{"id":74375,"date":"2023-10-24T01:15:00","date_gmt":"2023-10-24T01:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=74375"},"modified":"2025-12-15T13:32:51","modified_gmt":"2025-12-15T13:32:51","slug":"dark-clouds-on-the-horizon","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/dark-clouds-on-the-horizon\/","title":{"rendered":"Dark clouds on the horizon"},"content":{"rendered":"<section id=\"74377\" 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=\"74377\">\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\/10\/24\/today-global-supply-chains-are-in-for-a-tough-2024-iran-and-armenia-make-several-moves-to-boost-freight-traffic\/\">\r\n                            TODAY: Global supply chains are in for a tough 2024 + Iran and Armenia make several moves to boost freight traffic                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1169.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74378\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/today-global-supply-chains-are-in-for-a-tough-2024-iran-and-armenia-make-several-moves-to-boost-freight-traffic\/1169-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1169.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1169.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1169.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1169.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74377\" class=\"content-area-description single-story post-74377 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-aviation tag-enterprise-logistics tag-iran tag-oman tag-saudi-arabia 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\/10\/.fd90d452-a3bd-449c-8768-aad9e44d4575.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends. <\/strong>The news cycle has slowed down considerably since earlier in the week, with several shipping analysts and experts making subdued projections for the shipping industry over the next year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG LOGISTICS STORY-<\/strong><strong>Jordan\u2019s largest data center to launch by year\u2019s end:<\/strong>Aqaba Digital Hub(ADH) is set to launch the largest data center in Jordan, and one of the largest in the region, by the end of 2023 in Aqaba. The data center is set to have a capacity of 6 MW, and will cost some JD 100 mn to build.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^ We have everything on this story and more in the news well, below.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>HAPPENING TODAY-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PSA- <\/strong><strong>Oman's Salalah port is set to gradually restart operations today<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/article\/oman-port\/omans-salalah-port-to-gradually-restart-operations-on-tuesday-state-news-agency-idINS8N3B905B\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing state news agency ONA. The port was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/bfed71a9-a123-4ea1-a7df-824789fcd519\" style=\"\" rel=\"noopener\">temporarily closed<\/a> due to tropical cyclone Tej. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DISRUPTION WATCH-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a><strong>Hong Kong-based Cathay Pacific has suspended all flights <\/strong><strong>from Hong Kong to <\/strong><strong>Israel until the end of the year<\/strong> due to the ongoing \u201csituation in Israel,\u201d according to a company <a target=\"_blank\" href=\"https:\/\/www.cathaypacific.com\/cx\/en_IN\/prepare-trip\/travel-advisories\/latest-situation-in-tlv.html\" style=\"\" rel=\"noopener\">statement<\/a>. Customers who previously purchased tickets through 31 March 2024, have the option to \u201crebook, reroute or refund their travel without the usual fee,\u201d the statement added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lebanon\u2019s Middle East Airways (MEA) has relocated <\/strong><strong>most <\/strong><strong>of its fleet from Beirut to neighboring countries<\/strong> amid the war in Gaza and changes to the airline\u2019s ins. coverage policy, <a target=\"_blank\" href=\"https:\/\/simpleflying.com\/middle-east-airlines-moves-jets\/\" style=\"\" rel=\"noopener\">Simple Flying<\/a> reports. MEA\u2019s ins. coverage for war risks was reduced by almost 80%, Simple Flying adds, citing MEA Chairman Mohamed Al Hout. MEA had <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/9869e4ee-b0c8-430f-8737-3621485d8d61\" style=\"\" rel=\"noopener\">previously parked<\/a> five of its 25 planes in Turkey\u2019s Istanbul Airport, and another 10 planes are set to be moved to Cyprus, Oman, Qatar, and other nearby countries, Simple Flying reports, citing Airways Magazine. The airline is now operating a fraction of its fleet as a result of the relocations, with only eight flights operational during the move. <\/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\"><a id=\"wwtt2\"><\/a><strong> WATCH THIS SPACE #1-<\/strong><strong>Tariffs on goods traded between Iran and Russia are set <\/strong><strong>to be eliminated by early 2024<\/strong>, Iran\u2019s state-owned Islamic Republic News Agency <a target=\"_blank\" href=\"https:\/\/en.irna.ir\/news\/85266406\/Iran-Russia-to-start-free-trade-by-early-2024\" style=\"\" rel=\"noopener\">IRNA<\/a> reports, citing member of the Iran-Russia Joint Chamber of Commerce Kambiz Mirkarim as saying. Non-USD trade and new border customs between the two countries and Armenia and Belarus could soon follow, according to <a target=\"_blank\" href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/10\/22\/2975837\/no-trade-tariffs-between-iran-russia-by-yearend-official\" style=\"\" rel=\"noopener\">Tansim<\/a> news agency. \u201cConsidering the development of economic relations between Iran and the members of the Eurasian Economic Union (EAEU), the problems of economic operators in various areas including customs, tariffs, and competitive market will be resolved by the end of the year,\u201d Mirkarimi said, according to a separate <a target=\"_blank\" href=\"https:\/\/www.tehrantimes.com\/news\/490407\/Tariffs-on-Russian-trades-to-go-zero-by-late-March-2024\" style=\"\" rel=\"noopener\">Tasnim<\/a> report.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> This builds on <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/0e4b9720-954f-4377-bf1c-0b2d4da0fe62\" style=\"\" rel=\"noopener\">previous talks<\/a> to establish a trade agreement between Iran and the EAEU \u2014 a unified economic space comprising Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia \u2014 by the end of the year. Iran has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/0e168dee-ff1e-43ec-9313-8dbc4c93a483\" style=\"\" rel=\"noopener\">held talks<\/a> with Belarus to discuss using the two countries\u2019 national currencies in bilateral trade. It <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f87d88a2-b7fe-409e-9c55-bdbd85147091\" style=\"\" rel=\"noopener\">also discussed<\/a> cutting tariffs and rolling out e-customs procedures for crossborder truck movements with Armenia.