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Libya suspends its foreign minister following meeting with Israeli counterpart: Libya's Prime Minister suspended Foreign Minister Najla Mangoush and referred her to investigation after Israel released a statement confirming a meeting between Mangoush and Israel’s Foreign Minister Eli Cohen, Reuters reports. The meeting, during which the ministers reportedly discussed possible cooperation, led to small protests […]
Author Archives: enterpriseam admin
Posted inLogistics in the News
VLCC, Suezmax shortage coming? Plus: Shippers + gov’ts working to curb pest infestations in cargo shipments
Frontline CEO flags impending VLCC + Suezmax shortage: Global VLCC and Suezmax fleets are set to face near term shortages as vessels age and order books fall short, Seatrade Maritime reports, citing statements by Frontline CEO Lars Barstad (Linkedin). Some 12.3% of VLCC vessels are over the age of 20 years, while VLCC newbuild orders […]
Posted inAlso on Our Radar
Qatar Airways orders 120 Boeing aircraft + Turkey-Azerbaijan corridor almost complete + Digitization updates from Bahrain and Dubai. Plus: MSC adding Neom Port services
AVIATION- Qatar Airways has more than 120 Boeing aircraft in its order pipeline, Zawya quotes the company’s president in the Middle East, Turkey, and Africa Kuljit Ghata-Aura as saying. The airline ordered 74 777X aircraft, 19 787-9 aircraft, 25 737-10 aircraft, six 737-8 aircraft, and two 777 freighters. The company previously added two new Boeing […]
Posted inAround the World
Target moves towards smaller regional warehouse hubs + US firms still entangled in Chinese supply chains + Labor unions are pushing for better conditions. Plus: South Korea is making moves in autonomous shipping
Target has been ditching mega-warehouses for smaller regional hubs: The retail giant Target has enhanced its distribution network by adding regional hubs, which has improved inventory management, expedited online order deliveries, and sped up store replenishment, The Wall Street Journal reports. The move marks a divergence from central mega-warehouses that ship e-commerce orders across the […]
Posted inCalendar
SEPTEMBER September: Hassan Allam Utilities + Agility to open Yanmu East logistics park. 4-6 September (Monday-Wednesday): The Sustainable Maritime Industry Conference, Ritz Carlton, Jeddah, Saudi Arabia. 4-8 September (Monday-Friday): Logistics and Transport Management, Dubai, UAE. 5 September (Tuesday): The Leaders in Logistics KSA Summit, Crowne Plaza Al Waha, Riyadh, Saudi Arabia. 6-7 September (Wednesday-Thursday): Sustainability […]
Posted inWhat we're tracking today
TODAY: CMA CGM shipments are facing a port congestion surcharge + Fire breaks out in Marrakech warehouse
Good morning, friends, and welcome to a very busy start to the week in our neck of the woods. Does this mean the summer — and any associated news slowdown — is ending? THE BIG LOGISTICS STORY- DP World and India’s Deendayal Port Authority (DPA) signed a USD 510 mn concession agreement for a new […]
Posted inShipping + Maritime
DP World + India’s Deendayal Port Authority sign agreement to develop container terminal
The USD 510 mn agreement covers the operation, development, and maintenance of the new terminal
Posted inAviation
Morocco earmarks MAD 1.65 bn for upgrades to Marrakech + Tangier Airports
The tenders come as Morocco is bolstering its airport infrastructure to accommodate growing air travel demand
Posted inZones
Egypt’s Transport Ministry inks two dry port agreements
The agreements are for dry ports in 10th Ramadan City and Borg El Arab