{"id":77415,"date":"2024-03-18T07:15:00","date_gmt":"2024-03-18T07:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=77415"},"modified":"2025-12-15T14:20:50","modified_gmt":"2025-12-15T14:20:50","slug":"dp-world-invests-usd-50-mn-to-develop-a-new-south-korean-logistics-center","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/dp-world-invests-usd-50-mn-to-develop-a-new-south-korean-logistics-center\/","title":{"rendered":"DP World invests USD 50 mn to develop a new South Korean logistics center"},"content":{"rendered":"<section id=\"77417\" 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=\"77417\">\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\/03\/18\/today-dp-world-set-to-develop-a-south-korean-logistics-center-houthis-set-their-sights-on-shipping-diversions\/\">\r\n                            TODAY: DP World set to develop a South Korean logistics center + Houthis set their sights on shipping diversions                        <\/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\/03\/18\/today-dp-world-set-to-develop-a-south-korean-logistics-center-houthis-set-their-sights-on-shipping-diversions\/\" 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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Let\u2019s dive right in.<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><a href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/996.jpg?ssl=1\"\/><\/a> <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";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;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong><a id=\"wwtt1\"><\/a><\/strong><strong>#1-<\/strong><strong>One step closer to IMEC: <\/strong>India\u2019s cabinet has approved an Inter-Governmental Framework Agreement (IGFA) <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/acf684f5-67a7-4853-8f18-f128d27f5f68\" style=\"\" rel=\"noopener\">inked with the UAE<\/a> in February to enable the India-Middle East Europe Economic Corridor (IMEC), <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/13taz9u-india%E2%80%99s-cabinet-approves-agreement-enable\" style=\"\" rel=\"noopener\">WAM<\/a> reported on Wednesday. \u201cThe IGFA includes areas of cooperation between the two countries with the objective of exploring further potential of future joint investment and collaboration in respect of development of the IMEC,\u201d India\u2019s cabinet said in a statement following its approval. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>ICYMI- <\/strong>The US-led IMEC initiative was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/006b0021-b805-4530-8567-591e16bebdf8\" style=\"\" rel=\"noopener\">unveiled at the G20 talks<\/a> in New Delhi in September. The project will consist of an eastern corridor connecting India to the GCC, and a northern corridor linking GCC states with Europe, with the participating countries will also lay cables for power and data lines along the railway route, as well as pipelines for moving clean hydrogen.<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong><a id=\"wwtt2\"><\/a><\/strong><strong>#2-<\/strong><strong>The <\/strong><strong>Iraqi-Turkish oil pipeline has been fully repaired<\/strong><strong>,<\/strong> following sabotage by ISIS, with the pipeline connecting production fields in Kirkuk to export terminals at Turkey\u2019s Ceyhan Port, an unnamed source in Iraq\u2019s state-owned <a target=\"_blank\" href=\"https:\/\/nocoil.gov.iq\/home_eng\/\" style=\"\" rel=\"noopener\">North Oil Company<\/a> told <a target=\"_blank\" href=\"https:\/\/shafaq.com\/en\/Economy\/Iraqi-Turkish-pipeline-fully-restored-ensuring-uninterrupted-oil-flow\" style=\"\" rel=\"noopener\">Shafaq<\/a> on Wednesday. The resumption of flows across the pipeline is now dependent on an Iraqi government decision to restart exports to Turkey, the source said. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>REMEMBER-<\/strong> Oil exports to Turkey from Iraq\u2019s northern autonomous region of Kurdistan were halted after a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/16ac81ab-c7b4-40e0-a399-60a88ed2ef70\/iraq-halts-kurdish-oil-exports-after-court-rules-in-its-favor-in-landmark-arbitration-case-against-turkey\" style=\"\" rel=\"noopener\">landmark decision<\/a> by the International Chamber of Commerce deemed the transfers illegal and ordered Turkey to shell out USD 1.5 bn in damages to Baghdad. Recent developments have seen Iraq keen to resume the exports, with Oil Minister Hayyan Abdual Ghani <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c84c0127-92b3-4cac-809e-d2f964ea3cb0\" style=\"\" rel=\"noopener\">saying as much<\/a> last November. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong><a id=\"wwtt3\"><\/a>#3- The US Federal Aviation Administration (FAA) is investigating how a United Airlines <\/strong><strong>Boeing 737 aircraft landed in Oregon with a missing external panel<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/united-operated-boeing-737-with-missing-external-panel-lands-safely-oregon-2024-03-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday. The airline said no alarm was raised during the flight and the aircraft sustained no damage. The FAA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/dc5dc82f-8b31-4dec-a0e9-254e48e9f5ec\" style=\"\" rel=\"noopener\">cleared<\/a> Boeing\u2019s 737 MAX 9 aircraft to return to service early last month, following a mid-flight <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ae0169c6-1bc3-4364-b89e-1b0c15230ff5\" style=\"\" rel=\"noopener\">panel blow out<\/a> that saw the fleet grounded in January.<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong><a id=\"wwtt4\"><\/a><\/strong><strong>#4-<\/strong><strong>G7 threatens to ban Iran Air flights to Europe:<\/strong>G7 nations including the US are looking to roll out new penalties against Iran \u2014 including a ban on Iran Air operating in Europe \u2014 if Tehran decides to go ahead with the transfer of ballistic missiles and related technologies to Russia, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/iran-air-could-be-banned-europe-if-tehran-sends-missiles-russia-us-warns-2024-03-15\/#:~:text=WASHINGTON%2FROME%2C%20March%2015%20(,U.S.%20official%20said%20on%20Friday.\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday, citing US officials and a joint G7 statement. The warnings came on the heels of a <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/iran-sends-russia-hundreds-ballistic-missiles-sources-say-2024-02-21\/\" style=\"\" rel=\"noopener\">Reuters report<\/a> which had indicated that Tehran had already shipped hundreds of ballistic missiles to Russia, which is expected to deploy them in its two-year-long war with Ukraine. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>ON A RELATED NOTE- <\/strong><strong>The US is pressing Panama to prevent Iranian ships from using its flag in a bid to <\/strong><strong>clamp down on attempts by Iran to skirt sanctions<\/strong>, <a target=\"_blank\" href=\"https:\/\/en.irna.ir\/news\/85418163\/US-presses-Panama-on-anti-Iran-sanctions\" style=\"\" rel=\"noopener\">IRNA<\/a> reported on Thursday, citing AFP. The calls came during US Deputy Special Representative for Iran Affairs Abram Paley\u2019s recent trip to Panama to ensure \u201cthe Panamanian shipping registry and jurisdiction are not used by entities that are trying to circumvent US sanctions against Iran,\u201d IRNA cites Paley as saying. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\">\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>#1-<\/strong><strong>Oil prices eased on Friday<\/strong><strong> a day after surpassing USD 85 a barrel for the first time <\/strong><strong>in five months<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-dips-profit-taking-after-price-crosses-85-2024-03-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday. Brent crude oil futures dipped 0.11% to USD 85.33 a barrel by 17.16 GMT, while West Texas Intermediate (WTI) crude fell 0.21% to USD 81.09 a barrel. Prices were still expected to close 3% higher for the week, stoked by surging demand from US refiners coming out of maintenance, the newswire said. Other factors, including a stronger USD and concerns over the feasibility of a US Federal Reserve interest rate cut given lingering inflation weighed down the market, while IEA and OPEC forecasts for stronger demand for oil and possible disruptions to supplies due to Ukrainian attacks against Russian oil refineries buoyed the oil market, the newswire also said. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>#2-<\/strong><strong>Drewry\u2019s World Container Index (WCI) fell 4% to USD 3,162 per 40 ft container <\/strong><strong>for <\/strong><strong>the week ending Thursday, <\/strong>but was up 77% when compared to the same period last year, maritime research and consultancy firm <a target=\"_blank\" href=\"https:\/\/www.drewry.co.uk\/supply-chain-advisors\/supply-chain-expertise\/world-container-index-assessed-by-drewry\" style=\"\" rel=\"noopener\">Drewry<\/a> reported on Thursday. The latest WCI index is also 123% greater than the average 2019 pre-pandemic rate of USD 1,420 per 40 ft container and USD 794 above the 10 year average rate of USD 2,699. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>#3-<\/strong><strong>Baltic index posts sixth back-to-back weekly gain: <\/strong>The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 climbed 1% to 2,374 points on Friday, and was up 1.2% for the week, seeing its sixth consecutive weekly gain on the back of strong demand for the panamax and supramax vessel segments, <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/baltic-index-posts-sixth-straight-weekly-gain\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The panamax subindex surged 4.7% to 2,234 points, and was up 20% for the week as it marked its highest in over three months, while the smaller supramax segment gained 12 points to 1,326 points. Meanwhile, the larger capesize subindex slipped 0.6% to 4,019 points, and was down 5.3% for the week. the newswire said.<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>#4-<\/strong><strong>Bloomberg has included Adnoc\u2019s Murban Crude Oil as a subindex to its flagship <\/strong><strong>Bloomberg Commodity Index, <\/strong>where it will be represented alongside benchmark Brent and West Texas Intermediate (WTI), according to a <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-commodity-murban-crude-oil-index-introduced-in-latest-bloomberg-indices-commodities-expansion\/\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The move offers investors that trade in Brent and WTI diversification benefits, while also enhancing their abilities to mark geopolitical risks and differences in regional growth dynamics, the statement said. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>#5-<\/strong><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.iea.org\/\" style=\"\" rel=\"noopener\">International Energy Agency<\/a><\/strong><strong> (IEA) boosted its forecast for growth in the <\/strong><strong>demand for oil by 110k barrels per day (bpd) to 1.3 mn bpd on Thursday, <\/strong>marking its fourth upward revision since November as reroutes on the back of Red Sea disruptions see greater demands for fuel and record bunkering sales in Singapore, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/iea-sees-economic-headwinds-putting-damper-supply-growth-2024-03-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday. The agency, which represents the Western bloc, also expects a slight deficit in oil markets this year, as <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3f152528-8823-4d4d-8fcb-75278367ad8b\" style=\"\" rel=\"noopener\">OPEC+ extends production cuts<\/a>. Despite being increasingly bullish, the IEA\u2019s outlook for growth is 1 mn bpd lower than <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/0632c89d-75c0-43db-b270-ceaa1391716b\/today:-dp-world-expands-global-freight-forwarding-%2B-wants-more-paperless-trade\" style=\"\" rel=\"noopener\">OPEC\u2019s most recent forecast<\/a>, which stood unchanged at 1.25 mn bpd. IEA\u2019s announcement drove a USD 0.80 bump in the prices for Brent crude, which approached USD 85 a barrel and hit its highest since November, the newswire also said.<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\">\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>#1-<\/strong><strong>Queen Alia International Airport (QAIA) handled some 13k tons of cargo in <\/strong><strong>January and February,<\/strong>up 40.5 % y-o-y, <a target=\"_blank\" href=\"https:\/\/petra.gov.jo\/Include\/InnerPage.jsp?ID=58120&lang=en&name=en_news\" style=\"\" rel=\"noopener\">Petra<\/a> reports, citing figures from Airport International Group. The first two months of the year also saw QAIA register 11.2k aircraft movements, down 2.3% when compared to the same period last year, and 1.37 mn passengers, up 3.6%, the report said. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>#2-<\/strong><strong>UAE\u2019s Commercity records unprecedented growth<\/strong><strong>:<\/strong> Dubai\u2019s first digital commerce freezone, <a target=\"_blank\" href=\"https:\/\/www.dubaicommercity.ae\/\" style=\"\" rel=\"noopener\">Commercity<\/a> \u2014 a joint venture by Dubai Integrated Economic Zones Authority and Wasl Properties \u2014 recorded 158% y-o-y growth in the number of orders fulfilled via its digital trade platform in 2023, according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/March\/13-03\/Dubai-CommerCity-records-unprecedented\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The volumes of goods processed through Commercity\u2019s transit platform, DCC Way, also saw a 56% boost during the period, while goods shipping operations from distribution centers facilitated via the digital trade platform surged 92%, DMO said. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>#3-<\/strong><strong>Qatar saw a 29% <\/strong><strong>y-o-y<\/strong><strong> hike in the volume of <\/strong><strong>e-commerce transactions in February <\/strong><strong>to 6.02 mn transactions,<\/strong> according to a <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/C4aP5u5MrBj\/?utm_source=ig_embed&ig_rid=61937b54-241f-4a49-8059-ce981af8c1ea&img_index=2\" style=\"\" rel=\"noopener\">statement<\/a> released last week. <\/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;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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.mediaoffice.abudhabi\/en\/topic\/abu-dhabi-mobility-week\/\" style=\"\" rel=\"noopener\">Abu Dhabi Mobility Week<\/a><\/strong><strong> from Wednesday, 24 April to Wednesday, 1 <\/strong><strong>May <\/strong>in Abu Dhabi. The event, organized by <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/topic\/department-of-municipalities-and-transport\/\" style=\"\" rel=\"noopener\">The Department of Municipalities and Transport \u2013 Abu Dhabi (DMT)<\/a>, will feature announcements, forums, and introduce a mobility strategy for the emirate. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><strong>Iran will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/en.irna.ir\/news\/85413518\/Tehran-to-host-second-Iran-Africa-summit-in-April\" style=\"\" rel=\"noopener\">second Iran-Africa International Summit<\/a><\/strong><strong>from Wednesday, 24 April <\/strong><strong>through to Friday, 26 Apri<\/strong>l in Tehran. The event will see Iran receive trade ministers from more than 40 African countries. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>Saudi Arabia 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<\/strong> in Riyadh. The event will focus on global collaboration and energy.