{"id":70536,"date":"2023-05-04T01:15:00","date_gmt":"2023-05-04T01:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=70536"},"modified":"2025-12-15T12:31:27","modified_gmt":"2025-12-15T12:31:27","slug":"its-pmi-week-in-the-region-maritime-and-shipping-are-in-the-spotlight","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/its-pmi-week-in-the-region-maritime-and-shipping-are-in-the-spotlight\/","title":{"rendered":"It\u2019s PMI week in the region + Maritime and shipping are in the spotlight"},"content":{"rendered":"<section id=\"70538\" 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=\"70538\">\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\/04\/today-pmis-are-out-for-the-region-and-its-mostly-good-news-shipping-and-maritime-are-in-the-spotlight\/\">\r\n                            TODAY: PMIs are out for the region and it\u2019s (mostly) good news + Shipping and maritime are in the spotlight                        <\/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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href=\"https:\/\/api.whatsapp.com\/send?text=TODAY%3A+PMIs+are+out+for+the+region+and+it%E2%80%99s+%28mostly%29+good+news+%2B+Shipping+and+maritime+are+in+the+spotlight+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F04%2Ftoday-pmis-are-out-for-the-region-and-its-mostly-good-news-shipping-and-maritime-are-in-the-spotlight%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\/04\/today-pmis-are-out-for-the-region-and-its-mostly-good-news-shipping-and-maritime-are-in-the-spotlight\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/753.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70539\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/today-pmis-are-out-for-the-region-and-its-mostly-good-news-shipping-and-maritime-are-in-the-spotlight\/753-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/753.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"753.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/753.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/753.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70538\" class=\"content-area-description single-story post-70538 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-enterprise-logistics tag-jordan tag-maersk tag-opec tag-ports tag-qatar tag-shipping 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\/.4eb4cc78-f912-4f59-ad6f-78002426c133.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, wonderful people.<\/span><span style=\"\"> It\u2019s a busy day for logistics in our neck of the<\/span><span style=\"font-weight:400;\"> woods and elsewhere, providing plenty of news to get the day started with. <\/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- <\/span><span style=\"\">Purchasing manager indices (PMI) tracking non-oil private<\/span><span style=\"font-weight:400;\"> sector activity in the UAE, KSA, Qatar, and Egypt told a mixed tale but with all-round hopeful notes. The UAE, KSA, and Qatar saw better performance on the back of higher domestic demand and lower inflationary pressures. Meanwhile, Egypt remained in contraction \u2014 albeit at a slower rate \u2014 and there were signs that rampant inflation had finally bottomed out.<\/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;\">^^ We have the full rundown in this morning\u2019s news well, below.<\/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\/214.jpg?ssl=1\"><\/a><\/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 Enterprise Exports &amp; FDI Forum, our latest industry-specific conference, is taking <\/span><span style=\"font-weight:700\">place on Monday, 15 May.<\/span><span> The Enterprise Exports &amp; 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><span style=\"font-weight:700\">The event will take place at<\/span><span style=\"font-weight:700\">the Four Seasons, Nile Plaza. <\/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 &amp; 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\">ON THE AGENDA- We have seven panels where we discuss the steps these leaders and companies are taking to pull in FDI and to make their business export-driven.<\/span><span> There will be several \u201clessons-learned\u201d panels that include an Egyptian product focused one that looks at white goods, consumer electronics, fertilizers and garments. Another intends to extend the steps taken to create an export and FDI strategy through listening to the advice of other c-suite executives who have successfully made their business move in that direction. More panels include how to identify and pull in the right foreign partner, how to become part of a multinational\u2019s supply chain, how industrial clusters can offer a way for SMEs to be part of our export economy and what industries of tomorrow we can leapfrog into. <\/span><span style=\"font-weight:700\">You can check out the full agenda <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/index.html#agenda\" style=\"\">here<\/a><\/span><span style=\"font-weight:700;\">. <\/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:<\/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 style=\"font-weight:400;\">Beyti | Concrete | Global Corp | Grant Thornton | Hassan Allam Utilities | 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:700;\"><\/span><\/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=\"\"> <\/span><span style=\"font-weight:700\">DATA POINT #1- Qatar\u2019s total private sector exports grew 17.5% y-o-y in 1Q 2023 to reach<\/span><span style=\"font-weight:700\">QAR 9.08 bn<\/span><span>, <\/span><span>according to a Qatar Chamber of Commerce <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.qatarchamber.com\/pser-1st-quarter-2023\/\" style=\"\">report.<\/a><\/span><span style=\"font-weight:400;\"> The growth was driven primarily by exports of essential and industrial oils, which soared 222.6% y-o-y to QAR 5.6 bn. Asia, excluding the GCC, was Qatar\u2019s biggest export market overall, representing a 68.15% share. On a country level, the lion\u2019s share of exports were earmarked for China (34.1%) and India (26.8%). The GCC was the second largest export bloc, representing 16.8% of Qatar\u2019s total private sector exports for the quarter.<\/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- The number of e-commerce licenses issued in Qatar in 1Q 2023 grew<\/span><span style=\"font-weight:700\"> 25% y-o-y<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/41109Wy\" style=\"\">Al Sharq<\/a><\/span><span style=\"font-weight:400;\"> reports, citing a source it says has knowledge of the matter. Rising commercial real estate prices and costs of outfitting shops were cited as reasons for the surge, with more growth expected by the end of this year. New license issuances were concentrated primarily in the food, apparel, cosmetics, and marketing industries, Al Sharq\u2019s source said, adding that women entrepreneurs are also applying for e-commerce licenses in record numbers.