{"id":75584,"date":"2023-12-18T07:15:00","date_gmt":"2023-12-18T07:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=75584"},"modified":"2025-12-15T13:52:16","modified_gmt":"2025-12-15T13:52:16","slug":"shipping-giants-temporarily-halt-red-sea-transit-amid-continued-attacks","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/shipping-giants-temporarily-halt-red-sea-transit-amid-continued-attacks\/","title":{"rendered":"Shipping giants temporarily halt Red Sea transit amid continued attacks"},"content":{"rendered":"<section id=\"75586\" 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=\"75586\">\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\/18\/today-shipping-giants-temporarily-halt-red-sea-transit-amid-continued-attacks\/\">\r\n                            TODAY: Shipping giants temporarily halt Red Sea transit amid continued attacks                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/2151.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/10\/2151.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75586\" class=\"content-area-description single-story post-75586 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-aviation tag-egypt tag-enterprise-logistics tag-jumia tag-kuwait tag-market-watch tag-morocco tag-suez-canal tag-sustainable-aviation-fuels 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\/.6613c78f-fb42-40c4-9a30-e78def3ab326.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends. <\/strong>We have a brisk read for you this morning with the latest from the shipping chaos unfolding in the Red Sea and a couple of M&A stories emerging from the UAE.<\/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>Four of the world\u2019s largest shipping outfits \u2014 Mediterranean Shipping Company, Maersk, CMA CGM, and Hapag-Lloyd \u2014 will halt transits through the Red Sea amid continued attacks on shipping while Hong Kong-based liner <a target=\"_blank\" href=\"https:\/\/www.oocl.com\/eng\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">OOCL<\/a> has also said that it will stop handling cargoes to and from Israel \u201cwith immediate effect.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^ We have more details on this story and more in the news well, below.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PSA- S<\/strong><strong>heikh Khalifa Bin Zayed Int'l Road in Abu Dhabi will be shut down from <\/strong><strong>today until Friday 29 December 2023<\/strong>,Abu Dhabi\u2019s Integrated Transport Center <a target=\"_blank\" href=\"https:\/\/twitter.com\/ITCAbuDhabi\/status\/1736306519803560394\" style=\"\" rel=\"noopener\">said<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>HAPPENING TODAY- <\/strong><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 kick off today and conclude tomorrow<\/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>HAPPENING THIS WEEK- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.saudiairportexhibition.com\/\" style=\"\" rel=\"noopener\">The Saudi Airport Exhibition<\/a><\/strong><strong>\u2019s<\/strong><strong> (SAE) second edition kicks off tomorrow and <\/strong><strong>continues till Wednesday <\/strong>at the Riyadh International Convention and Exhibition Centre (RICEC). The two day event brings together more than 250 exhibitors from over 50 countries to showcase innovations in airport operations, construction, technology, ground handling, support services, and air traffic control, with a focus on KSA\u2019s drive to develop and upgrade its airport sector. The event is sponsored by the <a target=\"_blank\" href=\"https:\/\/gaca.gov.sa\/web\/ar-sa\/page\/home\" style=\"\" rel=\"noopener\">General Authority of Civil Aviation<\/a> -owned <a target=\"_blank\" href=\"https:\/\/www.matarat.com.sa\/\" style=\"\" rel=\"noopener\">Matarat Holding<\/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><a id=\"wwtt1\"><\/a>WATCH THIS SPACE #1-<\/strong><strong>Nigeria-based e-commerce platform <\/strong><strong><a target=\"_blank\" href=\"https:\/\/group.jumia.com\/\" style=\"\" rel=\"noopener\">Jumia<\/a><\/strong><strong> Group<\/strong><strong> will close its <\/strong><strong>food delivery division by <\/strong><strong>the end of the year<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/retail-consumer\/african-online-retailer-jumia-cease-food-delivery-business-2023-12-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week. Africa\u2019s first New York Stock Exchange-listed tech startup will stop food delivery operations in all seven countries where the service operates, including Morocco, Tunisia, Algeria, Nigeria, Kenya, Uganda, and Ivory Coast. Jumia has been doubling down on measures to trim costs, including layoffs and existing grocery and delivery services as it redirects efforts to focus on its core online retail operations in an effort to turn profitables, the newswire said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WATCH THIS SPACE #2-<\/strong><strong>Maroc suspends flights to Paris: <\/strong>Moroccan national carrier <a target=\"_blank\" href=\"https:\/\/www.royalairmaroc.com\/eg-en\" style=\"\" rel=\"noopener\">Royal<\/a><a target=\"_blank\" href=\"https:\/\/www.royalairmaroc.com\/eg-en\" style=\"\" rel=\"noopener\">Air Maroc<\/a> suspends flights to and from Paris-Orly airport amid a notice for an air traffic controller\u2019s strike notice starting today, the company <a target=\"_blank\" href=\"https:\/\/twitter.com\/RAM_Maroc\/status\/1735958153617940738\" style=\"\" rel=\"noopener\">said<\/a>. The strike, which comes in protest to a new regulation requiring a 48-hour notice before engaging in industrial action, is also set to affect operations across airports in Lyon, Lille, Brest, Rouen, Poitiers, and Saint-Yan, <a target=\"_blank\" href=\"https:\/\/www.moroccoworldnews.com\/2023\/12\/359587\/royal-air-maroc-cancels-flights-to-france-ahead-of-traffic-controllers-strike\" style=\"\" rel=\"noopener\">Morocco World News<\/a> reported.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>WATCH THIS SPACE #3- <\/strong><strong>Lufthansa plans to resume flights to Tel Aviv<\/strong><strong> early next year:<\/strong>Lufthansa will recommence flights to Tel Aviv\u2019s Ben Gurion International Airport beginning 8 January, 2024, according to a <a target=\"_blank\" href=\"https:\/\/newsroom.lufthansagroup.com\/en\/lufthansa-group-airlines-plan-to-resume-flights--to-tel-aviv\/#:~:text=From%20January%208%2C%202024%2C%20the,and%20SWISS%20five%20weekly%20flights.\" style=\"\" rel=\"noopener\">statement<\/a>. The resumption is set to proceed in phases with the carrier offering rolling out 20 weekly connections to start with, corresponding to c. 30% of the pre-conflict flight schedule. The German carrier had also suspended flights to Beirut, before resuming them on Friday, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI:<\/strong> Major global airlines, including Air France, ANA, Delta Air Lines, Wizz Air, Brussels Airlines, Lufthansa, United Airlines, American Airlines, and Air India suspended their flights to Tel Aviv in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/0c29ea9a-4a09-4be6-93ee-d81d39a4ab0c\" style=\"\" rel=\"noopener\">October<\/a>, with others curtailing their operations in the country.<\/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><a id=\"wwtt4\"><\/a>DATA POINT #1-<\/strong><strong>Suez Canal revenues saw a 25% y-o-y increase in FY 2022\/2023 to <\/strong><strong>USD 8.8 bn, <\/strong>compared to 7 bn last year, according to Egyptian Central Bank data cited by <a target=\"_blank\" href=\"https:\/\/bit.ly\/3RtsnGw\" style=\"\" rel=\"noopener\">Alsharq Business<\/a> on Thursday. The canal\u2019s revenues boosted 63% over the past ten years, rising from USD 5.4 bn in FY 2013\/2014 to USD 8.8 bn for the financial year that concluded on 20 November, Alsharq Business said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DATA POINT #2-<\/strong><strong>SAF volumes are growing fast, but not fast enough: <\/strong>Sustainable Aviation Fuel (SAF) production topped 600 mn liters (0.5Mt) in 2023, double the 300 million liters (0.25 Mt) produced last year, according to an <a target=\"_blank\" href=\"https:\/\/www.iata.org\/en\/pressroom\/2023-releases\/2023-12-06-02\/\" style=\"\" rel=\"noopener\">International Air Transport Association (IATA)<\/a><a target=\"_blank\" href=\"https:\/\/www.iata.org\/en\/pressroom\/2023-releases\/2023-12-06-02\/\" style=\"\" rel=\"noopener\">press release<\/a>. Volumes are projected to triple again to 1.875 billion liters (1.5Mt) in 2024. Despite the solid growth, SAF as a proportion of renewable fuel production is expected to only grow from 3% in 2023 to 6% to 2024, limiting supply and hiking prices. These projections are far below the 25% to 30% SAF renewable fuel production capacity required to meet the sector\u2019s net zero goals for 2050, IATA says.