{"id":73751,"date":"2023-09-27T01:15:00","date_gmt":"2023-09-27T01:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=73751"},"modified":"2025-12-15T13:22:41","modified_gmt":"2025-12-15T13:22:41","slug":"sals-shares-were-fully-subscribed-on-first-day-of-book-building","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/sals-shares-were-fully-subscribed-on-first-day-of-book-building\/","title":{"rendered":"SAL\u2019s shares were fully subscribed on first day of book building"},"content":{"rendered":"<section id=\"73753\" 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=\"73753\">\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\/09\/27\/today-sals-shares-fully-subscribed-on-the-first-day-of-book-building-have-india-iran-finalized-a-long-term-agreement-over-chabahar-port\/\">\r\n                            TODAY: SAL\u2019s shares fully subscribed on the first day of book building + Have India, Iran finalized a long-term agreement over Chabahar Port?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li 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              \n<article id=\"post-73753\" class=\"content-area-description single-story post-73753 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-enterprise-logistics tag-ipo-watch tag-iran tag-oil tag-ports tag-russia-ukraine-war tag-shipping-maritime tag-what-were-tracking-today 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\/9\/.0d5ad28c-447f-4daf-b4c1-bcb0b559d2a8.mp3\"><\/audio><\/figure><p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> Good morning, wonderful people. <\/strong>We have another light issue for you this morning as the newsflow remains slow, with just a few key updates on stories we\u2019re keeping an eye on.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> THE BIG LOGISTICS STORY- <\/strong>There\u2019s no single big story this morning, but we have the run-down on Adnoc\u2019s water treatment and transportation project, which has reached financial close, as well as a handy explainer on the logistics of trading and transporting renewables. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> HAPPENING TODAY- <\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/railway-news.com\/event-exhibition\/10th-international-exhibition-of-rail-transportation-related-industries\/\" style=\"\" rel=\"noopener\">International Exhibition of Rail Transportation & Related Industries (Iran Rail Expo)<\/a><\/strong><strong> kicked off yesterday and will run until 29 September <\/strong> at the Tehran International Permanent Fairground, in Iran. The event will explore important projects in Iran, including railway infrastructure, automatic train operation, rolling stock and the Tehran-Esfahan high speed rail contract. The event brings together railway managers, government officials, military forces, chamber of commerce, rail industry experts, signaling companies, and more parties from the industry. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong> Have Iran + India finalized the Chabahar port agreement? <\/strong> On the sidelines of the Iran Rail Expo, Iran\u2019s Roads and Urban Development Minister Mehrdad Bazrpash reportedly said that Indian firms\u2019 investment contract for the Chabahar strategic port have been finalized, semi-official <a target=\"_blank\" href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/09\/26\/2962074\/india-finalizing-investment-contract-at-iran-s-chabahar-port-roads-minister\" style=\"\" rel=\"noopener\">Tasnim news agency<\/a> reports as saying at the event. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> It's been in the works for a while: <\/strong>Last we heard, India and Iran had mostly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a1c1b721-c66a-4257-a7cf-1ec24858534e\" style=\"\" rel=\"noopener\">settled<\/a> issues to do with the terms of a contract for the development of India\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4e240c8b-2fd0-43d9-b382-cd4b896bbf29\" style=\"\" rel=\"noopener\">Chabahar port<\/a>, with only one paragraph remaining to be settled. The two sides were expected to finalize the long-term agreement later this month or early October. The two countries, which have been relying on short-term one-year agreements for the development and running of the terminal at Chabahar Port, have been looking to implement a longer term, self-renewing 10-year agreement. They also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4e240c8b-2fd0-43d9-b382-cd4b896bbf29\" style=\"\" rel=\"noopener\">recently agreed<\/a> that they would not turn to commercial arbitration for disputes that arise between users and operators of the port.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a><strong> SAL Saudi Logistics Services saw its shares fully subscribed on the first day of the book <\/strong><strong> building process for institutional investors <\/strong>amid high demand, <a target=\"_blank\" href=\"https:\/\/www.arabnews.com\/node\/2380231\/business-economy\" style=\"\" rel=\"noopener\">Arab News<\/a> reports. SAL set a price range of USD 26.13-28.28 per share, putting it on track to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8e57178c-765c-47cb-bdb2-d8b1e891759a\" style=\"\" rel=\"noopener\">raise<\/a> some USD 627-678 mn. The book building process kicked off on Monday and will run until 1 October. Retail investors\u2019 subscription period will kick off on 11 October and run until 13 October. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> REMEMBER- <\/strong>Saudia Arabian Airlines and Tarabot Air Cargo services are <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/76a97c56-0919-4743-968a-5003fe74e9c1\" style=\"\" rel=\"noopener\">jointly listing<\/a> a 30% stake in their subsidiary SAL on the Saudi Tadawul Exchange, with both shareholders offering 24 mn shares.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Advisors: <\/strong>HSBC Saudi Arabia was tapped as the sole bookrunner, underwriter, financial advisor, global coordinator and lead manager for the IPO.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"> <a id=\"wwtt3\"><\/a> <strong> WATCH THIS SPACE- <\/strong><strong> Kuwait\u2019s Abdali Economic Zone (AEZ) is set to be inaugurated in <\/strong><strong> FY <\/strong><strong> 2024-2025, <\/strong><a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/world\/middle-east\/abdali-economic-zone-to-boost-kuwaits-economic-growth-in-2024-2025-mcyeugmj\" style=\"\" rel=\"noopener\">Arab Times<\/a> reports, citing sources in the know. The Kuwait Direct Investment Promotion Authority (KDIPA) will receive financial support from the government, including KD 600k for consultations, including the management of the economic zone. KDIPA launched an auction for a feasibility study earlier this year, aiming to increase the involvement of private firms in the project\u2019s development. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> Russian attacks continue to target Ukraine\u2019s grain exporting infrastructure: <\/strong> Russian air strikes and shelling killed six and wrought \u201csignificant damage\u201d to Ukraine\u2019s Black Sea port and grain storage facilities, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/russias-air-attack-odesa-injures-one-damages-infrastructure-ukraine-official-2023-09-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported, citing Ukrainian officials. Continuous attacks have made it difficult for Ukraine to export grain since Moscow <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e7579b8d-f9db-4def-9a0a-5fa8274ac3d4\" style=\"\" rel=\"noopener\">exited<\/a> an internationally brokered Black Sea grain trading initiative in mid-July. <\/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 target=\"_blank\" href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> MARKET WATCH- <\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> Fractal Shipping looks to expand business in Turkey + Persian Gulf: <\/strong>Geneva-based <a target=\"_blank\" href=\"https:\/\/www.fractalshipping.com\/\" style=\"\" rel=\"noopener\">Fractal<\/a> <a target=\"_blank\" href=\"https:\/\/www.fractalshipping.com\/\" style=\"\" rel=\"noopener\">Shipping<\/a> is mulling an expansion of its fleet of 28 ships to include ships that are less than 10 years old, while seeking more business in India, Turkey and the Gulf as shipments for Russian products has declined, CEO Mathieu Philippe <a target=\"_blank\" href=\"https:\/\/www.spglobal.com\/commodityinsights\/en\/market-insights\/latest-news\/oil\/091223-interview-fractal-shipping-pauses-russian-crude-trade-as-fleet-may-be-expanded#:~:text=Fractal%20Shipping%2C%20which%20has%20carried,the%20Persian%20Gulf%20now%20that\" style=\"\" rel=\"noopener\">said in an interview<\/a> with S&P Global. The firm was one of the largest tankers operators exporting from Russia, with 50% of its shipments coming from Russia from December 2022,until oil and crude prices breached the EU and G7 oil price cap.