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Posted inDiplomacy

Iraq and Syria talk trade at their joint-committee session

Trade and investment in the energy and agricultural sectors were on the agenda during Iraq and Syria’s joint-committee meeting yesterday, according to an Iraqi Commerce Ministry statement. Government officials from both sides recognized the importance of encouraging their respective private sectors to establish joint ventures in the industrial and agricultural sectors. The meeting comes on […]

Posted inAlso on Our Radar

Jazeera Airways reports 1Q earnings + Abu Dhabi Aviation merges with ADQ Aviation. Plus: GAC warehouses get solar panels and AP Moller-Maersk opens a new corporate office

AVIATION- Kuwaiti low cost airline and freight service providerJazeera Airways’ net income dropped 39.7% y-o-y in 1Q 2023 to KWD 2.3 mn (USD 7.48 mn), according to the company’s earnings presentation (pdf). The airline’s revenue for the quarter rose 35.2% y-o-y to KWD 48.3 mn, underpinned by a 56.6% y-o-y uptick in passenger traffic to […]

Posted inOn Your Way Out

Corvus Energy to launch no-carbon battery fuel system for ships next month

Norway’s Corvus Energy planning to launch no-carbon hybrid propulsion system:Norwegian maritime energy storage solutions provider Corvus Energy is planning to launch a zero-carbon battery-fuel cell hybrid propulsion system for several ships in June, according to Seatrade Maritime. The H2NOR fuel cell system can be combined with batteries to provide zero carbon propulsion with a performance […]

Posted inCalendar

MAY May: The Suez Canal Economic Zone (SCZone) plans to hand over a new 1k-meter container berth to the East Port Said Port. May: The ArabAcademy for Science, Technology and Maritime Transport (AAST) will roll out its first locally-made electric cargo transport vehicle. 1-4 May (Monday-Thursday): Select USA Investment Summit, National Harbor, Maryland, USA. 1-4 […]

Posted inWhat we're tracking today

TODAY: Kuwait resumes exports following re-opening of refinery + Russia and India to reboot transport corridor

Good morning, friends. We have another diverse issue for you this morning, with some updates from Egypt and Saudi Arabia in the rail and shipping departments, and plenty of signs of more regional cooperation in the transport sector. THE BIG LOGISTICS STORY- Saudi Arabia’s state-owned National Shipping Company (Bahri) and Egypt’s Suez Canal Authority are […]

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