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DATA POINT #3- <\/strong><strong>Air cargo traffic at Kuwait International Airport increased 15% <\/strong><strong>y-o-y in November,<\/strong>with some 19.4 mn kg of inbound and outbound cargo handled during the year,Kuwait\u2019s daily <a target=\"_blank\" href=\"http:\/\/bit.ly\/41sLLIq\" style=\"\" rel=\"noopener\">Al Rai<\/a> cites the General Administration of Civil Aviation as saying. The period saw the airport process 15.6 mn kg of imports, and 3.8 mn kg of exports. Total aircraft movements for the period were 10.6k, 10% y-o-y increase, and passengers totalled 983k for the year, a 12% y-o-y increase, the outlet said.<\/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>MARKET WATCH #1- <\/strong><strong>Egypt\u2019s sugar export ban extended: <\/strong>Egypt\u2019s trade ministry has extended for three months its ban on the export of sugar, according to a decision published in Egypt\u2019s Official Gazette. The ban, which runs through March 2024, exempts surplus quantities beyond local market needs. The country\u2019s trade ministry has also stepped up warnings to wholesalers and retailers against hoarding and price gouging as it looks to calm soaring prices in local markets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>MARKET WATCH #2- <\/strong><strong>Global demand for oil to rise faster than expected in 2024,<\/strong>despite agreements in COP28 to transition to cleaner fuels, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/iea-raises-2024-oil-demand-growth-forecast-despite-economic-gloom-2023-12-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported citing a monthly <a target=\"_blank\" href=\"https:\/\/www.iea.org\/\" style=\"\" rel=\"noopener\">International Energy Agency (IEA)<\/a> report it picked up. World consumption is poised to rise by 1.1 million barrels per day (bpd) in 2024, a 130k bpd upgrade from its previous forecast, with boosted projections for the US economy and lower oil prices driving the upturn, the IEA said.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/uaeform.enterprise.news\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/135.jpg?ssl=1\"\/><\/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>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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/jumia\/\">Jumia<\/a>\n                <!-- <span 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<\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/shipping-giants-temporarily-halt-red-sea-transit-amid-continued-attacks\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1071.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75590\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/shipping-giants-temporarily-halt-red-sea-transit-amid-continued-attacks\/1071-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1071.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1071.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1071.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1071.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75589\" class=\"content-area-description single-story post-75589 post type-post status-publish format-standard has-post-thumbnail hentry category-disruption-watch tag-cma-cgm tag-disruption-watch tag-enterprise-logistics tag-hapag-lloyd tag-maersk tag-msc tag-shipping tag-war 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\/.59346cf0-c3eb-4601-a297-adefd5bd458e.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Global shipping giants halt Red Sea transits: <\/strong>Four of the world\u2019s largest shipping outfits \u2014 <a target=\"_blank\" href=\"https:\/\/www.msc.com\/en\" style=\"\" rel=\"noopener\">Mediterranean Shipping Company (MSC)<\/a>, <a target=\"_blank\" href=\"https:\/\/www.maersk.com\/about\" style=\"\" rel=\"noopener\">Maersk<\/a>, <a target=\"_blank\" href=\"https:\/\/www.cma-cgm.com\/\" style=\"\" rel=\"noopener\">CMA CGM<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.hapag-lloyd.com\/en\/online-business\/quotation\/quick-quotes.html?gad_source=1&gclid=CjwKCAiA1fqrBhA1EiwAMU5m_99fLK8W4xBOh3RT0k5QI0kCSSLyryW2QiLZoGIcyISfZ2gC1GQ1ixoCqIQQAvD_BwE\" style=\"\" rel=\"noopener\">Hapag-Lloyd<\/a> \u2014 will halt transits through the Red Sea amid continued attacks on shipping, company representatives told Enterprise. Another major carrier, Hong Kong-based liner <a target=\"_blank\" href=\"https:\/\/www.oocl.com\/eng\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">OOCL<\/a>, has also said that it will stop handling cargoes to and from Israel \u201cwith immediate effect,\u201d according to a <a target=\"_blank\" href=\"https:\/\/www.oocl.com\/eng\/aboutoocl\/corporatemessages\/2023\/Pages\/16Dec2023.aspx\" style=\"\" rel=\"noopener\">statement<\/a>. The move follows a spate of Houthi-led attacks and near-misses that targeted vessels operated by MSC, Maersk, and Hapag-Lloyd in the Red Sea over the past few days, Reuters reported <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/maersk-pause-all-container-shipments-through-red-sea-2023-12-15\/\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/maersk-pause-all-container-shipments-through-red-sea-2023-12-15\/\" style=\"\" rel=\"noopener\">here<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How long of a hiatus are we talking about? <\/strong>\u201cWe are not happy with the decision and hope that navigation returns to normal,\u201d Maersk\u2019s MENA Chief Group Representative Hany El Nady told us. \u201cThe Suez Canal is the most suitable and safest navigation route for international trade to cross \u2026 unlike the open sea, which is not devoid of its own risks,\u201d he added. Hapag-Lloyd\u2019s pause is set to continue until today, the <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/2023\/12\/16\/why-suspending-shipping-operations-in-the-red-sea-matters-for-global-trade\/\" style=\"\" rel=\"noopener\">National<\/a> reported on Saturday. While CMA CGM and MSC said that they are stopping transits indefinitely, according to statements <a target=\"_blank\" href=\"https:\/\/www.cma-cgm.com\/news\/4520\/cma-cgm-group-039-s-preventive-measures-for-navigation-in-the-red-sea\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/www.msc.com\/en\/newsroom\/customer-advisories\/2023\/december\/msc-palatium-iii-incident-in-red-sea---rerouting-suez-traffic-to-cape\" style=\"\" rel=\"noopener\">here<\/a>. OOCL did not specify a timeline for the resumption of its operations in Israel, according to its statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More security for trade vessels in the Red Sea is on the cards: <\/strong>Maersk is in talks with the European Union, the International Maritime Organization, as well as other groups to partner on safer transit in the Red Sea, El Nady added. The Biden administration is also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6ba968f4-aa5d-428e-8f72-5bb580c0091b\" style=\"\" rel=\"noopener\">lobbying for a multinational naval force<\/a> to protect shipping in the region, with current plans calling for an expansion of the pre-existing Combined Task Force 153 that is focused on the Red Sea and Gulf of Aden.