{"id":77676,"date":"2024-04-01T00:00:00","date_gmt":"2024-04-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=77676"},"modified":"2025-12-15T14:24:54","modified_gmt":"2025-12-15T14:24:54","slug":"adib-extends-usd-235-mn-to-al-seer-marine-bgn-to-finance-vlgcs","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/adib-extends-usd-235-mn-to-al-seer-marine-bgn-to-finance-vlgcs\/","title":{"rendered":"ADIB extends USD 235 mn to Al Seer Marine + BGN to finance VLGCs"},"content":{"rendered":"<section id=\"77678\" 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=\"77678\">\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\/04\/01\/today-al-seer-marine-bgn-secure-financing-for-vlgcs-agility-plans-to-list-subsidiary-on-adx\/\">\r\n                            TODAY: Al Seer Marine + BGN secure financing for VLGCs + Agility plans to list subsidiary on ADX                        <\/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\/04\/01\/today-al-seer-marine-bgn-secure-financing-for-vlgcs-agility-plans-to-list-subsidiary-on-adx\/\" 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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There\u2019s some finance updates coming in from the UAE and Tunisia, along with a potential IPO hitting the ADX courtesy of Agility. Across the pond, only one story is still making waves\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt4\"><\/a>THE BIG LOGISTICS STORY OUTSIDE THE REGION- Baltimore continues to dominate the <\/strong><strong>news cycle: <\/strong>Salvage crews lifted the first piece of the collapsed Baltimore Francis Scott Key Bridge on Saturday allowing tugboats and barges entry to the Port of Baltimore after a Maersk-chartered container ship collided <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ddf16267-4d61-4596-8947-960045d0d02c\/today:-more-americas-expansion-for-dp-world-%2B-baltimore-bridge-collapses\" style=\"\" rel=\"noopener\">with the bridge last Tuesday<\/a> causing fatalities. A timeline for clearance work to remove a section of the bridge's steel to make room for a restricted channel to let other vessels move around the site will take some days, Maryland Governor Wes Moore said. The US government has awarded an initial UDS 60 mn in emergency funds to clear debris, and for the rebuilding of the bridge on Thursday. It is still deemed \u201ctoo soon to be certain,\u201d for how long it could take to reopen the port and restore the highway bridge over the Patapsco river.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Port of Baltimore could take some <\/strong><strong>six weeks to reopen<\/strong><strong> with the automotive and engineering manufacturing sectors being impacted the most,<\/strong> DHL president of transportation Jim Monkmeyer told Bloomberg on Wednesday. Congestion in the East Coast ports is expected to increase in Norfolk, Virginia, and New York-New Jersey, with Norfolk particularly as it is the easiest to get to. The collapse could cost ins.\u2019rs USD bns in claims \u2014- up to some USD 4 bn, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/insurers-brace-multi-billion-dollar-losses-after-baltimore-ship-tragedy-2024-03-27\/\" style=\"\" rel=\"noopener\">analysts say<\/a>, depending on the length, blockage, and nature of the business interruption. Closure of the port for a month could lead to some USD 28 mn in losses according to economic software IMPLAN\u2019s analysis.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shipping giant Mediterranean Shipping Company (MSC) is <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/03\/28\/worlds-biggest-shipping-firm-dumps-port-cargo-problem-on-us-companies.html\" style=\"\" rel=\"noopener\">diverting containers<\/a><\/strong><strong> boun<\/strong><strong>d for <\/strong><strong>Baltimore to alternative ports<\/strong>, saying the \u201cpassage to and from Baltimore is impossible.\u201d Other carriers including CMA CGM, Cosco, and Evergreen have also carried out similar moves, in some cases declaring force majeure clauses. The diversions are adding some five days to delivery times on ground modes of transport. The ports of New York and New Jersey are working with industry partners to ensure supply chain continuity in the East Coast, and truckers are also anticipated to take loads in and out of the region at elevated prices.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Supply chains will adjust<\/strong>, S&amp;P Global Market Intelligence Peter Tirschwell told CNBC on Thursday (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/video\/2024\/03\/28\/sp-global-market-intelligence-discusses-baltimore-bridge-collapse.html\" style=\"\" rel=\"noopener\">watch, runtime: 3:35<\/a>), with the overall impact to supply chains and trade flows being \u201cfairly minimal.\u201d Baltimore is close to several other ports, all of which saw declines in volume last year, indicating there is capacity available. Although the port of Baltimore is a large hub for the automotive sector, LNG, and coal, it is not the only port that handles these cargoes, Tirschwell commented. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story continued to grab a lot of ink in the international press: <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/salvage-crews-lift-first-piece-collapsed-baltimore-bridge-2024-03-30\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/baltimore-key-bridge-collapse-what-to-know-127d6ae38d63561ca4c1f18b3d508ba6\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/6cea683f-dab9-4bf6-a527-c8366134adf9\" style=\"\" rel=\"noopener\">The Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/03\/29\/us\/politics\/biden-baltimore-bridge-collapse.html\" style=\"\" rel=\"noopener\">The New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-28\/us-provides-60-million-in-emergency-funds-for-baltimore-bridge\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/03\/26\/baltimore-bridge-collapse-us-economy-will-feel-minimal-impact.html\" style=\"\" rel=\"noopener\">CNBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/bridge-collapse-sends-exporters-retailers-moving-to-contain-business-fallout-719734a2\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/dc-md-va\/2024\/03\/26\/baltimore-key-bridge-collapse-maryland\/\" style=\"\" rel=\"noopener\">The Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnn.com\/2024\/03\/31\/us\/francis-scott-key-bridge-collapse-sunday\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.co.uk\/news\/live\/world-us-canada-68671103\" style=\"\" rel=\"noopener\">BBC<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">#1- <strong>New rules for online delivery services are going into effect across Saudi Arabia today. <\/strong>The regulations from the Transport General Authority (TGA) require a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/a9dbb4a8-e2c5-48e2-af31-33692540905b\" style=\"\" rel=\"noopener\">gradual phaseout<\/a> of self-employment for non-Saudis at online delivery services. Only citizens will be allowed to work as self-employed couriers. Non-Saudi drivers have 14 months to find work with light transport firms and other delivery providers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Temporary road closure in Abu Dhabi:<\/strong> Abu Dhabi\u2019s Maitha Bint Mohammed Al Ain Street is partially closed until 21 April, the Integrated Transport Center (ITC) <a target=\"_blank\" href=\"https:\/\/twitter.com\/ITCAbuDhabi\/status\/1773733451121746062\/photo\/1\" style=\"\" rel=\"noopener\">said on X<\/a> last Friday.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>#1- <\/strong><strong>QatarEnergy has finalized a charter contract for 19 LNG vessels with several Asian <\/strong><strong>ship owners<\/strong><strong> in a move to boost its LNG output<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/qatarenergy-charter-19-lng-more-vessels-expanding-fleet-further-2024-03-31\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The firm has inked contracts to charter six vessels from CMES LNG Carrier Investment, six vessels from Shandong Marine Energy, and three vessels from MISC Berhad. Four vessels will also be operated by a JV between Kawasaki Kisen Kaisha and Hyundai Glovis. QatarEnergy inked a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d055ff01-c152-418a-9736-96228dacd86a\/qatarenergy-%2B-nakilat-ink-charter-agreement,-dammam-port-gets-a-new-weekly-service,-egypt-eyes-agency-to-guarantee-exports-to-fragile-states\" style=\"\" rel=\"noopener\">time-charter party agreement<\/a> with Qatar Gas Transport Company Limited (Nakilat) last month for the operation of 25 conventional size LNG vessels as part of the second ship-owner tender under QatarEnergy\u2019s LNG Fleet Expansion program.