{"id":76363,"date":"2024-01-29T00:00:00","date_gmt":"2024-01-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=76363"},"modified":"2025-12-15T14:04:27","modified_gmt":"2025-12-15T14:04:27","slug":"red-sea-tensions-continue-amid-squabbles-between-china-and-israel","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/red-sea-tensions-continue-amid-squabbles-between-china-and-israel\/","title":{"rendered":"Red Sea tensions continue amid squabbles between China and Israel"},"content":{"rendered":"<section id=\"76365\" 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=\"76365\">\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\/29\/today-china-and-israel-squabble-over-ports-gulfnav-inks-drone-agreement-for-logistics-handling\/\">\r\n                            TODAY: China and Israel squabble over ports + Gulfnav inks drone agreement for logistics handling                        <\/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\/29\/today-china-and-israel-squabble-over-ports-gulfnav-inks-drone-agreement-for-logistics-handling\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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We have all the latest on Red Sea tensions and a few notable investment and M&A updates. Let\u2019s dive right in.<\/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 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>Al Shiwayb Road in Al Ain <\/strong><strong>is closed until<\/strong><strong> Thursday 28 March,<\/strong> Abu Dhabi\u2019s Integrated Transport Center <a target=\"_blank\" href=\"https:\/\/twitter.com\/ITCAbuDhabi\/status\/1750895231199846703\" style=\"\" rel=\"noopener\">said<\/a> on X.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Qatar-based maritime and logistics company <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.milaha.com\/\" style=\"\" rel=\"noopener\">Milaha<\/a><\/strong><strong> has opened appli<\/strong><strong>cations for their <\/strong><strong>2024 to 2026 board of directors<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.milaha.com\/en\/news-and-media\/opening-nominees-board-memberships-years-2024-2026\" style=\"\" rel=\"noopener\">statement<\/a>. Applications will be accepted until 3pm on Thursday, 1 February.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>#1- <\/strong><strong>Call for Aqaba Container Terminal to incentivize marine routes: <\/strong>A special group tasked with following up on the Red Sea crisis\u2019 impact on Jordanian trade \u2014 which includes the Jordan and Amman Chambers of Commerce, the Jordanian Navigation Syndicate, and the Jordanian Logistics Association \u2014 has urged Aqaba Container Terminal to provide incentives for marine routes that continue to serve Aqaba Port despite ongoing tensions in the Red Sea, <a target=\"_blank\" href=\"https:\/\/petra.gov.jo\/Include\/InnerPage.jsp?ID=56563&lang=en&name=en_news\" style=\"\" rel=\"noopener\">Petra<\/a> reports. The group also proposed waiving storage fees for shipping providers and owners of empty containers prepared for export. It also sent letters to shipping firms recommending the prioritization of loadings for \u201ckey and vital\u201d sectors, including foodstuffs and drugs. Statistics showed that some 19.5 k containers arrived in Aqaba from the beginning of the month until last Thursday, with the total forecasted to reach 22.5 k by the end of the month. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI\u2014<\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/14b6c66f-b6a0-47e6-836c-6c8db6b87e06\" style=\"\" rel=\"noopener\">Last week<\/a> saw the group reveal that container numbers at Aqaba were undergoing recovery, without disclosing figures. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong><a id=\"wwtt2\"><\/a>#2- A direct shipping line between the KSA and Iran could be happening:<\/strong>Iran and KSA plan to establish a direct shipping line connecting Dammam with Kangan under efforts to boost bilateral trade ties, Iran\u2019s <a target=\"_blank\" href=\"https:\/\/en.mehrnews.com\/news\/211391\/Iran-Saudi-Arabia-to-launch-direct-shipping-line\" style=\"\" rel=\"noopener\">Mehr news agency<\/a> reports, citing statements made by local governor Ahmad Mohammadizadeh. Mohammadizadeh said that the shipping line was decided during a recent visit by Iran\u2019s Deputy Foreign Minister for Economic Diplomacy Mehdi Safari to the province as Tehran looks to boost trade volume with its GCC counterparts. No further details were provided on the planned shipping line. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The two countries have been working to advance ties in the past months since their restoring relations last year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#3- <\/strong><strong>Iraqi airline <\/strong><strong>Fly Baghdad<\/strong><strong>is suspending all flights from B<\/strong><strong>aghdad International <\/strong><strong>Airport<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/FlyBaghdadAirlines\/posts\/pfbid0VhfA2UBMak2xpNUyfG7Zw1GdLYDkT6fK1m2g6gY3R6zUa16bKVjDB143wZtybxGCl\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The suspension is pending investigations regarding <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/de119d30-c5ed-4832-8dff-744e6ce67832\" style=\"\" rel=\"noopener\">accusations<\/a> leveled against the airline by the US Treasury Department. The company will not be able to refund bookings or book alternative flights due to its inability to access funds in its bank accounts and has called on Iraq\u2019s governments to help travelers booked with the airline find alternative arrangements, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong><strong>Iraq has tasked US-based management consulting firm<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.oliverwyman.com\/index.html\" style=\"\" rel=\"noopener\">Oliver Wyman<\/a><\/strong><strong> with the financial and economic analysis of its USD 17 Development Road project,<\/strong><a target=\"_blank\" href=\"https:\/\/www.iraqinews.com\/iraq\/us-firm-oliver-wyman-to-prep-economic-study-for-iraqs-17bn-railway-project\/\" style=\"\" rel=\"noopener\">Iraqi News<\/a> reported last week. <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6fa8e475-6a16-4d37-a8f1-37decc29870f\" style=\"\" rel=\"noopener\">The project<\/a> \u2014 which spans 1.2 km \u2014 is set to link Grand Faw Port in Iraq\u2019s southern Basra province to Turkey in the north through rail and road infrastructure. The initiative will be split into two phases, with the Iraqi Transport Ministry set to invite bids for an expert consultant to oversee designs. Olivery Wyman has been hired to oversee the project\u2019s economic aspects as engineering works continue, the report said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>UAE-based energy giant <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.adnoc.ae\/\" style=\"\" rel=\"noopener\">Adnoc<\/a><\/strong><strong>is set to order LNG carrier newbuilds f<\/strong><strong>or its upcoming Ruwais terminal, <\/strong><a target=\"_blank\" href=\"https:\/\/lngprime.com\/asia\/adnoc-eyes-lng-carrier-orders\/103036\/\" style=\"\" rel=\"noopener\">LNG Prime<\/a> reported on Thursday, citing people it says have knowledge of the matter. The company has reportedly invited bids from Chinese and South Korean shipyards for six firm and four optional standard-sized LNG carriers. The vessels \u2014 equipped with advanced technologies \u2014 are expected to operate at the company\u2019s second LNG terminal in Al Ruwais.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong>Government mandates on SAF is \u201cnot the way to do it<\/strong><strong>,\u201d<\/strong>Emirates\u2019 President Tim Clark told Sky News Australia in an interview yesterday (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=gaj5Hb8Q9BY\" style=\"\" rel=\"noopener\">watch: runtime: 4:11<\/a>). Governments have \u201cgone too far\u201d to push airlines to use sustainable aviation fuels (SAF) by mandating requirements and fines which can backfire by pushing up costs, Clark stressed. An airline\u2019s ability to use SAF is capped by limited production capacity due to a lack of investments, Clark added. Progress on SAF production is dependent on \u201cscience, the scalability and the investment\u201d from governments and the private sector, he added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong>The UAE cabinet approved the national SAF production guidelines targeting the production of 700 mn liters annually by 2030 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e5215a3f-80ad-436c-bb05-6ba332c05010\" style=\"\" rel=\"noopener\">last month<\/a>. The country plans to domestically produce 1% of UAE airlines\u2019 SAF needs at Emirati airports by 2031.