World oil flows at risk as Iran mulls closure of Hormuz Strait

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What we're tracking today

TODAY: Hormuz Strait closure looms + Roads and debt updates from Oman

Good morning, folks. We have a busy newscyle today as the world and region brace for the fallout of the US strikes on Iran. The possibility of a Hormuz Strait closure, and its impact on oil flows, leads the pack today, followed by projects and debt updates from Oman. Let’s get the ball rolling.

THE BIG LOGISTICS STORY- The world is bracing for the fallout of the Iran-US confrontation: All eyes are on Iran’s next move as the country mulls its next move. Whether Iran chooses to shut down the Strait of Hormuz or target US assets and personnel already, the speculations sent diplomatic efforts and energy markets into a spin — although not by as much as some had feared.

So far, Iran’s response has been limited to exchanging missiles with Israel, with reports suggesting that the Iranian Supreme Leader Ayatollah Ali Khamenei has decided not to retaliate against the US directly and “risk a harsher response that wreaks more destruction on the republic,” Iranian government insiders told the Financial Times .

But if Iran does decide to close the Strait of Hormuz, crude oil prices could soar past USD 130 per barrel, with the cutting off about 30% of the world’s daily oil supply and 20% of global LNG trade violently ramping up energy costs across the globe, according to Bloomberg analysts. In response to Iranian state TV reports that the country’s parliament had voted to approve the closing of the energy corridor, US Secretary of State Marco Rubio urged Beijing to pressure Iran to keep the passage open.

HAPPENING THIS WEEK-

Mobility Live Middle East returns to Dubai on Tuesday and Wednesday at the Dubai World Trade Center, spotlighting future transport. The trade event will bring together regional mobility leaders for keynotes, panel sessions, and an expo featuring autonomous tech, smart cities, and public transport.

Middle East Rail will run in parallel on Tuesday and Wednesday at Dubai World Trade Center, bringing together transport ministries, rail operators, and tech firms for discussions and exhibitions on high-speed networks, digitalisation, and transit infrastructure.

Global Transport Connectivity Forum will kick off in Istanbul, Turkey, on Friday, 27 June and run to Sunday, 29 June. The forum will address climate change, transport connectivity, and global transport corridors. It will host ministers, industry leaders, and executives of financial institutions and organizations.

WATCH THIS SPACE-

#1- Yemen’s Houthis are poised to resume attacks on US ships in the Red Sea, after the group threatened to attack US ships if the latter strikes Iran, a Houthi spokesperson said on Saturday before the US strike on Iran’s nuclear facilities. If the Houthis follow through, this will put an end to a ceasefire agreement announced back in May that saw the US suspend its airstrikes on Houthi-controlled areas in Yemen in exchange for the Yemeni group’s vow to stop attacking US shipping vessels in the region.

IN OTHER RELATED MARITIME UPDATES- Arabian Gulf maritime ins. costs see uptick: Ins. costs of ships transiting the Arabian Gulf have risen from an average of 0.125% to 0.2% of the value of the vessel per voyage, global head of marine and cargo ins. at Marsh McClellan Marcus Fisher told BBC last week (listen, runtime 26:28). This uptick coincides with Israel-Iran flare ups in the region, including around the Strait of Hormuz, which is responsible for the passage of around a fifth of global oil consumption.

#2- Israel once again put a halt to Egypt-bound natural gas exports yesterday morning, coinciding with the US’ strikes on Iranian nuclear sites only a few hours before, Asharq Business reports, citing an unnamed government source.

Israel had only just resumed gas exports on Thursday after a six-day pause, although most of this made its way to Jordan, with Egypt receiving only “tiny volumes,” an Israeli Energy Ministry source told Reuters last week.

The initial halt in flows followed Tel Aviv’s decision to start bombing Iran earlier in the month, which led to the shuttering of its Leviathan field as well as the Karish field, taking away 800 mcf/d from our national gas grid. Reduced gas flows from Israel not only mean an increased reliance on significantly more expensive LNG or mazut imports, but also put a significant strain on Egypt's efforts to keep the lights on ahead of high-demand summer months.

