettmer Group, is an established air cargo handler with many years of experience in handling a wide variety of cargo segments and approximately 400 employees. The company has approximately 50,000 m² of covered warehouse space in Germany, as well as an additional 18,000 m² of office and infrastructure space. LUG aircargo handling GmbH brings over 60 years of experience in air cargo handling to the table and counts major international airlines among its customers. The seller, the Dettmer Group, welcomes the planned transaction and believes the company is well-positioned for further growth under Lufthansa Cargo’s ownership.

 
 

In the 100th anniversary year since the founding of the first Lufthansa its freight subsidiary, Lufthansa Cargo, is setting the course for sustainable growth in the coming decades and positioning the company for a successful future.

To this end Lufthansa Cargo signed an agreement last Monday, 7 September 2026, to acquire 100% of LUG aircargo handling GmbH. The transaction is one of the key pillars of Lufthansa Cargo’s growth strategy and is intended to create the infrastructural foundation for future profitable growth and further strengthen the company’s competitiveness. With the planned acquisition, Lufthansa Cargo will gain immediately available, additional handling capacity within Germany. With that, the company’s existing ground handling infrastructure, which is currently undergoing a fundamental modernization as part of the LCCevo program with a total investment of around 600 million Euros, will be complemented. This will enable the company to support future growth while continuing to provide high-quality and reliable services to its customers. The transaction will not result in any changes for the customers of either company, as LUG aircargo handling GmbH will continue to operate independently in the market following its acquisition by Lufthansa Cargo, preserving its established structures and customer relationships. The completion of the transaction is subject to the necessary antitrust and regulatory approvals.

“In an increasingly volatile market environment, we want to become more flexible, more efficient, and more resilient for our customers. That is why we are making targeted investments in our infrastructure in our home market in Germany to set the course to provide an even better offering for our customers and achieve profitable growth — this is a win-win situation for both companies. We will continue to stand for ‘Enabling Global Business’ for Germany as an export nation and across our entire global network,” says Frank Bauer, Chief Operating Officer of Lufthansa Cargo.

LUG aircargo handling GmbH, which currently belongs to the Dettmer Group, is an established air cargo handler with many years of experience in handling a wide variety of cargo segments and approximately 400 employees. The company has approximately 50,000 m² of covered warehouse space in Germany, as well as an additional 18,000 m² of office and infrastructure space. LUG aircargo handling GmbH brings over 60 years of experience in air cargo handling to the table and counts major international airlines among its customers. The seller, the Dettmer Group, welcomes the planned transaction and believes the company is well-positioned for further growth under Lufthansa Cargo’s ownership.

 
 

10 September 2026 |

Lufthansa Cargo sets course for sustainable growth

0

In the 100th anniversary year since the founding of the first Lufthansa its freight subsidiary, Lufthansa Cargo, is setting the course for sustainable growth in the coming decades and positioning the company for a successful future.

To this end Lufthansa Cargo signed an agreement last Monday, 7 September 2026, to acquire 100% of LUG aircargo handling GmbH. The transaction is one of the key pillars of Lufthansa Cargo’s growth strategy and is intended to create the infrastructural foundation for future profitable growth and further strengthen the company’s competitiveness. With the planned acquisition, Lufthansa Cargo will gain immediately available, additional handling capacity within Germany. With that, the company’s existing ground handling infrastructure, which is currently undergoing a fundamental modernization as part of the LCCevo program with a total investment of around 600 million Euros, will be complemented. This will enable the company to support future growth while continuing to provide high-quality and reliable services to its customers. The transaction will not result in any changes for the customers of either company, as LUG aircargo handling GmbH will continue to operate independently in the market following its acquisition by Lufthansa Cargo, preserving its established structures and customer relationships. The completion of the transaction is subject to the necessary antitrust and regulatory approvals.

“In an increasingly volatile market environment, we want to become more flexible, more efficient, and more resilient for our customers. That is why we are making targeted investments in our infrastructure in our home market in Germany to set the course to provide an even better offering for our customers and achieve profitable growth — this is a win-win situation for both companies. We will continue to stand for ‘Enabling Global Business’ for Germany as an export nation and across our entire global network,” says Frank Bauer, Chief Operating Officer of Lufthansa Cargo.

LUG aircargo handling GmbH, which currently belongs to the Dettmer Group, is an established air cargo handler with many years of experience in handling a wide variety of cargo segments and approximately 400 employees. The company has approximately 50,000 m² of covered warehouse space in Germany, as well as an additional 18,000 m² of office and infrastructure space. LUG aircargo handling GmbH brings over 60 years of experience in air cargo handling to the table and counts major international airlines among its customers. The seller, the Dettmer Group, welcomes the planned transaction and believes the company is well-positioned for further growth under Lufthansa Cargo’s ownership.

 
 

In the 100th anniversary year since the founding of the first Lufthansa its freight subsidiary, Lufthansa Cargo, is setting the course for sustainable growth in the coming decades and positioning the company for a successful future.

To this end Lufthansa Cargo signed an agreement last Monday, 7 September 2026, to acquire 100% of LUG aircargo handling GmbH. The transaction is one of the key pillars of Lufthansa Cargo’s growth strategy and is intended to create the infrastructural foundation for future profitable growth and further strengthen the company’s competitiveness. With the planned acquisition, Lufthansa Cargo will gain immediately available, additional handling capacity within Germany. With that, the company’s existing ground handling infrastructure, which is currently undergoing a fundamental modernization as part of the LCCevo program with a total investment of around 600 million Euros, will be complemented. This will enable the company to support future growth while continuing to provide high-quality and reliable services to its customers. The transaction will not result in any changes for the customers of either company, as LUG aircargo handling GmbH will continue to operate independently in the market following its acquisition by Lufthansa Cargo, preserving its established structures and customer relationships. The completion of the transaction is subject to the necessary antitrust and regulatory approvals.