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iran + Yemen are not impressed: <\/strong>Iran has rebuffed plans for a US-led coalition to safeguard vessels in the region, \u201cIf they make such an irrational move, they will be faced with extraordinary problems,\u201d Iran's Defence Minister Mohammad Reza Ashtiani said in statements cited by <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/iran-warns-against-proposed-us-backed-red-sea-force-isna-2023-12-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> last Thursday. Meanwhile, a Yemeni official has said that a ceasefire in Gaza is the only sure way to guarantee safe passage for Israeli and Israel-bound vessels in the region, <a target=\"_blank\" href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/12\/14\/3006495\/world-naval-fleets-presence-in-red-sea-can-t-provide-security-for-israeli-vessels-yemen\" style=\"\" rel=\"noopener\">Tasnim<\/a> reported on Thursday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Alternative land routes are also being tested: <\/strong>The last few days saw the first delivery of foodstuffs arrive in Israel from the UAE via a new land bridge that looks to temporarily replace sea routes amid the Houthi blockade, <a target=\"_blank\" href=\"https:\/\/english.almayadeen.net\/news\/politics\/yemen-forces-uae-to-send-freight-by-land-to--israel--through\" style=\"\" rel=\"noopener\">Almayadeen<\/a> reported on Saturday. The trial saw 10 trucks haul goods from the UAE to Israel, transiting KSA and Jordan while enroute. Jordan later denied its participation in the land bridge, according to government statements cited by <a target=\"_blank\" href=\"https:\/\/petra.gov.jo\/Include\/InnerPage.jsp?ID=86836&lang=ar&name=local_news\" style=\"\" rel=\"noopener\">Petra<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER \u2013 <\/strong>UAE-based logistics outfits FZCO and <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/\" style=\"\" rel=\"noopener\">DP World<\/a> had <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e5016151-f8ee-4401-aeb4-dec44528a113\" style=\"\" rel=\"noopener\">discussed<\/a> inking an agreement with Israeli logistics firm <a target=\"_blank\" href=\"https:\/\/www.trucknet.io\/\" style=\"\" rel=\"noopener\">Trucknet<\/a> to connect ports in the two countries via a land bridge as a workaround to the Houthi-imposed blockade on Israeli shipping.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What does this mean for the Suez Canal? <\/strong>The Suez Canal Authority has yet to make a statement on setbacks due to the decision by the global freight carriers. It\u2019s not clear how much of the traffic passing through the Suez Canal belongs to the four shipping lines. The waterway represents the shortest route between markets in Europe, North America, and Europe, with 12% of global trade transiting the route, according to figures cited by the <a target=\"_blank\" href=\"https:\/\/www.usni.org\/magazines\/proceedings\/2021\/may\/suez-canal-and-global-trade-routes\" style=\"\" rel=\"noopener\">US Naval Institute<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The situation in the Red Sea has been escalating for some time:<\/strong> Attacks on shipping in the region have been making headlines since Israel started its war on Gaza, as the Iranian-backed Houthis in Yemen look to pressure Israel. While Israeli ships were originally the sole target, armed Houthi groups <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/3eca4042-e4ca-4a01-867a-8b48b2abeaed\" style=\"\" rel=\"noopener\">upped the ante last week<\/a> by announcing that they will target all shipping companies that work with Israeli ports, regardless of their nationality.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/cma-cgm\/\">CMA CGM<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/disruption-watch\/\">DISRUPTION WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/hapag-lloyd\/\">Hapag-Lloyd<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/maersk\/\">Maersk<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/msc\/\">MSC<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping\/\">shipping<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/war\/\">war<\/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=\"75591\" 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=\"75591\">\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\">Aviation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/turkish-airlines-expands-its-fleet-by-ordering-220-aircraft-from-airbus\/\">\r\n                            Turkish Airlines expands its fleet by ordering 220 aircraft from Airbus                        <\/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\/18\/turkish-airlines-expands-its-fleet-by-ordering-220-aircraft-from-airbus\/\" 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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The exact value of the order was not revealed, although the company says it is in the tens of bns of USD, <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/817e888a-3fec-43d5-8f3e-cbdfb6288e39\" style=\"\" rel=\"noopener\">Financial Times<\/a> reported. The delivery dates for the aircraft were also not disclosed. The new order will bring the Turkish carrier\u2019s total orderbook for Airbus aircraft to 504, of which it has received 212, the statement notes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s in the order?<\/strong> The order is for 150 A321s and 70 A350 wide body aircraft, according to the statement. This follows the airline's order of 10 A350-900 aircraft in September, which brought its total order for A350-900s up to 40, according to a separate <a target=\"_blank\" href=\"https:\/\/www.airbus.com\/en\/newsroom\/press-releases\/2023-09-turkish-airlines-places-order-for-ten-additional-airbus-a350-900\" style=\"\" rel=\"noopener\">release<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the aircraft:<\/strong> The A321, the largest aircraft in the Airbus A320neo family, uses new engines and sharklets, reduces noise by some 50% and consumes 20% less fuel compared to previous generation planes, according to the release. The A350 can fly from short-haul to ultra-long-haul routes of up to 9.7k nm.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This has been on the carrier\u2019s to-do list for some time: <\/strong>Turkish Airlines was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a6db0b57-b3d2-4b5f-b049-7ffd2107320c\" style=\"\" rel=\"noopener\">reportedly in final discussions<\/a> with \u201cone of the big manufacturers\u201d for an order of 400 narrow body aircraft and 200 wide-body aircraft to be delivered over 10 years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> Turkish Airlines <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/637200ff-825d-44f9-8cf7-e80f8765fdd1\" style=\"\" rel=\"noopener\">partnered up<\/a> with Riyadh Air for a codeshare agreement earlier this month. They will also explore the possibility of a loyalty agreement covering both airlines\u2019 global networks and broader cooperation in aviation-related services including cargo and digital development.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/airbus\/\">Airbus<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aircraft\/\">aircraft<\/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\/turkey\/\">Turkey<\/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=\"75593\" 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=\"75593\">\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\">M&amp;A Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/ad-ports-group-is-reportedly-in-talks-to-acquire-a-stake-in-turkeys-izmir-port\/\">\r\n                            AD Ports Group is reportedly in talks to acquire a stake in Turkey\u2019s Izmir Port                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/ad-ports-group-is-reportedly-in-talks-to-acquire-a-stake-in-turkeys-izmir-port\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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      <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=AD Ports Group is reportedly in talks to acquire a stake in Turkey\u2019s Izmir Port&url=https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/ad-ports-group-is-reportedly-in-talks-to-acquire-a-stake-in-turkeys-izmir-port\/\">\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\/18\/ad-ports-group-is-reportedly-in-talks-to-acquire-a-stake-in-turkeys-izmir-port\/&title=AD Ports Group is reportedly in talks to acquire a stake in Turkey\u2019s Izmir Port\">\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=AD+Ports+Group+is+reportedly+in+talks+to+acquire+a+stake+in+Turkey%E2%80%99s+Izmir+Port+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F12%2F18%2Fad-ports-group-is-reportedly-in-talks-to-acquire-a-stake-in-turkeys-izmir-port%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\/18\/ad-ports-group-is-reportedly-in-talks-to-acquire-a-stake-in-turkeys-izmir-port\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1104.