{"id":76219,"date":"2024-01-22T00:00:00","date_gmt":"2024-01-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=76219"},"modified":"2025-12-15T14:02:03","modified_gmt":"2025-12-15T14:02:03","slug":"reroutes-continue-and-air-freight-demand-surges-amid-continued-red-sea-disruptions","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/reroutes-continue-and-air-freight-demand-surges-amid-continued-red-sea-disruptions\/","title":{"rendered":"Reroutes continue and air freight demand surges amid continued Red Sea disruptions"},"content":{"rendered":"<section id=\"76221\" 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=\"76221\">\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\/22\/today-red-sea-reroutes-continue-qatars-flag-logistics-set-to-establish-oman-hub\/\">\r\n                            TODAY: Red Sea reroutes continue + Qatar\u2019s Flag Logistics set to establish Oman hub                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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data-image-meta=\"[]\" data-image-title=\"1246.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1246.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1246.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76221\" class=\"content-area-description single-story post-76221 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-iraq tag-ports tag-trade tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.136819ac-6ebb-4acb-a5cd-8e5e457f8ab7.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, nice people. <\/strong>We have all the latest on disruptions to shipping in the Red Sea and the ramifications this morning, as well as all the details on Oman\u2019s newest logistics hub.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/ksaform.enterprise.news\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/152.jpg?ssl=1\"\/><\/a> <\/p>\n<p class=\"tag-border-left\">PSA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Oman<\/strong><strong> opened <\/strong><strong>the OMR 3.2 mn Wadi Afful Bridge in Rakhyut, Dhofar yesterday<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.mtcit.gov.om\/ITAPortal\/MediaCenter\/NewsDetail.aspx?NID=91269\" style=\"\" rel=\"noopener\">statement<\/a>. The project involved paving 1.3k kilometers of asphalt, including a 300-meter concrete bridge.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Saudi Ports Authority (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\/\" style=\"\" rel=\"noopener\">Mawani<\/a><\/strong><strong>) will run a virtual workshop for <\/strong><strong>Prominent Vessel <\/strong><strong>Owners <\/strong><strong>in Saudi Arabia on Tuesday, 30 January<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/mawaniksa_mawani-activity-7153720791811973122-eQKQ?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a>. The workshop will look into the challenges faced in KSA vessel registry and discuss incentives for the adoption of international standards to boost the appeal of flagging under KSA. Participants can register <a target=\"_blank\" href=\"https:\/\/www.surveymonkey.com\/r\/8NX26BV\" style=\"\" rel=\"noopener\">here<\/a>. <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>The rehabilitation of Iraq's Khor Al-Zubair Port in Basra is 97% complete and is <\/strong><strong>set to <\/strong><strong>be finalized by 2025<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/mop.gov.iq\/archives\/18150\" style=\"\" rel=\"noopener\">statement<\/a>. The project \u2014 which is funded by ODA loans from the Japan International Cooperation Agency (JICA) \u2014 involves setting up a power station, a firefighting system, a 340-meter oil berth, and a 50k square-meter truck yard. The second phase of the project will involve adding marine tugs, boats, and a drydock in the future.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>AND-<\/strong><strong>Iraq is making moves to join the WTO<\/strong><strong>:<\/strong> Iraq is taking \u201cserious steps\u201d to join the World Trade Organization (WTO) to further the country\u2019s aspirations to boost transparent cooperation and strategic commercial trade partnerships globally, head of Iraq\u2019s team focusing on WTO accession Saqr Abduallah Al-Muqbel told <a target=\"_blank\" href=\"https:\/\/ina.iq\/eng\/30957-iraq-is-taking-serious-steps-to-join-the-world-trade-organization.html\" style=\"\" rel=\"noopener\">INA<\/a> on Thursday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#2- The US<\/strong><strong> rolls out its first price cap-related sanctions for 2024<\/strong><strong>:<\/strong> The US Department of the <a target=\"_blank\" href=\"https:\/\/ofac.treasury.gov\/\" style=\"\" rel=\"noopener\">Treasury\u2019s Office of Foreign Assets Control<\/a> (OFAC) has sanctioned UAE-based shipowner Hennesea Holdings for violating price caps on Russian oil while employing US-based services, according to a <a target=\"_blank\" href=\"https:\/\/home.treasury.gov\/news\/press-releases\/jy2028\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The move sees the outfit\u2019s assets in the US blocked, with severe restrictions on its transactions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI:<\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/86eb2b55-37ee-4f0d-ba2d-1406edbddbb2\" style=\"\" rel=\"noopener\">December<\/a> saw OFAC tighten its sanctions guidelines and hit out at a UAE-based subsidiary of Russia\u2019s state-owned fleet operator <a target=\"_blank\" href=\"https:\/\/www.sovcomflot.ru\/en\/\" style=\"\" rel=\"noopener\">Sovcomflot<\/a>, in addition to a UAE-based and two Hong Kong based \u201cunder-the-radar\u201d traders. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Boeing\u2019s woes continue:<\/strong> A Boeing 747 freighter operated by US air freight giant <a target=\"_blank\" href=\"https:\/\/www.atlasair.com\/\" style=\"\" rel=\"noopener\">Atlas Air<\/a> was forced to make an emergency landing at Miami International Airport late Thursday after suffering an engine fire shortly after take off, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/atlas-air-says-cargo-aircraft-landed-miami-after-engine-malfunction-2024-01-19\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday. The US <a target=\"_blank\" href=\"https:\/\/www.faa.gov\/\" style=\"\" rel=\"noopener\">Federal Aviation Administration<\/a> (FAA) and <a target=\"_blank\" href=\"https:\/\/www.ntsb.gov\/Pages\/home.aspx\" style=\"\" rel=\"noopener\">National Transportation Safety Board<\/a> are looking into the incident, with a post-flight check revealing a \u201ca softball-size hole above the engine,\u201d the newswire cited the FAA as saying. No injuries were reported as a result of the incident.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI:<\/strong>Aircraft maker <a target=\"_blank\" href=\"https:\/\/www.boeing.com\/\" style=\"\" rel=\"noopener\">Boeing<\/a> is facing mounting scrutiny following an incident with an <a target=\"_blank\" href=\"https:\/\/www.alaskaair.com\/\" style=\"\" rel=\"noopener\">Alaska Airlines<\/a> 737 MAX 9 flight that saw a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ae0169c6-1bc3-4364-b89e-1b0c15230ff5\" style=\"\" rel=\"noopener\">panel fly off mid flight<\/a> and subsequent investigations by the airline revealed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/5d033fa3-b9cd-4480-8e5d-a9c3527209a2\" style=\"\" rel=\"noopener\">manufacturing flaws<\/a> in its Boeing 737 MAX 9 fleet.