Meanwhile, Egypt is working quickly to secure backup infrastructure and is set to receive a fourth LNG regasification vessel in August — which we understand will be the vessel booked from Turkish state-owned energy firm BOTAS — to help stabilize and diversify energy supplies amid current global challenges, according to a cabinet statement. The awaited unit will be deployed in Damietta, Oil Minister Karim Badawi said.

#3- Qatar sweats over Iran-Israel war risks: Qatar held urgent talks with energy majors after an Israeli airstrike on Iran’s portion of the giant gas field it shares with Doha raised fears of regional escalations threatening its gas infrastructure, Reuters reported on Friday, citing an industry source and a diplomat. The strike landed roughly 200 km from QatarEnergy’s offshore platforms at the North Field — the centerpiece of a massive expansion project that will ramp up Qatar’s LNG output by 82%. The project includes stakes from ExxonMobil, ConocoPhillips, Shell, Eni, and TotalEnergies.

QatarEnergy has instructed tankers to stay out of the Strait of Hormuz until just before loading, amid fears that Iran could retaliate by disrupting traffic through the strategic chokepoint, sources told Reuters. A closure of Hormuz would choke off nearly all Qatari LNG exports, with East Asia and Europe likely to face the brunt of the supply shortfall. Asian buyers in particular are already responding to the threat, pushing spot LNG prices up 11% week-on-week to USD 14 per mmBtu on Friday.

While energy exports remain uninterrupted for now, the Qatari government has warned that any further Israeli action near Iran’s gas field could force a shutdown of offshore operations due to safety concerns for workers. Qatar also flagged the risk of radioactive contamination if Israel strikes Iran’s nuclear facility at Bushehr, which could render offshore platforms inaccessible. Most of Qatar’s LNG infrastructure is offshore and would be affected by any fallout reaching Gulf waters.

#4- Airlines are increasingly flying through Afghanistan to avoid airspaces affected by the Israel-Iran conflict, Bloomberg reported last week. Carriers seeking to connect Asia with Europe and the US have caused a 500% surge in flights through the country’s airspace, averaging 280 flights per day since Israel’s strikes on 13 June. This is a significant increase from the roughly 50 flights per day that passed through the Afghan airspace in May, with the flight uptick triggering unexpected revenues for the Taliban, which charges USD 700 per flight — roughly USD 1 mn per week.

Airspace closures push airlines towards more expensive routes: Airlines are continuing to avoid airspaces above Iran, Iraq, Syria, and Israel, opting for longer and more costly routes over the Caspian Sea, Egypt, and Saudi Arabia, Reuters reports, citing data from flight tracking website FlightRadar24.

#5- GulfNav readies convertible bond raise to fund Brooge acquisition: DFM-listed Gulf Navigation (GulfNav) is gearing up to raise AED 500 mn via mandatory convertible bonds as it pushes ahead with its AED 3.2 bn acquisition of Nasdaq-listed Brooge Energy’s oil storage businesses, according to a shareholders’ circular (pdf) filed to the Dubai bourse last week.

The details: Some 454.5 mn convertible bonds will be offered exclusively to GulfNav’s minority shareholders at AED 1.10 apiece from Monday, 30 June to Tuesday, 15 July. Majority shareholders will only have two days (14 and 15 July) to subscribe to the rump offering, if any. Final allocations will take place on Tuesday, 22 July, with the debt due to convert into equity at a 1:1 ratio on or before Wednesday, 29 October, carrying a one-year lockup.

Priming the cap table for a Brooge majority: The move hikes GulfNav’s capital base in preparation for the dilution that will come when Brooge is folded in. The transaction is part of a broader cash-and-shares swap that will eventually give Brooge shareholders a 63% stake in GulfNav. Net proceeds from the sale (92%) will go toward financing the cash-portion of the transaction, with the remainder earmarked for general corporate purposes.