<\/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 #3- Jordan\u2019s Aqaba Port saw 14% y-o-y growth in vessel arrival numbers in 1Q 2023<\/span><span style=\"\">,<\/span><span>according to a Aqaba Economic Zone <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/aseza.aqabazone\/posts\/pfbid02sqbegAseqJS1MVuVctUJPQWzHM8bUqmgejFPeCGmRCAe6XNisnBSYKKJQ4fyL9qTl\" style=\"\">statement<\/a><\/span><span style=\"font-weight:400;\">. The number of containers also grew 15% y-o-y during the first quarter of the year.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt1\"><\/a>  <\/span><span style=\"font-weight:700\">PSA #1- Some of Maersk\u2019s shipping services are getting more expensive: <\/span><span style=\"\">Maersk Line will<\/span><span style=\"\"> increase the rates of its <\/span><span>shipping services from Pakistan, the Middle East, and the Indian subcontinent to the US and Canada, effective 1 June, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.maersk.com\/news\/articles\/2023\/05\/02\/rate-announcement-wca-uae\" style=\"\">company statement<\/a><\/span><span style=\"font-weight:400;\">. The increase applies to various commodities and container types: 20DC containers will be charged USD 500, while the rate for 40DC, 40High, and 45HDry containers will be USD 600.<\/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 #2- Yemen\u2019s PIL is up and running again at Hodeidah Port: <\/span><span style=\"\">Yemeni<\/span><span style=\"\">shipping company<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.pilship.com\/\" style=\"\">Pacific International Lines<\/a><\/span><span> (PIL) resumed yesterday operations through the port of Hodeidah via the port of Djibouti, a Transport Ministry <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mot.gov.ye\/shipping-lines-resume-their-activities-through-the-port-of-hodeidah\/?lang=en\" style=\"\">statement<\/a><\/span><span style=\"font-weight:400;\"> says.<\/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\">PSA #3- Dubai wants to make local sea container charges more transparent: <\/span><span style=\"\">The Dubai<\/span><span> Maritime Authority (DMA) has issued a new directive requiring all service providers to declare their container charges to the DMA through a secure trade single window portal, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2023\/May\/01-05\/Dubai-Maritime-Authority\" style=\"\">statement<\/a><\/span><span style=\"font-weight:400;\">. The directive, which came into effect at the beginning of May, aims to allow the DMA \u201cto analyze data submitted by service providers and determine whether they reflect commercial best practices and fair competition,\u201d according to the statement. The directive applies to all providers of local sea container services within, outside, or through any port in the emirate. All current service providers must submit a list of their existing local sea container charges to the DMA within 30 days from the effective start date of the directive, while new service providers must submit within 30 days of being licensed.<\/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;\"><\/span><\/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\">Turkey, Russia, and Ukraine\u2019s deputy defense ministers are set to discuss the Ukraine grain agreement tomorrow<\/span><span style=\"\">,<\/span><span style=\"\">as<\/span><span style=\"\"> Russia\u2019s <\/span><span>deadline to withdraw from the Black Sea crop export corridor approaches, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-05-03\/ukraine-grain-deal-talks-set-as-russia-threatens-to-exit-pact?srnd=economics-trade&amp;leadSource=uverify%20wall\" style=\"\">Bloomberg<\/a><\/span><span style=\"font-weight:400;\"> reports. Russia is also scheduled to hold talks with UN representatives on the same day. Russia has threatened to opt out of the pact if its demands to increase its own food and fertilizer exports are not met. The warning has not had much of an impact on benchmark grain futures due to excess supplies and good harvest predictions for next season.<\/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\">MARKET WATCH- OPEC\u2019s oil output declined in April: <\/span><span style=\"\">The temporary suspension of Iraqi<\/span><span> exports and the delays in Nigerian shipments contributed to a drop in OPEC's oil production last month, a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/business\/energy\/opec-oil-output-falls-iraq-nigeria-outages-reuters-survey-finds-2023-05-02\/\" style=\"\">Reuters<\/a><\/span><span> survey found. This further added to the impact of major producers sticking to the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/03f954b3-c848-4b46-8a13-efe830d907a4\" style=\"\">OPEC+ supply cut agreement<\/a><\/span><span style=\"font-weight:400;\">. OPEC pumped 28.62 mn barrels per day (bbl \/ d) last month, down 190k bbl \/ d from March. Output is down over 1 mn bbl \/ d from last September.<\/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;\"><\/span><\/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;\">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\">The <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.wtm.com\/atm\/en-gb\/lp\/register-now.html?utm_source=google&amp;utm_medium=cpc&amp;utm_campaign=atm23_visprom_bof&amp;gclid=Cj0KCQjw6cKiBhD5ARIsAKXUdybcJ-KogZXo4WoC97yU2g11CabyqjBg1UicPz6xZ5dZJgqqdoXVH8oaAqQkEALw_wcB\" style=\"\">Arabian Travel Market 2023<\/a><\/span><span style=\"font-weight:700\"> (ATM) is on its last day today at the Dubai World Trade<\/span><span style=\"font-weight:700\"> Centre in Dubai, UAE. <\/span><span>The<\/span><span style=\"font-weight:400;\">conference is gathering attendants from more than 100 countries from the travel trade to attend 63 sessions across the global stage, travel tech stage, and a sustainability hub to explore travel trends, opportunities, new destinations and sustainable growth.<\/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 <\/span><span>at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/span><\/p>\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\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/maersk\/\">Maersk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/opec\/\">OPEC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n    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256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70541\" 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=\"70541\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Purchasing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/non-oil-private-sector-activity-continues-its-boom-in-ksa-uae-qatar-while-contraction-softens-in-egypt\/\">\r\n                            Non-oil private sector activity continues its boom in KSA + UAE + Qatar, while contraction softens in Egypt                        <\/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\/04\/non-oil-private-sector-activity-continues-its-boom-in-ksa-uae-qatar-while-contraction-softens-in-egypt\/\" target=\"_blank\">\n                    Open in new tab        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   <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/non-oil-private-sector-activity-continues-its-boom-in-ksa-uae-qatar-while-contraction-softens-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/223.