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- <\/strong><strong>A.P.<\/strong><strong> Moller Maersk (Maersk) has christened the first of <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/828a17e0-1bb7-4ab7-9160-629005ab47da\/Maersk%20is%20launching%20its%20first%20methanol-enabled%20vessel%20in%20early%202024%20%2B%20China,%20US%20clash%20over%20trade%20regulations,%20again\" style=\"\" rel=\"noopener\">18 large methanol-enabled<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/828a17e0-1bb7-4ab7-9160-629005ab47da\/Maersk%20is%20launching%20its%20first%20methanol-enabled%20vessel%20in%20early%202024%20%2B%20China,%20US%20clash%20over%20trade%20regulations,%20again\" style=\"\" rel=\"noopener\">vessels<\/a><\/strong><strong>, <\/strong><strong>dubbed Ane Maersk,<\/strong> at a ceremony at Hyundai Heavy Industries shipyard in Korea, according to a <a target=\"_blank\" href=\"https:\/\/www.maersk.com\/news\/articles\/2024\/01\/26\/maersk-names-first-vessel-of-its-large-methanol-enabled-fleet-ane-maersk\" style=\"\" rel=\"noopener\">press release<\/a> released on Friday. Ane Maersk is set to enter service at the beginning of February and will be powered by green1 methanol. The vessel will operate the AE7 string connecting Asia and Europe, according to the statement. The remaining vessels are set to be delivered between 2024 and 2025, each with some <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/828a17e0-1bb7-4ab7-9160-629005ab47da\/Maersk%20is%20launching%20its%20first%20methanol-enabled%20vessel%20in%20early%202024%20%2B%20China,%20US%20clash%20over%20trade%20regulations,%20again\" style=\"\" rel=\"noopener\">16k TEU capacity<\/a>. The vessels are fitted with dual-fuel engines that can be powered by methanol, biodiesel, and conventional bunker fuel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a>#7- Dutch government p<\/strong><strong>lans to cap the number of flights at Ams<\/strong><strong>terdam Schiphol airport are unlikely to happen in 2024<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/planned-capacity-cut-amsterdam-airport-unlikely-this-year-government-says-2024-01-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday, citing a statement by Dutch infrastructure minister Mark Harbers. The delay is chalked up to the European Commission needing more time to review the policy, and comes on the heels of the Dutch government canceling plans in November that would have seen flights at the key European air transport hub capped at 425k, or 10% lower than pre-pandemic levels, the newswire said. The EU Commission has to weigh the requests of the Dutch government \u2014 which wants fewer flights to curb environmental and noise pollution and due to staffing concerns at Schipol \u2014 with obligations including the <a target=\"_blank\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/es\/MEMO_08_185\" style=\"\" rel=\"noopener\">EU-US Open Skies<\/a> agreement. A solution with a \u201cbalanced approach\u201d is not likely by 1 November, Harbers said in statements cited by the newswire.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>French shipping giant CMA CGM and French-Dutch carrier Air France-KLM said they will terminate their air freight alliance effective 31 March <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e243ff0d-ec36-4edc-9911-56862dced86b\" style=\"\" rel=\"noopener\">last week<\/a>, citing regulatory hang ups following a dispute over flight slots at Amsterdam\u2019s Schiphol airport.<\/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>Russia is willing to continue supplying gas to Europe through \u201cvarious routes\u201d beyond <\/strong><strong>2024,<\/strong> when a gas transit contract through Ukraine is set to expire, Russian News Agency <a target=\"_blank\" href=\"https:\/\/tass.com\/economy\/1738153\" style=\"\" rel=\"noopener\">TASS<\/a> reported on Saturday, citing Deputy Prime Minister Alexander Novak. There has been no interest from European countries to discuss the matter, Novak said. Russia\u2019s <a target=\"_blank\" href=\"https:\/\/www.gazprom.com\/\" style=\"\" rel=\"noopener\">Gazprom<\/a> and Ukraine\u2019s <a target=\"_blank\" href=\"https:\/\/www.naftogaz.com\/en\" style=\"\" rel=\"noopener\">Naftogaz<\/a> extended a contract for the transit of Russian gas via Ukraine to 2024 back in December 2019. Kiev has stated that it does not intend to renew the framework when it expires at the end of this year, TASS said.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p style=\"padding:0;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>Holland will host the<\/strong><strong><a target=\"_blank\" href=\"https:\/\/cargofactsevents.com\/emea\/\" style=\"\" rel=\"noopener\">Cargo Facts EMEA<\/a><\/strong><strong> from Monday, 5 February through to Wednesday, <\/strong><strong>7 February <\/strong>in Amsterdam. The event will bring together air freight industry leaders from Europe, the Middle East, and Africa to discuss the latest trends, forecasts, and technological innovations.<\/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 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> in Dubai. 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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA will host a special <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.weforum.org\/events\/world-economic-forum-annual-meeting-2024\/\" style=\"\" rel=\"noopener\">World Economic Forum<\/a><\/strong><strong> event fr<\/strong><strong>om Sunday, 28 April through to Monday, 29 April in Riyadh<\/strong>. The event will focus on global collaboration and energy.<\/p>\n<p style=\"padding: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\/aviation\/\">AVIATION<\/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                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<\/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\/29\/red-sea-tensions-continue-amid-squabbles-between-china-and-israel\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2331.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76369\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/red-sea-tensions-continue-amid-squabbles-between-china-and-israel\/2331-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2331.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2331.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2331.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2331.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76368\" class=\"content-area-description single-story post-76368 post type-post status-publish format-standard has-post-thumbnail hentry category-disruption-watch tag-ap-moller tag-aramex tag-disruption-watch 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\/.5347ecaa-f1e3-445c-8fc9-f2650a827b13.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>More attacks in the Red Sea:<\/strong> British warship HMS Diamond downed a Houthi drone targeting the vessel on Saturday, a day after a Houthi-launched missile <a target=\"_blank\" href=\"https:\/\/www.trafigura.com\/news-and-insights\/responses\/statement-re-marlin-luanda\/\" style=\"\" rel=\"noopener\">hit<\/a><a target=\"_blank\" href=\"https:\/\/www.trafigura.com\/news-and-insights\/responses\/statement-re-marlin-luanda\/\" style=\"\" rel=\"noopener\">Marshall-flagged Marlin Luanda<\/a> in the Gulf of Aden while transiting the Red Sea, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/uk-says-warship-repelled-houthi-drone-attack-red-sea-2024-01-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing British officials. The warship destroyed the drone, with no injuries to crew or damage to the vessel, the newswire cited the UK\u2019s Minister of Defence as saying yesterday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong>Marlin Luanda<\/strong><strong> attack set fire to one of the vessel\u2019s cargo tanks with no harm caused <\/strong><strong>to crew<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.trafigura.com\/news-and-insights\/responses\/statement-re-marlin-luanda\/\" style=\"\" rel=\"noopener\">statement<\/a> by the vessel\u2019s operator, multinational commodities trader Trafigura. Trafigura has said that it will assess the risks involved in future Red Sea transits following the incident, adding that it has no vessels currently operating in the region, according to an update to the company\u2019s statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>US strikes back: <\/strong>Hours after the attack on the fuel tanker, the US Navy launched a strike against a Houthi anti-ship missile being prepped for launch in the Red Sea area, US Centcom <a target=\"_blank\" href=\"https:\/\/twitter.com\/CENTCOM\/status\/1751071115147985236\" style=\"\" rel=\"noopener\">said<\/a> on X. The US Navy assessed that the missile presented an \u201cimminent threat\u201d to merchant shipping and US naval vessels in the region and destroyed the missile site in \u201cself-defense,\u201d Centcom said. The US and UK also launched an additional two airstrikes on Yemen\u2019s main oil export terminal \u2014 Ras Issa Port, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/houthis-tv-says-us-british-airstrikes-target-yemen-port-2024-01-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Saturday, citing Houthi Al-Masira television as saying.