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Adnoc L&S expands its gas carrier fleet with new VLGCs: State-owned Abu Dhabi National Oil Company’s (Adnoc) shipping and maritime logistics arm, Adnoc L&S, has added five new-build Very Large Gas Carriers (VLGC) to its fleet, the company said in a press release last week. The carriers will be owned and operated by AW Shipping, […]
Author Archives: enterpriseam admin
Posted inEarnings Watch
Qatar’s Nakilat sees marginal net income + revenue growth in 1Q2023
Nakilat’s net income boost was driven by robust demand for LNG shipments
Posted inDiplomacy
Regional detentes could see a boost in trade
Tunisia and Syria have agreed to restore diplomatic ties amid a wider regional detente, DW reports. Tunisia is the latest country in the region to restore ties with the Assad regime, following Oman, which did so earlier this year, and the UAE, which resumed diplomatic ties in 2018. Syria will appoint an ambassador at a […]
Posted inLogistics in the News
Airplane shortages face another hit from Boeing
Boeing could reduce deliveries of new jets, adding to an industry-wide shortage: Boeing warned it is likely to reduce deliveries of its 737 Max planes, after facing issues with one of the plane’s spare parts. While not a safety concern, the problem impacts a significant number of undelivered 737 Max jetliners in production and storage. […]
Posted inAlso on Our Radar
Bahrain to overhaul data center infrastructure + Acelen invests USD 2.5 bn in renewable diesel. PLUS: SCZone makes plans for digitization, Abu Dhabi opens new bridge
AVIATION- Mubadala Capital’s energy subsidiary Acelen plans to invest USD 2.5 bn to produce renewable diesel and sustainable aviation kerosene in Brazil’s north-eastern state of Bahia, according to a statement. Construction on the biorefinery will begin “as early as” January 2024, with an eye to start production in 2026. The biorefinery will have the capacity […]
Posted inAround the World
India + Russia in talks for an FTA. PLUS: Chevron + Angelicoussis to cooperate on ammonia shipping
Energy giantChevron and Angelicoussis Group are collaborating on ammonia shipping under a joint study agreement, according to a statement. The companies will explore how tankers can be used to transport ammonia, which is a potential lower carbon marine fuel. The first phase will involve a feasibility study to assess the market, the existing infrastructure, and […]
Posted inCalendar
APRIL 17-21 April (Monday-Friday): Hannover Messe 2023, Messegelände, Hannover, Germany. 18-20 April (Tuesday-Thursday): Intermodal Africa, Durban International Convention Centre, South Africa. 25-27 April (Saturday-Monday): World Cargo Symposium, Hilton Istanbul Bomonti Hotel and Conference Centre, Istanbul, Turkey. MAY May: The Suez Canal Economic Zone (SCZone) plans to handover a new 1k-meter container berth to the East […]
Posted inWhat we're tracking today
TODAY: Iraq petitions US court for arbitration from Turkey + Suez Canal revenues rise in 1Q 2023
Good morning, friends. We’re finally experiencing the Ramadan news slowdown we’ve been expecting since the holy month began, but we still have a few updates from the region and beyond for you to dive into this morning. A quick programming note: Enterprise Logistics will be taking a publication holiday on Monday in observance of the […]
Posted inDispute Watch
Iraq seeks US help in enforcing oil arbitration award + Turkey hesitant to restart oil flows through Iraq
The International Chamber of Commerce previously ordered Turkey to pay USD 1.5 bn in damages