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70542\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/non-oil-private-sector-activity-continues-its-boom-in-ksa-uae-qatar-while-contraction-softens-in-egypt\/223-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/223.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"223.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/223.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/223.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70541\" class=\"content-area-description single-story post-70541 post type-post status-publish format-standard has-post-thumbnail hentry category-purchasing tag-egypt tag-enterprise-logistics tag-pmi tag-purchasing tag-qatar tag-saudi-arabia 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\/.6b831537-fc88-4c58-a142-ce71c92df7db.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\">Domestic demand boosts non-oil sectors in UAE + KSA + Qatar, while<\/span><span style=\"font-weight:700\"> Egypt\u2019s contraction eases on the back of lower inflationary pressures: <\/span><span style=\"font-weight:400;\">Purchasing Manager Indices (PMI) tracking non-oil private sectors in UAE, KSA, Qatar, and Egypt told a mixed tale but with all-round hopeful notes. The UAE, KSA, and Qatar saw better performance on the back of higher domestic demand and lower inflationary pressures. Meanwhile, Egypt remained in contraction \u2014 albeit at a slower rate \u2014 and there were signs that soaring inflation is bottoming out.<\/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\">Non-oil private sector activity in the UAE soared, backed by the fastest growth in new orders since November 2021<\/span><span style=\"\">, according to S&P Global\u2019s UAE <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/5\/239.pdf\" style=\"\">PMI (pdf)<\/a><\/span><span style=\"\">.<\/span><span style=\"font-weight:400;\"> PMI readings for April came in at 56.6, up from 55.9 in March, putting the index just a notch below its 56.7 post-pandemic peak in August last year. New orders hit their highest levels since November 2021. <\/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\">Remember:<\/span><span style=\"font-weight:400;\"> The all-important 50.0 mark is the threshold separating contraction from growth. Anything above 50 denotes expansion and anything below indicates contraction. <\/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 bulk of the new demand in the UAE came from the local market as inflationary pressures cooled<\/span><span style=\"font-weight:400;\">, while foreign sales numbers remained steady since the close of 1Q 2023, the report said. Firms responded to the new demand by raising output, stockpiling inventories, and going on a hiring spree, which were just a notch below the seven-year-record observed in March. New hires helped put a dent in backlogs but raised staffing costs. Companies\u2019 general outlook was the highest in seven months as respondents were hopeful that demand will keep rising. Better economic conditions, a boom in new constructions, and higher budgets for marketing were also cited as grounds for a cheery one-year forecast. <\/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\">KSA told a similar story as local demand boosted the non-oil private sector<\/span><span style=\"\">, according to the Riyad Bank <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/5\/240.pdf\" style=\"\">Saudi Arabia PMI (pdf)<\/a><\/span><span style=\"font-weight:400;\">. PMI figures in April leaped from the 58.7 seen in March to 59.6, just shy of February\u2019s eight-year peak of 59.8. New orders increased at their fastest rate since September 2014, fed by hikes in domestic demand, which more than made up for a slight fall in export orders. <\/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\">Managers surveyed in KSA pointed to several factors boosting new orders:<\/span><span style=\"font-weight:400;\"> Rising tourism, more lavish consumer spending, and new infrastructure projects topped the list of factors driving increased demand. Export sales, on the other hand, saw a slight setback, with respondents citing fierce competition and shaky economies overseas. Booming orders had knock-on effects as they pushed firms to hire more and stockpile inventories to stay on top of demand. New staff helped businesses put a dent in their backlogs and firms successfully negotiated more timely deliveries, particularly from domestic suppliers. Nevertheless, more expensive raw materials and higher staffing costs increased businesses\u2019 input costs. Managers were upbeat about the future, citing solid sales pipelines, a good overall economy and supportive government policies as reasons for optimism. <\/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\">Over in Qatar, a similar acceleration in sales saw PMI figures rise for the fifth time in six months<\/span><span style=\"\">, according to Qatar Financial Center (QFC) PMI released yesterday (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/5\/247.pdf\" style=\"\">pdf<\/a><\/span><span style=\"font-weight:400;\">). April\u2019s PMI reading came in at 54.4, up from 53.8 in March \u2014 the highest acceleration the index has seen since July 2022, placing the metric solidly above the long-run trend of 52.2. Despite some increases in prices of inputs, goods, and services, inflation seemed largely in check and the one-year outlook among managers was overwhelmingly positive. <\/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\">Orders in April grew at their fastest rate in nine months <\/span><span style=\"font-weight:400;\">with a broadened customer base, new projects, and new products driving the trend. As elsewhere in the GCC, businesses in Qatar hired more to keep up with the soaring demand with employment rising to a nine-month peak. Despite the deluge of new orders, businesses were able to reduce their backlogs thanks to new hires and better productivity. <\/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\">Qatar\u2019s financial sector was once again the star, with activity in that sector growing for its 22nd consecutive month<\/span><span style=\"font-weight:400;\"> and outpacing growth in the broader private sector economy, both in terms of total activity and new work,\u201d QFC CEO Yousuf Mohamed Al Jaida said in his customary comment. <\/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\">Egypt\u2019s PMI reading was less sanguine as non-oil private sector activity remained in contraction territory, although the rate of contraction softened<\/span><span style=\"\">, according to S&P Global\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/5\/248.pdf\" style=\"\">Egypt PMI (pdf)<\/a><\/span><span style=\"font-weight:400;\">. The composite index posted 47.3 in April, rising from March\u2019s 46.7 and hitting the highest level since October last year. <\/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\">New orders fell, but at the softest rate in four months.