{"id":70450,"date":"2023-05-02T00:00:00","date_gmt":"2023-05-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=70450"},"modified":"2025-12-15T12:30:05","modified_gmt":"2025-12-15T12:30:05","slug":"how-gcc-mena-countries-fared-in-world-banks-logistics-performance-index","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/how-gcc-mena-countries-fared-in-world-banks-logistics-performance-index\/","title":{"rendered":"How GCC + MENA countries fared in World Bank\u2019s logistics performance index"},"content":{"rendered":"<section id=\"70452\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"70452\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">What we're tracking today<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/today-the-regions-port-authorities-report-key-container-handling-figures-april-was-a-good-month-for-tanker-orders\/\">\r\n                            TODAY: The region\u2019s port authorities report key container handling figures + April was a good month for tanker orders                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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<img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/65.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70453\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/today-the-regions-port-authorities-report-key-container-handling-figures-april-was-a-good-month-for-tanker-orders\/65-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/65.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"65.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/65.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/65.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70452\" class=\"content-area-description single-story post-70452 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-enterprise-logistics tag-logistics tag-ports tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.06127a06-b008-4d02-aa78-3b9d445109a1.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Good morning, lovely people. <\/span><span style=\"\">We have a brisk issue for you this morning, with several big<\/span><span style=\"font-weight:400;\"> updates from maritime shipping players and a must-read breakdown of MENA countries\u2019 performance in the World Bank\u2019s latest logistics performance index. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">THE BIG LOGISTICS STORY- The <\/span><span style=\"font-weight:700\">UAE\u2019s AD Ports plans c. AED 1 bn fleet expansion:<\/span><span style=\"\">AD<\/span><span style=\"\"> Ports plans to <\/span><span style=\"\">purchase five bulk carriers and three crude oil tankers for a total of AED 955 mn, while an Egyptian Transport Ministry-affiliated company will build two <\/span><span style=\"font-weight:400;\">MPC14K multi-purpose ships for the country\u2019s commercial fleet under an agreement signed yesterday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">HAPPENING TODAY-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">PSA- Dubai\u2019s Road and Transport Authority is closing Al Maktoum Bridge between<\/span><span style=\"font-weight:700\"> 12am-5am Mondays through Saturdays<\/span><span> until 13 May, the authority said in a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/twitter.com\/rta_dubai\/status\/1652232973528211458?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1652232973528211458%7Ctwgr%5E7170eec8ea82c6398aa6c735d63c1a6083e68eac%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.arabianbusiness.com%2Findustries%2Ftransport%2Fmajor-dubai-bridge-to-close-6-days-a-week\" style=\"\">tweet<\/a><\/span><span style=\"font-weight:400;\">. Alternative routes to use include Al Garhoud Bridge, Al Shindagha Tunnel, Business Bay Bridge, and Infinity Bridge.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"\"><a id=\"wwtt1\"><\/a> <\/span><span style=\"font-weight:700\">DATA POINT #1- Saudi ports saw a 17.6% spike in container volumes in 1Q <\/span><span style=\"font-weight:700\">2023<\/span><span>, according to a Saudi Ports Authority (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mawani.gov.sa\/en-us\/MediaCenter\/NewsCenter\/Pages\/Saudi-Ports-Gain-17.57-in-Q1-Container-Volumes-.aspx\" style=\"\">Mawani<\/a><\/span><span>) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mawani.gov.sa\/en-us\/MediaCenter\/NewsCenter\/Pages\/Saudi-Ports-Gain-17.57-in-Q1-Container-Volumes-.aspx\" style=\"\">statement<\/a><\/span><span>. <\/span><span style=\"font-weight:400;\">Container throughput figures for the quarter came in at a little over 2 mn TEUs, compared to about 1.7 mn a year ago. Export throughput saw a 16.1% increase, while import volumes increased 22.4% and transshipment volumes were up 15%, according to the breakdown provided. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DATA POINT #2- Some 728 crude oil tankers \u2014 and tankers carrying other <\/span><span style=\"font-weight:700\">petroleum products \u2014 passed through the Suez Canal in March<\/span><span>, marking a 59% y-o-y increase, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3NnpRBn\" style=\"\">Al Mal<\/a><\/span><span> reports. March cargo volumes grew 87.8% y-o-y to reach 36.8 mn tons. The volumes of various petroleum products through the canal more than doubled in 1Q 2023, Al Mal reports, citing its own calculations, with more than 104 mn tons of cargo transported during the quarter. The number of tankers passing through the canal in the quarter rose 69% y-o-y to over 2k vessels, according to the news website.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt2\"><\/a> <\/span><span style=\"font-weight:700\">DATA POINT #3- Kuwait\u2019s customs revenues grew 24% y-o-y to KWD 405 mn in FY <\/span><span style=\"font-weight:700\">2022-2023<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/44ga3GB\" style=\"\">Al Anba<\/a><\/span><span> quotes <\/span><span>Director General of Kuwait\u2019s General Administration of Customs Sulaiman Abdulaziz Al Fahd as saying<\/span><span>.<\/span><span style=\"font-weight:400;\"> The new electronic customs system helped boost revenues, Al Fahd said. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DATA POINT #4- Qatar\u2019s ports handled <\/span><span style=\"font-weight:700\">249.9k tons of cargo in April, posting a 114% <\/span><span style=\"font-weight:700\">y-o-y increase<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mwani.com.qa\/English\/Pages\/default.aspx\" style=\"\">Mwani Qatar<\/a><\/span><span> said in a tweet. Livestock volumes accounted for the bulk of the increase, rising 632%,  while building materials volumes rose 15% and RORO volumes rose 2%. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\"><\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">            Get <b style=\"font-weight: 700\">Enterprise<\/b> daily          <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>       <a href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>      <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARKET WATCH-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <a id=\"wwtt3\"><\/a><\/span><span style=\"font-weight:700\"> April may have been the busiest month for tanker orders since March 2021:<\/span><span>Orders for tankers between January and mid-April have reached 61, up 48 units <\/span><span>y-o-y<\/span><span>, <\/span><span>according to a BRS report<\/span><span> picked up by <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/splash247.com\/april-sees-tanker-orders-rain-in\/\" style=\"\">Splash247<\/a><\/span><span style=\"font-weight:400;\">. The new orders are weighted towards higher capacity vessels. However, due to wait time and other factors, the new orders are \u201cunlikely to affect fleet fundamentals until after 2026,\u201d Splash247 quotes the BRS report as saying. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt4\"><\/a> <\/span><span style=\"font-weight:700\">Competition from High Sulfur Fuel Oil (HSFO) providers at Sharjah\u2019s Khor Fakkan <\/span><span style=\"font-weight:700\">facility is dragging buyers away from Fujairah\u2019s bunkering hub<\/span><span>, according to an <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spglobal.com\/commodityinsights\/en\/market-insights\/latest-news\/shipping\/042723-fujairahs-hsfo-market-faces-stiff-competition-as-demand-shifts-to-khor-fakkan\" style=\"\">S&P Global report<\/a><\/span><span>, citing local traders<\/span><span style=\"font-weight:400;\">. The heightened competition comes on the back of increased inflows of Russian HSFO barrels, which have created a glut in local HSFO supply and afforded more options to buyers. Greater HSFO refueling options at Khor Fakkan\u2019s facilities have also seen a fall in premiums for the low-grade fuel and the migration of Fujairah-based accounts to Khor Fakkan, traders are cited as saying. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/50.jpg?ssl=1\"\/><\/a><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The Enterprise Exports & FDI Forum, our latest industry-specific conference, is taking <\/span><span style=\"font-weight:700\">place on Monday, 15 May <\/span><span style=\"font-weight:400;\">at the Four Seasons Cairo Nile Plaza The Enterprise Exports & FDI Forum will give insiders and newcomers alike the chance to talk about how to develop an export-centered business and how their companies can help Egypt build an export-led economy that makes us a magnet for foreign direct investment (FDI).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Why exports & FDI?<\/span><span> In the wake of successive floats of EGP, exports and FDI have never been more important to our economy \u2014 or our businesses. We\u2019re gathering some of the CEOs, top execs from local companies and multinationals, investors, bankers and finance folks to speak on how businesses can adapt their strategies to be export-oriented and what Egypt as a country can do to draw foreign investment and much-needed FX. <\/span><span style=\"font-weight:700\">Expect it to be heavy on lessons learned in Egypt and other global growth markets \u2014 and lots of success stories.<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/index.html#aboutSection\" style=\"\">You can learn more on our conference website here<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Some of the biggest names in business and finance are on board \u2014 are you?<\/span><span style=\"font-weight:400;\"> The Enterprise Exports and FDI Forum is taking place with the generous support of our friends, including:<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Banking partners:<\/span><span style=\"font-weight:400;\"> Banque Misr | Al Baraka Bank | Emirates NBD | HSBC <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Lead partners:<\/span><span style=\"font-weight:400;\"> DB Schenker | DP World | East Port Said Development | IDG | IFC | Madinat Masr<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Event partners: <\/span><span>Beyti | Concrete | <\/span><span>GlobalCorp<\/span><span> | Grant Thornton | Hassan Allam Utilities <\/span><span>| Royal Ceramica<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">WANT TO BECOME A COMMERCIAL PARTNER?<\/span><span> Ping a note to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"mailto:mtaalab@inktankir.com\" style=\"\">Moustafa, our head of commercial, here<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">HAVEN\u2019T REQUESTED AN INVITE YET?<\/span><span> If you\u2019re a C-suite exec, business owner, DFI staff, export executive, investor or banker, please <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" style=\"\">fill out the form here<\/a><\/span><span style=\"font-weight:400;\"> to signal your interest, letting us know your name, title and where you work.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">CIRCLE YOUR CALENDAR-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Hong Kong International Airport (HKIA), the world\u2019s busiest airport, is set to host <\/span><span style=\"font-weight:700\">the World Cargo Symposium (WCS) in 2024: <\/span><span>The event is scheduled to take place from 12 to 14 March at AsiaWorld-Expo, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.asiacargonews.com\/en\/news\/detail?id=7965\" style=\"\">Asia Cargo News<\/a><\/span><span> reports<\/span><span style=\"font-weight:400;\">. Cathay Cargo is set to serve as the host airline.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/teflasg2f2.com\/\" style=\"\">Global Green Future Fuel (G2F2)<\/a><\/span><span style=\"font-weight:700\"> will<\/span><span style=\"font-weight:700\"> take place at the Meridien Hotel in Dubai <\/span><span style=\"font-weight:700\">from 8-10 May 2023. <\/span><span>T<\/span><span style=\"font-weight:400;\">he event is \u201cone of the largest conferences and exhibitions and business events on ethanol, green hydrogen and biofuels, production, trade and technology.\u201d It aims to bring together a wide range of participants, including policymakers, renewable power generators, investors, and industry representatives. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Check out our full calendar at the bottom of this issue<\/span><span>for a comprehensive listing of upcoming news events and news triggers.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ports\/\">PORTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    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class=\"f-graphik\">MARITIME<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/ad-ports-group-plans-maritime-fleet-expansion-to-the-tune-of-aed-955-mn\/\">\r\n                            AD Ports Group plans maritime fleet expansion to the tune of AED 955 mn                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/ad-ports-group-plans-maritime-fleet-expansion-to-the-tune-of-aed-955-mn\/\" target=\"_blank\">\n                    Open 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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/5.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70456\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/ad-ports-group-plans-maritime-fleet-expansion-to-the-tune-of-aed-955-mn\/5-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/5.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"5.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/5.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/5.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70455\" class=\"content-area-description single-story post-70455 post type-post status-publish format-standard has-post-thumbnail hentry category-maritime tag-ad-ports-group tag-enterprise-logistics tag-logistics tag-maritime tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.c5bc9f32-8924-44b0-b939-446efb5a74dd.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">UAE\u2019s AD Ports plans c. AED 1 bn fleet expansion:<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adports.ae\/\" style=\"\">AD Ports<\/a><\/span><span style=\"\"> plans to <\/span><span style=\"\">purchase five bulk carriers and three crude oil tankers for a total of AED 955 mn, the company said in a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3HqrhHo\" style=\"\">press release<\/a><\/span><span style=\"\">. The purchases will serve its partnerships with Bangladeshi port operator <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saifpowertecltd.com\/about_us.php\" style=\"\">Saif Powertec<\/a><\/span><span style=\"\">and maritime shipping firm<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/kazmortransflot.kz\/about-us\/\" style=\"\">KazMorTransFlot<\/a><\/span><span style=\"font-weight:400;\"> (KMFT). The timeline for the acquisition of the carriers was not disclosed.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The details:<\/span><span style=\"\"> AD Ports Group is planning to <\/span><span style=\"\">buy five bulk carriers<\/span><span style=\"font-weight:400;\"> worth AED 459 mn with the purpose of moving general and dry bulk cargo between Fujairah port in the UAE and Bangladesh as part of a long-term agreement with Saif Powertec. The other purchasing agreement will see it buy three oil tankers worth AED 496 mn, which will go towards the group\u2019s operations with KMFT.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What they said:<\/span><span style=\"\">\u201cT<\/span><span style=\"\">he vessel acquisitions are part of a larger expansion strategy by our group aimed at broadening our portfolio of services and taking our experience and service excellence to the wider bulk shipping and offshore oil markets,\u201d said Mohamed Juma Al Shamisi, the group\u2019s Managing Director and CEO.