<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>The UAE will host the 23rd edition of the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.theairportshow.com\/\" style=\"\" rel=\"noopener\">Airport Show<\/a><\/strong><strong> from Tuesday, 14 May through to <\/strong><strong>Thursday, 16 May<\/strong> in Dubai. The 23rd Airport Show will see representation from airport suppliers, airport service providers, aviation executives, and regional decision makers. The event will highlight current innovations and new technologies, while emphasizing this year\u2019s \"Sustainability and Innovation,\" theme. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77419\" 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=\"77419\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">What we're tracking today<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/77419\/\">\r\n                                                    <\/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\/03\/18\/77419\/\" 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\/03\/18\/77419\/')\">\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\/03\/18\/77419\/\">\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=&url=https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/77419\/\">\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\/03\/18\/77419\/&title=\">\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=+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F03%2F18%2F77419%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\/03\/18\/77419\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77419\" class=\"content-area-description single-story post-77419 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.de0dad5f-f7f8-4c08-a549-3ab5d1f255b9.mp3\"><\/audio><\/figure><div class='introduction'><\/div>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77420\" 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=\"77420\">\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\">Investment Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/dp-world-invests-usd-50-mn-to-develop-a-new-south-korean-logistics-center\/\">\r\n                            DP World invests USD 50 mn to develop a new South Korean logistics center                        <\/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\/03\/18\/dp-world-invests-usd-50-mn-to-develop-a-new-south-korean-logistics-center\/\" 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\/03\/18\/dp-world-invests-usd-50-mn-to-develop-a-new-south-korean-logistics-center\/')\">\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\/03\/18\/dp-world-invests-usd-50-mn-to-develop-a-new-south-korean-logistics-center\/\">\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=DP World invests USD 50 mn to develop a new South Korean logistics center&url=https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/dp-world-invests-usd-50-mn-to-develop-a-new-south-korean-logistics-center\/\">\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\/03\/18\/dp-world-invests-usd-50-mn-to-develop-a-new-south-korean-logistics-center\/&title=DP World invests USD 50 mn to develop a new South Korean logistics center\">\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=DP+World+invests+USD+50+mn+to+develop+a+new+South+Korean+logistics+center+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F03%2F18%2Fdp-world-invests-usd-50-mn-to-develop-a-new-south-korean-logistics-center%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\/03\/18\/dp-world-invests-usd-50-mn-to-develop-a-new-south-korean-logistics-center\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1441.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77421\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/dp-world-invests-usd-50-mn-to-develop-a-new-south-korean-logistics-center\/1441-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1441.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1441.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1441.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1441.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77420\" class=\"content-area-description single-story post-77420 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-dp-world tag-investment-watch tag-logistics-zone 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\/3\/.3d997c4c-e195-4bf4-bfb6-4bcb43af6269.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>UAE-based port operator DP World is set to develop a new USD 50 mn logistics center in <\/strong><strong>South Korea\u2019s Busan New Port<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/australia\/news\/releases\/dp-world-accelerates-growth-in-south-korea-with-us-50-million-investment-in-busan-new-port\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Friday. Construction on the DP World Busan Logistics Centre (BLC) is slated to begin at the end of the year with operations kicking off by 2Q 2026, the statement notes.<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>What we know: <\/strong>BLC will cover 75k sqm and have the capacity to process some 80k TEUs of cargo a year by 2028. The facility will provide assembly, processing, and packaging to local and regional customers while specializing in the handling of key South Korean exports including cars, automotive parts and materials, fishery equipment, and machinery, the statement said.<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>Why is this important?<\/strong> The new facility will bolster end-to-end supply chain offerings for DP\u2019s South Korean clients and boost Busan New Port\u2019s positioning as a key supply chain hub and as an enabler for intra-Asian trade, CEO and Managing Director of DP World Asia Pacific Glen Hilton said in the statement. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>It\u2019s a family affair: <\/strong>DP World\u2019s latest investment will see BLC\u2019s operations integrated with DO World subsidiary <a target=\"_blank\" href=\"https:\/\/www.pncport.com\/\" style=\"\" rel=\"noopener\">Pusan Newport Company<\/a> \u2019s freight handling solutions and South Korean multimodal transport and rail outfit <a target=\"_blank\" href=\"http:\/\/www.unicologx.com\/\" style=\"\" rel=\"noopener\">Unico Logistics<\/a> logistics\u2019 rail freight, the statement said. DP World acquired a majority stake in Unico <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/en\/turkiye\/news\/news\/20dpworldinsouthkorea\" style=\"\" rel=\"noopener\">back in 2020<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-zone\/\">logistics zone<\/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=\"77422\" 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=\"77422\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Disruption Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/houthis-plan-to-expand-scope-of-attacks-into-the-indian-ocean-to-prevent-cape-of-good-hope-reroutes\/\">\r\n                            Houthis plan to expand scope of attacks into the Indian Ocean to prevent Cape of Good Hope reroutes                        <\/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\/03\/18\/houthis-plan-to-expand-scope-of-attacks-into-the-indian-ocean-to-prevent-cape-of-good-hope-reroutes\/\" 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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Houthis fired an anti-ship ballistic missile into the Gulf of Aden earlier on Thursday with no damage to vessels or injuries reported, the newswire wrote in a separate <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/yemens-houthis-fired-missile-gulf-aden-no-damage-reported-us-says-2024-03-14\/\" style=\"\" rel=\"noopener\">report<\/a>, citing US Central Command (Centcom). Centcom destroyed four unmanned aerial systems (UAVs) and one surface-to-air missile in Houthi-controlled parts of Yemen in response, identifying the military assets as \u201can imminent threat\u201d to merchant shipping and US warships in the Red Sea, Centcom said.