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Akasa and Delta Airlines have orders on the books:<\/strong> Indian budget carrier <a target=\"_blank\" href=\"https:\/\/www.akasaair.com\/\" style=\"\" rel=\"noopener\">Akasa Air<\/a> has ordered 150 Boeing 737 Max aircrafts, with the order not including the MAX 9 variant that is undergoing scrutiny, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/boeing-bags-150-max-planes-order-indias-akasa-air-2024-01-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday, citing a company <a target=\"_blank\" href=\"https:\/\/www.akasaair.com\/news-room\/akasa-press-releases\/akasa-air-announces-its-three-digit-aircraft-order-of-150-boeing-737-max-aircraft-at-wings-india-2024\" style=\"\" rel=\"noopener\">statement<\/a>. US <a target=\"_blank\" href=\"https:\/\/www.delta.com\/\" style=\"\" rel=\"noopener\">Delta Airlines<\/a> also plans to follow-through with an order of 100 Boeing 737 MAX 10 aircraft, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/01\/19\/boeing-news-delta-ceo-confident-about-max-10-order.html\" style=\"\" rel=\"noopener\">CNBC<\/a> reported on Friday, citing statements by CEO Ed Bastian. The order\u2019s first deliveries are slated for next year, but the airline does not intend to take them aboard until they have \u201c1,000% confidence\u201d that they are safe, Bastain said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Australian minister blames <\/strong><strong>DP World for ongoing labor dispute:<\/strong> Australian Workplace Relations Minister Tony Burke is refusing to intervene in the dispute between DP World and the Maritime Union of Australia (MUA), accusing the former of running a political and media campaign rather than resolving matters with its workers, <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/australia-news\/2024\/jan\/18\/tony-burke-refuses-to-intervene-in-port-dispute-as-he-accuses-dp-world-of-misguided-political-campaign\" style=\"\" rel=\"noopener\">The Guardian<\/a> reported on Thursday, citing comments by Burke following a meeting with both parties on Thursday. Burke said that if DP World had invested into reaching an agreement instead of a media campaign, then a resolution could have been reached. Union workers have been fighting for better pay since <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/62f7d912-1540-45b7-8e75-26ef5f7ba276\" style=\"\" rel=\"noopener\">October<\/a>, and Australia\u2019s <a target=\"_blank\" href=\"https:\/\/www.fwc.gov.au\/\" style=\"\" rel=\"noopener\">Fair Work Commission<\/a> (FWC) workplace tribunal recently told workers that their work stoppages could continue at DP World\u2019s Sydney, Brisbane, and Fremantle terminals. Burke told reporters that he has made it clear that both parties are expected to be at the table to negotiate and resolve this matter, and that they can rely on the FWC to facilitate, the newswire reports.<\/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\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#1- <\/strong><strong>Qatar Energy is set to ink a long-term agreement with India<\/strong><strong>to provide LNG at a <\/strong><strong>cheaper price and more flexible terms<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/qatar-set-sign-cheaper-long-term-lng-deal-with-india-2024-01-19\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing sources with knowledge of the matter. Qatar Energy and Indian companies are set to sign the agreement \u2014 which would extend to 2050 \u2014 by early February. The agreement would extend beyond 2028 contracts for the supply of 8.5 mn tonnes per year (tpy) of LNG to Indian buyers, supporting India\u2019s aim to boost the share of natural gas in its energy mix to 15% by 2030. Qatar aims to increase liquefaction capacity to 126 mn tpy by 2027, up from 77 mn, to strengthen its presence in Asia and Europe amid increased competition from US supplies. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER - <\/strong>Qatar Energy and Shell <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2f178b9d-70f0-47c5-9534-48839334cb70\" style=\"\" rel=\"noopener\">previously signed<\/a> two long-term liquified natural gas (LNG) sale and purchase agreements (SPA) for the supply of up to 3.5 mn tons per year of LNG to the Netherlands for 27 years. Qatar Energy also inked two LNG SPAs with TotalEnergies to supply France with gas. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Oil prices saw an increase on Thursday as OPEC forecasted a <\/strong><strong>robust demand growth in 2024 and 2025<\/strong>, and as a cold snap disrupted US production and tensions remained high in the Middle East, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-prices-edge-higher-opec-demand-estimate-while-cold-hits-us-output-2024-01-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday. Brent crude rallied 0.6% to USD 78.37 while West Texas Intermediate (WTI) crude rose 1.0% to USD 73.26 a barrel. OPEC expects global demand for oil to increase 2.25 mn barrels per day (bp) for 2024, and by 1.85 mn bpd for 2025, the newswire said citing an OPEC report.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Severe weather conditions hitting Texas and Louisiana have disrupted US <\/strong><strong>LNG exports<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-18\/us-deep-freeze-force-lng-exporters-to-cancel-and-delay-shipments?srnd=economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Thursday. The cold snap has led to cancellations and delays in shipments from facilities in the two states, including Cameron LNG and Cheniere Energy. The extreme weather also saw some ports closed. Disruptions are expected to resolve by next week as temperatures get warmer. Global markets are not expected to be impacted as LNG stocks in Asia and Europe remain high, with European gas futures falling to their lowest in five months on Wednesday, the outlet said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a>#4- <\/strong><strong>The Baltic Exchange's dry bulk sea freight index is at its<\/strong><strong> lowest in four months<\/strong>, after dipping for an eighth consecutive session on Wednesday, <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/baltic-index-extends-slide-but-higher-panamax-rates-stem-losses\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported. Losses were mitigated however by an uptick in panamax rates. The overall index \u2014 which factors rates for capesize, panamax, and supramax vessels \u2014 fell 1.2% to settle at 1308 points on Wednesday, its smallest decline over the previous eight sessions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong>Russia beats out Saudi Arabia as China\u2019s primary crude oil supplier in 2023<\/strong>,exporting some 107 mn tons and pulling far ahead of rivals KSA and Iraq, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/china-defies-sanctions-make-russia-its-biggest-oil-supplier-2023-2024-01-20\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Saturday, citing Chinese customs data. Western sanction on Russian crude has led to it being sold at a discount to other products, boosting demand from refineries in India and China. Saudi Arabia\u2019s exports to China declined 1.8% for the year to just under 86 mn tons as the country ceded market share in China to cheaper Russian crude, the newswire said.<\/p>\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Dubai\u2019s Roads and Transport Authority (RTA) reduced travel time by 50% and <\/strong><strong>increased vehicular capacity on a number of roads by up to 25% in 2023<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.rta.ae\/wps\/portal\/rta\/ae\/home\/news-and-media\/all-news\/NewsDetails\/completing-traffic-improvements-across-14-sites-in-2023\" style=\"\" rel=\"noopener\">statement<\/a> on Sunday. The RTA, as part of its ongoing Quick Traffic Improvements Plan, upgraded intersections and expanded roads to reduce travel time and eliminate congestion. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Queen Alia International Airport (QAIA) handled some 67.4k tons of cargo in 20<\/strong><strong>23<\/strong>, a 9.9% y-o-y increase, according to an <a target=\"_blank\" href=\"https:\/\/www.aig.aero\/English\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">Airport International Group<\/a> (AIG) <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/queen-alia-international-airport-welcomes-over-92mln-passengers-in-2023-sco7jrxe\" style=\"\" rel=\"noopener\">press release<\/a>. QAIA also saw 77.7k aircraft movements in the same period, a 13.7% y-o-y increase. The airport recorded 6.4k tons of cargo in December 2023, a 30.4% y-o-y increase, and 5.6k aircraft movements in the same period, a 1.5% y-o-y decrease, according to the release. The annual figures are driven by AIG's partnerships with new airlines, with a total of 44 cargo and passenger airlines operating via QAIA in 2023, according to the release.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Global air cargo <\/strong><strong>tonnages<\/strong><strong> rebounded during the second week of 2024<\/strong>, increasing 24% from the previous week, <a target=\"_blank\" href=\"https:\/\/www.transportandlogisticsme.com\/smart-air-freight\/air-cargo-volumes-bounce-back-after-new-year-slowdown\" style=\"\" rel=\"noopener\">Transport & Logistics Middle East<\/a> reports, citing WorldACD Market Data. This followed a 30% drop in the second half of December and a 3% fall in the first week of January. Despite a 24% y-o-y decrease in pricing, rates remain 31% above January 2019 levels. Last year, increased demand to Europe from Asia Pacific and the Middle East & South Asia showed a potential move to air cargo amid ongoing disruptions in the Red Sea. Cargo owners are also increasingly eyeing air transport due to longer ocean voyages.<\/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:\/\/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>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.petrospot.com\/events\/mebc24-dubai\" style=\"\" rel=\"noopener\">Middle East Bunkering Convention<\/a><\/strong><strong> from Monday, 5 Febru<\/strong><strong>ary through to Wednesday, 7 February<\/strong> in Dubai. The event will bring together industry experts to tap into issues affecting the global marine fuel sector, including supply chains, decarbonization, and new fuels.<\/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.safcongressmena.com\/\" style=\"\" rel=\"noopener\">Sustainable Aviation Futures MENA<\/a><\/strong><strong> from Monday, <\/strong><strong>12 February through to Wednesday, 14 February<\/strong> in Dubai. The event will see 80 expert speakers and upwards of 200 high level attendants and will handle topics pertaining to regulation, financing, and investments in Sustainable Aviation Fuels (SAF) in MENA.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/10times.com\/e1x3-42g7-krkg\" style=\"\" rel=\"noopener\">Future Warehouse & Logistics 2024 Conference<\/a><\/strong><strong> from<\/strong><strong> Monday, 12 February to Wednesday, 14 February<\/strong> in Dubai. The event will handle means for supply chain leaders to boost resilience and overcome challenges, with discussions on disruptions, sustainability, Internet of Things (IoT), automation, workplace management and other topics.<\/p>\n<p style=\"padding: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 UAE will host the<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.tradetechglobal.org\/tradetechforum24\" style=\"\" rel=\"noopener\">TradeTech Forum<\/a><\/strong><strong>on Tuesday, 27 February<\/strong> in Abu Dhabi. The forum will see some 180 trade leaders and experts discuss the technologically advanced trade environment and a showcase of trade tech solutions. <\/p>\n<p style=\"padding: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 UAE will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.itp.events\/LogisticsMiddleEastAwards\" style=\"\" rel=\"noopener\">The Logistics Middle East Award<\/a><\/strong><strong> on Wednesday, 6 March<\/strong> inDubai. The awards ceremony brings together industry experts to celebrate the sector\u2019s biggest accomplishments over the previous 12 months.The deadline for submitting nominations is Friday, 19 January. <\/p>\n<p style=\"padding: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 UAE will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.evinnovationsummit.com\/\" style=\"\" rel=\"noopener\">The Electric Vehicle Innovation Summit<\/a><\/strong><strong> from Monday, 20 May to <\/strong><strong>Wednesday, 22 May <\/strong>in Abu Dhabi. The event will see industry leaders come together to discuss sustainable mobility and tapping into groundbreaking advancements in electric vehicles while engaging with key decision-makers.<\/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\/iraq\/\">Iraq<\/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                        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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=\"76224\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Disruption Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/22\/reroutes-continue-and-air-freight-demand-surges-amid-continued-red-sea-disruptions\/\">\r\n                            Reroutes continue and air freight demand surges amid continued Red Sea disruptions                        <\/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\" 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1718.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1718.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1718.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1718.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76224\" class=\"content-area-description single-story post-76224 post type-post status-publish format-standard has-post-thumbnail hentry category-disruption-watch tag-ap-moller tag-bunkering tag-cargo tag-disruption-watch tag-iraq tag-ksa tag-shipping-maritime 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\/.46ece97f-a53b-4345-84e0-5497fd260926.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>The US military carried out more strikes against the Houthis on Thursday, <\/strong>targeting two anti-ship missile sites, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/indian-navy-rescues-crew-after-attack-ship-off-coast-yemen-2024-01-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The missiles were reportedly being prepped for firing and were judged to be \u201can imminent threat\u201d to shipping and US Navy vessels in the area, the newswire writes, citing comments made by the US military. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The latest attack came on the heels of another round of American strikes<\/strong><strong> earlier on <\/strong><strong>Wednesday night targeting 14 missile sites<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-18\/us-unleashes-more-yemen-strikes-as-houthi-ship-attacks-continue\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Thursday, citing the US Central Command (Centcom). The strikes were reported near Hodeida and Saada, the newswire cited Yemeni media as saying. Wednesday\u2019s strikes were preceded by a drone attack against a US-owned bulk carrier, dubbed the Genco Picardy, which resulted in material damage but no injuries to crewmen, Centcom also said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Yemen\u2019s <\/strong><strong>Houthis launched two anti-ship ballistic missiles at a US-owned c<\/strong><strong>hemical tanker on Thursday night, <\/strong>causing no damage or injuries, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/us-says-houthis-launched-missiles-tanker-ship-no-damage-caused-2024-01-19\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday, citing the US military. The Houthis claimed responsibility for the attack against the vessel, dubbed Chem