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Mammoet and Tokyo Juki sign MoU

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As industrial projects adopt larger components and more modular construction methods, lifting requirements are moving beyond the capacity readily available in Japan.

Deploying specialist equipment from overseas requires extensive local compliance, statutory certification, and on-site operational expertise in accordance with Japanese regulations and industry practices.

To help make these projects possible, Mammoet Japan has signed a Memorandum of Understanding (MoU) with leading domestic crane supplier Tokyo Juki Co., Ltd., expanding the ultra-heavy lifting capability available in Japan.

The cooperation establishes a practical framework for deploying Mammoet’s specialist equipment in accordance with Japanese regulatory and site requirements.

By making this capability available during early project planning, customers in Japan can assess heavier and more modular construction methods before designs, fabrication strategies and site arrangements are fixed. This helps to identify more efficient execution approaches early, when they have the greatest potential to protect project budgets and schedules.

With capacities ranging from 1,600t to 6,000t, Mammoet’s Ring cranes lift larger components at greater reach while occupying a relatively small site footprint. This opens new options across the project lifecycle, from assembling and installing larger industrial modules to marshalling, pre-assembling and loading out offshore wind components.

Reducing the number of lifts and on-site assembly activities also simplifies interfaces, reduces work at height and supports greater certainty around schedules and total installed cost.

Applications include offshore wind, nuclear construction and maintenance, infrastructure, industrial facilities and the integration or refurbishment of offshore production units.

“Japan is preparing for projects that will require greater lifting capacity and new approaches to construction,” said Yusuke Kakinuma, Representative Director of Mammoet Japan K.K.

“This cooperation creates a practical route for bringing Mammoet’s specialist equipment and engineering capabilities to Japanese project sites, supported by the local knowledge and resources needed to put them to work”.

“Tokyo Juki has built its business by understanding customer challenges and developing practical solutions for Japanese project sites,” said Taku Tsuruoka, President of Tokyo Juki Co., Ltd.

“Through this cooperation, we will apply our domestic experience, skilled personnel and site resources to support the deployment and operation of Mammoet’s ring cranes in Japan. We expect this to enable Tokyo Juki to expand into new areas of business involving ultra-heavy lifting, such as offshore wind and nuclear power projects.”

 
 

As industrial projects adopt larger components and more modular construction methods, lifting requirements are moving beyond the capacity readily available in Japan.

Deploying specialist equipment from overseas requires extensive local compliance, statutory certification, and on-site operational expertise in accordance with Japanese regulations and industry practices.

To help make these projects possible, Mammoet Japan has signed a Memorandum of Understanding (MoU) with leading domestic crane supplier Tokyo Juki Co., Ltd., expanding the ultra-heavy lifting capability available in Japan.

The cooperation establishes a practical framework for deploying Mammoet’s specialist equipment in accordance with Japanese regulatory and site requirements.

By making this capability available during early project planning, customers in Japan can assess heavier and more modular construction methods before designs, fabrication strategies and site arrangements are fixed. This helps to identify more efficient execution approaches early, when they have the greatest potential to protect project budgets and schedules.

With capacities ranging from 1,600t to 6,000t, Mammoet’s Ring cranes lift larger components at greater reach while occupying a relatively small site footprint. This opens new options across the project lifecycle, from assembling and installing larger industrial modules to marshalling, pre-assembling and loading out offshore wind components.

Reducing the number of lifts and on-site assembly activities also simplifies interfaces, reduces work at height and supports greater certainty around schedules and total installed cost.

Applications include offshore wind, nuclear construction and maintenance, infrastructure, industrial facilities and the integration or refurbishment of offshore production units.

“Japan is preparing for projects that will require greater lifting capacity and new approaches to construction,” said Yusuke Kakinuma, Representative Director of Mammoet Japan K.K.

“This cooperation creates a practical route for bringing Mammoet’s specialist equipment and engineering capabilities to Japanese project sites, supported by the local knowledge and resources needed to put them to work”.

“Tokyo Juki has built its business by understanding customer challenges and developing practical solutions for Japanese project sites,” said Taku Tsuruoka, President of Tokyo Juki Co., Ltd.

“Through this cooperation, we will apply our domestic experience, skilled personnel and site resources to support the deployment and operation of Mammoet’s ring cranes in Japan. We expect this to enable Tokyo Juki to expand into new areas of business involving ultra-heavy lifting, such as offshore wind and nuclear power projects.”