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Chinese firms have been betting on Houthi promises:<\/strong> A number of smaller Chinese shipping lines have been flocking to fill the vacuum of ships navigating the Red Sea route under their \u201cperceived immunity\u201d from Houthi missiles, <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/41b3491c-d6b3-4da0-a272-239e51cfd7c6\" style=\"\" rel=\"noopener\">The Financial Times<\/a> reported on Thursday. One of the opportunistic shipping companies emphasizes on its website that its ships prominently display the Chinese flag and sail though the Red Sea with Chinese navy escorts, the salmon-colored paper adds. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Chinese investments in Israel\u2019s ports represent a \u201cstrategic risk\u201d:<\/strong> Bayport terminal at Israel\u2019s Haifa port, run by China\u2019s <a target=\"_blank\" href=\"https:\/\/www.sipgbayport.com\/\" style=\"\" rel=\"noopener\">Shanghai International Port Group<\/a> (SIPG), represents a \u201cstrategic risk\u201d to Israel, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/israels-ashdod-port-sees-strategic-risk-china-during-gaza-war-2024-01-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday, citing a 17 January letter written by Ashdod port chairman Shaul Schneider it has seen. Israel\u2019s state-owned Ashdod Port will stop information sharing with SIPG Bayport terminal and will no longer coordinate on security threats, Schneider is cited as stating. Israel\u2019s shipping and ports authority chief rebuffed the letter, stating that its claims were \u201cinaccurate to the point of being wrong,\u201d and warned of their implications for the country\u2019s political and trade relations, the newswire said. SIPG countered that their activities were in accordance with Israeli law. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The conflict between the two ports has been aggravated by a shi<\/strong><strong>ft in market share since the outbreak of the Israel-Hamas conflict<\/strong>, with cargoes diverted northward away from Ashdod \u2014 Israel\u2019s last state-owned port \u2014 and SIPG\u2019s Haifa terminal seeing a boost in volumes, the newswire writes. Chinese carriers OOCL and COSCO also stopped their operations in Israel citing Houthi-led attacks, further inflaming tensions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt is still facing trouble: <\/strong>Suez Canal Authority (SCA) revenues will be \u201cseverely affected\u201dthis year if commercial vessels continue to divert their routes from the waterway, SCA boss Osama Rabie told <a target=\"_blank\" href=\"https:\/\/bit.ly\/3SzeJTZ\" style=\"\" rel=\"noopener\">Asharq Business<\/a> on Thursday. The Houthi attacks have increased costs and risks for maritime lines and pushed many companies to reroute around the Cape of Good Hope or even <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2a84ea54-215b-4a3e-8010-534d1559908c\" style=\"\" rel=\"noopener\">look to air freight<\/a> and overland routes as alternatives. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the numbers:<\/strong> Suez Canal receipts have fallen 44% y-o-y to USD 802 mn in January 2024, Rabie told the news outlet. Egypt has lost about USD 150 mn in Suez Canal revenues due to ongoing Red Sea disruptions, according to estimates shared by Bloomberg\u2019s chief emerging markets economist Ziad Daoud <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/87769ba7-3953-43ee-8af4-32276afe3647\" style=\"\" rel=\"noopener\">earlier in the month<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A warning from Deutsche Bank: <\/strong>Egypt could lose around USD 2 bn in revenues over a three-month period if disruption in the Red Sea leads to ins. premiums rising to \u201cunsustainable levels\u201d that it effectively stops Suez Canal traffic, the multinational lender warned in a research note seen by Enterprise. However, Deutsche Bank put the risk of a full closure of the channel as \u201cunlikely\u201d and instead predicted that \u201cEgypt is likely to witness a partial \u2014 but not complete \u2014 loss in its revenue stream from the Suez Canal.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And d<\/strong><strong>isruptions continue to delay LNG supplies from Qatar:<\/strong> Italian energy firm <a target=\"_blank\" href=\"https:\/\/www.edison.it\/en\" style=\"\" rel=\"noopener\">Edison<\/a> is witnessing delays to liquified natural gas (LNG) supplies from Qatar, on the back of Red Sea disruptions, the firm's CEO is cited by <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/edison-seeing-delays-qatar-lng-delivery-due-red-sea-tensions-ceo-2024-01-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> as saying on Thursday. A shipment scheduled to arrive in Italy in early February will arrive some two weeks late, he explained. \u201cFor now this has happened to one cargo,\u201d Monti said, adding that his firm is closely following developments in the Red Sea.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Aramex is seeking alternative routes:<\/strong><a target=\"_blank\" href=\"https:\/\/www.aramex.com\/us\/en\/services-solutions\/freight-logistics\" style=\"\" rel=\"noopener\">Aramex Freight Services<\/a> will be loading shipments from Asia onto its fleet of trucks in Dubai and Dammam in KSA, while doing the same for shipments from Europe at Port Said in Egypt, in a bid to accommodate reshuffles to sea freight routes due to disruptions in the Red Sea, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/aramex_aramex-freight-services-is-actively-monitoring-activity-7156634772289552385-o3Ul?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a> released on Saturday. Aramex is \u201cactively monitoring\u201d the crisis, which has prompted carriers to navigate around the Cape of Good Hope, adding some 7 to 14 days to transit times and boosting carbon emissions, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER DISRUPTION NEWS WORTH NOTING-<\/strong><\/p>\n<ul>\n<li><strong>Grain ships continue to divert away from the Suez Canal:<\/strong> An additional 16 vessels diverted from the Suez Canal so far this week, bringing total diverted grain cargoes to 3.9 mn tons, up from 3 mn tons last week, Kpler lead agricultural commodities analyst said. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/more-grain-ships-divert-red-sea-this-week-after-attacks-2024-01-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<li><strong>More diversions:<\/strong> Australian mining firm <a target=\"_blank\" href=\"https:\/\/www.bhp.com\/\" style=\"\" rel=\"noopener\">BHP Group<\/a> is diverting \u201calmost all its shipments,\u201d from Asia to Europe to reroute around the Cape of Good Hope, away from the Red Sea. The diversion will cost shipments some 9 days in delays, the report said citing industry sources. (<a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/red-sea-attacks-push-bhp-to-divert-shipping-18b6483f\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a>)<\/li>\n<li><strong>El Al suspends its flights to South Africa:<\/strong>Israeli carrier El Al will halt its weekly flights to Johannesburg at the end of March, citing a sharp fall in bookings following South Africa\u2019s claims against Israel at the World Court. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/israels-el-al-says-suspending-south-africa-route-over-world-court-case-2024-01-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<li><strong>US + UK sanction Houthi officials:<\/strong> The US and the UK have jointly imposed sanctions on four Houthi military officials including Defence Minister Mohamed Nasser al-Atifi, Naval Forces commander Muhammad Fadl Abd Al-Nabi, coastal defense forces chief Muhammad Ali al-Qadiri, and director of procurement Muhammed Ahmad al-Talibi. (<a target=\"_blank\" href=\"https:\/\/www.state.gov\/the-u-s-and-uk-sanction-houthi-military-officials\/\" style=\"\" rel=\"noopener\">Statement<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/uk-us-sanction-senior-houthis-over-red-sea-shipping-attacks-2024-01-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<li><strong>CMA CGM reshuffles Algerian routes:<\/strong> CMA CGM cargoes bound for Algeria will now transit via Algeciras or Valencia in Spain rather than Tanger, Morocco. The move comes after Algeria <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4a5ac266-3801-4e61-99e3-913513dbfaaa\" style=\"\" rel=\"noopener\">banned transit and transhipment operations<\/a> through Moroccan ports. (<a target=\"_blank\" href=\"https:\/\/www.cma-cgm.com\/news\/4589\/cma-cgm-to-reshuffle-its-services-calling-in-algeria\" 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\/ap-moller\/\">AP Moller<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aramex\/\">Aramex<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/disruption-watch\/\">DISRUPTION WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/yemen\/\">Yemen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76370\" 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=\"76370\">\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\">Trucking<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/masdar-and-daimler-truck-will-explore-the-feasibility-of-shipping-liquid-green-hydrogen-to-europe\/\">\r\n                            Masdar and Daimler Truck will explore the feasibility of shipping liquid green hydrogen to Europe                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/masdar-and-daimler-truck-will-explore-the-feasibility-of-shipping-liquid-green-hydrogen-to-europe\/\" target=\"_blank\">\n    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Daimler Truck will explore the feasibility of shipping liquid green hydrogen to Europe\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Masdar+and+Daimler+Truck+will+explore+the+feasibility+of+shipping+liquid+green+hydrogen+to+Europe+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F01%2F29%2Fmasdar-and-daimler-truck-will-explore-the-feasibility-of-shipping-liquid-green-hydrogen-to-europe%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/masdar-and-daimler-truck-will-explore-the-feasibility-of-shipping-liquid-green-hydrogen-to-europe\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2329.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76371\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/masdar-and-daimler-truck-will-explore-the-feasibility-of-shipping-liquid-green-hydrogen-to-europe\/2329-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2329.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2329.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2329.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2329.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76370\" class=\"content-area-description single-story post-76370 post type-post status-publish format-standard has-post-thumbnail hentry category-trucking tag-green-hydrogen tag-trucking 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\/.a9c0b436-4f8d-4bc9-89a7-4056af008bb9.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Masdar will explore supplying green hydrogen to European trucks: <\/strong>UAE renewables giant Masdar inked an agreement with the world\u2019s largest commercial vehicle manufacturer <a target=\"_blank\" href=\"https:\/\/www.daimlertruck.com\/en\/\" style=\"\" rel=\"noopener\">Daimler Truck<\/a> to explore supplying liquid green hydrogen to power fuel cell rig trucks in Europe by 2030, according to a <a target=\"_blank\" href=\"https:\/\/masdar.ae\/en\/news\/newsroom\/daimler-truck-and-masdar-explore-liquid-green-hydrogen-supply-options\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The targeted timeline for completion of the feasibility study was not disclosed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>The agreement could potentially \u201cenable a significant reduction of CO2-emissions in road freight transport in Europe,\u201d while supporting \u201cthe UAE\u2019s ambition to become a leader in the low-carbon hydrogen market by 2031,\u201d Masdar CEO Mohamed Jameel Al Ramahi said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Daimler\u2019s decarbonization ambitions: <\/strong>The company would leverage green fuel imports from the UAE to help realize its commitment to fully decarbonize its fleet in the EU, US, and Japanese markets by 2039, the statement notes. The automaker has set a 2050 netzero target, and is <a target=\"_blank\" href=\"https:\/\/www.paccar.com\/news\/current-news\/2023\/accelera-by-cummins-daimler-truck-and-paccar-form-a-joint-venture-to-advance-battery-cell-production-in-the-united-states\/\" style=\"\" rel=\"noopener\">teaming up<\/a> with Cummins and Paccar on a USD 2-3 bn battery plant as part of its ambition to become a zero-emissions automaker. Daimler <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/973fb9e8-83ce-4263-a138-e893db5528a8\" style=\"\" rel=\"noopener\">recently completed<\/a> an over 1k trip on a single liquid hydrogen tank for its Mercedes-Benz GenH2 truck \u2014 planned for launch by 1H 2024 \u2014 in a bid to prove the reliability of net-zero vehicles.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The EU has set out a target to phase out fossil fuel-powered vehicles <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1b2fed94-d1ca-4572-8063-90e29d6b3029\" style=\"\" rel=\"noopener\">by 2035<\/a> and reached a provisional agreement earlier this month to have almost all new heavy-duty vehicles in the bloc subject to emission reduction targets as part of a target to slash its transport sector\u2019s greenhouse gas output by 15% next year, 45% by 2030, 55% by 2035, and 90% by 2040. <\/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\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trucking\/\">trucking<\/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=\"76372 advertiser\" class=\"issue-section enterprise-adv\">\n<div 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  UAE\u2019s Gulfnav will begin using drones throughout UAE ports                        <\/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\/29\/uaes-gulfnav-will-begin-using-drones-throughout-uae-ports\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2307.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2307.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2307.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2307.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76373\" class=\"content-area-description single-story post-76373 post type-post status-publish format-standard has-post-thumbnail hentry category-logistics-handling tag-gulfnav tag-logistics-handling tag-ports 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\/.170e39d4-0db7-41fe-a0df-647700f74e93.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Gulfnav gets Wings: <\/strong>UAE-based maritime and shipping company <a target=\"_blank\" href=\"https:\/\/www.gulfnav.com\/\" style=\"\" rel=\"noopener\">Gulfnav<\/a> has inked an MoU with eVtol outfit <a target=\"_blank\" href=\"https:\/\/wingslogistics.world\/\" style=\"\" rel=\"noopener\">Wings<\/a><a target=\"_blank\" href=\"https:\/\/wingslogistics.world\/\" style=\"\" rel=\"noopener\">Logistics Hub<\/a> to begin using their drone services in various operations throughout UAE ports, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/1\/2197.