ENERGY- Cosco Shipping to transport + set up Marjan offshore platforms: Cosco Shipping has secured a contract to transport and install Saudi Aramco’s PK1 offshore platform on the Majran oil field off the coast of Saudi Arabia by 2024 in what is the company’s largest project to date, according to a press release. The company […]
Author Archives: enterpriseam admin
MSC eyeing Brazilian logistics outfit for potential USD 1 bn acquisition
MSC is reportedly in talks to acquire Brazilian port and maritime logistics outfit Wilson Sonsin a USD 1 bn buyout, according to local Brazilian media reports picked up by Splash. MSC has been on an acquisition spree in Latin America, after acquiring Brazilian intermodal logistics company Log-In Logistica. Ocean Wilsons, Wilson Sons’ parent company, confirmed […]
JUNE June: Suez Canal Economic Zone holds a roadshow in Delhi. 19-21 June (Monday-Wednesday): Coupa Inspire, ExCel, London, UK. 19-25 June (Monday-Sunday): Paris Air Show, Le Bourget Parc des Expositions, Paris, France. 20-21 June (Tuesday-Wednesday): Jordan-Iraq Economic Forum, Amman, Jordan. 20-23 June (Tuesday-Friday): Conference on the Marine Transportation System Innovative Science and Technologies Toward Greater […]
TODAY: SCZone is in New Delhi for a roadshow + Iran to inaugurate Razi terminal within days
Good morning, friends. We have a packed issue for you this morning, with plenty of updates from Egypt — and a whole lot of aviation and trade news. THE BIG LOGISTICS STORY- Egypt inaugurated its multipurpose maritime terminal Tahya Misr at Alexandria’s port on Thursday, as part of a state-led drive to turn Egypt into […]
Egypt launches new high capacity port terminal at Alexandria Port
The terminal will help boost the port’s revenues by USD 50 mn a year, and shorten waiting times for docked ships
Abu Dhabi will get a new passenger-to-freighter conversion facility by July
Abu Dhabi International Airport could see the launch of the Israel Aerospace Industries (IAI) Boeing 777 passenger-to-freight (P2F) conversion facility by 2H 2023, Aviation International Online (AIN) quotes IAI Aviation Group VP and General Manager Shmuel Kuzi as saying. Conversion work at the site should kick off around “June or the beginning of July,” Kuzi […]
DP World pours GBP 12 mn into 8 straddle carriers for its London Gateway
The straddle will be used at the company’s fourth berth in London Gateway, which will have all-electric equipment
Egypt applies to join BRICS alliance + negotiates credit line with India as it looks to boost non-USD trade
Egypt is negotiating several agreements to allow it to trade in currencies besides the USD amid ongoing FX shortage
Saudi Arabia + Iran discuss maritime security and trade + Qatar and Korea discuss boosting trade. PLUS: Tunisia, Malta discuss transport, trade + UAE, Brazil discuss aviation, logistics and transport cooperation
Saudi + Iranian foreign ministers discuss security + trade in Tehran: Irani Foreign Minister Hossein Amirabdollahian and his Saudi counterpart, Faisal Bin Farhan Al Saud, met in Tehran to discuss regional security and maintaining “positive” relations, Saudi news agency SPA reports. The ministers discussed topics ranging from offshore security in the region to “sustainable trade, […]