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The agreements will be funded through a joint-fund between Uzbekistan and KSA
Author Archives: enterpriseam admin
Posted inLogistics in the News
US retailers are getting more selective with their inventories this holiday season + Maersk divests stake in Hoegh in latest in cost-saving measures
Wary of overstocking, US retailers have reworked their inventory strategy for this year’s holiday season:Big-box retailers such as Walmart and Target, and specialized stores such as Best Buy, are trimming their inventories ahead of the busy holiday shopping season, opting to zero-in their supply chains on products with high demand, the Wall Street Journal reported. […]
Posted inAround the World
Panama canal holds first auction for queue jumping + The US isn’t happy with Turkey’s exports to Russia
The Panama Canal Authority (ACP) is holding auctions for vessels looking to jump the queue to transit the congested waterway, with the base price for the first auction set at USD 55k and the awarded bid worth USD 1.1 mn, reports Seatrade Maritime. For a vessel to qualify to bid it needs to have arrived […]
Posted inCalendar
NOVEMBER Mid-November: Third Caspian Economic Forum, Iran. November: Iran-UAE Joint Economic Cooperation Commission. September-November: Emirates Postal Group’s “Logistics Unleashed” competition, UAE. 28-30 November (Tuesday-Thursday): Antwerp XL, Antwerp Expo, Hall 4, Antwerp, Belgium. 30 November-3 December (Thursday-Sunday): Handling Expo, Egypt International Exhibition Center, Cairo, Egypt. September-November: Emirates Postal Group’s “Logistics Unleashed” competition, UAE. DECEMBER 3-7 December […]
Posted inWhat we're tracking today
TODAY: DP World Australia is facing operational challenges due to worker strike + AD Ports is eyeing an Indonesian container terminal
Good morning, friends. We have a much quieter day of news for you today, with some tidbits from around the world — including a very panicked EU pushing back against the emissions trading system — and one significant update on Dubai’s Jafza’s logistics park. ALSO-Don’t miss our big read today on the shipping sector’s progress […]
Posted inZones
Dubai’s Jafza completes first phase of its logistic park
Phase two of the logistics park is slated for completion in 1Q 2025
Posted inThe Big Read
The maritime sector is not on track to meet its 5% SZEF target by 2030
The window for action is closing within the next two to four years, the report says
Posted inDiplomacy
GCC, Azerbaijan approve action plan to boost trade + Qatari Transport Minister meets with counterparts at IMO assembly
GCC + Azerbaijan trade cooperation action plan approved: The GCC and Azerbaijan have approved a joint action plan for 2024-2028 to enhance strategic relations, GCC Secretary General Jassem Albudaiwi announced, according to a statement. The plan covers areas including trade cooperation, political coordination, investment avenues, and energy, according to the statement. Qatar’s Al Sulaiti got […]