{"id":75477,"date":"2023-12-12T07:15:00","date_gmt":"2023-12-12T07:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=75477"},"modified":"2025-12-15T13:50:28","modified_gmt":"2025-12-15T13:50:28","slug":"2023-is-not-a-good-year-for-trade","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/2023-is-not-a-good-year-for-trade\/","title":{"rendered":"2023 is not a good year for trade"},"content":{"rendered":"<section id=\"75479\" 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=\"75479\">\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\/12\/12\/today-jordan-halts-use-of-haifa-port-for-exports-several-temporary-port-closures-in-the-region\/\">\r\n                            ! TODAY: Jordan halts use of Haifa port for exports + several (temporary) port closures in the region                        <\/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\/12\/12\/today-jordan-halts-use-of-haifa-port-for-exports-several-temporary-port-closures-in-the-region\/\" 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                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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/757.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75480\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/today-jordan-halts-use-of-haifa-port-for-exports-several-temporary-port-closures-in-the-region\/757-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/757.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"757.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/757.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/757.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75479\" class=\"content-area-description single-story post-75479 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-enterprise-logistics tag-gcc tag-iraq tag-shipping-maritime tag-trade tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.33ab8296-ae28-48ce-927c-cdc11d457ea3.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, lovely people.<\/strong> We have a brisk issue for you this morning, but with several project updates from across the region and a new potential agreement for DP World.<\/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>Malaysian port operator <\/strong><strong>Suria Capital is nearing a final agreement to lease out its Sapangar Bay Container Port in Sabah to DP World for 30 years<\/strong>, according to Malaysian press. <\/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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"> <a id=\"wwtt3\"><\/a><strong> THE BIG LOGISTICS STORY OUTSIDE THE REGION-<\/strong><strong>Global trade is expected to fall 5%<\/strong><strong> y-o-y in 2023 <\/strong>amid higher borrowing costs, rising geopolitical tensions and the deterioration of US-China trade ties, an UNCTAD trade update said yesterday. The value of goods and services are expected to drop to USD 30.7 tn, with merchandise trade expected to fall 8% y-o-y to USD 2 tn, according to the report.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>Also behind the decline:<\/strong> High inflation last year has led to a base effect that sees a lower overall value of traded goods this year, contributing to the decline. The decline can also be attributed to US-China tensions, which redirect supply chains, and more policies restricting cross-border commerce emerge. <\/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 road ahead is uncertain: <\/strong>\u201cThe forecast for global trade remains highly uncertain and generally pessimistic,\u201d the UN agency said. \u201cWhile certain economic indicators hint at potential improvements, persistent geopolitical tensions, high levels of debt, and widespread economic fragility are anticipated to exert negative influences on global trade patterns.\u201d<\/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 forecast got a lot of ink in the foreign press: <\/strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-12-11\/global-trade-to-drop-5-this-year-amid-geopolitical-headwinds?srnd=economics-trade&embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/global-trade-contract-by-5-2023-un-body-says-2023-12-11\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/economy\/2023\/12\/11\/global-trade-to-lose-15tn-this-year-on-export-underperformance-and-geopolitical-issues\/\" style=\"\" rel=\"noopener\">The National<\/a>.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>Jordan halts use of Israel\u2019s Haifa Port to export goods<\/strong><strong>:<\/strong> Jordan will no longer use the Port of Haifa in Israel for exports, as it plans to move operations to its own Aqaba Port, which offers lower shipping fees and transport costs, reports <a target=\"_blank\" href=\"https:\/\/www.jordannews.jo\/Section-109\/News\/Jordan-will-no-longer-use-Port-of-Haifa-to-export-goods-32896\" style=\"\" rel=\"noopener\">Jordan News<\/a>. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>REMEMBER-<\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ab584946-e7d2-4d62-bc5f-9abc47d58229\" style=\"\" rel=\"noopener\">Ocean shipping rates<\/a> for goods shipped from Asia and Western Europe to Israeli Ports declined in October since the war in Gaza started. The backlog of ships around Haifa increased in the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/05dc1eda-5289-49af-b77d-9f2ad05c18f8\" style=\"\" rel=\"noopener\">last week of October<\/a>, with 16 vessels anchored near the port. Shipping companies, including Evergreen, have been diverting vessels to Haifa due to concerns regarding safety.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DATA POINT-<\/strong><strong>Jordan\u2019s <\/strong><strong>Port of Aqaba sees 14% m-o-m fall in the number of ships calling at<\/strong><strong> the port in November<\/strong>, <a target=\"_blank\" href=\"https:\/\/en.royanews.tv\/news\/47356\/2023-12-10\" style=\"\" rel=\"noopener\">Roya News<\/a> reported. Terminal handling charges also dropped 16% during the period. The number of car carriers arriving at the port also dropped 33% due to a hike in ins. on the back of the deteriorating security situation in the Bab El Mandeb strait due to attacks by Yemen\u2019s Houthi militia. The number of ships departing Aqaba via the Aqaba-Nuweiba port increased 7% during the period, the report said.