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Freight transport in the EU is set to become a lot greener: The European Commission unveiled new measures set to slash emission levels from the freight sector, including potentially amending the size of trucks for the first time in 30 years, Reuters reports. The commission also aims to fill the gap in ESG and emissions […]
Author Archives: enterpriseam admin
Posted inOn Your Way Out
French startup is banking on wind power to propel shipping to net zero
Back to the sailboat?French startup Beyond the Sea is testing designs for inflatable kite sails that could one day be used to propel container ships, France24 reported. The system uses winches and artificial intelligence that adjusts the sails’ positions based on wind conditions. This could help reduce fuel consumption by 20% on average, company founder […]
Posted inCalendar
JULY 16-17 July (Thursday-Friday): The Levitate Conference and Exhibition, St. Regis Amman Hotel. 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 […]
Posted inWhat we're tracking today
TODAY: Another Iranian vessel seized + Hungarian minister in talks with Turkey over Black Sea grain pact
Good morning, lovely people. We have another light issue for you today, as the newsflow continues to catch its breath after a hectic few weeks. THE BIG LOGISTICS STORY- Abu Dhabi-based trading firm Invictus is planning to invest AED 1 bn to expand into North Africa and diversify its logistics business. Meanwhile, IATA data shows […]
Posted inInvestment Watch
Invictus to invest AED 1 bn to diversify its agro-food trading and processing business
The investment will see the company potentially expand into Morocco and Algeria
Posted inThe Macro Picture
The MENA region’s aviation sector is in recovery, but cargo volumes are still down in 1Q 2023
Air cargo traffic fell in the MENA region in 1Q 2023 amid a global slowdown, though air connectivity is seeing improvements
Posted inDiplomacy
UAE + Mongolia talk boosting trade, logistics cooperation. PLUS: Qatar + France discuss transport cooperation
UAE + Mongolia eye stronger trade cooperation: Emirati Foreign Trade Minister Thani bin Ahmed Al Zeyoudi discussed enhancing trade and investment ties with Mongolian Deputy Prime Minister Khurelbaatar Chimed during the Mongolia Economic Forum in Ulaanbaatar, Emirati News Agency Wam reported. Al Thani also spoke with Mongolia’s business executives to boost logistics cooperation. “By further […]
Posted inLogistics in the News
Smart containers to grow sixfold by 2028 + retailers raise the bar for zero-fee shipping amid rising costs, inflation
The world’s smart container fleet is forecast to grow sixfold over the next five years and account for 30% of shipping containers by 2027, according to a forecast by Drewry. Supply chain disruptions and port congestion during the pandemic spotlighted the need for smart containers — fitted with telematic devices that allow for container tracking […]
Posted inAlso on Our Radar
GWC partners up with LDA to boost offshore energy solutions + Riyadh Airports inks agreement to implement AI system
MARITIME- GWC + LDA form strategic partnership to provide offshore energy services: Qatar’s logistics and supply chain solutions provider GWC has partnered up with maritime solutions firm Louis Dreyfus Armateurs (LDA) to provide offshore energy services for customers in Qatar, the GCC and beyond, according to a press release. The companies will pursue ship owning […]