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Posted inDiplomacy

Qatari Transport Minister discusses boosting transport ties with regional counterparts at Middle East Rail

Qatari Transport Minister Jassim Saif Ahmed Al Sulaiti discussed developing transportation ties in meetings with officials from across the MENA region during the Middle East Rail conference in Abu Dhabi on Monday. Al Sulaiti met with: IranianTransport Minister Mehrdad Bazrphash, with whom he discussed cooperating on transport, maritime navigation, commercial ports, air transport and civil […]

Posted inLogistics in the News

Countries are looking towards reshoring, nearshoring amid global supply chain reconfiguration, DP World CEO says

The reconfiguration of supply chains is prompting countries to resort to reshoring and nearshoring to preempt supply chain disruptions and double down on industrialization, CEO and Managing Director of DP World UAE and Jafza (Jebel Ali FreeZone Authority) Abdulla Bin Damithan said at the Seatrade Maritime Logistics Middle East event in Dubai, Seatrade Maritime reports. […]

Posted inAlso on Our Radar

Masdar, Airbus to work on sustainable aviation fuel development + Egypt to provide incentives to investors, transport players. PLUS: EISAS is now Asyad’s shipping agent in Egypt

AVIATION- Masdar + Airbus team up on SAF production: UAE renewables company Masdar signedan agreement with French aircraft manufacturer Airbus to jointly develop sustainable aviation fuels, green hydrogen, and direct air capture technologies, according to a statement. The agreement also sees the companies jointly launching a book and claims framework that would enable aircraft operators […]

Posted inAround the World

Eurozone trade balance jumps to surplus in 1Q 2023 on the back of higher exports + J&T Express acquires SF Express subsidiary

The eurozone’s unadjusted trade balance saw an 8.5% jump in exports in 1Q 2023, alongside flat import growth, according to a report by the EU’s statistics agency Eurostat (pdf). The region saw a EUR 25.6 bn trade surplus in March, as opposed to a deficit during the same period in 2022, according to a separate […]

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. 15-17 May (Monday-Wednesday): Global Fleet Conference, Cascais, Portugal. 15-19 May (Monday-Tuesday): The […]

Posted inWhat we're tracking today

TODAY: Turkish elections delay resumption of Iraqi oil exports to Turkey + Container line between Jebel Ali and Iran’s Bushehr Port coming this year

Good morning, ladies and gentlemen. We have another brisk issue for you today, with updates on the Adnoc L&S IPO, and some details on Iraq’s mega Development Road Project. THE BIG LOGISTICS STORY- Adnoc Logistics & Services’ IPO — which will see the company list a 15% stake on the ADX — kicked off to […]

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