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a> released on Thursday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What are they using them for? <\/strong>The agreement will see Wing Logistics Hub offer drones for various shipping services including the transport of light and heavy cargo, passenger drones, firefighting, and mapping and surveillance. The collaboration will also explore other solutions, such as autonomous light vehicles and AI-based solutions for the maritime sector, the statement notes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Emissions cutting:<\/strong> \u201cWe expect the company to benefit from drone technology to overcome logistical challenges, as it is more cost-effective compared to traditional methods such as crew boats which rely mainly on fuel and personnel, and it also contributes to reducing carbon emissions,\u201d Gulfnav CEO Ahmed Kilani said in the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Wings Logistics Hub: <\/strong>The UAE-based company, operating under the ownership of Multi Level Group, focuses on smart mobility, logistics technology, smart cities, and omnichannel solutions. They also specialize in advanced technologies, including intelligent autonomous drones, eVTOLs, and vehicle technologies.<\/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\/gulfnav\/\">Gulfnav<\/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\/ports\/\">PORTS<\/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=\"76375\" 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=\"76375\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Investment Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/maqta-gateway-inks-shareholder-agreement-to-provide-aqaba-port-with-digital-system\/\">\r\n                            Maqta Gateway inks shareholder agreement to provide Aqaba port with digital system                        <\/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\/29\/maqta-gateway-inks-shareholder-agreement-to-provide-aqaba-port-with-digital-system\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" 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class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76376\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/maqta-gateway-inks-shareholder-agreement-to-provide-aqaba-port-with-digital-system\/2310-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2310.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2310.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2310.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2310.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76375\" class=\"content-area-description single-story post-76375 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-ad-ports tag-investment-watch tag-jordan tag-ports 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\/.0aa3f614-8c02-4c26-bb4d-c03f234b4156.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Maqta Gateway, Aqaba finalize shareholder agreement: <\/strong>AD Ports Group subsidiary <a target=\"_blank\" href=\"https:\/\/www.maqta.ae\/\" style=\"\" rel=\"noopener\">Maqta<\/a><a target=\"_blank\" href=\"https:\/\/www.maqta.ae\/\" style=\"\" rel=\"noopener\">Gateway<\/a> and Jordan\u2019s central development arm <a target=\"_blank\" href=\"https:\/\/www.adc.jo\/\" style=\"\" rel=\"noopener\">Aqaba Development Corporation<\/a> (ADC) inked a shareholder agreement granting Maqta Gateway a majority 51% stake in the entities\u2019 JV company, Maqta Ayla, as part of a port development agreement, according to a <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2024\/01\/25\/maqta-gateway-and-aqaba-development-corporation-sign-shareholders-agreement\" style=\"\" rel=\"noopener\">press release<\/a> released on Thursday. Under the shareholder agreement signed, Maqta Gateway will have a 51% stake in Maqta Ayla and ADC will own the remaining 49%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More details: <\/strong>The agreement pertains to an existing joint venture, dubbed Maqta Ayla, which looks to integrate Maqta Gateway\u2019s Port Community System (PCS) at Aqaba Port, the statement said. No further details regarding the financials of the agreement were disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What does Maqta Ayla do?<\/strong> The company leverages Maqta Gateway\u2019s experience and tools for port digitalization to implement the PCS to streamline transactions between the Port of Aqaba, terminal operators, <a target=\"_blank\" href=\"https:\/\/aseza.jo\/Default\/Ar\" style=\"\" rel=\"noopener\">Aqaba Special Economic Zone Authority (ASEZA)<\/a>, ADC, and other stakeholders active in the port\u2019s ecosystem, the statement notes. Maqta Ayla will be the first company to export AD Ports\u2019 port digitalisation solution and expects to roll out the PCS at Aqaba within a 12-month timeframe. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The initiative is a boon for decarbonization:<\/strong> The move is expected to slash carbon emissions associated with over 90k in-person visits within a year of its introduction. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the Port of Aqaba:<\/strong> The port is a key gateway to Jordan, handling 80% of the country\u2019s exports and 65% of its imports, the statement said. Aqaba\u2019s Container Terminal handles next to 1.3 mn TEUs a year and is a key transit hub for trade with neighboring countries.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ad-ports\/\">AD Ports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/investment-watch\/\">INVESTMENT WATCH<\/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\/ports\/\">PORTS<\/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=\"76377\" 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=\"76377\">\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\">M&amp;A Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/agilitys-menzies-aviation-nabs-50-of-hong-kongs-jardine-aviation-services-group\/\">\r\n                            Agility\u2019s Menzies Aviation nabs 50% of Hong Kong\u2019s Jardine Aviation Services Group                        <\/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\/29\/agilitys-menzies-aviation-nabs-50-of-hong-kongs-jardine-aviation-services-group\/\" target=\"_blank\">\n                    Open in new tab                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href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/agilitys-menzies-aviation-nabs-50-of-hong-kongs-jardine-aviation-services-group\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2296.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76378\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/agilitys-menzies-aviation-nabs-50-of-hong-kongs-jardine-aviation-services-group\/2296-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2296.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2296.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2296.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2296.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76377\" class=\"content-area-description single-story post-76377 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-agility-logistics tag-aviation tag-ma-watch 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\/.bf943cb8-3078-438b-865f-1ab0b837e708.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Agility Logistics<\/strong><strong> subsidiary <\/strong><strong><a target=\"_blank\" href=\"https:\/\/menziesaviation.com\/\" style=\"\" rel=\"noopener\">Menzies Aviation<\/a><\/strong><strong> has snapped up a 50%<\/strong><strong> stake in Hong Kong\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.jasg.com\/about\/history\" style=\"\" rel=\"noopener\">Jardine<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.jasg.com\/about\/history\" style=\"\" rel=\"noopener\">Aviation Services Group<\/a><\/strong><strong> (JASG)<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.agility.com\/en\/menzies-aviation-acquires-50-stake-in-jardine-aviation-services-group-in-hong-kong-to-strengthen-its-presence-in-asia\/\" style=\"\" rel=\"noopener\">press release<\/a> released on Thursday. The acquisition comes within the framework of a partnership that will see Menzies andChina National Aviation Corporation (CNAC) operate a joint venture rebranding JASG as Menzies CNAC Aviation Services. The acquisition is subject to regulatory approval and is expected to be completed in the coming months. No financial details pertaining to the agreement were disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Menzies has