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a><strong> PSA #1- <\/strong><strong>Iraqi land and air ports to close <\/strong><strong>for provincial elections:<\/strong> Iraqi land ports and airports will be closed during provincial elections day next week in accordance with a security plan, Interior Ministry spokesperson Mekdad Miri told <a target=\"_blank\" href=\"https:\/\/ina.iq\/eng\/30296-interior-ministry-land-and-air-ports-will-be-closed-on-polling-day.html\" style=\"\" rel=\"noopener\">INA<\/a>. The elections will take place on Monday, 18 December, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/iraqi-government-sets-dec18-date-hold-provincial-elections-2023-06-20\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. So far, no directives have been issued regarding movement between provinces.<\/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>PSA #2- A<\/strong><strong>dverse weather halts maritime traffic at Kuwaiti ports<\/strong><strong>:<\/strong> Kuwait\u2019s ports of Shuwaikh and Shuaiba have temporarily halted maritime traffic due to unstable weather conditions that have caused \u201clow level of horizontal visibility\u201d due to fog formation, port authorities said in a statement to Kuwaiti news agency <a target=\"_blank\" href=\"https:\/\/www.kuna.net.kw\/ArticleDetails.aspx?id=3126125\" style=\"\" rel=\"noopener\">KUNA<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>HAPPENING THIS WEEK-<\/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>#1- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/foodafrica-expo.com\/?gclid=CjwKCAjw1t2pBhAFEiwA_-A-NJNrdjlyg_Y1uUL8SXzzD8fC1x7vQO6fgMV2EDEWSSL_tt_C7R86ihoC8vQQAvD_BwE\" style=\"\" rel=\"noopener\">Food Africa Cairo 2023<\/a><\/strong><strong> kicks off today and continues until 14 December at the Egypt International <\/strong><strong>Exhibition Center in Cairo, Egypt<\/strong>. The three-day agro-food exhibition is set to bring together wholesalers, distributors, and retailers to create a network between international traders and vendors with their counterparts from Egypt, MENA, and Africa. The event aims to address the different needs of buyers and importers and to serve new markets in Egypt and Africa.<\/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>#2- South Korea resumes trade talks with GCC:<\/strong> South Korea has been holding talks with GCC states over a trade agreement, with the negotiations kicking off yesterday and running until Wednesday this week in Riyadh, KSA, South Korean news agency <a target=\"_blank\" href=\"https:\/\/en.yna.co.kr\/view\/AEN20231210001700320\" style=\"\" rel=\"noopener\">Yonhap<\/a> reports. The talks are led by KSA Director-General Raja Al-Marzouqi and his South Korean counterpart Chang Sung-gil, and focus on working out differences that have stalled talks in the past, the news agency adds.<\/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>Background: <\/strong>The two sides held their eighth round of negotiations in Seoul in October, marking the resumption of talks which had been stalled since 2010. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Egyptian trade mission in Saudi:<\/strong> The Engineering Export Council of Egypt started a weeklong <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/engineeringexportcouncil_%D9%8A%D9%86%D8%B8%D9%85-%D8%A7%D9%84%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D8%AA%D8%B5%D8%AF%D9%8A%D8%B1%D9%8A-%D9%84%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D9%87%D9%86%D8%AF%D8%B3%D9%8A%D8%A9-%D8%A8%D8%B9%D8%AB%D8%A9-activity-7107297815638212609-8toq?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">trade mission<\/a> to Saudi Arabia on Saturday. The delegation is hoping to drum up orders and investments from the kingdom for pumps, car parts, boilers, and everything in between.<\/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>#4- The<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.opexksa.com\/en\/home\" style=\"\" rel=\"noopener\">Operational Excellence Conference (OPEXKSA)<\/a><\/strong><strong> takes place today and tomorrow at <\/strong><strong>the Four Seasons in Riyadh<\/strong> in Saudi Arabia. The event will look at topics within key sectors, including logistics, including strengthening financial sustainability. Some 100 speakers and experts will be present, including private logistics firms, according to the website.<\/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>#6- Th<\/strong><strong>e<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.foodsafetydubai.com\/\" style=\"\" rel=\"noopener\">Dubai International Food Sa<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.foodsafetydubai.com\/\" style=\"\" rel=\"noopener\">fety Conference<\/a><\/strong><strong>kicked off yesterday and will run till <\/strong><strong>tomorrow<\/strong> at the Dubai World Trade Center. The event will look at the impact of climate change on food supply chains and safety, and will bring together some 3k industry experts, academics, institutions, local and regional organizations to exchange experience, knowledge, innovations for discussions around the challenges and trends in the sector, according to a <a target=\"_blank\" href=\"https:\/\/www.dm.gov.ae\/2023\/10\/26\/dubai-municipality-opens-registration-for-dubai-international-food-safety-conference\/\" style=\"\" rel=\"noopener\">press release<\/a>. <\/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>Qatar\u2019s pr<\/strong><strong>ivate sector exports exceeded QR 18.5 bn in 9M 2023<\/strong>, according to the <a target=\"_blank\" href=\"https:\/\/www.qatarchamber.com\/exports-exceed-qr18-5\/\" style=\"\" rel=\"noopener\">Qatar Chamber<\/a>. The value of exports in 3Q 2023 was some QR 3.25 bn, a 65% y-o-y decrease and a 47% q-o-q decrease. The decrease comes on the back of declines in most of Qatar\u2019s 10 commodity groups compared to the previous quarter, with fuel exports falling by some 54%, industrial oils by 69%, and chemicals by 14%. However, aluminum exports increased by 5%, steel exports by 158%, and chemical fertilizers by 0.6%. The lion's share of exports went to the Netherlands in 3Q 2023, followed by Oman, Singapore, India, the UAE, China, Tunisia, Germany, Turkey, and France. <\/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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iranian President Ebrahim Raisi will visit Turkey this month to discuss bilateral ties<\/strong>, as well as proposals by the Iran-Turkey Joint Chamber of Commerce for boosting bilateral trade, including through a potential trade agreement, state-aligned <a target=\"_blank\" href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/11\/16\/2989354\/iran-keen-to-increase-bilateral-trade-with-turkey-official\" style=\"\" rel=\"noopener\">Tasnim News Agency<\/a> quotes chairman of the chamber Mehrdad Saadat as saying. Saadat said that Iran\u2019s trade with Europe could grow by taking advantage of Turkey\u2019s trade capacities.