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UAE + Japan eye stronger trade ties: Abu Dhabi Executive Council member Hamed bin Zayed Al Nahyan and Japanese Prime Minister Fumio Kishida witnessed the signing of 23 agreements and MoUs which look to build on strengthening trade and transportation ties, Emirati news agency WAM reports. The agreements inked came during the visit of Kishida […]
Author Archives: enterpriseam admin
Posted inThe Macro Picture
Import dependence to weigh on MENA trade over the next decade, OECD-FAO report says
The region’s food import bills could rise 30% by 2032: Production constraints and a booming population will see MENA increasingly reliant on food imports in the medium run, according to the OECD-FAO Agricultural Outlook for 2023-2032. Limited availability of arable land and scarce water resources mean that MENA — which is already among the largest net […]
Posted inThe Big Read
Breaking down the most common types of commercial vessels
There are five categories in the world of commercial vessels
Posted inLogistics in the News
Global trade (and spot freight rates) are taking a hit before they get better + trade volumes ramp up along the Turkish-Syrian border
The container shipping market outlook for the 2H 2023 indicates that the drop in spot container freight rates has largely stabilized, Maritime Strategies International analyst Daniel Richards told Seatrade Maritime. Although there hasn’t been significant “downward movement,” certain long-haul trades are still facing erosion in their freight rate levels mainly due to events like the […]
Posted inAlso on Our Radar
Dnata to hire 7k employees over the next year + Mawani to boost cooperation with Port of Antwerp-Bruges. PLUS: Adnoc to launch hydrogen refueling station in UAE
AVIATION- Dnata plans hiring spree: Emirati airport service provider Dubai National Air TravelAgency (Dnata) will hire some 7k employeesin light of expectations of increased travel demand and an increase in revenues in FY 2023-24, which started in April, Dnata’s CEO Steve Allen told The National. Dnata will hire 1.5k people from Dubai to fill open […]
Posted inAround the World
New maritime cyber attacks database launched + South Africa privatizes one of its ports. PLUS: Ford slashes prices for electric trucks
Dutch university launches maritime cyber attacks database: NHL Stenden University of Applied Sciences in the Netherlands launched the Maritime Cyber Attack Database (MCAD) to document incidents affecting the maritime sector, Seatrade Maritime reports. The database encompasses incidents affecting ports and maritime facilities, as well as ships. It aims to raise cybersecurity awareness in the industry, […]
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: Japanese PM and Erdogan in the GCC + Ocean freight rates ended 2Q at multi-year lows
Good morning, friends. We have a brisk issue for you this morning, with some big updates on the global front. THE BIG LOGISTICS STORY- Iran is inaugurating its Pataveh-Dehdasht Road, linking the country’s southwestern region to its central areas. Also from Iran: MPs approved a bill to set up a trade ministry, separate from its […]
Posted inProjects
Iran completes construction of Pataveh-Dehdasht Road
The road boosts connectivity between Iran’s southwestern region and its central provinces