Ranger, claiming \u201cdirect hits,\u201d the newswire added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Safety granted to some<\/strong><strong>:<\/strong>Russian, Chinese, and vessels from \u201call other countries\u201d besides the US, UK, and Israel are safe to transit the Red Sea, Houthi senior political adviser and spokesman Mohammed Al-Bukhaiti told Russian outlet <a target=\"_blank\" href=\"https:\/\/iz.ru\/1636450\/2024-01-19\/v-ansar-allakh-garantirovali-bezopasnost-sudam-rf-i-knr-v-krasnom-more\" style=\"\" rel=\"noopener\">Izvesti<\/a> in a Friday interview. Israeli vessels and those with links to Israel will continue to be singled out and targeted, Bukhaiti affirmed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The US slaps the Houthis with an X: <\/strong>The US has re-designated the Houthis as a terrorist group in the wake of the Iranian-backed militia\u2019s latest attack against a US-owned vessel which coincided with Wednesday\u2019s US-led strikes, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/business-heads-see-red-sea-tensions-causing-lengthy-trade-dislocation-2024-01-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday. The move is intended to cut off funding and weapons the group could use to support its attacks against shipping, the newswire said. Joe Biden also vowed to continue airstrikes while recognizing that they have not yet deterred the Houthis, Reuters reported <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/us-says-houthis-launched-missiles-tanker-ship-no-damage-caused-2024-01-19\/\" style=\"\" rel=\"noopener\">separately<\/a> on Friday. \u201cAre they stopping the Houthis? No. Are they gonna continue? Yes,\u201d the newswire cited Biden as telling reporters aboard Air Force One.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Italy wants a decision on <\/strong><strong>an EU naval mission for the Red Sea by today<\/strong> in a bid to launch operations as early as possible, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/italy-pushes-quick-decision-eu-maritime-red-sea-force-2024-01-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week, citing statements by the country\u2019s foreign minister. The EU\u2019s Political and Security Committee bloc gave its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/dd701a1b-a65f-406a-acfd-6fe03cb3307b\" style=\"\" rel=\"noopener\">initial backing<\/a> for the move earlier last week. Italy, Germany, and France are expected to contribute to the force which will coordinate with the existing <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/63030924-732b-4997-9666-512efc8ffbc5\" style=\"\" rel=\"noopener\">US-led naval coalition<\/a>, the newswire added. Red Sea disruptions are contributing to Italy\u2019s economic woes, stifling exports and worsening an already flagging outlook for businesses and industries, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-20\/italian-economy-business-group-says-suez-canal-woes-drain-confidence?srnd=economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday, citing a report by Italian business association <a target=\"_blank\" href=\"https:\/\/www.confindustria.it\/home\" style=\"\" rel=\"noopener\">Confindustria<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Increased attacks have led to a surge in the number of grain carriers<\/strong><strong> rerouting <\/strong><strong>away from the Red Sea and Suez Canal<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/more-grain-ships-divert-red-sea-after-attacks-2024-01-19\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday, citing analysts and traders as saying on Friday. Recent attacks included the targeting of two dry bulk carriers \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f3211dbb-887b-4e9d-b22a-ef18fa6f55ac\" style=\"\" rel=\"noopener\">US-owned Gibraltar Eagle<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/88887eeb-01d7-4b48-8a67-a84ed772cb01\" style=\"\" rel=\"noopener\">Greek-owned Zografia<\/a>. Out of the 7 mn tons of grain cargoes a month transiting the Suez Canal, 3 mn tons were rerouted, with the number diverting this week increasing from 20% to 45%, the newswire cited a Kpler analyst as saying. The disruptions could threaten global food security as lengthy transit times for foods risk spoiling and decreased quality, making them \u201cunsellable,\u201d <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-19\/red-sea-attacks-disrupt-food-trade-and-risk-higher-grocery-prices\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt is feeling the ramifications:<\/strong>Egypt has lost about USD 150 mn in Suez Canal revenue due to ongoing Red Sea disruptions, Bloomberg\u2019s chief emerging markets economist Ziad Daoud <a target=\"_blank\" href=\"https:\/\/twitter.com\/ZiadMDaoud\/status\/1747905918724129174\" style=\"\" rel=\"noopener\">said<\/a> on X. Daoud added that the amount is small in relation to Egypt\u2019s annual GDP of USD 400 bn+, but cautioned that the costs will continue to pile up and come amid a currency crisis in the country. Trade volumes through the Suez Canal fell almost 44% y-o-y during the week ending 19 January to a seven-day moving average of 2.8 mn tons, according to <a target=\"_blank\" href=\"https:\/\/portwatch.imf.org\/pages\/573013af3b6545deaeb50ed1cbaf9444\" style=\"\" rel=\"noopener\">data<\/a> from the IMF\u2019s PortWatch. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There is already an evident spike in air freight cargo bound for Europe<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/01\/19\/air-freight-soars-as-red-sea-vessel-risks-make-more-shippers-nervous.html\" style=\"\" rel=\"noopener\">CNBC<\/a> reported on Thursday, citing ocean and air freight platform <a target=\"_blank\" href=\"https:\/\/www.xeneta.com\/?utm_campaign=Xeneta%20Brand%20Google%20Ads&utm_source=ppc&utm_medium=search&utm_term=ppc&utm_source=adwords&utm_medium=ppc&utm_campaign=WORLD+%7C+ALPHA+%7C+Brand&utm_term=xeneta&hsa_grp=42689901007&hsa_net=adwords&hsa_kw=xeneta&hsa_ver=3&hsa_ad=341599413789&hsa_mt=e&hsa_src=g&hsa_cam=745550334&hsa_acc=2926272242&hsa_tgt=kwd-341878502857&gad_source=1&gclid=Cj0KCQiAnrOtBhDIARIsAFsSe53wJCcPg1OuPsMGGtpHC7Ku_rW0wdAjIADqhNRdam4a_mfmTj2FYosaAmP2EALw_wcB\" style=\"\" rel=\"noopener\">Xeneta<\/a>. Air cargo volumes from Vietnam \u2014 an apparel manufacturing hub \u2014 to Europe have jumped 62% for the week ending 14 January, with volumes for the week noting a 16% y-o-y increase, the outlet wrote citing Xeneta data. Flights are on average 93% full in terms of cargo and it is likely that air freight rates will jump by as much as 10% if demand continues to spike, Xeneta data showed. \u201cThis is all a result of companies trying to mitigate the ocean transit delays,\u201d chief air freight officer for Xeneta Niall van de Wouw said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Red Sea disruptions have exposed the vulnerability of China\u2019s export-oriente<\/strong><strong>d economy to supply chain shocks<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/red-sea-crisis-pressures-chinas-exporters-shipping-delays-costs-mount-2024-01-19\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday. US companies are increasingly relying on factories in Turkey and Vietnam to fill supply gaps, with the risk that more will join the move as Western countries attempt to reduce reliance on Chinese suppliers, the newswire said. Chinese exporters are also contending with a surge in shipping costs and ins. premiums due to the disruptions, eating away at their profit margins, the newswire cited a Chinese exporter as saying. Chinese Premier Li Qiang stressed the need to ensure supply chains remain \u201cstable and smooth\u201d in a speech at Davos, without making specific references to Houthi-led attacks against shipping in the Red Sea.