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Salalah Port in Oman secured the second spot in the ranking
Author Archives: enterpriseam admin
Posted inDiplomacy
UAE, Malaysia to sign CEPA + Iran, Indonesia sign preferential trade agreement. PLUS: Ukraine, Morocco eye boosting trade
Iran and Indonesia signed a preferential agreement yesterday to boost their economic relations and increase trade between the countries during a visit, Iran’s official Islamic Republic News Agency reports. The countries agreed on a countertrade scheme, whereby goods and services can be exchanged without being constrained by scarcity or currency difficulties, Indonesian Trade Minister Djatmiko […]
Posted inLogistics in the News
Only one thousandth of 1% of containers were lost at sea in 2022
A record low number of containers were lost at sea last year: Only661 shipping containers were lost at sea in 2022, the lowest number of vessels lost since the World Shipping Council (WSC) began tracking in 2008, according to a WSC report (pdf).The number also represents “less than one thousandth of 1%” of the 250 […]
Posted inAlso on Our Radar
Agility’s logistics park in Mozambique signs new facility agreement + Talabat, Khalifa Fund to support SMEs. PLUS: CMA CGM’s air cargo line is redeploying aircraft to MENA
PARKS- Oceana Distribution to open new facility in Mozambique’s Agility Logistics Park:Mozambique food distributor Oceana Distribution Lda has chosen Agility Logistic Park in Maputo, Mozambique as the site for its new office and storage and distribution facility, according to a statement by Agility. The new 5k sqm facility can handle up to 3k pallet positions […]
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. 16-23 May (Tuesday-Tuesday): Subscription window will be open for retail Investors for […]
Posted inWhat we're tracking today
TODAY: UK-GCC trade talks continue this week + Iran, Russia make more progress on transport corridor
Good morning, friends. It’s shaping up to be a busy week in the logistics world, with plenty of updates on the shipping front and in capital markets. THE BIG LOGISTICS STORIES- Adnoc L&S has upped the size of its IPO on strong investor demand, while DP World has launched the first direct freight service between […]
Posted inIPO Watch
Adnoc bumps size of Adnoc L&S IPO on strong investor demand, a day before subscription closes
The IPO has seen significant investor demand across all tranches
Posted inFREIGHT
DP World launches direct freight service between UAE and Iraq
The direct trailer-ferry service will connect the ports within 36 hours
Posted inRail
Alstom looking to debut hydrogen trains in KSA before year’s end
Alstom is currently in talks with hydrogen suppliers to provide hydrogen for its project