<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>Cape of Good Hope in their sights: <\/strong>The Houthis are now looking to expand the scope of attacks into the Indian Ocean to prevent Israel-linked shipping diversions, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/leader-yemens-houthis-we-will-prevent-ships-passing-through-more-shipping-lanes-2024-03-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday, citing televised statements by the group\u2019s leader Abdul Malik Al-Houthi. \u201cOur main battle is to prevent ships linked to the Israeli enemy from passing through not only the Arabian Sea, the Red Sea and the Gulf of Aden, but also the Indian Ocean towards the Cape of Good Hope,\u201d Al-Houthi said.<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>Houthis may also be testing out hypersonic missiles,<\/strong> a Houthi source reportedly told Russian state-news agency <a target=\"_blank\" href=\"https:\/\/ria.ru\/20240314\/khusity-1932840663.html\" style=\"\" rel=\"noopener\">RIA Novosti<\/a> on Thursday. The missiles can achieve speeds that are up to eight times the speed of sound, and will be manufactured in Yemen for use against targets in the Arabian Sea, the Gulf of Aden, and Israel, the source reportedly said. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>Africa is missing out on windfall gains from rerouted journeys:<\/strong> The continent\u2019s outdated and inefficient port infrastructure is preventing it from fully exploiting a surge in traffic on the back of reroutes due to Red Sea disruptions, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-14\/inept-african-ports-miss-chance-as-red-sea-attacks-reroute-ships\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Thursday citing logistics experts. Turmoil in the Red Sea has seen an 85% boost in vessels sailing around the Cape of Good Hope since Houthi-led attacks began in mid-December last year, with ports in South Africa, Madagascar, Mauritius, and Namibia standing as the principal beneficiaries of the surge in volumes, the outlet said citing manufacturing and logistics company Fictiv. \u201cHowever, most ports in Africa are inefficient and not in the best condition to be able to fully realize all the benefits,\u201d Fictiv\u2019s head of logistics Vinny Licata said. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>South African ports are particularly bad: <\/strong>Equipment failures, staff shortages, and other shortcomings at the country\u2019s maritime hubs mean that they can\u2019t meet the surge in demand for services, seeing carriers pass them over as restocking and refueling points, Bloomberg also said. The lack of preparedness of South Africa\u2019s ports has come to the benefit of ports in Madagascar, Namibia, and Mauritius, which also lie along reroutes, Freight Right Global Logistics Founder and CEO Robert Khachatryan told the outlet. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>IN OTHER DISRUPTION NEWS- <\/strong><\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>The Indian Navy has recaptured a Maltese-flagged bulk cargo vessel, <\/strong>dubbed Ruen, that was hijacked by Somali pirates last year, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/indian-navy-thwarts-somali-pirates-using-cargo-ship-ruen-ani-reports-2024-03-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Saturday citing an Indian navy spokesperson. The operation saw navy commandos storm the ship, resulting in the surrender of all 35 pirates aboard and the rescue of 17 crew members. The Ruen is speculated to have been used as a base for the piracy operation that saw a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/0632c89d-75c0-43db-b270-ceaa1391716b\/today:-dp-world-expands-global-freight-forwarding-%2B-wants-more-paperless-trade\" style=\"\" rel=\"noopener\">Bangladesh-flagged<\/a> cargo vessel hijacked off of Somalia\u2019s coast last week, the newswire said citing the European Union naval force.<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>Trading houses <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.trafigura.com\/\" style=\"\" rel=\"noopener\">Trafigura<\/a><\/strong><strong> and <\/strong><strong><a target=\"_blank\" href=\"https:\/\/mercuria.com\/\" style=\"\" rel=\"noopener\">Mercuria<\/a><\/strong><strong> have shut down their main bunkering <\/strong><strong>operations in South Africa amid a tax dispute with South African authorities<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/africa\/trafigura-mercuria-switch-bunkering-mauritius-amid-attacks-tax-dispute-sources-2024-03-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week, citing sources with knowledge of the matter. South Africa has halted offshore refueling operations run by oil giant BP, Mercuria's Minerva Bunkering, and Trafigura's Heron Marine, while also detaining vessels pending an audit, the newswire said. This has led vessels sailing around the Cape of Good Hope to turn instead to Mauritius or Namibia for bunkering services, with Trafigura and Minerva partnering with entities in Mauritius to establish their services there, the newswire wrote.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/bunkering\/\">bunkering<\/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\/houthi\/\">Houthi<\/a>\n                <!-- <span 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class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"77425\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/ksas-public-investment-fund-is-reportedly-in-talks-to-acquire-saudia\/\">\r\n                            KSA\u2019s Public Investment Fund is reportedly in talks to acquire Saudia                        <\/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\" 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   <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/ksas-public-investment-fund-is-reportedly-in-talks-to-acquire-saudia\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1468.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77426\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/ksas-public-investment-fund-is-reportedly-in-talks-to-acquire-saudia\/1468-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1468.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1468.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1468.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1468.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77425\" class=\"content-area-description single-story post-77425 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-aviation tag-ma-watch tag-pif tag-saudi-arabia 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\/3\/.3428827c-1f43-4c68-a239-b69175113d55.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong><\/strong><strong>PIF eyes <\/strong><strong>Saudia<\/strong><strong> acquisition:<\/strong> Saudi Arabia\u2019s sovereign wealth fund Public Investment Fund (PIF) is reportedly in early talks to acquire the kingdom\u2019s national carrier <a target=\"_blank\" href=\"https:\/\/www.saudia.com\/pages\/travel-with-saudia\/book-with-us\/offers-and-featured-destinations\/offers-and-campaigns\/foundation-day-2024-gcc?sc_lang=en&gad_source=1&gclid=Cj0KCQjwqdqvBhCPARIsANrmZhN4bCYa9NROqymoyfsTz4md3oHqTHQlmc4thCFLLa-uEuMt4bCS7QIaApzoEALw_wcB\" style=\"\" rel=\"noopener\">Saudia<\/a> as soon as next year to add it to its aviation assets portfolio, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-17\/saudi-wealth-fund-said-to-be-in-talks-to-buy-national-airline\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing sources with knowledge of the matter. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>What we know: <\/strong>The ownership of the flagship airliner would be taken over by PIF from the government with the intention of improving its efficiency and net income, the sources said. The flagship carrier could be either privatized or merged with <a target=\"_blank\" href=\"https:\/\/www.riyadhair.com\/\" style=\"\" rel=\"noopener\">Riyadh Air<\/a> \u2014 a second flagship carrier being set up by PIF, they added.