<\/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:\/\/en.mehrnews.com\/news\/208632\/Iran-UAE-trade-hits-34-bn-in-2022-Roads-minister\" style=\"\" rel=\"noopener\">Iran-UAE Joint Economic Cooperation Commission<\/a><\/strong><strong> meeting will be held in the<\/strong><strong> coming weeks<\/strong> in a bid to develop bilateral cooperation, deepen commercial ties, and boost trade. The location has yet to be announced.<\/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:\/\/en.irna.ir\/news\/85273735\/Headlines-in-Iranian-English-language-dailies-on-Oct-29\" style=\"\" rel=\"noopener\">International Exhibition of Transportation, Logistics, and Related Industries<\/a><\/strong><strong> (Iran Trans <\/strong><strong>Expo 2023) will take place on 18-20 December<\/strong> at the Imam Khomeini Grand Prayer Campus (Mossala) in Tehran, Iran. The event is organized by Iran\u2019s Trade Promotion Organization, the Transport and Urban Development Ministry, and the Fund for Innovation and Prosperity of Unions and Associations.<\/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\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\/gcc\/\">GCC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75481\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  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role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75482\" 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=\"75482\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Shipping + Maritime<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/dp-world-could-wrap-talks-over-30-year-lease-at-malaysias-sapangar-bay-container-port-soon\/\">\r\n                            DP World could wrap talks over 30-year lease at Malaysia\u2019s Sapangar Bay Container Port soon                        <\/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\/12\/12\/dp-world-could-wrap-talks-over-30-year-lease-at-malaysias-sapangar-bay-container-port-soon\/\" 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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src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/727.jpg%2Chttps%3A\/\/lpps.sabah.gov.my\/sites\/default\/files\/inline-images\/SBCP.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75483\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/dp-world-could-wrap-talks-over-30-year-lease-at-malaysias-sapangar-bay-container-port-soon\/sbcp-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/727.jpg%2Chttps%3A\/\/lpps.sabah.gov.my\/sites\/default\/files\/inline-images\/SBCP.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"SBCP.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/727.jpg%2Chttps%3A\/\/lpps.sabah.gov.my\/sites\/default\/files\/inline-images\/SBCP.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/727.jpg%2Chttps%3A\/\/lpps.sabah.gov.my\/sites\/default\/files\/inline-images\/SBCP.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75482\" class=\"content-area-description single-story post-75482 post type-post status-publish format-standard has-post-thumbnail hentry category-shipping-maritime tag-dp-world tag-enterprise-logistics tag-investment-watch tag-port tag-shipping-maritime tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.2c08f885-3a3b-47f0-a56f-e198bcc05fa8.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Will Malaysia\u2019s Sapangar Bay Container Port be leased out to DP World? <\/strong>Malaysian port operator <a target=\"_blank\" href=\"https:\/\/suriagroup.com.my\/\" style=\"\" rel=\"noopener\">Suria Capital Holdings<\/a> is looking to lease out its Sapangar Bay Container Port in Sabah to DP World for 30 years, with talks nearing conclusion, sources told Malaysian outlet <a target=\"_blank\" href=\"https:\/\/theedgemalaysia.com\/node\/692673\" style=\"\" rel=\"noopener\">the Edge<\/a>. There are so far no indications on the financials of the proposed transaction, the outlet said. DP World representatives declined to comment when approached by Enterprise Logistics for details.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This has been in the works for a while:<\/strong> A <a target=\"_blank\" href=\"https:\/\/www.bursamalaysia.com\/market_information\/announcements\/company_announcement\/announcement_details?ann_id=3321823\" style=\"\" rel=\"noopener\">disclosure<\/a> by Suria Capital on Malaysian exchange Bursa Malaysia at the start of the year had revealed that the company had received approval from Sabah State Government for its wholly owned subsidiary, <a target=\"_blank\" href=\"https:\/\/spsb.com.my\/\" style=\"\" rel=\"noopener\">Sabah Ports<\/a>, to engage in a \u201cstrategic collaboration\u201d with DP World, particularly in the management of the Sapangar Bay Container Port and logistics and supply chain infrastructure in Sabah. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Could an acquisition also be on the cards?<\/strong> There were also indications earlier this year that DP World would acquire a stake in Sabah Ports, sources told the outlet.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sapangar Bay Container is currently undergoing an expansion:<\/strong> Sapangar Bay Container Port is currently <a target=\"_blank\" href=\"https:\/\/www.mida.gov.my\/mida-news\/expansion-of-sepanggar-bay-container-port-set-to-generate-nine-icp-initiatives\/\" style=\"\" rel=\"noopener\">undergoing<\/a> a MYR 1 bn revamp slated for completion in 2025. The expansion is set to roll out improvements to port infrastructure that would see its present 500k TEU capacity more than doubled to 1.25 mn TEUs, the outlet said. Suria Cap is also <a target=\"_blank\" href=\"https:\/\/themalaysianreserve.com\/2022\/12\/06\/suria-capital-gets-30-year-extension-to-sabah-port-operating-concession\/\" style=\"\" rel=\"noopener\">looking to extend its concession<\/a> agreement at the port for a further 30 years from 2034 to 2064 and is promoting Sapangar Bay Container as a regional hub for transshipments.