Industry, Logistics & Shipping

ASRY signs new deal with AMPTC for fleet maintenance

The Arab Shipbuilding and Repair Yard Company (ASRY) has signed a new agreement with the Arab Maritime Petroleum Transport Company (AMPTC) to provide docking and maintenance services for AMPTC’s fleet of tankers operating in the region.
 
The agreement was formalised during a meeting attended by Engineer Adel Aljasem, Chairman of the Board; Dr Ahmed AlAbri, ASRY’s Chief Executive Officer; and Hocine Boudia, AMPTC’s Director General, along with senior officials from both organisations.
 
Engineer Aljasem expressed his pleasure at the partnership, describing it as a fraternal example of Arab companies working together under a shared vision. He stressed the importance of diversifying income sources and strengthening productivity while maintaining operational excellence. 
 
Aljasem also commended ASRY’s extensive facilities and expertise, describing it as one of the Middle East’s leading maritime firms.
 
Dr AlAbri voiced his enthusiasm for meeting AMPTC’s delegation, led by Eng Aljasem, and reaffirmed the strong partnership between the two firms. 
 
"Our relationship with AMPTC has always been based on mutual trust and shared objectives. This agreement enables us to continue providing tailored services that meet their fleet’s specific needs,’ said Dr AlAbri. He further noted ASRY’s ongoing efforts to deliver exceptional, high-quality services, drawing on its decades of experience in the maritime sector.
 
Boudia praised ASRY’s technical expertise and long-standing reputation. He described the agreement as a clear example of successful collaboration between Arab enterprises and emphasised their shared focus on achieving mutual progress and economic growth. - TradeArabia News Service
 

Industry, Logistics & Shipping

EDGE Group advances anti-drone co-operation with Brazilian Navy

EDGE, one of the world's leading advanced technology companies and defence groups, has announced the signing of a strategic letter of intent with the Brazilian Navy, through the Navy's Weapons Systems Directorate, detailing the joint development of anti-drone systems. 
 
The next phase will involve establishing a joint working group, comprising technical experts from both parties, to advance the established partnership.
 
The objective of this cooperation is to develop and deploy counter-drone systems tailored to naval defence needs, with a focus on autonomous surface and aerial technologies, said EDGE in a statement. 
 
These systems will incorporate advanced sensors, such as radars and electro-optical technologies, combined with signal jamming capabilities to effectively neutralise threats from autonomous air and surface vehicles, it stated.
 
The document was signed at LAAD Defence & Security 2025, currently being held at the Riocentro Exhibition & Convention Center in Rio de Janeiro.
 
This milestone represents a continued commitment to strengthening technical, operational, and logistical cooperation with the Brazilian Navy, with a shared focus on advancing sophisticated anti-drone systems for naval applications.-TradeArabia News Service

Industry, Logistics & Shipping

Automechanika Riyadh draws over 50 expert speakers

Automechanika Riyadh, Saudi Arabia’s leading regional trade show for the automotive aftermarket industry, has confirmed over 50 high-profile expert speakers at the event who will take to the Automechanika Academy stage, highlighting the event’s role in shaping the future of Saudi automotive aftermarket sector.
 
Taking place from 28-30 April at the Riyadh International Convention and Exhibition Center (RICEC), the seventh edition of the sold-out exhibition will showcase a range of sessions as part of its conference offering, addressing how Saudi Arabia is taking strides to localise production and focusing focuses on becoming a regional automotive manufacturing and aftermarket hub.
 
According to research by Statista, Saudi Arabia accounts for nearly 50% of the region’s car sales, with over 600,000 new vehicles registered annually, resulting in a booming aftermarket sector. 
 
With the automotive industry being crucial to Saudi Arabia’s Vision 2030, the country aims to produce 700,000 vehicles as part of its economic diversification strategy.
 
Following the success of the 2024 edition, Automechanika Academy will deliver cutting-edge insights and facilitate knowledge exchange across the automotive ecosystem. 
 
The three-day conference will bring together government stakeholders, aftermarket leaders, Original Equipment Manufacturers (OEMs), Electric Vehicle (EV) innovators, and supply chain strategists to address the sector’s most pressing themes.