<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>Details are scant:<\/strong> There is no clarity as to how Saudia would be valued by PIF, which has received government-owned assets at no payment in the past as an intermediary step towards their privatization, Bloomberg said. There are also no firm decisions as of yet, with talks still at an early stage, and it is possible that the initiative may be put off or canceled altogether, sources told the outlet. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>The PIF wants Riyadh Air to be the Gulf airlines boss: <\/strong>The sovereign wealth fund launched Riyadh Air in <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/w1868367\" style=\"\" rel=\"noopener\">March last year<\/a> as it looks to challenge its regional rivals Emirates and Qatar Airways. It is set to kick off its operations next year and has a target of operating flights between 100 destinations by 2030. Saudia will also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b8a916d0-87ca-4a28-8726-543ac095fd3c\/today:-israel-accuses-houthis-of-seizing-british-owned-cargo-ship-in-the-red-sea-%2B%253cmark%253e-saudia-%253c%2Fmark%253ewill-leave-riyadh-in-2030-as-riyadh-air-takes-charge\" style=\"\" rel=\"noopener\">bid adieu<\/a> to capital Riyadh by 2030 to make way for Riyadh Air and will instead shift its focus towards operations in Jeddah\u2019s King Abdulaziz International Airport.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/pif\/\">PIF<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77427\" 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=\"77427\">\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\">Aviation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/qatar-airways-shops-around-for-a-new-order-of-up-to-150-widebody-jets\/\">\r\n                            Qatar Airways shops around for a new order of up to 150 widebody jets                        <\/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\/03\/18\/qatar-airways-shops-around-for-a-new-order-of-up-to-150-widebody-jets\/\" 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\/03\/18\/qatar-airways-shops-around-for-a-new-order-of-up-to-150-widebody-jets\/')\">\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\/03\/18\/qatar-airways-shops-around-for-a-new-order-of-up-to-150-widebody-jets\/\">\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=Qatar Airways shops around for a new order of up to 150 widebody jets&url=https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/qatar-airways-shops-around-for-a-new-order-of-up-to-150-widebody-jets\/\">\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\/03\/18\/qatar-airways-shops-around-for-a-new-order-of-up-to-150-widebody-jets\/&title=Qatar Airways shops around for a new order of up to 150 widebody jets\">\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=Qatar+Airways+shops+around+for+a+new+order+of+up+to+150+widebody+jets+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F03%2F18%2Fqatar-airways-shops-around-for-a-new-order-of-up-to-150-widebody-jets%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\/03\/18\/qatar-airways-shops-around-for-a-new-order-of-up-to-150-widebody-jets\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1424.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77428\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/qatar-airways-shops-around-for-a-new-order-of-up-to-150-widebody-jets\/1424-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1424.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1424.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1424.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1424.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77427\" class=\"content-area-description single-story post-77427 post type-post status-publish format-standard has-post-thumbnail hentry category-aviation tag-airbus tag-aviation tag-boeing tag-qatar-airways 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\/3\/.fe23b8c2-475d-43ab-9fef-f73d2a2c42f5.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong><a target=\"_blank\" href=\"https:\/\/www.qatarairways.com\/en-eg\/homepage.html?CID=SXEG23457392M&account=Google-AFRICA-EG-EN-Brand&campaign=EG-Brand-Hero-EN_exact&adgroup=qatar+airways&term=qatar+airways&&&&&gad_source=1&gclid=EAIaIQobChMIzfzPyob7hAMVDjoGAB2-YgCqEAAYASAAEgJtHPD_BwE&gclsrc=aw.ds\" style=\"\" rel=\"noopener\">Qatar Airways<\/a><\/strong><strong>has issued a Request for Proposals (RFP) to Airbus and Boeing for a \u201cbig\u201d <\/strong><strong>order for new aircraft<\/strong>, Qatar Airways CEO Badr Al Meer told <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/03\/15\/qatar-airways-to-launch-first-class-as-airline-courts-airbus-and-boeing-for-new-planes.html\" style=\"\" rel=\"noopener\">CNBC<\/a> on Saturday. The upcoming order will likely be composed of 100 to 150 twin-aisle aircraft, most likely involving some mix of Airbus\u2019 A350 and Boeing\u2019s 777X variants, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-15\/qatar-airways-mulls-up-to-150-widebody-order-from-boeing-airbus\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday, citing sources with knowledge of the matter.<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>The move would follow similar steps by other regional airlines:<\/strong> Dubai-based Emirates <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d6a3c498-3013-40f5-a081-47ab9e26fc92\/boeing-scores-big-with-regional-airlines-at-dubai-airshow-%2B-dubai%25e2%2580%2599s-first-unmanned-aerial-vehicle-unveiled\" style=\"\" rel=\"noopener\">ordered 90<\/a> of Boeing's largest aircraft type, the 777X, and an additional five 787s, in a bumper USD 52 bn agreement with Boeing in November last year. That same month saw UAE-based budget carrier Flydubai put in an order for 30 Boeing 787 Dreamliners, while Royal Jordanian, Egypt Air, and Air Maroc also logged smaller orders with Boeing. Turkish Airlines also closed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/08de7bc3-9296-4682-850f-3246f57710e4\/turkish-airlines-expands-its-fleet-by-ordering-220-aircraft-from-airbus\" style=\"\" rel=\"noopener\">220 aircraft order<\/a> with Airbus in December last year, with the transaction\u2019s value reported to be in the tens of bns USD. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>But what about Boeing\u2019s recent string of safety failures? <\/strong>Qatar Airways is 110% confident in Boeing\u2019s ability to make safe planes, Al Meer told CNBC (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=Ef_nS5ZV0Do\" style=\"\" rel=\"noopener\">watch, runtime: 02:41<\/a>), citing the US plane maker's resilience when faced with challenges in the past. Boeing has been under pressure after the US Federal Aviation Administration grounded over 170 Boeing 737 Max 9s following an incident that saw a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ae0169c6-1bc3-4364-b89e-1b0c15230ff5\" style=\"\" rel=\"noopener\">panel blow off mid-flight<\/a> in January. Qatar Airways also seems to have overcome a recent tiff with Airbus, with the carrier returning its full fleet of A350 aircraft to service after <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d8eeb955-a347-41aa-8179-5e5474825af3\/today:-egypt-floats-the-egp,-arcapita-closes-a-sar-1.8-bn-logistics-fund-%2B-houthi-attacks-turn-deadly\" style=\"\" rel=\"noopener\">settling a dispute<\/a> with the European aerospace giant. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/airbus\/\">Airbus<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/boeing\/\">Boeing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar-airways\/\">Qatar Airways<\/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=\"77429 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"77429\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/77429\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77429\" class=\"content-area-description single-story post-77429 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;font-family:\" arial><a href=\"https:\/\/transmar.