The shipping industry is increasing efforts to veer away from its reliance on China for steel container production amid tensions in Taiwan, the Financial Times reports. China dominates the container production market, manufacturing some 95% of the world's containers, mainly through three state-owned firms, the FT reports, citing data from maritime consultancy Drewry. This overreliance […]
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Kuwait Airways to expand freighter fleet + AD Ports to deploy emissions monitoring solution at its ports. PLUS: More from FedEx, QatarEnergy, Egypt, and Iran
AVIATION- Kuwait Airways is adding five new Airbus 350A and Boeing 777F aircraft to its cargo fleet by 2030, Zawya quotes Chairman Abdul Mohsen Al Fagan as telling FlightGlobal. The company has the existing infrastructure for freight operations, but needs to establish a management and sales structure to develop it, Al Fagan said, adding that […]
NOVEMBER Mid-November: Third Caspian Economic Forum, Iran. September-November: Emirates Postal Group’s “Logistics Unleashed” competition, UAE. 5-8 November (Sunday-Wednesday): TransMEA, Cairo, Egypt. 8 November (Wednesday): Turkish-Arab Economic Forum 2023, Istanbul. 9-15 November (Thursday-Wednesday): Intra-African Trade Fair, Cairo, Egypt. 11-13 November (Saturday-Monday): GCC-Türkiye Economic Forum, Çırağan Palace Kempinski Hotel, Istanbul, Turkey. 13-17 November (Monday-Friday): Dubai Airshow, Dubai […]
TODAY: Panama Canal restrictions could get worse in the winter + Middle East air travel is dipping amid war
Good morning, friends. We have some updates for you today from across the region, with a lot of movement happening on regional railways and a few new courier service companies popping up. THE BIG LOGISTICS STORY- TheSaudi Ports Authorityhas inaugurated new projects at Jubail Commercial and Industrial Ports to boost throughput capacity and upgrade infrastructure, […]
New infrastructure projects at Jubail’s industrial and commercial ports
The projects include a petrochemical hub and a railway to connect the two ports
Iran launches the Hamedan-Sanandaj Railway, connecting Ardabil to the Rasht-Astara railway
The project will help bolster Iran’s exports and develop the INSTC
SAL shares soar 30% on its first day of trading
The company raised USD 678 mn in its IPO last month
Ras Al Khaimah has granted its transport authority new licensing power over maritime transport in the emirate
The new licensing powers include developing plans for construction works, developing new marine projects, and supervision