<\/span><span style=\"font-weight:400;\"> Likewise, firms\u2019 output continued to decline but at the slowest rate in six months, while firms cut jobs at a significantly lower rate than in recent months. Managers surveyed continued to cite the usual suspects of high inflation and import controls as being responsible for tepid sales and impaired output. <\/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 silver lining #1-<\/span><span style=\"font-weight:400;\"> The construction industry may have rounded the bend as it recorded growth for the first time in 10 months. <\/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 silver lining #2- <\/span><span style=\"font-weight:400;\">The report points to some signs that inflation may have finally bottomed out in Egypt. More stability in the FX market translated into more contained purchase price inflation for firms than the month prior. Put together with the softest increases in staffing costs in eight months, input costs increased at their slowest rate in one year and inflation was lower than the long-run trend. Nevertheless, persistently high prices for raw materials meant that firms\u2019 purchases continued their downfall and businesses had to keep gnawing at their inventories to meet demand. The spare capacity also meant that backlogs decreased for a third straight month.<\/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\">Despite the softening inflation, outlook is at rock-bottom: <\/span><span style=\"font-weight:400;\">Negativity loomed as managers\u2019 outlook continued to fall \u2014 reaching an all-time low. Respondents cited sluggish demand locally and abroad, as well as lingering inflation, as reasons for a gloomy one-year forecast. <\/span><\/p>\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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/pmi\/\">PMI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/purchasing\/\">PURCHASING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/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=\"70543\" 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=\"70543\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Zones<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/jordan-looking-to-establish-new-port-for-the-import-of-crude-and-derivatives\/\">\r\n                            Jordan looking to establish new port for the import of crude and derivatives                        <\/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\/04\/jordan-looking-to-establish-new-port-for-the-import-of-crude-and-derivatives\/\" 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\/04\/jordan-looking-to-establish-new-port-for-the-import-of-crude-and-derivatives\/')\">\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\/04\/jordan-looking-to-establish-new-port-for-the-import-of-crude-and-derivatives\/\">\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=Jordan looking to establish new port for the import of crude and derivatives&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/jordan-looking-to-establish-new-port-for-the-import-of-crude-and-derivatives\/\">\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\/04\/jordan-looking-to-establish-new-port-for-the-import-of-crude-and-derivatives\/&title=Jordan looking to establish new port for the import of crude and derivatives\">\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=Jordan+looking+to+establish+new+port+for+the+import+of+crude+and+derivatives+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F04%2Fjordan-looking-to-establish-new-port-for-the-import-of-crude-and-derivatives%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\/04\/jordan-looking-to-establish-new-port-for-the-import-of-crude-and-derivatives\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/193.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70544\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/jordan-looking-to-establish-new-port-for-the-import-of-crude-and-derivatives\/193-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/193.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"193.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/193.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/193.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70543\" class=\"content-area-description single-story post-70543 post type-post status-publish format-standard has-post-thumbnail hentry category-zones tag-aqaba-port tag-enterprise-logistics tag-jordan tag-ports tag-zones 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\/.98fe6270-1eb0-42cc-8eb0-f863dec86470.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\">Jordan is studying constructing a new port on the Red Sea to import crude and<\/span><span style=\"font-weight:700\"> petroleum<\/span><span style=\"\">,<\/span><span style=\"\"> state-owned Aqaba Development Corporation (ADC) CEO Hussein Al Safadi told Jordanian daily <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3VuaAAU\" style=\"\">Addustour<\/a><\/span><span style=\"font-weight:400;\">. The new port could also serve as a conduit for the export of green hydrogen and ammonia, Al Safadi added. The new port could be constructed by ADC or with an external investor, depending on the outcome of the feasibility studies, Al Safadi 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\">Crude and petroleum facilities at Aqaba Port have seen an upgrade spree.<\/span><span style=\"\"> The first phase of improvements \u2014 completed in 2015 \u2014 saw throughput capacity at the port doubled to 14 mn tons per annum as well as upgrades to storage and distribution. ADC is about to begin the second phase of upgrades which will see revamps to fuel storage and safety features, Al-Safadi said.<\/span><\/p>\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\/aqaba-port\/\">Aqaba Port<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/jordan\/\">Jordan<\/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\/zones\/\">ZONES<\/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=\"70545\" 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=\"70545\">\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\">MARITIME<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/egypts-sczone-to-begin-rolling-out-bunkering-services-within-days\/\">\r\n                            Egypt\u2019s SCZone Ports to begin rolling out bunkering services within coming days                        <\/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\/04\/egypts-sczone-to-begin-rolling-out-bunkering-services-within-days\/\" 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\/04\/egypts-sczone-to-begin-rolling-out-bunkering-services-within-days\/')\">\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\/04\/egypts-sczone-to-begin-rolling-out-bunkering-services-within-days\/\">\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 SCZone to begin rolling out bunkering services within days&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/egypts-sczone-to-begin-rolling-out-bunkering-services-within-days\/\">\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\/04\/egypts-sczone-to-begin-rolling-out-bunkering-services-within-days\/&title=Egypt\u2019s SCZone to begin rolling out bunkering services within days\">\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+SCZone+to+begin+rolling+out+bunkering+services+within+days+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F04%2Fegypts-sczone-to-begin-rolling-out-bunkering-services-within-days%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\/04\/egypts-sczone-to-begin-rolling-out-bunkering-services-within-days\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/202.