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt3\"><\/a> <strong>SPEAKING OF IRAN-ARMENIA RELATIONS-<\/strong><strong>The two countries<\/strong><strong> agreed to construct another bridge over the Aras river<\/strong>, which passes through Armenia and Iran, to support the current bridge, which doesn\u2019t have sufficient throughput capacity, Armenian news agency <a target=\"_blank\" href=\"https:\/\/en.apa.az\/asia\/iran-armenia-to-construct-one-more-bridge-over-araz-river-414768\" style=\"\" rel=\"noopener\">APA<\/a> reports. Tehran and Yerevan are looking to create a working group to build the bridge, which will help boost freight traffic, Iranian Roads and Urban Development Minister Mehrdad Bazrpash is quoted as saying. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The two countries also agreed to scrap road duties for trucks moving between them<\/strong>, <a target=\"_blank\" href=\"https:\/\/interfax.com\/newsroom\/top-stories\/95732\/\" style=\"\" rel=\"noopener\">Interfax<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WATCH THIS SPACE #2- Saudi-Omani committee plan Saudi-Omani firm to manage and operate Ezad: <\/strong>TheSaudi-Omani <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/bb20cc59-a8e4-4156-b823-c3222808b045\" style=\"\" rel=\"noopener\">committee<\/a> overseeing the development of the Integrated Economic Zone at Al Dhahirah Governorate (Ezad) in Oman discussed the latest efforts in establishing a Omani-Saudi company to manage and operate Ezad, according to <a target=\"_blank\" href=\"https:\/\/www.omannews.gov.om\/topics\/en\/80\/show\/114577\" style=\"\" rel=\"noopener\">Oman News Agency (ONA)<\/a>. The committee also discussed a request submitted by Al Dhahirah Company to set up a one-stop shop at the Ezad land port, ONA reports, without clarifying its exact uses. <\/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>DATA POINT-<\/strong><strong>A<\/strong><strong>verage warehouse rent prices in Riyadh saw a 20% increase in <\/strong><strong>1H 2023<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/research-and-studies\/riyadh-warehouse-rents-rise-20-during-h1-2023-at4pnvld\" style=\"\" rel=\"noopener\">press release<\/a> by real estate consultancy Knight Frank. The Saudi warehouse market is continuing to face shortages and is projected to experience further jumps in rent prices amid soaring demand for storage and last-mile logistics facilities, the press release adds. Average rents in Riyadh currently stand at SAR 190 per square meter, and at SAR 205 per square meter in Jeddah. Meanwhile, the Dammam Metropolitan Area (DMA) saw an average increase of 14% in warehouse rents, taking them to an average of SAR 230 per square meter.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MARKET WATCH-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt4\"><\/a><strong> Global supply chains face serious risk in 2024<\/strong> on the back of expected increases in ocean freight shipping rates, according to <a target=\"_blank\" href=\"https:\/\/www.xeneta.com\/news\/xeneta-forecasts-a-stormy-2024-with-ocean-freight-rates-set-to-rise\" style=\"\" rel=\"noopener\">analysis<\/a> by ocean and air freight market analytics platform <a target=\"_blank\" href=\"https:\/\/www.xeneta.com\/\" style=\"\" rel=\"noopener\">Xeneta<\/a>. Global ocean freight rates have plummeted by some 60% in 2023, \u201cso low that shipping liner companies are effectively subsidizing businesses to transport their goods around the world,\u201d Xeneta CEO Patrik Berglund said, stressing that \u201cthe big shipping liner companies won\u2019t allow this to continue and will jack up prices.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shippers could backtrack on unprofitable contracts:<\/strong> Xeneta is cautioning companies that have committed to extended contracts with shipping liner companies based on the lower prices of 2023 that they might be the first to suffer if the market undergoes a shift. \u201cThe shipping liner companies will look at contracts agreed in 2023 and, in many cases, deem them non-profitable,\u201d Berglund said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dark clouds on the horizon: <\/strong>The ongoing worldwide economic slump has led to lower consumer spending and a decreased demand for products, which typically does not bode well for the shipping sector, Xeneta explained. \u201cI think about underlying weak macro-economics; inflation, interest rates, cost of living and reduced global consumption of goods. On top of that you have turmoil across the world, whether it is in Ukraine or the Middle East, so there are some heavy dark skies in the horizon for the shipping industry,\u201d Berglund said. <\/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>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>SCZone is in China: <\/strong>A delegation from Egypt\u2019s <a target=\"_blank\" href=\"https:\/\/sczone.eg\/\" style=\"\" rel=\"noopener\">Suez Canal Economic Zone<\/a> (SCZone), led by Chairman Walid Gamal El-Din, is on <a target=\"_blank\" href=\"https:\/\/sczone.eg\/ar\/%d9%85%d9%86-%d9%87%d8%a7%d9%86%d8%ba%d8%aa%d8%b4%d9%88-%d9%84%d8%b3%d9%88%d8%ac%d9%87%d9%88-%d8%a7%d9%82%d8%aa%d8%b5%d8%a7%d8%af%d9%8a%d8%a9-%d9%82%d9%86%d8%a7%d8%a9-%d8%a7%d9%84%d8%b3%d9%88%d9%8a\/\" style=\"\" rel=\"noopener\">tour<\/a> in China in the provinces of Suzhou and Hefei, after visiting Hangzhou to drum up investments from Chinese companies into Egypt\u2019s textile and garment industry and establish projects in the West Qantara Industrial Zone. <\/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.parcelandpostexpo.com\/en\/\" style=\"\" rel=\"noopener\">Parcel + Post Expo 2023<\/a><\/strong><strong> kicks off today and runs through to Thursday<\/strong><strong> in RAI Amsterdam, <\/strong><strong>Neth<\/strong><strong>erlands.<\/strong> The event brings together industry experts to network, showcase technologies, with a live conference featuring expert industry analysis and opinion. <\/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:\/\/www.mofa.go.jp\/ms\/g7tm\/page22e_001045.html\" style=\"\" rel=\"noopener\">G7 Trade Ministers<\/a><\/strong><strong> meeting will take place at the Osaka International Convention <\/strong><strong>Center in Sakai, Osaka, Japan between 28 and 29 October.<\/strong> The event will bring together trade ministers from Canada, France, Germany, Italy, United States, United Kingdom, Germany and the European Union to discuss the changing environment surrounding trade, and growth of the global economy. <\/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.dpmc.ae\/\" style=\"\" rel=\"noopener\">Dubai Precious Metals Conference 2023<\/a><\/strong><strong> is taking place on 20-21 November <\/strong><strong>2023 at the ballroom at the SO\/ Uptown Dubai in the UAE.