ADVISORS- Gulf Navigation appointed Trussbridge Advisory (DIFC) as its exclusive financial advisor, and Pinsent Masons as its lead counsel. Ibrahim & Partners Law Firm provided legal advice on the transaction structuring and related regulatory aspects.

#6- Turkish Airlines mulls minority stake in Air Europa: Turkish Airlines is looking to purchase a minority stake in Spanish carrier Air Europa, with binding bids from suitors expected by early July, Reuters reported last week, citing two unnamed sources. Prospective bidders are reportedly aiming for a 20% stake, which could open the door for a future takeover, the sources added.

The rationale: The privately held airline is reportedly looking to raise funds via a stake sale to repay a loan granted by the Spanish government during the Covid-19 pandemic, the two unnamed sources told Reuters.

Prospective bidders: Among interested bidders were Air France-KLM and Lufthansa, Reuters reported back in March, citing news outlet El Confidencial. British Airways’ owner IAG — which currently holds a 20% stake in the airline — was also mulling a takeover bid but ditched the plans last year over regulatory concerns. IAG also owns Spain’s Iberia airline.

IN CONTEXT- European airlines need to consolidate to survive, CEOs say: Chief executives of EU-based airlines have been pushing for the EU to approve more mergers to allow for industry-wide consolidation efforts in the continent, Reuters reported last year. The push comes as more players make the case that major mergers involving struggling, small-scale airlines would bolster the continent’s competitiveness against state-backed giants in the Middle East and US firms. "If we don't allow consolidation in Europe, we will destroy airlines in Europe," International Airlines Group CEO Luis Gallego was quoted as saying.

DISRUPTION WATCH-

#1- Major shipping players halted their operations in Israel’s Haifa port on the Mediterranean Sea following US strikes on Iranian nuclear facilities. Hapag-Lloyd has temporarily reduced some of its services to Israel’s Haifa port, halting its East Med Shuttle 3 heading to the port, according to a statement published on Friday. Meanwhile, the firm’s Atlantic Loop 7 service will continue to operate. Maersk also temporarily suspended all vessel calls and all cargo reception from Haifa port, according to a statement from Friday. Both firms cited rising regional tensions and crew safety as reasons for halting their services. No timeline was given for when the suspensions will end.

ICYMI- The US has officially joined the Israel-Iran conflict, striking three Iranian nuclear sites on Sunday morning, with US President Donald Trump saying the “successful” attacks have "completely and totally obliterated" the targeted facilities. Israel and Iran have been exchanging missiles and airstrikes since last week and show little signs of looking for an offramp.

#2- FedEx pauses Iraq, Israel shipments: Logistics giant FedEx has temporarily suspended all flights to and from Iraq and Israel until further notice, according to a statement. The pause comes as the region’s logistics network faces major disruptions caused by the exchange of missiles and air strikes between Iran and Israel.

MARKET WATCH-

#1- Oil prices surged this morning amid increasing concerns over supply disruptions after the US joined Israel in striking Iran, Reuters reports. Brent crude futures rose USD 1.52 to USD 78.53 a barrel by 05.03 GMT, while US West Texas Intermediate (WTI) futures saw an uptick of USD 1.51 to trade at USD 75.35 a barrel.

#2- Baltic index dips once again: The Baltic Exchange’s dry bulk sea freight index — which tracks rates for the capesize, panamax, and supramax vessel segments — fell 3.5% to 1,689 points on Friday. The capesize was down 6.5% to 2,879 points, while the panamax index slipped 0.2% to 1,350 points. The small supramax index inched up 10 points to settle at 973.