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> Oman and Bahrain are set to increase th <\/strong><strong> eir diesel fuel production as they expand <\/strong><strong> refineries<\/strong>, increasing consumption of regional crude andpotentially tightening supply of Mideast oil further, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-26\/mideast-oil-gets-tighter-as-refineries-in-oman-bahrain-expand#xj4y7vzkg\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. The novel Duqm refinery \u2014 a joint venture between Oman and Kuwait \u2014 has started exporting the initial shipments of refined products, Bloomerg adds, citing sources in the know. The refinery, which produces 230k barrels a day (bbl \/ d), will become fully operational by the beginning of the upcoming year. Bahrain is also looking to expand its Sitra refinery by 2024, increasing its capacity to 400k barrels a day from 267k a day. The two new refineries will further limit supply of Middle Eastern crude, during a period when global output is already under pressure following <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/03f954b3-c848-4b46-8a13-efe830d907a4\" style=\"\" rel=\"noopener\">OPEC+ supply cuts<\/a>. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> NON-LOGISTICS REGIONAL HEADLINES- <\/strong><\/p>\n<ul>\n<li><strong> UAE: <\/strong>The UAE is planning a new visa system that would allow residents in the GCC to travel freely across the borders of the bloc\u2014comprising Bahrain, Oman, Kuwait, Saudi Arabia, and Qatar, in a bid to boost tourism. The visa system is expected to roll out \u201cvery soon\u201d UAE Economy Minister Abdulla bin Touq Al Marri said. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-25\/taliban-controls-world-s-best-performing-currency-this-quarter\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/li>\n<li><strong> KSA: <\/strong> Saudi Arabia\u2019s first newly appointed envoy to Palestine visited Palestine\u2019s President Mahmoud Abbas in his first ever visit to the West Bank on Tuesday, while Israel\u2019s tourism minister became the first senior Israeli official to make a public visit to the kingdom. This comes as the US resumes its push for Saudi Arabia and Israel to normalize ties. (<a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/saudi-arabia-palestinians-israel-ambassador-normalization-talks-ramallah-792c0e4bcb344d26e002289610e67da2\" style=\"\" rel=\"noopener\">Associated Press<\/a>)<\/li>\n<\/ul>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/watch\/?ref=saved&v=1729635654151001\" style=\"\" rel=\"noopener\">The Engineering Export Council of Egypt<\/a><\/strong><strong> (EEC) will lead a trade mission <\/strong><strong> consisting of 22 Egyptian companies to Iraq from 23 to 29 September. <\/strong>The delegation will tour Erbil and Baghdad. The participating companies, which operate across various sectors of the engineering industry, will be looking to secure export agreements with the Iraqi market. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\">The <strong><a target=\"_blank\" href=\"https:\/\/tmstaccc.com\/\" style=\"\" rel=\"noopener\">TMS Transportation and Climate Change Conference<\/a><\/strong><strong> (TACCC) will kick off <\/strong><strong> tomorrow in Abu Dhabi. <\/strong>The one-day event will gather industry leaders, experts, policymakers, and innovators together to discuss the climate-related challenges and actionable solutions that can guide us towards a sustainable future in the transport sector.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/details\/1395303201568\" style=\"\" rel=\"noopener\">Dubai World Congress for Self-Driving Transport<\/a><\/strong><strong> kicked off yesterday and will run till <\/strong><strong> today <\/strong>at the Dubai World Trade Centre. The congress features 53 speakers, 18 seminars and workshops, eight discussion panels, and is bringing together researchers, experts, and developers of autonomous mobility technology. The event is hosted by the Road Transport Authority and will focus on self-driving buses. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/gcciraqforum.com\/\" style=\"\" rel=\"noopener\">Gulf-Iraq Business Forum<\/a><\/strong><strong> is set to take place in the UAE on 26 and 27 <\/strong><strong> September. <\/strong> The forum will bring together key stakeholders, opinion leaders, and economic drivers to discuss bilateral cooperation and investment plans in the private and public sectors, as well as ways to enhance economic relations across several fields. The forum will also discuss economic obstacles and potential areas for development in Iraq and GCC countries, including potential areas for trade and investment. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:7107634052244860928\/\" style=\"\" rel=\"noopener\">Total Freight Worldwide\u2019s Fresh Summit 2023<\/a><\/strong><strong> will take place in Madrid, Spain on 4 <\/strong><strong> October<\/strong>, where participants will discuss the latest trends in transportation of perishable cargo.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> A <\/strong><strong><a target=\"_blank\" href=\"https:\/\/english.aawsat.com\/business\/4551201-saudi-turkish-trade-summit-set-istanbul-october\" style=\"\" rel=\"noopener\">Saudi-Turkish Summit<\/a><\/strong><strong> is scheduled to take place in Istanbul, Turkey on 8-12 October. <\/strong>Organized by the T\u00fcrkiye Exporters Assembly in coordination with the Turkish Commerce Ministry, the summit will be attended by Turkish exporters and 70 members of Saudi Arabia\u2019s Riyadh Chamber of Commerce. The participants will also include representatives from an array of sectors including food, non-ferrous metals, textiles, ready-made garments, chemicals, and furniture.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/gcc-turkiye.net\/\" style=\"\" rel=\"noopener\">GCC-T\u00fcrkiye Economic Forum<\/a><\/strong><strong> is set to take place on 11-13 Novembe <\/strong><strong> r <\/strong><strong> in \u00c7\u0131ra\u011fan <\/strong><strong> Palace Kempinski Hotel, Istanbul, Turkey <\/strong><strong> . <\/strong>The event will cover trade, investment and finance, energy, infrastructure, transportation and logistics, industry, tourism, agriculture and food, and sports sectors.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.marineinsight.com\/shipping-news\/uae-moei-and-the-international-chamber-of-shipping-unveil-plans-for-cop28\/\" style=\"\" rel=\"noopener\">Shaping the Future of Shipping Summit<\/a><\/strong><strong> , organized by the International <\/strong><strong> Chamber of Shipping, will take place on 9 December in the UAE. <\/strong> The event will bring together government officials and leaders in energy, maritime, and all parts of the supply chain to discuss plans to address climate change and help transition the industry towards sustainability.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> Check out our full calendar <\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        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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=\"73756\" 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=\"73756\">\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\">Projects<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/09\/27\/adnoc-taqa-reach-financial-close-on-water-supply-project\/\">\r\n                            Adnoc + Taqa reach financial close on water supply project                        <\/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\/09\/27\/adnoc-taqa-reach-financial-close-on-water-supply-project\/\" 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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       <!