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The railway is expected to decrease travel time from Tehran to Tabriz by four to five hours
Author Archives: enterpriseam admin
Posted inIPO Watch
SCZone lines up 20% IPO of Port Said Terminal Operator
The offering has been in the pipeline for six months
Posted inStartup Watch
Saudi logistics startup OTO marks entry into Turkish market
OTO is planning to focus on providing shipping services to retail and e-commerce players
Posted inDiplomacy
GCC + the US commit to protecting maritime security in the region. PLUS: Saudi Arabia + China, Qatar + Ghana to boost transport cooperation
GCC + US stress commitment to maritime security in the region: The GCC’s foreign ministers and Secretary General Jassim Muhammad Al Budaiwi met with US Secretary of State Antony Blinken, during which they asserted their commitment to upholding freedom of navigation and maritime security, according to a joint statement. They stressed their willingness to tackle […]
Posted inLogistics in the News
Seafarer labor market deficit reaches highest in 17 years
Hapag Lloyd CEO warns that shipping rates are at “unsustainable levels”: Container shipping freight rates have fallen to unsustainable levels,Hapag Lloyd CEO Rolf Habben Jansen said in a call with journalists, according to Reuters. There is an urgent need for rates to rebound and that some spot rates are “below cost,” Habben Jansen said. “In […]
Posted inAlso on Our Radar
Adnoc L&S gets EPC contract for offshore island. PLUS: News from Bahri, DMCC, Jazan Economic Zone, Aqaba and Huawei
MARITIME- Bahri Line and Katoen Natie ink stevedoring agreement: The shipping subsidiary of Saudi Arabia’s national shipping carrier Bahri,Bahri Line, has signed an agreement with Belgium-based logistics service provider Katoen Natie for cargo handling services in the Port of Antwerp, according to a company statement. The agreement aims to optimize supply management for Bahri Line […]
Posted inAround the World
More sustainable aviation fuel progress + Airbus ups aircraft deliveries. PLUS: MSC slapped with USD 9.8 mn fine
Aramco, Eni + United Airlines invest in aviation fuel R&D: The venture units of Saudi Aramco and ENI, as well as United Airlines, have joined forces to invest in UK-based sustainability startup OXCUU’s drive to make low-carbon aviation fuel more affordable,Reuters reported last week. The initiative — spearheaded by US-based investor Clean Energy Ventures — […]
Posted inCalendar
JUNE June: Suez Canal Economic Zone holds a roadshow in Delhi. 11-12 June (Sunday-Monday): Arab-China Business Conference, King Abdul Aziz International Conference Center, Riyadh, KSA. 12-15 June (Monday-Thursday): Saudi Plastics & Petrochem, Riyadh, KSA. 13-15 June (Tuesday-Thursday): Terminal Operators Conference Europe (TOC), Rotterdam, Netherlands. 14 June (Wednesday): Iraq will hold a press conference on its […]
Posted inWhat we're tracking today
TODAY: QatarEnergy in talks for LNG vessels + Middle East carriers could be in for a full recovery by 2024
Good morning, everyone. We cap off the week with another light issue, as the newsflow continues to crawl through the end of the week. THE BIG LOGISTICS STORY- Bunkering services provider Peninsula has launched operations in the Suez Canal, a couple of weeks after Minerva kicked off its operations. Over in Saudi Arabia, PIF-owned lessor […]