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Background:<\/span><span style=\"\"> AD Ports had earlier formed a joint venture with KazMunayGas, and the two had discussed a potential purchase of a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/76c7d88a-9c6f-4215-b298-7fd088c9a720\" style=\"\">tanker fleet<\/a><\/span><span style=\"\"> to serve the Caspian Sea to support the exports of Kazakh oil. Their agreement with <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saifpowertecltd.com\/\" style=\"\">Saif Powertec<\/a><\/span><span style=\"\">, which it implemented through its feeder service SAFEEN Feeders, will see the two companies collaborate to facilitate global cargo services for a period of 15 years.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ad-ports-group\/\">AD Ports Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics\/\">logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a 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data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/7.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70457\" class=\"content-area-description single-story post-70457 post type-post status-publish format-standard has-post-thumbnail hentry category-maritime tag-alkahera-company-for-ferries-and-maritime-transport tag-dae-sun tag-egypt tag-enterprise-logistics tag-korea tag-maritime tag-shipping wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.77ac3bf4-fc19-44eb-bae2-0d4fedc64cd7.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">The Egyptian Transport Ministry-affiliated <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"http:\/\/www.kcfmt.com\/\" style=\"\">AlKahera Company for Ferries and<\/a><\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"http:\/\/www.kcfmt.com\/\" style=\"\">Maritime Transport<\/a><\/span><span style=\"font-weight:700\"> (KCFMT) and Korean shipbuilder <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"http:\/\/www.daesunship.co.kr\/english\/\" style=\"\">Dae Sun<\/a><\/span><span style=\"font-weight:700\"> will<\/span><span style=\"font-weight:700\"> build two MPC14K multi-purpose ships<\/span><span style=\"\"> under an agreement signed yesterday, <\/span><span style=\"\">according to a ministry <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/MinistryTransportation\/posts\/pfbid0zhZQnD7Fj8neLCM4uFaC6mQDFJVDSobnmXmtUXCqu3vC5PsAMA9Y6FhTUXfQXptUl\" style=\"\">statement<\/a><\/span><span style=\"\">. The agreement comes as part of Egypt\u2019s plans to build a strong commercial fleet to boost its trade to regional markets and leverage its strategic location on the Red and Mediterranean seas, the statement said, without <\/span><span style=\"font-weight:400;\">disclosing the value of the agreement. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The timeline:<\/span><span style=\"\"> The first ship will be delivered in February 2025, and the second in April 2025, according to the statement.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">About the ships: <\/span><span style=\"font-weight:400;\">The two 15.8k cubic meter ships will hold 14k tons of cargo, and will be able to load 709 containers, 98 of which are refrigerated. The ships will be built to hold cargo ranging from bulk cargo, heavy cargo, and vehicles, wind turbines, and infrastructure components to refrigerated cargo including fruits, vegetables, meat, and seafood, according to the statement. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">More coming?<\/span><span style=\"font-weight:400;\">A plan to build more cargo ships in Egypt in cooperation with Dae Sun and other international firms is also in the works, Egyptian Transport Minister Kamel El Wazir said.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Background: <\/span><span style=\"\">KCFMT<\/span><span style=\"font-weight:400;\"> is owned by the Egyptian Port Authority. The addition of the two multipurpose ships comes as part of a wider plan to expand KCFMT\u2019s fleet to a total of six high tech multi-purpose ships, according to the statement. <\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/alkahera-company-for-ferries-and-maritime-transport\/\">AlKahera Company for Ferries and Maritime Transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dae-sun\/\">Dae Sun<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/korea\/\">Korea<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/maritime\/\">maritime<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping\/\">shipping<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70459\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"70459\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/uae-india-to-build-a-green-corridor-to-fuel-trade-and-uae-talks-boosting-trade-with-morocco\/\">\r\n                            UAE-India to build a green corridor to fuel trade + and UAE talks boosting trade with Morocco                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li 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             <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/uae-india-to-build-a-green-corridor-to-fuel-trade-and-uae-talks-boosting-trade-with-morocco\/&title=UAE-India to build a green corridor to fuel trade + and UAE talks boosting trade with Morocco\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE-India+to+build+a+green+corridor+to+fuel+trade+%2B+and+UAE+talks+boosting+trade+with+Morocco+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F02%2Fuae-india-to-build-a-green-corridor-to-fuel-trade-and-uae-talks-boosting-trade-with-morocco%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/24.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"24.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/24.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/24.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70459\" class=\"content-area-description single-story post-70459 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-enterprise-logistics tag-green-corridor tag-india tag-morocco tag-trade tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.58c0d89a-27d7-4314-9539-177c8c85ff49.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">UAE + India to build a \u201cgreen corridor\u201d for trade: <\/span><span style=\"\">The Reserve Bank of India and the <\/span><span style=\"\">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 <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/commerce.gov.in\/international-trade\/trade-agreements\/comprehensive-economic-partnership-agreement-between-the-government-of-the-republic-of-india-and-the-government-of-the-united-arab-emirates-uae\/\" style=\"\">Comprehensive Economic Partnership Agreement<\/a><\/span><span style=\"\"> (CEPA) signed between the two countries last year, which came into effect yesterday, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gulfnews.com\/business\/uae-indias-planned-green-corridor-will-fuel-smoother-customs-process-higher-trade-flows-under-cepa-1.95446768\" style=\"\">Gulf News<\/a><\/span><span style=\"font-weight:400;\">. The \u201cgreen corridor\u201d would see Indian exports handled digitally in Dubai and Abu Dhabi, before they are \u201cready for some other part of the world,\u201d the news outlet quotes Indian Ambassador to the UAE Sunjay Sudhir as saying. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">A joint committee will be created to address operational and implementation issues for the CEPA<\/span><span style=\"\">, with the f<\/span><span style=\"font-weight:400;\">irst meeting slated to happen within a month, Sudhir said.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The UAE is looking to create new partnerships to strengthen its economic and <\/span><span style=\"font-weight:700\">trade relations with Morocco<\/span><span>,<\/span><span> UAE Economy Minister Abdullah bin Touq Al Marri said during a joint economic committee meeting with Moroccan ministers, Emirati state-owned news agency <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/details\/1395303152104\" style=\"\">Wam<\/a><\/span><span>reports.