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Author Archives: enterpriseam admin
Invictus to invest AED 1 bn to diversify its agro-food trading and processing business
The investment will see the company potentially expand into Morocco and Algeria
The MENA region’s aviation sector is in recovery, but cargo volumes are still down in 1Q 2023
Air cargo traffic fell in the MENA region in 1Q 2023 amid a global slowdown, though air connectivity is seeing improvements
UAE + Mongolia talk boosting trade, logistics cooperation. PLUS: Qatar + France discuss transport cooperation
UAE + Mongolia eye stronger trade cooperation: Emirati Foreign Trade Minister Thani bin Ahmed Al Zeyoudi discussed enhancing trade and investment ties with Mongolian Deputy Prime Minister Khurelbaatar Chimed during the Mongolia Economic Forum in Ulaanbaatar, Emirati News Agency Wam reported. Al Thani also spoke with Mongolia’s business executives to boost logistics cooperation. “By further […]
Smart containers to grow sixfold by 2028 + retailers raise the bar for zero-fee shipping amid rising costs, inflation
The world’s smart container fleet is forecast to grow sixfold over the next five years and account for 30% of shipping containers by 2027, according to a forecast by Drewry. Supply chain disruptions and port congestion during the pandemic spotlighted the need for smart containers — fitted with telematic devices that allow for container tracking […]
GWC partners up with LDA to boost offshore energy solutions + Riyadh Airports inks agreement to implement AI system
MARITIME- GWC + LDA form strategic partnership to provide offshore energy services: Qatar’s logistics and supply chain solutions provider GWC has partnered up with maritime solutions firm Louis Dreyfus Armateurs (LDA) to provide offshore energy services for customers in Qatar, the GCC and beyond, according to a press release. The companies will pursue ship owning […]
China to launch CNY-priced container futures + new China cargo route to Afghanistan. PLUS: More from India, Maersk, and V.Group
China to introduce container futures product using CNY as settlement currency:The Shanghai Futures Exchange and the Shanghai Shipping Exchange are working to launch a container shipping futures product that will use the Chinese CNY as its settlement currency, Splash reports. The CME Group launched container freight futures in the UK last year, covering six different […]
JULY 16-17 July (Thursday-Friday): The Levitate Conference and Exhibition, St. Regis Amman Hotel. 17-28 (Monday-Friday): The fourth round of negotiations between the GCC and the UK for a trade Agreement will take place in London. 24-25 July (Monday-Tuesday): ICSG Istanbul, Istanbul Lutfi Kirdar Convention & Exhibition Centre, Istanbul. AUGUST Oman will award Ras Al Hadd […]
TODAY: Russia + the GCC adopt 2023-28 “joint action plan” + Turkey and Russia to hold talks over Black Sea grain pact next week
Good morning, friends. We have a lighter issue for you today, which is a refreshing change of pace after what felt like a cascade of news out of the logistics world over the past weeks. THE BIG LOGISTICS STORY- An Iranian firm has inked an MoU to form a JV with an Afghan firm to […]