<\/strong> The event will bring together industry experts, innovators, and leaders to discuss emerging trends, technologies, and strategies driving the metals 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\"><strong>Etihad Cargo will host the third iteration of <\/strong><strong><a target=\"_blank\" href=\"https:\/\/aircargoevent.net\/about-event\/\" style=\"\" rel=\"noopener\">ACE<\/a><\/strong><strong> in Abu Dhabi between 4 and 6 December<\/strong>. The conference brings together air cargo industry executives with expert speaker debates, workshops, and networking via a one-to-one meeting scheduler and in-person meetings. The event will focus on the air cargo sector in the Middle East. <\/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=\"http:\/\/www.eaeunion.org\/?lang=en\" style=\"\" rel=\"noopener\">Eurasian Economic Union<\/a><\/strong><strong> (EAEU) <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/10\/17\/2973206\/tehran-to-host-2nd-eurasia-expo-tpoi-chief\" style=\"\" rel=\"noopener\">exhibition<\/a><\/strong><strong> is taking place from 4 to 7 <\/strong><strong>December at Tehran Permanent International Fairgrounds in Tehran, Iran<\/strong>. The exhibition will be attended by EAEU members, members of the Shanghai Cooperation Organization, and the Persian Gulf Cooperation Council, and will bring together domestic and foreign companies in the industrial, mineral, and agricultural fields to showcase their latest products at the event. Seminars and conferences on transport, trade, and tourism will take place on the sidelines of the event.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;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        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\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\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/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\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/zones\/\">ZONES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n       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Centers<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/adh-to-launch-jd-100-mn-data-center-in-aqaba-by-the-end-of-the-year\/\">\r\n                            ADH to launch JD 100 mn data center in Aqaba by year\u2019s end                        <\/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\/10\/24\/adh-to-launch-jd-100-mn-data-center-in-aqaba-by-the-end-of-the-year\/\" target=\"_blank\">\n                    Open in new tab                    <!-- 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      <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=ADH+to+launch+JD+100+mn+data+center+in+Aqaba+by+the+end+of+the+year+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F10%2F24%2Fadh-to-launch-jd-100-mn-data-center-in-aqaba-by-the-end-of-the-year%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\/10\/24\/adh-to-launch-jd-100-mn-data-center-in-aqaba-by-the-end-of-the-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1156.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74381\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/adh-to-launch-jd-100-mn-data-center-in-aqaba-by-the-end-of-the-year\/1156-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1156.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1156.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1156.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1156.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74380\" class=\"content-area-description single-story post-74380 post type-post status-publish format-standard has-post-thumbnail hentry category-data-centers tag-data-centers tag-digitization tag-enterprise-logistics tag-jordan 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\/10\/.a6fdba5b-0490-4766-b76c-ffa712520b1d.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Jordan\u2019s largest data center to be ready by year\u2019s end:<\/strong><a target=\"_blank\" href=\"http:\/\/www.aqabadh.com\/default.aspx?l=1&pg=1\" style=\"\" rel=\"noopener\">Aqaba Digital Hub<\/a> (ADH) is set to launch the largest data center in Jordan, and one of the largest in the region, by the end of 2023 in Aqaba, Jordanian news agency <a target=\"_blank\" href=\"https:\/\/petra.gov.jo\/Include\/InnerPage.jsp?ID=53824&lang=en&name=en_news\" style=\"\" rel=\"noopener\">Petra<\/a> cites ADH CEO Eyad Abu Khorma as saying. The data center is set to have a capacity of 6 MW, and will cost some JD 100 mn to build, Petra cites Khorma as saying in an interview.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know:<\/strong> The project comes in a bid to create a secure platform for sensitive data, serving as a primary data center, as well as a backup center for disaster recovery purposes. The new data center has been linked to a neutral internet exchange point \u2014 <a target=\"_blank\" href=\"https:\/\/www.aqabaix.com\/\" style=\"\" rel=\"noopener\">AqabaIX<\/a> \u2014 which enables the data exchange between the data center and local telecommunication companies, internet service providers, and digital providers, Khorma added. AqabaIX is an interconnection hub located in Aqaba that provides terrestrial and submarine cables access, offering its users access to hundreds of networks, according to its <a target=\"_blank\" href=\"https:\/\/www.aqabaix.com\/\" style=\"\" rel=\"noopener\">website<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADH is a key connection point for the region: <\/strong>ADH hosts the data center, along with fiber optic networks and internet exchange to cloud platforms, with an open access policy that allows it to connect the Middle East with more countries in Europe, Asia and Africa, according to its <a target=\"_blank\" href=\"http:\/\/www.aqabadh.com\/default.aspx?l=1&pg=1#section2\" style=\"\" rel=\"noopener\">website<\/a>. <\/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\/data-centers\/\">DATA CENTERS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/digitization\/\">digitization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"74382 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            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id=\"74383\" 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=\"74383\">\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\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/qatars-milaha-records-a-decline-in-net-income-in-3q-2023-due-to-falling-container-volumes-easylease-sees-bottomline-fall-amid-expansion-efforts\/\">\r\n                            Qatar\u2019s Milaha records a 73.9% decline in net income in 3Q 2023 due to falling container volumes + EasyLease sees bottomline fall amid expansion efforts                        <\/a>\r\n    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in net income in 3Q 2023 due to falling container volumes + EasyLease sees bottomline fall amid expansion efforts&url=https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/qatars-milaha-records-a-decline-in-net-income-in-3q-2023-due-to-falling-container-volumes-easylease-sees-bottomline-fall-amid-expansion-efforts\/\">\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\/10\/24\/qatars-milaha-records-a-decline-in-net-income-in-3q-2023-due-to-falling-container-volumes-easylease-sees-bottomline-fall-amid-expansion-efforts\/&title=Qatar\u2019s Milaha records a decline in net income in 3Q 2023 due to falling container volumes + EasyLease sees bottomline fall amid expansion 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         <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/qatars-milaha-records-a-decline-in-net-income-in-3q-2023-due-to-falling-container-volumes-easylease-sees-bottomline-fall-amid-expansion-efforts\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/987.