-- <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\/09\/27\/adnoc-taqa-reach-financial-close-on-water-supply-project\/&title=Adnoc + Taqa reach financial close on water supply project\">\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=Adnoc+%2B+Taqa+reach+financial+close+on+water+supply+project+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F09%2F27%2Fadnoc-taqa-reach-financial-close-on-water-supply-project%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\/09\/27\/adnoc-taqa-reach-financial-close-on-water-supply-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-73756\" class=\"content-area-description single-story post-73756 post type-post status-publish format-standard hentry category-projects tag-energy tag-enterprise-logistics tag-projects tag-supply-chain tag-water 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\/9\/.fb773314-a7b8-4af0-8704-d26617f90c89.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> Adnoc reaches financial close on water treatment + transportation project: <\/strong>Abu Dhabi National Oil Company (Adnoc) and Abu Dhabi\u2019s National Energy Company (Taqa) reached financial close on their USD 2.2 bn seawater treatment and sustainable water supply project for Adnoc\u2019s onshore operations, according to a company <a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/en\/News-and-Media\/Press-Releases\/2023\/ADNOC-and-TAQA-Reach-Financial-Close-on-Sustainable-Water-Supply-Project\" style=\"\" rel=\"noopener\">statement<\/a>. The project will be financed by a consortium of nine local and international banks \u2014 First Abu Dhabi Bank (FAB), Gulf International Bank (GIB), Natixis, Abu Dhabi Commercial Bank (ADCB), Abu Dhabi Islamic Bank (ADIB), Commercial Bank of Dubai (CBD), Emirates NBD (ENBD), Emirates Development Bank (EDB), and Warba Bank \u2014 through a combination of commercial and Islamic finance facilities, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Refresher: <\/strong>A consortium comprised of Orascom and Metito <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c0602e81-881f-449a-b99c-445e2deb2fb4\" style=\"\" rel=\"noopener\">will construct<\/a> a large-scale greenfield development including a seawater nanofiltration plant with a treatment capacity of over 110 mn imperial gallons per day (c.500k cbm \/ day) to serve Adnoc\u2019s onshore operations. It will also include seawater intake and outfall facilities, pumping stations, a 75-km water transmission pipeline, and an in-field distribution network of over 230 km to support reservoir pressure maintenance in the Bab and Bu Hasa oil fields in Abu Dhabi. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c0602e81-881f-449a-b99c-445e2deb2fb4\" style=\"\" rel=\"noopener\">project<\/a><\/strong><strong> is set to replace the aquifer water injection systems currently used by Adnoc in its onshore oil fields<\/strong>, allowing a sustainable water supply for the state oil giant\u2019s onshore operations and preserving the country\u2019s natural aquifer resources. It will also boost energy efficiency by up to 30% and slash Adnoc\u2019s environmental footprint in comparison with the currently used injection system.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/projects\/\">PROJECTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/supply-chain\/\">supply chain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/water\/\">Water<\/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=\"73758 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"73758\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/09\/27\/73758\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-73758\" class=\"content-area-description single-story post-73758 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/959.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"73759\" 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=\"73759\">\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\">The Big Read<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/09\/27\/enterprise-explains-the-logistics-of-transporting-renewables\/\">\r\n                            Enterprise explains: The logistics of transporting renewables                        <\/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\/09\/27\/enterprise-explains-the-logistics-of-transporting-renewables\/\" 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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Trade in renewables is necessary to ensure countries\u2019 access to clean energy and to reduce costs by bringing to bear economies of scale and market mechanisms. <strong> But how can renewable energy be moved? <\/strong> Surplus renewable energy can be transformed into hydrogen via electrolysis, and several vehicles have been proposed as enablers of cost-effective transport of hydrogen in bulk over long distances for trade purposes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Why hydrogen? Hydrogen trade is more efficient than cross-country power lines: <\/strong>Carrying energy over power lines yields some waste as part of that energy is emitted as heat. The proportion of the energy that is lost-in-transit grows as power lines get longer and the effect adds up, according to analysis by the <a target=\"_blank\" href=\"https:\/\/theconversation.com\/we-calculated-emissions-due-to-electricity-loss-on-the-power-grid-globally-its-a-lot-128296\" style=\"\" rel=\"noopener\">Conversation<\/a>. This means that although power grids are practical for renewable energy trade over short distances, they are inefficient for long distance trade.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The methods: <\/strong> The <a target=\"_blank\" href=\"https:\/\/www.irena.org\/\" style=\"\" rel=\"noopener\">International Renewable Energy Agency (IRENA)<\/a> \u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/9\/997.pdf\" style=\"\" rel=\"noopener\">Technology Review of Hydrogen Carriers report (pdf)<\/a> looks at four workable carrier options: ammonia, liquid hydrogen, and liquid organic hydrogen carriers (LOHC), are shipping pathways; while pipelines \u2014 either newly installed or retrofitted from natural gas networks \u2014 present a fourth overland alternative. The hydrogen carriers proposed may \u2014 to varying degrees \u2014 be integrated with the trade and storage infrastructure underpinning today\u2019s fossil fuels trade.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Hydrogen can also be used to clean up sectors that have proven difficult to decarbonize in the past<\/strong>, including the steel, iron, and chemical industries, as well as long haul transport, such as ocean and road freight, and air travel, CNBC explains (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=aYBGSfzaa4c\" style=\"\" rel=\"noopener\">watch, runtime: 15:25<\/a>). Green hydrogen refers to hydrogen produced from renewables, as opposed to gray or blue hydrogen which are produced from fossil fuels and entail carbon emissions. Surplus renewable energy during times of high output and low demand can be diverted to the production of green hydrogen via electrolysis.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Angling to get in the game early, global powers are pumping substantial investments into green hydrogen projects: <\/strong> The EU is looking to launch a hydrogen bank to manage investments that could run up to EUR 471 bn, according to a draft document picked up by <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/eu-plans-subsidies-hydrogen-made-using-renewable-energy-draft-document-2023-03-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> in March. Japan is also planning to deploy investments worth USD 107 bn over a 15-year period, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/japan-invest-107-bln-hydrogen-supply-over-15-years-2023-06-06\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported separately. <a target=\"_blank\" href=\"https:\/\/www.hydrogeninsight.com\/production\/worlds-largest-pem-green-hydrogen-project-announced-in-china-backed-by-4-5bn-of-investment\/2-1-1479258\" style=\"\" rel=\"noopener\">China<\/a>, the <a target=\"_blank\" href=\"https:\/\/www.hydrogen.energy.gov\/\" style=\"\" rel=\"noopener\">US<\/a>, and other world powers are pursuing their own initiatives. Closer to home, Saudi Arabia\u2019s <a target=\"_blank\" href=\"https:\/\/www.neom.com\/en-us\/our-business\/sectors\/energy?gclid=CjwKCAjw3oqoBhAjEiwA_UaLtvo_Q_xrXkOSf2RxlZAeEhiiEUuxwo485oe160CHtVIl0AsSs4i1RxoCit0QAvD_BwE\" style=\"\" rel=\"noopener\">NEOM<\/a> megaproject plans to roll out substantial green hydrogen production capacity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The catch: <\/strong><strong> hydrogen is flammable and difficult to handle<\/strong>, presenting unique challenges in terms of safety. It also has a low volume energy density and must be packed at high pressures for meaningful storage and transport to take place. The extreme pressures and temperatures required to store and transport hydrogen imply significant energy outlays, making hydrogen trade less efficient and capital intensive. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> With these challenges in mind, renewable energy analysts are weighing options for pathways to kick-off hydrogen trade: <\/strong> Despite the manifold advantages hydrogen presents, new technologies must be rolled out to enable transport of the fuel in bulk so that it can be traded in the same way fossil fuels are today. There are costs involved in converting the fuel into a transportable medium, moving it, and reconverting back to hydrogen at the importing destination. To this effect, the different carriers proposed for hydrogen trade each come with their own pros and cons. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Ammonia has a head start as a hydrogen carrier because it is already produced and traded on a global scale: <\/strong>Some 120 ports worldwide already have infrastructure that can be used to store and trade ammonia, IRENA\u2019s report noted. The caveat: most ammonia produced today is sourced from natural gas and coal, meaning that certification procedures must be introduced to separate green ammonia in trade. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Another advantage inherent in the use of ammonia as a hydrogen carrier is its multiple end-uses. <\/strong>Aside from use as a hydrogen carrier, the compound can also be used in fertilizers, as an industrial feedstock, and \u2014 subject to innovations in engine technology \u2014 as a maritime fuel, the report explained. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Ammonia is projected to be the go-to solution for decarbonizing shipping: <\/strong> As ammonia two-stroke engines come into play and the use of oil as declines, ammonia\u2019s use as a maritime fuel is projected to stand at 6% in 2030 and 15% in 2035, according to the IEA report. By 2050, ammonia\u2019s use as a maritime fuel is slated to stand at a full 44% granting it \u201cthe biggest stake in energy consumption for international shipping\u201d, the IEA says. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Ammonia\u2019s most significant drawback is a hefty energy penalty, but there\u2019s more: <\/strong> A substantial energy outlay (equivalent to 12-26% of the hydrogen carried) is required at the ammonia synthesis stage, according to numbers cited in the report. Even more energy (13-34%) is required for hydrogen reconversion, or \u201ccracking\u201d, at the importing destination. Ammonia is also toxic and corrosive, requiring special protocols and equipment for its handling. Finally, hydrogen that has been decoupled from its ammonia carrier may need further purification. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> A liquid hydrogen supply chain is also starting to take shape: <\/strong> Liquified hydrogen is commercially available today, albeit at a much smaller scale than ammonia. Marine trade in liquid hydrogen has been demonstrated, with Japan\u2019s Suiso Frontier \u2014 the world\u2019s first liquid hydrogen carrier \u2014 making its first shipment early this year, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-01-21\/liquid-hydrogen-wants-a-clean-energy-future\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported. Aside from existing infrastructure pilot projects, liquid hydrogen benefits from a simple reconversion process that is not capital intensive and does not require significant energy outlays.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> On the downside: It also suffers from a high energy outlay + storage challenges. <\/strong>Liquid hydrogen requires temperatures around -253 degrees celsius, and the energy required to achieve such temperatures accounts for 30-36% of the hydrogen supply, according to figures cited in IRENA\u2019s report. However, if today\u2019s pilot projects are scaled up and new technologies are innovated, the energy outlay may potentially decrease to 15%. The equipment required to achieve and maintain cryogenic storage also requires large investments in capital, the report noted. Another drawback to using liquid hydrogen is boil-off, which wastes 0.05-0.25% of hydrogen stores per day during shipping and storage. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> To put things in perspective: <\/strong> The same amount of energy provided by liquefied hydrogen that is carried on two and a half ships can be carried on just one ship of the same volume in the form of liquefied natural gas, according to BloombergNEF.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> On the other hand, liquid organic hydrogen carriers (LOHC) are compounds that can be stored and traded using the same infrastructure available for fossil fuels today. <\/strong> LOHC carriers can be \u201crecycled\u201d and used multiple times to load and offload hydrogen, albeit with a 0.1% loss rate per cycle, according to numbers cited in the report. Due to the fact that LOHCs are mostly oil derivatives and are at a liquid state in ambient temperatures, they can be stored and traded using the same infrastructure employed in the fossil fuels trade today with only minor adaptations. Unlike liquid hydrogen, LOHC storage and transport does not incur boil-off costs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> But, you guessed it, there\u2019s a high energy outlay at the reconversion stage of the LOHC value chain: <\/strong>Dehydrogenation \u2014 or the decoupling of hydrogen from its LOHC carrier \u2014 requires temperatures in the range of 150-400 degrees celsius. This implies 25-35% energy consumption at the importing destination, according to IRENA\u2019s report. After conversion, the hydrogen must also be purified and pressurized, implying further energy outlays.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Another disadvantage to LOHCs are their low hydrogen density<\/strong>, whereby only 4-7% of an LOHC cargo's weight is hydrogen. Despite pilot projects for hydrogen conversion and reconversion via LOHCs, existing initiatives require significant scaling in order to achieve economies of scale and allow tradable volumes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Pipelines present an attractive overland option, especially in regions where natural gas pipeline networks already exist: <\/strong>Hydrogen storage (in salt caverns and other reservoirs) and transport via pipelines has already been successfully demonstrated at a commercial scale, with successful pilot projects in North America, the UK, and the Netherlands, the report noted. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> By the numbers: <\/strong>Pipelines are particularly attractive for projects involving large volumes and short distances, with the material costs of expanding the capacity of a pipeline lower than the actual pace at which the capacity increases, according to the report. Natural gas pipelines can \u2014 on a case-by-case basis, depending on the materials used \u2014 be retrofitted to carry hydrogen, thereby driving down costs by 65-94% in regions where such networks exist, according to the report.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> But not all regions have pipeline networks: <\/strong> Most natural gas pipeline networks today are limited to North America, Europe, Russia, and eastern China, meaning that only those regions can benefit from pipeline retrofitting, the report indicates. Another significant drawback to pipelines is that project costs have a linear relationship to distance and quickly become uneconomical outside of regional spans.Storage in a reservoir also carries its own risks of losses and contamination, the report explained. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/renewable-energy\/\">renewable energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/the-big-read\/\">THE BIG READ<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/transport\/\">transport<\/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=\"73761\" 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=\"73761\">\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\">Logistics in the News<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/09\/27\/more-oil-tankers-and-dry-cargo-ships-are-tampering-with-their-locations-amid-increased-smuggling\/\">\r\n                            More oil tankers and dry cargo ships are tampering with their locations amid increased smuggling                        <\/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\/09\/27\/more-oil-tankers-and-dry-cargo-ships-are-tampering-with-their-locations-amid-increased-smuggling\/\" 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\" 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src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1584.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"73762\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/09\/27\/more-oil-tankers-and-dry-cargo-ships-are-tampering-with-their-locations-amid-increased-smuggling\/1584-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1584.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1584.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1584.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1584.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-73761\" class=\"content-area-description single-story post-73761 post type-post status-publish format-standard has-post-thumbnail hentry category-logistics-in-the-news tag-enterprise-logistics tag-logistics-in-the-news tag-oil tag-russia tag-shipping-maritime 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\/9\/.a1c05a46-324b-46d8-acdf-da02226ddd0c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"> <strong> More vessels are going \u201cdark <\/strong><strong> \u201d to ship crude oil + grain amid Russian sanctions: <\/strong>So-called \u201cdark vessels\u201d are shipping Russian oil breaching the G7\u2019s USD 60 barrel price cap by going under the radar and manipulating their through Venezuela waters, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2023\/09\/26\/russian-dark-ships-vessels-fake-their-locations-to-move-oil-around-the-world.html\" style=\"\" rel=\"noopener\">CNBC<\/a> reports, citing data from Winward cited by CNBC. Over the past year, more than 1.1k ships associated with Russia were identified to switch off their location transponders or engage in automatic identification systems (AIS) spoofing when transporting crude, Windward reported. The data reveals a 12% surge in location manipulation during the first half of the year among oil tankers and dry cargo shipments such as grain, compared to the same period last year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> \u201cBecause of dark vessels, a lot of the illegal shipping is starting to increase,\u201d <\/strong> CEO of maritime analytics firm Spire John Lusk said, adding that there are significant developments in tech that allow watchdogs to track illegal activity and tampering.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-in-the-news\/\">LOGISTICS IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oil\/\">oil<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/russia\/\">Russia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/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=\"73763\" 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=\"73763\">\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\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/09\/27\/saudi-arabia-china-to-launch-two-new-flight-routes-ksa-singapore-eye-stronger-trade-ties-plus-more-from-egypt-yallahub-and-mawani\/\">\r\n                            Saudi Arabia, China to launch two new flight routes + KSA, Singapore eye stronger trade ties. PLUS: More from Egypt, YallaHub, and Mawani                        <\/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\/09\/27\/saudi-arabia-china-to-launch-two-new-flight-routes-ksa-singapore-eye-stronger-trade-ties-plus-more-from-egypt-yallahub-and-mawani\/\" 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\/09\/27\/saudi-arabia-china-to-launch-two-new-flight-routes-ksa-singapore-eye-stronger-trade-ties-plus-more-from-egypt-yallahub-and-mawani\/')\">\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\/09\/27\/saudi-arabia-china-to-launch-two-new-flight-routes-ksa-singapore-eye-stronger-trade-ties-plus-more-from-egypt-yallahub-and-mawani\/\">\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=Saudi Arabia, China to launch two new flight routes + KSA, Singapore eye stronger trade ties. PLUS: More from Egypt, YallaHub, and Mawani&url=https:\/\/enterpriseam.com\/logistics\/2023\/09\/27\/saudi-arabia-china-to-launch-two-new-flight-routes-ksa-singapore-eye-stronger-trade-ties-plus-more-from-egypt-yallahub-and-mawani\/\">\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\/09\/27\/saudi-arabia-china-to-launch-two-new-flight-routes-ksa-singapore-eye-stronger-trade-ties-plus-more-from-egypt-yallahub-and-mawani\/&title=Saudi Arabia, China to launch two new flight routes + KSA, Singapore eye stronger trade ties. PLUS: More from Egypt, YallaHub, and Mawani\">\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=Saudi+Arabia%2C+China+to+launch+two+new+flight+routes+%2B+KSA%2C+Singapore+eye+stronger+trade+ties.+PLUS%3A+More+from+Egypt%2C+YallaHub%2C+and+Mawani+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F09%2F27%2Fsaudi-arabia-china-to-launch-two-new-flight-routes-ksa-singapore-eye-stronger-trade-ties-plus-more-from-egypt-yallahub-and-mawani%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\/09\/27\/saudi-arabia-china-to-launch-two-new-flight-routes-ksa-singapore-eye-stronger-trade-ties-plus-more-from-egypt-yallahub-and-mawani\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-73763\" class=\"content-area-description single-story post-73763 post type-post status-publish format-standard hentry category-also-on-our-radar tag-also-on-our-radar tag-aviation tag-e-commerce tag-egypt tag-enterprise-logistics tag-saudi-arabia tag-shipping-maritime 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\/9\/.178002dc-04d3-4066-b178-d2859e228ae9.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> AVIATION- <\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"> <strong> KSA\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/acp.gov.sa\/\" style=\"\" rel=\"noopener\">Air Connectivity Program (ACP)<\/a><\/strong><strong> has inked an agreement with <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.hainanairlines.com\/US\/US\/Home\" style=\"\" rel=\"noopener\">Hainan Airlines<\/a><\/strong><strong> to <\/strong><strong> launch two new routes connecting the kingdom with China<\/strong>, Saudi press agency <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/894097d93ft\" style=\"\" rel=\"noopener\">SPA<\/a> reports. The new routes mark the third and fourth air connections between the two countries, following the launch of national carrier Saudia\u2019s Riyadh-Beijing and Beijing-Riyadh service in August and an already existing connection between Jeddah and Guangzhou. Boosted tourism, trade, and cultural exchange are expected upshots of the increased travel capacity, SPA added. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> TRADE- <\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> KSA, Singapore look to boost trade and economic ties<\/strong>: Saudi Commerce Minister Majid bin Abdullah Al Qasabi led a kingdom\u2019s delegation of 36 officials from the private and public sectors to Singapore, in a bid to explore ways to strengthen economic and trade relations between the business sectors of both countries, according to a <a target=\"_blank\" href=\"https:\/\/mc.gov.sa\/en\/mediacenter\/News\/Pages\/25-09-23-01.aspx\" style=\"\" rel=\"noopener\">statement<\/a>. The visit comes ahead of the Saudi-Singapore business forum, which takes place tomorrow and will focus on the logistics, e-commerce and other tech sectors.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong> ALSO WORTH KNOWING- <\/strong><\/p>\n<ul>\n<li>E-commerce platform <strong> YallaHub <\/strong>will now<strong> feature <\/strong>its<strong> goods <\/strong>on quick delivery services <strong> WEE Marketplace <\/strong>as part of a recent partnership.