PSAs-

Shipping giant Hapag-Lloyd will introduce a peak season surcharge (PSS) for shipments from the UAE to Mombasa, Kenya, and to Dar Es Salaam, Tanzania, according to a statement published on Friday. The PSS for shipments from the UAE to Mombasa will be USD 125 for 20ft containers and USD 350 for 40ft containers. For shipments to Dar Es Salaam, the PSS will be USD 225 for 20ft containers and USD 550 for 40ft containers. The PSS will be valid starting 1 July 2025 until further notice.

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Check out our full calendar at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.

Iran’s closure of Hormuz to jeopardize global, regional oil flow

Regional oil flows under threat: A forced shutdown of the Hormuz Strait is emerging as a possibility as Iran mulls its next moves after the US struck its nuclear facilities on Sunday morning, raising fears of widespread crude trade and shipping disruptions in the region. A closure of the strait — through which about 30% of the world’s crude flows — could lead to widespread disruptions to the flow of regional energy exports, possibly bringing crude prices to over USD 100 per barrel, Mees reported.

A chokepoint: The strait is an example of a trade chokepoint, a narrow passage on a vital global sea route, and is essential for energy security, according to the US Energy Information Administration. Even temporary disruptions can cause significant oil supply delays, higher shipping costs, and a potential rise in global energy prices. The waterway sees 20 mn barrels of crude oil pass through per day, accounting for up to 30% of world oil trade, according to a factsheet (pdf) by the International Energy Agency (IEA).

How serious is Iran? The possibility of a Hormuz closure is now at an all-time high after the US struck Iran. While several analysts prior to the attack had estimated that the risk was low, Iran’s parliament has reportedly voted to shut down the strait. The country’s national security council is now expected to make a final decision on whether to go ahead with the move, Al Arabiya reports. “Iran reserves all options to defend its sovereignty, interest, and people,” Iranian Foreign Minister Abbas Araghchi said in a post on X yesterday.

Strait closure will “paralyze” Gulf, expert warns: Any measure to restrict movement in the Strait of Hormuz will “paralyze the [Arabian] gulf and impact the entire world,” Iraqi economist Hilal al-Taan told Shafaq News. Notable ports like UAE’s Jebel Ali, along with oil-reliant nations Iraq, Bahrain, and Kuwait, will incur catastrophic financial losses, al-Taan said.

Saudi can reroute flow: Saudi Arabia — which accounts for 38% of the crude trade flowing through Hormuz as of 2024 — possesses substantial bypass pipeline infrastructure that could alleviate the impact of a Hormuz closure, though these alternatives come with notable constraints. One key bypass is the 1.2k km East-West pipeline that stretches from Abqaiq near the Gulf to a Red Sea terminal at Yanbu, Mees reported. The pipeline itself has a 5 mn bpd capacity, with the option to expand at short notice to 7 mn bpd.

But there’s a catch or two: Pivoting to the Red Sea as an export base, however, carries several challenges. The pipeline is used to shuttle some 1.48 mn bpd necessary to power Yanbu and Rabigh refineries in the west, taking away from its capacity to carry crude oil for exports, Mees reported. Limited tankage capacity at Yanbu and Yanbu South facilities in comparison to Aramco’s main export terminals on the Gulf Coast adds to the limitations.

UAE also has alternatives: The UAE can also export approximately 1.5 mn barrels per day of crude oil via a pipeline that runs from its oil fields to the port of Fujairah on the Gulf of Oman, allowing it to bypass the Strait of Hormuz, Bloomberg reported. The country’s Adcop pipeline connects Adnoc's Habshan crude oil processing plants to the Fujairah export terminal in the Indian Ocean, a location that hedges against Hormuz chokepoints, Mees reported.

Iraq could be in a bind: Technically, Baghdad can export volumes through Turkey via the 1mn b/d crude oil pipeline from Kirkuk to Ceyhan, but this has been closed since March 2023 amid a dispute with the Kurdistan Regional Government, Mees reported. Even if the pipeline resumes operations, it is not connected to Federal Iraq’s primary production base in Basra and can only handle more modest volumes of around 500,000 b/d from Kurdistan and Kirkuk.