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77430\" 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=\"77430\">\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\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/dp-worlds-net-income-drops-17-7-in-2023-amid-heightened-costs\/\">\r\n                            DP World\u2019s net income drops 17.7% in 2023 amid heightened costs                        <\/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\/03\/18\/dp-worlds-net-income-drops-17-7-in-2023-amid-heightened-costs\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The company\u2019s top line saw a 6.6% y-o-y boost during the period to USD 18.25 bn, the statement said. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>The story behind the numbers: <\/strong>The company attributed the stronger topline to gains from Drydocks World, full year consolidation benefits on the back of its 2022 <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/news\/releases\/dp-world-to-acquire-imperial\/\" style=\"\" rel=\"noopener\">acquisition<\/a> of Imperial Logistics, as well as like-for-like growth in the outfit\u2019s core ports, terminals, and logistics operations. Meanwhile the decline in net income was mainly attributable to greater finance costs, DP World said. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>The<\/strong><strong> breakdown: <\/strong>The company\u2019s logistics operations where the largest contributor to its topline, and saw a 15.4% y-o-y boost in revenues to USD 7.92 bn, with the full year consolidation of Imperial Logistics\u2019 contribution, and proceeds from land sales at Dubai Maritime City bolstering the unit\u2019s gains. Income from ports and terminals increased 5.1% over the same period to USD 6.4 bn, as a continued focus on high margin cargo improved performance. Meanwhile the company\u2019s marine services division saw a 5.9% decline in performance to USD 3.93 bn, as DP World\u2019s Unifeeder subsidiary saw its returns fall as freight rates normalized. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>Looking ahead: <\/strong>The company is looking to invest some USD 2 bn in capital expenditure this year, with most investments allocated to Jebel Ali in Dubai, London Gateway, Inland logistics (India), Dakar (Senegal), East Java (Indonesia), Callao (Peru), and Jeddah (Saudi Arabia). Despite \u201cresilient\u201d performance in 2023, the outlook remains uncertain, DP World said, citing geopolitical and macroeconomic headwinds. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>Some 2023 high notes: <\/strong>DP World and India\u2019s Deendayal Port Authority <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2edc0560-c47d-4257-b3e8-de249326498f\/dp-world-%2B-india%25e2%2580%2599s-deendayal-port-authority-sign-agreement-to-develop-container-terminal\" style=\"\" rel=\"noopener\">signed a concession agreement<\/a> in late August 2023 for a new USD 510 mega container terminal at Kandla, Gujarat, with similar agreements also signed throughout the year with partners in the Indian subcontinent, Southeast Asia and elsewhere. The company also launched a USD 1.5 bn 10-year denominated <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/0bb5d488-ddc2-466a-b6e8-2e97097c5503\/dp-world-launches-usd-1.5-bn%253cmark%253e-green-sukuk-%253c%2Fmark%253eto-solid-demand\" style=\"\" rel=\"noopener\">green sukuk issuance<\/a> in September 2023, with the move being met with strong demand. DP World also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/687e2dfd-cceb-436d-b640-e4f99947cc1b\/rsa-cold-chain-%2B%253cmark%253e-dp-world-%253c%2Fmark%253eto-develop-a-100k-sqm-cold-chain-facility-in-jafza\" style=\"\" rel=\"noopener\">inked a lease agreement<\/a> with RSA Cold Chain for a 100k sqm cold chain facility at DP World\u2019s Jebel Ali Freezone in December.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/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=\"77432\" 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=\"77432\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/uae-hungary-ink-agreement-to-boost-non-oil-trade\/\">\r\n                            UAE + Hungary ink agreement to boost non-oil trade                        <\/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\/03\/18\/uae-hungary-ink-agreement-to-boost-non-oil-trade\/\" 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\/03\/18\/uae-hungary-ink-agreement-to-boost-non-oil-trade\/')\">\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\/03\/18\/uae-hungary-ink-agreement-to-boost-non-oil-trade\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=UAE + Hungary ink agreement to boost non-oil trade&url=https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/uae-hungary-ink-agreement-to-boost-non-oil-trade\/\">\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\/03\/18\/uae-hungary-ink-agreement-to-boost-non-oil-trade\/&title=UAE + Hungary ink agreement to boost non-oil trade\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=UAE+%2B+Hungary+ink+agreement+to+boost+non-oil+trade+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F03%2F18%2Fuae-hungary-ink-agreement-to-boost-non-oil-trade%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\/03\/18\/uae-hungary-ink-agreement-to-boost-non-oil-trade\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1453.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77433\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/uae-hungary-ink-agreement-to-boost-non-oil-trade\/1453-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1453.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1453.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1453.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1453.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77432\" class=\"content-area-description single-story post-77432 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-trade tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.e1565d43-7de5-4f1a-9bf2-9b1769e75b1f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>UAE + Hungary ink economic agreement: <\/strong>UAE Foreign Trade Minister Thani bin Ahmed Al Zeyoudi and his Hungarian counterpart P\u00e9ter Szijj\u00e1rt\u00f3 signed an agreement to boost economic ties, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b251tqh-uae-hungary-sign-economic-cooperation-agreement\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Thursday. The agreement aims to bolster growth in key sectors including investment and infrastructure as well as enhance bilateral non-oil trade and establish a trade committee to facilitate economic engagement. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";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>Iran + US talks limited to sanctions relief:<\/strong>An informed source has said that recent indirect talks between the US and Iran are limited to discussion on the lifting of sanctions, and have not handled the Red Sea crisis. (<a target=\"_blank\" href=\"https:\/\/en.irna.ir\/news\/85418518\/Iran-US-indirect-talks-limited-to-lifting-of-sanctions\" style=\"\" rel=\"noopener\">IRNA<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77434\" 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=\"77434\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/egypt-signs-up-for-more-grain-silos-schneider-electric-datavolt-ink-partnership-on-sustainability-at-data-centers-bollhoff-enters-morocco\/\">\r\n                            Egypt signs up for more grain silos, Schneider Electric + Datavolt ink partnership on sustainability at data centers, B\u00f6llhoff enters Morocco                        <\/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\/03\/18\/egypt-signs-up-for-more-grain-silos-schneider-electric-datavolt-ink-partnership-on-sustainability-at-data-centers-bollhoff-enters-morocco\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" 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    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/egypt-signs-up-for-more-grain-silos-schneider-electric-datavolt-ink-partnership-on-sustainability-at-data-centers-bollhoff-enters-morocco\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1530.