<\/span><span> Al Marri also met with Moroccan Transport and Logistics Minister Mohamed Abdeljalil to discuss potential investments and cooperation in the fields of maritime, air and land transport, WAM reports. <\/span><span>The joint economic committee also set a goal of doubling the countries\u2019 trade volumes over the next seven years, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/government-news\/his-excellency-mohamed-bin-hadi-al-hussaini-meets-with-the-moroccan-minister-of-economy-and-finance-yt0g3ntn\" style=\"\">statement<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Egypt + Qatar\u2019s finance ministers discuss boosting bilateral trade: <\/span><span style=\"\">Egyptian <\/span><span>Finance Minister Mohamed Maait and his Qatari counterpart, Ali bin Ahmed Al Kuwari, discussed cooperation on tax, customs, and in the financial sector in order to improve conditions for bilateral trade and exports, the ministry said in a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0JmsJMc4xjrWpzknrgKfAfykZgsTbd6ekPJ6kVjfNqEB7az7zrC9ttHYx5xEciv7Ml\" style=\"\">statement<\/a><\/span><span>. The Qatari minister also invited Maait to attend the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.qatareconomicforum.com\/\" style=\"\">Qatar Economic Forum<\/a><\/span><span> in Doha later this month.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/green-corridor\/\">green corridor<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/india\/\">India<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70461\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"70461\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Big Read<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/gcc-countries-climb-up-rankings-in-the-world-banks-lpi-while-low-income-mena-countries-trail-behind\/\">\r\n                            GCC countries climb up rankings in the World Bank\u2019s LPI, while low-income MENA countries trail behind                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/gcc-countries-climb-up-rankings-in-the-world-banks-lpi-while-low-income-mena-countries-trail-behind\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Lower-income MENA countries continued to trail behind in the rankings due to a combination of structural inefficiencies, lower quality of infrastructure and port delays, according to the index. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">How the LPI works:<\/span><span> The ranking is based on a survey of some 652 logistics professionals across 115 countries. They were asked to assess ease of trade with partner countries on a five-point scale \u2014 with five denoting \u201ceasiest\u201d and one denoting \u201chardest.\u201d The scale assesses logistics-related policies and performance, including efficiency of clearances at customs and borders, quality of logistics infrastructure, ease of arranging cost-effective international shipments, quality of logistics services, shipment tracking, and timeliness of shipment delivery<\/span><span style=\"font-weight:400;\">. The ranking groups countries together if they share the same overall LPI score, regardless of their individual scores in each of the categories.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">GCC countries consolidated their positions as leading logistics hubs, <\/span><span>with most countries climbing in the ranking.<\/span><span>The UAE climbed four spots from the previous ranking in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/4\/937.pdf\" style=\"\">2018 (pdf)<\/a><\/span><span> to rank seventh globally, with a score of 4, making it the only country in the MENA region to feature in the world\u2019s top 10 logistics performers. Saudi Arabia rocketed 17 places <\/span><span>to settle at 38th<\/span><span> worldwide, with a score of 3.4. The meteoric rise largely vindicates the National Transport and Logistics Strategy launched two years ago, a Saudi Transport Ministry <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/posts\/ministry-of-transport-saudi-arabia_saudiarabia-worldbank-lpi-activity-7055226471312695297-6I9J?utm_source=share&amp;utm_medium=member_desktop\" style=\"\">statement<\/a><\/span><span> said<\/span><span style=\"font-weight:400;\">. Qatar bumped down four places to tie with Bahrain \u2014 which jumped up 25 places \u2014 at 34th, with both earning a score of 3.5. Bahrain\u2019s improvement in its timeliness score, which came in at 4.1, compared to 3.29 in 2018. Meanwhile, Oman retained its previous ranking at 43rd, though its overall score rose 0.1 points to 3.3. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Israel and Turkey also fared well: <\/span><span style=\"font-weight:400;\">Israel\u2019s ranking went up 11 spots to land at 26th worldwide, with a score of 3.6, placing it as the second-highest scorer in MENA after the UAE. Turkey climbed nine places to tie with Saudi Arabia at 38th, both holding a score of 3.5.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Also doing well: <\/span><span>Kuwait climbed 12 places to settle at 51st, with a score of 3.2, making it the lowest performer in the GCC but still placing it in the world\u2019s top half performers. Egypt also climbed 10 places to settle at 57th worldwide, with a score of 3.1, also placing it in the world\u2019s top half. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Most<\/span><span style=\"font-weight:700\">MENA countries continued to trail at the bottom of the global ranking<\/span><span>, <\/span><span style=\"font-weight:400;\">despite improvements in some of their standings. Algeria jumped 20 spots to settle at 97th globally, with a relatively low score of 2.5. Iraq showed more considerable improvement, rising 32 positions to settle at 115th globally with a score of 2.4 \u2014 the same score given to Sudan, which fell six places. Syria also rose 15 spots to settle at 123rd, with a score of 2.3. Yemen rose eight places from the previous ranking to settle at 132nd, with a score of 2.2. Libya also rose 16 spots but came in at 138th, tying with Afghanistan as the lowest scorers, with a score of 1.9. Though these countries\u2019 rankings improved, the report cautions that some of the improvements are due to the fact that this year\u2019s report only ranks 139 countries compared to 160 in 2018.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Also not doing particularly well: Iran, which plummeted 59 places<\/span><span>, ranking 123rd with a score of 2.3.<\/span><span> Iran\u2019s freefall is likely due to restrictions on trade on the back of US sanctions, which came into place \u2014 again, after a three-year long hiatus \u2014 <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.nytimes.com\/2018\/05\/08\/world\/middleeast\/trump-iran-nuclear-deal.html\" style=\"\">in 2018<\/a><\/span><span>. The US\u2019 sanctions regime not only restricts Iran\u2019s trade with US-based companies but also <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bbc.com\/news\/business-47872318\" style=\"\">punishes<\/a><\/span><span style=\"font-weight:400;\"> foreign companies trying to work with Iran, which effectively isolates it from global supply chains and can account for why survey respondents believe that it is now much more difficult to get goods in and out of the country. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Structural inefficiencies are behind MENA countries\u2019 performance lag:<\/span><span> MENA and sub-saharan Africa are prone to chronic delays at ports of entry<\/span><span>, <\/span><span style=\"font-weight:400;\">according to tracking figures cited in the report. Lebanon, Sudan, Egypt, Syria, Tunisia, and Algeria featured in the list of 14 worst-performers in terms of dwell times at ports, with Tunisia and Algeria bottoming out the list. Sudan, Egypt, and Algeria also featured in the list of 11 worst-performers in terms of airport dwell time, with Algeria again sitting at the tail end of the list. The report notes that the causes of the delays were not consistent between countries and were more case-by-case, with Algeria\u2019s delays attributable to holdups at banks and Tunisia\u2019s due to poor container handling. These delays are indicative of \u201cserious structural issues with logistics performance,\u201d the report says, adding that these shortcomings should be a focal point for policy reforms.