been eyeing expansion in Asia: <\/strong>The latest acquisition is slated to help Menzies establish a foothold in Hong Kong and builds on an existing partnership with CNAC at Macau. Menzies also has operations at airports in Indonesia and Malaysia, the statement said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About JASG: <\/strong>The ground handling services company has been running operations at Hong Kong International Airport since 1946. JASG offers various services to clients at the airport, including flight operations, passenger services, and ramp and cargo handling, 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\/agility-logistics\/\">Agility Logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76379\" 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=\"76379\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">REGULATION<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/saudi-arabias-zatca-rolls-out-a-blueprint-for-bonded-zones-and-warehouses\/\">\r\n                            Saudi Arabia\u2019s ZATCA rolls out a blueprint for bonded zones, warehouses with five license types                        <\/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\/29\/saudi-arabias-zatca-rolls-out-a-blueprint-for-bonded-zones-and-warehouses\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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href=\"https:\/\/api.whatsapp.com\/send?text=Saudi+Arabia%E2%80%99s+ZATCA+rolls+out+a+blueprint+for+bonded+zones+and+warehouses+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F01%2F29%2Fsaudi-arabias-zatca-rolls-out-a-blueprint-for-bonded-zones-and-warehouses%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\/29\/saudi-arabias-zatca-rolls-out-a-blueprint-for-bonded-zones-and-warehouses\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2245.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76380\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/saudi-arabias-zatca-rolls-out-a-blueprint-for-bonded-zones-and-warehouses\/2245-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2245.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2245.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2245.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2245.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76379\" class=\"content-area-description single-story post-76379 post type-post status-publish format-standard has-post-thumbnail hentry category-regulation tag-regulation tag-saudi-arabia tag-trade tag-zones wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.6ec18a08-a74c-4d5d-8535-1bdb039061c1.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>KSA unveils fresh rules to boost logistics hub ambitions: <\/strong>Saudi Arabia\u2019s Zakat, Tax and Customs Authority (ZATCA) has rolled out <a target=\"_blank\" href=\"https:\/\/zatca.gov.sa\/en\/RulesRegulations\/Taxes\/Documents\/Bonded_zones_Rules%26Regulation.pdf\" style=\"\" rel=\"noopener\">new regulations (pdf)<\/a> for all bonded zones in a bid to facilitate the movement of goods and accelerate the growth of the logistics industry, according to <a target=\"_blank\" href=\"https:\/\/zatca.gov.sa\/en\/MediaCenter\/News\/Pages\/news_1185.aspx\" style=\"\" rel=\"noopener\">a ZATCA press release<\/a> released last week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is part of the government\u2019s push to position the kingdom as a global logistics hub. <\/strong>The move aims to raise the efficiency of the logistics industry by facilitating the clearance, storage and movement of goods in and out of the Kingdom. It also allows foreign traders who have commercial registration in their countries to carry out their operations without having to acquire local commercial registration documents. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND- <\/strong>The regulations were put up for <a target=\"_blank\" href=\"https:\/\/istitlaa.ncc.gov.sa\/ar\/finance\/gazt\/zatcabzr\/Pages\/default.aspx#!\" style=\"\" rel=\"noopener\">public consultation<\/a> last September and you can find the <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/1\/2248.pdf\" style=\"\" rel=\"noopener\">results of the survey here (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The regulations outline four types of licenses <\/strong>for the operation and management of bonded zones:<\/p>\n<ul>\n<li>The storage and handling of goods, along with value-added operations are permitted under the generic <strong>bonded zone license<\/strong>;<\/li>\n<li>Goods and operations that fall under industries including ecommerce, maintenance, mixing and combination, simple assembly operations are permitted under the <strong>specialized bonded zone license<\/strong>;<\/li>\n<li>The storage of liquid petroleum and petrochemical derivatives and bulk products is permitted under the <strong>bonded tank zone license<\/strong>;<\/li>\n<li><strong>Temporary bonded zone licenses <\/strong>are given for a maximum period of six months with an option for renewal or turning the zone into the permanent type.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Uhm, Enterprise, what are bonded zones? <\/strong>This is a system that allows importers and exporters to store imported goods in designated zones and warehouses without immediate payment of customs or taxes until the goods are moved into the local market or re-exported. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Expiration + renewal: <\/strong>All of the licenses \u2014 except the temporary type \u2014 are granted for a period of 10 years and can be renewed for an additional 10-year period provided the operator files at least 90 days ahead of the expiration date.<\/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\/regulation\/\">regulation<\/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\/zones\/\">ZONES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76381\" 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=\"76381\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/al-seer-marine-posts-a-loss-for-2023-while-gwcs-bottomline-fell-10-28-y-o-y\/\">\r\n                            Al Seer Marine posts a loss for 2023 while GWC\u2019s bottomline fell 10.28%  y-o-y                        <\/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\/29\/al-seer-marine-posts-a-loss-for-2023-while-gwcs-bottomline-fell-10-28-y-o-y\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img 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class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Al Seer Marine posts a loss for 2023 while GWC\u2019s bottomline fell 10.28%  y-o-y&url=https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/al-seer-marine-posts-a-loss-for-2023-while-gwcs-bottomline-fell-10-28-y-o-y\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/al-seer-marine-posts-a-loss-for-2023-while-gwcs-bottomline-fell-10-28-y-o-y\/&title=Al Seer Marine posts a loss for 2023 while GWC\u2019s bottomline fell 10.28%  y-o-y\">\n                    LinkedIn                    <!-- <img decoding=\"async\" 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  <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1189.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76382\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/al-seer-marine-posts-a-loss-for-2023-while-gwcs-bottomline-fell-10-28-y-o-y\/1189-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1189.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1189.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1189.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1189.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76381\" class=\"content-area-description single-story post-76381 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-earnings-watch tag-gwc-group tag-qatar tag-shipping-maritime tag-storage-warehouses 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\/.54592320-59bc-4d4e-9802-2a5a9a7ae191.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>FY 2023 earnings are making the rounds:<\/strong> We have a mixed bag of reports from two regional players this morning, as UAE-based marine services company <strong><a target=\"_blank\" href=\"https:\/\/alseermarine.ae\/contact\/\" style=\"\" rel=\"noopener\">Al Seer Marine<\/a><\/strong> and Qatar storage and warehousing giant <a target=\"_blank\" href=\"https:\/\/www.gwclogistics.com\/\" style=\"\" rel=\"noopener\">GWC<\/a> post contrasting results.