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DHL Global Forwarding and IAG Cargo ink SAF agreement: DHL Global ForwardingPartners — the air and ocean freight subsidiary of DHL — signed a contract with IAG Cargo to acquire 11.5 mn liters of sustainable aviation fuel (SAF) in 2023,according to a company statement. The renewable alternative — which consists of waste from food and […]
Author Archives: enterpriseam admin
Posted inCalendar
JUNE June: Suez Canal Economic Zone holds a roadshow in Delhi. 12-15 June (Monday-Thursday): Saudi Plastics & Petrochem, Riyadh, KSA. 13-15 June (Tuesday-Thursday): Terminal Operators Conference Europe (TOC), Rotterdam, Netherlands. 13-15 June (Tuesday-Thursday): The Multimodal, Birmingham, UK. 14 June (Wednesday): Iraq will hold a press conference on its Development Road Project. 14-15 June (Wednesday-Thursday): Helishow […]
Posted inWhat we're tracking today
TODAY: The Suez Canal Authority has a new holding company + RiyadhAir takes first demo flight
Good morning, lovely people. We have a brisk issue for you this morning, with some updates on the maritime shipping and rail fronts — and some positive news out of Oman on biofuel production. THE BIG LOGISTICS STORY- AP-Moller Maersk has added Jeddah Islamic Port in Saudi Arabia to two of its key shipping lines, […]
Posted inSHIPPING
Maersk adds Jeddah Islamic Port to two key shipping lines, connecting it with Africa and Europe
The two shipping lines connect the port with ports in East Asia, Southern Europe, and Africa
Posted inRail
First day of Arab-China Business Conference sees USD 250 mn agreement for local manufacturing of rolling stock and parts in KSA
Sabatco and China’s CRRC will
Posted inInvestment Watch
Oman’s Wakud to establish plant in Khazaen Economic City for biofuel production
The plant could expand by 2025 to produce sustainable aviation fuels
Posted inDiplomacy
Iran to boost bilateral trade with turkey to USD 15 bn by 2025
Iran and Turkey are looking to strengthen bilateral trade to reach USD 15 bn by 2025 through cooperation with the private sector, Mehr News Agency quotes Head of Iran's Trade Promotion Organization (TPO) Farzad Piltan as saying. However, certain items traded between the two countries are facing challenges due to US sanctions. “Some of these […]
Posted inLogistics in the News
A global shipping tax could be coming + Tanker orders are on the decline, indicating a potential supply shortfall
The shipping industry’s zero-tax status could be changing, with proposals from the group of Pacific nations that the industry pay a global levy for its carbon emissions to encourage it to transition away from hydrocarbons, Reuters reported on Monday. If applied by the International Maritime Organization (IMO), the levy would help raise an annual USD […]
Posted inAlso on Our Radar
Kuwait International Airport is upgrading its navigation systems + Egypt, Jordan strengthen natgas cooperation. PLUS: News from Gulf Marine Services, Egyptair, G42, Yemen, Zakher Marine and SADAFCO
AVIATION- Italy’sLeonardo to upgrade Kuwait airport’s navigation system: Kuwait’s Directorate General of Civil Aviation (DGCA) has inked a USD 21.4 mn contract with Italian aerospace, defense, and security outfit Leonardo to upgrade Kuwait International Airport’s air navigation system, Kuwait News Agency (KUNA) reports. The agreement will see the design, manufacture, import, and operation of two […]