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Riyadh Air <\/strong><strong>will take delivery of its first aircraft in 1Q 2025 and will launch commercial <\/strong><strong>operations in the first half of 2025<\/strong>, Osama Al-Nuwaiser, vice-president of marketing and corporate communications told <a target=\"_blank\" href=\"https:\/\/www.aleqt.com\/2024\/03\/28\/article_2713256.html\" style=\"\" rel=\"noopener\">Aleqtisadiah<\/a> on Thursday. Some 39 787-9 Dreamliners \u2014 out of 72 ordered \u2014 will be delivered next year, Al-Nuwaiser added. The airline, a unit of the Public Investment Fund, will unveil its list of destinations in the first half of 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>The PIF\u2019s flagship carrier has a target of serving 100 destinations by 2030. PIF is said to be looking to acquire 100% of Saudia, the current national flag carrier, raising <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/df88bd9a-823b-4c1b-9812-5d06d494b498\/ksa%25e2%2580%2599s-public-investment-fund-is-reportedly-in-talks-to-acquire-saudia\" style=\"\" rel=\"noopener\">the possibility of a merger<\/a> with Riyadh Air.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER KSA AVIATION NEWS-<\/strong>The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/e3dca1d5-4e29-46a6-8905-947ef8edcd2e\/hyundai-motor-group-is-bringing-self-driving-vehicles-to-rsg-resorts\" style=\"\" rel=\"noopener\">first international flight<\/a> into Red Sea International Airport (RSI) will touch down next month. Operated by Flydubai, the Thursday, 18 April, landing will be the first on a new twice-weekly route linking Dubai International (DXB) to RSI, according to a <a target=\"_blank\" href=\"https:\/\/www.redseaglobal.com\/en\/-\/red-sea-international-airport-soars-with-first-overseas-flights\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. State-owned airline Saudia has been running domestic flights to RSI since September 2023. \u201cRSI will serve 1 mn guests a year at full capacity,\u201d said RSG CEO, John Pagano.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Egypt to restart LNG exports imports starting next month? <\/strong>The Madbouly government is reportedly considering buying LNG from outside the country to hedge against potential energy shortages ahead of the summer season after having just <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/92d64315-b5aa-4c9c-8409-26fbcabc9029\/egypt-to-resume-lng-exports-in-january\" style=\"\" rel=\"noopener\">restarted<\/a> exports \u2014 albeit in much reduced quantities \u2014 this winter, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-28\/egypt-mulls-lng-imports-to-avoid-shortages-during-summer-heat\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Thursday, citing sources with knowledge of the matter. Inquiries have reportedly been made to launch deliveries starting next month through the summer using Jordan\u2019s LNG import terminal in Aqaba, with plans to eventually have its own terminal.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This wasn\u2019t the plan:<\/strong> After becoming a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b05357d8-d636-4372-a069-cf77d948b1e7\/egypt%25e2%2580%2599s-lng-exports-are-maxed-out\" style=\"\" rel=\"noopener\">net exporter<\/a> of LNG in 2018, Egypt has been trying to position itself an important LNG exporter to Europe and to fully utilize the 12 mn tons a year capacity from its two liquefaction plants in Damietta and Idku. However, a fall in domestic gas production and a rise in domestic demand coupled with an unusually hot summer and Israel temporarily halting gas supplies has derailed its plans. LNG exports <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fa251d63-f340-4886-b43d-3c792acc96a5\/shin-bet-head-in-cairo\" style=\"\" rel=\"noopener\">dropped 52% y-o-y<\/a> to 3.52 mn tons in 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Roboost wants to step foot in the Gulf: <\/strong>AI-powered logistics startup Roboost is looking to expand into the Saudi and Emirati markets during 2Q 2024, as it looks to expand its footstep across the region, co-founder and CEO Mohamed Gessraha reportedly told <a target=\"_blank\" href=\"https:\/\/tinyurl.com\/mccnmzca\" style=\"\" rel=\"noopener\">Al Mal<\/a> last week. The Egypt-born startup said it had raised USD 3 mn in an investment round led by Jordan-based VC Silicon Badia <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c0ce03d3-1bd0-4239-82b6-368af81e9a69\/egypt%25e2%2580%2599s-logistics-startup%253cmark%253e-roboost-%253c%2Fmark%253ecloses-usd-3-mn-investment-round\" style=\"\" rel=\"noopener\">last January<\/a> and planned to use the funds to to scale up its business \u201cacross the MENA region\u2019s entire delivery market.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#5- The US warns nations against using Iran-Pakistan gas pipeline: <\/strong>Washington does not support efforts to establish an Iran-Pakistan gas pipeline, dubbed Peace Pipeline, and has warned states that trade with Iran risk sanctions, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us-says-it-doesnt-support-pakistan-iran-gas-pipeline-project-going-forward-2024-03-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week, citing US officials. \u201cWe do not support this pipeline going forward,\u201d a US State Department spokesperson said. The pipeline, which looks to move natural gas from Iran to Pakistan, was part of efforts to boost bilateral trade between both countries, but has faced delays and inadequate funding, the newswire said. Pakistan had been trying to obtain a sanctions waiver from the US in order to go ahead with the project, Reuters cited Pakistan\u2019s Petroleum Minister Musadik Malik as saying last week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ON A SIMILAR NOTE<\/strong><strong>- <\/strong><strong>Iraq\u2019s Electricity Ministry has inked a five-year agreement with<\/strong><strong> an Iranian <\/strong><strong>company to supply gas<\/strong>,<strong>&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/ina.iq\/eng\/32005-the-minister-of-electricity-signs-a-five-year-contract-to-supply-gas-with-an-iranian-company.html\" style=\"\" rel=\"noopener\">INA<\/a> reported last week. The contract sees Iraq importing up to 50 mn cubic meters of gas daily, with volumes dependent on Iraq\u2019s electricity production needs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> The US has extended a 120-day waiver allowing Iraq to purchase electricity from Iran, without falling under the purview of US sanctions, continuing a policy it kicked off last year, <a target=\"_blank\" href=\"https:\/\/english.alarabiya.net\/News\/middle-east\/2024\/03\/14\/US-renews-120-day-waiver-for-Iraq-to-pay-Iran-for-electricity\" style=\"\" rel=\"noopener\">Al Arabiya<\/a> reported earlier this month, citing a US State Department spokesperson. Proceeds from the sales can only be used by Iran for \u201cnon-sanctionable transactions,\u201d such as the purchase of food and agricultural products. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN MORE SANCTION NEWS- <\/strong><strong>Russian oil firms are waiting to recoup payments: <\/strong>Russian oil firms are facing delays of up to several months for payments for crude and fuel as Chinese, Turkish and Emirati banks exercise more caution over Russia-related transactions in a bid to avoid <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/86eb2b55-37ee-4f0d-ba2d-1406edbddbb2\" style=\"\" rel=\"noopener\">secondary sanctions<\/a>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/russia-struggles-collect-oil-payments-china-uae-turkey-raise-bank-scrutiny-2024-03-27\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week, citing sources with knowledge of the matter. Banks have boosted checks, requested additional documentations, and trained staff to ensure that transactions were compliant with the G7 mandated price cap, with the additional checks incurring delays of up to two months, the newswire writes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman\u2019s waters are becoming a focal point for ship-to-ship (STS) transfers of <\/strong><strong>Russian crude bound for India<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-27\/oman-becoming-hot-spot-for-ship-to-ship-transfers-of-russian-oil\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week. STS crude transfers are often done to obscure cargo origins, with Oman and Fujairah standing as common sites for transfers in the region, Bloomberg added. India was a major importer of Russian oil, doubling down on discounts after Russia\u2019s invasion of Ukraine, but US sanctions have limited oil trade between Russia and India. The uptick in Russian tankers performing transfers off of Oman\u2019s coast could be indicative of a workaround being pursued by Indian importers, in a bid to have Russian oil cargoes shifted from sanctioned vessels and delivered to their shores aboard compliant tankers, lead crude analyst at Kpler, Viktor Katona, said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- <\/strong><strong>Dubai-based port operator<\/strong><strong> DP World plans to increase its container handling <\/strong><strong>capacity to some 102.6 mn TEUs by <\/strong><strong>year\u2019s end<\/strong>, up from 95 mn TEUs in 2023, via a string of investments across its worldwide asset\u2019s portfolio, <a target=\"_blank\" href=\"https:\/\/www.emaratalyoum.com\/business\/local\/2024-03-27-1.1838779#:~:text=%D9%83%D8%B4%D9%81%D8%AA%20%D9%88%D8%AB%D9%8A%D9%82%D8%A9%20%D8%A3%D9%86%20%D9%85%D8%AC%D9%85%D9%88%D8%B9%D8%A9%20%D9%85%D9%88%D8%A7%D9%86%D8%A6,%D8%A3%D9%88%20%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%87%D8%A7%20%D9%81%D9%8A%20%D8%A3%D8%B3%D9%87%D9%85%20%D8%A7%D9%84%D9%85%D9%84%D9%83%D9%8A%D8%A9.