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What needs to be done?<\/span><span> \u201c<\/span><span style=\"font-weight:400;\">Improving customs and infrastructure matters most for raising the overall score of bottom performers,\u201d the report says in its policy highlights. \u201cThe performance of customs and border agencies, as well as the quality of trade- and transport-related infrastructure, is particularly weak in the lowest performing countries,\u201d it adds, noting that many of these countries are in the MENA region.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What did the report say about the rest of the world? <\/span><span style=\"font-weight:400;\">LPI scores in 2023 have changed little from the latest index, with only the timeliness component showing a steady \u2014 albeit slight \u2014 deterioration, the report noted. This shows that supply chains have exhibited unexpected resilience in the face of recent logistical challenges, the report concluded. The list of top performers continues to be dominated by high income economies with some shake ups in the cr\u00e8me de la cr\u00e8me; Singapore, Finland, and Denmark outplaced Germany, Netherlands and Sweden which had previously occupied 2018\u2019s top three rankings. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The gap between high-performing + low-performing countries is growing \u2014 which is why reforms are needed: <\/span><span style=\"font-weight:400;\">Although global logistical performance has improved overall, the gap between high-performing and low-performing countries remains substantial in the latest ranking, the report said. Low-performing countries need to implement substantial reforms and investments to improve logistical infrastructure and policies and bridge that gap, the report notes. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Digitization + green logistics are on the rise: <\/span><span>S<\/span><span>upply chain digitization has helped cut back on port delays in emerging countries by 70% in comparison with more developed countries, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/5\/37.pdf\" style=\"\">press release summary<\/a><\/span><span> attached to the report. The summary also notes rising demand for green logistics, with some 75% of shippers actively on the lookout for climate-friendly shipping options, especially when shipping to high-income countries, as more high-income countries <\/span><span style=\"font-weight:400;\">pursue ambitious greenhouse gas emission targets. <\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70463\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"70463\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/gwc-appoints-a-new-executive-director-for-its-energy-division\/\">\r\n                            GWC appoints a new executive director for its energy division                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/gwc-appoints-a-new-executive-director-for-its-energy-division\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Vallur most recently served as Group Business Development Director of Gulf Agency\u2019s (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.gac.com\/\" style=\"\">GAC Group<\/a><\/span><span style=\"\">) <\/span><span style=\"font-weight:400;\">energy projects division, and previously held several different roles at the logistics and marine services firm over a seven-year period. He has over two decades of experience in the energy sector. <\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/gwc-group\/\">GWC Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70465\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"70465\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/egypts-pyramids-tires-breaks-ground-on-facility-for-cargo-passenger-vehicle-tires-plus-bahrain-joins-gcc-payment-system-tunisian-e-commerce-startup-raises-funds\/\">\r\n                            Egypt\u2019s Pyramids Tires breaks ground on facility for cargo, passenger vehicle tires. PLUS: Bahrain joins GCC payment system + Tunisian e-commerce startup raises funds                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/egypts-pyramids-tires-breaks-ground-on-facility-for-cargo-passenger-vehicle-tires-plus-bahrain-joins-gcc-payment-system-tunisian-e-commerce-startup-raises-funds\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/egypts-pyramids-tires-breaks-ground-on-facility-for-cargo-passenger-vehicle-tires-plus-bahrain-joins-gcc-payment-system-tunisian-e-commerce-startup-raises-funds\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/egypts-pyramids-tires-breaks-ground-on-facility-for-cargo-passenger-vehicle-tires-plus-bahrain-joins-gcc-payment-system-tunisian-e-commerce-startup-raises-funds\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s Pyramids Tires breaks ground on facility for cargo, passenger vehicle tires. PLUS: Bahrain joins GCC payment system + Tunisian e-commerce startup raises funds&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/egypts-pyramids-tires-breaks-ground-on-facility-for-cargo-passenger-vehicle-tires-plus-bahrain-joins-gcc-payment-system-tunisian-e-commerce-startup-raises-funds\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/egypts-pyramids-tires-breaks-ground-on-facility-for-cargo-passenger-vehicle-tires-plus-bahrain-joins-gcc-payment-system-tunisian-e-commerce-startup-raises-funds\/&title=Egypt\u2019s Pyramids Tires breaks ground on facility for cargo, passenger vehicle tires. PLUS: Bahrain joins GCC payment system + Tunisian e-commerce startup raises funds\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+Pyramids+Tires+breaks+ground+on+facility+for+cargo%2C+passenger+vehicle+tires.+PLUS%3A+Bahrain+joins+GCC+payment+system+%2B+Tunisian+e-commerce+startup+raises+funds+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F02%2Fegypts-pyramids-tires-breaks-ground-on-facility-for-cargo-passenger-vehicle-tires-plus-bahrain-joins-gcc-payment-system-tunisian-e-commerce-startup-raises-funds%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/egypts-pyramids-tires-breaks-ground-on-facility-for-cargo-passenger-vehicle-tires-plus-bahrain-joins-gcc-payment-system-tunisian-e-commerce-startup-raises-funds\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/62.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70466\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/egypts-pyramids-tires-breaks-ground-on-facility-for-cargo-passenger-vehicle-tires-plus-bahrain-joins-gcc-payment-system-tunisian-e-commerce-startup-raises-funds\/62-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/62.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"62.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/62.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/62.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70465\" class=\"content-area-description single-story post-70465 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-bahrain tag-banking tag-e-commerce tag-enterprise-logistics tag-manufacturing tag-tunisia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.f41e9ff4-fbaa-4333-84ed-7050576304fe.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MANUFACTURING-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Egypt\u2019s Pyramids Tires break ground on tire manufacturing hub in Saudi: <\/span><span>Egyptian tire <\/span><span>manufacturing<\/span><span> company <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/pyramids-tires.com\/\" style=\"\">Pyramids Tires<\/a><\/span><span> has begun construction work on a cargo and passenger vehicle tire manufacturing hub in Saudi Arabia, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/42eFajQ\" style=\"\">Al Mal<\/a><\/span><span style=\"font-weight:400;\"> quotes the company\u2019s Chairman Ibrahim Gouda as saying. The hub \u2014 which is expected to begin operations in early 2025 \u2014 will produce 300k tires per month, with plans to eventually produce 5.5 mn tires annually by 2026, Gouda said. Markets earmarked for export include Egypt, Europe and Africa, he added.