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Russia and India are looking to develop the Northern Sea trade route— the shortest route between East Asia and Europe — with a focus on shipping from Vladivostok port, Russia’s Interfaxreports. Russia’s Minister of Development of the Russian Far East and Arctic Alexei Chekunkov discussed the route with Indian officials this week. Reuters also has […]
Author Archives: enterpriseam admin
Posted inCalendar
MARCH 28-30 March (Tuesday-Thursday): Mediterranean Ports and Shipping 2023, Grand Hyatt, Athens, Greece. APRIL 18-20 April (Tuesday-Thursday): Intermodal Africa, Durban International Convention Centre, South Africa. 25-27 April (Saturday-Monday): World Cargo Symposium, Hilton Istanbul Bomonti Hotel and Conference Centre, Istanbul, Turkey. MAY 4 May (Tuesday): Deadline to submit proposals for the design, construction, finance, operation, and […]
Posted inWhat we're tracking today
TODAY: ADNOC Logistics IPO in the works + US-led coalition keeps watch over Gulf waters
Good morning, friends, and welcome to the first workweek of Ramadan. We have a packed issue to help kick off your morning, with news from the SCZone, Iraq and Abu Dhabi. HAPPENING TODAY- A US-led coalition has launched drone patrols to surveil Gulf waters and keep watch over crude oil and energy shipments, according to […]
Posted inZones
Chinese steel company Xinxing to invest USD 2 bn in SCZone
The plants will produce iron pipes and steel for domestic use and for export
Posted inIPO Watch
ADNOC to list its logistics subsidiary in June
State oil giant Abu Dhabi National Oil Company (ADNOC) will float its marine and logistics arm ADNOC Logistics and Services (ADNOC L&S) in June, unnamed sources told Reuters. ADNOC has not made a public announcement on the possible IPO and has so far declined to comment on the alleged IPO plans. Advisors: Citigroup, JP Morgan, […]
Posted inDispute Watch
Iraq halts Kurdish oil exports after court rules in its favor in landmark arbitration case against Turkey
Iraq has halted crude exports from the Kurdish region after a court ruled in its favor in a 9 year arbitration dispute against Turkey over Kurdish oil exports, last Thursday according to a statement from Iraq’s oil ministry. Under the ruling, Turkey will shell out approximately USD 1.5 bn to Iraq, a figure far lower […]
Posted inRail
Iraq approves Development Road linking it with Turkey
Linking Iraq's Faw port to Turkey's border, the highway will be dedicated to transporting goods
Posted inAround the World
Beijing is less excited than Moscow about prospects for a new gas pipeline
China’s lukewarm attitude towards a major new gas pipeline poject with Russia signals a shift in power dynamics, according to a recent analysis by France 24. China provided Russia with an economic lifeline last year after Western powers slapped sanctions on Russian energy exports in response to the invasion of Ukraine. Accordingly, Russian officials have […]
Posted inCalendar
MARCH 28-30 March (Tuesday-Thursday): Mediterranean Ports and Shipping 2023, Grand Hyatt, Athens, Greece. APRIL 18-20 April (Tuesday-Thursday): Intermodal Africa, Durban International Convention Centre, South Africa. 25-27 April (Saturday-Monday): World Cargo Symposium, Hilton Istanbul Bomonti Hotel and Conference Centre, Istanbul, Turkey. MAY 4 May (Tuesday): Deadline to submit proposals for the design, construction, finance, operation, and […]