(<a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/yallahub-partnering-with-wee-marketplace-to-digitalize-the-industry-smdux9al\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li>Saudi ports authority <strong> Mawani <\/strong>met with several<strong> French logistics and maritime firms <\/strong>during the <strong> Saudi-French Maritime Forum <\/strong> to discuss <strong> boosting bilateral trade<\/strong>. (<a target=\"_blank\" href=\"https:\/\/twitter.com\/MawaniKSA\/status\/1706569739701539321\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<li>Saudi Transport Minister <strong> Saleh Al Jasser <\/strong>met with COSCO Shipping Chairman<strong> Wan Min <\/strong>on the sidelines of the Global Sustainable Transport Forum to strengthen <strong> bilateral ties <\/strong> and explore economic partnerships between China and KSA. (<a target=\"_blank\" href=\"https:\/\/twitter.com\/SaudiTransport\/status\/1706342724658491912\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li>Egypt\u2019s <strong> General Authority for Investments and Freetrade Areas <\/strong> (GAFI) CEO Hosseim Heiba and <strong> Swiss Economic Affairs Minister <\/strong>Helen Budliger Artieda to discuss establishing a <strong> joint economic committee<\/strong>, as they look to expand partnerships in sectors including logistics, transport and industrial parks. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/GAFIEG\/posts\/pfbid0wuFJQ2QnA92DHjmbDkQKuEys9EWA2DK9FyDD9eF7FZmuxcFS7gGdPeNzxAhgKvNMl\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<li><strong> Egy <\/strong><strong> ptian President <\/strong>Abdel Fattah El Sisi met with <strong> Asian Infrastructure Investment <\/strong><strong> Bank <\/strong>(AIIB) <strong> President <\/strong>Jin Liquin on the sidelines of the <strong> Annual Meeting of the AIIB Board of Governors <\/strong> to discuss <strong> cooperation <\/strong>in<strong> transport <\/strong>and<strong> clean energy<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.presidency.eg\/en\/%D9%82%D8%B3%D9%85-%D8%A7%D9%84%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1\/%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1-%D8%B1%D8%A6%D8%A7%D8%B3%D9%8A%D8%A9\/news2592023-1\/\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/e-commerce\/\">e-commerce<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/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\/shipping-maritime\/\">SHIPPING + MARITIME<\/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=\"73765\" 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=\"73765\">\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\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/09\/27\/dhl-partners-with-german-firm-on-safs-alibaba-plans-to-list-logistics-unit-on-hong-kong-stock-exchange-plus-azerbaijan-turkey-eye-land-corridor-via-armenia\/\">\r\n                            DHL partners with German firm on SAFs + Alibaba plans to list logistics unit on Hong Kong Stock Exchange. PLUS: Azerbaijan, Turkey eye land corridor via Armenia                        <\/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\/09\/27\/dhl-partners-with-german-firm-on-safs-alibaba-plans-to-list-logistics-unit-on-hong-kong-stock-exchange-plus-azerbaijan-turkey-eye-land-corridor-via-armenia\/\" 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\/09\/27\/dhl-partners-with-german-firm-on-safs-alibaba-plans-to-list-logistics-unit-on-hong-kong-stock-exchange-plus-azerbaijan-turkey-eye-land-corridor-via-armenia\/')\">\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\/09\/27\/dhl-partners-with-german-firm-on-safs-alibaba-plans-to-list-logistics-unit-on-hong-kong-stock-exchange-plus-azerbaijan-turkey-eye-land-corridor-via-armenia\/\">\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=DHL partners with German firm on SAFs + Alibaba plans to list logistics unit on Hong Kong Stock Exchange. PLUS: Azerbaijan, Turkey eye land corridor via Armenia&url=https:\/\/enterpriseam.com\/logistics\/2023\/09\/27\/dhl-partners-with-german-firm-on-safs-alibaba-plans-to-list-logistics-unit-on-hong-kong-stock-exchange-plus-azerbaijan-turkey-eye-land-corridor-via-armenia\/\">\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\/09\/27\/dhl-partners-with-german-firm-on-safs-alibaba-plans-to-list-logistics-unit-on-hong-kong-stock-exchange-plus-azerbaijan-turkey-eye-land-corridor-via-armenia\/&title=DHL partners with German firm on SAFs + Alibaba plans to list logistics unit on Hong Kong Stock Exchange. 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Under a new JV, the three companies will capitalize on green hydrogen production in the country to generate up to 200k tons of SAF annually from a planned production plant in the eastern part of the country, with plans to later expand volumes up to 500k tons per year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> French Aerospace company Airbus \u2014 which <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e8230c15-8513-4dcd-9dbe-67e14f8bcd8c\" style=\"\" rel=\"noopener\">is already partnering<\/a><\/strong><strong> with UAE renewables giant Masdar on SAF production \u2014 also intends to join the consortium <\/strong> to use the jet fuel in a bid to meet EU climate targets mandating that 2% of fuel available at EU airports be sourced from SAF in 2025, and <a target=\"_blank\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_23_2389\" style=\"\" rel=\"noopener\">70% by 2050<\/a>. Meanwhile, Sasol, which has set a target to slash its emissions by 30% by 2030, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/05b81c18-e203-48ac-b8b8-1aeef14218fc\" style=\"\" rel=\"noopener\">signed an agreement<\/a> with Danish decarbonization company Topsoe in June to set up another SAF JV also relying on green hydrogen.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\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\"><strong> Chinese <\/strong><strong> e-commerce <\/strong><strong> gian <\/strong><strong> t <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.alibaba.com\/?src=sem_ggl&field=UG&from=sem_ggl&cmpgn=9922923274&adgrp=97780323022&fditm=&tgt=kwd-39910390&locintrst=&locphyscl=1005390&mtchtyp=e&ntwrk=g&device=c&dvcmdl=&creative=432272611615&plcmnt=&plcmntcat=&aceid=&position=&gad=1&gclid=CjwKCAjw6p-oBhAYEiwAgg2Pgjp0FDME7Ur5YmhDh8HMmEQN8dXbPMSazhRF5VMUpyzZfRnXP83SgRoCO_EQAvD_BwE\" style=\"\" rel=\"noopener\">Alibaba<\/a><\/strong><strong> is planning to list its Hong Kong logistics arm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/global.cainiao.com\/\" style=\"\" rel=\"noopener\">Cainiao<\/a><\/strong><strong> on the Hong Kong Stock Exchange <\/strong>as part of a plan to restructure and split itself into six units, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/alibaba-aims-spin-off-logistics-arm-cainiao-hong-kong-ipo-2023-09-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The company has submitted an application to list Cainiao, but the size of the offering and financial terms have not been finalized, the outlet writes, noting only that Alibaba \u2014 which currently owns a 69.54% stake \u2014 will retain more than 50% of the Cainiao shares. Cainiao has been eyeing an IPO since early May, where <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/alibaba-logistics-arm-eyes-up-2-billion-hong-kong-ipo-sources-2023-05-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported at the time that the logistics arm aimed to raise between USD 1-2 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Azerbaijan + Turkey eye land corridor through Armenia: <\/strong> Azerbaijan\u2019s President Ilham Aliyev and Turkish President Recep Tayyip Erdogan have discussed the prospects of creating a land corridor between their countries via Armenia, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/azerbaijani-turkish-leaders-hold-talks-eye-forging-land-corridor-via-armenia-2023-09-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The corridor could be situated in Azerbaijan\u2019s autonomous Nakhchivan area located in between Armenia, Turkey, and Iran, the outlet writes, though with one caveat: Armenia opposes the corridor. Aliyev previously discussed creating the corridor back in 2021, according to Reuters. The two presidents\u2019 visit comes soon after Azerbaijani forces entered into Nagorno-Karabakh to retake control over the region.