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75594\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/ad-ports-group-is-reportedly-in-talks-to-acquire-a-stake-in-turkeys-izmir-port\/1104-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1104.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1104.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1104.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1104.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75593\" class=\"content-area-description single-story post-75593 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-enterprise-logistics tag-ma-watch tag-ports tag-turkey 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\/.5664c5c2-17c4-422b-9336-bdb7de5f4282.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AD Ports to buy stake at Turkey\u2019s Izmir Port<\/strong><strong>:<\/strong><a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/\" style=\"\" rel=\"noopener\">AD Ports Group<\/a> is in talks to acquire a stake in the key Turkish port of Izmir in a USD 500 mn transaction, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/abu-dhabi-nears-deal-buy-stake-turkish-port-sources-2023-12-17\/#:~:text=ISTANBUL%2C%20Dec%2017%20(Reuters),the%20once%20bitter%20geopolitical%20rivals.\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing sources with knowledge of the transaction.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know:<\/strong> The agreement will see AD Ports shell out investments in an entity established by Turkey\u2019s sovereign wealth fund, the <a target=\"_blank\" href=\"https:\/\/www.tvf.com.tr\/en\/home\" style=\"\" rel=\"noopener\">Turkish Wealth Fund (TWF)<\/a> to operate the facility, sources told the newswire. Details of the arrangement are yet to be finalized, but TWF-owned Izmir Port is in need of investments and Turkey is looking for FDI to shore up its economy, Reuters said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> UAE and Turkey inked a freetrade agreement in March, as the two countries look to ramp up bilateral trade and investments, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/turkey-united-arab-emirates-sign-trade-agreement-2023-03-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported. August also saw Dubai-based port operator DP World <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/07be6175-653b-48a3-aa49-85487dd7c6be\" style=\"\" rel=\"noopener\">snap up a 58% stake<\/a> in Turkey\u2019s Evyap Port.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma-watch\/\">M&amp;A WATCH<\/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\/turkey\/\">Turkey<\/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=\"75595 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=\"75595\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/75595\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75595\" class=\"content-area-description single-story post-75595 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\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=\"75596\" 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=\"75596\">\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\">M&amp;A Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/uaes-mubadala-eyes-a-stake-in-indian-logistics-company-indospace-core\/\">\r\n                            UAE\u2019s Mubadala eyes a stake in Indian logistics company IndoSpace Core                        <\/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\/18\/uaes-mubadala-eyes-a-stake-in-indian-logistics-company-indospace-core\/\" 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\/18\/uaes-mubadala-eyes-a-stake-in-indian-logistics-company-indospace-core\/')\">\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\/18\/uaes-mubadala-eyes-a-stake-in-indian-logistics-company-indospace-core\/\">\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=UAE\u2019s Mubadala eyes a stake in Indian logistics company IndoSpace Core&url=https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/uaes-mubadala-eyes-a-stake-in-indian-logistics-company-indospace-core\/\">\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\/18\/uaes-mubadala-eyes-a-stake-in-indian-logistics-company-indospace-core\/&title=UAE\u2019s Mubadala eyes a stake in Indian logistics company IndoSpace Core\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE%E2%80%99s+Mubadala+eyes+a+stake+in+Indian+logistics+company+IndoSpace+Core+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F12%2F18%2Fuaes-mubadala-eyes-a-stake-in-indian-logistics-company-indospace-core%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\/18\/uaes-mubadala-eyes-a-stake-in-indian-logistics-company-indospace-core\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1112.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75597\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/uaes-mubadala-eyes-a-stake-in-indian-logistics-company-indospace-core\/1112-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1112.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1112.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1112.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1112.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75596\" class=\"content-area-description single-story post-75596 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-acquisition tag-canada tag-enterprise-logistics tag-india tag-ma-watch tag-uae tag-warehouse 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\/.f34840b0-4331-4f9a-9a79-053b6de10a4f.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mubadala eyes a stake in IndoSpace Core<\/strong><strong>:<\/strong> The UAE\u2019s state-owned wealth fund <a target=\"_blank\" href=\"https:\/\/www.mubadala.com\/\" style=\"\" rel=\"noopener\">Mubadala<\/a> has bid for a 50% stake in Indian logistics company <a target=\"_blank\" href=\"https:\/\/www.indospace.in\/about\/\" style=\"\" rel=\"noopener\">IndoSpace Core<\/a>, Indian news outlet the <a target=\"_blank\" href=\"https:\/\/www.financialexpress.com\/business\/industry-mubadala-apg-eye-cppibs-50-in-lndospace-jv-3339133\/\" style=\"\" rel=\"noopener\">Financial Express<\/a> reported on Friday, citing people it says have knowledge of the matter. Mubadala has submitted a bid to buy a 50% stake in the company for USD 700 mn from the Canada Pension Plan Investment Board (<a target=\"_blank\" href=\"https:\/\/www.cppinvestments.com\/\" style=\"\" rel=\"noopener\">CPPIB<\/a>), and Morgan Stanley will be operating the sale process. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Indospace Core:<\/strong> Warehouse owner and developer IndoSpace Core is a joint venture project between IndoSpace and CPPIB, who owns 80% of the venture. IndoSpace Core has 50 logistics parks, with 57 mn square feet of space both delivered or under development. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cThe portfolio has matured and CPPIB is looking to exit its investment after six years,\u201d sources told the Financial Express. CPPIB has declined to comment on the matter and IndoSpace and Mubadala did not respond to requests for comment. CPPIB plans to stay invested in IndoSpace Core\u2019s parent company, IndoSpace.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who else is in the race?<\/strong> Dutch pension fund APG, Canadian investor Oxford Properties, and Ivanhoe Cambridge are also competing for the stake, according to sources.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead:<\/strong> Indospace Core is committed to acquiring 13 industrial and logistics parks around India totaling 14 mn square feet from parent company IndoSpace development funds.