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Egypt will debut its first ship breaking yard at Damietta Port
The project will generate 1.5 mn tons of scrap annually
UAE + South Korea finalize CEPA agreement, sign transport agreements
CEPA will see both countries slash import tariffs
Transmar, AD Ports and Orascom will build a green methanol plant in Egypt
Green methanol stands to slash emissions from shipping vessels by 60% to 95%
HSBC + Geidea launch Omni Collect, Egypt’s NNC boosts fleet
NNC gets a new bulk carrier
Mawani + G4 Logistics ink agreement to set up grain storage warehousing
Stories on our radar this morning from around the region
How does the EU Emissions Trading System impact global shipping?
ETS kicked off this year, and will see a phased introduction over the next three years
AD Ports’s net income jumps 10% y-o-y in 1Q 2024
Recent acquisitions contributed to the boost in AD Port Group’s earnings
QatarEnergy + Nakilat ink long-term agreement for nine LNG vessels
Nakilat will own and operate the vessels and charter them out to QatarEnergy affiliates
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