PROJECT NEWS FROM POLARIS SHIPPING AGENCIES LLC

Polaris Projects Completes Key Contracts in July 2024

Polaris Projects, the project division of Polaris Shipping Agencies LLC, United Arab Emirates, commenced July with a significant cross-trade contract involving shipments from multiple CIS destinations. These shipments were consigned to Polaris, UAE, for storage and refurbishment. Utilizing the Jebel Ali Free Zone Logistics license, Polaris could import these shipments duty-free and VAT-exempt into the Jebel Ali Free Zone, with no time restrictions for export.

The project involved approximately 2,800 freight tons of Roro units, each with a maximum unit weight of 25 MT. These units were meticulously inspected and refurbished at the Jebel Ali facility to meet the receiver’s requirements before being shipped to Myanmar. To avoid additional charges at the destination, shipments were dispatched in multiple lots as per the receiver’s instructions. The shipments were scheduled on container vessels using special equipment such as flat racks, open tops, and break bulk.

Polaris Scope Covered the Following:

• Collection from various suppliers in the CIS.
• Multimodal transportation via Georgia, Turkey to Jebel Ali.
• Receipt of units in the Jebel Ali Free Zone facility.
• Condition surveys of all units upon receipt, refurbishment, and export, with direct reporting.
• Refurbishment according to the receiver’s requirements.
• Coordination and arrangement of all inward and outward formalities.
• Stuffing and lashing on special equipment for containerized units and delivery under tackle for break bulk shipments.
• Competitive ocean freight solutions to Port Myanmar.

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