And rerouting isn’t an option for some: The Strait of Hormuz remains Kuwait, Qatar, and Bahrain’s sole avenue for shipping. All of Qatar’s LNG exports go through the strait, with no alternative means of conveying the fuel, according to the IEA. Along with the UAE, Qatar’s exports make up 20% of the world’s LNG consumption.

Oman secures second tranche for Diba-Lima-Khasab road project

Oman has inked a USD 212 mn loan agreement with the Opec Fund to develop the Diba-Lima-Khasab road project, according to a statement. The funds were approved during the Opec Fund Development Forum 2025, during which the Fund inked nearly USD 1 bn worth of project financing agreements in African and Asian countries.

The financing is the second tranche of a USD 392 mn loan agreement signed between the parties last year, which was divided into two tranches of USD 180 mn and USD 212 mn. This came one year after Oman’s Transport, Communications, and Information Technology Ministry inked an agreement for the design and implementation of the project — also known as the Sultan Faisal bin Turki Road.

What do we know? The project includes 11 bridges and 350 container points along the road, which will have 14-meter lanes going in each direction. Construction was 15% finished by July 2024, with completion initially expected by September of the same year. Ground preparations for the Dibba-Lima road were said to be done, with 60 km of the 72-km road works paved. Some 12 km of the 22-km road linking Lima to Khasab — considered the most difficult part — has also been completed.

Oman awards OMR 101 mn worth of contracts for project upgrades

Oman has awarded contracts valued at OMR 101 mn (USD 263 mn) to upgrade projects across multiple sectors, Oman News Agency reported last week. Some contracts serve to upgrade logistics sectors, including roads and airports.

The contracts include:

OMR 12.4 mn road-paving project for Seih Jreen, Al Aqeedah, and Al Bateen roads, located in the country’s Wilayat Al Qabil in North A’shharqiyah governorate;
OMR 8.2 mn asphalt road construction project in Wilayat of Dhank, A’Dhahirah governorate;
OMR 5 mn dual-carriageway project in Wilayat of Diba, Musandam governorate;
OMR 301.4k consultation service for the first phase of the Bidbid-Sur dual-carriageway project;
OMR 221k consultation service for the Shinas-Mahdah dual-carriageway project in North Al Batinah and Al Buraimi governorates.

OMR 5 mn restoration project for the southern runways and taxiways at Muscat International Airport and OMR 207k (USD 538k) worth of additional consultancy services for runway renovation;
OMR 126k light maintenance work for fishing ports across several governorates.

Doubling down on road projects: Oman’s Transport, Communications, and Information Technology Ministry has broken ground on the 857-km OMR 258 mn Sultan Said bin Taimour Road dualization project last week. The third, fourth, and fifth sections are currently under construction.

Update on aviation, debt customs, e-commerce and shipping from Bahrain, KSA and Egypt

AVIATION-

Saudia Group + Air France-KLM partner up on MRO: Saudia Group has inked a 13-year agreement with Air France-KLM to provide maintenance, repair, and overhaul (MRO) services to Saudia Airlines at Paris’ Orly and Charles De Gaulle airports, according to a statement published on Friday. The agreement would see Air France-KLM’s engineering and maintenance arm provide services to 86 GE90 engines powering Saudia Airlines’ Boeing 777 jets, according to the statement. The services will include predictive analytics for engine performance and on-wing and field MRO services aimed at optimizing performance and lowering aircraft out-of-service time.

ICYMI- Saudia Group was reportedly in talks with Airbus and Boeing for a wide-body jet order earlier this month. The number of wide-body jets for Saudia Airlines and Flyadeal is still being decided, with Saudia Group set on placing the order in 2025.

DEBT WATCH-

SIDC logistics unit lined up fresh financing: Emtedad Logistics Services, the logistics arm of the Saudi Industrial Development Company (SIDC), secured a SAR 10 mn shariah-compliant credit facility from the Social Development Bank, the company said in a filing to Tadawul on Thursday. The five-year funding is earmarked for capital expansions.