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil markets can endure short-term disruptions <\/strong><strong>but there could be tanker shortages if the situation persists<\/strong>,CEO of Saudi oil giant <a target=\"_blank\" href=\"https:\/\/www.aramco.com\/en\" style=\"\" rel=\"noopener\">Aramco<\/a> Amin Nasser told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/aramco-ceo-predicts-tighter-oil-markets-sees-red-sea-risks-2024-01-17\/#:~:text=DAVOS%2C%20Switzerland%2C%20Jan%2017%20(,Saudi%20oil%20giant%20Aramco%20said.\" style=\"\" rel=\"noopener\">Reuters<\/a> at Davos. Demand growth and tighter stocks \u2014 after consumers used up 400 mn barrels of reserves in the past two years \u2014 are expected to further tighten markets, Nasser added, but spare capacity in OPEC could fill shortfalls in the market.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MARKET REAX<\/strong><strong>-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Rerouting is changing refueling pattern<\/strong><strong>s and boosting demand for bunker fuel at African and Mediterranean ports<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/red-sea-ship-diversions-boost-bunker-demand-prices-africa-mediterranean-2024-01-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday citing traders. Hundreds of vessels have opted to sail around the southern tip of Africa, adding some 10 to 14 days to their journeys and boosting demand for bunker fuels at ports in Mauritius, Gibraltar, the Canary Islands, and South Africa. Low-sulfur bunker fuel prices at Cape Town have surged 15% to next to USD 800 per metric ton since attacks started mid-November, the newswire wrote, citing data from a supplier. While container ships were the first to divert, oil tankers and dry bulk carriers soon followed. The sudden influx of vessels is also straining port infrastructure in Africa, another supplier told the newswire. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Singapore and Rotterdam \u2014 among the largest bunkering hubs globally \u2014 may also see <\/strong><strong>more customers due to <\/strong><strong>competitively priced fuel<\/strong>, Reuters said. Although Rotterdam and Singapore have yet to see an uptick in demand, that is expected to change over the next few weeks as vessels opt to fill up their tanks on competitively priced fuels to hedge against uncertainties due to reroutes, the newswire noted, citing traders and analysts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ir<\/strong><strong>aqi oil exports have reportedly not been affected by disruptions, <\/strong><a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/world\/middle-east\/red-sea-attacks-not-impacting-iraqi-exports-oil-minister-says-wtlstcej\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday, citing statements made by Iraqi Oil Minister Hayan Abdel-Ghani on the sidelines of the World Economic Forum in Davos. Iraq exports some 90% of its oil to Asia, and thus has no need to go through the Red Sea, Abdel Ghani said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tracking data says otherwise:<\/strong> Some 6 mn barrels of Iraqi crude loaded at Basra and another 3 mn barrels of Saudi crude and refined products loaded at ports on the Persian Gulf have diverted away from the Red Sea, with most rerouting immediately following the first round of US-led strikes against the Houthis on 12 January, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-19\/red-sea-dangers-delay-saudi-and-iraqi-oil-export-as-ships-divert\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday, citing ship tracking data. The large volumes of rerouted Iraqi shipments tracked by the outlet seems to contradict the Iraqi oil minister\u2019s statements at Davos.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER DISRUPTION STORIES WORTH NOTING-<\/strong><\/p>\n<ul>\n<li><strong><a target=\"_blank\" href=\"https:\/\/www.cma-cgm.com\/\" style=\"\" rel=\"noopener\">CMA CGM<\/a><\/strong><strong> switches routes for its NEMO service<\/strong><strong>: <\/strong>The French shipping giant has rolled out route changes for its NEMO service connecting Europe, with the Indian Ocean and Australia. Vessels operating the route will no longer transit the Suez Canal, and will instead reroute via the Cape of Good Hope, both ways. (<a target=\"_blank\" href=\"https:\/\/www.cma-cgm.com\/news\/4588\/cma-cgm-to-adapt-the-setup-of-its-nemo-service-connecting-europe-with-indian-ocean-amp-australia-temporary-update-during-red-sea-crisis\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Win<\/strong><strong>ter weather + rerouting of vessels is causing congestion: <\/strong>The rerouting of vessels away from the Red Sea, compounded by winter storm-related disruptions, is expected to last several months. Companies including Maersk will offer customers the option to transfer cargo to air freight at ports in the UAE and Oman and fly their cargoes to Europe or the US. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/maersk-says-poor-weather-europe-red-sea-disruption-cause-congestion-2024-01-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<li><strong>M<\/strong><strong>ore diversions = more container emissions<\/strong><strong>:<\/strong> Container shipments of finished and semi-finished goods from manufacturing hubs in Asia to European markets are facing longer journey times due to rerouting, leading to an increase in vessel emissions. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/red-sea-shipping-diversions-boost-container-sector-emissions-2024-01-17\/\" style=\"\" rel=\"noopener\">Reuters<\/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\/ap-moller\/\">AP Moller<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/bunkering\/\">bunkering<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/cargo\/\">CARGO<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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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=\"76227\" 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=\"76227\">\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\">STORAGE + WAREHOUSES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/22\/qatars-gwc-subsidiary-flag-logistics-set-to-establish-oman-hub\/\">\r\n                            Qatar\u2019s GWC subsidiary Flag Logistics set to establish Oman hub                        <\/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\/22\/qatars-gwc-subsidiary-flag-logistics-set-to-establish-oman-hub\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n          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tag-storage-warehouses 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\/.f1589a94-b567-495a-a899-b4066278ea25.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Qatar-based <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.gwclogistics.com\/who-we-are\/\" style=\"\" rel=\"noopener\">GWC<\/a><\/strong><strong> subsidiary <\/strong><strong><a target=\"_blank\" href=\"https:\/\/flag-logistics.com\/\" style=\"\" rel=\"noopener\">Flag Logistics<\/a><\/strong><strong>is establishing a logistics hub \u2014 dubbed <\/strong><strong>Flag Oman \u2014 in <\/strong><strong><a target=\"_blank\" href=\"https:\/\/khazaen.om\/\" style=\"\" rel=\"noopener\">Khazaen Economic City<\/a><\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/flag-logistics-opens-state-of-the-art-logistics-hub-in-the-sultanate-of-oman-un91q1ap\" style=\"\" rel=\"noopener\">statement<\/a>. The company is set to become the first to move into Khazaen, which will give a boost to strategic links between Oman and the GCC. No details regarding the investment ticket or a timeline for launch were disclosed in the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More details:<\/strong> Flag Oman will establish and operate infrastructure covering a 50k square meter (sqm) site at Khazen, with specialized areas for various logistics services including dry, ambient, chilled and frozen warehousing, bulk storage, records management and marshaling areas. The hub\u2019s warehouse and distribution center will cover a 27.5k sqm area, the statement notes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Regional links: <\/strong>Flag Oman is poised to be a regional hub connecting Muscat, Doha, Bahrain, Jeddah, Riyadh, and Dubai. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman is doubling down on Khazaen: <\/strong>Oman\u2019s Transport Communications and Information Technology Ministry inked an agreement <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a08a2618-0995-4651-9ace-beba126e1f25\" style=\"\" rel=\"noopener\">late last year<\/a> establishing Khazaen Logistics Complex within Khazaen to clear transactions in a bid to facilitate procedures within the economic city. Khazaen Dry Port Company has also established a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a08a2618-0995-4651-9ace-beba126e1f25\" style=\"\" rel=\"noopener\">partnership<\/a> with French shipping giant <a target=\"_blank\" href=\"https:\/\/www.cma-cgm.com\/\" style=\"\" rel=\"noopener\">CMA CGM<\/a> to process containers via Khazaen\u2019s ports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Flag Logistics: <\/strong>The fully-owned GWC subsidiary operates in Qatar, KSA, UAE, Bahrain, and Oman, with a focus on comprehensive logistics solutions, including 3PL, transportation, customs clearance, and value-added services, the statement 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\/distribution-center\/\">distribution center<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/flag-logistics\/\">Flag Logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-handling\/\">LOGISTICS HANDLING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/storage-warehouses\/\">STORAGE + WAREHOUSES<\/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=\"76229\" 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=\"76229\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/22\/uae-and-wef-launches-global-tradetech-initiative-ksa-and-oman-look-to-boost-economic-and-trade-ties\/\">\r\n                            UAE and WEF launches Global TradeTech initiative + KSA and Oman look to boost economic and trade ties                        <\/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\/22\/uae-and-wef-launches-global-tradetech-initiative-ksa-and-oman-look-to-boost-economic-and-trade-ties\/\" target=\"_blank\">\n                    Open in new tab                    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href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/22\/uae-and-wef-launches-global-tradetech-initiative-ksa-and-oman-look-to-boost-economic-and-trade-ties\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1810.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76230\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/22\/uae-and-wef-launches-global-tradetech-initiative-ksa-and-oman-look-to-boost-economic-and-trade-ties\/1810-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1810.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1810.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1810.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1810.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76229\" class=\"content-area-description single-story post-76229 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-oman tag-saudi-arabia tag-trade tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.68cd1350-1183-48b3-bf55-d6942177e669.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>UAE kicks off trade platform at Davos:<\/strong> The UAE has inked an agreement with the World Economic Forum (WEF) to launch the Global TradeTech Sandbox \u2014 a component of the larger <a target=\"_blank\" href=\"https:\/\/www.tradetechglobal.org\/home\" style=\"\" rel=\"noopener\">Trade Tech<\/a> Initiative \u2014 in a bid to drive innovation in trade technology, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b18wfrc-uae-launches-global-tradetech-sandbox-during-world\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Saturday. The sandbox looks to drive innovation by implementing versatile regulations and establishing best practices while streamlining collaboration between exporters, logistics companies, ports, regulators, and customs officials to enable smoother trade, Wam notes. The agreement signed by the UAE and WEF launches the initial three-year phase of the TradeTech initiative.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Trade Tech:<\/strong> The partnership between the UAE and WEF looks to leverage digitalization and advanced technologies to facilitate trade in merchandise and services, according to the initiative\u2019s website. Trade Tech has four components: a forum for industry leaders to gather and share best practices, an annual research report, a regulatory sandbox for companies and startups to experiment with innovations, and an incubator for startups in the TradeTech space.<\/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>KSA + Oman eye stronger economic and trade ties: <\/strong>The Oman Chamber of Commerce and Industry hosted the Omani-Saudi Business Forum yesterday to boost trade ties and activate agreements and strategic partnerships between the two countries, <a target=\"_blank\" href=\"https:\/\/www.omannews.gov.om\/topics\/en\/80\/show\/115591\/ona\" style=\"\" rel=\"noopener\">Oman News Agency<\/a> reports. The forum also discussed potential investments in special economic and trade zones and hosted B2B meetings between businesses from the two countries to discuss trade and investment partnerships. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Qatar + Czech Republic talk enhancing trade: <\/strong>Qatar\u2019s Emir Tamim bin Hamad Al-Thani met with President of the Czech Republic Petr Pavel to discuss strengthening economic and trade ties between the two countries. (<a target=\"_blank\" href=\"https:\/\/www.qna.org.qa\/en\/News-Area\/News\/2024-01\/17\/0039-hh%C2%A0the-amir-says-talks-with-czech-president-focused-on-developing-bilateral-economic,-trade-cooperation\" 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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76231\" 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=\"76231\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/22\/bahri-charters-two-methanol-powered-vessels-egypts-tijarahub-launches-b2b-e-commerce-platform\/\">\r\n                            Bahri charters two methanol-powered vessels + Egypt\u2019s TijaraHub launches B2B e-commerce platform                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1711.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1711.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1711.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1711.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76231\" class=\"content-area-description single-story post-76231 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-bahri tag-e-commerce tag-egypt tag-jordan tag-rail tag-saudi-arabia tag-shipping-maritime wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.372a921a-1984-431b-b46a-484e077b7afa.