\" style=\"\" rel=\"noopener\">Emirates Today<\/a> reported last week, citing a document it has seen. The firm will add around 1 mn TEUs to its operations in Jeddah, 900k TEU at London Gateway, and 400k TEUs each at South Korea\u2019s Busan Port and India\u2019s Cochin Port. A further 3 mn containers will be added to DP World\u2019s capacity in China, with boosted capacity also rolling out at Egypt\u2019s Ain Sokhna, Tanzania\u2019s Dar es Salaam, Canada\u2019s Vancouver, Peru\u2019s Callao, and Belgium, the report said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#7- The <\/strong><strong>World Trade Organization (WTO) says tariffs on digital products will hit <\/strong><strong>businesses and consumers starting 2026<\/strong>, WTO chief Ngozi Okonjo-Iweala told <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/aea64aa4-fde2-46f3-9376-c56b8e94263b\" style=\"\" rel=\"noopener\">The Financial Times<\/a> last week. A 30-year global tariff exemption on products including online films and software downloads is set to expire in 2026 and would need unanimity among member states to be extended. \u201cI don\u2019t think the membership is prepared to continue arguing over this every couple of years. So they\u2019ve agreed on this date. It sends a signal to businesses on what they need to do,\u201d Okonjo-Iweala told FT.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The current state of affairs:<\/strong> Developing countries including India, Indonesia, Pakistan, and South Africa are pushing against an extension, arguing tax revenue loss as most digital products are imported from richer countries. The EU, China, the US, and the majority of South American nations are among some 80 countries negotiating a voluntary moratorium, the newswire says.<\/p>\n<p class=\"tag-border-left\">DISRUPTION WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>U<\/strong><strong>S Central Command (Centcom) destroyed four long-range unmanned aerial <\/strong><strong>systems (UAS) launc<\/strong><strong>hed by Houthis on Wednesday<\/strong>, Centcom <a target=\"_blank\" href=\"https:\/\/twitter.com\/CENTCOM\/status\/1773123020011303410\" style=\"\" rel=\"noopener\">said on X<\/a> last week. The UAS targeted a US warship, and \u201cpresented an imminent threat\u201d to commercial shipping and US Navy vessels in the region, Centcom said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Houthis could call on help from Iran and Somali pirates to follow through on their <\/strong><strong>threat <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a81c000b-5e00-4f86-8946-587cf5e31e99\/houthis-plan-to-expand-scope-of-attacks-into-the-indian-ocean-to-prevent-cape-of-good-hope-reroutes\" style=\"\" rel=\"noopener\">to extend attacks<\/a><\/strong><strong> to merchant vessels into the Indian Ocean, <\/strong><a target=\"_blank\" href=\"https:\/\/www.spglobal.com\/commodityinsights\/en\/market-insights\/latest-news\/shipping\/032624-houthis-could-partner-with-iran-somali-pirates-on-indian-ocean-attacks\" style=\"\" rel=\"noopener\">S&amp;P Global<\/a> reported last week, citing security specialists. \u201cWe perceive the threats to be credible on the basis that until now, the Houthis have generally followed through on the threats they have issued,\u201d head of maritime security at BIMCO, Jakob Larsen, told the outlet. An expanded Houthi threat area could reach as far south as Tanzania, and stretch eastward well into the Indian Ocean, with some of the group\u2019s drones boasting a 2.5k km range, security firm Ambrey said. Ambrey also adds that the Houthis have long range missiles, but these are unlikely to be equipped with the guidance required to accurately target moving ships, Larsen said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What would a Houthi collaboration with Somali pirates and Iran look like?<\/strong> A recent resurgence of Somali piracy reveals \u201ca high level of coordination between the Houthis and Somali pirates,\u201d Dryad Global analyst Scarlett Suarez said. A partnership could see the Houthis employ Somali pirate vessels as forward bases to conduct attacks by seaborne drones, Ambrey said. Meanwhile, Iran could attack vessels in the Indian Ocean, with the Houthis claiming responsibility for those hits, Ambrey added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>T<\/strong><strong>he West\u2019s mission to <\/strong><strong>protect shipping in the Red Sea has failed to put a stop to <\/strong><strong>Houthi-led attacks<\/strong>,<strong> <\/strong>and trade routes continue to be interrupted, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/features\/2024-03-27\/the-us-no-fail-mission-to-protect-the-red-sea-isn-t-working\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week. Despite some success in degrading Houthi abilities to attack, continued Iranian intelligence and financial backing makes it difficult to predict when attacks will come to a halt, Admiral Marc Miguez, who commands a US Navy carrier strike group patrolling the region, told the outlet. The slowdown in attacks has also done little to allay shippers fears, \u201cIt is either safe for our people or it is not, as long as it is not safe we will not send our people through the Red Sea,\u201d Bloomberg cites Hapag Lloyd CEO Rolf Habben Jansen as saying.<\/p>\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Oil prices s<\/strong><strong>urged by over USD 1 per barrel last Thursday<\/strong> driven by expectations that OPEC+ will uphold production cuts, continued attacks on Russia's energy facilities, and a drop in US rig counts, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/oil-prices-advance-investors-reassess-us-inventories-data-2024-03-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported. Brent crude futures inched up 1.6% to USD 87.48 a barrel, hitting its highest level since 27 October, while US West Texas Intermediate (WTI) futures gained 2.2% to USD 83.17 a barrel. Brent futures for June increased USD 1.58 to USD 87 a barrel. \"We expect US inventories to rise less than normal in reflection of a global oil market in a slight deficit,\" SEB analyst Bjarne Schieldrop told Reuters. \"This will likely hand support to the Brent crude oil price going forward.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OPEC+ members are unlikely to alter output <\/strong><strong>volumes before a June meeting<\/strong>,<strong> <\/strong>with no important decisions expected in an upcoming meeting early next month, OPEC+ sources told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/opec-unlikely-change-output-policy-before-june-meeting-2024-03-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> last week, ahead of an online joint ministerial monitoring committee meeting scheduled for Wednesday. OPEC+, which groups OPEC members, Russia, and other allies, agreed earlier this month to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3f152528-8823-4d4d-8fcb-75278367ad8b\" style=\"\" rel=\"noopener\">extend voluntary output cuts<\/a> into this year\u2019s second quarter, the newswire said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>US crude oil fell to 12.5 mn barrels per day in January<\/strong>, a 6% drop from a record high in December on the back of a severe winter storm capping oil production and closing Texas refineries, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/us-crude-oil-production-down-january-due-severe-weather-eia-says-2024-03-29\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday, citing data from the Energy Information Administration. Crude oil production in Texas, the US\u2019 leading oil-producing state, declined by 5% to 5.4 mn bpd during the month, while North Dakota saw a nearly 13% decrease in production to 1.1 mn bdp, according to the data. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Baltic index sees biggest fall in over two months: <\/strong>The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 was down 1.3% to 1,821 points on Thursday, its lowest point since 22 February, driven by weakened rates across all segments, <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/baltic-index-posts-worst-week-in-more-than-two-months\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday. The larger capesize subindex dropped 1 point to 2,637, and fell more than 24% for the week, while panamax dipped 3.2% to 1,879 points, hitting its largest weekly decline since 2 February. Meanwhile, the smaller supramax segment fell 22 points to 1,331 points. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Drewry\u2019s World Container Index (WCI) fell 3% to USD 2.9k per 40-foot container <\/strong><strong>for the week ending Thursday<\/strong>, but was up 71% 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 106% greater than the average 2019 pre-pandemic rate of USD 1.4k and USD 709 higher than the 10-year average rate of USD 2.7k.<\/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 class=\"tag-border-left\">CIRCLE YOUR CALENDAR-<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>The UAE will host the 7th edition of the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.eventbrite.sg\/e\/dubai-to-host-the-6th-global-ports-forum-apr-17-18-2024-dubai-uae-tickets-622879267657\" style=\"\" rel=\"noopener\">Global Ports Forum<\/a><\/strong><strong> on Sunday, 17 April and <\/strong><strong>Monday, 18 Apri<\/strong><strong>l<\/strong> in Dubai. The event will host discussions on port strategy and development, automation, financing, and enhancing efficiency. <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>Egypt will host the 5th edition of the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/efmf.me\/\" style=\"\" rel=\"noopener\">Egypt Facility Management Forum<\/a><\/strong><strong> on <\/strong><strong>Tuesday, 23 <\/strong><strong>April and Wednesday, 24 April&nbsp;<\/strong>in Cairo. Business-owners, developers, service providers, technology leaders and suppliers will attend seminars and exhibitions on the facility management supply chain.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>The UAE will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.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;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;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;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/aemobforum.com\/\" style=\"\" rel=\"noopener\">Autonomous E-mobility Forum<\/a><\/strong><strong> from Tuesday, 30 April to Thursday, 2 <\/strong><strong>May<\/strong> in Doha. The event will gather industry experts, senior officials, policy and technology experts, as well as government, academic, and media representatives, providing a platform for stakeholders to exchange know-how and recommendations for the implementation of autonomous e-mobility in the real-world. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/saudi-smartlogistics.com\/\" style=\"\" rel=\"noopener\">Saudi Smart Logistics<\/a><\/strong><strong> exhibition and summit from Monday, 6 May to Thursday, 9 May<\/strong> in Riyadh. International and local businessmen, industry professionals, leaders, and sellers will showcase their innovative logistics solutions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77681\" 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=\"77681\">\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\">Debt Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/adib-extends-usd-235-mn-syndicated-loan-to-al-seer-marine-bgn-to-finance-vlgcs\/\">\r\n                            ADIB extends USD 235 mn syndicated loan to Al Seer Marine + BGN to finance VLGCs                        <\/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\/04\/01\/adib-extends-usd-235-mn-syndicated-loan-to-al-seer-marine-bgn-to-finance-vlgcs\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img 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  <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2473.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77682\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/adib-extends-usd-235-mn-syndicated-loan-to-al-seer-marine-bgn-to-finance-vlgcs\/2473-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2473.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2473.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2473.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2473.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77681\" class=\"content-area-description single-story post-77681 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-al-seer-marine tag-debt-watch tag-shipping-maritime tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.05ef1f85-49ef-41d2-ad6b-bf7ac03b6679.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADIB-led syndicate funds BGN + Al Seer Marine for VLGCs:<\/strong> A banking syndicate led by Abu Dhabi Islamic Bank (ADIB) extended a shariah-compliant loan amounting to USD 235 mnto ABGC, a JV between <a target=\"_blank\" href=\"https:\/\/alseermarine.ae\/\" style=\"\" rel=\"noopener\">Al Seer Marine<\/a> and <a target=\"_blank\" href=\"https:\/\/bgn-int.com\/?gad_source=1&gclid=CjwKCAjwh4-wBhB3EiwAeJsppN52lFB5bHkMa5V3dSgKk6fiMHfRD8AjJVSORp5iBtNVTGzOWQGb7hoCVt8QAvD_BwE\" style=\"\" rel=\"noopener\">BGN<\/a> International, according to a <a target=\"_blank\" href=\"https:\/\/bgn-int.com\/bgn-confirms-usd370m-ship-financing-with-five-leading-middle-east-gulf-banks\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The financing marks the second tranche of a USD 370 mn syndicated loan to finance three very large gas carriers (VLGCs) in South Korea and Japan. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> Two of the vessels are set to be delivered in 2025, and the third in 2026, according to the statement. These ships will feature dual-fuel LPG engines, advancing towards zero-carbon propulsion.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Advisors:<\/strong> ADIB led the agreement, supported by specialized mandated arrangers including Abu Dhabi Commercial Bank, National Bank of Fujairah, Commercial Bank of Dubai, and Saudi Arabia\u2019s Islamic Corporation for the Development of the Private Sector. Global law firms Denton served as the Syndicate\u2019s Legal Council, and Holman Fenwick Willan served as legal counsel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>Al Seer Marine received a VLGC named North Gas with 84.3k cubic meters capacity from Hyundai Heavy Industries back in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/17a7fcbe-395a-48f5-a7b6-c9675cbdefbe\/another-saudi-airport-to-get-a-revamp-%2B-sczone-eyes-more-green-energy-cooperation,-and-al-seer-marine-gets-new-vlgc\" style=\"\" rel=\"noopener\">October 2023<\/a>, marking the second VLGC delivery under the AED 459 mn agreement by ABGC. The first VLGC, Lucky Gas, was delivered in June. Al Seer Marine's fleet now totals 20 ships.<\/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\/al-seer-marine\/\">Al Seer Marine<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77683\" 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=\"77683\">\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\">Supply Chains<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/morocco-eyes-lng-terminal-and-other-lng-trade-infrastructure\/\">\r\n                            Morocco eyes LNG terminal and other LNG trade infrastructure                        <\/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\/04\/01\/morocco-eyes-lng-terminal-and-other-lng-trade-infrastructure\/\" 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\/04\/01\/morocco-eyes-lng-terminal-and-other-lng-trade-infrastructure\/')\">\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\/04\/01\/morocco-eyes-lng-terminal-and-other-lng-trade-infrastructure\/\">\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=Morocco eyes LNG terminal and other LNG trade infrastructure&url=https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/morocco-eyes-lng-terminal-and-other-lng-trade-infrastructure\/\">\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\/04\/01\/morocco-eyes-lng-terminal-and-other-lng-trade-infrastructure\/&title=Morocco eyes LNG terminal and other LNG trade infrastructure\">\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=Morocco+eyes+LNG+terminal+and+other+LNG+trade+infrastructure+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F01%2Fmorocco-eyes-lng-terminal-and-other-lng-trade-infrastructure%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\/04\/01\/morocco-eyes-lng-terminal-and-other-lng-trade-infrastructure\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2556.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77684\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/morocco-eyes-lng-terminal-and-other-lng-trade-infrastructure\/2556-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2556.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2556.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2556.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2556.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77683\" class=\"content-area-description single-story post-77683 post type-post status-publish format-standard has-post-thumbnail hentry category-supply-chains tag-morocco tag-supply-chains tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.e928fb0c-80c6-4656-9647-af8b299ce694.