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AL SEER MARINE-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/alseermarine.ae\/contact\/\" style=\"\" rel=\"noopener\">Al Seer Marine<\/a><\/strong><strong> posted an AED 1.03 bn loss <\/strong><strong>in net income 2023, <\/strong>according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/1\/2108.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. The company also saw a 10.8% y-o-y boost in topline for the same period to AED 1.2 bn. The latest results contrast with last year\u2019s AED 1 bn topline, according to the <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/1\/2110.pdf\" style=\"\" rel=\"noopener\">company\u2019s financials (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why the drop in net income?<\/strong> The company attributed the weaker financial performance to market-to-market losses as the value of the company\u2019s investment portfolio declined due to market changes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al Seer doubled down on expansion in 2023: <\/strong>The company made a cornerstone <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ac69af8c-3fcc-44df-9a3b-8fabb3b50291\" style=\"\" rel=\"noopener\">investment<\/a> of AED 257 mn in Adnoc L&S, which was later bumped up by 43% to AED 367 mn, in a bid to diversify the company\u2019s portfolio, the earnings statement said. The company also acquired a gas vessel for AED 331 mn and two Very Large Gas Carriers (VLGCs) for AED 724 mn, with the first VLGC delivered mid-year, as the company looks to diversify its range of vessels and boost services. \u201cThese strategic investments have diversified our operational capabilities enabling us to tap into continued growth across gas transportation,\u201d Al Seer Marine CEO Guy Neivens said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>GWC-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatari logistics giant <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.gwclogistics.com\/\" style=\"\" rel=\"noopener\">Gulf Warehousing<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.gwclogistics.com\/\" style=\"\" rel=\"noopener\">Company\u2019s<\/a><\/strong><strong> (GWC) <\/strong><strong>bottomline saw a 10.3% y-o-y fall to QAR 215 mn in FY 2023, <\/strong>according to a <a target=\"_blank\" href=\"https:\/\/www.gwclogistics.com\/news\/gwc-posts-financial-results-for-ye-2023\/\" style=\"\" rel=\"noopener\">press release<\/a>. Toplines also dipped 1.3% to QAR 1.5 bn during the same period. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More details:<\/strong> An 82.2% y-o-y increase in finance costs, which totalled next to QAR 101 mn, contributed to the fall in net income, the company\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/1\/2049.pdf\" style=\"\" rel=\"noopener\">yearly financial report (pdf)<\/a> revealed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The company kicked off the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/43f38444-3adc-4dd7-8017-12061b52ec55\" style=\"\" rel=\"noopener\">second phase at Al Wukair Logistics Park<\/a> last September.<\/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\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/gwc-group\/\">GWC Group<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/storage-warehouses\/\">STORAGE + WAREHOUSES<\/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=\"76383\" 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=\"76383\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/oman-and-cyprus-look-to-strengthen-economic-cooperation-iran-and-turkey-to-jointly-develop-free-trade-zone\/\">\r\n                            Oman and Cyprus look to strengthen economic cooperation, Iran and Turkey to jointly develop free trade zone                        <\/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\/29\/oman-and-cyprus-look-to-strengthen-economic-cooperation-iran-and-turkey-to-jointly-develop-free-trade-zone\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/oman-and-cyprus-look-to-strengthen-economic-cooperation-iran-and-turkey-to-jointly-develop-free-trade-zone\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/oman-and-cyprus-look-to-strengthen-economic-cooperation-iran-and-turkey-to-jointly-develop-free-trade-zone\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Oman and Cyprus look to strengthen economic cooperation, Iran and Turkey to jointly develop free trade zone&url=https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/oman-and-cyprus-look-to-strengthen-economic-cooperation-iran-and-turkey-to-jointly-develop-free-trade-zone\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/oman-and-cyprus-look-to-strengthen-economic-cooperation-iran-and-turkey-to-jointly-develop-free-trade-zone\/&title=Oman and Cyprus look to strengthen economic cooperation, Iran and Turkey to jointly develop free trade zone\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Oman+and+Cyprus+look+to+strengthen+economic+cooperation%2C+Iran+and+Turkey+to+jointly+develop+free+trade+zone+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F01%2F29%2Foman-and-cyprus-look-to-strengthen-economic-cooperation-iran-and-turkey-to-jointly-develop-free-trade-zone%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\/29\/oman-and-cyprus-look-to-strengthen-economic-cooperation-iran-and-turkey-to-jointly-develop-free-trade-zone\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2320.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76384\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/oman-and-cyprus-look-to-strengthen-economic-cooperation-iran-and-turkey-to-jointly-develop-free-trade-zone\/2320-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2320.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2320.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2320.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2320.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76383\" class=\"content-area-description single-story post-76383 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-iran tag-oman tag-trade tag-turkey tag-zones wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.f7a3fe6d-a03b-463c-a7b0-e4aba0900405.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman + Cyprus eye stronger economic ties: <\/strong>Omani Foreign Affairs Minister Sayyid Badr bin Hamad Al Busaidi met with his Cypriot counterpart Constantinos Kompo to discuss boosting economic cooperation between the two countries, <a target=\"_blank\" href=\"https:\/\/www.omannews.gov.om\/topics\/en\/81\/show\/115650\" style=\"\" rel=\"noopener\">Oman News Agency<\/a> reports. The pair agreed to finalize a number of agreements and MOUs including partnerships on maritime shipping, education, tourism, and renewables, ONA writes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iran + Turkey to develop border freezone:<\/strong> Iranian President Ebrahim Raesi agreed with his Turkish counterpart Recep Tayyip Erdogan to develop a freezone located along the two countries\u2019 border, <a target=\"_blank\" href=\"https:\/\/en.mehrnews.com\/news\/211393\/Iran-Turkey-agree-to-develop-free-trade-zone-on-joint-border\" style=\"\" rel=\"noopener\">Mehr News Agency<\/a> reported on Saturday, citing the head of the Iran-Turkey Parliamentary Friendship Association. Both countries <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/12560373-e683-4851-85f5-3ed786f83267\" style=\"\" rel=\"noopener\">discussed last week<\/a> strengthening bilateral trade ties, as well as establishing a joint high-ranking delegation to boost the volume of trade and economic transactions between the two countries to USD 30 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong><strong>Iran + Qatar <\/strong><strong>follow up on agreement releasing Iranian funds in Qatar:<\/strong> Iranian Foreign Minister Hossein Amirabdollahian discussed expanding cooperation with his Qatari counterpart Mohammed bin Abdulrahman Al Thani, <a target=\"_blank\" href=\"https:\/\/www.tasnimnews.com\/en\/news\/2024\/01\/28\/3030006\/qatar-finalizing-iran-s-access-to-bank-funds\" style=\"\" rel=\"noopener\">Tasnim News Agency<\/a> reports. Thani assured Iranian officials that Qatar, and the US, are on-board with an ongoing agreement between Iran's Central Bank and Qatar, which would facilitate access to Iran\u2019s funds in Qatari banks. <\/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\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/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\/turkey\/\">Turkey<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/zones\/\">ZONES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76385\" 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=\"76385\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/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\/29\/tokai-optics-is-heading-to-saif-red-sea-global-is-switching-to-biofuel-and-al-seer-will-work-with-milanion-on-ugvs\/\">\r\n                            Tokai Optics is heading to SAIF, Red Sea Global is switching to biofuel, and Al Seer will work with Milanion on UGVs                        <\/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 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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2326.