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Disruptions along major trade routes are rattling the ins. and shipping markets, and risking inflation
Marine ins. are factoring added risk, and shipping rates have increased multiple times along affected routes
Vessels continue to avoid Red Sea transits despite a decrease in attacks
European oil refineries are ramping up crude purchases from suppliers closer to home following disruptions to Middle Eastern supplies.
TODAY: Joramco extends MRO agreement with Ryanair
What we’re tracking this morning regionally and around the world
UAE-based East Africa Gateway is reportedly eyeing a Tanzania port acquisition
The potential transaction is under review by Tanzania’s antitrust regulator
Maersk warns that the worst is yet to come as trade groups call for more commercial shipping protections
Duqm refinery looks to leverage its strategic location to capitalize on shifting trade routes.
TODAY: A new electrified transit network for Abu Dhabi + How MENA countries fared in EM logistics index
What we’re tracking this morning regionally and around the world
TODAY: Aramco and DHL team up on a new supply chain company + Maqta Gateway snaps up 60% of Dubai Technologies
What we’re tracking this morning regionally and around the world
Bahri + Boeing Saudi Arabia inks supply chain MoU, QatarEnergy + Mitsui ink long-term energy agreement, and aviation updates from KSA and Egypt
SUPPLY CHAINS- KSA’s national shipping company Bahri has inked an MoU with Boeing SaudiArabia to expand cooperation in supply chain…
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