TRADE-

#1-The first of three additional regasification units made port in Egypt, with Energos Power, owned by the US-based New Fortress Energy, arriving at Alexandria Port’s Tahya Misr terminal yesterday, according to a statement from the Oil Ministry. The unit will regasify imported LNG for injection into the national gas grid during the upcoming high-demand season in summer.

Next step: The unit will head to Damietta Port for prep work before being deployed at Ain Sokhna. The unit will go online by 22 June, with plans to inject some 600 mn cf/d of regasified LNG into the grid, three sources told Asharq Business.

Boosting capacity: Energos Power will soon join the already docked 750 mcf/d-Hoegh Galleon in Ain Sokhna, and will be followed soon by the 750 mcf/d-Energos Eskimo, currently in Jordan’s Aqaba, and a floating storage regasification unit from Turkish state-owned energy firm BOTAS.

REMEMBER- The Egyptian government is preparing for a surge in demand over the summer months, which has led the country to target importing 155-160 shipments of LNG this year to close the gap between demand and supply.

#2- Oman rolls out anti-dumping tax on porcelain, ceramic: Oman’s Commerce, Industry, and Investment Promotion Ministry will impose anti-dumping levies on ceramic and porcelain tile imports originating or exported from China and India, the Oman News Agency reported last week. The decision is effective 29 May 2025.

SHIPPING + MARITIME –

Evergreen links Dammam to nine key ports: The Saudi Port Authority (Mawani) added Evergreen’s shipping service ARPG to Dammam’s King Abdulaziz Port, connecting it to nine ports, according to a statement from Mawani. The new service, which boasts a capacity of 9.5k TEUs, will connect King Abdulaziz Port to the ports of Klang in Malaysia, Laem Chabang in Thailand, Vung Tau in Vietnam, Kaohsiung in Taiwan, Yantian, Ningbo, and Shanghai in China, Umm Qasr in Iraq, and Jebel Ali in the UAE.

ICYMI- Mawani added AP Line’s shipping service Al Pakistan Gulf to King Abdulaziz Port lastmonth, connecting it to the ports of Karachi in Pakistan and Jebel Ali in the UAE, with a capacity of 2.9k TEUs. Mawani also inked a contract with Dammam-based Sultan Logistics Company last month to develop a SAR 200 mn, 197k sqm logistics zone in the port.

LAST-MILE-

#1- Lalamove sets up shop in Dubai: Hong Kong-based delivery service provider Lalamove has started operating in Dubai, its 14th global market, as part of a push to expand across the Middle East, Europe, and Africa, according to a press release. The delivery service will cover Dubai, Sharjah, and Abu Dhabi, with COO Paul Loo identifying the UAE as a trading and logistics hub.

About Lalamove: Founded in 2013, Lalamove provides logistics solutions for SMEs, connecting users with drivers and vehicles suited for small to large shipments, including 1-ton and 3-ton trucks. The company provides real-time tracking and aims to reduce costs for smaller businesses.

#2- Emirates Post, Aramex launch retail logistics partnership: Emirates Post, the postal arm of 7X and the UAE’s official postal service, has partnered with UAE-based logistics provider Aramex to offer its domestic and international shipping services through select Emirates Post branches, according to a post on LinkedIn picked up by Gulf News. The pilot phase includes support for specialized shipments, including hazardous goods, as well as parcel pickups and returns. The rollout will expand nationwide, with no timeline disclosed.

The bigger picture: This comes amid an Emirates Post push to transform its branches into multi-service logistics hubs and follows a similar tie-up with FedEx, which earlier this month opened 68 authorized shipping centers at Emirates Post branches to provide walk-in international shipping services.

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