CARGO-

SAL taps Almajal for cargo services at Al Dammam Station: SAL Saudi Logistics Services has inked an addendum to its sign-off agreement with Saudi facility service provider Almajal Service Master Company according to a Tadwal statement released on Thursday. Under the SAR 9.6 mn contract, Almajal will provide cargo services at SAL’s Al Dammam Station for a year — effective until 31 May 2026 — with an option to extend for two years.

A packed pipeline: SAL announced plans in March to construct, develop, and operate a new logistics zone in Riyadh’s Falcon City at an investment of SAR 4 bn. The firm is also setting up a SAR 12 mn air cargo terminal at Madinah’s Prince Mohammad Bin Abdulaziz International Airport in collaboration with Madinah airport operator Tibah Airports.

About Almajal ServiceMaster Company: The Saudi-based company — a subsidiary of security system provider G4S — operates 21 branches across the Kingdom, reaching over 1.1k customers, according to its website. The firm specializes in airport services, handling over 24k flights and 800k tons of cargo, and provides a wide range of service and maintenance solutions, including upkeep for over 3.5k buildings and 6k ATMs.

SHIPPING + MARITIME-

Incoming cargo yards to Safaga Port: Egypt’s Red Sea Port Authority has tapped Canal Shipping Agencies and Suez Mechanical Stevedoring Company to manage and operate two cargo storage yards in Safaga Port under two 10-year contracts, according to a bourse disclosure (pdf) released on Thursday. The agreement covers the operation of a general cargo and vehicle storage yard and a 5.1 km hazardous materials yard.

Shareholder structure: Red Sea Ports Authority will take up 80% of total revenues, while Canal Shipping Agencies and Suez Mechanical Stevedoring will share the remaining 20%. The agreement includes a minimum of EGP 32.7 mn for management and operations, reduced from the EGP 85 mn stipulated in the original agreement.

Building on past agreements: Canal Shipping Agencies initially signed a partnership agreement in October 2023 with Egypt’s Suez Mechanical Stevedoring Company to operate the two yards for a share of the general revenue.

E-COMMERCE-

JINGDONG debuts services in Saudi Arabia: Beijing-based e-commerce firm JD ’s logistics arm JD Logistics (JINGDONG) has launched its self-operated B2C express delivery services — JoyExpress — in Saudi Arabia, according to a statement released last week. JD Logistics will work on establishing an undisclosed number of warehouses, delivery, transfer stations, and distribution centers to operate JoyExpress locally.

About JoyExpress: JoyExpress offers a wide range of services including domestic and international last-mile delivery, address changes, scheduled deliveries, temporary shipment storage, returns pickup, ins. coverage, cross-border shipping, and customs clearance.

US, Malaysia to close trade negotiations before 90-day deadline

US, Malaysia near trade agreement: The US and Malaysia have agreed to resolve trade negotiations before the end of a 90-day pause on tariffs, Bloomberg reports, citing Malaysia’s Investment, Trade, and Industry Ministry. The US had imposed 24% tariffs on the Southeast Asian country before enacting a 90-day pause on most levies. Malaysia is currently striving to reduce levies to below 10% for vital sectors.

In numbers: In 2024, US-Malaysia goods trade reached an estimated USD 80.2 bn, according to the US Trade Representative Office. US exports to Malaysia significantly increased by 43.5% to USD 27.7 bn, while US imports from Malaysia grew by 13.7% to USD 52.5 bn. The most valuable goods traded between both nations are electronic equipment, machinery, nuclear reactors and boilers, as well as optical, photo, and medical equipment, according to TradeEconomics.