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70546\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/egypts-sczone-to-begin-rolling-out-bunkering-services-within-days\/202-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/202.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"202.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/202.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/202.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70545\" class=\"content-area-description single-story post-70545 post type-post status-publish format-standard has-post-thumbnail hentry category-maritime tag-enterprise-logistics tag-maritime tag-shipping tag-suez-canal 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\/.555650de-5db3-43f7-9167-26effddd9104.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\">Egypt\u2019s Suez Canal Economic Zone (SCZone) ports will begin providing<\/span><span style=\"font-weight:700\"> bunkering services to ships within days<\/span><span>, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/415aHUq\" style=\"\">Youm7<\/a><\/span><span> reports, citing what it says are high-level sources. The services will be offered at the Ain Sokhna and Port Said ports, the sources reportedly said. The SCZone is <\/span><span>cooperating with the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.suezcanal.gov.eg\/English\/Pages\/default.aspx\" style=\"\">Suez Canal Authority<\/a><\/span><span style=\"font-weight:400;\"> (SCA), Egypt\u2019s Oil Ministry, and international companies to roll out the service, the sources said, without naming the companies. <\/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> The SCZone first <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4efd47f2-548c-4454-aaed-14c2016ce56e\" style=\"\">announced plans<\/a><\/span><span style=\"font-weight:400;\"> to launch the new marine services \u2014 including bunkering and catering \u2014 back in January, as part of its 2020-2050 strategy.<\/span><\/p>\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\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/suez-canal\/\">Suez Canal<\/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=\"70547\" 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=\"70547\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/iraq-and-syria-talk-trade-at-their-joint-committee-session\/\">\r\n                            Iraq and Syria talk trade at their joint-committee session                        <\/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\/04\/iraq-and-syria-talk-trade-at-their-joint-committee-session\/\" 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\/04\/iraq-and-syria-talk-trade-at-their-joint-committee-session\/')\">\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\/04\/iraq-and-syria-talk-trade-at-their-joint-committee-session\/\">\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=Iraq and Syria talk trade at their joint-committee session&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/iraq-and-syria-talk-trade-at-their-joint-committee-session\/\">\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\/04\/iraq-and-syria-talk-trade-at-their-joint-committee-session\/&title=Iraq and Syria talk trade at their joint-committee session\">\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=Iraq+and+Syria+talk+trade+at+their+joint-committee+session+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F04%2Firaq-and-syria-talk-trade-at-their-joint-committee-session%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\/04\/iraq-and-syria-talk-trade-at-their-joint-committee-session\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/259.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70548\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/iraq-and-syria-talk-trade-at-their-joint-committee-session\/259-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/259.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"259.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/259.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/259.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70547\" class=\"content-area-description single-story post-70547 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-enterprise-logistics tag-iraq tag-syria tag-trade 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\/.384d30f4-3874-48ce-adc4-ec5d57d82f06.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\">Trade and investment in the energy and agricultural sectors were on the agenda during<\/span><span style=\"font-weight:700\"> Iraq and Syria\u2019s joint-committee <\/span><span>meeting yesterday, according to an Iraqi Commerce Ministry <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=pfbid02a4KuR9GkQGYjJuEuD2AeqWsJ4GLfmoeZVsxKX3P92DsQ4xRcSv6toCmHFtTKY2FGl&id=100064754017349\" style=\"\">statement<\/a><\/span><span>. Government officials from both sides recognized the importance of encouraging their respective private sectors to establish joint ventures in the industrial and agricultural sectors. The meeting comes on the heels of <\/span><span style=\"\">Syria promising to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6b72113e-9341-4974-b2eb-ffce88157128\" style=\"\">curb<\/a><\/span><span style=\"font-weight:400;\"> cross-border drug trafficking at its Iraq border.  <\/span><\/p>\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\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/syria\/\">Syria<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"70549\" 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=\"70549\">\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\">Logistics in the News<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/the-end-of-human-piloted-aviation\/\">\r\n                            The end of human-piloted aviation?                        <\/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\/04\/the-end-of-human-piloted-aviation\/\" 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\/04\/the-end-of-human-piloted-aviation\/')\">\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\/04\/the-end-of-human-piloted-aviation\/\">\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=The end of human-piloted aviation?&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/the-end-of-human-piloted-aviation\/\">\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\/04\/the-end-of-human-piloted-aviation\/&title=The end of human-piloted aviation?\">\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=The+end+of+human-piloted+aviation%3F+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F04%2Fthe-end-of-human-piloted-aviation%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\/04\/the-end-of-human-piloted-aviation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/231.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70550\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/the-end-of-human-piloted-aviation\/231-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/231.