Mubasher: Integrated Logistics Co, a fully owned subsidiary of Integrated Holding Company, has been chosen to carry out cargo stevedoring and door-to-door handling operations for cargo and containers at Shuwaikh Port, which is affiliated to Kuwait Port Authority's (KPA).
Moreover, the subsidiary will additionally execute operations through the RoRo stevedoring in Port of Shuaiba, according to a bourse statement on Monday.
The transaction's impact is expected to reflect on the company’s income statement in line with carrying out the cargo-related works.