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">BANKING-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Bahrain\u2019s Shura Council approves Bahrain\u2019s access to GCC unified payments system: <\/span><span>Legislation approving Bahrain\u2019s access to a payment system linking GCC countries just got the greenlight from the country\u2019s Shura Council, after MPs gave it their thumbs up last month, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/world\/middle-east\/green-light-for-bahrain-to-join-gcc-unified-payments-system-w7sdrh3f\" style=\"\">Gulf Daily News<\/a><\/span><span> reports. The unified system establishes a regional infrastructure for real-time cross-border payments carried out in GCC countries\u2019 local currencies, as well as financial settlement processes between central banks within the region. The draft law is now awaiting ratification by King Hamad bin Isa Al Khalifa. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">STARTUP WATCH-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Tunisian e-commerce startup <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"http:\/\/drest.tn\" style=\"\">Drest.tn<\/a><\/span><span style=\"font-weight:700\"> closed USD 336k in fundraising from <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/216capital.vc\/\" style=\"\">216 Capital<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/216capital.vc\/\" style=\"\">Ventures<\/a><\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wamda.com\/2023\/04\/tunisia-dresttn-raises-336000-216-capital-ventures\" style=\"\">Wamda<\/a><\/span><span style=\"font-weight:400;\"> reports. The round will allow the lifestyle e-commerce startup to grow and expand into the African market. \u201cWe plan to invest in technological tools, recruit experts in each field, and invest in marketing to become the top of mind brand for the general public,\u201d Omane and Malek Mzabi, the company\u2019s founders, said. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">About Drest.tn: <\/span><span style=\"font-weight:400;\">The website, which launched in June 2020, offers lifestyle products, including ready-to-wear clothing, shoes, beauty products, as well as accessories for women, men, and children. <\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/e-commerce\/\">e-commerce<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/manufacturing\/\">manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/tunisia\/\">Tunisia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70467\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"70467\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/vietnam-takes-first-step-towards-becoming-an-lng-importer-while-china-becomes-top-importer-of-australian-coal-plus-iata-air-cargo-innovation-awards-news-from-evergreen\/\">\r\n                            Vietnam takes first step towards becoming an LNG importer, while China becomes top importer of Australian coal. PLUS: IATA Air Cargo Innovation Awards + news from Evergreen                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/vietnam-takes-first-step-towards-becoming-an-lng-importer-while-china-becomes-top-importer-of-australian-coal-plus-iata-air-cargo-innovation-awards-news-from-evergreen\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/vietnam-takes-first-step-towards-becoming-an-lng-importer-while-china-becomes-top-importer-of-australian-coal-plus-iata-air-cargo-innovation-awards-news-from-evergreen\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/vietnam-takes-first-step-towards-becoming-an-lng-importer-while-china-becomes-top-importer-of-australian-coal-plus-iata-air-cargo-innovation-awards-news-from-evergreen\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Vietnam takes first step towards becoming an LNG importer, while China becomes top importer of Australian coal. PLUS: IATA Air Cargo Innovation Awards + news from Evergreen&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/vietnam-takes-first-step-towards-becoming-an-lng-importer-while-china-becomes-top-importer-of-australian-coal-plus-iata-air-cargo-innovation-awards-news-from-evergreen\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/vietnam-takes-first-step-towards-becoming-an-lng-importer-while-china-becomes-top-importer-of-australian-coal-plus-iata-air-cargo-innovation-awards-news-from-evergreen\/&title=Vietnam takes first step towards becoming an LNG importer, while China becomes top importer of Australian coal. PLUS: IATA Air Cargo Innovation Awards + news from Evergreen\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Vietnam+takes+first+step+towards+becoming+an+LNG+importer%2C+while+China+becomes+top+importer+of+Australian+coal.+PLUS%3A+IATA+Air+Cargo+Innovation+Awards+%2B+news+from+Evergreen+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F02%2Fvietnam-takes-first-step-towards-becoming-an-lng-importer-while-china-becomes-top-importer-of-australian-coal-plus-iata-air-cargo-innovation-awards-news-from-evergreen%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/vietnam-takes-first-step-towards-becoming-an-lng-importer-while-china-becomes-top-importer-of-australian-coal-plus-iata-air-cargo-innovation-awards-news-from-evergreen\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/58.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70468\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/vietnam-takes-first-step-towards-becoming-an-lng-importer-while-china-becomes-top-importer-of-australian-coal-plus-iata-air-cargo-innovation-awards-news-from-evergreen\/58-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/58.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"58.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/58.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/58.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70467\" class=\"content-area-description single-story post-70467 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-cargo tag-coal tag-enterprise-logistics tag-evergreen tag-lng tag-vietnam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.a7982c4c-a574-4817-86b0-aa9978d149d2.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span> <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.pvn.vn\/Pages\/default.aspx\" style=\"\">PetroVietnam<\/a><\/span><span style=\"font-weight:700\"> Gas has launched a tender to purchase Vietnam's first cargo of <\/span><span style=\"font-weight:700\">liquefied natural gas<\/span><span> (LNG)<\/span><span>, as the country looks to become a key LNG importer, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/business\/energy\/vietnam-seeks-first-lng-cargo-commission-import-terminal-sources-2023-04-28\/\" style=\"\">Reuters<\/a><\/span><span> reports, citing sources with knowledge of the matter. <\/span><span style=\"font-weight:400;\">The country currently generates the majority of its electricity from coal, but is aiming to increase its installed LNG-fired power generation capacity to 24.5 GW by 2030. The 50-70k ton cargo \u2014- which is a test batch to test-run the Thi Vai LNG Terminal \u2014- will be delivered on an ex-ship (DES) basis, for delivery between 1 June and 31 July, while the tender is set to close on 11 May, the sources reportedly said.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">LATAM Cargo + Swiss Airtainer awarded 2023 IATA Air Cargo Innovation <\/span><span style=\"font-weight:700\">Awards:<\/span><span> LATAM Cargo was awarded the Corporate Innovation Award for its plastic reduction initiatives in its cargo operations in Chile and Brazil, while Swiss Airtainer (SAT) received an award for its development of a temperature-controlled container used for transporting pharma products at the 16th World Cargo Symposium in Istanbul. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/pressroom\/2023-releases\/2023-04-27-02\/\" style=\"\">IATA statement<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">China has become the top importer of lower-grade Australian thermal coal, <\/span><span style=\"font-weight:700\">surpassing India:<\/span><span> China imported 4.44 mn tons of lower-grade Australian thermal coal in April, more than double the amount imported in March and the highest since China <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/eeb39147-be55-46c4-88d3-72a676941598\" style=\"\">lifted its unofficial ban<\/a><\/span><span> on Australian coal earlier this year. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/markets\/commodities\/china-takes-australian-thermal-coal-that-used-head-india-russell-2023-04-27\/#:~:text=Column%3A%20China%20takes%20Australian%20thermal%20coal%20that%20used%20to%20head%20to%20India,-By%20Clyde%20Russell&text=LAUNCESTON%2C%20Australia%2C%20April%2027%20(,driven%20by%20temporary%20price%20factors.\" style=\"\">Reuters<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">ALSO WORTH KNOWING-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Evergreen plans to spend bns on methanol dual-fuel container ships: <\/span><span style=\"\">The company issued<\/span><span> a tender for 24 16K TEU ships at a potential cost of USD 180 mn per unit, and plans to order a large series of 3k TEU vessels. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/5\/35.pdf\" style=\"\">Maersk Broker 22-28 April Container Market Weekly Report<\/a><\/span><span style=\"font-weight:400;\">) <\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/cargo\/\">CARGO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/coal\/\">coal<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/evergreen\/\">evergreen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/lng\/\">LNG<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/vietnam\/\">Vietnam<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70469\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"70469\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Your Way Out<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/etihad-rail-images-show-900km-railway-against-backdrop-of-fujairah-mountains\/\">\r\n                            Etihad Rail images show 900km railway against backdrop of Fujairah mountains                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/etihad-rail-images-show-900km-railway-against-backdrop-of-fujairah-mountains\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/etihad-rail-images-show-900km-railway-against-backdrop-of-fujairah-mountains\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/etihad-rail-images-show-900km-railway-against-backdrop-of-fujairah-mountains\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Etihad Rail images show 900km railway against backdrop of Fujairah mountains&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/etihad-rail-images-show-900km-railway-against-backdrop-of-fujairah-mountains\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/etihad-rail-images-show-900km-railway-against-backdrop-of-fujairah-mountains\/&title=Etihad Rail images show 900km railway against backdrop of Fujairah mountains\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Etihad+Rail+images+show+900km+railway+against+backdrop+of+Fujairah+mountains+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F02%2Fetihad-rail-images-show-900km-railway-against-backdrop-of-fujairah-mountains%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/etihad-rail-images-show-900km-railway-against-backdrop-of-fujairah-mountains\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70469\" class=\"content-area-description single-story post-70469 post type-post status-publish format-standard hentry category-on-your-way-out tag-cargo tag-enterprise-logistics tag-etihad-rail tag-on-your-way-out tag-railway tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.87d6f859-ed6d-47d6-90b9-a00c85792e8c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Etihad rail <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.linkedin.com\/posts\/etihad-rail_photooftheweek-aedaewaezaeraepaesaelaebaeqaewaeh-activity-7056660936211767297-G-xX?utm_source=share&utm_medium=member_desktop\" style=\"\">posted<\/a><\/span><span style=\"font-weight:700\"> last week new images of the UAE\u2019s USD 3 bn railway project:<\/span><span>The image shows a section of the railway cutting through the Fujairah mountains to connect to Fujairah Port. The 900km railway <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.etihadrail.ae\/\" style=\"\">was completed<\/a><\/span><span> in March and links four major ports and seven logistics hubs across the country, while the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/dff431d4-20a9-4bb8-9330-6abef346b109\" style=\"\">freight service has been operational<\/a><\/span><span> since the start of the month. The railway covers 593 bridges and crossings and six tunnels. Thirty-eight locomotives operate along the network, carrying 60 mn tonnes of goods per annum. <\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/cargo\/\">CARGO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/etihad-rail\/\">Etihad Rail<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/railway\/\">railway<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70471\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/02\/70471\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70471\" class=\"content-area-description single-story post-70471 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> Calendar<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">May: The Suez Canal Economic Zone (SCZone) plans to hand over a new 1k-meter container berth to the East Port Said Port.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>May: The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f534b97d-e913-458e-bfd0-7af5813d916a\" style=\"\">Arab<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f534b97d-e913-458e-bfd0-7af5813d916a\" style=\"\">Academy for Science, Technology and Maritime Transport (AAST)<\/a><\/span><span style=\"font-weight:400;\"> will roll out its first locally-made electric cargo transport vehicle.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-4 May (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.selectusasummit.us\/\" style=\"\">Select USA Investment Summit<\/a><\/span><span style=\"font-weight:400;\">, National Harbor, Maryland, USA.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">4 May (Thursday): Deadline to submit proposals for the design, construction, finance, operation, and maintenance of the Salalah-Thamrait trucking road in Oman.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-10 May (Monday-Wednesday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/teflasg2f2.com\/participation.html\" style=\"\">Global Green Future Fuel (G2F2)<\/a><\/span><span style=\"font-weight:400;\"> Meridien Hotel, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-11 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theairportshow.com\/en-gb\/visit\/why-attend.html\" style=\"\">Airport Show<\/a><\/span><span style=\"font-weight:400;\">, Sheikh Saeed Halls 1-2, DWTC, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>9-12 May (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/transportlogistic.de\/en\/visitors\/planning-your-visit\/tickets\/?_gl=1*b4orj0*_ga*MTkwNzE4NTk0OC4xNjc3MDc3Njc1*_ga_4XZZZZG19V*MTY3ODg5NTM3OC4xLjEuMTY3ODg5NTM5OS4wLjAuMA..\" style=\"\">Transport Logistic<\/a><\/span><span style=\"font-weight:400;\">, Trade Fair Center Messe M\u00fcnchen, Munich, Germany.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-12 May (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/africanaviationsummit.com\/\" style=\"\">The African Aviation Summit: Air Finance Africa Conference & Exhibition<\/a><\/span><span style=\"\">, <\/span><span style=\"font-weight:400;\">Sandton Convention Centre, Johannesburg, South Africa.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 May (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/index.html\" style=\"\">Exports + FDI Forum<\/a><\/span><span style=\"font-weight:400;\">, Four Seasons Hotel Cairo at Nile Plaza, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-16 May (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/template\/live\/go\/10675\/0?