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The agreement will see the company manage the transport of 4 to 6 mn tonnes of raw limestone a year from Oman to Al Ain
Author Archives: enterpriseam admin
Posted inEarnings Watch
Nakilat’s bottomline up 4.8% y-o-y in 3Q 2023 on the back of solid performance from LNG and LPG JVs
The company’s revenues also rose 6.5% y-o-y on the back of robust earnings from LNG, LPG and shipyard JVs
Posted inLogistics in the News
Logistics companies turn to flexible workers in the gig economy
Warehouses are tapping into the gig economy for workers: Logistics companies are offering more flexibility to workers in scheduling and shift choices as they compete to attract labor, the Wall Street Journal reports. Operators are beginning to use software “not unlike Uber or Lyft or Grubhub” to fill slots, especially ahead of holiday season, according […]
Posted inAlso on Our Radar
Another Saudi airport to get a revamp + SCZone eyes more green energy cooperation, and Al Seer Marine gets new VLGC
AVIATION- KSA’s Al Wajh Airport is getting a revamp: Multi-project developer Red Sea Global, which is owned by the Saudi sovereign wealth fund, will carry out refurbishment work at Al Wajh Airport in Saudi Arabia, according to a press release. The project aims to modernize the airport and bring it up to international standards by […]
Posted inAround the World
J&T Global Express halves IPO amid weak China outlook + Brazil’s corn shipments are under pressure
J&T Global Express eyes USD 500 mn Hong Kong IPO, slashing initial target by half:Tencent -backed logistics outfit J&T Global Express is looking to raise upwards of USD 500 mn via a share offering on the Hong Kong Exchange (HKEX), down from an initial plan to raise some USD 1 bn on weak demand, the […]
Posted inCalendar
OCTOBER Egypt’s Suez Canal Economic Zone (SCZone) goes on a roadshow to South Korea. 16-17 October (Monday-Tuesday): Duqm Economic Forum, Crowne Plaza, Duqm, Oman. 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 […]
Posted inWhat we're tracking today
TODAY: Major shipping carriers signal emissions trading surcharges + Asian countries make progress on EU-China transport corridor
Good morning, friends. We’re kicking off the week with the busiest issue we’ve had in as long as we can remember, with plenty of updates on port and air route operations in Israel and Palestine, and more from Egypt, UAE and Morocco. THE BIG LOGISTICS STORY- Abu Dhabi inaugurated a smart and autonomous vehicle industries […]
Posted inZones
Abu Dhabi launches smart + autonomous vehicles cluster at Masdar City
The cluster will provide testing sites for autonomous applications for air, maritime and land mobility