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"231.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/231.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/231.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70549\" class=\"content-area-description single-story post-70549 post type-post status-publish format-standard has-post-thumbnail hentry category-logistics-in-the-news tag-ai tag-aviation tag-emirates-airlines tag-enterprise-logistics tag-logistics-in-the-news 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\/.08d13820-27d3-4dc6-9649-10bd6c024896.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\">As the aviation industry embraces AI, planes may need no more than a single <\/span><span style=\"font-weight:700\">pilot<\/span><span style=\"\">, Emirates Airlines President Tim Clark tells <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cnbc.com\/2023\/05\/02\/one-pilot-planes-are-a-possibility-as-aviation-embraces-ai-emirates-president-says.html\" style=\"\">CNBC<\/a><\/span><span style=\"font-weight:400;\">. Although this may not happen for a while, it looks to be inevitable and Clark believes the industry needs to analyze how to best use AI to its advantage. <\/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\">Airbus delivered 55 planes in April, a 10% drop from March, due to <\/span><span style=\"font-weight:700\">supply<\/span><span style=\"font-weight:700\">shortages<\/span><span style=\"\">, hindering CEO Guillaume Faury's goal of increasing deliveries to 720 jets this year. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-05-03\/airbus-april-deliveries-slip-as-creaky-supply-chain-slows-output?srnd=economics-trade&leadSource=uverify%20wall\" style=\"\">Bloomberg<\/a><\/span><span style=\"\">)<\/span><\/p>\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\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/emirates-airlines\/\">Emirates Airlines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-in-the-news\/\">LOGISTICS IN THE NEWS<\/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=\"70551\" 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=\"70551\">\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\/04\/jazeera-airways-reports-1q-earnings-abu-dhabi-aviation-merges-with-adq-aviation-plus-gac-warehouses-get-solar-panels-and-ap-moller-maersk-opens-a-new-corporate-office\/\">\r\n                            Jazeera Airways reports 1Q earnings + Abu Dhabi Aviation merges with ADQ Aviation. Plus: GAC warehouses get solar panels and AP Moller-Maersk opens a new corporate office                        <\/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\/04\/jazeera-airways-reports-1q-earnings-abu-dhabi-aviation-merges-with-adq-aviation-plus-gac-warehouses-get-solar-panels-and-ap-moller-maersk-opens-a-new-corporate-office\/\" 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\/04\/jazeera-airways-reports-1q-earnings-abu-dhabi-aviation-merges-with-adq-aviation-plus-gac-warehouses-get-solar-panels-and-ap-moller-maersk-opens-a-new-corporate-office\/')\">\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\/04\/jazeera-airways-reports-1q-earnings-abu-dhabi-aviation-merges-with-adq-aviation-plus-gac-warehouses-get-solar-panels-and-ap-moller-maersk-opens-a-new-corporate-office\/\">\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=Jazeera Airways reports 1Q earnings + Abu Dhabi Aviation merges with ADQ Aviation. Plus: GAC warehouses get solar panels and AP Moller-Maersk opens a new corporate office&url=https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/jazeera-airways-reports-1q-earnings-abu-dhabi-aviation-merges-with-adq-aviation-plus-gac-warehouses-get-solar-panels-and-ap-moller-maersk-opens-a-new-corporate-office\/\">\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\/04\/jazeera-airways-reports-1q-earnings-abu-dhabi-aviation-merges-with-adq-aviation-plus-gac-warehouses-get-solar-panels-and-ap-moller-maersk-opens-a-new-corporate-office\/&title=Jazeera Airways reports 1Q earnings + Abu Dhabi Aviation merges with ADQ Aviation. Plus: GAC warehouses get solar panels and AP Moller-Maersk opens a new corporate office\">\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=Jazeera+Airways+reports+1Q+earnings+%2B+Abu+Dhabi+Aviation+merges+with+ADQ+Aviation.+Plus%3A+GAC+warehouses+get+solar+panels+and+AP+Moller-Maersk+opens+a+new+corporate+office+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F04%2Fjazeera-airways-reports-1q-earnings-abu-dhabi-aviation-merges-with-adq-aviation-plus-gac-warehouses-get-solar-panels-and-ap-moller-maersk-opens-a-new-corporate-office%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\/04\/jazeera-airways-reports-1q-earnings-abu-dhabi-aviation-merges-with-adq-aviation-plus-gac-warehouses-get-solar-panels-and-ap-moller-maersk-opens-a-new-corporate-office\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/241.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70552\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/jazeera-airways-reports-1q-earnings-abu-dhabi-aviation-merges-with-adq-aviation-plus-gac-warehouses-get-solar-panels-and-ap-moller-maersk-opens-a-new-corporate-office\/241-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/241.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"241.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/241.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/241.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70551\" class=\"content-area-description single-story post-70551 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-abu-dhabi-aviation tag-adq-aviation tag-also-on-our-radar tag-aviation tag-energy tag-enterprise-logistics tag-gac tag-jazeera-airways tag-ma 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\/.20c76a83-7d02-49c9-889c-b7e77924b543.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;\">AVIATION-<\/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\">Kuwaiti low cost airline and <\/span><span style=\"font-weight:700\">freight service provider<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.jazeeraairways.com\/en-eg?gad=1&gclid=cjwkcajwjmiibha4eiwaze6jq8rivdtgwvpr2rgwvbvifty3klq0jjlgf9xwfbgrm72twatht0ciarocp7wqavd_bwe\" style=\"\">Jazeera Airways<\/a><\/span><span style=\"font-weight:700\">\u2019 net income<\/span><span style=\"font-weight:700\"> dropped 39.7% y-o-y in 1Q 2023<\/span><span> to<\/span><span> KWD 2.3 mn (USD 7.48 mn), according to the company\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/5\/204.pdf\" style=\"\">earnings presentation (pdf)<\/a><\/span><span style=\"font-weight:400;\">. The airline\u2019s revenue for the quarter rose 35.2% y-o-y to KWD 48.3 mn, underpinned by a 56.6% y-o-y uptick in passenger traffic to 1.1 mn passengers. Cargo revenues also contributed to the airline\u2019s topline, coming in at KWD 536k, a 31.3% y-o-y increase. Despite high fuel prices, the airline has added new destinations to its routes including Moscow and Samarkand. <\/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\">Looking forward: <\/span><span style=\"\">The airline has also announced new destinations for 2Q including Larnaca,<\/span><span> Tirana, and Belgrade, and will resume flights to Prague and Sarajevo in the summer. The airline is also making <\/span><span>four <\/span><span style=\"font-weight:400;\">new additions to its fleet by the end of 4Q 2023.