{"id":75879,"date":"2024-01-03T07:15:00","date_gmt":"2024-01-03T07:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=75879"},"modified":"2025-12-15T13:56:49","modified_gmt":"2025-12-15T13:56:49","slug":"maersk-pauses-red-sea-transits-until-further-notice-following-weekend-attacks","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/maersk-pauses-red-sea-transits-until-further-notice-following-weekend-attacks\/","title":{"rendered":"Maersk pauses Red Sea transits until further notice following weekend attacks"},"content":{"rendered":"<section id=\"75881\" 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=\"75881\">\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\/2024\/01\/03\/today-maersks-red-sea-traffic-grinds-to-a-halt-in-response-to-weekend-houthi-attacks\/\">\r\n                            Maersk\u2019s Red Sea traffic grinds to a halt in response to weekend Houthi 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 href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/today-maersks-red-sea-traffic-grinds-to-a-halt-in-response-to-weekend-houthi-attacks\/\" 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 decision follows a 48-hour hold by the carrier on transits through the Red Sea and Gulf of Aden following a Houthi-led attack that targeted a Maersk vessel over the weekend. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^ We have everything on this story and more in the news well, below.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>PSA-<\/strong><strong>KSA\u2019s Transport and Logistics Ministry Services has launched a Beneficiary <\/strong><strong>Service Center hotline<\/strong><strong> (19955) to boost communication within transport and logistics sectors<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/twitter.com\/SaudiTransport\/status\/1741564918548029837\" style=\"\" rel=\"noopener\">statement<\/a>. The Ministry has also established hotlines for the Transport General Authority (19929), Saudi Ports Authority Mawani (199003), the General Authority of Civil Aviation (1929), Saudi Arabia Railways (8001262000), the Roads General Authority (938), the Maramain High Speed Railway (920004433), and Saudi Postal and Logistics (19992).<\/p>\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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a><\/strong><strong>#1-<\/strong><strong>The EU\u2019s new green shipping regulation came into effect this week:<\/strong> The EU\u2019s Emissions Trading Scheme (ETS) \u2014 which requires vessels visiting EU ports to offset their CO2 emissions through the purchase of allowances \u2014 came into effect on Monday, according to an European Commission <a target=\"_blank\" href=\"https:\/\/climate.ec.europa.eu\/eu-action\/transport\/reducing-emissions-shipping-sector_en#eu-action\" style=\"\" rel=\"noopener\">statement<\/a>. The regulation applies to vessels with a 5k gross tonnage and above and covers 50% of emissions for voyages starting or ending outside the EU, and 100% of emissions for voyages between EU ports. George Procopiou, one of Greece\u2019s largest shipowners, had some strong words about the initiative while speaking at an event in October, <a target=\"_blank\" href=\"https:\/\/splash247.com\/shipping-starts-shelling-out-for-eu-allowances\/\" style=\"\" rel=\"noopener\">Splash<\/a> reported.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#2- New Saudi data center regulations come into play:<\/strong> KSA\u2019s \"Data Center Services Regulations\" document came into force on Monday, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2022766\" style=\"\" rel=\"noopener\">SPA<\/a> reports. The regulations will streamline the implementation and development of projects in the data center sector in a bid to boost the quality of services, protect users, and promote investments. The full document can be viewed <a target=\"_blank\" href=\"https:\/\/www.cst.gov.sa\/ar\/services\/Pages\/data-cente-services.aspx\" style=\"\" rel=\"noopener\">here<\/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>#3- <\/strong><strong>International travelers to reach new high in 2024<\/strong><strong>:<\/strong> The International Aviation Transport Association expects 4.7 bn people to travel in 2024, which would exceed pre-pandemic levels of 4.5 bn recorded in 2019, according to a <a target=\"_blank\" href=\"https:\/\/twitter.com\/IATA\/status\/1741731081793998860?cxt=HBwWmMC0iZvM76swAAAA&cn=ZmxleGlibGVfcmVjcw%3D%3D&refsrc=email\" style=\"\" rel=\"noopener\">statement<\/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>#4- <\/strong><strong>Israel\u2019s Haifa Airport aims to expand to allow more international <\/strong><strong>flights<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.jns.org\/haifa-airport-expanding-to-allow-more-intl-flights\/\" style=\"\" rel=\"noopener\">J<\/a><a target=\"_blank\" href=\"https:\/\/www.jns.org\/haifa-airport-expanding-to-allow-more-intl-flights\/\" style=\"\" rel=\"noopener\">ewish News<\/a><a target=\"_blank\" href=\"https:\/\/www.jns.org\/haifa-airport-expanding-to-allow-more-intl-flights\/\" style=\"\" rel=\"noopener\">Syndicate<\/a> reports. The government has greenlit a two-year plan to enhance the facility to increase travel to and from regional destinations like Greece, Cyprus, and Jordan, the outlet says, citing Israeli Transport Ministry spokesman Avner Ovadia. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#1- <\/strong><strong>Emirates SkyCargo air freight up 7% in 202<\/strong><strong>3:<\/strong> UAE airline Emirates SkyCargo recorded a 7% y-o-y increase in air freight in 2023, uplifting over 1.1 mn tonnes, according to a <a target=\"_blank\" href=\"https:\/\/www.skycargo.com\/media-centre\/emirates-skycargo-to-build-on-2023-successes-and-advance-its-long-term-strategic-growth-plans\/\" style=\"\" rel=\"noopener\">statement<\/a>. The growth reflects the airline\u2019s long-term plans to double capacity over the next decade, the statement said. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Mwani Qatar saw boosted performance in 2023<\/strong><strong>:<\/strong> Mwani Qatar handled 1.7 mn tons of general and bulk cargo in 2023, up 11% y-o-y, the company <a target=\"_blank\" href=\"https:\/\/twitter.com\/MwaniQtr\/status\/1742146701383618708\" style=\"\" rel=\"noopener\">said<\/a>. Livestock handled amounted to 444k heads of livestock, up 124% y-o-y, RoRo units were at 80k, up 1.5% y-o-y, and building materials were at 528k tons, up 2% y-o-y. Mwani Qatar processed 2.8k vessels and 1.3 mn TEUs in 2023, the statement said.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Saudi low-cost carrier <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.flynas.com\/en?gad_source=1&gclid=Cj0KCQiAhc-sBhCEARIsAOVwHuRuwX9jrcxoJhAeiI0SsvKga-WEb_Mk8Rn4c5Y50Vv5zC3bzgvDPVcaArMLEALw_wcB&gclsrc=aw.ds\" style=\"\" rel=\"noopener\">Flynas<\/a><\/strong><strong> grew its fleet by 35% in 2023<\/strong>, adding 19 new aircraft, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2022757\" style=\"\" rel=\"noopener\">SPA<\/a> reports. The airline also added 57 new destinations across 10 countries and boosted seat capacity by 22% for domestic and international flights. Flynas also witnessed a 28% y-o-y rise in passengers in 2023, accommodating 11.1 mn passengers.