Good morning, lovely people. We’re closing out the week today with a much busier issue, as the newsflow finally recovers from a long slump. THE BIG LOGISTICS STORY- Saudi Arabia’s cabinet has greenlit a project to link the kingdom to Kuwait via a 111km railway. Over in Qatar, state energy firm QatarEnergy has made a […]
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Saudi cabinet gives thumbs up to railway link with Kuwait
The Saudi-Kuwait railway link will span 111km from the Nuwaiseeb Port in Saudi Arabia to Al Shadadiyah in Kuwait
QatarEnergy acquires QR 14.2 bn in new LNG carriers
The vessel acquisition kicks off the second phase of its ambitious fleet expansion project
Iraqi cabinet approves new oil export project, set to boost exports by 500k bbl / d
The project includes two marine pipelines and the development of an oil export terminal
Prostar Capital sells oil storage terminal at Fujairah to M&M
The terminal has a capacity of some 350k cubic meters
Regional logistics firms receive accolades at the Logistics & Transport Awards + Dnata gets IATA environmental management certification. PLUS: Etihad Airways gets five-star rating
The rundown on the Logistics & Transport Awards 2023: DP World, Mawani, Trukker and FedEx Express are among the companies that took home awards for port operations, freight forwarding, and tech solutions at the Logistics & Transport Awards 2023, the sixth iteration of the yearly awards run by Logistics News Middle East, Construction Business News […]
Qatar, South Korea eye boosting shipbuilding, energy supply chains + Iraq vows to look for resolution for Khor Abdullah dispute with Kuwait
Qatar and South Korea eye stronger energy supply chains: South Korea’s Trade, Industry and Energy Minister Bang Moon Kyu met with Qatar’s Minister of State for Energy Affairs Saad AlKaabi in Seoul to discuss strengthening their energy and shipbuilding supply chains, according to a ministry statement. The pair discussed pursuing new partnerships in renewable energy, […]
Global trade falls at fastest pace since covid-19 + SAF prices are not going down anytime soon, IATA chief says
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 […]