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77435\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/03\/18\/egypt-signs-up-for-more-grain-silos-schneider-electric-datavolt-ink-partnership-on-sustainability-at-data-centers-bollhoff-enters-morocco\/1530-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1530.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1530.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1530.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1530.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77434\" class=\"content-area-description single-story post-77434 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-data-centers tag-egypt tag-morocco tag-saudi-arabia tag-storage-warehouses wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.38248472-2741-4243-b5e3-9613c0c0d4b8.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\">\n<p class=\"tag-border-left\">STORAGE + WAREHOUSES-<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>Egypt\u2019s Supply and Internal Trade Ministry has inked a USD 56 mn agreement with <\/strong><strong>the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.afd.fr\/en\" style=\"\" rel=\"noopener\">French Development Agency<\/a><\/strong><strong>to develop six grain silos<\/strong><strong> in six governorates<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0243hR8BbSgvAEcHfnvPNZbi9E2TQTbe22HuNeKVRqohibHrgr5QTRWHFfxzyjZah5l?locale=ar_AR\" style=\"\" rel=\"noopener\">statement<\/a>. The grain silos will have a total storage capacity of 420k tonnes. The project will also involve providing state-of-the-art technology to digitally link trade between governorates to facilitate follow-up, monitoring, and distribution. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\">\n<p class=\"tag-border-left\">DATA CENTERS-<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong><a target=\"_blank\" href=\"https:\/\/www.se.com\/ww\/en\/\" style=\"\" rel=\"noopener\">Schneider Electric<\/a><\/strong><strong> and Saudi tech company <\/strong><strong><a target=\"_blank\" href=\"https:\/\/data-volt.com\/\" style=\"\" rel=\"noopener\">DataVolt<\/a><\/strong><strong> have signed an agreement to <\/strong><strong>partner on <\/strong><strong>data center sustainability and innovation<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/schneider-electric-and-datavolt-announce-collaboration-u0yj32r9\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The partnership will involve exploring joint initiatives within DataVolt\u2019s sustainability strategy and decarbonization roadmap, as well as advanced digital infrastructure and energy management solutions for hyperscale data centers in KSA. Schneider will also support DataVolt by contributing to a more sustainable data center industry in KSA, develop future-proof data centers that meet ever-growing demand for hyperscale computing power, and optimize energy usage while minimizing operational costs for the data centers, the release said.<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\">\n<p class=\"tag-border-left\">ZONES-<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>B\u00f6llhoff expands into Morocco:<\/strong>German industrial giant <a target=\"_blank\" href=\"https:\/\/www.boellhoff.com\/de-en\/\" style=\"\" rel=\"noopener\">B\u00f6llhoff<\/a> plans to expand its industrial activities in Morocco over the next five years after inking a partnership agreement with Moroccan integrated industrial platform <a target=\"_blank\" href=\"https:\/\/www.midparc.com\/\" style=\"\" rel=\"noopener\">Midparc<\/a>, <a target=\"_blank\" href=\"https:\/\/www.mapnews.ma\/ar\/actualites\/%D8%A5%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\/%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D8%A7%D9%84%D8%AA%D9%88%D9%82%D9%8A%D8%B9-%D8%B9%D9%84%D9%89-%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A9-%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D9%84%D8%AA%D9%88%D8%B7%D9%8A%D9%86-%D9%85%D8%AC%D9%85%D9%88%D8%B9%D8%A9-%D8%A8%D9%88%D9%84%D9%87%D9%88%D9%81-%D8%A8%D8%A7%D9%84%D9%85%D8%BA%D8%B1%D8%A8\" style=\"\" rel=\"noopener\">MAP<\/a> reported last week. This is the first time a German investor specializing in assembly technologies and logistics solutions has set up shop in the kingdom, Industry and Commerce Minister Ryad Mezzour said. B\u00f6llhoff is the latest in a wave of international companies settling into Midparc, including Spanish aerospace company Aciturri, aircraft manufacturer Boeing and Stelia Maroc. <\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";line-height:1.15;orphans:2;widows:2;text-align:left\"=\"\"><strong>ICYMI-<\/strong> Morocco\u2019s Midparc aviation cluster <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/acb394df-4c98-4aa7-b06a-4ded4eea003b\" style=\"\" rel=\"noopener\">inked an agreement<\/a> last week with Canada-based aerospace parts subcontractor <a target=\"_blank\" href=\"https:\/\/shimco.com\/\" style=\"\" rel=\"noopener\">Shimco<\/a> to establish a 1.3k sqm facility at the Nouaceur freezone.<\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";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><a target=\"_blank\" href=\"https:\/\/www.qatarairways.com\/en-eg\/homepage.html?CID=SXEG23457392M&account=Google-AFRICA-EG-EN-Brand&campaign=EG-Brand-Hero-EN_exact&adgroup=qatar+airways&term=qatar+airways&&&&&gad_source=1&gclid=EAIaIQobChMIvNLqn8PzhAMV651oCR0N8gPSEAAYASAAEgIfS_D_BwE&gclsrc=aw.ds\" style=\"\" rel=\"noopener\">Qatar Airways<\/a><\/strong><strong> + <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.aerlingus.com\/html\/en-GB\/home.html\" style=\"\" rel=\"noopener\">Aer Lingus<\/a><\/strong><strong> enter codeshare partner<\/strong><strong>ship:<\/strong> Qatar Airways and Aer Lingus have launched a codeshare partnership to expand their customers' access to new destinations and connect the two airlines\u2019 flights through Dublin, London, and Manchester. (<a target=\"_blank\" href=\"https:\/\/www.qatarairways.com\/press-releases\/en-WW\/235664-qatar-airways-and-aer-lingus-launch-new-codeshare-partnership\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>DP World launching MoorMaster<\/strong><strong> in Chile port:<\/strong><a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/\" style=\"\" rel=\"noopener\">DP World<\/a> is set to launch in the first half of 2024 its state-of-the-art automated ship mooring system MoorMaster NxG in Chile\u2019s San Antonio terminal. (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:7172969722169151488\/\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Saudia Cargo partners with RTS:<\/strong><a target=\"_blank\" href=\"https:\/\/saudiacargo.com\/\" style=\"\" rel=\"noopener\">Saudia Cargo<\/a> has implemented revenue management solution Velocity, pricing solution AcceleRate, and revenue planning solution Foresight from <a target=\"_blank\" href=\"https:\/\/www.rtscorp.com\/\" style=\"\" rel=\"noopener\">Revenue Technology Services<\/a> (RTS). (<a target=\"_blank\" href=\"https:\/\/www.rtscorp.com\/resources\/news-and-press-releases\/\" style=\"\" rel=\"noopener\">Press release)<\/a> <\/li>\n<li><strong>CMA CGM Group unveils loyalty programme: <\/strong>French shipping and logistics giant <a target=\"_blank\" href=\"https:\/\/www.cma-cgm.com\/\" style=\"\" rel=\"noopener\">CMA CGM Group<\/a> has launched SEA REWARD, a loyalty program that aims to \u201credefine customer experience in the shipping industry.