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74384\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/qatars-milaha-records-a-decline-in-net-income-in-3q-2023-due-to-falling-container-volumes-easylease-sees-bottomline-fall-amid-expansion-efforts\/987-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/987.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"987.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/987.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/987.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74383\" class=\"content-area-description single-story post-74383 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-earnings-watch tag-enterprise-logistics tag-qatar 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\/10\/.fc942193-cdc3-4d8e-842f-577f3bb4e496.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Qatari ocean carrier<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.milaha.com\/\" style=\"\" rel=\"noopener\">Milaha<\/a><\/strong><strong>\u2019s bottom line <\/strong><strong>fell 73.94% y-o-y to QAR 222 mn in 3Q <\/strong><strong>2023<\/strong>, according to Enterprise Logistics calculations based on its financials (<a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/10\/1131.pdf\" style=\"\" rel=\"noopener\">pdf<\/a>). Operating revenues during the period fell 3.3% y-o-y to QAR 720 mn, according to our math. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a 9M basis:<\/strong> The company\u2019 net income increased 2% y-o-y to QAR 870 mn in 9M 2023, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/10\/1123.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. Meanwhile, operating revenues for the period came in at QAR 2.2 bn, down 12.9% from 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>Milaha felt the impacts of falling shipping rates:<\/strong>The company\u2019s maritime and logistics segment \u2014 which covers the group\u2019s port services, container shipping, and other activities \u2014 saw a 96% y-o-y fall in net income to QAR 9 mn in 9M 2023, on the back of a steep drop in container rate and volumes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the bright side:<\/strong> Its gas and petrochem segment\u2019s bottomline recorded an 8% y-o-y increase to QAR 506 mn in 9M 2023, underpinned by increased revenues for its first floating storage and offloading vessel, as well as LNG vessel income. Milaha Offshore\u2019s net income also jumped 132% y-o-y to QAR 153 mn during the same period, driven by higher project incomes and better use of key diving assets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead: <\/strong>The company\u2019s maritime and logistics segment is expected to continue seeing decreased container shipping rates, while its warehousing and freight forwarding activities will likely remain muted in 4Q 2023, according to its earnings presentation. On the brightside, its offshore segment will likely continue to see strong performance on the back of strong oil and gas activities in Qatar, while gas and petrochem segment projects should see steady earnings from its long-term fixed contracts. <\/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>ADX-listed mobility solutions company and International Holding Company <\/strong><strong>subsidiary <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.easylease.ae\/\" style=\"\" rel=\"noopener\">EasyLease<\/a><\/strong><strong>\u2019s bottomline fell 19% y-o-y to AED 26.5 mn in 3Q 2023<\/strong>, according to an <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/easylease-maintains-profitability-and-strong-revenue-growth-in-q3-2023-byol54zc\" style=\"\" rel=\"noopener\">earnings<\/a><a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/easylease-maintains-profitability-and-strong-revenue-growth-in-q3-2023-byol54zc\" style=\"\" rel=\"noopener\">release<\/a>. The company\u2019s topline grew 35.6% y-o-y to AED 211.8 mn during the same period. The drop in net income comes as the company continues to make investments in its long-term business expansion plan, including expanding into Saudi Arabia and Bahrain, as well as tapping new verticals, the earnings release said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cWhile our new investments may have affected some of our quarterly figures, we view it as a transient impact and remain steadfast in our commitment to long-term sustainability and the realization of our ambitious objectives laid out in our 2025 strategic plan,\u201d CEO Ahmad Al Sadah said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead:<\/strong> EasyLease is looking into using unmanned aerial vehicles (UAVs) to transport goods as well as increasing its decarbonization efforts in last-mile delivery across the UAE and the broader 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\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"74385\" 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=\"74385\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/saudi-arabia-south-korea-ink-mous-to-boost-transport-ties-uae-singapore-to-boost-trade-plus-more-from-iraq-egypt-jordan-iran-and-saudi-arabia\/\">\r\n                            Saudi Arabia, South Korea ink MoUs to boost transport ties + UAE, Singapore to boost trade. PLUS: More from Iraq, Egypt Jordan, Iran and Saudi Arabia                        <\/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\/10\/24\/saudi-arabia-south-korea-ink-mous-to-boost-transport-ties-uae-singapore-to-boost-trade-plus-more-from-iraq-egypt-jordan-iran-and-saudi-arabia\/\" 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\/10\/24\/saudi-arabia-south-korea-ink-mous-to-boost-transport-ties-uae-singapore-to-boost-trade-plus-more-from-iraq-egypt-jordan-iran-and-saudi-arabia\/')\">\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\/10\/24\/saudi-arabia-south-korea-ink-mous-to-boost-transport-ties-uae-singapore-to-boost-trade-plus-more-from-iraq-egypt-jordan-iran-and-saudi-arabia\/\">\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, South Korea ink MoUs to boost transport ties + UAE, Singapore to boost trade. PLUS: More from Iraq, Egypt Jordan, Iran and Saudi Arabia&url=https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/saudi-arabia-south-korea-ink-mous-to-boost-transport-ties-uae-singapore-to-boost-trade-plus-more-from-iraq-egypt-jordan-iran-and-saudi-arabia\/\">\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\/10\/24\/saudi-arabia-south-korea-ink-mous-to-boost-transport-ties-uae-singapore-to-boost-trade-plus-more-from-iraq-egypt-jordan-iran-and-saudi-arabia\/&title=Saudi Arabia, South Korea ink MoUs to boost transport ties + UAE, Singapore to boost trade. PLUS: More from Iraq, Egypt Jordan, Iran and Saudi Arabia\">\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+South+Korea+ink+MoUs+to+boost+transport+ties+%2B+UAE%2C+Singapore+to+boost+trade.