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Sabah Ports:<\/strong><a target=\"_blank\" href=\"https:\/\/spsb.com.my\/\" style=\"\" rel=\"noopener\">Sabah Ports<\/a>, a fully owned subsidiary of Suria Capital Holdings, controls Sabah state\u2019s major oil and port terminals, the outlet said. It is the state\u2019s main port operator, according to its <a target=\"_blank\" href=\"https:\/\/spsb.com.my\/about-sabah-ports-sdn-bhd\/\" style=\"\" rel=\"noopener\">website<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/port\/\">port<\/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\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75484\" 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=\"75484\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Zones<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/british-steel-maker-liberty-could-set-up-a-green-iron-production-facility-at-kezad-for-exports-to-europe\/\">\r\n                            British steel maker Liberty could set up a green iron production facility at Kezad for exports to Europe                        <\/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\/12\/12\/british-steel-maker-liberty-could-set-up-a-green-iron-production-facility-at-kezad-for-exports-to-europe\/\" 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\/12\/12\/british-steel-maker-liberty-could-set-up-a-green-iron-production-facility-at-kezad-for-exports-to-europe\/')\">\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\/12\/12\/british-steel-maker-liberty-could-set-up-a-green-iron-production-facility-at-kezad-for-exports-to-europe\/\">\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=British steel maker Liberty could set up a green iron production facility at Kezad for exports to Europe&url=https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/british-steel-maker-liberty-could-set-up-a-green-iron-production-facility-at-kezad-for-exports-to-europe\/\">\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\/12\/12\/british-steel-maker-liberty-could-set-up-a-green-iron-production-facility-at-kezad-for-exports-to-europe\/&title=British steel maker Liberty could set up a green iron production facility at Kezad for exports to Europe\">\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=British+steel+maker+Liberty+could+set+up+a+green+iron+production+facility+at+Kezad+for+exports+to+Europe+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F12%2F12%2Fbritish-steel-maker-liberty-could-set-up-a-green-iron-production-facility-at-kezad-for-exports-to-europe%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\/12\/12\/british-steel-maker-liberty-could-set-up-a-green-iron-production-facility-at-kezad-for-exports-to-europe\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75484\" class=\"content-area-description single-story post-75484 post type-post status-publish format-standard hentry category-zones tag-decarbonization tag-enterprise-logistics tag-steel tag-uae 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\/12\/.b5d229a8-56d8-4cb9-b202-c2d9e839c762.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>British steel maker eyes Khalifa port for steel exports to Europe<\/strong><strong>: <\/strong>AD Ports Group and <a target=\"_blank\" href=\"https:\/\/libertysteelgroup.com\/uk\/\" style=\"\" rel=\"noopener\">Liberty Steel<\/a>, the steelmaking arm of UK-based investor <a target=\"_blank\" href=\"https:\/\/www.gfgalliance.com\/\" style=\"\" rel=\"noopener\">GFG Alliance<\/a>, have inked an MoU to explore plans to set up a green iron production facility in AD Ports subsidiary <a target=\"_blank\" href=\"https:\/\/www.kezadgroup.com\/\" style=\"\" rel=\"noopener\">Khalifa Economic Zones Abu Dhabi (Kezad)<\/a>, along with accompanying port infrastructure and a conveyer belt in Khalifa Port, according to a <a target=\"_blank\" href=\"https:\/\/libertysteelgroup.com\/liberty-steel-signs-mou-with-ad-ports-group-to-explore-plans-to-host-a-green-iron-production-facility-in-kezad\/\" style=\"\" rel=\"noopener\">press release<\/a>. The plans help push exports to Europe, as well as boost the UAE\u2019s magnetite ore imports from Australia, it adds. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The facility will intake magnetite ore from Australia, leveraging Liberty\u2019s access to some 4 bn tons of Australia\u2019s high quality magnetite ore, and convert it into green iron using gas, before transitioning to green hydrogen when it\u2019s available at scale by 2031, the statement said. The iron will be reexported to external markets, including Liberty\u2019s facilities in Romania, the Czech Republic, Hungary, Poland and the UK. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi is shaping up to become a green iron hub: <\/strong>Kezad Musaffah is also set to house a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/83ff57f7-5582-4397-9588-9b79aa015a7b\" style=\"\" rel=\"noopener\">low-carbon iron supply chain hub<\/a> that will be set up by Steel manufacturer <a target=\"_blank\" href=\"https:\/\/www.emiratessteelarkan.com\/\" style=\"\" rel=\"noopener\">Emirates Steel Arkan<\/a>, Japan\u2019s <a target=\"_blank\" href=\"https:\/\/www.itochu.co.jp\/en\/index.html\" style=\"\" rel=\"noopener\">ITOCHU Corporation<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.jfe-steel.co.jp\/en\/\" style=\"\" rel=\"noopener\">JFE Steel<\/a>, in partnership with AD Ports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Liberty Steel:<\/strong> Liberty Steel UK is the third largest steel manufacturer in the UK, with an annual capacity of 3 mn tonnes. It is part of GFG Alliance, a group of investments headed by Sanjeev Gupta, according to its <a target=\"_blank\" href=\"https:\/\/libertysteelgroup.com\/uk\/about-us\/\" style=\"\" rel=\"noopener\">website<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/steel\/\">steel<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/zones\/\">ZONES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75486 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"75486\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/75486\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75486\" class=\"content-area-description single-story post-75486 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75487\" 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=\"75487\">\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\">Shipping + Maritime<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/edecs-awarded-major-works-contract-for-jeddahs-south-container-terminal\/\">\r\n                            EDECS awarded major works contract for Jeddah\u2019s South Container Terminal                        <\/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\/12\/12\/edecs-awarded-major-works-contract-for-jeddahs-south-container-terminal\/\" 