\u201d (<a target=\"_blank\" href=\"https:\/\/www.cma-cgm.com\/news\/4641\/launch-of-sea-reward-loyalty-program-powered-by-spoton\" style=\"\" rel=\"noopener\">Press Release<\/a>)<\/li>\n<li><strong>Air Arabia flies to Basra<\/strong><strong>:<\/strong> UAE budget airline Air Arabia is launching three weekly direct flights from Sharjah International Airport to Iraq\u2019s Basra International Airport starting 3 June 2024. (<a target=\"_blank\" href=\"https:\/\/press.airarabia.com\/air-arabia-launches-new-direct-flights-to-basra-in-iraq\/\" style=\"\" rel=\"noopener\">Press release<\/a>)<\/li>\n<li><strong>C<\/strong><strong>omprehensive banking system<\/strong><strong> introduced at <\/strong><strong>Iraqi ports<\/strong><strong>:<\/strong> Iraq has launched a comprehensive banking system at its sea, air, and land border ports as part of efforts to automate ports and customs operations. (<a target=\"_blank\" href=\"https:\/\/ina.iq\/eng\/31824-pms-advisor-highlights-the-significance-of-setting-up-a-comprehensive-banking-system-at-ports.html\" style=\"\" rel=\"noopener\">INA<\/a>)<\/li>\n<li><strong>Menzies steps into the Netherlands:<\/strong> Following a two-decade collaboration with Shell Aviation in the UK, <a target=\"_blank\" href=\"https:\/\/menziesaviation.com\/\" style=\"\" rel=\"noopener\">Menzies Aviation<\/a> \u2019s fuels team is now expanding to the Netherlands with into-plane fuelling (ITP) at Eindhoven, Rotterdam, the Hague, Maastricht, and Lelystad airports. (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/menzies-aviation_menziesaviation-peoplepassionpride-fuelling-activity-7174372191436701697-Enav\/?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/data-centers\/\">DATA CENTERS<\/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\/morocco\/\">Morocco<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77436\" 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\/03\/18\/77436\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77436\" class=\"content-area-description single-story post-77436 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;font-family:\" arial\";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;font-family:\" arial\";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;font-family:\" arial\";\"=\"\"> in Iran.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:700;font-family:\" arial\";\"=\"\">APRIL <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span>24 April- 1 May ( Wednesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mediaoffice.abudhabi\/en\/topic\/abu-dhabi-mobility-week\/\" style=\"\">Abu Dhabi Mobility Week<\/a><\/span><span style=\"font-weight:400;font-family:\" arial\";\"=\"\">, Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span>24 April- 26 April (Wednesday-Friday):  <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.irna.ir\/news\/85413518\/Tehran-to-host-second-Iran-Africa-summit-in-April\" style=\"\">The second Iran-Africa International Summit<\/a><\/span><span style=\"font-weight:400;font-family:\" arial\";\"=\"\">, Tehran, Iran.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, Tehran International Permanent Fairground, Iran.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, Doha, Qatar.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">. Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:700;font-family:\" arial\";\"=\"\">MAY <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, Hotel President Wilson, Geneva, Switzerland.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\"> (GOL), Marrakesh, Morocco.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, University of Sousse, Tunisia, Tunis.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, Dubai World Trade Centre, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, DWTC, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\"> (EVIS), Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:700;font-family:\" arial\";\"=\"\">JUNE <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, Bari, Italy.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:700;font-family:\" arial\";\"=\"\">OCTOBER <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, Bahrain.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span>8-10 O<\/span><span>ctober (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/b25n998-under-patronage-mansour-bin-zayed-inaugural-global\" style=\"\">The Global Rail Transport Infrastructure Exhibition and<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wam.ae\/en\/article\/b25n998-under-patronage-mansour-bin-zayed-inaugural-global\" style=\"\">Conference<\/a><\/span><span style=\"font-weight:400;font-family:\" arial\";\"=\"\">(Global Rail), Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\"> London, UK. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, Johor, Malaysia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:700;font-family:\" arial\";\"=\"\">NOVEMBER <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">, Sakhir Airbase, Bahrain.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:700;font-family:\" arial\";\"=\"\">DECEMBER <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:400;font-family:\" arial\";\"=\"\">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;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:400;font-family:\" arial\";\"=\"\">20 December (Wednesday): The 5th Iran-Senegal Joint Economic Cooperation Commission, Dakar, Senegal.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:700;font-family:\" arial\";\"=\"\">EVENTS WITH NO SET DATE<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\"> 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;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:400;font-family:\" arial\";\"=\"\">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;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\"> initial and commercial operation.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:400;font-family:\" arial\";\"=\"\">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;font-family:\" arial\";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:\/\/mediaoffice.ae\/en\/news\/2024\/February\/27-02\/DCC-partners-with-Worldef-International\" style=\"\">The Cross-Border Digital Trade Forum<\/a><\/span><span style=\"font-weight:400;font-family:\" arial\";\"=\"\">, Dubai. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:700;font-family:\" arial\";\"=\"\">2025<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";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;font-family:\" arial\";\"=\"\"> 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;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:400;font-family:\" arial\";\"=\"\">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;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:400;font-family:\" arial\";\"=\"\">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;font-family:\" arial\";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;font-family:\" arial\";\"=\"\"> 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;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:400;font-family:\" arial\";\"=\"\">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;font-family:\" arial\";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;font-family:\" arial\";\"=\"\">of Jafza Logistics Park to be completed.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:700;font-family:\" arial\";\"=\"\">2027<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;font-family:\" arial\";margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"=\"\"><span style=\"font-weight:400;font-family:\" arial\";\"=\"\">4Q 2027: Oman\u2019s Musandam Airport construction to be completed.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>DP World set to develop a South Korean logistics center | Houthis set their sights on shipping diversions | PIF wants to snap up Saudia?<\/p>\n","protected":false},"featured_media":77416,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-77415","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"df3f1652-e2a1-407f-9c16-1ce6004f69c9","teaser":"DP World set to develop a South Korean logistics center | Houthis set their sights on shipping diversions | PIF wants to snap up Saudia?","photo_url":"https:\/\/ent.news\/2024\/1\/1208.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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