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Posted inDiplomacy

Bahrain + UK ink digital economy trade partnership + Morocco, Oman boost transport cooperation. PLUS: Jordan, Hungary eye logistics zones

Morocco + Oman boost transport cooperation with four MoUs: Moroccan Foreign Affairs Minister Nasser Bourita and his Omani counterpart Badr Al Busaidi signed four bilateral agreements during a meeting of the joint commission between the two countries, according to a statement. The agreements consist of one partnership agreement and three MoUs focusing mainly on maritime […]

Posted inLogistics in the News

New containership capacity hits all-time record in June + Airbus dabbles with new wing technology

New containership capacity reached a record 285k TEU in June,according to Alphaliner data cited by Seatrade Maritime. The record delivery figures come on the back of the fulfillment of newbuildings ordered during the container shipping boom in 2021-2022. The 285k TEU does, however, fall short of the 400k TEU forecasted by analyst Alphaliner. This could […]

Posted inAlso on Our Radar

UAE approves first license for self-driving vehicles + Qatar Airways boosts cargo operations to Saudi’s Dammam. PLUS: Flynas boosts fleet, and news from Iran Air, Emirates, and Etihad Airways

LAST MILE- The UAE has approved the first national license for self-driving vehicles to operate on its roads, UAE Vice President and Prime Minister, and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum said in a statement. The license grants China-based self-driving research outfit WeRide the green light to conduct tests for self-driving vehicles […]

Posted inAround the World

Nikola Corp to liquidate assets of battery supplier Romeo Power

Electric truck manufacturer Nikola Corp will liquidate the assets of its battery supplier Romeo Power, which it acquired less than a year ago for some USD 144 mn in stock to boost battery pack production, Reutersreports. Romeo Powerhas struggled to meet investor expectations due to rising commodity costs and limited access to capital. The manufacturer, […]

Posted inCalendar

JULY 3-7 July (Monday-Friday): International Maritime Organization’s Marine Environment Protection Committee Meeting, IMO Headquarters, London, UK. 11 July (Tuesday): Deadline for bidding for the consultancy tender for detailed design, study, and preparation of documents for Kuwait's Railway Project. 16-17 July (Thursday-Friday): The Levitate Conference and Exhibition, St. Regis Amman Hotel. 24-25 July (Monday-Tuesday): ICSG Istanbul, […]

Posted inWhat we're tracking today

TODAY: Another step towards non-USD dominant trade? + Iran unveils strategy for North-South Corridor

Good morning, friends. Today’s issue has a bit of everything, with a big focus on decarbonization in shipping, last-mile delivery and more. THE BIG LOGISTICS STORY- Oman’s Khazaen Economic City is getting two freezones to support light and medium industries and trade.Meanwhile, Tehran is ramping up efforts to electrify its transport fleet, with plans to […]

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