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Morocco plans to build an LNG terminal at Nador West Med (NWM) Port:<\/strong> Several Moroccan governmental bodies inked an MoU to boost LNG transport, storage, regasification, and trade infrastructure in the country, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MTEDDMA\/posts\/pfbid03VVEmEfGCyTtgLgKPfcP7AWStQGKnGHz3FcaFzBPQn1sqLqwyMEr1R6mjCXjtWYEl?locale=fa_IR\" style=\"\" rel=\"noopener\">statement<\/a> released last week. Plans include the development of an LNG terminal at NWM Port and the construction of a new gas pipeline connecting the terminal to the Maghreb Europe Gas Pipeline<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who\u2019s involved: <\/strong>The MoU was inked by Morocco\u2019s Interior Ministry, Economic and Finance Ministry, Equipment and Water Ministry, Energy Transition and Sustainable Development Ministry. Several public agencies were also involved in the project, including Morocco\u2019s <a target=\"_blank\" href=\"https:\/\/www.anp.org.ma\/en\/\" style=\"\" rel=\"noopener\">National Ports Agency<\/a> (ANP), <a target=\"_blank\" href=\"https:\/\/www.nadorwestmed.ma\" style=\"\" rel=\"noopener\">Nador West Med Company<\/a>, the <a target=\"_blank\" href=\"http:\/\/www.one.org.ma\/\" style=\"\" rel=\"noopener\">National Office of Electricity and Drinking water<\/a> (ONEE), the <a target=\"_blank\" href=\"https:\/\/www.onhym.com\/en\" style=\"\" rel=\"noopener\">National Office of Hydrocarbons and Mines<\/a> (ONHYM), and the National Motorway company of Morocco (ADM), according to the press release. Under the MoU, the initiative looks to boost the transition to renewable energy and cleaner fuels. A timeline and investment ticket for the project were not disclosed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the Maghreb Europe Gas (MEG) Pipeline:<\/strong> The pipeline transported gas from Algeria to Spain via Morocco until late 2021 when Algeria <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/africa\/algeria-end-gas-supplies-morocco-supply-spain-directly-sources-2021-10-25\/\" style=\"\" rel=\"noopener\">suspended flows<\/a> after cutting off diplomatic ties with Morocco. Algeria was set to compensate for lost supplies to Spain via the Medgaz undersea pipeline running directly from Algeria to Spain and via extra shipping capacity. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Nigeria is also looking to construct an LNG pipeline connecting to markets in Europe via <\/strong><strong>a Moroccan transit, <\/strong><a target=\"_blank\" href=\"https:\/\/www.spglobal.com\/commodityinsights\/en\/market-insights\/latest-news\/natural-gas\/020224-nigeria-eyes-3-bcfd-gas-pipeline-to-morocco-after-relations-sour-with-niger\" style=\"\" rel=\"noopener\">S&P Global<\/a> reported in February. The proposed 5.6k km pipeline came to the head after Nigerian Gas Minister Ekperikpe Ekpo met with Moroccan Energy Transition and Sustainable Development Minister Leila Benali <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MTEDDMA\/posts\/pfbid0CuKW2AprCZZmeWPswhpRoxa1QgtuF3sVjFjSCF1ptKZcgXyHdAuy2Pg2MzveKLEfl\" style=\"\" rel=\"noopener\">in January<\/a>, in a bid to fast-track the final investment decision on the potential pipeline. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/supply-chains\/\">supply chains<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77685 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"77685\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/77685\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77685\" class=\"content-area-description single-story post-77685 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77686\" 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=\"77686\">\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\">IPO Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/agility-plans-to-list-subsidiary-on-adx\/\">\r\n                            Agility plans to list subsidiary on ADX                        <\/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\/04\/01\/agility-plans-to-list-subsidiary-on-adx\/\" 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 ADX listing is slated for 2 May, subject to fulfillment of regulatory requirements. Shareholders have given prior approval to the listing of shares of Agility assets in general assembly meetings held on 30 May and 7 June 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> Agility\u2019s board approved an in-kind dividend distribution of some KWD 800 mn (USD 2.6 bn), representing shares forming 49% of the issued share capital of Agility Global. Following the distribution, Agility \u2014 which is listed both on the DFM and the Kuwait Stock Exchange \u2014 will remain the controlling shareholder with a 51% stake in Agility Global. Agility will also continue to consolidate Agility Global\u2019s accounts. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What Agility Global does:<\/strong> The wholly owned unit manages company operations and assets for Agility subsidiary <a target=\"_blank\" href=\"https:\/\/menziesaviation.com\/\" style=\"\" rel=\"noopener\">Menzies Aviation<\/a>, the company\u2019s investment in <a target=\"_blank\" href=\"https:\/\/tristar-group.co\/\" style=\"\" rel=\"noopener\">Tristar Transport,<\/a> operations of <a target=\"_blank\" href=\"https:\/\/agilitylogisticsparks.com\/\" style=\"\" rel=\"noopener\">Agility Logistics Parks<\/a> outside of Kuwait, and the DSV investment \u2014 which Agility\u2019s Global Integrated Logistics business (GIL) had <a target=\"_blank\" href=\"https:\/\/www.agility.com\/en\/dsv-global-integrated-logistics\/\" style=\"\" rel=\"noopener\">acquired<\/a> back in 2021, according to the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The IPO is to promote growth and expand access to more capital markets:<\/strong> The listing of Agility Global \u201ccrystalizes the value of assets for shareholders and gives the company access to additional capital markets to fund future growth,\u201d Agility Vice Chairman Tarek Sultan commented in the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What else? <\/strong>Agility\u2019s board also approved an interim cash dividend distribution of KWD 25.5 mn (USD 83 mn), equivalent to 10 fils per share, according to the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Agility might also <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d3cec348-627e-47a3-8632-6db06e92e526\/the-first-uae-bond-etf-goes-live-today-%2B-redbird-imi-has-another-week-to-save-its-telegraph-acquisition\" style=\"\" rel=\"noopener\">sell another subsidiary<\/a><\/strong><strong> \u2014 Dubai-based Tristar <\/strong>\u2014 after plans to list the company on the Dubai Financial Market stalled back in 2021 due to a lack of investor demand. The company had planned to sell 24% of its shares in the IPO.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ON THE EARNINGS FRONT<\/strong><strong>- The company saw its bottomline grow last year by 22.8% <\/strong><strong>y-o-y<\/strong><strong>to KWD 83.6 mn from KWD 68 mn<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2655.pdf\" style=\"\" rel=\"noopener\">financial statement (pdf)<\/a>. Total operating revenues grew 56.7% y-o-y to KWD 1.35 bn. In 4Q 2023, its net profit decreased by 2.3% y-o-y to KWD 26 mn while revenues increased 2.2% y-o-y to KWD 343.9 mn, according to an <a target=\"_blank\" href=\"https:\/\/www.agility.com\/en\/agility-reports-fy-2023-net-profit-of-kd-83-6-million-and-recommends-a-10-fils-per-share-as-dividends\/\" style=\"\" rel=\"noopener\">earnings release<\/a>. Agility attributes its growth to a general uplift in global equity markets in 3Q 2023, and particularly its investment in Copenhagen-based logistics company DSV, where it closed two multi-year funded equity collar agreements.