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Oman’s Asyad is reportedly planning to IPO Asyad Shipping this year
The company has hired advisers Jefferies Group and SFG Hermes on the matter, according to insider sources.
Maritime and rail updates from Egypt and the UAE
Stories on our radar this morning from around the region
South Korea plugs USD 1.44 bn into boosting its shipbuilding industry
Stories on our radar this morning from around the world
Chinese exporters speak out amid rising concerns of a global freight overload
Some 19% of US and 26% European buyers placed advanced orders from Chinese suppliers in May to be front-loaded for…
Maritime, cargo, and storage updates from KSA, UAE, and Algeria
Stories on our radar this morning from around the region
Andoc L&S inks USD 2.5 bn LNG carrier contract with Samsung Heavy Industries + Hanwha Ocean
Andoc has now plugged over half its USD 5 bn investment target into expanding its LNG fleet.
Enterprise Explains: How will autonomous technology impact the global shipping industry?
We can a look at the current shifts towards autonomous technology at an industry scale both at home and abroad
Sany + SGP sign a contract to supply King Abdulaziz Port with 80 e-trucks
The agreement aims to enhance the operational efficiency in the port
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