&pk_campaign=listing&pk_kwd=AF&pk_source=terrapinn&pk_medium=link\" style=\"\">Middle East Rail<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi National Exhibition Centre, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-16 May (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/mobility-live-me\/\" style=\"\">Mobility Live Middle East<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi National Exhibition Centre, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-16 May (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/roads-traffic\/index.stm\" style=\"\">The Road and Traffic Expo<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi National Exhibition Centre, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-17 May (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/conference.globalfleet.com\/\" style=\"\">Global Fleet Conference<\/a><\/span><span>, Cascais, Portugal<\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">15-19 May (Monday-Tuesday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.uaemaritimeweek.com\/en\/home.html\" style=\"\">The UAE Maritime Week<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">16-17 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/caaid.net\/\" style=\"\">Africa Forum of Investment and Commerce<\/a><\/span><span style=\"font-weight:400;\">, Sheraton Hotel, Algiers, Algeria.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.seatrademaritime-middleeast.com\/en\/home.html\" style=\"\">Seatrade Maritime Logistics Middle East<\/a><\/span><span>, Dubai, UAE.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.transportevents.com\/ForthcomingEventsdetails.aspx?EventID=EVE193\" style=\"\">Baltic and Black Sea Ports & Shipping<\/a><\/span><span style=\"font-weight:400;\">, Radisson Hotel & Suites, Gdansk, Poland. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.seatrademaritime-middleeast.com\/en\/home.html\" style=\"\">Seatrade Maritime Logistics Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-18 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/ighc\/\" style=\"\">IATA Ground Handling Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi National Exhibition Center, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">18 May (Thursday): UN-Turkey-Russia Black Sea grain agreement extension expires.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24 May (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/2023.fleetandmobilitysummit.com\/\" style=\"\">Fleet and Mobility Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>29-31 May (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ltlexpo.ly\/en\/#\" style=\"\">Translogistica Libya 2023<\/a><\/span><span style=\"font-weight:400;\">, Misurata, Libya.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">June: Suez Canal Economic Zone holds a roadshow in Delhi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6-7 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/portscustomsweek.com\/\" style=\"\">Ports and Customs Week<\/a><\/span><span style=\"font-weight:400;\">, Cape Town, South Africa.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-15 June (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudipp.com\/\" style=\"\">Saudi Plastics & Petrochem<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, KSA.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-16 June (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mt-its2023.eurecom.fr\/\" style=\"\">International Conference on Models and Technologies for Intelligent Transportation Systems<\/a><\/span><span style=\"font-weight:400;\">, Nice, France. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-23 June (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/trb.secure-platform.com\/a\/page\/marinetransport\" style=\"\">Conference on the Marine Transportation System Innovative Science and Technologies Toward Greater Sustainability<\/a><\/span><span style=\"font-weight:400;\">, Washington, DC, US.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JULY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1 July (Saturday): A new greenfield liquid bulk terminal in Khalifa Port Abu Dhabi will kick off operations.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-17 July (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/events-and-conferences\/levitate-conference-the-premier-event-for-the-drone-industry-announced-kvkgrtuc\" style=\"\">The Levitate Conference and Exhibition<\/a><\/span><span style=\"font-weight:400;\">, St. Regis Amman Hotel.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-25 July (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.neventum.com\/tradeshows\/icsg-istanbul\" style=\"\">ICSG Istanbul<\/a><\/span><span style=\"font-weight:400;\">, Istanbul Lutfi Kirdar Convention & Exhibition Centre, Istanbul. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-22 September (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/transportevolution.com\/\" style=\"\">Transport Evolution Africa Forum and Expo<\/a><\/span><span style=\"font-weight:400;\">, Inkosi Albert Luthuli ICC Complex (Durban ICC), South Africa.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-5 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/smartermobility-africa.com\/sma-summit\/\" style=\"\">Smarter Mobility Africa Summit<\/a><\/span><span style=\"font-weight:400;\">, South Africa.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1 November (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/smartmaritimenetwork.com\/dubai-conference-2022\/\" style=\"\">Smart Maritime Network Dubai Conference<\/a><\/span><span style=\"font-weight:400;\">, Conrad Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-15 November (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/sclsaudi.com\/\" style=\"\">Supply Chain & Logistics Arabia<\/a><\/span><span style=\"font-weight:400;\">, Narcissus, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 November (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.itp.events\/LeadersinLogisticsSummit?lang=en#\/?lang=en\" style=\"\">Leaders in Logistics UAE Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21-23 November (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/informaconnect.com\/intermobility-expo\/\" style=\"\">Intermobility Expo 2023<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">EVENTS WITH NO SET DATE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2H2023:<\/span><span style=\"font-weight:400;\">Construction of Neom\u2019s first hydrogen fueling station will kick off.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2H2023: Expansion of Baghdad International Airport to begin.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-13 February (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/middleeast.breakbulk.com\/home\" style=\"\">Breakbulk Middle East conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai Trade Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-15 February (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.africanairexpo.com\/\" style=\"\">African Air Expo<\/a><\/span><span style=\"font-weight:400;\">, Cape Town. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28 February-1 March (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.menatransport.org\/website\/3387\/\" style=\"\">MENA Transport Congress and Exhibition 2024<\/a><\/span><span style=\"font-weight:400;\">, Dubai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">12-14 March (Tuesday- Thursday): IATA World Cargo Symposium, Hong Kong International Airport<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2025<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Iraq will complete <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/projects\/construction\/iraq-to-finish-phase-1-of-faw-grand-port-in-2025-r1g2m8qk\" style=\"\">phase one<\/a><\/span><span style=\"font-weight:400;\"> of the construction of the Grand Faw Port.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>DHL and Aramco\u2019s logistics and procurement hub in Saudi Arabia will commence operations.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":70451,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-70450","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"708b1d27-bbba-459d-86d3-2503d8018ebf","teaser":"","photo_url":"https:\/\/ent.news\/2023\/2\/164.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How GCC + MENA countries fared in World Bank\u2019s logistics performance index - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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