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>#1-<\/strong><strong>China has issued crude <\/strong><strong>quota\u2019s<\/strong><strong> for 2024, all in one go<\/strong><strong>:<\/strong> China has front-loaded import quota\u2019s for 2024, with an allocation to traders and private refiners that matches all allowances granted for the whole of 2023, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-02\/china-issues-massive-crude-oil-import-quotas-at-start-of-year\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing industry consultant <a target=\"_blank\" href=\"https:\/\/www.jlcint.com\/\" style=\"\" rel=\"noopener\">JLC<\/a>. The quota\u2019s issues are for some 3.59 mn barrels per day (bbl\/d) of crude, coming in at 179 mn tons of crude imports for the year ahead. This is the first time that a whole year\u2019s quota has been issued in one go, the outlet cites JLC as saying. The increased certainty should help private importers plan their year ahead, the consultant said. China\u2019s state owned refineries are not subject to import limits and it is expected that the country will bump up quotas as a new refinery comes online, the outlet said.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>#2- <\/strong><strong>O<\/strong><strong>PEC+ countries led by Saudi Arabia and Russia have begun voluntarily reducing <\/strong><strong>oil production <\/strong><strong>by some 2.2 mn barrels per day (bpd) in January<\/strong>, with the cuts running until the close of 1Q 2024, Russian news agency <a target=\"_blank\" href=\"https:\/\/tass.com\/economy\/1728537?utm_source=google.com&utm_medium=organic&utm_campaign=google.com&utm_referrer=google.com\" style=\"\" rel=\"noopener\">TASS<\/a> reported earlier this week. The move <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3142b604-4985-4464-8fdb-0e8fadfd56c4\" style=\"\" rel=\"noopener\">follows a decision<\/a> at a 30 November OPEC+ summit for additional cuts to stabilize oil markets. KSA will cut 1 mn bpd of production while Russia will deepen its oil cuts from 300k bpd to 500k bpd. Other OPEC+ members including the UAE, Iraq, Kuwait, Kazakhstan, Algeria, and Oman will bring to bear a combined 700k bpd of cuts, the outlet writes. <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/duphat.ae\/\" style=\"\" rel=\"noopener\">The Dubai International Pharma and Technologies Conference and Exhibition<\/a><\/strong><strong> from Tuesday, <\/strong><strong>9 January through to Thursday, 11 January <\/strong>in Dubai.The event will bring together the entire pharma value chain, from suppliers, manufacturers, distributors to pharmacists.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.transportevents.com\/product\/transport-middle-east-2024\/\" style=\"\" rel=\"noopener\">Transport Middle East<\/a><\/strong><strong> from Tuesday, 23 January through to Thursday, 25 January<\/strong> in Abu Dhabi. The event will see more than 30 speakers come together to tackle the current challenges in global transportation and logistics.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/data-centers\/\">DATA CENTERS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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style=\"padding: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><\/strong><strong>Danish shipping giant <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.maersk.com\/press\" style=\"\" rel=\"noopener\">Maersk<\/a><\/strong><strong> will <\/strong><strong>continue to reroute vessels away from the Red <\/strong><strong>Sea following Houthi attacks over the weekend<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/maersk-continues-schedule-suez-journeys-despite-houthi-attack-2024-01-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing company statements. The decision follows a <a target=\"_blank\" href=\"https:\/\/www.maersk.com\/news\/articles\/2023\/12\/15\/maersk-operations-through-red-sea-gulf-of-aden?fbclid=IwAR2wfx9Y67kAyMTyLKkeLir1QMgEntI7u2yIhgLwMjF-8SMdEAbr22DOk1M\" style=\"\" rel=\"noopener\">48-hour hold<\/a> by the carrier on transits through the Red Sea and Gulf of Aden following a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/1e73fc78-cf25-44a8-8cdf-7cd077cfdf8d\" style=\"\" rel=\"noopener\">Houthi-led attack<\/a> that targeted a Maersk vessel over the weekend. The carrier did not specify a timeline for the resumption of journeys in the Red Sea, stating instead that it will \u201cpause all cargo movement through the area while we further assess the constantly evolving situation,\u201d according to company statements cited by the newswire. The decisions may lead to higher shipping costs, driving fears for another round of global inflations, the newswire wrote.<\/p>\n<p style=\"padding: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>German shipping giant Hapag-Lloyd will <\/strong><strong>also avoid the Red Sea for at least another week<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/hapag-lloyd-avoid-suez-least-another-week-spokesperson-2024-01-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing company statements. Hapag-Lloyd will continue monitoring the situation \u201cday-by-day\u201d until it reassesses its decision on 9 January, a spokesperson for the company said.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>The Suez Canal has not been seriously affected, Egyptian officials say:<\/strong> Only 76 vessels have been rerouted across the Cape of Good Hope since disruptions started, compared to 2.1k vessels that transited the Suez Canal as usual, <a target=\"_blank\" href=\"https:\/\/aawsat.com\/%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\/4764651-%D9%85%D8%B5%D8%B1-%D9%87%D8%AC%D9%85%D8%A7%D8%AA-%D8%A7%D9%84%D8%A8%D8%AD%D8%B1-%D8%A7%D9%84%D8%A3%D8%AD%D9%85%D8%B1-%D9%84%D9%85-%D8%AA%D8%A4%D8%AB%D8%B1-%D8%A8%D8%B4%D9%83%D9%84-%D9%83%D8%A8%D9%8A%D8%B1-%D8%B9%D9%84%D9%89-%D9%82%D9%86%D8%A7%D8%A9-%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3\" style=\"\" rel=\"noopener\">Asharq Al Awsat<\/a> reports, citing statements by the Secretary General of the International Transport and Logistics Division at the Cairo Chamber of Commerce Amr Al-Samadouni. <\/p>\n<p style=\"padding: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>Meanwhile, Jordan is feeling the strain:<\/strong> Jordan imports 85% to 90% of its foods, with 65% arriving via the kingdom\u2019s only seaport, the Red Sea port of Aqaba, <a target=\"_blank\" href=\"https:\/\/awp.net\/ar\/stories\/alhjmat-ela-alsfn-fy-albhr-alahmr-trbk-alqtae-altjary-fy-alardn\/\" style=\"\" rel=\"noopener\">Arab World Press<\/a> (AWP) reports. Disruptions in the Red Sea have boosted shipping costs and delayed shipments, incurring added uncertainty for importers, importers tell AWP. The Jordanian Chamber of Commerce and Jordan\u2019s Transport Ministry agreed to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7139e6be-6b57-4ff4-9537-9cb894a4cf59\" style=\"\" rel=\"noopener\">establish a joint committee<\/a> to follow up on developments relating to the disruptions.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Egypt, Jordan, and Iraq inked a cooperation protocol <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f6e14d3b-18ba-4df4-8884-adf1630503c9\" style=\"\" rel=\"noopener\">earlier this year<\/a> for a transit trade scheme dubbed the Arab Trade Line to facilitate transit trade from Jordan, Iraq, and GCC countries via Egypt. The initiative utilizes ferries and trucks to ship Arab goods to Egypt\u2019s Mediterranean ports, from which they can be loaded onto ships bound for European markets. The scheme <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2e52b1fa-b0d2-428f-b78f-b6da0c959273\" style=\"\" rel=\"noopener\">was set to kick off<\/a> last week.