 
 

15 September 2026 |

CEO Peter de Bree on Jumbo’s future

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In a recent interview on the Project Cargo Professionals podcast, Jumbo’s CEO Peter de Bree shared his vision for the company’s future, highlighting fleet expansion, offshore growth opportunities, and the unique combination of shipping and offshore installation capabilities that continues to set Jumbo apart.

Having assumed the role of CEO in early 2025, Peter brings extensive experience from the offshore industry and a deep understanding of Jumbo’s operations. He emphasised the strength of the company’s people, entrepreneurial culture, and long-term outlook as key reasons for taking on the leadership role.

A major milestone for Jumbo is the recent order of two new L-Class heavy lift vessels, scheduled for delivery in 2028 and 2029. Designed in-house with input from commercial teams, vessel crews, and operational specialists, the newbuilds are tailored to meet future market demands while significantly improving fuel efficiency and cargo capacity. The fleet expansion will increase Jumbo’s fleet from eight to ten vessels, strengthening the company’s position in the global project cargo market.

Peter highlighted Jumbo’s unique ability to combine transportation and offshore installation services within one organisation. This integrated approach has contributed to recent project successes in Argentina, where Jumbo will transport and install critical mooring and subsea infrastructure for major offshore energy developments. According to Peter, this combination of shipping and offshore expertise provides a distinct advantage for clients by reducing interfaces, streamlining logistics, and improving overall project efficiency.

The Americas are becoming an increasingly important region for Jumbo. Through several recently awarded projects in Argentina and ongoing activities in Guyana, the company is supporting the development of new offshore energy hubs while applying its extensive experience in challenging and remote locations. Peter noted that Jumbo’s strong track record and specialist expertise continue to create opportunities in niche markets where reliability, experience, and technical capabilities are critical.

Sustainability remains a key focus for Jumbo. The new L-Class vessels will be delivered with dual-fuel, methanol-ready engines, enabling future adoption of alternative fuels as infrastructure and market demand develop. In addition, Jumbo continues to explore innovations to reduce emissions and improve operational efficiency, including wind-assisted propulsion technologies, advanced routing systems, and data-driven fuel optimisation.

As Jumbo prepares for the arrival of its new vessels, Peter’s priorities are clear: deliver the L-Class program successfully, continue attracting talented maritime professionals, and further strengthen the company’s position at the intersection of shipping and offshore operations.

 
 

In a recent interview on the Project Cargo Professionals podcast, Jumbo’s CEO Peter de Bree shared his vision for the company’s future, highlighting fleet expansion, offshore growth opportunities, and the unique combination of shipping and offshore installation capabilities that continues to set Jumbo apart.

Having assumed the role of CEO in early 2025, Peter brings extensive experience from the offshore industry and a deep understanding of Jumbo’s operations. He emphasised the strength of the company’s people, entrepreneurial culture, and long-term outlook as key reasons for taking on the leadership role.

A major milestone for Jumbo is the recent order of two new L-Class heavy lift vessels, scheduled for delivery in 2028 and 2029. Designed in-house with input from commercial teams, vessel crews, and operational specialists, the newbuilds are tailored to meet future market demands while significantly improving fuel efficiency and cargo capacity. The fleet expansion will increase Jumbo’s fleet from eight to ten vessels, strengthening the company’s position in the global project cargo market.

Peter highlighted Jumbo’s unique ability to combine transportation and offshore installation services within one organisation. This integrated approach has contributed to recent project successes in Argentina, where Jumbo will transport and install critical mooring and subsea infrastructure for major offshore energy developments. According to Peter, this combination of shipping and offshore expertise provides a distinct advantage for clients by reducing interfaces, streamlining logistics, and improving overall project efficiency.

The Americas are becoming an increasingly important region for Jumbo. Through several recently awarded projects in Argentina and ongoing activities in Guyana, the company is supporting the development of new offshore energy hubs while applying its extensive experience in challenging and remote locations. Peter noted that Jumbo’s strong track record and specialist expertise continue to create opportunities in niche markets where reliability, experience, and technical capabilities are critical.

Sustainability remains a key focus for Jumbo. The new L-Class vessels will be delivered with dual-fuel, methanol-ready engines, enabling future adoption of alternative fuels as infrastructure and market demand develop. In addition, Jumbo continues to explore innovations to reduce emissions and improve operational efficiency, including wind-assisted propulsion technologies, advanced routing systems, and data-driven fuel optimisation.