+PLUS%3A+More+from+Iraq%2C+Egypt+Jordan%2C+Iran+and+Saudi+Arabia+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F10%2F24%2Fsaudi-arabia-south-korea-ink-mous-to-boost-transport-ties-uae-singapore-to-boost-trade-plus-more-from-iraq-egypt-jordan-iran-and-saudi-arabia%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\/10\/24\/saudi-arabia-south-korea-ink-mous-to-boost-transport-ties-uae-singapore-to-boost-trade-plus-more-from-iraq-egypt-jordan-iran-and-saudi-arabia\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74385\" class=\"content-area-description single-story post-74385 post type-post status-publish format-standard hentry category-diplomacy tag-diplomacy tag-egypt tag-enterprise-logistics tag-jordan tag-saudi-arabia tag-south-korea tag-trade tag-transport 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\/10\/.ab55f96f-a34b-4c31-9e46-8b9e1ca996b7.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Saudi Arabia + South Korea set to boost transport cooperation: <\/strong>SouthKorean President Yeon Suk-yeol held discussions with Saudi Investment Minister Khalid bin Abdulaziz Al-Falih, as well as several other high-level officials, during the Saudi-Korean Investment Forum held in Riyadh, on boosting transportation ties, Saudi press agency <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N1984320\" style=\"\" rel=\"noopener\">SPA<\/a> reports. The countries inked 52 MoUs, with 42 MoUs centered on enhancing cooperation in transportation, infrastructure, and other sectors. Saudi Arabia\u2019s Public Investment Fund (PIF) <a target=\"_blank\" href=\"https:\/\/en.yna.co.kr\/view\/AEN20231023002500320\" style=\"\" rel=\"noopener\">also inked<\/a> an agreement with Korean car manufacturer Hyundai Motor to establish a car assembly plant in the kingdom. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO WORTH KNOWING-<\/strong><\/p>\n<ul>\n<li><strong>UAE President <\/strong>Mohamed bin Zayed Al Nahyan met with<strong>Singaporean Prime <\/strong><strong>Minister <\/strong>Lee Hsien Loong to discuss <strong>enhancing bilateral cooperation<\/strong> in several sectors, including <strong>trade<\/strong>. (<a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/details\/1395303212332\" style=\"\" rel=\"noopener\">WAM<\/a>) <\/li>\n<li><strong>Head of the Trade Promotion Organization of Iran<\/strong> (TPOI) Mehdi Zeyghami met with <strong>Saudi Ambassador<\/strong> Abdullah bin Saud Al Anzi to discuss <strong>strengthening trade cooperation<\/strong> between the two countries. (<a target=\"_blank\" href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/10\/23\/2976508\/iranian-saudi-officials-discuss-enhancing-bilateral-trade-cooperation\" style=\"\" rel=\"noopener\">Tasnim News Agency<\/a>) <\/li>\n<li><strong>I<\/strong><strong>raqi Transport Minister<\/strong> Razzaq Al Sadawi met with his<strong> Egyptian<\/strong><strong>counterpart<\/strong> Kamel Al Wazir and his <strong>Jordanian counterpart <\/strong>Wissam Tahtamouni to discuss <strong>cooperating on joint transport projects<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/mot.iraq\/posts\/pfbid02Qp6P727Ne9sMJdEGExuwbB5sKrxnPFm5SmW15xTgYRjUiNkGJtWWATMdA9vGvstdl?locale=ar_AR\" 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\/diplomacy\/\">DIPLOMACY<\/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\/jordan\/\">Jordan<\/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\/south-korea\/\">South Korea<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"74387\" 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=\"74387\">\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\">Logistics in the News<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/cma-cgm-chief-sees-shipping-rates-continuing-to-normalize-well-into-next-year-while-bloombergs-out-with-an-op-ed-on-global-crises-impact-on-freight-rates\/\">\r\n                            CMA CGM chief sees shipping rates continuing to normalize well into next year, while Bloomberg\u2019s out with an op-ed on global crises\u2019 impact on freight rates                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div 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shipping rates continuing to normalize well into next year, while Bloomberg\u2019s out with an op-ed on global crises\u2019 impact on freight rates&url=https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/cma-cgm-chief-sees-shipping-rates-continuing-to-normalize-well-into-next-year-while-bloombergs-out-with-an-op-ed-on-global-crises-impact-on-freight-rates\/\">\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\/10\/24\/cma-cgm-chief-sees-shipping-rates-continuing-to-normalize-well-into-next-year-while-bloombergs-out-with-an-op-ed-on-global-crises-impact-on-freight-rates\/&title=CMA CGM chief sees shipping rates continuing to normalize well into next year, while 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<\/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\/10\/24\/cma-cgm-chief-sees-shipping-rates-continuing-to-normalize-well-into-next-year-while-bloombergs-out-with-an-op-ed-on-global-crises-impact-on-freight-rates\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1121.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74388\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/cma-cgm-chief-sees-shipping-rates-continuing-to-normalize-well-into-next-year-while-bloombergs-out-with-an-op-ed-on-global-crises-impact-on-freight-rates\/1121-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1121.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1121.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1121.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1121.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74387\" class=\"content-area-description single-story post-74387 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-market-watch 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\/10\/.373ad81c-72c5-44a8-9f3b-4b16c6d35429.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>CMA C<\/strong><strong>GM head doesn\u2019t see shipping headwinds subsiding anytime soon, but no <\/strong><strong>need to panic:<\/strong> CMA CGM CEO Rodolphe Saad\u00e9 has said that the rapid decline in profits seen recently by carriers represents a readjustment to pre-pandemic levels, reported the <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/cma-cgms-saade-urges-calm-as-ocean-carrier-profits-plummet-48754f7d\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a>. The head of the world\u2019s third largest carrier expects little change over the coming year as the sector contends with sluggish demand, falling rates, and overcapacity. \u201cWe expect more tension in the months to come,\u201d Saad\u00e9 is quoted as saying, adding that 2024 will probably look a lot like 2H 2023, barring an \u201cexceptional crisis.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the numbers:<\/strong> Combined carrier bottomlines were USD 8.9 bn in 2Q 2023, down USD 54 bn from the same period last year, according to industry analyst numbers cited by the report. Freight rates have also seen a sharp fall, dropping between 48% to 67% in comparison to the same period last year, according to Sea-Intelligence data cited by the report.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What do global crises do to carriers anyway?<\/strong><strong>They send rates soaring.