CEVA Logistics adds multi-modal services in Bahrain
Global supply chain solutions provider, CEVA Logistics has expanded its presence across the Middle East by establishing a unit in Bahrain. The company’s new office in Manama will offer a full range of air, ocean, ground and contract logistics services.
According to the International Monetary Fund, Bahrain’s economy is set to expand 3.3 percent in 2022 and 2.9 percent in 2023. In addition, annual GDP growth, along with oil and gas market dynamics, are likely to support further economic growth.
The new office will accelerate growth in key industries and Middle East markets, where the company’s revenues grew 30 percent in 2021. In addition, the direct presence with support the company’s offering of end-to-end deliveries and last-mile services. CEVA’s direct Middle East presence now includes Bahrain, the United Arab Emirates, Qatar and Oman.
Axel Herzhauser, regional managing director, Middle East & Africa, CEVA Logistics said, “Our growth strategy of adding local expertise is central to delivering our responsive logistics solutions. Our CEVA employees in the local market can adapt our solutions to ensure a reliable, sustainable supply chain connecting our customers in Bahrain to other Middle Eastern and global markets.”
Herzhauser further said to Project Cargo Journal that Bahrain’s aspirations to be a globally competitive economy will certainly provide opportunities for the company to use its logistics capabilities to support that economic growth.
“We are constantly looking at the way economies and regions are developing and then how we can deliver our solutions to co-create value alongside our customers. Ultimately, we are focused on supporting our customers’ logistics operations in the Middle East regardless of their specific industry or projects,” he said.
“The region’s oil & gas sector certainly fits well with our breakbulk capabilities. Our strong project logistics team leverages our nine strategic centres around the world, including one centre in the Middle East, based in Dubai. We also have another nine global support centres to support breakbulk projects. With our broad range of solutions and our expertise in many different sectors, we’re ready to take on projects across the spectrum. That said, with the projects planned already in Bahrain, the opportunities around infrastructure are certainly noteworthy,” concluded Herzhauser.