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Good morning, wonderful people. It’s a busy day for logistics in our neck of the woods and elsewhere, providing plenty of news to get the day started with. THE BIG LOGISTICS STORY- Purchasing manager indices (PMI) tracking non-oil private sector activity in the UAE, KSA, Qatar, and Egypt told a mixed tale but with all-round […]
Author Archives: enterpriseam admin
Posted inPurchasing
Non-oil private sector activity continues its boom in KSA + UAE + Qatar, while contraction softens in Egypt
New orders are on the up and up across most of the region
Posted inZones
Jordan looking to establish new port for the import of crude and derivatives
The port could also be used to export green hydrogen and ammonia
Posted inMARITIME
Egypt’s SCZone to begin rolling out bunkering services within days
The services will be offered at Ain Sokhna and Port Said ports
Posted inDiplomacy
Iraq and Syria talk trade at their joint-committee session
Trade and investment in the energy and agricultural sectors were on the agenda during Iraq and Syria’s joint-committee meeting yesterday, according to an Iraqi Commerce Ministry statement. Government officials from both sides recognized the importance of encouraging their respective private sectors to establish joint ventures in the industrial and agricultural sectors. The meeting comes on […]
Posted inLogistics in the News
The end of human-piloted aviation?
As the aviation industry embraces AI, planes may need no more than a single pilot, Emirates Airlines President Tim Clark tells CNBC. Although this may not happen for a while, it looks to be inevitable and Clark believes the industry needs to analyze how to best use AI to its advantage. Airbus delivered 55 planes […]
Posted inAlso on Our Radar
Jazeera Airways reports 1Q earnings + Abu Dhabi Aviation merges with ADQ Aviation. Plus: GAC warehouses get solar panels and AP Moller-Maersk opens a new corporate office
AVIATION- Kuwaiti low cost airline and freight service providerJazeera Airways’ net income dropped 39.7% y-o-y in 1Q 2023 to KWD 2.3 mn (USD 7.48 mn), according to the company’s earnings presentation (pdf). The airline’s revenue for the quarter rose 35.2% y-o-y to KWD 48.3 mn, underpinned by a 56.6% y-o-y uptick in passenger traffic to […]
Posted inAround the World
Iran seizes another oil tanker + Bed Bath & Beyond seeks to recoup mns of USD to pay off creditors
The US and Iran have been playing Battleship with oil tankers
Posted inOn Your Way Out
Corvus Energy to launch no-carbon battery fuel system for ships next month
Norway’s Corvus Energy planning to launch no-carbon hybrid propulsion system:Norwegian maritime energy storage solutions provider Corvus Energy is planning to launch a zero-carbon battery-fuel cell hybrid propulsion system for several ships in June, according to Seatrade Maritime. The H2NOR fuel cell system can be combined with batteries to provide zero carbon propulsion with a performance […]