Stories on our radar this morning from around the region
Author Archives: logisticseditor
TODAY: Cairo confirms the Damietta blaze was a drone strike + Adnoc adds crude tankers to its fleet
What we’re tracking this morning regionally and around the world
Egypt's Cabinet confirms a drone caused the Damietta Port fire
The strike directly hit the regasification vessel, while the adjacent storage vessel was disconnected and remains “100% intact”
Adnoc spends nearly USD 1 bn buying eight tankers to bring more of its export chain in-house
Adnoc L&S already operates a fleet that includes eight VLCCs and seven VLGCs
One more year for Kirkuk-Ceyhan pipeline, and a new pharma hub for Jeddah
Stories on our radar this morning from around the region
Low water on the Rhine drives up freight costs and cuts inland cargo capacity
Switzerland is the most exposed link in that chain — as it receives around 30% of its mineral-oil products via the Rhine
Fertiglobe reroutes fertilizer exports around chokepoint risk
The company is eyeing using trains alongside trucks and alternative ports to strengthen its export network.
Kuwait Airways shifts to a fully state-owned corporate structure
Kuwait Airways is getting private-sector flexibility without private capital, as the state rewrite how the carrier is owned, governed, and funded
2Q earnings from DAE, SAL + NDMC Energy
SAL’s cargo and logistics businesses delivered higher earnings in 2Q, while surging tanker rates propelled Bahri to a record quarter
DP World goes multi-user in Riyadh + Dubai South doubles down on Aerospace
Stories on our radar this morning from around the region