GulfBase Live Support
16/09/2025 07:52 AST
Adnoc Logistics and Services (Adnoc L&S) has deployed the first AI-powered Smart Port Solution in the GCC to optimise petroleum port operations.
The solution streamlines resource allocation and enables real-time tracking of marine activities to improve operational efficiency, reduce costs, and enhances sustainability across Adnoc L&S' petroleum ports in the UAE.
The innovative solution, developed by Innovez One, a leading provider of a port management information system (PMIS), reduces vessel turnaround time by up to 90 per cent, cutting service sourcing time from three hours to just 45 seconds.
By saving 3,000 hours annually, the solution is expected to deliver $950,000 in operational savings by 2028.
The solution also increases jetty utilisation by 20 per cent, improving overall port efficiency, which is projected to deliver a 10 per cent improvement in vessel management.
Abdulkareem Al Masabi, CEO of Adnoc L&S, said: "The deployment of the smart port solution across our petroleum ports in the UAE, underscores our commitment to harnessing AI, as we continue to invest in innovation to optimise our operations and drive further value for our business and customers."
This advanced AI solution, now deployed across key Adnoc L&S petroleum ports, including Das, Zirku, Mubaraz, Ruwais, and Jebel Dhana, reinforces the Company's position as a leader in digital transformation.
David Yeo, CEO of Innovez One, commented: "Our collaboration with Adnoc L&S is a testament to the transformative power of AI in global energy logistics. By optimising operational workflows, we're not only improving efficiency but also contributing to Adnoc L&S's sustainability goals, helping make the UAE's petroleum ports a global benchmark for smart operations."
Trade Arabia
04/09/2025
Adnoc Logistics and Services plc (Adnoc L&S / the Company), a global energy maritime logistics company, today announced the successful completion of a $317 million institutional placement of approxim
Trade Arabia
13/08/2025
Adnoc Logistics & Services has reported its highest-ever quarterly results for Q2 2025, with revenue rising 40 per cent year-on-year to $1.26 billion and Ebitda increasing 31 per cent to $400 million
Khaleej Times
13/05/2025
Adnoc Logistics and Services, a global energy maritime logistics company, on Monday announced a 41 per cent rise in first quarter revenues to $1.181 billion (Dh4.339 billion).
Earnings befor
Khaleej Times
Ticker | Price | Volume |
---|
Ticker | Price | Change |
---|---|---|
ALPHADHABI | 10.52 | -0.10 (-0.95 |
IQCD | 12.92 | 0.03 (0.23 |
ADPORTS | 3.94 | -0.03 (-0.76 |
NMDC | 22.12 | 0.06 (0.27 |
QEWS | 15.91 | 0.01 (0.06 |
16/09/2025
Jamjoom Pharmaceuticals Factory Company (Jamjoom Pharma), one of the fastest-growing pharmaceutical companies in the Middle East and Africa, has signed a strategic commercialisation agreement with Bi
Trade Arabia
16/09/2025
Dar Al Majdiah Real Estate Company (Al Majdiah) has signed two contracts with Tatweej Contracting Company to implement two residential projects - one each in Riyadh and Jeddah - as part of the compan
Trade Arabia
16/09/2025
Saudi Arabia's Naba Alsaha Medical Services Company has awarded a contract to Fujitec Saudi Arabia for the supply and installation of elevators and escalators for the Naba AlSaha Hospital project in
Trade Arabia
16/09/2025
Al-Futtaim, a regional retail powrhouse, has acquired a 49.95% stake in Cenomi Retail, a leading retail brand in Saudi Arabia, for a total consideration of SAR2.52 billion ($686 million), at SAR44 pe
Trade Arabia
16/09/2025
ALEC Holdings, a market-leading diversified engineering and construction group, today announced its intention to list 20% of its share capital on the Dubai Financial Market (DFM) through an initial p
Trade Arabia