As Jumbo prepares for the arrival of its new vessels, Peter’s priorities are clear: deliver the L-Class program successfully, continue attracting talented maritime professionals, and further strengthen the company’s position at the intersection of shipping and offshore operations.

 
 

15 September 2026 |

EXG manages heavy lift load-out

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Express Global Logistics (EXG), member to the Worldwide Project Consortium (WWPC) in India, together with its group company Megaload, successfully executed a comprehensive heavy-lift load-out and offshore installation campaign involving multiple critical marine structures.

The project involved the handling of 18 heavy-lift structures, including Concrete Topsides, Jackets, Berth Platform structures, and LPU Decks. Individual cargo weights ranged from 45 ton to nearly 700 ton single piece weight, with some of the largest structures measuring up to 35.5 metres in length, 21.6 metres in width, and 25.2 metres in height. The campaign required the deployment of 48 SPMT axle lines, specialized barges, and marine tugs to execute the load-out and marine transportation operations safely and efficiently.

The use of 48 SPMTs enabled controlled handling of the heavy structures from the fabrication and staging areas to the load-out location. Precise axle load distribution was particularly important while manoeuvring the cargo and maintaining stability during the transfer onto the barges.

Following the SPMT movement, the cargo was transferred onto the designated barge through controlled load-out operations. Stern-on mooring arrangements were planned according to the jetty conditions and barge geometry to maintain positional stability during the transfer.

Once the structures were positioned onboard, engineered sea-fastening arrangements were installed to secure the cargo for marine transportation. Ballasting operations were continuously managed to maintain the required vessel trim, draft, and stability throughout the operation.

One of the most technically demanding aspects of the project was the installation of a 466 ton trestle structure. Considering the site constraints and operational requirements, EXG adopted an Alternate Lifting Strand Jack System rather than relying on conventional heavy-lift cranes.

The solution was incorporated into the project planning from the initial stage, allowing the team to develop a controlled lifting and installation methodology well before execution.

The operation involved a controlled 6-metre vertical lift, followed by the transition of the trestle into the load-out configuration for marine transportation. Once offshore, the structure underwent a further controlled lift of approximately 8 metres before being positioned onto the pre-installed pile caps.

The entire operation was carefully synchronized with approved tidal windows, wave height limitations, and wind speed parameters. Continuous monitoring and precise coordination between the lifting, marine, and offshore teams ensured accurate positioning of the structure.

Through meticulous planning, detailed engineering, and disciplined execution, EXG and Megaload successfully completed the handling and load-out of 18 major heavy-lift structures along with the specialized offshore installation of the 466 ton trestle.

The successful execution demonstrated the Group’s capabilities across SPMT transportation, heavy-lift load-out, marine engineering, barge operations, sea fastening, ballast management, and offshore installation.

This project stands as a strong example of EXG’s ability to deliver complex marine infrastructure logistics through a combination of specialized equipment, advanced engineering solutions, proactive planning, and precise execution—ensuring that every transition, from yard movement to offshore installation, is carried out safely and under complete operational control.

 
 

Express Global Logistics (EXG), member to the Worldwide Project Consortium (WWPC) in India, together with its group company Megaload, successfully executed a comprehensive heavy-lift load-out and offshore installation campaign involving multiple critical marine structures.

The project involved the handling of 18 heavy-lift structures, including Concrete Topsides, Jackets, Berth Platform structures, and LPU Decks. Individual cargo weights ranged from 45 ton to nearly 700 ton single piece weight, with some of the largest structures measuring up to 35.5 metres in length, 21.6 metres in width, and 25.2 metres in height. The campaign required the deployment of 48 SPMT axle lines, specialized barges, and marine tugs to execute the load-out and marine transportation operations safely and efficiently.

The use of 48 SPMTs enabled controlled handling of the heavy structures from the fabrication and staging areas to the load-out location. Precise axle load distribution was particularly important while manoeuvring the cargo and maintaining stability during the transfer onto the barges.

Following the SPMT movement, the cargo was transferred onto the designated barge through controlled load-out operations. Stern-on mooring arrangements were planned according to the jetty conditions and barge geometry to maintain positional stability during the transfer.