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/acquisition\/\">Acquisition<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/canada\/\">Canada<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/india\/\">India<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma-watch\/\">M&amp;A WATCH<\/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\/warehouse\/\">Warehouse<\/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=\"75598\" 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=\"75598\">\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\">Investment Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/egytrans-forms-jv-with-saudi-links-investment-to-establish-logistics-and-transport-company\/\">\r\n                            Egytrans forms JV with Saudi Links Investment to establish logistics and transport company                        <\/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\/18\/egytrans-forms-jv-with-saudi-links-investment-to-establish-logistics-and-transport-company\/\" 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\/18\/egytrans-forms-jv-with-saudi-links-investment-to-establish-logistics-and-transport-company\/')\">\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\/18\/egytrans-forms-jv-with-saudi-links-investment-to-establish-logistics-and-transport-company\/\">\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=Egytrans forms JV with Saudi Links Investment to establish logistics and transport company&url=https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/egytrans-forms-jv-with-saudi-links-investment-to-establish-logistics-and-transport-company\/\">\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\/18\/egytrans-forms-jv-with-saudi-links-investment-to-establish-logistics-and-transport-company\/&title=Egytrans forms JV with Saudi Links Investment to establish logistics and transport company\">\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=Egytrans+forms+JV+with+Saudi+Links+Investment+to+establish+logistics+and+transport+company+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F12%2F18%2Fegytrans-forms-jv-with-saudi-links-investment-to-establish-logistics-and-transport-company%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\/18\/egytrans-forms-jv-with-saudi-links-investment-to-establish-logistics-and-transport-company\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1115.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75599\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/egytrans-forms-jv-with-saudi-links-investment-to-establish-logistics-and-transport-company\/1115-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1115.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1115.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1115.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1115.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75598\" class=\"content-area-description single-story post-75598 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-egypt tag-egytrans tag-enterprise-logistics tag-investment-watch tag-logistics tag-saudi-arabia 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\/.f5027cd1-0f4a-4a27-a47b-baaa24a90aea.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egytrans + Links to partner <\/strong><strong>on new<\/strong><strong> logistics firm: <\/strong>Egyptian logistics and transport firm <a target=\"_blank\" href=\"https:\/\/www.egytrans.com\/home\" style=\"\" rel=\"noopener\">Egytrans<\/a> and Saudi-based investment firm <a target=\"_blank\" href=\"https:\/\/www.linksinv.sa\/\" style=\"\" rel=\"noopener\">Links Investment<\/a> have partnered up to establish a joint logistics and transport company based in KSA, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/egytrans-and-links-investment-agree-to-establish-a-joint-logistics-and-transport-company-in-lucrative-saudi-arabian-market-iybl5slw\" style=\"\" rel=\"noopener\">statement<\/a>. The company is projected to have a total capital of SAR 10 mn with an initial capital of SAR 500k, the statement notes. The timeline for completing the setup of the JV is slated for 1Q 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The new company will be headquartered in Riyadh and will provide transport and logistics services by leveraging Egytran\u2019s oil, gas, and renewable logistics expertise and Links\u2019 business diversification, asset base, partnerships, and land banks, the statement notes. The JV will focus on wind farms and other specialized transport solutions, Egytrans CEO Abir Leheta commented. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> The partnership aims to capitalize on the \u201cburgeoning Saudi market,\u201d as KSA has the largest potential market for logistics providers in the region, with analysts estimating that up to some USD 240 bn worth of projects are currently being implemented in the country, and up to USD 1.8 bn are available for third party logistics providers, Leheta commented.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egytrans has been expanding its operations:<\/strong> Egytrans had revealed back in August its fine print for its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e8a5fe02-532b-42b0-a9c8-fd51c56575d5\" style=\"\" rel=\"noopener\">99.9% acquisition<\/a> of the National Transport and Overseas Services Company (NOSCO) through a share swap.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egytrans\/\">Egytrans<\/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\/logistics\/\">logistics<\/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\/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=\"75600\" 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=\"75600\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/uae-azerbaijan-to-boost-digital-infrastructure-cooperation-iran-armenia-approved-eaeu-freetrade-agreement\/\">\r\n                            UAE, Azerbaijan to boost digital infrastructure cooperation + Iran, Armenia approved EAEU freetrade agreement                        <\/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\/18\/uae-azerbaijan-to-boost-digital-infrastructure-cooperation-iran-armenia-approved-eaeu-freetrade-agreement\/\" 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\/18\/uae-azerbaijan-to-boost-digital-infrastructure-cooperation-iran-armenia-approved-eaeu-freetrade-agreement\/')\">\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\/18\/uae-azerbaijan-to-boost-digital-infrastructure-cooperation-iran-armenia-approved-eaeu-freetrade-agreement\/\">\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=UAE, Azerbaijan to boost digital infrastructure cooperation + Iran, Armenia approved EAEU freetrade agreement&url=https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/uae-azerbaijan-to-boost-digital-infrastructure-cooperation-iran-armenia-approved-eaeu-freetrade-agreement\/\">\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\/18\/uae-azerbaijan-to-boost-digital-infrastructure-cooperation-iran-armenia-approved-eaeu-freetrade-agreement\/&title=UAE, Azerbaijan to boost digital infrastructure cooperation + Iran, Armenia approved EAEU freetrade agreement\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE%2C+Azerbaijan+to+boost+digital+infrastructure+cooperation+%2B+Iran%2C+Armenia+approved+EAEU+freetrade+agreement+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F12%2F18%2Fuae-azerbaijan-to-boost-digital-infrastructure-cooperation-iran-armenia-approved-eaeu-freetrade-agreement%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\/18\/uae-azerbaijan-to-boost-digital-infrastructure-cooperation-iran-armenia-approved-eaeu-freetrade-agreement\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1095.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75601\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/uae-azerbaijan-to-boost-digital-infrastructure-cooperation-iran-armenia-approved-eaeu-freetrade-agreement\/1095-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1095.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1095.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1095.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1095.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75600\" class=\"content-area-description single-story post-75600 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-enterprise-logistics tag-iran tag-trade tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.d40a93d3-9156-4367-8eb4-f85a1b0a4805.