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\/12\/12\/edecs-awarded-major-works-contract-for-jeddahs-south-container-terminal\/')\">\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\/12\/12\/edecs-awarded-major-works-contract-for-jeddahs-south-container-terminal\/\">\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=EDECS awarded major works contract for Jeddah\u2019s South Container Terminal&url=https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/edecs-awarded-major-works-contract-for-jeddahs-south-container-terminal\/\">\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\/12\/12\/edecs-awarded-major-works-contract-for-jeddahs-south-container-terminal\/&title=EDECS awarded major works contract for Jeddah\u2019s South Container Terminal\">\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=EDECS+awarded+major+works+contract+for+Jeddah%E2%80%99s+South+Container+Terminal+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F12%2F12%2Fedecs-awarded-major-works-contract-for-jeddahs-south-container-terminal%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\/12\/12\/edecs-awarded-major-works-contract-for-jeddahs-south-container-terminal\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75487\" class=\"content-area-description single-story post-75487 post type-post status-publish format-standard hentry category-shipping-maritime tag-egypt tag-enterprise-logistics tag-infrastructure tag-ports tag-roads tag-saudi-arabia 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\/12\/.8f444f48-98ea-4b7e-a75a-86d492daed24.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>DP World Jeddah awards<\/strong><strong> EDECS infrastructure and<\/strong><strong> road works<\/strong><strong> contract for Jeddah South:<\/strong> Egypt-based engineering and construction company <a target=\"_blank\" href=\"https:\/\/www.edecs.com\" style=\"\" rel=\"noopener\">EDECS<\/a> has been awarded a major infrastructure and road works contract for the third phase of Jeddah South Container Terminal, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/edecs-awarded-major-infrastructure-and-road-works-for-jeddah-south-container-terminal-stage-3-pmbibrwu\" style=\"\" rel=\"noopener\">statement<\/a>. The project looks to boost the port\u2019s container handling capacity from its current 2.4 mn TEU capacity to 3 mn TEUs by 2024, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> EDECS will develop the port\u2019s infrastructure on a 100k sqm area, with the project\u2019s scope including earthwork, paving layers, road making, electrical networks, sewage networks, firefighting networks and reefer gantries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Last week saw <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\" style=\"\" rel=\"noopener\">DP World<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c5f7f0cb-b87c-476f-9a44-409132edcad0\" style=\"\" rel=\"noopener\">secure SAR 1.28 bn<\/a> in project financing for developments and upgrades at the south container terminal. The Saudi Ports Authority (<a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\" style=\"\" rel=\"noopener\">Mawani<\/a>) and DP World\u2019s collaboration on developments at the terminal goes back to <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/news\/releases\/dpworld-and-the-saudi-ports-authority-announce-jeddah-logistics-park\/\" style=\"\" rel=\"noopener\">June 2022<\/a>, with the pair kicking off revamps at the terminal in <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/business\/saudis-mawani-dp-world-start-jeddah-container-terminal-revamp-work-uzz06iby\" style=\"\" rel=\"noopener\">October<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/infrastructure\/\">INFRASTRUCTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ports\/\">PORTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/roads\/\">roads<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75489\" 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=\"75489\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/ksa-%e2%9d%a4%ef%b8%8f-china-qatar-uzbekistan-eye-transport-cooperation\/\">\r\n                            KSA \u2764\ufe0f China + Qatar, Uzbekistan eye transport cooperation                        <\/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\/12\/12\/ksa-%e2%9d%a4%ef%b8%8f-china-qatar-uzbekistan-eye-transport-cooperation\/\" 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\/12\/12\/ksa-%e2%9d%a4%ef%b8%8f-china-qatar-uzbekistan-eye-transport-cooperation\/')\">\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\/12\/12\/ksa-%e2%9d%a4%ef%b8%8f-china-qatar-uzbekistan-eye-transport-cooperation\/\">\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=KSA \u2764\ufe0f China + Qatar, Uzbekistan eye transport cooperation&url=https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/ksa-%e2%9d%a4%ef%b8%8f-china-qatar-uzbekistan-eye-transport-cooperation\/\">\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\/12\/12\/ksa-%e2%9d%a4%ef%b8%8f-china-qatar-uzbekistan-eye-transport-cooperation\/&title=KSA \u2764\ufe0f China + Qatar, Uzbekistan eye transport cooperation\">\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=KSA+%E2%9D%A4%EF%B8%8F+China+%2B+Qatar%2C+Uzbekistan+eye+transport+cooperation+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F12%2F12%2Fksa-%25e2%259d%25a4%25ef%25b8%258f-china-qatar-uzbekistan-eye-transport-cooperation%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\/12\/12\/ksa-%e2%9d%a4%ef%b8%8f-china-qatar-uzbekistan-eye-transport-cooperation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/693.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75490\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/ksa-%e2%9d%a4%ef%b8%8f-china-qatar-uzbekistan-eye-transport-cooperation\/693-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/693.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"693.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/693.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/693.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75489\" class=\"content-area-description single-story post-75489 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-aviation tag-china tag-diplomacy tag-enterprise-logistics tag-infrastructure tag-saudi-arabia 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\/12\/.79fb3b33-3543-4301-8d54-883cf67f102e.