TRADE- Jordan + Canada to launch joint investment platform by end of 2023: Jordan and Canada intend to launch a joint electronic platform by the end of the year to showcase avenues for investment and trade between the two countries, Jordan News Agency (Petra) reported, citing an announcement by the Amman Chamber of Commerce. The […]
Author Archives: enterpriseam admin
Turkey + EU eye upgrading trade ties + Ford doubles down on electric truck production. PLUS: More on LNG imports, bunkering, and Hapag-Lloyd
Turkey + EU considering easing trade ties:Turkey is discussing updating its customs union with the EU in a bid to re-engage with EU countries’ and investors and boost trade, Bloomberg reports. Although the European Commission has long pushed to update the trade agreement, which has been in place since 1995, no progress has been made […]
AUGUST Oman will award Ras Al Hadd Airport consultancy contract. 31 July-9 August (Monday-Wednesday): KSA trade delegation headed by Investment Minister Khalid Al Falih tours Brazil, Chile, Costa Rica, Argentina, Panama, Paraguay, and Uruguay. 8 August (Tuesday): Kuwait will issue a tender for the construction of Mubarak Al Kabeer Port. 27 August (Sunday): Last day […]
TODAY: Ukraine’s grains take big hit amid ongoing Russian attacks + Saudi ports saw traffic rise in 2022
Good morning, friends. We have a light issue for you today as we near the end of the week, with the newsflow yesterday bringing us just a few updates from Egypt and the UAE. THE BIG LOGISTICS STORY- The Dubai Maritime Authority has scrapped the freeze on Dubai-based shipping operators’ service charges. Over in Egypt, […]
Dubai Maritime Authority removes container charge freeze for maritime firms
The freeze was introduced in May to combat hidden charges and price-fixing
Mienta to open USD 5 mn factory and warehouse in SCZone
The warehouse will have the capacity to store 200 containers
Middle East supply chains are turning to reshoring, tech and diversification to dodge supply chain disruptions
Supply chain disruptions will shift exporters’ focus to risk mitigation + diversification in 2023: The World Trade Organization expects (pdf) global trade growth to slow in 2023 to just 1% — down from 3.5% in 2022 as a result of supply chain disruptions brought on by covid-19 and the Russia-Ukraine war. Geopolitical changes and heightened […]
Low Rhine River levels causing disruption to key trade artery
Low rainfall is reducing water levels in Europe’s Rhine River and disrupting transport in the waterway, Gibson Shipbrokers said in its tanker report (pdf). Low water levels in the river, which is used for cargo transport and fuel distribution, is causing draft restrictions and has reduced quantities of cargo on barges. Cargo vessels are restricted […]