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/fuel\/\">fuel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/renewable-energy\/\">renewable energy<\/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=\"73767\" 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\/09\/27\/73767\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-73767\" class=\"content-area-description single-story post-73767 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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>25-27 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aviationnews-online.com\/conferences\/dubai\/\" style=\"\">Airline Economics Growth Frontiers Middle East & Africa<\/a><\/span><span style=\"font-weight:400;\">, The Ritz-Carlton, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>25-27 September (Monday-Wednesday): Agriculture Horticulture Development Board\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ahdb.org.uk\/news\/trade-mission-to-kuwait-set-to-boost-uk-meat-export-opportunities-in-middle-eastern-market\" style=\"\">trade mission<\/a><\/span><span style=\"font-weight:400;\"> to Kuwait.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26-27 September (Tuesday-Wednesday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/details\/1395303201568\" style=\"\">Dubai World Congress for Self-Driving Transport<\/a><\/span><span>, Dubai World Trade Centre, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26-27 September (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gcciraqforum.com\/\" style=\"\">Gulf-Iraq Business Forum<\/a><\/span><span style=\"font-weight:400;\">, Sharjah Chamber of Commerce and Industry, UAE. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26-28 September (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/procureconeu.wbresearch.com\/\" style=\"\">ProcureCon<\/a><\/span><span style=\"font-weight:400;\">, Hyatt Regency Barcelona Tower, Spain.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26-28 September (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/americas.breakbulk.com\/home\" style=\"\">Breakbulk Americas<\/a><\/span><span style=\"font-weight:400;\">, George R. Brown Convention Center, Houston, Texas. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26-29 September (Tuesday- Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/railway-news.com\/event-exhibition\/10th-international-exhibition-of-rail-transportation-related-industries\/\" style=\"\">International Exhibition of Rail Transportation & Related Industries<\/a><\/span><span> (Iran Rail Expo), Teh<\/span><span style=\"font-weight:400;\">ran International Permanent Fairground, Tehran, Iran.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>27 September (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/tmstaccc.com\/\" style=\"\">TMS Transportation and Climate Change Conference<\/a><\/span><span style=\"font-weight:400;\"> (TACCC), Saadiyat Rotana Resort, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>27-28 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mroasia.aviationweek.com\/en\/home.html\" style=\"\">MRO Asia-Pacific<\/a><\/span><span style=\"font-weight:400;\">, Singapore Expo Convention and Exhibition Centre, Singapore.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>29 September (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/infra.economictimes.indiatimes.com\/global-ports-and-shipping-summit?msid=1865&batch_name=19510_Port&master_ref_id=MTAxNjQwMQ==&ag=promo_mailer_1865_26Sep23_1695724248_26sept&em=dGJha3JAZW50ZXJwcmlzZW1lYS5jb20=&utm_source=promotions&utm_medium=email&utm_campaign=microsite_B2B__2609231545_01_2023-09-26&ag=promo_mailer_1865_26Sep23_1695724248_26sept#\" style=\"\">Global Ports & Shipping Summit,<\/a><\/span><span> Taj Santacruz, Mumbai, India<\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>September-November: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/emirates-post-group-launches-logistics-unleashed-to-promote-robotic-advancements-within-the-logistics-industry-tesaybp8\" style=\"\">Emirates Postal Group\u2019s \u201cLogistics Unleashed\u201d competition<\/a><\/span><span style=\"font-weight:400;\">, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>Egypt\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sczone.eg\/\" style=\"\">Suez Canal Economic Zone<\/a><\/span><span> (SCZone) goes on a roadshow to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/sczone.eg\/sczone-receives-the-korean-ambassador-to-discuss-preparation-for-an-upcoming-promotional-tour\/\" style=\"\">South Korea<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>3-4 October (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/world-sustainability-symposium\/\" style=\"\">IATA World Sustainability Symposium<\/a><\/span><span style=\"font-weight:400;\">, Madrid, Spain. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>4 October (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:7107634052244860928\/\" style=\"\">Total Freight Worldwide\u2019s Fresh Summit 2023<\/a><\/span><span>, Madrid, Spain.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>8-10 October (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/english.aawsat.com\/business\/4551201-saudi-turkish-trade-summit-set-istanbul-october\" style=\"\">Saudi-Turkish Trade Summit<\/a><\/span><span style=\"font-weight:400;\">, Istanbul, Turkey.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>9-15 October (Monday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/meetings.imf.org\/\" style=\"\">2023 World Bank Group - IMF Annual Meetings<\/a><\/span><span style=\"font-weight:400;\">, Marrakech, Morocco.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>10-12 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aemobforum.com\/\" style=\"\">Autonomous E-mobility Forum<\/a><\/span><span style=\"font-weight:400;\">, Doha, Qatar.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>10-12 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.intermodal-events.com\/en\/media.html?utm_source=seatrade_maritime_news&utm_medium=skin_banner_1920_1080&utm_campaign=gbr23ime-sp-vispromregistrationcampaign\" style=\"\">Intermodal Europe 2023<\/a><\/span><span style=\"font-weight:400;\">, RAI Amsterdam, Netherlands.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>10-12 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/coollogisticsresources.com\/15th-cool-logistics-global-2023\/\" style=\"\">Cool Logistics Global 2023<\/a><\/span><span style=\"font-weight:400;\">, Genoa Stock Exchange, Genoa, Italy.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>16-17 October (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/duqm23.opaz.gov.om\/\" style=\"\">Duqm Economic Forum<\/a><\/span><span style=\"font-weight:400;\">, Crowne Plaza, Duqm, Oman.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>24-25 October (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/10times.com\/e1k2-53s3-fxhf\" style=\"\">Future Fuels Europe<\/a><\/span><span style=\"font-weight:400;\">, Amsterdam, Netherlands. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26-29 October (Thursday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iaasm.org\/news\/international-congress-of-aviation-and-space-medicine-icasm-2023\" style=\"\">ICASM 2023<\/a><\/span><span style=\"font-weight:400;\">, Conrad, Etihad Towers, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>30 Oct-2 Nov (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/xlprojects.net\/meeting\/xlp-agm-2023\/\" style=\"\">XLP AGM 2023<\/a><\/span><span style=\"font-weight:400;\">, Barcelona, Spain. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>30-31 October (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.gartner.com\/en\/conferences\/emea\/supply-chain-planning-uk\" style=\"\">Gartner Supply Chain Planning Summit<\/a><\/span><span style=\"font-weight:400;\">, London, UK. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>31 Oct-2 Nov (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iaphworldports.org\/iaph-world-ports-conference\/\" style=\"\">IAPH World Ports Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>September-November: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/emirates-post-group-launches-logistics-unleashed-to-promote-robotic-advancements-within-the-logistics-industry-tesaybp8\" style=\"\">Emirates Postal Group\u2019s \u201cLogistics Unleashed\u201d competition<\/a><\/span><span style=\"font-weight:400;\">, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>November: Abu Dhabi Airports <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adairports.ae\/english\/media-centre\/press-releases\/2023\/2023-08-31-New-Terminal-Starting-November-2023\" style=\"\">Terminal A<\/a><\/span><span style=\"font-weight:400;\"> set to become operational.