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Author Archives: enterpriseam admin
US, KSA, India and the EU ink agreement for India-MENA multinational logistics corridor
The corridor — consisting of port and rail links — will be the most direct between India, the Arabian Gulf and Europe
DP World looks to invest INR 2.15 bn in South India’s Telangana
The money will go towards a container depot operation in Hyderabad and a cold storage warehouse in Medchal
DP World launches USD 1.5 bn green sukuk to solid demand
The issuance could be followed with another USD 1 bn green sukuk
Why Australia is blocking Qatar Airways from increasing flights + Behind the US’ seizure of Iranian tanker Suez Rajan
Australia cites 2020 invasive search incident as reason for blocking Qatar Airways expansion: Australian Transport Minister Catherine King says that invasive body searches of five Australian women at Hamad International Airport in 2020 was one of the factors behind the decision to block Qatar Airways from selling more flights to Australia this year, denying that […]
British logistics outfit Zencargo sets up shop in Dubai + more India-UAE trade coming? PLUS: Lots of aviation news
LOGISTICS HANDLING- British logistics firm Zencargo has landed in the UAE: Zencargo, a digital freight forwarding firm, has joined the UAE’s Economy Ministry NextGenFDI program, according to a press release (pdf). The freight forwarding firm plans to integrate into the UAE’s logistics, technology, and trade ecosystem, and use the platform to expand their operations further […]
Mitsui, Shell partner up on sustainable marine fuels + Flexport shuffles C-suite
Mitsui OSK Lines and Shell Marine partner on marine sustainability: Japanese transport company Mitsui O.S.K. Lines, and Shell Marine Products Singapore, a division of Shell Eastern Trading, inked an MoU to advance alternative maritime solutions and address carbon emissions, according to a press release. As part of the agreement, both companies will engage in trials […]
SEPTEMBER 11-14 September (Monday-Thursday): The Libyan Moroccan Forum for Trade and Business, Tangiers, Morocco. 11-15 September (Monday-Friday): London International Shipping Week 2023, International Maritime Organization, London, UK. 12 September (Tuesday): Global Pharma Logistics Summit 2023, ITC Maratha, Mumbai, India. 13-14 September (Wednesday-Thursday): The Belt and Road Summit, Hong Kong Convention and Exhibition Centre, Hong Kong. […]
TODAY: Air cargo volumes show signs of recovery in July + Oil flows from Iraq to Turkey might not resume until October
Good morning, lovely people. We wrap up the week with another busy issue, packed with updates from across the region and continuing a trend of dispute- and finance-related news. THE BIG LOGISTICS STORY- DP World is planning to issue its maiden USD 1 bn green sukuk issuance. Meanwhile, UAE-based fashion budget retailer Brands for Less […]