Once the structures were positioned onboard, engineered sea-fastening arrangements were installed to secure the cargo for marine transportation. Ballasting operations were continuously managed to maintain the required vessel trim, draft, and stability throughout the operation.

One of the most technically demanding aspects of the project was the installation of a 466 ton trestle structure. Considering the site constraints and operational requirements, EXG adopted an Alternate Lifting Strand Jack System rather than relying on conventional heavy-lift cranes.

The solution was incorporated into the project planning from the initial stage, allowing the team to develop a controlled lifting and installation methodology well before execution.

The operation involved a controlled 6-metre vertical lift, followed by the transition of the trestle into the load-out configuration for marine transportation. Once offshore, the structure underwent a further controlled lift of approximately 8 metres before being positioned onto the pre-installed pile caps.

The entire operation was carefully synchronized with approved tidal windows, wave height limitations, and wind speed parameters. Continuous monitoring and precise coordination between the lifting, marine, and offshore teams ensured accurate positioning of the structure.

Through meticulous planning, detailed engineering, and disciplined execution, EXG and Megaload successfully completed the handling and load-out of 18 major heavy-lift structures along with the specialized offshore installation of the 466 ton trestle.

The successful execution demonstrated the Group’s capabilities across SPMT transportation, heavy-lift load-out, marine engineering, barge operations, sea fastening, ballast management, and offshore installation.

This project stands as a strong example of EXG’s ability to deliver complex marine infrastructure logistics through a combination of specialized equipment, advanced engineering solutions, proactive planning, and precise execution—ensuring that every transition, from yard movement to offshore installation, is carried out safely and under complete operational control.

 
 

15 September 2026 |

SCL and Flowlink coordinates transport to Panama

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Sea Cargo Logistics (SCL) and Flowlink, both members of the XLProjects Network (XLP), successfully coordinated the transportation of an electrical transformer and 29 packages of accessories from Shanghai, China, to Río Congo, La Chorrera, Panama.

The operation combined ocean transportation from Shanghai to Balboa with specialized inland transportation to the destination, covering more than 15,000 kilometers.

The shipment had a total gross weight of 101,702 kg and a volume of 243.723 CBM. The main transformer measured 5.05 M long, 3.45 M wide and 3.55 M high, requiring careful coordination for cargo handling and inland transportation.

After arrival at the Port of Balboa, SCL coordinated the onward movement to Río Congo using low-bed trailers, flatbed trailers and a telescopic crane. The operation required specialized equipment and close coordination between the teams in China and Panama to manage the cargo through to final delivery.

By combining international ocean transportation with specialized inland handling, SCL managed the complete cargo movement from origin to destination, demonstrating its ability to coordinate complex project cargo across multiple stages and countries.

Sea Cargo Logistics (SCL) provides project cargo and logistics solutions for complex and oversized shipments, supporting customers with specialized transportation planning, cargo handling and multimodal logistics services. Flowlink provides freight forwarding and logistics services, supporting international cargo movements and coordination at origin. Both companies are members of the XLProjects Network (XLP).

 
 

Sea Cargo Logistics (SCL) and Flowlink, both members of the XLProjects Network (XLP), successfully coordinated the transportation of an electrical transformer and 29 packages of accessories from Shanghai, China, to Río Congo, La Chorrera, Panama.

The operation combined ocean transportation from Shanghai to Balboa with specialized inland transportation to the destination, covering more than 15,000 kilometers.

The shipment had a total gross weight of 101,702 kg and a volume of 243.723 CBM. The main transformer measured 5.05 M long, 3.45 M wide and 3.55 M high, requiring careful coordination for cargo handling and inland transportation.

After arrival at the Port of Balboa, SCL coordinated the onward movement to Río Congo using low-bed trailers, flatbed trailers and a telescopic crane. The operation required specialized equipment and close coordination between the teams in China and Panama to manage the cargo through to final delivery.

By combining international ocean transportation with specialized inland handling, SCL managed the complete cargo movement from origin to destination, demonstrating its ability to coordinate complex project cargo across multiple stages and countries.

Sea Cargo Logistics (SCL) provides project cargo and logistics solutions for complex and oversized shipments, supporting customers with specialized transportation planning, cargo handling and multimodal logistics services. Flowlink provides freight forwarding and logistics services, supporting international cargo movements and coordination at origin. Both companies are members of the XLProjects Network (XLP).

 
 

15 September 2026 |

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 |
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