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE + Azerbaijan ink MoU to develop digital infrastructure: <\/strong>The UAE and Azerbaijan have signed an MoU set to enhance digital infrastructure and developing data centers in Azerbaijan, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/aq5ekse-uae-and-azerbaijan-sign-mou-set-facilitate-digital\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Friday. The two countries <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/aq1tz37-uae-and-azerbaijan-presidents-discuss-bilateral\" style=\"\" rel=\"noopener\">recently discussed<\/a> boosting bilateral ties in several sectors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Armenian government greenlights EAEU freetrade agreement with Iran: <\/strong>Armenia\u2019s cabinet approved the conclusion of a freetrade agreement between the Eurasian Economic Union (EAEU) and Iran, <a target=\"_blank\" href=\"https:\/\/news.am\/eng\/news\/797641.html\" style=\"\" rel=\"noopener\">NewsAM<\/a> reported on Thursday. The arrangement will permit the removal of customs duties on a wide range of imports from Iran, but Armenia nonetheless intends to negotiate flexible tariff regimes on key agricultural and industrial products that are deemed vital to its economy, the outlet said.<\/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>Iran + China discuss trade: <\/strong>Head of the Institute of Standards and Industrial Research of Iran (ISIRI) for International and Halal Affairs Ebrahim Ebrahimi met with China\u2019s commercial attach\u00e9 and representatives of the Chinese embassy to discuss boosting trade and cooperation on standards and the Halal industry. (<a target=\"_blank\" href=\"https:\/\/www.tasnimnews.com\/en\/news\/2023\/12\/14\/3006448\/iran-china-emphasize-developing-cooperation-in-standards-sector\" style=\"\" rel=\"noopener\">Tasnim<\/a>) <\/li>\n<li><strong>Oman + Singapore boost trade and exports:<\/strong> Oman and the Singapore Cooperation Enterprise inked an MOU to enhance cooperation on investments, exports, developing SMEs and industrial projects, and international branding. (<a target=\"_blank\" href=\"https:\/\/www.omannews.gov.om\/topics\/en\/79\/show\/115242\/ona\" style=\"\" rel=\"noopener\">Oman News Agency<\/a>)<\/li>\n<li><strong>India + Oman\u2019s CEPA is in the works:<\/strong>India and Oman are set to finalize talks on potential a Comprehensive Economic Partnership Agreement. (<a target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/small-biz\/trade\/exports\/insights\/india-oman-likely-to-conclude-talks-for-free-trade-agreement-soon\/articleshow\/106040664.cms\" style=\"\" rel=\"noopener\">Indian Times<\/a>) <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75602\" 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=\"75602\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/panama-canal-to-expand-daily-booking-slots-in-january-2024\/\">\r\n                            Panama Canal to expand daily booking slots in January 2024                        <\/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\/18\/panama-canal-to-expand-daily-booking-slots-in-january-2024\/\" 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\/18\/panama-canal-to-expand-daily-booking-slots-in-january-2024\/')\">\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\/18\/panama-canal-to-expand-daily-booking-slots-in-january-2024\/\">\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=Panama Canal to expand daily booking slots in January 2024&url=https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/panama-canal-to-expand-daily-booking-slots-in-january-2024\/\">\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\/18\/panama-canal-to-expand-daily-booking-slots-in-january-2024\/&title=Panama Canal to expand daily booking slots in January 2024\">\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=Panama+Canal+to+expand+daily+booking+slots+in+January+2024+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2023%2F12%2F18%2Fpanama-canal-to-expand-daily-booking-slots-in-january-2024%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\/18\/panama-canal-to-expand-daily-booking-slots-in-january-2024\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1116.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75603\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/panama-canal-to-expand-daily-booking-slots-in-january-2024\/1116-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1116.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1116.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1116.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1116.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75602\" class=\"content-area-description single-story post-75602 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-drought tag-enterprise-logistics tag-panama-canal 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\/.1c86d81a-93c9-43c4-bebc-c01c1dc7af5c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Panama Canal to increase booking slots<\/strong><strong>:<\/strong> The Panama Canal Authority says it will increase the number of transit slots for its Panamax and Neopanamax locks to 24 per day effective mid-January, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/drought-hit-panama-canal-increase-shipping-slots-2023-12-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Saturday. The authority had previously planned to have 18 transit slots per day, yet altered this figure based on the current and expected levels of water in the artificial Gatun Lake, which supports the canal. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Details:<\/strong> Applications for new slots will open in the coming weeks for transit starting 16 January 2024. Only one booking slot per customer per date will be permitted regardless of when the slots were booked. Slots will be given based on the highest bid in auction, full containers, and market and customer rankings.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> The traffic jam at the Panama Canal is expected to continue into 2024, as drought has reduced the number of ships the canal can accommodate <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f89a6e98-7c28-4ed7-839b-47bff53dda0c\" style=\"\" rel=\"noopener\">since August<\/a>. El Ni\u00f1o, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/680f2e7e-93a5-401f-8562-ffdd0456b34b\" style=\"\" rel=\"noopener\">the warming of sea surface temperature<\/a> in the eastern Pacific Ocean, is expected to further lower water levels at the Panama Canal, prolonging wait times and hiking costs in 1H 2024.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/drought\/\">Drought<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75604\" 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=\"75604\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2023\/12\/18\/terra-raises-usd-2-mn-in-seed-round-oman-air-kicks-of-hyderabad-freighter-service-and-menzies-aviation-partners-with-wipro-on-cargo-management\/\">\r\n                            Terra raises USD 2 mn in seed round, Oman Air kicks of Hyderabad freighter service, and Menzies Aviation partners with Wipro on cargo management                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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<\/a>\r\n\r\n                \n<article id=\"post-75604\" class=\"content-area-description single-story post-75604 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-aviation tag-electric-mobility tag-enterprise-logistics tag-oman 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\/.bf957ac5-be86-4d18-b1dd-5d4536fadefa.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>LAST MILE-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Terra raises USD 2 mn in seed round:<\/strong> UAE-based electric mobility startup <a target=\"_blank\" href=\"https:\/\/driveterra.com\/\" style=\"\" rel=\"noopener\">Terra<\/a> has raised USD 2 mn in a seed funding round that saw participation from angel investors, according to a <a target=\"_blank\" href=\"https:\/\/www.wamda.com\/2023\/12\/uaes-terra-raises-2-million-seed\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The raised funds will be funneled towards upgrades to the firm\u2019s e-motorbike and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/afa29546-9bee-4331-a84f-b63405bca93f\" style=\"\" rel=\"noopener\">battery swapping operations<\/a> ahead of an upcoming Series A funding round, the statement noted.