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA and China <\/strong><strong>eye expanding trade ties:<\/strong>KSA Investment Minister Khalid Al-Falih met with Chinese Minister of Commerce Wang Wentao and executives from Chinese companies to discuss investments in technology, infrastructure, energy, and resources, as well as boosting trade, reports <a target=\"_blank\" href=\"https:\/\/rb.gy\/v05izn\" style=\"\" rel=\"noopener\">Asharq Awsat<\/a>. Al Falih\u2019s talks with Chinese officials also looked at cooperation on China\u2019s Belt and Road Initiative. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More to come? <\/strong>The China-Saudi Investment Conferencecontinues today, with topics on the agenda including logistics services, shipping and supply chains, and the digital economy, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2011342\" style=\"\" rel=\"noopener\">SPA<\/a> reported. The conference aims to boost cooperation in trade and investment, with a focus on supporting both the Chinese Belt and Road initiative and the Saudi Vision 2030 initiative, SPA wrote.<\/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>Qatar\u2019s Transport Minister<\/strong> Jassim Saif Ahmed Al Sulaiti met with <strong>Uzbekistan\u2019s <\/strong><strong>Foreign Affairs Minister<\/strong> Bakhtiyor Saidov to discuss cooperation in the sectors of <strong>transportation, mobility services and civil aviation<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.mot.gov.qa\/en\/news\/minister-meets-uzbekistan-minister-foreign-affairs\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Saudi Vice <\/strong><strong>Transport Minister<\/strong> Badr Al Dulami met with <strong>Malaysian Deputy Transport<\/strong><strong> Minister <\/strong>Hasbi Habibollah, to discuss boosting cooperation in <strong>transport <\/strong>and <strong>logistics<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sauditransport\/posts\/pfbid02Qfvvg75paxPn7KXoAebLkUa9erKRxCbQUyFgAgQBpd1VyhfPy6jDPa4akXgQ3Cnpl\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/infrastructure\/\">INFRASTRUCTURE<\/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\/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=\"75491\" 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=\"75491\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Logistics in the News<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/us-grain-shipments-to-asia-face-delays-higher-costs-due-to-panama-canal-drought\/\">\r\n                            US Grain shipments to Asia face delays + higher costs due to Panama Canal drought                        <\/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\/12\/12\/us-grain-shipments-to-asia-face-delays-higher-costs-due-to-panama-canal-drought\/\" 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\/12\/12\/us-grain-shipments-to-asia-face-delays-higher-costs-due-to-panama-canal-drought\/')\">\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\/12\/12\/us-grain-shipments-to-asia-face-delays-higher-costs-due-to-panama-canal-drought\/\">\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=US grain shipments to Asia face delays + higher costs due to Panama Canal drought&url=https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/us-grain-shipments-to-asia-face-delays-higher-costs-due-to-panama-canal-drought\/\">\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\/12\/12\/us-grain-shipments-to-asia-face-delays-higher-costs-due-to-panama-canal-drought\/&title=US grain shipments to Asia face delays + higher costs due to Panama Canal drought\">\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=US+grain+shipments+to+Asia+face+delays+%2B+higher+costs+due+to+Panama+Canal+drought+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F12%2F12%2Fus-grain-shipments-to-asia-face-delays-higher-costs-due-to-panama-canal-drought%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\/12\/12\/us-grain-shipments-to-asia-face-delays-higher-costs-due-to-panama-canal-drought\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/759.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75492\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/us-grain-shipments-to-asia-face-delays-higher-costs-due-to-panama-canal-drought\/759-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/759.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"759.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/759.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/759.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75491\" class=\"content-area-description single-story post-75491 post type-post status-publish format-standard has-post-thumbnail hentry category-logistics-in-the-news tag-commodities tag-enterprise-logistics tag-logistics-in-the-news tag-panama-canal tag-shipping-maritime tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.2255c80c-e26a-4df7-8335-6232836a1807.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>US <\/strong><strong>Grain shipments are getting <\/strong><strong>costlier and slower amid Panama Canal drought: <\/strong>Bulk grain shippers transporting cargoes from the US Gulf Coast to Asia are sailing longer routes, and paying heftier freight costs in a bid to avoid vessel congestion, and record-high transit fees in the Panama Canal, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/panama-canal-drought-delay-grain-ships-well-into-2024-2023-12-11\/\" style=\"\" rel=\"noopener\">Reuters<\/a> cites traders and analysts as saying. The complications are coming at peak export season and increase the risk that the US will cede additional market share to competitors such as Brazil. Restrictions at the drought-hit canal could continue well into 2024, before the region\u2019s wet season begins to normalize shipping via the artery, the newswire wrote.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Grain bulk carriers are getting pushed to the back of the line:<\/strong> Unlike cruise and container ships, which book slots months in advance, grain ships only seek slots days ahead of their transit, pushing them to the back of queues. Available slots are auctioned off, with some slots being sold for up to USD 1 mn, \u201cuntenable costs for the traditionally thin-margin grain trading business,\u201d the newswire wrote.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Drought in the Panama Canal has placed significant limits on the number of vessels transiting through the waterway, with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f44680e4-f92e-46f8-852e-403a2bd8af99\" style=\"\" rel=\"noopener\">auctions being held<\/a> for queue jumping.