SHIPPING + MARITIME-

A new shipping service is set to boost Jeddah Islamic Port’s connectivity to ports in the Mediterranean, the Saudi Ports Authority said on X. The new service, dubbed Levant Express and operated by the Mediterranean Shipping Company (MSC), will operate weekly trips to the ports of La Spezia and Naples in Italy, Mersin in Turkey, and Alexandria in Egypt, with a capacity of up to 15k containers.

DECARBONIZATION-

Admiral Mobility is providing UAE logistics company Aramex with electric trucks and charging solutions, according to a statement. Aramex plans to deploy Admiral Mobility’s Farizon Auto H9E electric trucks within their operations in May 2024.

About the truck: The Farizon H9E All-electric Truck, developed under Geely Farizon New Energy Commercial Vehicle Group, was launched in 2016. The truck is fitted with a 360 degree panoramic camera, a road deviation warning system, emergency active braking, and a new energy battery, according to Farizon (watch, runtime: 2:47). The truck has a range of 324 km and a charging time of 40 minutes.

DATA CENTER-

BNY Mellon has deployed its cloud-native data platform for the first time in the UAE in collaboration with Abu Dhabi-based global alternative investment manager Lunate Capital, according to a pressrelease. The platform integrates existing data sources with external datasets to give clients a competitive advantage. BNY Mellon recently inked a strategic alliance with Microsoft as well as a partnership with Accenture.

RAIL-

The Suez Canal Authority (SCA) and Red Sea Shipyard Company have opened a locomotive manufacturing factory in Safaga, according to a statement. The factory, spanning an area of 9k sqm, has been built in efforts to localize Egypt’s manufacturing capabilities and support national service projects.