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why is this important?<\/strong> Terra\u2019s drop-in replacement battery swapping solution \u2014 which can be completed in about five minutes (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=5QeQ3VM4A4w%5C\" style=\"\" rel=\"noopener\">watch, runtime: 1:56<\/a>) depending on EV and battery make \u2014 offers a quick fix to poor EV charging infrastructure globally, and can help accelerate the transition to green mobility by enabling replenishment of EV driving range on the go instead of lengthy recharge durations.<\/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>Oman Air launches freighter service connecting Hyderabad and Muscat<\/strong><strong>:<\/strong><a target=\"_blank\" href=\"https:\/\/www.omanair.com\/eg\/en\" style=\"\" rel=\"noopener\">Oman Air<\/a> has kicked off a freighter service linking Hyderabad International Airport to its hub at Muscat International Airport, according to a <a target=\"_blank\" href=\"https:\/\/www.hyderabad.aero\/oman-air-launches-freighter-service-from-gmr-hyderabad-international-airport.aspx\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The new line will operate two weekly flights on Tuesday and Saturday using <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d2a666ae-6715-4f64-8181-c35053043832\" style=\"\" rel=\"noopener\">a newly delivered<\/a> Boeing 737-800 converted freighter which can haul 22 metric tons one way. The service is expected to add 88 mn metric tons of inbound and outbound weekly capacity at Hyderabad, boosting exports of pharma, fruit, vegetables, and hatching eggs from Hyderabad to Oman.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Menzies <\/strong><strong>implements<\/strong><strong> new cargo management system by Wipro<\/strong><strong>:<\/strong> UK-based <a target=\"_blank\" href=\"https:\/\/menziesaviation.com\" style=\"\" rel=\"noopener\">Menzies Aviation<\/a> has launched a new cargo management system, dubbed Menzies Aviation Cargo Handling (MACH), using software from technology and Indian IT consulting services company <a target=\"_blank\" href=\"https:\/\/www.wipro.com\" style=\"\" rel=\"noopener\">Wipro<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/menziesaviation.com\/news\/menzies-aviation-goes-live-with-wipros-new-cargo-management-system\/\" style=\"\" rel=\"noopener\">statement<\/a> released last week. Menzies, a subsidiary of Kuwaiti logistics company Agility, plans to implement the MACH system across its global network by the end of 2024. The company is launching MACH systems at 10 air cargo locations in five countries: Jordan, China, New Zealand, Jamaica, and Canada. MACH uses cloud-based architecture to provide real-time insights and data that can be accessed from anywhere at any time.<\/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>KSA gets its first hydrogen truck: <\/strong>KSA\u2019s General Authority for Transport and Al-Majdouie Logistics Company have launched Saudi Arabia\u2019s first hydrogen truck on a trial basis. The truck can travel 400 km on 35 kg of hydrogen. (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/ministry-of-transport-saudi-arabia_promisingabrpathways-motls-activity-7140700997764407297-cSfw?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Etihad Airways to boost safety with AI solutions<\/strong><strong>:<\/strong> The UAE\u2019s Etihad Airways is partnering with Mohamed bin Zayed University of AI to create AI-powered safety solutions, develop joint training programs, and conduct research. (<a target=\"_blank\" href=\"https:\/\/www.etihad.com\/en-eg\/news\/etihad-airways-pioneers-cuttingedge-artificial-intelligence-solutions-to-enhance-safety-management-systems\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Lufthansa resumes Beirut route: <\/strong>Lufthansa is planning to resume its flights to and from Beirut following a suspension in October amid the Israel-Gaza war. The carrier will also add a total of 20 weekly connections to Tel Aviv starting from 8 January 2024. (<a target=\"_blank\" href=\"https:\/\/newsroom.lufthansagroup.com\/en\/lufthansa-group-airlines-plan-to-resume-flights-to-tel-aviv\/\" style=\"\" rel=\"noopener\">Statement<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nna-leb.gov.lb\/en\/economy\/663026\/lufthansa-resumes-flights-to-and-from-beirut\" style=\"\" rel=\"noopener\">NNA<\/a>)<\/li>\n<li><strong>More flights between Mumbai and Doha:<\/strong>Indian airline Vistara has launched four flights per week between Chhatrapati Shivaji International Airport, Mumbai and Doha Hamad International Airport, Qatar. (<a target=\"_blank\" href=\"https:\/\/simpleflying.com\/vistara-first-airbus-a321-flight-doha\/\" style=\"\" rel=\"noopener\">Simple Flying<\/a>)<\/li>\n<li><strong>Menzies switches to eco-friendly cargo operations:<\/strong><a target=\"_blank\" href=\"https:\/\/menziesaviation.com\/\" style=\"\" rel=\"noopener\">Menzies Aviation<\/a> has switched to the environmentally friendly <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/bionatur-plastic\/\" style=\"\" rel=\"noopener\">BioNatur<\/a><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/bionatur-plastic\/\" style=\"\" rel=\"noopener\">Plastics<\/a> for its cargo operations at Los Angeles International Airport (LAX), San Francisco International Airport (SFO), and Miami International Airport (MIA) in a bid to enhance sustainability. (<a target=\"_blank\" href=\"https:\/\/menziesaviation.com\/news\/menzies-aviation-switches-cargo-operations-to-sustainable-bionatur-plastic\/\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/electric-mobility\/\">electric mobility<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"75606\" 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\/18\/75606\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75606\" class=\"content-area-description single-story post-75606 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> Calendar<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">ONGOING<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2 October 2023-28 March 2024: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dohaexpo2023.gov.qa\/en\/about\/\" style=\"\">Doha Expo 2023<\/a><\/span><span>, 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;\">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>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>19-20 December (Tuesday- Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudiairportexhibition.com\/\" style=\"\">The Saudi Airport Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Riyadh International Convention and Exhibition Centre. <\/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>2H 2023: <\/span><span>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>Before the end of the year: The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/projects\/construction\/renovation-of-ain-sokhna-ports-1st-phase-to-be-finalized-before-end-2023-sy8bq9cb\" style=\"\">first phase<\/a><\/span><span> 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;\">JANUARY 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=\"\">9-11 January (Tuesday- Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/duphat.ae\/\" style=\"\">Dubai International Pharma and Technologies Conference and Exhibition<\/a><\/span><span style=\"\">, Dubai World Trade Centre, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"\">12-14 (Friday-Sunday ): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.icscm.org\/\" style=\"\">2024 5th International Conference on Supply Chain Management<\/a><\/span><span style=\"\"> (ICSCM2024), Singapo<\/span><span style=\"font-weight:400;\">re.