<\/p>\n<p style=\"padding: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>IN OTHER NEWS-<\/strong><strong>Iran snubs US and UK calls to rein in the Houthis: <\/strong>Iran has rejected appeals from the US and UK to end their support for Houthi-led attacks, the <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2024\/jan\/01\/iran-rejects-us-and-uk-calls-to-end-support-for-houthi-red-sea-attacks\" style=\"\" rel=\"noopener\">Guardian<\/a> reports. Iran has applauded the Houthis, praising their \u201cbrave actions\u201d countering \u201cZionist aggression,\u201d the Guardian reported citing statements by an Iranian official. The Iranian navy also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/1e73fc78-cf25-44a8-8cdf-7cd077cfdf8d\" style=\"\" rel=\"noopener\">recently dispatched<\/a> a warship to the region in a show of solidarity, with the Alborz destroyer transiting the Bab El Mandeb strait to enter the Red Sea earlier this week. <\/p>\n<p style=\"padding: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>ICYMI- <\/strong>The US and the UK are poised to issue a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7139e6be-6b57-4ff4-9537-9cb894a4cf59&title=Maersk%20reconsiders%20decision%20to%20ramp%20up%20Red%20Sea%20transit%20as%20Houthi%20attacks%20continue\" style=\"\" rel=\"noopener\">final warning<\/a> to the Houthis and are drawing upplans for airstrikes against the militia in response to their attacks against shipping. Such a move would represent a major escalation in the crisis.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>MARKET REAX-<\/strong><strong>Oil prices dip as economic woes offset rally due to Red Sea turmoil:<\/strong> Oil prices fell in the first trading session of the new year, as concerns about economic growth due to interest rate hikes offset uncertainty due to Red Sea disruptions, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/oil-jumps-1-new-year-after-us-forces-repel-houthis-red-sea-2024-01-02\/#:~:text=LONDON%2C%20Jan%202%20(Reuters),a%20barrel%20by%201115%20GMT.\" style=\"\" rel=\"noopener\">Reuters<\/a> reported. Brent crude declined 0.8% to USD 76.42, while West Texas Intermediate fell 1% to USD 70.93. A <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/1e73fc78-cf25-44a8-8cdf-7cd077cfdf8d&prev=false&storyId=7139e6be-6b57-4ff4-9537-9cb894a4cf59&title=Tumultuous%20start%20to%202024\" style=\"\" rel=\"noopener\">spate of attacks<\/a> on shipping in the Red Sea over the weekend saw both benchmarks rally USD 2 before falling back, the newswire said.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/disruption-watch\/\">DISRUPTION WATCH<\/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=\"75886\" 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=\"75886\">\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\">M&amp;A Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/ad-ports-noatum-acquires-100-of-apm-terminals-castellon\/\">\r\n                            AD Port\u2019s Noatum acquires 100% of APM Terminals Castell\u00f3n                        <\/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\/2024\/01\/03\/ad-ports-noatum-acquires-100-of-apm-terminals-castellon\/\" 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\/2024\/01\/03\/ad-ports-noatum-acquires-100-of-apm-terminals-castellon\/')\">\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\/2024\/01\/03\/ad-ports-noatum-acquires-100-of-apm-terminals-castellon\/\">\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=AD Port\u2019s Noatum acquires 100% of APM Terminals Castell\u00f3n&url=https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/ad-ports-noatum-acquires-100-of-apm-terminals-castellon\/\">\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\/2024\/01\/03\/ad-ports-noatum-acquires-100-of-apm-terminals-castellon\/&title=AD Port\u2019s Noatum acquires 100% of APM Terminals Castell\u00f3n\">\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+Port%E2%80%99s+Noatum+acquires+100%25+of+APM+Terminals+Castell%C3%B3n+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F01%2F03%2Fad-ports-noatum-acquires-100-of-apm-terminals-castellon%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\/2024\/01\/03\/ad-ports-noatum-acquires-100-of-apm-terminals-castellon\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75886\" class=\"content-area-description single-story post-75886 post type-post status-publish format-standard hentry category-ma-watch-2 tag-ad-ports tag-ma-watch tag-shipping-maritime tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.27fa7702-ff2f-4342-a5e9-4ef861a07fc6.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>AD Ports\u2019 logistics arm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.noatumlogistics.com\/\" style=\"\" rel=\"noopener\">Noatum<\/a><\/strong><strong> has acquired 100% of <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.apmterminals.com\/en\/castellon\/about\/our-terminal\" style=\"\" rel=\"noopener\">APM Terminals Castell\u00f3n<\/a><\/strong><strong> in Spain <\/strong><strong>for EUR 10 mn<\/strong>, as it looks to consolidate operations in Spain, according to an <a target=\"_blank\" href=\"https:\/\/adxservices.adx.ae\/cdn\/contentdownload.aspx?doc=3022991\" style=\"\" rel=\"noopener\">ADX filing (pdf)<\/a>. The transaction obtained all regulatory approvals and is expected to be followed by immediate changes in APM\u2019s ownership structure. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The acquisition will see Noatum expand its productive capacity for bulk, general cargo, and container processing in Spain<\/strong>, while continuing to uphold APM Terminals\u2019 third-party services and agreements, the statement said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Noatum has already been managing a multipurpose terminal in Castell\u00f3n since 2004, and recently upgraded the terminal.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The acquisition hands it control of the 250k sqm terminal at Castell\u00f3n<\/strong>, with the two terminals having an annual capacity to handle 250k TEUs (20-foot equivalent units), making up 70% of container volume capacity at Castell\u00f3n\u2019s port. The terminals can handle 2 mn tonnes of bulk cargo and roll-on, roll-off cargo, and have direct rail links to the MENA region, the statement says. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Covering their bases:<\/strong> Noatum also said it has reached a long-term agreement with a stevedoring union, without naming which one, to ensure stable operations over the coming years, the statement added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>AD Ports Group finalized its acquisition of Noatum <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8edf9e4b-0ac1-4f35-af51-9d8b15bba502\" style=\"\" rel=\"noopener\">back in July 2023<\/a>. The 100% acquisition was valued at EUR 660 mn and was first revealed in a November 2022 <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2022\/11\/18\/acquisition-of-noatum-propels-ad-ports-group-to-become-a-global-logistics-platform\" style=\"\" rel=\"noopener\">announcement<\/a>. The European Commission gave its clearance on the move <a target=\"_blank\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/es\/mex_23_1641\" style=\"\" rel=\"noopener\">earlier in 2023<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Noatum is investing big in Spain:<\/strong> The company also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/35686592-230a-46b3-885d-0400f8407680\" style=\"\" rel=\"noopener\">moved to acquire<\/a> Spanish trucking company Ses\u00e9 Auto Logistics in October 2023. The move is expected to be finalized in 1Q 2024.