<\/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\/agility-logistics\/\">Agility Logistics<\/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\/ipo-watch\/\">IPO WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/mena-ipos\/\">MENA IPOs<\/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=\"77688\" 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=\"77688\">\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\">Debt Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/tunisia-secures-eur-145-mn-in-loans-from-eib-and-afdb-for-bizerte-bridge-project\/\">\r\n                            Tunisia secures EUR 145 mn in loans from EIB and AfDB for Bizerte bridge project                        <\/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\/04\/01\/tunisia-secures-eur-145-mn-in-loans-from-eib-and-afdb-for-bizerte-bridge-project\/\" 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\/04\/01\/tunisia-secures-eur-145-mn-in-loans-from-eib-and-afdb-for-bizerte-bridge-project\/')\">\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\/04\/01\/tunisia-secures-eur-145-mn-in-loans-from-eib-and-afdb-for-bizerte-bridge-project\/\">\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=Tunisia secures EUR 145 mn in loans from EIB and AfDB for Bizerte bridge project&url=https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/tunisia-secures-eur-145-mn-in-loans-from-eib-and-afdb-for-bizerte-bridge-project\/\">\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\/04\/01\/tunisia-secures-eur-145-mn-in-loans-from-eib-and-afdb-for-bizerte-bridge-project\/&title=Tunisia secures EUR 145 mn in loans from EIB and AfDB for Bizerte bridge project\">\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=Tunisia+secures+EUR+145+mn+in+loans+from+EIB+and+AfDB+for+Bizerte+bridge+project+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F01%2Ftunisia-secures-eur-145-mn-in-loans-from-eib-and-afdb-for-bizerte-bridge-project%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\/04\/01\/tunisia-secures-eur-145-mn-in-loans-from-eib-and-afdb-for-bizerte-bridge-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/49.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77689\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/tunisia-secures-eur-145-mn-in-loans-from-eib-and-afdb-for-bizerte-bridge-project\/49-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/49.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"49.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/49.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/49.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77688\" class=\"content-area-description single-story post-77688 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt-watch tag-projects tag-tunisia 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\/4\/.81f3ddaa-15b7-4316-9274-00169b9e84fd.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>EIB + AfDB to help fund bridge in Tunisia: <\/strong>Tunisia will receive EUR 123 mn from The <a target=\"_blank\" href=\"https:\/\/www.eib.org\/en\/index\" style=\"\" rel=\"noopener\">European Investment Bank<\/a> (EIB) and EUR 122 mn loan from the <a target=\"_blank\" href=\"https:\/\/www.afdb.org\/en\" style=\"\" rel=\"noopener\">African Bank of Development<\/a> (AfDB) for the construction of the Bizerte bridge project, according to a <a target=\"_blank\" href=\"https:\/\/www.eib.org\/en\/press\/all\/2024-130-l-europe-soutient-la-construction-du-nouveau-pont-a-bizerte-afin-d-ouvrir-de-nouvelles-perspectives-economiques-pour-la-region\" style=\"\" rel=\"noopener\">statement<\/a> released last week. Construction will take place over 38 months for the bridge and 27 months for its roads and interchanges, according to the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Details: <\/strong>The project involves building a 2.07 km, 56-meter-high bridge that should move traffic away from the city center, the statement adds. The project will also support regional economic activity by facilitating access to the port of Bizerte.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who is doing what:<\/strong> The construction contract has been awarded to the <a target=\"_blank\" href=\"https:\/\/www.scrbg.com\/outportal_en\/index.html\" style=\"\" rel=\"noopener\">Sichuan Road and Bridge Group<\/a> for some TND 610 mn which is 79% of the total investment. The work will take place over three phases: the construction of a southbound link through a 4.5 km motorway, the construction of the main bridge, and building a northbound link and a 2.5 km motorway, according to the statement. <\/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\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/projects\/\">PROJECTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/tunisia\/\">Tunisia<\/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=\"77690 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=\"77690\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/77690\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77690\" class=\"content-area-description single-story post-77690 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/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=\"77691\" 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=\"77691\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/uae-kenya-eye-stronger-investment-ties\/\">\r\n                            UAE + Kenya eye stronger investment ties                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/uae-kenya-eye-stronger-investment-ties\/\" 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 technical and investment angles of developing large AI language models will also be assessed, Wam writes. The agreement also involves setting up a \u201cdigital corridor\u201d made up of network infrastructure to facilitate data exchange, hosting, processing, and transmission between the two countries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The two have been boosting trade relations: <\/strong>The UAE and Kenya concluded negotiations in February on a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4d81bfa2-57e0-414b-8e30-0a381273b2c8\/lots-of-aviation-news-from-qatar,-jordan-and-saudi.-plus:-uae-%2B-kenya-wrap-up%253cmark%253e-cepa-%253c%2Fmark%253enegotiations\" style=\"\" rel=\"noopener\">Comprehensive Economic Partnership Agreement<\/a> (CEPA) to boost trade between them. Kenya is also joining the UAE's <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a6457cf7-a55b-41b9-9643-279414bd45d1\/bahrain-inks-agreement-with-singapore-to-establish-the-bahrain-international-commercial-court\" style=\"\" rel=\"noopener\">Trade for Development platform<\/a>, offering policymakers access to expertise in trade growth, helping countries navigate complex trade negotiations.<\/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\/data-centers\/\">DATA CENTERS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/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=\"77693\" 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=\"77693\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/turkeys-dnm-is-set-to-establish-two-projects-in-egypt-emrill-and-clemtech-join-forces-to-launch-emrill-rail-in-the-uae\/\">\r\n                            Turkey\u2019s DNM is set to establish two projects in Egypt + Emrill and Clemtech join forces to launch Emrill Rail in the UAE                        <\/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\/04\/01\/turkeys-dnm-is-set-to-establish-two-projects-in-egypt-emrill-and-clemtech-join-forces-to-launch-emrill-rail-in-the-uae\/\" 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\/04\/01\/turkeys-dnm-is-set-to-establish-two-projects-in-egypt-emrill-and-clemtech-join-forces-to-launch-emrill-rail-in-the-uae\/')\">\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\/04\/01\/turkeys-dnm-is-set-to-establish-two-projects-in-egypt-emrill-and-clemtech-join-forces-to-launch-emrill-rail-in-the-uae\/\">\n                    Facebook                    <!-- <img 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/turkeys-dnm-is-set-to-establish-two-projects-in-egypt-emrill-and-clemtech-join-forces-to-launch-emrill-rail-in-the-uae\/&title=Turkey\u2019s DNM is set to establish two projects in Egypt + Emrill and Clemtech join forces to launch Emrill Rail in the UAE\">\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=Turkey%E2%80%99s+DNM+is+set+to+establish+two+projects+in+Egypt+%2B+Emrill+and+Clemtech+join+forces+to+launch+Emrill+Rail+in+the+UAE+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F04%2F01%2Fturkeys-dnm-is-set-to-establish-two-projects-in-egypt-emrill-and-clemtech-join-forces-to-launch-emrill-rail-in-the-uae%2F\">\n     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data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/turkeys-dnm-is-set-to-establish-two-projects-in-egypt-emrill-and-clemtech-join-forces-to-launch-emrill-rail-in-the-uae\/2680-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2680.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2680.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2680.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/2680.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77693\" class=\"content-area-description single-story post-77693 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-agility tag-also-on-our-radar tag-logistics-handling tag-mawani tag-saudi-arabia tag-trade tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.ae6d9d86-63a9-49df-89ae-e0999458b96c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">ZONES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Turkey\u2019s DNM is setting up two projects in Egypt: <\/strong>Egypt\u2019s General Authority of the Suez Canal Economic Zone (SCZone) has greenlit two projects by <a target=\"_blank\" href=\"https:\/\/dnmdenim.com\/about\/\" style=\"\" rel=\"noopener\">DNM Textile<\/a> \u2014 an investment venture of Turkish clothing firm Eroglu Holding, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02za6sQABnxgMVgkDaHXPfrc5ia9cDknZPhG73aRdmuRmQ8RJpjiJwmgdP3C4vkJK8l\" style=\"\" rel=\"noopener\">statement<\/a> released on Saturday. DNM received approval to move forward with a USD 40 mn denim factory in Qantara West Industrial Zone, as well as an industrial complex for spinning, weaving, clothing, mattress, and furnisher production. Some 70% of the denim factory\u2019s production will be exported.