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76386\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/01\/29\/tokai-optics-is-heading-to-saif-red-sea-global-is-switching-to-biofuel-and-al-seer-will-work-with-milanion-on-ugvs\/2326-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2326.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2326.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2326.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2326.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76385\" class=\"content-area-description single-story post-76385 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-egypt tag-saudi-arabia tag-storage-warehouses tag-transport 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\/.22d7f8da-a777-4a38-bea5-c8ef7b5ca841.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">ZONES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tokai Optical to join SAIF Zone:<\/strong> Japanese eyeglass lens manufacturer <a target=\"_blank\" href=\"https:\/\/www.tokai.com\/\" style=\"\" rel=\"noopener\">Tokai Optical<\/a> will lease a 400k sqm warehouse in the <a target=\"_blank\" href=\"https:\/\/www.google.com\/aclk?sa=l&ai=DChcSEwi258a3jICEAxXOp4MHHbc7DLIYABAAGgJlZg&ase=2&gclid=CjwKCAiAk9itBhASEiwA1my_68x-D8rCKEycy-QAGtaCDY-8D1N0Q_t141i8FkYRW_pCiyeFAs1_6BoCv3EQAvD_BwE&sig=AOD64_1i_CtUoo9L6pCOfUtDCBLeXoFH7g&q&nis=4&adurl&ved=2ahUKEwjWrb23jICEAxXC8bsIHWkdAYQQ0Qx6BAgGEAE\" style=\"\" rel=\"noopener\">Sharjah Airport International Freezone (SAIF Zone)<\/a> for AED 8 mn, after it inked an agreement with SAIF Zone on Sunday, the freezone <a target=\"_blank\" href=\"https:\/\/twitter.com\/SAIF_Zone\/status\/1751520220961775843\" style=\"\" rel=\"noopener\">said on X<\/a>. The move marks the first phase of the company\u2019s expansion in the Middle East and Africa.<\/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\">GREEN TRANSPORT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabian developer Red Sea Global (RSG) has converted its full fleet of land <\/strong><strong>vehicles to operate solely on low-carbon biofuel or electricity<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2037149\" style=\"\" rel=\"noopener\">SPA<\/a> reports, citing a company statement. The company currently operates a fleet of six refrigerated trucks with a payload of 8 tons and three refrigerated trucks with a payload of 3.5 tons. It has plans to expand to up to 800 vehicles by 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More details: <\/strong>The biofuel used by the RSG is produced from locally sourced cooking oil, the statement notes, adding that it only emits 0.17 kg of carbon dioxide equivalent per liter in comparison with the 2.7 kg per liter produced by burning regular diesel. <\/p>\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>Al Seer teams up with Milanion on UGVs: <\/strong>UAE-based maritime solution provider <a target=\"_blank\" href=\"https:\/\/alseermarine.ae\" style=\"\" rel=\"noopener\">Al Seer<\/a><a target=\"_blank\" href=\"https:\/\/alseermarine.ae\" style=\"\" rel=\"noopener\">Marine<\/a> has inked an MoU with autonomous technology outfit <a target=\"_blank\" href=\"https:\/\/milaniongroup.com\/about-us\/\" style=\"\" rel=\"noopener\">Milanion<\/a> to collaborate on land and maritime UGVs manufactured in the UAE, according to a <a target=\"_blank\" href=\"https:\/\/english.defensearabia.com\/umex-2024-milanion-ink-mou-with-al-seer-marine-for-made-in-uae-unmanned-systems\/\" style=\"\" rel=\"noopener\">press release<\/a> released on Thursday. Milanion will design and develop autonomous technology systems and platforms and Al Seer Marine will extend its experience in manufacturing and maintaining maritime equipment. The collaboration looks to bank on growth in the global UGV market, forecasted to stand at USD 4.9 bn by 2029, the statement said.<\/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\">STORAGE + WAREHOUSING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt is reportedly looking to construct six silos to boost grain storage capacity by <\/strong><strong>10% <\/strong><strong>in 2024 at a cost of <\/strong><strong>USD 145.6 mn<\/strong>, <a target=\"_blank\" href=\"https:\/\/bit.ly\/3HCNSjN\" style=\"\" rel=\"noopener\">Al Arabiya<\/a> reports, citing people with knowledge of the matter. The project will increase capacity by 420k tons to a total of 4.62 mn tons. The French Development Agency will extend a USD 61.5 mn grant for the silo\u2019s construction, with Egypt financing the remaining USD 84.1 mn. The Egyptian government is looking to boost grain storage capacity to between 6.5 to 7 mn tons within the next three to four years, with increased storage allowing the country to better handle price shocks. The new silos will be located in Kafr El-Sheikh, Dakahlia, Minya, Assiut, and Menoufia governorates, Al Arabiya writes.<\/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>KSA to improve customer satisfaction<\/strong><strong> in transport and logistics:<\/strong> KSA\u2019s Ministry of Transport and Logistics has inked a partnership agreement with the Customer Experience Association to measure and improve customer satisfaction in the transport and logistics sector. (<a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2036478\" style=\"\" rel=\"noopener\">SPA<\/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\/egypt\/\">Egypt<\/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\/storage-warehouses\/\">STORAGE + WAREHOUSES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <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=\"76387\" 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\/29\/76387\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76387\" class=\"content-area-description single-story post-76387 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\">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>5-7 February (Monday-Wednesday):  <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/cargofactsevents.com\/emea\/\" style=\"\">Cargo Facts EMEA 2024<\/a><\/span><span style=\"font-weight:400;\">, Amsterdam, Netherlands. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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-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\">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 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>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>28 April - 29 April (Sunday - Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.weforum.org\/events\/world-economic-forum-annual-meeting-2024\/\" style=\"\">World Economic Forum<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, KSA.<\/span><\/p>\n<p style=\"padding:0;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>China and Israel squabble over ports | Gulfnav will use drones in UAE ports | Maqta Gateway inks shareholder agreement with Aqaba port<\/p>\n","protected":false},"featured_media":76364,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-76363","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"5e0c0038-e1f6-4550-a3a1-ab9313cd949e","teaser":"China and Israel squabble over ports | Gulfnav will use drones in UAE ports | Maqta Gateway inks shareholder agreement with Aqaba port","photo_url":"https:\/\/ent.news\/2024\/1\/1269.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>Red Sea tensions continue amid squabbles between China and Israel - 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