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Air cargo revenues are falling, but it’s not all bad: American airlines are seeing their cargo revenues fall, which is actually a positive sign for the recovery of the travel industry, CNBCreports. Major US carriers, including Delta Airlines, United Airlines, and American Airlines, have reported around 40% y-o-y drops in their 2Q 2022 cargo revenues. […]
Author Archives: enterpriseam admin
Posted inAlso on Our Radar
UAE firms are doubling down on greenifying India’s ports + QDB to provide Qatari freezone firms with financial solutions. PLUS: More from IMO
UAE + US companies to help develop green ports in India: UAE-based port and marine services company Trot Solutions signed an MoU with US lithium-ion battery tech firm C4V to develop renewable energy and storage solutions to power India’s port activities, the Press Trust of India news agency reports, citing a C4V statement. The timeline […]
Posted inAround the World
UK + France unveil new measures boosting seafarers’ working conditions
The UK + France introduce new initiatives to improve conditions for seafarers: The UK government has unveiled a new package of measures providing significant improvement in seafarers’ rights and welfare with the introduction of the Seafarers’ Charter, it said in a statement. The charter, supported by major ferry companies, aims to ensure fair wages, proper […]
Posted inOn Your Way Out
Nuclear propulsion for shipping could help speed up the path towards net zero
Nuclear-powered shipping can improve vessels’ operational efficiency and cut back on emissions,according to an American Bureau of Shipping (ABS) study picked up by Splash. The study, which modeled the effects of fitting a 14k TEU container vessel and a 157k dwt Suezmax tanker with nuclear propulsion, yielded overwhelmingly positive results in terms of upped container […]
Posted inCalendar
JULY 17-28 (Monday-Friday): The fourth round of negotiations between the GCC and the UK for a trade agreement will take place in London. 24-25 July (Monday-Tuesday): ICSG Istanbul, Istanbul Lutfi Kirdar Convention & Exhibition Centre, Istanbul. AUGUST Oman will award Ras Al Hadd Airport consultancy contract. 28 August (Monday): Registration for Emirates Postal Group’s Logistics […]
Posted inWhat we're tracking today
TODAY: Trade to get spotlight treatment at COP28 for the first time + Pakistani businesses can now source LNG cargoes from Qatar
Good morning, lovely people. It’s the accidental electric and autonomous vehicle issue today, with several stories coming out of the UAE from those two departments. THE BIG LOGISTICS STORY- Agility’s Menzies Aviation continues expansion spree:Agility’s Menzies Aviation has expanded into Eastern Europe with a fresh majority stake acquisition inCargo Handling Services at Sofia International Airport […]
Posted inM&A Watch
Agility’s Menzies Aviation enters Bulgarian market with fresh acquisition + forms JV to handle cargo at major Indian airport
The Agility subsidiary expanded its cargo handling operations at a Bulgarian and Indian airport as part of wider expansion plans
Posted inInvestment Watch
WeRide looks to roll out hundreds of self-driving vehicles in the UAE by 2025
The autonomous EV firm was awarded the UAE’s first license for the operation of autonomous vehicles earlier this month