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Global trade takes biggest hit since the pandemic: Global trade contracted at its quickest rate since 2020 in July, according to figures picked by the Financial Times. The World Trade Monitor, published by the Netherlands Bureau for Economic Policy Analysis, shows that volumes declined 3.2% y-o-y during the month, accelerating from June when trade fell […]
Author Archives: enterpriseam admin
Posted inAlso on Our Radar
New shipping lines in King Abdul Aziz Port, Kuwait’s Shuwaikh and the UAE’s Khalifa + Menzies Aviation nabs seven ground handling licenses in Spain
SHIPPING + MARITIME- New ro-ro shipping line launches between Kuwait’s Shuwaikh port + Khalifa port in UAE: A new sea shipping line dedicated for the transport of vehicles and ro-ro goods has been launched between Kuwait’s Shuwaikh port and the UAE’s Khalifa port, according to a Kuwait Ports Authority statement. The first ship — named […]
Posted inAround the World
Amazon faces major antitrust challenge
Amazon is in hot water over alleged monopolistic practices: US antitrust regulator the Federal Trade Commission (FTC) and 17 states are suing e-commerce giant Amazon for alleged monopolistic practices, the Associated Press (AP) reports. The allegations include that Amazon is overcharging sellers, inflating prices and stifling competition, according to the AP. Claimants are asking the […]
Posted inCalendar
26-28 September (Tuesday-Thursday): ProcureCon, Hyatt Regency Barcelona Tower, Spain. 26-28 September (Tuesday-Thursday): Breakbulk Americas, George R. Brown Convention Center, Houston, Texas. 26-29 September (Tuesday- Friday): International Exhibition of Rail Transportation & Related Industries (Iran Rail Expo), Tehran International Permanent Fairground, Tehran, Iran. 27-28 September (Wednesday-Thursday): MRO Asia-Pacific, Singapore Expo Convention and Exhibition Centre, Singapore. 29 […]
Posted inWhat we're tracking today
TODAY: SAL’s shares fully subscribed on the first day of book building + Have India, Iran finalized a long-term agreement over Chabahar Port?
Good morning, wonderful people. We have another light issue for you this morning as the newsflow remains slow, with just a few key updates on stories we’re keeping an eye on. THE BIG LOGISTICS STORY- There’s no single big story this morning, but we have the run-down on Adnoc’s water treatment and transportation project, which […]
Posted inProjects
Adnoc + Taqa reach financial close on water supply project
The project will include a water transmission pipeline and an in-field distribution network
Posted inThe Big Read
Enterprise explains: The logistics of transporting renewables
Transporting renewables takes place through hydrogen trade, with four different ways to carry the hydrogen currently being viable
Posted inLogistics in the News
More oil tankers and dry cargo ships are tampering with their locations amid increased smuggling
More vessels are going “dark ” to ship crude oil + grain amid Russian sanctions: So-called “dark vessels” are shipping Russian oil breaching the G7’s USD 60 barrel price cap by going under the radar and manipulating their through Venezuela waters, CNBC reports, citing data from Winward cited by CNBC. Over the past year, more […]