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ad-ports\/\">AD Ports<\/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\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75887\" 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=\"75887\">\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\">Projects<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/ksa-launches-eight-new-road-development-projects-to-boost-logistics-competitiveness\/\">\r\n                            KSA launches eight new road development projects to boost logistics competitiveness                        <\/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\/2024\/01\/03\/ksa-launches-eight-new-road-development-projects-to-boost-logistics-competitiveness\/\" 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\/2024\/01\/03\/ksa-launches-eight-new-road-development-projects-to-boost-logistics-competitiveness\/')\">\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\/2024\/01\/03\/ksa-launches-eight-new-road-development-projects-to-boost-logistics-competitiveness\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=KSA launches eight new road development projects to boost logistics competitiveness&url=https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/ksa-launches-eight-new-road-development-projects-to-boost-logistics-competitiveness\/\">\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\/2024\/01\/03\/ksa-launches-eight-new-road-development-projects-to-boost-logistics-competitiveness\/&title=KSA launches eight new road development projects to boost logistics competitiveness\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=KSA+launches+eight+new+road+development+projects+to+boost+logistics+competitiveness+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F01%2F03%2Fksa-launches-eight-new-road-development-projects-to-boost-logistics-competitiveness%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\/2024\/01\/03\/ksa-launches-eight-new-road-development-projects-to-boost-logistics-competitiveness\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/118.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75888\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/ksa-launches-eight-new-road-development-projects-to-boost-logistics-competitiveness\/118-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/118.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"118.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/118.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/118.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75887\" class=\"content-area-description single-story post-75887 post type-post status-publish format-standard has-post-thumbnail hentry category-projects tag-projects 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\/2024\/1\/.f95b69ce-3c7c-4cf0-8029-a150e4d89b04.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Saudi Arabia\u2019s eastern region has inaugurated eight new road development projects<\/strong><strong>worth SAR 495 mn covering a total length of 264 km, <\/strong>according to a <a target=\"_blank\" href=\"https:\/\/mot.gov.sa\/ar\/MediaCenter\/News\/Pages\/%D8%AA%D8%AF%D8%B4%D9%8A%D9%86-%D9%85%D8%B4%D8%A7%D8%B1%D9%8A%D8%B9-%D8%A7%D9%84%D8%B4%D8%B1%D9%82%D9%8A%D8%A9.aspx\" style=\"\" rel=\"noopener\">statement<\/a>. The projects are set to improve the kingdom\u2019s eastern regional road networks, boosting connectivity with the rest of the country and the kingdom\u2019s wider logistics competitiveness, the statement notes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The projects include: <\/strong><\/p>\n<ul>\n<li>A 13 km roadway connecting the Riyadh\/Dammam Expressway to the Abu Hadriyah Road\/Dammam and the Dammam\/Jubail Road.<\/li>\n<li>A 13.6 km dual road linking the Riyadh\/Dammam Expressway to the southern entrance of King Fahd International Airport, with associated lighting.<\/li>\n<li>The Khalidiya Road intersection project intersecting with Half Moon Bay Road, as well as completing the dualization of Khaldiya Road.<\/li>\n<li>Repair and extension of the Abu Hadriyah\/Al Khafji Road, beginning from the Ras al Khafji intersection towards Khafji. <\/li>\n<li>The Al Ahsa Ring Road project, which will see the construction of No.6 intersection on the Al Ahsa Ring Road, known as the \u201cTeachers College Intersection\u201d.<\/li>\n<li>The Prince Nayef bin Abdulaziz Road intersection project with the extension of the Riyadh-Dammam Expressway.<\/li>\n<li>The repair and expansion of Dammam\/Al-Jeel Expressway to four lanes in each direction from the intersection of King Saud Road to Safwa Bridge. <\/li>\n<li>Dualization of roads and irrigation and drainage ditches in Al-Ahsa Governorate, which includes dualization of the 105 km-long Al-Ahsa Oasis roads, dualization of 2.8 km-long Al-Diwan Road, and dualization of 4.2 km-long Sultana Road.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong>Saudi Arabia\u2019s infrastructure sector <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/0a4a6e7e48d\" style=\"\" rel=\"noopener\">grew in 2022<\/a>, particularly in transport and logistics. The Kingdom invested in road development, adding 56 new roads spanning over 1.6 km. The project\u2019s fall in line with the nation\u2019s <a target=\"_blank\" href=\"https:\/\/alg-global.com\/projects\/road-sector-strategy-and-road-master-plan-saudi-arabia\" style=\"\" rel=\"noopener\">road master plan<\/a> to develop and expand both new and existing roads. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/projects\/\">PROJECTS<\/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=\"75889 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=\"75889\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/75889\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75889\" class=\"content-area-description single-story post-75889 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75890\" 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=\"75890\">\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\">Investment Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/adani-group-and-uaes-ihcs-sirius-international-holding-form-ai-jv\/\">\r\n                            Adani Group and UAE\u2019s IHC\u2019s Sirius International Holding form AI JV                        <\/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\/2024\/01\/03\/adani-group-and-uaes-ihcs-sirius-international-holding-form-ai-jv\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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           <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Adani+Group+and+UAE%E2%80%99s+IHC%E2%80%99s+Sirius+International+Holding+form+AI+JV+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F01%2F03%2Fadani-group-and-uaes-ihcs-sirius-international-holding-form-ai-jv%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\/2024\/01\/03\/adani-group-and-uaes-ihcs-sirius-international-holding-form-ai-jv\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/3544.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75891\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/adani-group-and-uaes-ihcs-sirius-international-holding-form-ai-jv\/3544-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/3544.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"3544.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/3544.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/3544.