FedEx Express launches SME-friendly delivery service in KSA: FedEx subsidiary FedEx Expresslaunched its more cost-effective delivery service in Saudi Arabia, the company saidin a press release on Monday. The services — dubbed FedEx International Economy and FedEX International Economy Freight — allow customers to save on less time-sensitive deliveries of shipments of various sizes, making it suitable for SMEs.

Qatar Gas Transport Company (Nakilat) and South Korean engine manufacturer HSD Engine signed a long-term agreement for the maintenance and provision of spare parts for Nakilat’s LNG vessels, Seatrade Maritime News reports.

Other things worth knowing about this morning:

  • Huawei is now using global transit system TIR for its trucks, allowing it to save days’ worth of time on transit shipments between Saudi Arabia and Oman. (Statement)