<\/strong> Despite a downward trend in shipping rates post-pandemic, global shippers are benefiting from a temporary spike as short-term shocks disrupt supply chains, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/opinion\/articles\/2023-10-22\/shippers-hate-recessions-but-love-crises\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported. Droughts, backlogs at the Panama Canal, and the Hamas-Israel war have seen the Baltic Dry Index \u2014 a widely followed benchmark for dry goods shipment rates \u2014 nearly double since September, while the the Baltic Dirty Tanker Index \u2014 an equivalent benchmark for crude oil \u2014 is up 50% so far this month, according to figures cited by Bloomberg. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But there is no guarantee that this will last:<\/strong> A worsening global economic outlook means that freighters should not pin their hopes on a rebound in trade and a long-term increase in shipping rates, columnist Tim Culpan writes for Bloomberg. Nonetheless, historical evidence has shown that short-term shocks, such as the pandemic and Russia\u2019s invasion of Ukraine, and vessel capacity are much more important determinants of shipping rates, the report added. <\/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\/market-watch\/\">market watch<\/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=\"74389\" 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=\"74389\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/qatar-airways-group-ceo-akbar-al-baker-steps-down-after-27-year-tenure\/\">\r\n                            Qatar Airways Group CEO Akbar Al Baker steps down after 27-year tenure                        <\/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\/10\/24\/qatar-airways-group-ceo-akbar-al-baker-steps-down-after-27-year-tenure\/\" 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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Al Baker has been at the helm of Qatar Airways since three years after its launch in 1997, and has overseen its growth into a major international and regional airline. \u201cIt has been an incredible privilege to lead such an exceptional global team and the honor of a lifetime to serve my country,\u201d Al Baker told company staff, according to <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/qatarliving-com_intro-after-27-years-at-the-helm-qatar-airways-activity-7122198480160243712-59z1\/?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">Qatar Living<\/a>. Al Baker also serves as CEO of Hamad International Airport. <strong>He will be succeeded by<\/strong><strong>Hamad International Airport COO Badr Mohammed Al Meer<\/strong>, according to Reuters.<\/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\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/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=\"74391\" 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=\"74391\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/indias-ipgl-looks-to-the-uae-for-equipment-for-irans-chabahar-port-more-customs-digitization-in-dubai\/\">\r\n                            India\u2019s IPGL looks to the UAE for equipment for Iran\u2019s Chabahar port + more customs digitization in Dubai. PLUS: More aviation, energy, and e-commerce news                        <\/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\/10\/24\/indias-ipgl-looks-to-the-uae-for-equipment-for-irans-chabahar-port-more-customs-digitization-in-dubai\/\" 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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photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1138.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74392\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/indias-ipgl-looks-to-the-uae-for-equipment-for-irans-chabahar-port-more-customs-digitization-in-dubai\/1138-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1138.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1138.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1138.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1138.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74391\" class=\"content-area-description single-story post-74391 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-aviation tag-customs tag-energy tag-enterprise-logistics tag-iran tag-qatar 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\/10\/.3f824ca9-52af-4f1d-b122-6a46bc6865a7.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SHIPPING + MARITIME- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India\u2019s <\/strong><strong>IPGL to source equipment from Gulf-based firms to use at Iran\u2019s Chabahar <\/strong><strong>Port: <\/strong>India\u2019s state-owned <a target=\"_blank\" href=\"http:\/\/www.ipgl.co.in\/\" style=\"\" rel=\"noopener\">India Ports Global<\/a> (IPGL), which was formed to develop and run Iran\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4e240c8b-2fd0-43d9-b382-cd4b896bbf29\" style=\"\" rel=\"noopener\">Chabahar Port<\/a>,is reportedly looking to purchase cranes and other container handling equipment from entities based in the Gulf for use at the port, <a target=\"_blank\" href=\"https:\/\/infra.economictimes.indiatimes.com\/news\/ports-shipping\/india-to-use-gulf-based-entities-to-source-equipment-for-chabahar-port\/104637868\" style=\"\" rel=\"noopener\">ETInfra<\/a> quotes a government source it says has knowledge of the matter. IPGL is scrapping tenders issued a year ago to acquire equipment for the port and is now looking at different suppliers from Abu Dhabi, Dubai or Sharjah, a government source with knowledge of the matter told the outlet. Multiple attempts to purchase equipment since 2017 had failed due to suppliers being wary of contracts with Iran due to sanctions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.38;orphans:2;widows:2;text-align:left\"><strong>AVIATION- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emirates SkyCargo services can now be booked on Kuehne+Nagel: <\/strong>Emirates SkyCargo has established a direct host-to-host link with <a target=\"_blank\" href=\"https:\/\/home.kuehne-nagel.com\/\" style=\"\" rel=\"noopener\">Kuehne+Nagel<\/a>, making it accessible on the freight forwarder\u2019s booking engine, according to a <a target=\"_blank\" href=\"https:\/\/www.skycargo.com\/media-centre\/emirates-skycargo-launches-direct-host-to-host-connection-with-kuehnenagel\/\" style=\"\" rel=\"noopener\">press release<\/a>. The direct connection will ease booking processes for Kuehne+Nagel agents, allowing access to the SkyCargo\u2019 schedules, rates and available capacity. The freight forwarder has made bookings for Emirates SkyCargo available in Switzerland and Austria, with plans to roll it out for customers in some countries across Europe, the Americas, Africa, Asia and Oceania by the end of 2023. The service is currently available for general cargo, with potential to soon incorporate other product solutions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ENERGY-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar <\/strong><strong>inks another gas supply contract with Europe:<\/strong> Affiliates of QatarEnergy and Italian energy company <a target=\"_blank\" href=\"https:\/\/www.eni.com\/en-IT\/home.html\" style=\"\" rel=\"noopener\">Eni<\/a> have inked a long-term liquified natural gas (LNG) sale and purchase agreement (SPA) for the supply of up to 1 mn tons per year to Italy for 27 years, according to a <a target=\"_blank\" href=\"https:\/\/www.qatarenergy.qa\/en\/MediaCenter\/Pages\/newsdetails.aspx?ItemId=3777\" style=\"\" rel=\"noopener\">press release<\/a>. The LNG will be delivered to FRSU Italia, a floating storage and regasification unit situated in the port of Piombino in Tuscany starting in 2026, and will be sourced from a joint venture between QatarEnergy and Eni that holds an interest in Qatar\u2019s North Field East.