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75890\" class=\"content-area-description single-story post-75890 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-adani tag-artificial-intelligence tag-india tag-investment-watch 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\/2024\/1\/.3d9090e6-81b7-47ad-8778-77d602ff00cb.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Adani Global Limited + Sirius International Holding partner up to form AI JV:<\/strong> Indian conglomerate Adani Group has formed a JV with UAE-based <a target=\"_blank\" href=\"https:\/\/www.siriusholding.com\/#1\" style=\"\" rel=\"noopener\">Sirius International Holding<\/a>, a subsidiary of IHC, to deploy integrated digital platforms through artificial intelligence, internet of things (IOT), and secured blockchain products across infrastructure industries in India, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/1\/96.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a> on the National Stock Exchange of India. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who owns what:<\/strong> Sirius will own 51% of the Abu Dhabi-based JV \u2014 dubbed Sirius Digitech International Limited \u2014 while Adani will own the remaining 49%, according to the disclosure. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Will these infrastructure industries include logistics? <\/strong>Adani\u2019s logistics arm provides services across India including retail, industrial, container, bulk, break-bulk, liquids, auto and grain handling, according to its <a target=\"_blank\" href=\"https:\/\/www.adaniports.com\/Logistics#services\" style=\"\" rel=\"noopener\">website<\/a>. It operates 11 multimodal logistics parks across India, including Patli, Tumb, Kilaraipur, Nagpur, Kishangarh, Malur, Taloja, Kanech, Mundra, Loni and Valvada, and has a warehousing capacity of some 1.5 mn sq feet across India. <a target=\"_blank\" href=\"https:\/\/origin-webapp.adaniports.com\/Ports-and-Terminals\" style=\"\" rel=\"noopener\">Adani Ports and Special Economic Zone<\/a> (APSEZ) is also India\u2019s largest port operator with 13 ports and terminals.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why this is important:<\/strong> The implementation of AI, IOT, and secured blockchain products into logistics enables challenges in an evolving digital landscape to be addressed, and enables businesses to thrive through digital transformation and optimize industries, and streamline their processes. AI is enabling businesses to become more efficient, ensure real-time decision making, and the deployment of business models. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IHC has stakes in Adani:<\/strong> Abu Dhabi\u2019s IHC upped its stake in Adani Group to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b01be56d-f859-4793-a79b-148bf9942417\" style=\"\" rel=\"noopener\">over 5% in October<\/a>, as IHC believes in \u201cthe inherent strength of airports, data centers, green hydrogen, and various other verticals being incubated under Adani.\u201d This follows after IHC sold its investments in Adani Green Energy and Adani Transmission as part of its strategy to rebalance its portfolio.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And Adani has wider interests in MENA: <\/strong>The group operates Israel\u2019s Haifa port along with a local company under the <a target=\"_blank\" href=\"https:\/\/www.haifaport.co.il\/en\/our-story\/#:~:text=Situated%20within%20a%20natural%20and,by%20the%20Adani%2DGadot%20Group.\" style=\"\" rel=\"noopener\">Adani-Gadot Group<\/a>, following a ILS 4 bn (USD 1.15 bn) purchase in <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/adani-led-group-completes-purchase-israels-haifa-port-2023-01-10\/\" style=\"\" rel=\"noopener\">last January<\/a>. The group also faced its shares falling some 4.5% back in October amid the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/63030924-732b-4997-9666-512efc8ffbc5\" style=\"\" rel=\"noopener\">Israel-Gaza conflict<\/a>, as investors grew weary over the escalation in Israel. APSEZ also partnered with UAE\u2019s AD Ports <a target=\"_blank\" href=\"https:\/\/www.adaniports.com\/-\/media\/Project\/Ports\/Newsroom\/2022_08_05-TOI-Adani-group-signs-with-AD-Ports-Group.jpg?la=en\" style=\"\" rel=\"noopener\">back in 2022<\/a> for joint investments in the infrastructure sector in Tanzania to invest in logistics infrastructure \u2014 rail, maritime, and port operations. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/adani\/\">Adani<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/artificial-intelligence\/\">artificial intelligence<\/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\/investment-watch\/\">INVESTMENT 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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75892\" 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=\"75892\">\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\">Shipping + Maritime<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/omans-sohar-port-and-freezone-inks-several-agreements-to-boost-marine-services\/\">\r\n                            Oman\u2019s Sohar Port and Freezone inks several agreements to boost marine services                        <\/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\/2024\/01\/03\/omans-sohar-port-and-freezone-inks-several-agreements-to-boost-marine-services\/\" 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\/2024\/01\/03\/omans-sohar-port-and-freezone-inks-several-agreements-to-boost-marine-services\/')\">\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\/2024\/01\/03\/omans-sohar-port-and-freezone-inks-several-agreements-to-boost-marine-services\/\">\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=Oman\u2019s Sohar Port and Freezone inks several agreements to boost marine services&url=https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/omans-sohar-port-and-freezone-inks-several-agreements-to-boost-marine-services\/\">\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\/2024\/01\/03\/omans-sohar-port-and-freezone-inks-several-agreements-to-boost-marine-services\/&title=Oman\u2019s Sohar Port and Freezone inks several agreements to boost marine services\">\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=Oman%E2%80%99s+Sohar+Port+and+Freezone+inks+several+agreements+to+boost+marine+services+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F01%2F03%2Fomans-sohar-port-and-freezone-inks-several-agreements-to-boost-marine-services%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\/2024\/01\/03\/omans-sohar-port-and-freezone-inks-several-agreements-to-boost-marine-services\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/91.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75893\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/omans-sohar-port-and-freezone-inks-several-agreements-to-boost-marine-services\/91-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/91.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"91.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/91.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/91.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75892\" class=\"content-area-description single-story post-75892 post type-post status-publish format-standard has-post-thumbnail hentry category-shipping-maritime tag-oman tag-ports tag-shipping-maritime tag-sohar-port 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\/2024\/1\/.8aba11d9-9897-45ee-8c13-98964a617db8.