Washington’s post-Liberation Day strategy: Last month’s US-UK trade agreement suggested the Trump administration was willing to compromise on its more extreme stances, supporting the idea that the Liberation Day levies were initial negotiating tactics. The agreement's non-binding nature points to an increasingly unpredictable and unstable global trade environment, suggesting a future landscape marred with frequent re-negotiations and enforceability issues.

Calendar

JUNE

18-27 June ( Wednesday-Friday): The International Maritime Organization’s Maritime Safety Committee meeting, London, UK.

24-25 June (Tuesday-Wednesday): Middle East Rail, Dubai World Trade Center.

25-26 June (Wednesday-Thursday): Decarbonizing Shipping Forum, Hamburg, Germany.

JULY

1-3 July (Tuesday-Thursday): ASEAN Ports and Logistics, Jakarta, Indonesia.

22-24 July (Tuesday-Thursday): Intermodal Africa, Beira, Mozambique.

SEPTEMBER

1-3 September (Monday-Wednesday): Transport Middle East 2025, Salalah, Oman.

3-4 September (Wednesday-Thursday): Sustainable Maritime Industry Conference, Jeddah, Saudi Arabia.

4-10 September (Thursday-Wednesday): Intra-African Trade Fair, Algiers, Algeria.

7-10 September (Sunday-Wednesday): Comex Global Technology Show, Muscat, Oman.

24-26 September (Wednesday-Friday): Routes World, Hong Kong.

25 September (Thursday): World Maritime Day 2025.

30 September - 2 October (Monday-Thursday): Global Rail Transport Infrastructure Exhibition and Conference, Abu Dhabi, UAE.

OCTOBER

The International Maritime Organization (IMO) is set to formally adopt the Net-zero Framework this month, stipulating new fuel standards for ships and a global pricing mechanism for emissions.

1-2 October (Wednesday-Thursday): Saudi Maritime & Logistics Congress, Dammam, Saudi Arabia.

7-8 October (Tuesday-Wednesday): Global EV & Mobility Technology (GEMTECH) Forum, Riyadh.

13 - 17 October (Monday-Friday): The Marine Environment Protection Committee’s second extraordinary session, London, UK.

14-15 October (Tuesday-Wednesday): Investing in Africa Conference and Expo, London, UK.

28-30 October (Tuesday-Thursday): Borneo International Maritime Week, Sarawak, Malaysia.

NOVEMBER

3-6 November (Monday-Thursday): ADIPEC Maritime and Logistics Exhibition and Conference, Abu Dhabi, UAE.

4-6 November (Tuesday-Thursday): Air Cargo Forum, Abu Dhabi, UAE.

17-21 November (Monday-Friday): Dubai Airshow, Dubai, UAE.

24-26 November (Monday-Wednesday) The World Advanced Manufacturing & Logistics Saudi Expo, Riyadh.

EVENTS WITH NO SET DATE

Mid-2025: Iraq will complete phase one of the construction of the Grand Faw Port.

DHL and Aramco’s logistics and procurement hub in Saudi Arabia will commence operations.

AD Ports-operated Safaga Port’s multi-purpose terminal will become operational.

Phase 3 of APM Terminals Tangier MedPort to be complete and operational.

1Q 2025: Sadr Park’s Logistics Center in Riyadh to be completed.

1Q 2025: Phase two of Jafza Logistics Park to be completed.

2026

27-29 January (Tuesday-Thursday) Transport Middle East 2026, Abu Dhabi, UAE.

28-30 April (Tuesday-Thursday) Mediterranean Ports and Logistics, Porto, Portugal.

24-26 June (Wednesday-Friday) Transport Logistic & Air Cargo 2026, Shanghai, China.

7-9 July (Tuesday-Thursday) Asean Ports and Logistics, Kuala Lumpur, Malaysia.

17-19 November (Tuesday-Thursday) Intermodal Africa 2026, Luanda, Angola.

UN Trade and Development Global Supply Chain Forum to take place in Saudi Arabia.

2027

4Q 2027: Oman’s Musandam Airport construction to be completed.

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