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The company wants to operate bunkering barges for marine gas oil and VLSFO deliveries at port berths in Oman
Author Archives: enterpriseam admin
Posted inMARITIME
Adnoc L&S expands shipping fleet with delivery of new VLCC
The VLCC is one of four it’s set to receive this year
Posted inDiplomacy
Iran + Qatar talk boosting trade. PLUS: Iran, Taliban to enhance cooperation in rail + KSA, Iraq to ratify maritime transport agreement
Iran + Qatar’s foreign ministers discuss bilateral trade ties: Iran’s Foreign Minister Hossein Amirabdollahian and his Qatari counterpart Mohammed Al Thani discussed boosting trade relations during a meeting in Doha, Tasnim News Agency reports. The ministers discussed plans to enhance trade between their countries, strengthening cooperation in the transportation sector, especially maritime transportation, and boosting […]
Posted inLogistics in the News
“Sanctions stigma” is making it difficult for Iranian cargo to owners to find willing handlers
Cargo owners are struggling to find shipowners willing to lighter Iran crude oil amid “sanctions stigma” on handling Iranian crude trapped off the US Gulf Coast, according to S&P Global. US authorities seized the 158k dwt Suezmax tanker Suez Rajan in April amid a tanker war with Iran, but Houston Refining — which owns the […]
Posted inAlso on Our Radar
Flynas to buy 30 Airbus aircraft + Afrexim launches trade ins. subsidiary. PLUS: News from DP World, Bahri, King Abdullah Port, Jeddah Islamic Port, Cisco, Oman, Wizz Air, and Menzies
CAPITAL MARKETS- Bahri approves capital increase: The National Shipping Company of Saudi Arabia (Bahri)’s board moved to increase the company's capital by granting bonus shares to shareholders according to the company’s general assembly meeting minutes (pdf). Bahri is raising its capital by 50% to SAR 7.4 bn, according to the minutes. Shareholders will receive one […]
Posted inAround the World
EU, Kenya sign landmark trade pact, with potential to expand to AfCFTA + Malaysian logistics firm to develop first ammonia-powered engine for deep sea vessels. PLUS: Mars UK slashes logistics carbon emissions
The EU and Kenya have inked a trade agreement that will give Kenya access to the EU without duties or a required quota, with prospects of further Eastern African countries to join, Bloomberg reports.The agreement, which comes into force in the beginning of 2024, will allow Kenyan exports to have access to the 28 markets […]
Posted inCalendar
JUNE June: Suez Canal Economic Zone holds a roadshow in Delhi. 19-21 June (Monday-Wednesday): Coupa Inspire, ExCel, London, UK. 19-25 June (Monday-Sunday): Paris Air Show, Le Bourget Parc des Expositions, Paris, France. 20-21 June (Tuesday-Wednesday): Jordan-Iraq Economic Forum, Amman, Jordan. 20-23 June (Tuesday-Friday): Conference on the Marine Transportation System Innovative Science and Technologies Toward Greater […]
Posted inWhat we're tracking today
TODAY: Iran eyeing a joint shipping firm with Russia as trade ties grow + is the tanker market getting a boost from rising US oil exports?
Good morning, lovely people. We have a bit of everything for you in this morning’s issue — with news from the startup world, a fresh e-commerce acquisition, and updates on a legal dispute concerning a major regional logistics firm. THE BIG LOGISTICS STORY- Talks between Russia and Iran over a trade agreement are entering their […]
Posted inTrade
Russia, Iran and regional partners could ink trade agreement by year’s end
The agreement comes on the back of tighter ties between Moscow and Tehran following Russia’s invasion of Ukraine