Good morning, wonderful people. We hope you had a lovely Eid Adha break, and that you’re ready to get back into the swing of things. We have a packed issue for you this morning, filled with updates from the region and beyond on what went on in the logistics world over the past week. But […]
Author Archives: enterpriseam admin
AD Ports Group acquires Spain’s Noatum
The acquisition will see Noatum take on operations of AD Ports Groups’ logistics cluster
Saudi Arabia’s Spark and Hutchison Ports form JV to manage and operate the zone’s dry port
The dry port is earmarked for integration with the GCC Rail and the linked highway
Chinese container train to Uzbekistan transiting Iran kicks off operations
The train takes two weeks to travel from Bandar Abbas to its destination in Uzbekistan
UAE-based Freight platform Transportr secures seed funding round
The funds will be used to help kickstart its expansion plans
Etihad Cargo Senior Vice President to leave by September
Etihad Airways Cargo’s senior vice president, Martin Drew (Linkedin), is stepping down from his position in September, after 18 years at Etihad, an Etihad spokesperson confirmed to the Stat Trade Times, without disclosing who will take on the role after he leaves. Drew’s career at Etihad spanned several different roles with his most recent position […]
Aging ships are on the decline, following months of proliferation
The average age of ships being acquired to move sanctioned Russian oil to buyers around the globe is declining, according to VesselsValue data cited by Bloomberg. Following Russia’s invasion of Ukraine last year, hundreds of older vessels were purchased by shadowy entities to sidestep sanctions placed on Russian energy exports. The recent purchases of newer […]
New floating dock arrives in Port Said + Bahri offloads old VLCC. PLUS: News from SCZone, Bahri, Etihad Cargo and Etihad Airways
ZONES- Port Said receives 35k ton capacity floating dock: The Suez Canal Authority (SCA) has received the Fakhr Al-Qanah floating dock at the Port Said shipyard from the SANG SANGIN shipyard in Korea, according to a statement. The dock is 260 meters long, has a 62-meter beam, and a draught of 18 meters with a […]
EU proposal offers Russia incentive to extend Black Sea grain pact + a step towards decarbonized shipping? PLUS: MSC teams up with IBS to digitize air cargo operations
Russia may gain access to SWIFT for grain related transactions under new EU proposal: The EU is considering allowing the sanctioned Russian Agricultural bank to create a subsidiary that would reconnect it to global financial network Swift, five people in the know told Financial Times. The move would act as a means to safeguard the […]