(MENAFN) Transworld Group of Dubai announced it has entered into a formal agreement with Nawah in order to service Iraq's growing demand for imports by linking both companies' considerable shipping, logistics, marine services and port capabilities, Khaleej Times reported.
Under the new agreement, Transworld Group and Nawah Port Management will work together to increase the flow of essential goods coming from the broader Middle East, Indian subcontinent, Far East and Southeast Asia into Port of Basra.
Transworld Group, which owns and operates a fleet of 30 vessels and has offices at all major ports in the United Arab Emirates as well as other Arabian Gulf countries, said that working with Nawah Port Management, which operates the first modernized, containerized terminal in the Port of Basra will redefine logistics in the Middle East due to their combined expertise, market reach, state-of-the-art technology and customer-focused shipping and logistics services.
"The sheer scale and magnitude of development occurring today in Iraq, along with a growing middle class, requires logistical flows of epic proportions. Aligning with Nawah provides Transworld Group with first-class logistics solutions and unrivaled port operations in Basra and one of the most reliable door-to-door capabilities in Iraq," Transworld Group's director of strategy and business planning said.
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