The company will spend USD 200 mn on superstructure and equipment, buildings, and other real estate facilities and utilities network
Author Archives: enterpriseam admin
Gulfnav’s bottomline up 62% y-o-y to AED 6.8 mn + completes capital increase via sukuk issuance
The company completed an AED 200 mn capital increase through a sukuk issuance a few days ago
Etihad Cargo promotes Soufyan Mouaniss to director of west cargo Commercial
Etihad Cargo has appointed Soufyan Mouaniss (LinkedIn)as its director of west cargo commercial, according to a press release. Mouaniss will take charge of the carrier’s commercial activity in the West region, which includes Europe and the Americas, and will be based at Etihad Cargo’s head office in Abu Dhabi, UAE. Mouaniss joined Etihad Cargo in […]
Shipyards have the capacity to meet IMO net zero targets -ClassNK
Global shipbuilding industry has the capacity required to meet IMO goals:Shipyards will need to handle 80 mn gross tonnage a year of newbuilds and retrofits between 2027 and 2040 to allow international shipping to meet International Maritime Organization (IMO) emissions goals, a capacity that is within the industry’s reach, according to a recent report (pdf) […]
Abu Dhabi Customs launches digital platform to speed up procedures + Egypt inks airport upgrade agreements at BRI Forum
CUSTOMS- Abu Dhabi Customs unveils new digital platform to speed up procedures: Abu Dhabi Customs has introduced a new digital platform — dubbed Trade chain — that is integrated with global trade blockchain platforms, Wam reports. The platform should improve customs operations, enhance the reliability of information sources, improve the ability to monitor shipments, as […]
EU wants to slash truck emissions by 90% by 2024 + South Africa eyes private investors for new export terminal
European Union countries are eyeing stricter CO2 emission targets for large trucks,mandating that new trucks cut emissions by 90% by 2040, Reuters reports. Climate ministers in the EU have agreed to endorse a law requiring new trucks in the EU to reduce CO2 emissions by 45% by 2030, 65% by 2035, and 90% by 2040 […]
OCTOBER Egypt’s Suez Canal Economic Zone (SCZone) goes on a roadshow to South Korea. 16-18 October (Monday-Wednesday): Federation of National Associations of Ship Brokers and Agents (FONASBA) Annual Meeting 2023, Amman, Jordan. 17-19 October (Tuesday-Thursday): MRO Europe, Amsterdam, Netherlands. 17-19 October (Tuesday-Thursday): TOC Americas, Panama City, USA. 19 October (Thursday): Perishable Logistics Africa, Nairobi, Kenya. […]
TODAY: Aid still stuck at Gaza-Egypt border + No dice for Iran and Azerbaijan’s railway through Armenia
Good morning, wonderful people. The news flow has slowed down a bit after a hectic weekend of news, with just a couple of big updates on the rail and shipping fronts. THE BIG LOGISTICS STORY- Emirati-Omani JV Oman-Etihad Rail Companywill transport raw material from Oman to UAE through the UAE-Oman Rail Network under an agreement […]