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Sohar port and freezone inks three agreements for marine services:<\/strong>Oman\u2019s <a target=\"_blank\" href=\"https:\/\/soharportandfreezone.om\/en\" style=\"\" rel=\"noopener\">Sohar port<\/a><a target=\"_blank\" href=\"https:\/\/soharportandfreezone.om\/en\" style=\"\" rel=\"noopener\">and Freezone<\/a> has signed three agreements with local companies to boost comprehensive marine services, according to a <a target=\"_blank\" href=\"https:\/\/soharportandfreezone.om\/en\/media\/news-events\/5556\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The move looks to enhance In-Country Value (ICV) and support local companies and covers vessel tank cleaning services, bunkering services, and medical services. A timeline and financial details for the agreements were not disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>First, upgrades to cleaning services: <\/strong>Sohar inked an agreement with Global Tank Solution to upgrade vessel tank cleaning services at Sohar port using mechanized cleaning technologies, automated and non-man entry tank cleaning systems, and skill development initiatives in a bid to increase local maritime services competitiveness, the statement notes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Then bunkering services: <\/strong>The port also inked an agreement with Global Oil Resources (GOR) to form a partnership to enhance bunkering services at the port via the supply of marine gas oil and very low sulfur fuel oil (VLSFO.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And finally, medical support: <\/strong>Sohar also signed an agreement with <a target=\"_blank\" href=\"https:\/\/amc.com.cy\/\" style=\"\" rel=\"noopener\">American Medical Center<\/a> in partnership with <a target=\"_blank\" href=\"https:\/\/www.slmarinemedical.com\/\" style=\"\" rel=\"noopener\">Star Lake Medical Services<\/a> to provide a comprehensive set of medical services to seafarers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Sohar Port and Freezone:<\/strong> The facility is a deep-sea port and freezone that is managed by Sohar Industrial Port company, a 50:50 joint venture by the Port of Rotterdam and Oman, according to its <a target=\"_blank\" href=\"https:\/\/soharportandfreezone.om\/en\/who-we-are\/about-sohar\" style=\"\" rel=\"noopener\">website<\/a>. The port can handle the world\u2019s largest vessels and has container, dry bulk, liquid, gas and general cargo terminals that are operated by leading global players. The adjoining 4.5k hectares Freezone has attracted investments worth USD 27 bn, with plans underway for phase 2 of developments at the freezone.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/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\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/sohar-port\/\">Sohar port<\/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=\"75894\" 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=\"75894\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/yemen-inaugurates-single-window-system-at-hodeidah-port\/\">\r\n                            Yemen inaugurates single window system at Hodeidah 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\/2024\/01\/03\/yemen-inaugurates-single-window-system-at-hodeidah-port\/\" 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\/2024\/01\/03\/yemen-inaugurates-single-window-system-at-hodeidah-port\/')\">\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\/2024\/01\/03\/yemen-inaugurates-single-window-system-at-hodeidah-port\/\">\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=Yemen inaugurates single window system at Hodeidah Port&url=https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/yemen-inaugurates-single-window-system-at-hodeidah-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\/2024\/01\/03\/yemen-inaugurates-single-window-system-at-hodeidah-port\/&title=Yemen inaugurates single window system at Hodeidah 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=Yemen+inaugurates+single+window+system+at+Hodeidah+Port+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F01%2F03%2Fyemen-inaugurates-single-window-system-at-hodeidah-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\/2024\/01\/03\/yemen-inaugurates-single-window-system-at-hodeidah-port\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/141.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75895\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/yemen-inaugurates-single-window-system-at-hodeidah-port\/141-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/141.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"141.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/141.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/141.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75894\" class=\"content-area-description single-story post-75894 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-decarbonization tag-deliveroo tag-hodeidah-port tag-kuwait tag-last-mile-delivery tag-ports tag-shipping-maritime tag-uae tag-yemen 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\/2024\/1\/.6348364a-1821-4029-816f-49ff76ad5ee6.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">PORT NEWS IN YEMEN AND IRAN<strong>-<\/strong> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Yemen launched a maritime single window service at Hodeidah Port to streamline <\/strong><strong>and simplify information exchange<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.mot.gov.ye\/al-naimi-al-durrah-and-al-mutahhar-inaugurate-work-on-the-single-sea-window-in-hodeidah-port\/?lang=en&feed_id=6060&_unique_id=6593c51f9e3e9\" style=\"\" rel=\"noopener\">statement<\/a>. The project plans to automate and simplify the exchange of information between all parties in Yemen\u2019s maritime sector with regards to the arrival and departure of ships and the movement of goods and containers. The move should also increase efficiency in transport procedures and increase security and safety in the maritime supply chain. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iran\u2019s Pars Special Energy Economic Zone (PSEEZ) has started equipping dock number <\/strong><strong>10 at Pars petrochemical export port in Assaluyeh<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.shana.ir\/news\/635476\/%D8%B9%D9%85%D9%84%DB%8C%D8%A7%D8%AA-%D8%A7%D8%AC%D8%B1%D8%A7%DB%8C%DB%8C-%D8%AA%D8%AC%D9%87%DB%8C%D8%B2-%D8%A7%D8%B3%DA%A9%D9%84%D9%87-%DB%B1%DB%B0-%D9%85%D8%AC%D8%AA%D9%85%D8%B9-%D8%A8%D9%86%D8%AF%D8%B1%DB%8C-%D9%BE%D8%A7%D8%B1%D8%B3-%D8%A2%D8%BA%D8%A7%D8%B2-%D8%B4%D8%AF\" style=\"\" rel=\"noopener\">Shana<\/a> reports. The dock \u2014 primarily used for exporting liquefied petroleum gas (LPG) \u2014 should increase PSEEZ\u2019s exporting capabilities to 2.5 mn tons of LPG annually, worth an estimated USD 1.5 bn in annual revenue. Iran\u2019s National Oil Company invested USD 30 mn to build the dock.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WIDER FOOD DELIVERY IN KUWAIT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UK-based food delivery platform Deliveroo\u2019s services now cover all of Kuwait with its <\/strong><strong>expansion to the country\u2019s southernmost regions<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/deliveroo-attains-full-population-coverage-across-kuwait-xpjcz97p\" style=\"\" rel=\"noopener\">statement<\/a>. The company says it will now provide delivery services to all permanent population centers, including Sabah Al Ahmad, Ali Sabah Al Salem, Khairan, Sabah Al Ahmad Sea City, Wafra, Julaia, Bnaider, and Dubaeeiya.