<\/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=\"\">23-25 January (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/ForthcomingEventsdetails.aspx?EventID=EVE198\" style=\"\">Transport Middle East 2024<\/a><\/span><span style=\"\">, Intercontinental 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 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>5-7 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.petrospot.com\/events\/mebc24-dubai\" style=\"\">Middle East Bunkering Convention 2024<\/a><\/span><span>, DoubleTree Hilton, 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>6-7 February (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/meprocuretech.com\/#:~:text=The%202nd%20Annual%20Middle%20East,with%20leaders%20in%20the%20field.\" style=\"\">The Middle East ProcureTech Summit<\/a><\/span><span> (ME ProcureTech Summit, D<\/span><span style=\"font-weight:400;\">ubai, 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>13 February (Tuesday): <\/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>12-14 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.safcongressmena.com\/\" style=\"\">Sustainable Aviation Futures MENA<\/a><\/span><span>, <\/span><span>Address Hotel Dubai Mall, 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:\/\/10times.com\/e1x3-42g7-krkg\" style=\"\">Future Warehouse & Logistics 2024<\/a><\/span><span>, 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>12-15 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>22-24 February (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/fnc-group.com\/Freight-Forwarders-Conference-2024\" style=\"\">International Freight Forwarders Conference<\/a><\/span><span>, Hyatt Regency, 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>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>3-5 March (Sunday-Tuesday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/marlog.aast.edu\/en\/home\" style=\"\">Sustainable Green Blue Infrastructure Conference 2024<\/a><\/span><span> (Marlog)<\/span><span style=\"font-weight:400;\">, Green Plaza Mall, 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>4-<\/span><span>8 March (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/expotobi.ae\/logistics-transport-management\" style=\"\">Logistics & Transport Management 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>5-6 March (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.shiptekmaritimeevents.com\/shiptek-2024\/\" style=\"\">ShipTek International Conference & Awards 2024<\/a><\/span><span>, The Address 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>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>6 March (Wednesday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.marinemoney.com\/events-2-0-2\/2024-gulf-ship-finance-forum\" style=\"\">The Gulf Ship Finance Forum<\/a><\/span><span style=\"font-weight:400;\">, Waldorf Astoria Dubai International Financial 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>7 March (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/2024.tfconference.com\/\" style=\"\">Truc<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/2024.tfconference.com\/\" style=\"\">k and Fleet Conference 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>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>27 Apri<\/span><span>l- 1 May (Saturday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.irantsn.com\/en\" style=\"\">Iran Expo 2024<\/a><\/span><span>, Tehran International Permanent Fairground, 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>29 April- 2 May(Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.glafamily.com\/about-GLA-Global-Logistics-Conference\" style=\"\">GLA Global Logistics Conferenc<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.glafamily.com\/about-GLA-Global-Logistics-Conference\" style=\"\">e<\/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>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>2-4 May(Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/ensias.um5.ac.ma\/news\/7th-edition-international-conference-logistics-operations-management-smart-sustainable-and\" style=\"\">The I<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/ensias.um5.ac.ma\/news\/7th-edition-international-conference-logistics-operations-management-smart-sustainable-and\" style=\"\">nternational Conference on Logistics Operations Management: smart, sustainable and green logi<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/ensias.um5.ac.ma\/news\/7th-edition-international-conference-logistics-operations-management-smart-sustainable-and\" style=\"\">stics<\/a><\/span><span style=\"font-weight:400;\"> (GOL), Marrakesh, Morocco.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>3-5 May (Friday-Sunday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.logistiqua.com\/\" style=\"\"><\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.logistiqua.com\/\" style=\"\">2024 IEEE 15th international conference on Logistics and Supply Chain Management<\/a><\/span><span>, University of So<\/span><span style=\"font-weight:400;\">usse, Tunisia, Tunis.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>14-15 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/seamless-middle-east\/index.stm\" style=\"\">Seamless Middle East<\/a><\/span><span>, Dubai World Trade Ce<\/span><span style=\"font-weight:400;\">ntre, 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>1<\/span><span>4-16 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theairportshow.com\/\" style=\"\">Airport Show<\/a><\/span><span style=\"font-weight:400;\">, DWTC, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>21-23 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>2-4 June (Sunday-Tuesday)<\/span><span>:<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/pressroom\/2023-releases\/2023-06-05-03\/\" style=\"\">IATA Annu<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/pressroom\/2023-releases\/2023-06-05-03\/\" style=\"\">al General Meeting (AGM) and World Air Transport Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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>22-24 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/ForthcomingEventsdetails.aspx?EventID=EVE201\" style=\"\">Ase<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/ForthcomingEventsdetails.aspx?EventID=EVE201\" style=\"\">an Ports and Logistics 2024<\/a><\/span><span style=\"font-weight:400;\">, Johor, Malaysia.<\/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>11-14 November (Sunday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/maritime-logistics\/\" style=\"\">ADIPEC Maritime and Logistics Exhibition and Conference<\/a><\/span><span>, Abu Dhabi.<\/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, Dubai World Central, 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;\">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>1Q 2024: Construction of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/twitter.com\/Agility\/status\/1664177888365535232?cxt=HHwWgICz8Zy-rJguAAAA\" style=\"\">phase 3<\/a><\/span><span style=\"font-weight:400;\"> of Agility\u2019s logistic park in Abidjan, C\u00f4te d'Ivoire to be completed. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">1Q 2024: Egypt\u2019s Transport Ministry to launch pre-qualification tender for Cairo-Alex freight railway.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>1H 2024: Civil Construction subcontracts for construction firms in Oman for implementation of the Abu Dhabi - Suhar rail link to be <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/projects\/construction\/oman-etihad-rail-project-to-unlock-major-construction-opportunities-pvugtzq8\" style=\"\">announced<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"\">King Salman Energy Park is set to become operational.<\/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\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":75585,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-75584","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"7c3cb8ea-e20d-4966-a0f9-da08a3ff0ec4","teaser":"","photo_url":"https:\/\/ent.news\/2023\/11\/1522.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Shipping giants temporarily halt Red Sea transit amid continued attacks - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/issues\/shipping-giants-temporarily-halt-red-sea-transit-amid-continued-attacks\/\" \/>\n<meta property=\"og:locale\" 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