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Posted inAround the World

China to launch CNY-priced container futures + new China cargo route to Afghanistan. PLUS: More from India, Maersk, and V.Group

China to introduce container futures product using CNY as settlement currency:The Shanghai Futures Exchange and the Shanghai Shipping Exchange are working to launch a container shipping futures product that will use the Chinese CNY as its settlement currency, Splash reports. The CME Group launched container freight futures in the UK last year, covering six different […]

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: Russia + the GCC adopt 2023-28 “joint action plan” + Turkey and Russia to hold talks over Black Sea grain pact next week

Good morning, friends. We have a lighter issue for you today, which is a refreshing change of pace after what felt like a cascade of news out of the logistics world over the past weeks. THE BIG LOGISTICS STORY- An Iranian firm has inked an MoU to form a JV with an Afghan firm to […]

Posted inDiplomacy

UK becomes an official sea-air cargo services partner for Bahrain + Oman, Jordan to boost trade. PLUS: News from Iran and Qatar

Bahrain has granted the UK an accreditation certificate making it an official sea-air cargo services partner, according to Bahrain News Agency. The certificate allows UK-based countries to obtain certificates to operate sea-air cargo services between the countries. Oman and Jordan emphasized the need to support the private sector in increasing bilateral trade during the Omani-Jordanian […]

Posted inAlso on Our Radar

UAE’s Royal Jet eyes acquisition of business in Malaysia airport. PLUS: News from Emirates Post, Jordan, and GWC

AVIATION- Royal Jet eyes Malaysia expansion with potential acquisition: UAE-based airline Royal Jet has inked a conditional Heads of Agreement with Sapura Resources Berhad (SRB) to acquire SRB’s aviation business at Subang International Airport, according to a press release. The potential acquisition indicates Royal Jet’s intention to expand into the Asian market, where Subang International […]

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