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Iraqi Airlines welcomes <\/strong><strong>Boeing 737-8 back into service:<\/strong> Iraqi Airlines is returning a Boeing 737-8 back to service after it underwent necessary maintenance operations. This is the third aircraft the airline has returned to service within the last week, following a CRJ 900 and an A220. (<a target=\"_blank\" href=\"https:\/\/motrans.gov.iq\/?article=1445\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Etihad Airways increases India flights: <\/strong>The UAE\u2019s national airline Etihad Airways introduced on 1 January two new daily flights from Abu Dhabi to Kozhikode and Thiruvananthapuram in the Kerala region of India. (<a target=\"_blank\" href=\"https:\/\/www.etihad.com\/en\/news\/new-year-new-flights-as-etihad-welcomes-2024-with-more-destinations-to-india\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>RTA awards project for Dubai street lighting<\/strong><strong>:<\/strong> The UAE Roads and Transport Authority has awarded a contract for an AED 278 mn street lighting project covering 40 districts and streets in Dubai. (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/road-and-transport-authority_aevaeyaeoaerabraepaesaefaezaeqabraewabraepaesaetaewaepaedaesaepaes-activity-7147882163953209345-iaIF?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/decarbonization\/\">decarbonization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/deliveroo\/\">Deliveroo<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/hodeidah-port\/\">Hodeidah Port<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/last-mile-delivery\/\">last-mile delivery<\/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\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/yemen\/\">Yemen<\/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=\"75896\" 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=\"75896\">\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\/2024\/01\/03\/ethiopia-inks-to-gain-red-sea-port-access-somaliland\/\">\r\n                            Ethiopia to gain Red Sea port access from Somaliland                        <\/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\/2024\/01\/03\/ethiopia-inks-to-gain-red-sea-port-access-somaliland\/\" 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\/2024\/01\/03\/ethiopia-inks-to-gain-red-sea-port-access-somaliland\/')\">\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\/2024\/01\/03\/ethiopia-inks-to-gain-red-sea-port-access-somaliland\/\">\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=Ethiopia inks to gain Red Sea port access Somaliland&url=https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/ethiopia-inks-to-gain-red-sea-port-access-somaliland\/\">\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\/2024\/01\/03\/ethiopia-inks-to-gain-red-sea-port-access-somaliland\/&title=Ethiopia inks to gain Red Sea port access Somaliland\">\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=Ethiopia+inks+to+gain+Red+Sea+port+access+Somaliland+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F01%2F03%2Fethiopia-inks-to-gain-red-sea-port-access-somaliland%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\/2024\/01\/03\/ethiopia-inks-to-gain-red-sea-port-access-somaliland\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/143.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"75897\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/03\/ethiopia-inks-to-gain-red-sea-port-access-somaliland\/143-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/143.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"143.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/143.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/143.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75896\" class=\"content-area-description single-story post-75896 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-ports tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.486536d6-1fc8-46f2-8376-6935ba1c58b4.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ethiopia and Somaliland ink MoU for Red Sea access<\/strong><strong>:<\/strong> Ethiopia has inked an MoU with Somaliland to gain access to its Red Sea port of Berbera, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/africa\/landlocked-ethiopia-signs-pact-use-somalilands-red-sea-port-2024-01-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Under the agreement, Somaliland will give Ethiopia access to its Red Sea port for military and commercial purposes for a period of 50 years, <a target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/ethiopia-offers-airline-stake-somaliland-172109670.html\" style=\"\" rel=\"noopener\">Yahoo Finance<\/a> reports. This includes a 20 km long strip that will be leased to Ethiopia as one of its entry ports. In exchange, Somaliland, a breakaway region of Somalia, would receive Ethiopia\u2019s recognition of independence \u201cin due course\u201d as well as a stake in Ethiopian Airlines.<\/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>China lowers tariffs on many foreign goods<\/strong><strong>: <\/strong>China, effective 1 January, has lowered tariffs on over 1k goods from other countries and applied preferential tariff rates for 43 of the least-developed countries, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/13p0nt0-china%E2%80%99s-tariff-adjustments-come-into-effect-boost\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The tariffs are in line with 20 freetrade or preferential trade agreements with 30 countries or regions. China has reduced import tariffs on resources, key equipment, food formulated for medical purposes, and parts that are in short supply domestically. Zero tariffs will be applied for some medicines, raw materials for oncology drugs, and drugs for rare disease. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A boost for China\u2019s global industry and supply chains: <\/strong>The tariffs will ensure the secure supply of products, lower costs, and help the country accelerate innovative development of advanced manufacturing, Beijing Academy of Social Sciences associate researcher Wang Peng told the <a target=\"_blank\" href=\"https:\/\/www.globaltimes.cn\/page\/202401\/1304604.shtml\" style=\"\" rel=\"noopener\">Global Times<\/a> on Monday. The move will grant goods from more countries access to China\u2019s huge consumer market, Peng added.