“In an increasingly volatile market environment, we want to become more flexible, more efficient, and more resilient for our customers. That is why we are making targeted investments in our infrastructure in our home market in Germany to set the course to provide an even better offering for our customers and achieve profitable growth — this is a win-win situation for both companies. We will continue to stand for ‘Enabling Global Business’ for Germany as an export nation and across our entire global network,” says Frank Bauer, Chief Operating Officer of Lufthansa Cargo.

LUG aircargo handling GmbH, which currently belongs to the Dettmer Group, is an established air cargo handler with many years of experience in handling a wide variety of cargo segments and approximately 400 employees. The company has approximately 50,000 m² of covered warehouse space in Germany, as well as an additional 18,000 m² of office and infrastructure space. LUG aircargo handling GmbH brings over 60 years of experience in air cargo handling to the table and counts major international airlines among its customers. The seller, the Dettmer Group, welcomes the planned transaction and believes the company is well-positioned for further growth under Lufthansa Cargo’s ownership.

 
 

10 September 2026 |

K LINE held its 20th Shipowners’ Safety Measures Liaison Meeting in Fukuyama City

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On September 2, 2026, Kawasaki Kisen Kaisha, Ltd. (“K” LINE) held its 20th Shipowners’ Safety Measures Liaison Meeting in Fukuyama City, Hiroshima Prefecture.

Domestic and international shipowners and ship management companies come together at this meeting to further increase their mutual awareness of safety in navigation and cargo operations.

71 participants from 38 companies attended the meeting, where they engaged in lively discussions on specific case studies regarding the latest industry trends and issues in operations, including the tightening of environmental regulations in the marine transportation industry and Port State inspections, the diversification of the types of cargo, geopolitical risks and the increasingly complex operational environment.

An awards ceremony was held during the post-meeting reception to honor outstanding initiatives and achievements based on the results of the Company’s vessel inspections and comprehensive evaluations. Seven companies received Excellent Shipowner Awards, two received Good Practice Awards, and one received a Special Award.

The Company will continue to enhance its collaboration with shipowners and ship management companies to improve safety, environmental measures and quality control while also contributing to the sustainable development of the global marine transportation industry.

 
 

On September 2, 2026, Kawasaki Kisen Kaisha, Ltd. (“K” LINE) held its 20th Shipowners’ Safety Measures Liaison Meeting in Fukuyama City, Hiroshima Prefecture.

Domestic and international shipowners and ship management companies come together at this meeting to further increase their mutual awareness of safety in navigation and cargo operations.

71 participants from 38 companies attended the meeting, where they engaged in lively discussions on specific case studies regarding the latest industry trends and issues in operations, including the tightening of environmental regulations in the marine transportation industry and Port State inspections, the diversification of the types of cargo, geopolitical risks and the increasingly complex operational environment.

An awards ceremony was held during the post-meeting reception to honor outstanding initiatives and achievements based on the results of the Company’s vessel inspections and comprehensive evaluations. Seven companies received Excellent Shipowner Awards, two received Good Practice Awards, and one received a Special Award.

The Company will continue to enhance its collaboration with shipowners and ship management companies to improve safety, environmental measures and quality control while also contributing to the sustainable development of the global marine transportation industry.

 
 

10 September 2026 |

K LINE held its 20th Shipowners’ Safety Measures Liaison Meeting in Fukuyama City

0

On September 2, 2026, Kawasaki Kisen Kaisha, Ltd. (“K” LINE) held its 20th Shipowners’ Safety Measures Liaison Meeting in Fukuyama City, Hiroshima Prefecture.

Domestic and international shipowners and ship management companies come together at this meeting to further increase their mutual awareness of safety in navigation and cargo operations.

71 participants from 38 companies attended the meeting, where they engaged in lively discussions on specific case studies regarding the latest industry trends and issues in operations, including the tightening of environmental regulations in the marine transportation industry and Port State inspections, the diversification of the types of cargo, geopolitical risks and the increasingly complex operational environment.

An awards ceremony was held during the post-meeting reception to honor outstanding initiatives and achievements based on the results of the Company’s vessel inspections and comprehensive evaluations. Seven companies received Excellent Shipowner Awards, two received Good Practice Awards, and one received a Special Award.

The Company will continue to enhance its collaboration with shipowners and ship management companies to improve safety, environmental measures and quality control while also contributing to the sustainable development of the global marine transportation industry.

 
 

On September 2, 2026, Kawasaki Kisen Kaisha, Ltd. (“K” LINE) held its 20th Shipowners’ Safety Measures Liaison Meeting in Fukuyama City, Hiroshima Prefecture.

Domestic and international shipowners and ship management companies come together at this meeting to further increase their mutual awareness of safety in navigation and cargo operations.

71 participants from 38 companies attended the meeting, where they engaged in lively discussions on specific case studies regarding the latest industry trends and issues in operations, including the tightening of environmental regulations in the marine transportation industry and Port State inspections, the diversification of the types of cargo, geopolitical risks and the increasingly complex operational environment.

An awards ceremony was held during the post-meeting reception to honor outstanding initiatives and achievements based on the results of the Company’s vessel inspections and comprehensive evaluations. Seven companies received Excellent Shipowner Awards, two received Good Practice Awards, and one received a Special Award.

The Company will continue to enhance its collaboration with shipowners and ship management companies to improve safety, environmental measures and quality control while also contributing to the sustainable development of the global marine transportation industry.

 
 

10 September 2026 |
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