<\/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;\">ENERGY-<\/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\">Global shipping and logistics services provider GAC has installed 550 solar panels on its<\/span><span style=\"font-weight:700\"> warehouse roof in Bahrain<\/span><span style=\"\">, according to a company <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.gac.com\/corporate-news\/gac-bahrain-powers-up-with-the-completion-of-solar-project\" style=\"\">press release<\/a><\/span><span style=\"\">. An expected annual output of 487k kWh could reduce CO2 emissions from the facility by 485 tons and make 195 tons of standard coal savings in the first year.<\/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\">M&A-<\/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\">Abu Dhabi Aviation effectively merges into ADQ Aviation: <\/span><span style=\"\">Abu Dhabi Aviation's<\/span><span> shareholders approved issuing of mandatory convertible bonds valued at AED 4 bn to ADQ Aviation and Aerospace Services LLC, according to an <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/5\/211.pdf\" style=\"\">ADX disclosure<\/a><\/span><span>. The transaction will see ADQ Aviation transfer 100% of the issued share capital of Advanced Military Maintenance Repair and Overhaul Centre (AMMROC) and Etihad Airways Engineering (EYE), and 50% of the issued share capital of Global Aerospace Logistics (GAL) to Abu Dhabi Aviation. The bonds will convert into 652 mn Abu Dhabi Aviation shares at a conversion ratio of 6.14 for each new share. The issued share capital of the company will be increased to AED 1.1 bn, with the deal expected to finalize in 2Q 2023. The new shares will be listed on the ADX before 30 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:700;\">ALSO WORTH KNOWING ABOUT-<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">AP Moller-Maersk opened a new corporate office at SOHAR Freezone in Oman<\/span><span style=\"\">,<\/span><span style=\"\">expanding its presence in the country with its third office after Muscat and Salalah. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.maersk.com\/news\/articles\/2023\/05\/03\/maersk-strengthens-its-footprint-in-oman-with-the-inauguration-of-a-new-office-at-sohar-freezone\" style=\"\">Company statement<\/a><\/span><span style=\"font-weight:400;\">)  <\/span><\/li>\n<\/ul>\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\/abu-dhabi-aviation\/\">Abu Dhabi Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/adq-aviation\/\">ADQ Aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/gac\/\">GAC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/jazeera-airways\/\">Jazeera Airways<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma\/\">M&amp;A<\/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=\"70553\" 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=\"70553\">\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\/04\/iran-seizes-another-oil-tanker-bed-bath-beyond-seeks-to-recoup-mns-of-usd-to-pay-off-creditors\/\">\r\n                            Iran seizes another oil tanker + Bed Bath &amp; Beyond seeks to recoup mns of USD to pay off creditors                        <\/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\/04\/iran-seizes-another-oil-tanker-bed-bath-beyond-seeks-to-recoup-mns-of-usd-to-pay-off-creditors\/\" 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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Beyond seeks to recoup mns of USD to pay off creditors\">\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=Iran+seizes+another+oil+tanker+%2B+Bed+Bath+%26%23038%3B+Beyond+seeks+to+recoup+mns+of+USD+to+pay+off+creditors+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F05%2F04%2Firan-seizes-another-oil-tanker-bed-bath-beyond-seeks-to-recoup-mns-of-usd-to-pay-off-creditors%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\/04\/iran-seizes-another-oil-tanker-bed-bath-beyond-seeks-to-recoup-mns-of-usd-to-pay-off-creditors\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/243.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70554\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/iran-seizes-another-oil-tanker-bed-bath-beyond-seeks-to-recoup-mns-of-usd-to-pay-off-creditors\/243-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/243.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"243.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/243.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/243.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70553\" class=\"content-area-description single-story post-70553 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-bed-bath-beyond tag-enterprise-logistics tag-iran 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\/.dca24e7c-8b96-4671-a22c-6c1c82c06bc1.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\">Iran seizes second oil tanker in a week, according to US Navy: <\/span><span style=\"\">Iran has seized a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/cb42b0a4-14f6-426d-a07e-3e05cda9e213\" style=\"\">second foreign oil tanker<\/a><\/span><span> in the Gulf within a week. Oil tanker Niovi was sailing under the Panamanian flag when it was seized by Iran\u2019s Islamic Revolutionary Guard Corps Navy while passing through the Strait of Hormuz. The tanker was transiting from Dubai to Fujairah when it was seized. The oil ship was seized based on a court order following a plaintiff\u2019s complaint, Tehran\u2019s prosecutor said in its initial statement, according to the Iranian judiciary\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mizanonline.ir\/fa\/news\/4710710\/%D9%86%D9%81%D8%AA%DA%A9%D8%B4-%D9%86%DB%8C%D9%88%D9%88%DB%8C-%D8%AF%D8%B1-%D9%BE%DB%8C-%D8%B4%DA%A9%D8%A7%DB%8C%D8%AA-%D8%B4%D8%A7%DA%A9%DB%8C-%D9%88-%D8%AF%D8%B3%D8%AA%D9%88%D8%B1-%D9%85%D9%82%D8%A7%D9%85-%D9%82%D8%B6%D8%A7%DB%8C%DB%8C-%D8%AA%D9%88%D9%82%DB%8C%D9%81-%D8%B4%D8%AF%D9%87-%D8%A7%D8%B3%D8%AA\" style=\"\">Mizan<\/a><\/span><span> news agency. No further details were provided. (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.foxnews.com\/world\/iran-seizes-second-oil-tanker-week-us-navy-says\" style=\"\">Fox News<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/second-oil-tanker-week-seized-by-iran-gulf-us-navy-2023-05-03\/\" 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\">REFRESHER- <\/span><span>The US and Iran have been engaging in a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/cb42b0a4-14f6-426d-a07e-3e05cda9e213\" style=\"\">tit-for-tat seizure<\/a><\/span><span> of oil tankers, with the US confiscating an Iranian tanker last week and Iran responding by capturing a US-bound vessel carrying Kuwaiti crude shortly after.