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>11-13 November (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gcc-turkiye.net\/\" style=\"\">GCC-T\u00fcrkiye Economic Forum<\/a><\/span><span>,<\/span><span> \u00c7\u0131ra\u011fan Palace Kempinski Hotel, Istanbul, Turkey.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>9-15 November (Thursday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.intrafricantradefair.com\/en\" style=\"\">Intra-African Trade Fair<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>15-17 November (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.df-alliance.com\/events\/global-freight-summit\" style=\"\">Global Freight Summit 2023<\/a><\/span><span style=\"font-weight:400;\">, Coca Cola Arena, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>13-17 November (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dubaiairshow.aero\/dubai-airshow-2023-registration?gclid=Cj0KCQjwnrmlBhDHARIsADJ5b_mjD0l3EWpN08DVVI5axMlTTCljLWH7opPMHw05eUAgTXI2Ke7GOIQaAuQVEALw_wcB\" style=\"\">Dubai Airshow<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Center, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>14-15 November (Tuesday-Wednesday): <\/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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>14-17 November (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/programs\/ops-infra\/slots\/conference\/\" style=\"\">IATA Slot Conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Centre, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">21-23 November (Tuesday-Thursday): Touchdown Middle East, Gulf Hotel, Bahrain.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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:\/\/www.zawya.com\/en\/press-release\/events-and-conferences\/arabal-2023-conference-to-be-held-in-the-kingdom-of-saudi-arabia-xwmxj8fj\" style=\"\">ARABAL 2023 Conference<\/a><\/span><span style=\"font-weight:400;\">, Hilton Riyadh Hotel & Residences, Riyadh, Saudi Arabia. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>23 November (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/10times.com\/sclg-summit\" style=\"\">Global Supply Chain and Logistics Summit<\/a><\/span><span style=\"font-weight:400;\">, Grand Millennium Hotel Business Bay, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>30 November-3 December (Saturday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/10times.com\/handling-expo\" style=\"\">Handling Expo<\/a><\/span><span style=\"font-weight:400;\">, Egypt International Exhibition Center, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>September-November: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/emirates-post-group-launches-logistics-unleashed-to-promote-robotic-advancements-within-the-logistics-industry-tesaybp8\" style=\"\">Emirates Postal Group\u2019s \u201cLogistics Unleashed\u201d competition<\/a><\/span><span style=\"font-weight:400;\">, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>10-11 December (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/events\/investinlogistics6783236786333204480\/\" style=\"\">Invest in Logistics<\/a><\/span><span style=\"font-weight:400;\">, St.Regis Almasa Hotel, New Administrative Capital, Egypt.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">EVENTS WITH NO SET DATE<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>2H 2023:<\/span><span style=\"font-weight:400;\">Construction of Neom\u2019s first hydrogen fueling station will kick off.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">2H 2023: Expansion of Baghdad International Airport to begin.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">3Q 2023: Design and supervision contract for Oman\u2019s proposed Musandam Airport to be awarded.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">Before the end of the year: The first phase of the Ain Sokhna port redevelopment will wrap. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>1Q 2024: Construction of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/twitter.com\/Agility\/status\/1664177888365535232?cxt=HHwWgICz8Zy-rJguAAAA\" style=\"\">phase 3<\/a><\/span><span style=\"font-weight:400;\"> of Agility\u2019s logistic park in Abidjan, C\u00f4te d'Ivoire to be completed. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">1Q 2024: Egypt\u2019s Transport Ministry to launch pre-qualification tender for Cairo-Alex freight railway.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"\">King Salman Energy Park is set to become operational in 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">FEBRUARY 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>13th <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303180396\" style=\"\">World Trade Organization Ministerial Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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, South Africa. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>5-6 March (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/mromiddleeast.aviationweek.com\/en\/home.html\" style=\"\">MRO Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai Trade Center, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>12-14 March (Tuesday- Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/wcs\/\" style=\"\">IATA World Cargo Symposium<\/a><\/span><span style=\"font-weight:400;\">, Hong Kong International Airport, Hong Kong.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>20 March (Wednesday): Construction work scheduled to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/09\/18\/2957794\/iran-russia-finalizing-contract-for-constructing-rasht-astara-railway\" style=\"\">begin<\/a><\/span><span> on the 162 km <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/223b92ed-a104-4975-97a7-f7e0895b479b\" style=\"\">Rasht-Astara Railway<\/a><\/span><span style=\"font-weight:400;\"> in Iran.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;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;\">, Hotel President Wilson, Geneva, Switzerland.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>21-23 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/posts\/airports-council-international-asia-pacific_airportsinnovate-airport-riyadh-activity-7100771294358487040-tFm9\/?utm_source=share&utm_medium=member_desktop\" style=\"\">WAGA 2024<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>19-21 June (Wednesday-Friday): World <\/span><span>Freezones<\/span><span> Organization\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303182029\" style=\"\">Annual International Conference and Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Bari, Italy.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>13-15 November (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bahraininternationalairshow.com\/\" style=\"\">The Bahrain International Airshow<\/a><\/span><span style=\"font-weight:400;\">, Sakhir Airbase, Bahrain.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER 2024<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">10-12 December (Tuesday-Thursday): Middle East Business Aviation, DWC, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2025<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>Mid-2025: 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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">DHL and Aramco\u2019s logistics and procurement hub in Saudi Arabia will commence operations.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">1Q 2025: Sadr Park\u2019s Logistics Center in Riyadh to be completed. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">4Q 2027: Oman\u2019s Musandam Airport construction to be completed.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Water transportation project reaches financial close | Dark vessels on the rise | New China-KSA flights | Alibaba to IPO logistics unit<\/p>\n","protected":false},"featured_media":73752,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-73751","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"aa7df802-94cd-49aa-87ce-ef831bfb3734","teaser":"Water transportation project reaches financial close | Dark vessels on the rise | New China-KSA 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