Abu Dhabi Ports Acquires MICCO To Become Leading Provider Of Fully Integrated Supply Chain Logistics Solutions
Abu Dhabi Ports, part of ADQ – one of the region’s largest
holding companies with a broad portfolio of major enterprises spanning key
sectors of Abu Dhabi’s diversified economy, announced another step in its drive
to enhance the emirate’s rank as an international hub for trade and logistics
with the acquisition of MICCO Logistics.
With the integration of MICCO as part of Abu Dhabi Ports
Logistics, the Group’s logistical arm is setting itself apart from the
competition. Abu Dhabi Ports Logistics leverages MICCO’s experience and
capabilities as the emirate’s first provider of end-to-end logistics solutions.
Thanks to the powerful combination of MICCO’s international
and regional logistics solutions, its large and diversified transportation
fleet, and a network of temperature-controlled warehouses, along with the
Group’s extensive multi-cargo handling and industrial zone capacity, Abu Dhabi
Ports is in a unique position to serve its customers along every segment of the
supply chain.
The added capacity enables the organization to manage all
customer touchpoints including sourcing; PO management; international freight
handling through Project, Commercial, and Contract Logistics; customs
clearance; stevedoring; local, regional, and international transportation;
Airline Road Feeder Services; and, storage, order fulfillment, and handling
solutions via its strategically located network of distribution centers.
Abu Dhabi Ports’ enhanced logistics portfolio will ensure
that it remains the leading provider of logistics services for the energy
sector, while at the same time it expands its value offer to other strategic
sectors including retail, e-fulfillment, FMCG, and pharmaceutical/healthcare.
H.E. Khalifa Sultan Al Suwaidi, Vice Chairman of Abu Dhabi Ports and Chief Investment Officer at ADQ, commented: “We are collaborating with Abu Dhabi Ports to transform its logistics arm into one of the largest, most capable, and most cost-efficient providers of fully integrated and holistic logistics solutions in the UAE and beyond. This reflects ADQ’s key role in stimulating economic development and growth through our logistics cluster while further strengthening Abu Dhabi Ports’ strategic position as a leading provider of integrated port and industrial zone services and a facilitator of global maritime trade and logistics.”
Captain Mohamed Juma Al Shamisi, Group CEO, Abu Dhabi Ports,
said: “The acquisition of MICCO is a critical step in our emirate’s journey to
establish itself as a leading hub within the global trade and supply chains.
“The combined advantage of both organizations means that Abu
Dhabi Ports will be able to compete on the regional and global stage as a
provider of holistic logistics solutions, enhancing what we offer to both
existing and prospective customers, while at the same time furthering our
contribution to Abu Dhabi’s non-oil GDP and the government’s diversification
efforts.”
Robert Sutton, Head of Abu Dhabi Ports Logistics Cluster,
said: “Aligning directly with Abu Dhabi Ports’ growth strategy, the integration
of MICCO has enabled us as an organization to both enhance our service
offering, while also meet the needs of a broader global market.
“Our greatly expanded capacity to deliver a wide spectrum of
services across the entire supply chain has also opened doors for us to target
new opportunities in segments that have been traditionally underserved,
including FMCG and healthcare. With the addition of MICCO, we are truly
connecting the world with the Gulf and beyond.”
Founded in 1978, MICCO Logistics is one of the first local
freight forwarders established in Abu Dhabi and one of the first businesses to
offer consolidated freight services to the emirate’s oil and gas industry.
With a modern ground fleet comprised of more than 350 prime
movers with a diversified fleet of trailers, specialized storage facilities,
MICCO’s diverse portfolio of logistics solutions include freight management in
Project, Contract, and Commercial Logistics, multi-modal transport,
warehousing, and distribution, stevedoring, as well as road feeder services for
the aviation segment.
As the first logistics company to establish its presence in
the Khalifa Industrial Zone Abu Dhabi (KIZAD), MICCO’s distribution center
includes several temperature-controlled warehousing services that are ideally
suited for storing sensitive cargo for extended periods.
The state-of-the-art Warehouse Management Systems and highly
advanced GPS systems add to the technical excellence extended within the supply
chain.
Marine Insight — 30 Sep 2020