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar is on an LNG supply spree: <\/strong>QatarEnergy also inked <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2f178b9d-70f0-47c5-9534-48839334cb70\" style=\"\" rel=\"noopener\">three other<\/a> LNG SPAs last week, including to <a target=\"_blank\" href=\"https:\/\/www.shell.nl\/\" style=\"\" rel=\"noopener\">supply the Netherlands<\/a> with 3.5 mn tons per year for 27 years. It also signed SPAs with TotalEnergies to supply France with gas. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CUSTOMS-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai Customs + Nedaa ink MoU to boost digital solutions: <\/strong>Dubai Customs and communications company <a target=\"_blank\" href=\"https:\/\/www.nedaa.ae\/en\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">Nedaa<\/a> have signed an MoU to strengthen digital solutions for operations using modern communications technology, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/details\/1395303212860\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The MoU covers the creation of an operational mechanism to enhance Dubai Customs\u2019 communication network, exchanging data related to emergencies and public safety. The MoU also involves consultations to improve Dubai Customs\u2019 services and operations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO WORTH KNOWING-<\/strong><\/p>\n<ul>\n<li>Moroccohas <strong>confiscated 1.37 tons<\/strong> of<strong> cocaine<\/strong> found in <strong>imported frozen fish<\/strong>in <strong>Casablanca<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/africa\/morocco-seizes-137-tons-cocaine-concealed-frozen-fish-2023-10-20\/\" style=\"\" rel=\"noopener\">Reuters<\/a>) <\/li>\n<\/ul>\n<ul>\n<li><strong>Tabarak Capital<\/strong>and <strong>Global Equity Investment<\/strong>\u2019s <strong>stake<\/strong> in <strong>Gulf <\/strong><strong>Navigation<\/strong> has <strong>decreased<\/strong> below <strong>5%, from a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/english.mubasher.info\/markets\/DFM\/stocks\/GULFNAV\/profile\" style=\"\" rel=\"noopener\">6.62%<\/a><\/strong><strong>stake, and a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/10\/1130.pdf\" style=\"\" rel=\"noopener\">7.62% (pdf)<\/a><\/strong><strong>stake<\/strong>respectively. (<a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/10\/1018.pdf\" style=\"\" rel=\"noopener\">Company notification, pdf<\/a>)<\/li>\n<li><strong>British Airways<\/strong> is set to<strong> resume flights<\/strong> to <strong>Abu Dhabi<\/strong> following a <strong>four-year <\/strong><strong>hiatus<\/strong>, with the first flight scheduled for <strong>20 April 2024<\/strong>. (<a target=\"_blank\" href=\"https:\/\/mediacentre.britishairways.com\/news\/19102023\/abu-dhabi-returns-to-british-airways-route-map?ref=Home\" style=\"\" rel=\"noopener\">Press release<\/a>) <\/li>\n<li><strong><a target=\"_blank\" href=\"https:\/\/www.milaha.com\/\" style=\"\" rel=\"noopener\">Qatar Navigation (Milaha)<\/a><\/strong> has enrolled in the <strong><a target=\"_blank\" href=\"https:\/\/www.customs.gov.qa\/English\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">General Authority of Customs\u2019<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.customs.gov.qa\/English\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">(GAC)<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.customs.gov.qa\/English\/Procedures\/FacilitationandCompliancePrograms\/Pages\/CertifiedEconomicOperator.aspx\" style=\"\" rel=\"noopener\">Authorized Economic Operator (AEO)<\/a><\/strong> program in the import and export category, granting it <strong>customs benefits and facilities<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/QatarNavigation\/posts\/pfbid0GBFs2oo6ZwdhQkBughpRdhpEwsDDfALbDNKZwoK4Nbr3P3AMH7ZjZGXgfXrn7erHl\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Amazon.ae<\/strong> has <strong>extended<\/strong> its <strong>international shopping experience feature<\/strong> to include <strong>Qatar<\/strong>, allowing Qatari customers to shop for items from the <strong>UAE<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/customers-in-qatar-can-now-shop-hundreds-of-thousands-of-items-on-amazonae-through-the-international-shopping-experience-ta541g0q\" style=\"\" rel=\"noopener\">Press release<\/a>)<\/li>\n<li><strong>Khalifa Economic Zones Abu Dhabi<\/strong> has inked a <strong>land lease <\/strong><strong>agreement<\/strong> with energy provider<strong> Advanced Petro Services<\/strong>, which provides specialized services in the energy industry. (<a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2023\/10\/23\/kezad-group-signs-lease-agreement-with-advanced-petro-services-for-facility-in-kezad-musaffah\" style=\"\" rel=\"noopener\">Press release<\/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\/customs\/\">customs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"74393\" 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=\"74393\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/key-us-canada-trade-artery-shuts-down-due-to-union-strike-china-russia-could-boost-trade-through-northern-sea-route-though-nato-has-its-concerns\/\">\r\n                            Key US-Canada trade artery shuts down due to union strike + China, Russia could boost trade through Northern Sea route, though NATO has its concerns                        <\/a>\r\n                    <\/h3>\r\n\r\n                    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         <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/key-us-canada-trade-artery-shuts-down-due-to-union-strike-china-russia-could-boost-trade-through-northern-sea-route-though-nato-has-its-concerns\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1126.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"74394\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/24\/key-us-canada-trade-artery-shuts-down-due-to-union-strike-china-russia-could-boost-trade-through-northern-sea-route-though-nato-has-its-concerns\/1126-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1126.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1126.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1126.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1126.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74393\" class=\"content-area-description single-story post-74393 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-canada tag-enterprise-logistics tag-shipping-maritime tag-us 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\/10\/.2ca0a991-74dd-4a29-b2df-dcf4775b20b5.