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Singapore will not be ready for ammonia bunkering by the end of the yeardespite previous reportsto the contrary, according to a Singapore Maritime and Port Authority (MPA) statement. The announcement was issued to rebut earlier reportsthat the first transfers of the green fuel would take place before 2023 was out. The move had been pending […]
Author Archives: enterpriseam admin
Posted inCalendar
MAY May: The Suez Canal Economic Zone (SCZone) plans to hand over a new 1k-meter container berth to the East Port Said Port. May: The ArabAcademy for Science, Technology and Maritime Transport (AAST) will roll out its first locally-made electric cargo transport vehicle. 1-4 May (Monday-Thursday): Select USA Investment Summit, National Harbor, Maryland, USA. 1-4 […]
Posted inWhat we're tracking today
TODAY: The region’s port authorities report key container handling figures + April was a good month for tanker orders
Good morning, lovely people. We have a brisk issue for you this morning, with several big updates from maritime shipping players and a must-read breakdown of MENA countries’ performance in the World Bank’s latest logistics performance index. THE BIG LOGISTICS STORY- The UAE’s AD Ports plans c. AED 1 bn fleet expansion:AD Ports plans to […]
Posted inMARITIME
AD Ports Group plans maritime fleet expansion to the tune of AED 955 mn
The purchases will serve its partnerships with Bangladeshi port operator Saif Powertec and maritime shipping firm KazMorTransFlot
Posted inMARITIME
Egypt’s Transport Ministry + Korean shipbuilder Dae Sun to build two multi-purpose ships
More ships could come soon, as part of KCFMT’s partnership with the Transport Ministry
Posted inDiplomacy
UAE-India to build a green corridor to fuel trade + and UAE talks boosting trade with Morocco
UAE + India to build a “green corridor” for trade: The Reserve Bank of India and the UAE Central Bank are in discussion to create a INR-AED trade arrangement to simplify customs procedures, increase trade flows, and get maximum benefits from the Comprehensive Economic Partnership Agreement (CEPA) signed between the two countries last year, which […]
Posted inThe Big Read
GCC countries climb up rankings in the World Bank’s LPI, while low-income MENA countries trail behind
The UAE was the only country from the region to make it to the top 10 in the index
Posted inMoves
GWC appoints a new executive director for its energy division
Qatari logistics firm GWC Group has appointed Madhu Vallur (LinkedIn) as executive director of its energy division, Trade Arabia reports. Vallur most recently served as Group Business Development Director of Gulf Agency’s (GAC Group) energy projects division, and previously held several different roles at the logistics and marine services firm over a seven-year period. He […]
Posted inAlso on Our Radar
Egypt’s Pyramids Tires breaks ground on facility for cargo, passenger vehicle tires. PLUS: Bahrain joins GCC payment system + Tunisian e-commerce startup raises funds
MANUFACTURING- Egypt’s Pyramids Tires break ground on tire manufacturing hub in Saudi: Egyptian tire manufacturing company Pyramids Tires has begun construction work on a cargo and passenger vehicle tire manufacturing hub in Saudi Arabia, Al Mal quotes the company’s Chairman Ibrahim Gouda as saying. The hub — which is expected to begin operations in early […]