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Criminal gangs are threatening supply chains, according to a Maersk executive: Smugglers are hiding narcotics shipments in shipping supply chains, the Financial Times reports. Cocaine shipments to the EU have spiked in recent years, reaching a record 303 mn tonnes, according to numbers from the EU’s drug monitoring agency EMCDDA, cited by the FT. “The […]
Author Archives: enterpriseam admin
Posted inDiplomacy
KSA, Singapore want to boost trade and logistics cooperation + Iran, Belarus take steps towards boosting trade
Saudi + Singapore eye stronger trade ties: The Federation of Saudi Chambers and the Singapore Business Federation have signed an MoU to boost trade and investment between the two countries during the third session of the Saudi-Singaporean Business Committee in Riyadh, SPA reports. Several MoUs were also signed to strengthen cooperation in logistics and transport. […]
Posted inAlso on Our Radar
Emirates to provide SAF to Neste + Neom grants contract for freight depot at Trojena. PLUS: Re.life eyes regional expansion
AVIATION- Emirates + Neste to power SAF flights from Amsterdam to Singapore: The UAE’s national carrier Emirates, in collaboration with Finnish oil refining company Neste, is set to fuel flights from Amsterdam to Singapore using over 3 mn gallons of blended sustainable aviation fuel (SAF) in 2024 and 2025, according to a statement. STORAGE + […]
Posted inAround the World
India extends sugar curbs in big blow to global food and beverage players + General Motors pushes back EV pickup truck production amid faltering demand
India has extended its sugar export restrictions beyond 31 October to protect its domestic supplies, Bloomberg reports, citing a notice from the Directorate General of Foreign Trade. India introduced a quota system in 2022-2023 to limit sugar exports to some 6 mn tons after production dropped due to late rains, down from 11 mn tons […]
Posted inOn Your Way Out
A sound analysis wand can help detect engine malfunctions on ships
This futuristic wand helps detect ship engine anomalies: Japanese marine logistics giant NYK Group, tech firm MTI, and engineering outfit Nabtesco have developed a new tool that records, visualizes, and analyzes engine sounds to aid in the early detection of engine anomalies, according to a press release. The wand-shaped gadget — dubbed Kirari MUSE — […]
Posted inCalendar
OCTOBER Egypt’s Suez Canal Economic Zone (SCZone) goes on a roadshow to South Korea. 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. 22-23 October (Sunday-Monday): Supply Chain and Logistics Conference 2023, Four Seasons, Riyadh, Saudi Arabia. 24-25 October (Tuesday-Wednesday): Future […]
Posted inWhat we're tracking today
TODAY: Lebanese airline moves its fleet amid escalating violence in the region + Suez Canal is hiking transit fees next year
Good morning, lovely people. The newsflow is still dominated by the events in Gaza — including their impacts on logistics in the region — but we also have some big updates coming from Egypt and the UAE. THE BIG LOGISTICS STORY- Egypt’s House of Representatives has given final approval for an AD Ports-led consortium to […]
Posted inTransport
Thuraya and Cypod Solutions launch container tracking software + AIQ and Bayanat to develop software app to monitor drilling rigs
One solution is geared towards container shipping, while the other helps streamline drilling rigs logistics
Posted inShipping + Maritime
Egypt’s House approves bill handing an AD Ports-led consortium a 30-year contract for Safaga Port
The company will spend USD 200 mn on superstructure and equipment, buildings, and other real estate facilities and utilities network