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\">SHIPPING + MARITIME-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bahri to charter methanol-powered vessels from Proman:<\/strong>National Saudi shipping firm <a target=\"_blank\" href=\"https:\/\/www.bahri.sa\/\" style=\"\" rel=\"noopener\">Bahri<\/a> subsidiary <a target=\"_blank\" href=\"https:\/\/www.bahri.sa\/en\/bahri-units\/bahri-chemicals\/\" style=\"\" rel=\"noopener\">Bahri Chemicals<\/a> and methanol producer Proman have inked a five-year agreement to charter two methanol-powered vessels, according to a <a target=\"_blank\" href=\"https:\/\/www.bahri.sa\/en\/news-insights\/news-insight\/2024\/bahri-chemicals-to-time-charter-stena-provident-and-stena-progressive-in-a-5-year-agreement-with-proman\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The two ships \u2014 the Stena Provident and the Stena Progressive \u2014 will be used to transport a variety of products internationally. The IMOIIMeMAX ships are advanced dual-fuel tankers that are highly efficient for transporting cargo, the statement said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt has added a new dry bulk ship with a total tonnage of 82k to its commercial flee<\/strong><strong>t<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MinistryTransportation\/posts\/pfbid0ksZNdJmDYZxqkd3M7Rf9pAbyk2YXQs6YGwW37vhCBaPtNbfBBi1BUW1kZpYQQsCzl?locale=ar_AR\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The Wadi Al-Arish vessel is 299 m long, 32.2 m wide, with a draft of 14.5 m. It will be operated by Egypt\u2019s commercial fleet operator the <a target=\"_blank\" href=\"https:\/\/nnc.com.eg\/\" style=\"\" rel=\"noopener\">National Navigation Company<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.press\/stories\/2023\/02\/21\/avanz-capital-eyes-sme-space-national-navigation-mulls-a-return-to-the-egx-97500\/#:~:text=Shareholder%20structure%3A%20The%20company%20is,owned%20banks%20and%20financial%20institutions.\" style=\"\" rel=\"noopener\">partially owned<\/a> by the Holding Company for Maritime and Land Transport and the Suez Canal Authority\u2019s Canal Shipping Agencies. The move comes just seven months after Egypt added the Wadi Al-Malouk cargo vessel to its fleet. Egypt\u2019s recent fleet expansion is part of its efforts to position itself as a logistics and trade hub. The country\u2019s national commercial fleet is now composed of 14 vessels, according to a <a target=\"_blank\" href=\"https:\/\/www.presidency.eg\/en\/%D8%A7%D9%84%D9%85%D8%B4%D8%A7%D8%B1%D9%8A%D8%B9-%D8%A7%D9%84%D9%82%D9%88%D9%85%D9%8A%D8%A9\/projects-1312024\/\" style=\"\" rel=\"noopener\">statement<\/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\">E-COMMERCE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Egyptian wholesale e-commerce service <\/strong><strong><a target=\"_blank\" href=\"https:\/\/tijarahub.com\/\" style=\"\" rel=\"noopener\">TijaraHub<\/a><\/strong><strong> launched a B2B e-commerce platform<\/strong><strong>to help SMEs in Egypt and <\/strong><strong>Turkey reach global markets<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/tijarahub-launches-cutting-edge-b2b-e-commerce-platform-v0javai7\" style=\"\" rel=\"noopener\">statement<\/a> from last week. The platform currently displays products from over 300 Egyptian factories and aims to reach 1k factories by the end of 2024. The company plans to release a mobile application by March 2024. The launch of the platform comes on the back of \u201cthe revival of relations between Egypt and Turkey on both political and economic levels and the increase in the volume of trade exchange between the two countries,\u201d TijaraHub\u2019s CEO and co-founder Mohamed Sharif said in the statement.<\/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\">RAIL-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jordan is exploring the construction of a new train <\/strong><strong>line linking Amman and <\/strong><strong>Zaqra and reaching Queen Alia International Airport<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.jordannews.jo\/Section-109\/News\/Hejaz-railway-plans-65km-Amman-Zarqa-line-extending-to-QAIA-33700\" style=\"\" rel=\"noopener\">Jordan News<\/a> reported last week, citing Director-General of the Jordan Hejaz Railway Corporation Zahi Khalil. The train line would cover a distance of 65 km and handle 40k - 50k passengers a day.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Bahrain\u2019s <\/strong><strong>Tamkeen supports <\/strong><strong>MAE Aircraft Management Company:<\/strong> Bahrain\u2019s state-owned fund <a target=\"_blank\" href=\"https:\/\/www.tamkeen.bh\/en\/\" style=\"\" rel=\"noopener\">Tamkeen<\/a> is supporting MAE Aircraft Management Company \u2014 a JV between regional Air Cargo groups MENA Aerospaceand <a target=\"_blank\" href=\"https:\/\/www.asiacargonetworkgroup.com\/\" style=\"\" rel=\"noopener\">Asia Cargo Network<\/a> \u2014 with a training program for Bahraini aviation graduates planning to work in the local air freight industry. (<a target=\"_blank\" href=\"https:\/\/www.tamkeen.bh\/mae-aircraft\/\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Flydubai heads to Kenya<\/strong><strong>:<\/strong> UAE airline Flydubai launched four weekly flights from Dubai International Airport to Moi International Airport, Mombasa. (<a target=\"_blank\" href=\"https:\/\/news.flydubai.com\/flydubai-launches-flights-to-mombasa-in-kenya\" style=\"\" rel=\"noopener\">Press release<\/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\/bahri\/\">Bahri<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/e-commerce\/\">e-commerce<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/jordan\/\">Jordan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/rail\/\">RAIL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76233\" 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=\"76233\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/22\/fire-erupts-at-russian-lng-terminal-perus-chinese-owned-mega-port-starts-operations-later-this-year\/\">\r\n                            Fire erupts at Russian LNG terminal + Peru\u2019s Chinese-owned mega port starts operations later this year                        <\/a>\r\n                    <\/h3>\r\n\r\n              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class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Fire+erupts+at+Russian+LNG+terminal+%2B+Peru%E2%80%99s+Chinese-owned+mega+port+starts+operations+later+this+year+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F01%2F22%2Ffire-erupts-at-russian-lng-terminal-perus-chinese-owned-mega-port-starts-operations-later-this-year%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/22\/fire-erupts-at-russian-lng-terminal-perus-chinese-owned-mega-port-starts-operations-later-this-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1728.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76234\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/22\/fire-erupts-at-russian-lng-terminal-perus-chinese-owned-mega-port-starts-operations-later-this-year\/1728-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1728.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1728.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1728.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1728.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76233\" class=\"content-area-description single-story post-76233 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-ports tag-shipping-maritime wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.c0e1d601-3bcc-4de8-90ec-c975e8ffdc03.