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-in-the-news\/\">LOGISTICS IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/panama-canal\/\">Panama canal<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75493\" 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=\"75493\">\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\/12\/12\/brazil-eyes-logistics-storage-area-in-the-sczone-drydocks-is-retrofitting-small-vessels-with-hybrid-batteries\/\">\r\n                            Brazil eyes logistics storage area in the SCZone + Drydocks is retrofitting small vessels with hybrid batteries. PLUS: More from KOTC, Saudi Arabia, Iran and APM Terminals                        <\/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\/12\/12\/brazil-eyes-logistics-storage-area-in-the-sczone-drydocks-is-retrofitting-small-vessels-with-hybrid-batteries\/\" 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=\"#\" 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href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/brazil-eyes-logistics-storage-area-in-the-sczone-drydocks-is-retrofitting-small-vessels-with-hybrid-batteries\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/769.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75494\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/12\/brazil-eyes-logistics-storage-area-in-the-sczone-drydocks-is-retrofitting-small-vessels-with-hybrid-batteries\/769-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/769.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"769.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/769.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/769.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75493\" class=\"content-area-description single-story post-75493 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-aviation tag-enterprise-logistics tag-infrastructure tag-iran tag-shipping-maritime 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\/12\/.caa0aff2-ecb5-45de-8181-340510545860.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ZONES- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Brazilian <\/strong><strong>logistics storage area <\/strong><strong>could be coming to <\/strong><strong>SCZONE<\/strong><strong>:<\/strong> SCZone Vice President Walid Youssef and a Brazilian government delegation discussed the possibility of establishing a logistics storage area in the SCZone for Brazilian grains, sugar, and oils, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/SCZONE.EG\/posts\/pfbid0hwVnQm1zFnUgfinTccvw2bBY1DfnXgQAxR1ZBzfZxiYMWKeEdVMfgX2GJFYV8fjil\" style=\"\" rel=\"noopener\">statement<\/a>. The officials also discussed cooperation in green energy projects. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SCZONE + China + TEDA discuss cooperation<\/strong><strong>:<\/strong> SCZONE General Authority Vice President Ibrahim Abdel Khaleq also met with a delegation of officials from Tianjin, China to discuss expanding cooperation between the SCZONE and the city of Tianjin, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/SCZONE.EG\/posts\/pfbid0yUosZr8BmPTTswjoMJZV4Dw4tXnFZUeRzAKBK91tuK1SXL4nv9hxQzfDNHhXxpALl?__cft__[0]=AZVKpFlYCXYFDGr3UicRw30Zgxn2-xCnuIkTnHVGzI7scZpKyUMhgUyUVRFnvfv1ud00s9HrmZHUDEJXE20YVGrR57KpfL2h73E1ZlfUOwNkB6lCJ2M207uQbG_GB5gTPcDLh_Zef7NZNlyxdsjP5Ml2DXtHp7Lxn4anN1aQrsNQShzN3WlLbxM2hxl4MhbuMHU&__tn__=%2CO%2CP-R\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\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>Emirati <\/strong><strong>shipbuilding and repair services company Drydocks World is retrofitting <\/strong><strong>small vessels with hybrid batteries<\/strong> to lower carbon emissions in marine services, <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/markets\/dubais-drydocks-world-launches-hybrid-battery-retrofits-for-small-vessels-in-sustainability-ride-1.1702272491786\" style=\"\" rel=\"noopener\">Gulf News<\/a> reports. \u201cOur hybrid-battery retrofit scheme is a direct way to cut emissions, especially for maintenance vessels who perform daily short routes,\u201d said Drydocks World\u2019s CEO Rado Antolovic. The company plans to start by retrofitting one of its harbor tugs with a hybrid battery to enhance capacity, after which it will expand to installing hybrid batteries in client vessels like yachts and leisure crafts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KOTC + MariApps ink digital partnership:<\/strong> Kuwait Petroleum Corporation subsidiary <a target=\"_blank\" href=\"https:\/\/www.kotc.com.kw\/Pages\/Default.aspx\" style=\"\" rel=\"noopener\">Kuwait Oil Tanker Company<\/a> (KOTC) and maritime digital solutions provider <a target=\"_blank\" href=\"https:\/\/www.mariapps.com\/\" style=\"\" rel=\"noopener\">MariApps Marine Solutions<\/a> (MariApps) are entering a partnership to enhance the digitalization of KOTC\u2019s fleet operations, according to a <a target=\"_blank\" href=\"https:\/\/www.mariapps.com\/blog\/mariapps-signs-a-massive-deal-with-state-owned-kuwait-oil-tankers-company-kotc\/\" style=\"\" rel=\"noopener\">press release<\/a>. The agreement involves the implementation of smartPAL suite, which uses more than 25 modules to address ship management and operations, allowing KOTC to manage their vessels in real time 24\/7, the release says. MariApps will also implement digital logs, electronic oil record books, and smartOps for vessel performance monitoring. KOTC will also set up a fleet monitoring center in Kuwait with MariApps\u2019 assistance, the release adds.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;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>KSA could launch direct flights with Poland for the first time next year: <\/strong><a target=\"_blank\" href=\"https:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=fedfd6daed&e=2a3f919c25\" style=\"\" rel=\"noopener\">The Saudi Air<\/a><a target=\"_blank\" href=\"https:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=fedfd6daed&e=2a3f919c25\" style=\"\" rel=\"noopener\">Connectivity Program (ACP)<\/a> signed an agreement with <a target=\"_blank\" href=\"https:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=24772f5895&e=2a3f919c25\" style=\"\" rel=\"noopener\">LOT Polish Airlines<\/a> to open direct flights for the first time, <a target=\"_blank\" href=\"https:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=afa30d6ed1&e=2a3f919c25\" style=\"\" rel=\"noopener\">SPA<\/a> reported last week, citing a statement by the ACP. Flights three times a week between Warsaw and Riyadh could begin as early as June 2024. ACP expects the route to drive tourism and trade, noting that 43% more Polish travelers have visited Saudi Arabia this year compared to last.