The company just last month formed a joint venture with Kuwait’s Agility to set up and operate logistics parks in Egypt
Author Archives: enterpriseam admin
Etihad Cargo + Air Canada + Qatar Airways to begin operating new flights
New flights to link the UAE with China and Vancouver
Egyptian trucking startup Trella to wind down its operations in Pakistan
The startup is making the exit due to economic headwinds hitting the country
Adnoc’s logistics unit adds 5 new gas carriers to its fleet + Asyad announces 2 additions to its maritime capabilities
Adnoc L&S expands its gas carrier fleet with new VLGCs: State-owned Abu Dhabi National Oil Company’s (Adnoc) shipping and maritime logistics arm, Adnoc L&S, has added five new-build Very Large Gas Carriers (VLGC) to its fleet, the company said in a press release last week. The carriers will be owned and operated by AW Shipping, […]
Qatar’s Nakilat sees marginal net income + revenue growth in 1Q2023
Nakilat’s net income boost was driven by robust demand for LNG shipments
Regional detentes could see a boost in trade
Tunisia and Syria have agreed to restore diplomatic ties amid a wider regional detente, DW reports. Tunisia is the latest country in the region to restore ties with the Assad regime, following Oman, which did so earlier this year, and the UAE, which resumed diplomatic ties in 2018. Syria will appoint an ambassador at a […]
Airplane shortages face another hit from Boeing
Boeing could reduce deliveries of new jets, adding to an industry-wide shortage: Boeing warned it is likely to reduce deliveries of its 737 Max planes, after facing issues with one of the plane’s spare parts. While not a safety concern, the problem impacts a significant number of undelivered 737 Max jetliners in production and storage. […]
Bahrain to overhaul data center infrastructure + Acelen invests USD 2.5 bn in renewable diesel. PLUS: SCZone makes plans for digitization, Abu Dhabi opens new bridge
AVIATION- Mubadala Capital’s energy subsidiary Acelen plans to invest USD 2.5 bn to produce renewable diesel and sustainable aviation kerosene in Brazil’s north-eastern state of Bahia, according to a statement. Construction on the biorefinery will begin “as early as” January 2024, with an eye to start production in 2026. The biorefinery will have the capacity […]
India + Russia in talks for an FTA. PLUS: Chevron + Angelicoussis to cooperate on ammonia shipping
Energy giantChevron and Angelicoussis Group are collaborating on ammonia shipping under a joint study agreement, according to a statement. The companies will explore how tankers can be used to transport ammonia, which is a potential lower carbon marine fuel. The first phase will involve a feasibility study to assess the market, the existing infrastructure, and […]
APRIL 17-21 April (Monday-Friday): Hannover Messe 2023, Messegelände, Hannover, Germany. 18-20 April (Tuesday-Thursday): Intermodal Africa, Durban International Convention Centre, South Africa. 25-27 April (Saturday-Monday): World Cargo Symposium, Hilton Istanbul Bomonti Hotel and Conference Centre, Istanbul, Turkey. MAY May: The Suez Canal Economic Zone (SCZone) plans to handover a new 1k-meter container berth to the East […]