<\/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>Russian oil cargoes move away from India<\/strong><strong>:<\/strong> Six vessels transporting Russian Sokol crude, which have been idling off the coast of India for days amid payment issues, are moving away from the country and heading eastwards towards the Malacca Strait, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-02\/russian-oil-cargoes-head-away-from-india-amid-payment-issues?srnd=economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. \u201cChina seems to have stepped in to save the idling Sokol cargo,\u201d said Viktor Katona, lead crude analyst at data intelligence provider Kpler. Indian refiners did not receive a single Sokol shipment in December due to payment issues, and India\u2019s oil imports from Russia declined that month to their lowest since January 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Russian Urals oil fell below the Western USD 60 cap amid increased freight rates caused by new US sanctions on shipowners and a decline in global oil prices <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/edition\/logistics\/ccfeba24-ff5e-4f60-9654-370ee6ce723a\" style=\"\" rel=\"noopener\">in November<\/a>. Freight rates for Urals oil shipments from Russia's Baltic ports of Primorsk and Ust-Luga to India rose to USD 9.2-9.5 mn per tanker per voyage on Friday, up from USD 8 mn last week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>A price cap of USD 60 per barrel on shipments of Russian oil mandated by G7 countries and Australia came into effect last February. The regulation seeks to curb revenues that Moscow can divert to its war in Ukraine while also ensuring relative stability in global oil supplies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Wisdom Marine Group + Synergy launch maritime JV:<\/strong> Taiwan\u2019s <a target=\"_blank\" href=\"https:\/\/www.wisdomlines.com.tw\/\" style=\"\" rel=\"noopener\">Wisdom<\/a><a target=\"_blank\" href=\"https:\/\/www.wisdomlines.com.tw\/\" style=\"\" rel=\"noopener\">Marine Group<\/a> and Singapore\u2019s <a target=\"_blank\" href=\"https:\/\/www.synergymarinegroup.com\/\" style=\"\" rel=\"noopener\">Synergy Group<\/a> have launched a bulk carrier joint venture \u2014 dubbed Wisdom Synergy Ship Management \u2014 to provide ship management services. The JV will be headquartered in Singapore with operational centers in Taiwan and India. (<a target=\"_blank\" href=\"https:\/\/www.synergymarinegroup.com\/wisdom-marine-group-and-synergy-group-launch-strategic-bulk-carrier-joint-venture\/\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/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\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"75898\" 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\/2024\/01\/03\/75898\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-75898\" class=\"content-area-description single-story post-75898 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> Calendar<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">JANUARY <\/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=\"font-weight:400;\">, 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=\"font-weight:400;\"> (ICSCM2024), Singapore.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span 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=\"font-weight:400;\">, 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 <\/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 style=\"font-weight:400;\">, 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 style=\"font-weight:400;\"> (ME ProcureTech Summit, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>12-13 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 style=\"font-weight:400;\">, 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 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>12-15 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 style=\"font-weight:400;\">, 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 <\/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 style=\"font-weight:400;\"> (Marlog), 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>4-8 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 style=\"font-weight:400;\">, 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=\"\">Truck 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 <\/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 April- 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 style=\"font-weight:400;\">, 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 Conference<\/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>April: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.investinabudhabi.gov.ae\/News\/Abu-Dhabi-to-Host-DRIFTx-For-Smart-and-Autonomous-Mobility\" style=\"\">Driftx<\/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 style=\"font-weight:700;\">MAY <\/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 International Conference on Logistics Operations Management: smart, sustainable and green logistics<\/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=\"\">2024 IEEE 15th international conference on Logistics and Supply Chain Management<\/a><\/span><span style=\"font-weight:400;\">, University of Sousse, 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>7-9 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aimcongress.com\/\" style=\"\">Annual Investment Meeting (AIM) Congress<\/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>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 style=\"font-weight:400;\">, 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>14-16 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 <\/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 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 Annual 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 <\/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=\"\">Asean 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 <\/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 style=\"font-weight:400;\">, 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 <\/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:400;\">20 December (Wednesday): The 5th Iran-Senegal Joint Economic Cooperation Commission, Dakar. <\/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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span> 2H 2024: Bahri\u2019s barges for Saline Water Conversion Corporation (SWCC) to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/tools.eurolandir.com\/tools\/Pressreleases\/GetPressRelease\/?ID=4438553&lang=en-GB&companycode=sa-bahri&v=redesign\" style=\"\">begin<\/a><\/span><span style=\"font-weight:400;\"> initial and commercial operation.<\/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;\">AD Ports-operated Safaga Port\u2019s multi-purpose terminal will 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=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.apmterminals.com\/en\/news\/news-releases\/2023\/231213-one-million-teu-expansion-at-apm-terminals-tangier-med-port-operational#:~:text=12%2F18%2F2023-,One%20million%20TEU%20expansion%20at%20APM%20Terminals%20Tangier%20MedPort%20operational,an%20additional%20400%20metre%20berth.\" style=\"\">Phase 3<\/a><\/span><span style=\"font-weight:400;\"> of APM Terminals Tangier MedPort to be complete and 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:400;\">1Q 2025: Sadr Park\u2019s Logistics Center in Riyadh to be completed. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>1Q 2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.jafza.ae\/media-centre\/news\/jafza-completes-phase-1-of-new-logistics-park\/\" style=\"\">Phase two<\/a><\/span><span style=\"font-weight:400;\">of Jafza Logistics Park to be completed.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">4Q 2027: Oman\u2019s Musandam Airport construction to be completed.<\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Maersk\u2019s Red Sea traffic grinds to a halt | AD Port\u2019s Noatum snaps up APM Terminals Castell\u00f3n | KSA green lights eight new road development projects<\/p>\n","protected":false},"featured_media":75880,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-75879","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a3bcca80-0093-4639-85e7-a4b56cf8a702","teaser":"Maersk\u2019s Red Sea traffic grinds to a halt | AD Port\u2019s Noatum snaps up APM Terminals Castell\u00f3n | KSA green lights eight new road development projects","photo_url":"https:\/\/ent.news\/2021\/5\/2962.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>Maersk 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