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It could also resume flights with Iran:<\/strong> Saudi Arabia and Iran will hold formal talks this week on a possible resumption of direct, scheduled flights between Tehran, Riyadh and other cities, <a target=\"_blank\" href=\"https:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=84eb2db967&e=2a3f919c25\" style=\"\" rel=\"noopener\">Reuters<\/a>, reported yesterday, citing statements by an Iranian official to state-affiliated news agency ILNA. The two countries restored diplomatic ties back in March.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>INFRASTRUCTURE-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PROJECT UPDATE- <\/strong><strong>Astarachay river bridge connecting Iran and Azerbaijan <\/strong><strong>to open in a few weeks:<\/strong> The Astarachay river bridge, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b3fcd566-7672-490b-ba4e-7063a164ee46\" style=\"\" rel=\"noopener\">part of the wider INSTC logistics corridor<\/a> linking India, Iran, Azerbaijan, Russia, Central Asia, and Europe, is approaching completion and is expected to open in the next few weeks, <a target=\"_blank\" href=\"https:\/\/www.azernews.az\/business\/218717.html\" style=\"\" rel=\"noopener\">Azernews<\/a> reported citing statements by Iran\u2019s Roads and Urban Development Deputy Minister Shahriar Afandizadeh. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the bridge:<\/strong> When completed, the 97.6 meter artery is expected to handle 800 truck crossings per day. A temporary road and border terminal connected to the bridge are expected to kick off operations in the next few weeks, the official also said. Construction on the bridge began 25 January 2022.<\/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<\/strong>-based logistics company <strong>World Zone Shipping Services <\/strong>has launched its services <strong>in Bahrain<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/world-zone-group_world-zone-in-bahrain-another-small-activity-7138885930181971969-V2EJ?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>A<\/strong><strong>PM Terminals<\/strong> has rolled out more <strong>application programming interfaces<\/strong>(API) <strong>data sources for Jordan\u2019s Aqaba Container Terminal <\/strong>and Brazil's APM Terminals Pec\u00e9m to <strong>en<\/strong><strong>hance digital connectivity<\/strong> to provide access to real time container and vessel status data. (<a target=\"_blank\" href=\"https:\/\/www.act.com.jo\/en\/news-room\/latest-news\/2023\/231208-apm-terminals-sees-record-growth-for-api\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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\/infrastructure\/\">INFRASTRUCTURE<\/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\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/zones\/\">ZONES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75495\" 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\/12\/12\/75495\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75495\" class=\"content-area-description single-story post-75495 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;\">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>9-15 December (Saturday-Friday): The Engineering Export Council of Egypt\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/posts\/engineeringexportcouncil_%D9%8A%D9%86%D8%B8%D9%85-%D8%A7%D9%84%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D8%AA%D8%B5%D8%AF%D9%8A%D8%B1%D9%8A-%D9%84%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D9%87%D9%86%D8%AF%D8%B3%D9%8A%D8%A9-%D8%A8%D8%B9%D8%AB%D8%A9-activity-7107297815638212609-8toq?utm_source=share&utm_medium=member_desktop\" style=\"\">visit<\/a><\/span><span style=\"font-weight:400;\">to 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>11-13 December (Monday-Wedn<\/span><span>esday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.foodsafetydubai.com\/\" style=\"\">Dubai International Food Safety Conference<\/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>12-13 December (Tuesday-Wednesday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.opexksa.com\/en\/home\" style=\"\">The Operational Excellence Conference<\/a><\/span><span style=\"font-weight:400;\"> (OPEXKSA) Four Seasons, 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>12-14 December (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/foodafrica-expo.com\/?gclid=CjwKCAjw1t2pBhAFEiwA_-A-NJNrdjlyg_Y1uUL8SXzzD8fC1x7vQO6fgMV2EDEWSSL_tt_C7R86ihoC8vQQAvD_BwE\" style=\"\">Food Africa Cairo 2023<\/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>18-20 December (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.irna.ir\/news\/85273735\/Headlines-in-Iranian-English-language-dailies-on-Oct-29\" style=\"\">International Exhibition of Transportation, Logistics, and Related Industries<\/a><\/span><span style=\"font-weight:400;\"> (Iran Trans Expo 2023), Imam Khomeini Grand Prayer Campus (Mossala), 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 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>Construction of <\/span><span>Neom\u2019s<\/span><span style=\"font-weight:400;\"> 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;\">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=\"font-weight:400;\">King Salman Energy Park is 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 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>1Q 2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.jafza.ae\/media-centre\/news\/jafza-completes-phase-1-of-new-logistics-park\/\" style=\"\">Phase two<\/a><\/span><span style=\"font-weight:400;\">of Jafza Logistics Park 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\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>Green iron supply chain in Abu Dhabi gets a shot in the arm | DP World could take control over Malaysian port soon | Jordan halts use of Haifa port<\/p>\n","protected":false},"featured_media":75478,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-75477","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"52956e8d-f1b0-42dc-9c58-e4fe39720571","teaser":"Green iron supply chain in Abu Dhabi gets a shot in the arm | DP World could take 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