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Sai<\/strong><strong>nt Lawrence Seaway shuts down after<\/strong><strong> union walkout:<\/strong> The Saint Lawrence Seaway, a major trade artery that is jointly managed by the US and Canada, was forced to shut down after Canada\u2019s leading trade union Unifor organized a worker walkout on Sunday morning, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-10-22\/st-lawrence-seaway-shuts-down-as-unifor-workers-strike\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported. The stoppage is expected to affect some 100 vessels along the route, some of which are carrying grain. \u201cThis impasse is extremely unfortunate but our members remain committed to getting a fair agreement,\u201d Unifor president Lana Payne said in a release cited by Bloomberg. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s the issue?<\/strong> St. Lawrence Seaway Management, the company which runs the Seaway, believes that Unifor is trying to force its hand after securing recent gains against Ford and General Motors, Bloomberg wrote, citing company statements. The seaway operator intends to seek a ruling under Canadian law that would force Unifor to provide workers to ensure that grain shipments can transit the route, Bloomberg added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Russia looking to supply China with LNG + boost trade through Northern Sea <\/strong><strong>Route: <\/strong>Russia is looking to become a top supplier of liquified natural gas (LNG) to China and increase trade with the East Asian country through the Northern Sea Route (NSR), <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/russia-aims-boost-lng-sales-trade-with-china-via-nsr-novak-says-2023-10-19\/\" style=\"\" rel=\"noopener\">Reuters<\/a> quotes Russian Deputy Prime Minister Alexander Novak as saying. \u201cRussia could become the main reliable supplier of LNG to China, taking into account the projects that are currently being implemented,\u201d Novak said, according to Reuters. Russian President Vladimir Putin has said that global investment in the NSR \u2014 which runs from Russia\u2019s border with Norway to the Bering Strait near Alaska \u2014 could deepen trade between east and west. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not everyone is happy about deepening Chinese-Russian ties:<\/strong> NATO is concerned that Chinese shipping through the NSR could pave the way for Chinese military presence in the Arctic, NATO senior military officer Rob Bauer is quoted as saying by <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-10-21\/nato-admiral-says-growing-china-russia-ties-raise-risk-in-arctic\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. China recently had a freighter use the passage for a three-month trip between the Baltic Sea to China. \u201cWe cannot be naive and expect these new routes to be solely used by commercial vessels,\u201d Bauer said at the Arctic Circle Assembly conference in Reykjavik. While Russia\u2019s intentions for the route have become clear, China\u2019s intentions remain opaque, Bauer added. <\/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\/canada\/\">Canada<\/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\/us\/\">US<\/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=\"74395\" 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\/10\/24\/74395\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-74395\" class=\"content-area-description single-story post-74395 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 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>24-26 October ( Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.parcelandpostexpo.com\/en\/\" style=\"\">Parcel + Post Expo 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>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>28-29 October (Saturday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mofa.go.jp\/ms\/g7tm\/page22e_001045.html\" style=\"\">G7 Trade Ministers Meeting<\/a><\/span><span style=\"font-weight:400;\">, Osaka International Convention Center, Sakai, Osaka, Japan.<\/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 style=\"font-weight:400;\">, \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>17-18 November (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/10\/10\/2969619\/17th-iran-turkmenistan-joint-economic-commission-planned-in-ashgabat-next-month\" style=\"\">17th Iran-Turkmenistan Joint Economic Commission<\/a><\/span><span style=\"font-weight:400;\">, Ashgabat, Turkmenistan. <\/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>20-21 November(Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dpmc.ae\/\" style=\"\">Dubai Precious Metals Conference<\/a><\/span><span style=\"font-weight:400;\">, SO\/ Uptown, 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>4-6 December (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ajot.com\/news\/ethihad-cargo-hosts-third-ace-conference-in-the-middle-east\" style=\"\">ACE 23 Air Cargo Conference<\/a><\/span><span style=\"font-weight:400;\">, Yas Island Hotel, 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>4-7 December (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/10\/17\/2973206\/tehran-to-host-2nd-eurasia-expo-tpoi-chief\" style=\"\">Eurasian Economic Union (EAEU) exhibition<\/a><\/span><span style=\"font-weight:400;\">, Tehran Permanent International Fairgrounds, 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>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>1H 2024: Civil Construction subcontracts for construction firms in Oman for implementation of the Abu Dhabi - Suhar rail link to be <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/projects\/construction\/oman-etihad-rail-project-to-unlock-major-construction-opportunities-pvugtzq8\" style=\"\">announced<\/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 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;\">APRIL 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>30 April- 2 May(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 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;\">OCTOBER 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>6-8 October (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.routesonline.com\/news\/29\/breaking-news\/299662189\/press-release-routes-world-officially-handed-over-to-2024-host-bahrain-international-airport\/\" style=\"\">Routes World 2024<\/a><\/span><span style=\"font-weight:400;\">, 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;\">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>Xeneta, CMA CGM, and Milaha warn of difficult 2024 for shipping firms | South Korea, Saudi Arabia boost transport ties<\/p>\n","protected":false},"featured_media":74376,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-74375","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"222e8d1c-4649-4c41-a1b2-2f9014950ce9","teaser":"Xeneta, CMA CGM, and Milaha warn of difficult 2024 for shipping firms | South Korea, Saudi Arabia boost transport ties","photo_url":"https:\/\/ent.news\/2023\/10\/1168.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dark clouds on the horizon - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/issues\/dark-clouds-on-the-horizon\/\" \/>\n<meta property=\"og:locale\" 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