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A fire erupted at <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.novatek.ru\/en\/\" style=\"\" rel=\"noopener\">Novatek<\/a><\/strong><strong>\u2019s LNG processing Ust-Luga complex near St. Petersburg following a suspected Ukrainian drone attack yesterday<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/fire-erupts-russias-novatek-baltic-sea-terminal-after-explosions-heard-2024-01-21\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing <a target=\"_blank\" href=\"https:\/\/en.interfax.com.ua\/\" style=\"\" rel=\"noopener\">Interfax-Ukraine<\/a> news agency. Novatek has said the incident, which resulted in a partialsuspension of operations at the terminal, was the result of \u201cexternal influence,\u201d without elaborating further, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-21\/novatek-s-ust-luga-terminal-is-on-fire-leningrad-governor-says\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing a company statement. The terminal, located in the Gulf of Finland, is one of Russia\u2019s two main energy-export facilities and a key Baltic Sea access point to global markets.<\/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><\/strong><strong>Peru\u2019s USD 3.5 bn Chancay port project will come online later this year<\/strong><strong>, <\/strong>connecting China with South American markets, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/china\/china-widens-south-america-trade-highway-with-silk-road-mega-port-2024-01-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last Thursday. The first phase of construction is slated for completion in November. China\u2019s state-owned shipping company <a target=\"_blank\" href=\"https:\/\/lines.coscoshipping.com\/\" style=\"\" rel=\"noopener\">Cosco<\/a> holds a 60% stake in the port and Peruvian mining company <a target=\"_blank\" href=\"https:\/\/www.volcan.com\/legal-age\" style=\"\" rel=\"noopener\">Volcan<\/a> \u2014 part owned by Swiss commodity and mining company <a target=\"_blank\" href=\"https:\/\/www.glencore.com\/\" style=\"\" rel=\"noopener\">Glencore<\/a> \u2014 holds the remaining 40% stake.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Details:<\/strong> Construction on the port project \u2014 part of China\u2019s Silk Road initiative \u2014 started in 2018. The port can accommodate large cargo ships and cut the journey time for some exporters by two weeks, allowing some shippers to bypass the Panama Canal by providing direct access to the Pacific. Peru plans to establish an economic zone near the port and Cosco will build an industrial hub nearby to process raw materials, Brazil\u2019s Ambassador to Peru Clemente Baena Soares told Reuters.<\/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>Japanese carrier <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.one-line.com\/en\" style=\"\" rel=\"noopener\">Ocean Network Express<\/a><\/strong><strong> (ONE) has inked contracts for twelve 13k TEU <\/strong><strong>methanol dual-fuel container <\/strong><strong>newbuilds<\/strong> set to begin deliveries in 2027, according to a <a target=\"_blank\" href=\"https:\/\/www.one-line-services.com.cn\/en\/news\/316\/2024\/01\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The order is divided equally between China\u2019s Jiangnan Shipyard, and <a target=\"_blank\" href=\"https:\/\/www.yzjship.com\/en\/\" style=\"\" rel=\"noopener\">Yangzijiang Shipbuilding<\/a>. The new vessels represent ONE\u2019s inaugural methanol-duel powered fleet as the carrier looks to curb emissions as part of its sustainability strategy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Panama Canal\u2019s revenues have dropped <\/strong><strong>by USD 100 mn <\/strong><strong>per month since last <\/strong><strong>October<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/americas\/panama-canal-toll-revenue-shrinking-this-fiscal-year-due-drought-2024-01-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week, citing comments made by the canal's administrator Ricaurte Vasquez. The drop in revenues is the result of shipping restrictions enforced due to the severe drought that has limited the canal\u2019s ability to accommodate vessels. If current conditions continue, a cumulative loss of almost USD 700 mn could be seen by April, Vasquez added. However, the waterway is still set to meet fiscal year income targets due to a recent toll increase.<\/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\/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\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76235\" 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\/22\/76235\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76235\" class=\"content-area-description single-story post-76235 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=\"\">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<\/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\">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<\/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>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;\">, 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, 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;\">, 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:\/\/10times.com\/e1x3-42g7-krkg\" style=\"\">Future Warehouse & Logistics<\/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;\">, 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-size:11.5pt\">26-29 February (Monday-Thursday): <\/span><span style=\"-webkit-text-decoration-skip:none;text-decoration-skip-ink:none;font-size:11.5pt\"><a href=\"https:\/\/www.wto.org\/english\/thewto_e\/minist_e\/mc13_e\/mc13_e.htm\" style=\"\">World Trade Organization's 13th Ministerial Conference<\/a><\/span><span style=\"font-weight:400;font-size:11.5pt;\">, 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-size:11.5pt\">27 February (Tuesday) : <\/span><span style=\"-webkit-text-decoration-skip:none;text-decoration-skip-ink:none;font-size:11.5pt\"><a href=\"https:\/\/www.tradetechglobal.org\/tradetechforum24\" style=\"\">TradeTech Forum<\/a><\/span><span style=\"font-size:11.5pt\">, 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-size:11.5pt\">28 February (Wednesday): <\/span><span style=\"-webkit-text-decoration-skip:none;text-decoration-skip-ink:none;font-size:11.5pt\"><a href=\"https:\/\/www.zawya.com\/en\/press-release\/events-and-conferences\/hms-industrial-and-building-technology-event-to-bring-together-industry-leaders-in-dubai-ojtjtfyz\" style=\"\">Industrial and Building Technology event<\/a><\/span><span>, Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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<\/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>6 March (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.itp.events\/LogisticsMiddleEastAwards\" style=\"\">The Logistics Middle East Awards<\/a><\/span><span>, Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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>20-22 May (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.evinnovationsummit.com\/\" style=\"\">The Electric Vehicle Innovation Summit<\/a><\/span><span style=\"font-weight:400;\"> (EVIS), 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>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>7-9 October (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.afsic.net\/delegate-registration\/\" style=\"\">AFSIC \u2013 Investing in Africa,<\/a><\/span><span style=\"font-weight:400;\"> London. <\/span><\/p>\n<p style=\"padding:0;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>Air freight demand is on the rise due to Red Sea disruption | Qatar\u2019s Flag Logistics heads to Oman | UAE + WEF launch Global TradeTech initiative<\/p>\n","protected":false},"featured_media":76220,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-76219","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"6ae30641-37ec-49d5-adb6-b1ad5f85bb0e","teaser":"Air freight demand is on the rise due to Red Sea disruption | Qatar\u2019s Flag Logistics heads to Oman | UAE + WEF launch Global TradeTech initiative","photo_url":"https:\/\/ent.news\/2024\/1\/1236.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>Reroutes continue and air freight 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