<\/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\">Bed Bath & Beyond seeking damages from Hong Kong shipping company:<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bedbathandbeyond.com\/\" style=\"\">Bed<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bedbathandbeyond.com\/\" style=\"\">Bath & Beyond<\/a><\/span><span> is seeking over USD 31.7 mn from Hong Kong-based Orient Overseas Container Line, filing a complaint with US Federal Maritime Commission claiming that the shipping line abandoned its commitments during last year\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/markets\/us\/us-works-with-firms-supply-chains-ease-port-congestion-2022-08-10\/\" style=\"\">supply chain turbulence<\/a><\/span><span> in the US, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wsj.com\/articles\/bankrupt-bed-bath-beyond-seeks-millions-from-ocean-carriers-4ec09c00\" style=\"\">the Wall Street Journal<\/a><\/span><span> reports<\/span><span style=\"font-weight:400;\">. The filing claims that the container line\u2019s \u201cbrazen price gouging and profiteering\u201d cost the company some USD 31.7 mn in extra freight charges, along with additional charges and foregone income. The filing with the US maritime regulator comes days after the company filed for chapter 11 bankruptcy and began winding down operations. <\/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\">But that\u2019s not all: <\/span><span>Last month, Taiwan-based Yang Ming Marine Transport filed a suit to block Bed Bath & Beyond from pursuing a claim of USD 7.8 mn over breach of contract, t<\/span><span>he Wall Street Journal notes<\/span><span style=\"font-weight:400;\">. Bed Bath & Beyond is looking to recoup as much funds as it can to pay off its creditors after filing for bankruptcy. <\/span><\/p>\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\/bed-bath-beyond\/\">Bed Bath &amp; Beyond<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iran\/\">Iran<\/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=\"70555\" 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=\"70555\">\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\/04\/corvus-energy-to-launch-no-carbon-battery-fuel-system-for-ships-next-month\/\">\r\n                            Corvus Energy to launch no-carbon battery fuel system for ships next month                        <\/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\/04\/corvus-energy-to-launch-no-carbon-battery-fuel-system-for-ships-next-month\/\" 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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class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"70556\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/05\/04\/corvus-energy-to-launch-no-carbon-battery-fuel-system-for-ships-next-month\/229-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/229.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"229.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/229.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/5\/229.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70555\" class=\"content-area-description single-story post-70555 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-climate-change tag-corvus-energy tag-enterprise-logistics tag-maritime tag-on-your-way-out 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\/.e91541ee-6a7a-4045-9d36-2b0432a5738f.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\">Norway\u2019s <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/corvusenergy.com\/\" style=\"\">Corvus Energy<\/a><\/span><span style=\"font-weight:700\"> planning to launch no-carbon hybrid propulsion <\/span><span style=\"font-weight:700\">system:<\/span><span>Norwegian maritime energy storage solutions provider <\/span><span>Corvus Energy is planning to launch a zero-carbon battery-fuel cell hybrid propulsion system <\/span><span>for several ships in June, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.seatrade-maritime.com\/sustainability-green-technology\/corvus-plan-june-launch-zero-carbon-hybrid-propulsion-setup\" style=\"\">Seatrade Maritime<\/a><\/span><span>. The H2NOR fuel cell system can be combined with batteries to provide zero carbon propulsion with a performance range between 320 KW and 10 MW. The gas system will be suitable for use by offshore vessels, ferries, container feeders, chemical tankers, coasters, workboats, and <\/span><span>ropax<\/span><span> ships, according to the news outlet. The project has received EUR 5.9 mn in funding from state agency Innovation Norway and the Research Council of Norway, according to the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/corvusenergy.com\/products\/fuel-cell-systems\/h2nor-fuel-cell\/\" style=\"\">company website<\/a><\/span><span style=\"font-weight:400;\">. The partners on board with this project include Toyota, Equinor, LMG Marin, Maritime CleanTech, and Norled. <\/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\">Timeline: <\/span><span>T<\/span><span style=\"font-weight:400;\">he system will be showcased on board a vessel in 2023 and should be marine certified and available for commercial delivery by 2024, according to the company website.<\/span><\/p>\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\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/corvus-energy\/\">Corvus Energy<\/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\/on-your-way-out\/\">ON YOUR WAY OUT<\/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=\"70557\" 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\/04\/70557\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-70557\" class=\"content-area-description single-story post-70557 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>1-4 May (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wtm.com\/atm\/en-gb\/lp\/register-now.html?utm_source=google&utm_medium=cpc&utm_campaign=atm23_visprom_bof&gclid=Cj0KCQjw6cKiBhD5ARIsAKXUdybcJ-KogZXo4WoC97yU2g11CabyqjBg1UicPz6xZ5dZJgqqdoXVH8oaAqQkEALw_wcB\" style=\"\">Arabian Travel Market<\/a><\/span><span style=\"font-weight:400;\">, DWTC, 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;\">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 style=\"font-weight:400;\">18-19 May (Thursday-Friday): XIV International Russia\u2014Islamic Wold: KazanForum, Kazan Expo, Kazan, Russia<\/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 style=\"font-weight:700\">FEBRUARY 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:700\">MARCH 2024<\/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;\">MAY 2024<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2-3 May (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/genevadry.com\/\" style=\"\">Geneva Dry<\/a><\/span><span style=\"font-weight:400;\">, Geneva, Switzerland, Hotel President Wilson.<\/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\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":70537,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-70536","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"2f6c4832-4ed3-435c-864e-9d8a1ef3e33e","teaser":"","photo_url":"https:\/\/ent.news\/2023\/3\/694.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>It\u2019s PMI week in the region + Maritime and shipping are in the spotlight - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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