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Local ready-made garment maker Eroglu Egypt \u2014 the local arm of the Turkish Eroglu Holding \u2014 will build a USD 150 mn ready-made clothing factory in Qantara West Industrial Zone, under a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6d22b157-fea2-45f8-9b75-2242a6952327\/sczone-inks-framework-agreements-for-five-industrial-projects\" style=\"\" rel=\"noopener\">framework agreement inked with the SCZone<\/a>. Meanwhile, Turkey\u2019s Jade Textile signed a framework agreement to invest USD 30 mn in ready-made garments unit for a larger factory that will also house a USD 35 mn dyeing unit.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The SCZone also<\/strong><strong> inked a MoU with <\/strong><strong>Poland-based grain protection and storage firm subsidiary Feerum Egypt to build a EGP 1.6 bn grain storage silo manufacturing factory <\/strong>in the East Port Said Industrial Zone, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:7178823528870277121\/\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The move aims to boost the country\u2019s grain storage and export capabilities to enhance national food security, the statement said. The factory, covering 52 km sq, will be used to design, manufacture, and construct grain storage silos and accessories.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- <\/strong><strong>The Egyptian cabinet greenlit a <\/strong><strong>draft bill allowing MSC cargo subsidiary <\/strong><strong><a target=\"_blank\" href=\"https:\/\/medlogaus.com\/\" style=\"\" rel=\"noopener\">Medlog<\/a><\/strong> to construct, operate, and maintain the new Tenth of Ramadan dry port and logistics center, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0mQwZXS5ZRo42g8UnvoDSYYeQBagTHGowWrNTGzCCRfWCLVfvJyuM5SNt2baLK7aCl\" style=\"\" rel=\"noopener\">statement<\/a> released last week. Medlog <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e2e3a675-da55-4e30-9669-5b4e017eb305\" style=\"\" rel=\"noopener\">first snagged<\/a> the bid for the project in June and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/64a08c32-140e-4599-80ff-cf9a81685faa\/egypt%25e2%2580%2599s-transport-ministry-inks-two-dry-port-agreements\" style=\"\" rel=\"noopener\">inked<\/a> in August a 30-year public-private partnership (PPP) contract for the development and operation of the dry port with Egypt\u2019s General Authority for Land and Dry Ports (GALDP). The cabinet has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1bd53619-0a0c-4348-81f9-766539179c3c\/gov%25e2%2580%2599t-unveils-new-economic-and-social-development-targets-for-the-next-fiscal-year\" style=\"\" rel=\"noopener\">also approved the amendments<\/a> to the investment law that would facilitate private investments in freezones through partnerships or investment contracts with state entities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">LOGISTICS HANDLING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mubarrad to deliver Nadec\u2019s products locally and regionally:<\/strong> Riyadh-based <a target=\"_blank\" href=\"https:\/\/mubarrad.sa\/\" style=\"\" rel=\"noopener\">Saudi Transport<\/a><a target=\"_blank\" href=\"https:\/\/mubarrad.sa\/\" style=\"\" rel=\"noopener\">and Investment Company (Mubarrad)<\/a> \u2014 a subsidiary of Batic Investment and Logistics Company \u2014 has signed a SAR 32.2 mn three-year contract with dairy firm <a target=\"_blank\" href=\"https:\/\/nadec.com\/en\/\" style=\"\" rel=\"noopener\">National Agricultural Development Company (Nadec)<\/a> to transport its range of refrigerated, non-refrigerated, and dry products across domestic and regional markets, it said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/lVDLbsIwEPyWHjiCN0SEtDe3qAHEs4ECuSDHWUKkJI4cB0q_vg6piqBQUcsH73hmdnaJR5bES9kuCpmKRMpiXa88a92iFjS7NoyhO3sBC1zHms9so9O0yOKcYA8dC6YjOh032y1w3oF4_9KDO2nB9HUyNAfwBg5Y9-nhxqF39PfOKWP62NYJ-s9Ob0BN22pfEq6MeNHk9wxHwh8h-8QLY-FXC6epb9oh8SRuUKJsFFLDW6Wy_KkGNdjv941QiDDGBhdJDa5JtiJXZHnOJC6mx3W1b-6jZ5CFxFwUkiN5C1HRNBVFyjHBVA2iXHWYYmTKGd_iAHcYT1iIxC3nY8EuyoXMSxZZ1Y0Sy5ErITtZL_hBDokvYrIq35kUQcHV7JBhBSih7b_fmTZ2o09dGVBZMcm3J275PyoSH2XH15wS2kiRnAxYmZyXuSuRsa4SKPxQ7tGs4gVaMUEZCZ2RZMl8voSoV_f8g2kmNLHN87unD19eiZLV\/dz\/d5\/L0lHSklna0tDbEVLSUtVUW9ncFJBL29Od1FBRU1JQUFDRUVoZ0NLTTR6bEdDRklVbFF3Z1d0RzBaV2dBISEvNEpDaWpzWXBNaFRqVUUxdTBsc3BxYWEzYVMyTTFMSSEvWjdfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFEUTYvWjZfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFESTMvY29tcGFueVN5bWJvbC80MTEwL2h0dHA6JTAlMHRhZGF3dWwlMC9hbm5DYXQvMS9hbklkLzc5MTU2\/\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. Under the contract, Mubarrad will use its trucks and trailers to transport Nadec\u2019s products across the GCC and other Arab markets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A<\/strong><strong>CT deploys battery electric container handling equipment: <\/strong>Aqaba Container Terminal (ACT) has become the first terminal in the Middle East to employ the use of full battery-electric container handling equipment, according to a <a target=\"_blank\" href=\"https:\/\/www.apmterminals.com\/en\/aqaba\/news\/latest-news\/2024\/240329-act-first-terminal-in-middle-east-to-implement-electric-container-handling-equipment\" style=\"\" rel=\"noopener\">statement<\/a> released on Friday. The equipment includes a reach stacker operated on a 507 kWh fully charged battery capacity, an empty handler with a 350 kWh capacity, and a terminal truck with a 282 kWh battery capacity (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=MuVk1tW1608&t=11s\" style=\"\" rel=\"noopener\">watch, runtime: 2:01<\/a>). The use of the new equipment should contribute to slashing maintenance costs and is part of ACT\u2019s strategy to become a carbon-neutral terminal by 2040.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The move is part of APM Terminals\u2019 USD 60 mn port equipment electrification pilot project<\/strong>, according to the statement. ACT is looking to complete the pilot project by 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Cluster2 to offer reduced ground handling services + air freight rates in Jazan: <\/strong>Saudi aviation firm <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/airportsc2\/?originalSubdomain=sa\" style=\"\" rel=\"noopener\">Cluster2<\/a> will support traders, farmers, and exporters in the Jazan region \u2014 one of the KSA\u2019s top agricultural producers \u2014 by charging less for ground handling services from Saudi <a target=\"_blank\" href=\"https:\/\/sal.sa\/\" style=\"\" rel=\"noopener\">Sal Logistics Services<\/a> and extending special air freight rates on <a target=\"_blank\" href=\"https:\/\/saudiacargo.com\/\" style=\"\" rel=\"noopener\">Saudia Cargo<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/airportsc2_aesaeuaetaehabraetaefaepaezaepaesabraepaesaetaepaeuaey-activity-7178294762725064704-WI19?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The initiative aims to stimulate exports of local agricultural crops, particularly during the current mango season, according to the statement. The initiative reduces export fees and in turn strengthens Saudi exports, logistics specialist Nashmi Al Harbi told <a target=\"_blank\" href=\"https:\/\/aawsat.com\/%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\/4933676-%D9%85%D8%A8%D8%A7%D8%AF%D8%B1%D8%A9-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%AA%D8%AF%D8%B9%D9%85-%D8%A7%D9%84%D9%85%D8%B5%D8%AF%D8%B1%D9%8A%D9%86-%D9%88%D8%AA%D8%AD%D9%81%D9%91%D8%B2-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AF%D8%A7%D9%85%D8%A9-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9-%D9%81%D9%8A-%D8%AC%D9%86%D9%88%D8%A8-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9\" style=\"\" rel=\"noopener\">Asharq Al-Awsat<\/a> on Tuesday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">AVIATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Menzies Aviation to run fuel farm at one of US\u2019 largest airports<\/strong><strong>: <\/strong>Aircraft ground handling firm <a target=\"_blank\" href=\"https:\/\/menziesaviation.com\/\" style=\"\" rel=\"noopener\">Menzies Aviation<\/a>, a subsidiary of Kuwaiti logistics giant <a target=\"_blank\" href=\"https:\/\/www.agility.com\/en\/\" style=\"\" rel=\"noopener\">Agility<\/a>, will manage and operate a fuel farm and hydrant fueling system at Texas\u2019s Houston George Bush InterContinental Airport, according to a <a target=\"_blank\" href=\"https:\/\/menziesaviation.com\/news\/menzies-aviation-appointed-to-manage-iah-fuel-farm-in-houston-texas\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The move further solidifies the firm\u2019s position as the largest fuel farm operator in North America, operating 56 facilities across the US and Canada. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">SHIPPING + MARITIME-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mawani adds new shipping service to Jeddah Islamic Port:<\/strong>The Saudi Ports Authority (Mawani) has added a new weekly shipping service, RGI by Unifeeder, to its Jeddah Islamic Port, connecting the country to Indian ports, according to a <a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\/article?a=270324\" style=\"\" rel=\"noopener\">statement<\/a> on Thursday. The new service offers a capacity of up to 2.8k TEUs and will connect the kingdom to four regional and international ports, including India\u2019s Mundra and Nhava Sheva, the UAE\u2019s Jebel Ali, and Egypt\u2019s Sokhna.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Mawani also added a new <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/dd1cac92-aa1d-4995-bcc6-98a20c02999e\/rsg-%2B-hyundai-motor-group-partner-on-green-mobility-solutions-%2B-dammam-gets-another-shipping-service\" style=\"\" rel=\"noopener\">shipping service<\/a>, Galex by Emirates Shipping Line, to its King Abdul Aziz Port in Dammam last week, improving connectivity to East Asian ports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">INVESTMENT WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adia buys into Indian railway equipment manufacturer:<\/strong> The Abu Dhabi Investment Authority (Adia) has bought some 10 mn equity shares of India\u2019s railway equipment manufacturer Texmaco Rail, through the company\u2019s qualified institutional placement (QIP), <a target=\"_blank\" href=\"https:\/\/www.cnbctv18.com\/market\/texmaco-rail-share-price-qip-adia-abu-dhabi-investment-societe-generale-issued-stock-19379821.htm\" style=\"\" rel=\"noopener\">CNBC TV18<\/a> reported on Thursday. The share purchase represents 6.80% of the total QIP, which saw Texamaco raise a total of INR 2.5 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong><a target=\"_blank\" href=\"https:\/\/www.emrill.com\/\" style=\"\" rel=\"noopener\">Emrill<\/a><\/strong><strong> + <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.clemtech.co.uk\/\" style=\"\" rel=\"noopener\">Clemtech<\/a><\/strong><strong> to launch Emrill Rail in the UAE<\/strong><strong>:<\/strong> Dubai-based facilities management service provider Emrill is partnering with rolling stock and rail sector consultant and recruitment specialist Clemtech to launch Emrill Rail to provide services to the UAE rail sector. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/emrillservices\/posts\/pfbid0ZKpD6UsxVZqG5uqYJhTQco7bgaWwFckFYr4BYFgvtTVuTSc38p4SEXPa7n6p3bKgl\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Emirates introduces SAF at Amsterdam airport: <\/strong>Dubai-based <a target=\"_blank\" href=\"https:\/\/www.emirates.com\/eg\/english\/book\/?gad_source=1&gclid=CjwKCAjwh4-wBhB3EiwAeJsppDHv_fmh_yN0bIzRHdNMaUr58hP4AOy0SE0m2N5fZrcsteZl61yyThoC7xUQAvD_BwE&gclsrc=aw.ds\" style=\"\" rel=\"noopener\">Emirates<\/a> is kicking off its fuel partnership with Neste at Amsterdam Schiphol Airport, which will involve introducing 2 mn gallons of blended SAF into the airport\u2019s fueling systems throughout 2024. (<a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/en\/news\/2024\/march\/27-03\/emirates-adds-saf#:~:text=Dubai%2C%20UAE%2C%2027%20March%202024,over%20the%20course%20of%202024.\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Canada Jetlines expands footprint into Morocco: <\/strong><a target=\"_blank\" href=\"https:\/\/jetlines.com\/Home\" style=\"\" rel=\"noopener\">Canada Jetlines<\/a> is set to increase its fleet into Morocco by adding two additional flights under a Wet Lease\/ACMI agreement with <a target=\"_blank\" href=\"https:\/\/www.airarabia.com\/en\/air-arabia-maroc\" style=\"\" rel=\"noopener\">Air Arabia Morocco<\/a>. The planes will operate flights between Western European destinations and Morocco. (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/jetlines_canadajetlines-cjet-activity-7178353421807181824-FxCa?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<li><strong>Air Arabia resumes Sharjah to Gizan flights:<\/strong> Emirati low-cost carrier <a target=\"_blank\" href=\"https:\/\/www.airarabia.com\/en\" style=\"\" rel=\"noopener\">Air<\/a><a target=\"_blank\" href=\"https:\/\/www.airarabia.com\/en\" style=\"\" rel=\"noopener\">Arabia<\/a> is reintroducing three-weekly flights from the UAE\u2019s Sharjah to Gizan, Saudi Arabia, linking Sharjah International Airport with King Abdullah bin Abdulaziz International Airport. (<a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b2c71h7-air-arabia-resumes-direct-flights-from-sharjah\" style=\"\" rel=\"noopener\">Wam<\/a>)<\/li>\n<li><strong>Menzies boosts Indonesia presence:<\/strong>Agility subsidiary <a target=\"_blank\" href=\"https:\/\/menziesaviation.com\/\" style=\"\" rel=\"noopener\">Menzies Aviation<\/a> has inked an MoU with Southeast Asian aviation and cargo company InJourney Aviation Services to expand its footprint across Indonesia. (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/menzies-aviation_menziesaviation-peoplepassionpride-iatawcs-activity-7178678298179162112-BEli\/?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Flydubai adds new KSA <\/strong><strong>destination:<\/strong> UAE airline <a target=\"_blank\" href=\"https:\/\/www.flydubai.com\/en\/\" style=\"\" rel=\"noopener\">Flydubai<\/a> will operate a twice-weekly service from Dubai International Airport to Red Sea International Airport, KSA starting 18 April. (<a target=\"_blank\" href=\"https:\/\/news.flydubai.com\/flydubai-adds-two-destinations-in-the-kingdom-of-saudi-arabia\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Akasa Air flies to Doha<\/strong><strong>:<\/strong> India\u2019s Akasa Air has launched four direct flights a week to Qatar\u2019s Hamad International Airport from India\u2019s Chhatrapati Shivaji Maharaj International Airport. (<a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/akasa-air-indias-fastest-growing-airline-commences-operations-from-dohas-hamad-international-airport-kkvosgah\" 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\/agility\/\">Agility<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\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\/logistics-handling\/\">LOGISTICS HANDLING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/mawani\/\">Mawani<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77695\" 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=\"77695\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/ukraines-dtek-faced-loses-as-russian-missile-and-drone-attacks-hit-80-of-its-generating-capacity-uk-canada-trade-barriers-are-set-to-grow\/\">\r\n                            Ukraine\u2019s DTEK faced loses as Russian missile and drone attacks hit 80% of its generating capacity, UK-Canada trade barriers are set to grow                        <\/a>\r\n                    <\/h3>\r\n\r\n                    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class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/ukraines-dtek-faced-loses-as-russian-missile-and-drone-attacks-hit-80-of-its-generating-capacity-uk-canada-trade-barriers-are-set-to-grow\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/15.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"77696\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/04\/01\/ukraines-dtek-faced-loses-as-russian-missile-and-drone-attacks-hit-80-of-its-generating-capacity-uk-canada-trade-barriers-are-set-to-grow\/15-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/15.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"15.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/15.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/15.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77695\" class=\"content-area-description single-story post-77695 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.8b862285-6e9c-460c-b87f-d6cebcb08462.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ukraine intercepted nine Russian drones and nine missiles launched in an <\/strong><strong>overnight air attack<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/ukraine-says-russia-fired-16-missiles-11-drones-overnight-2024-03-31\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a Ukrainian air force statement released on Sunday. The statement said that Russia had launched 11 drone and 16 missile attacks overnight, without mentioning the intended targets. Russia has ramped up its air strike operations on Ukrainian energy facilities, leaving five out of six of plants belonging to Ukraine\u2019s largest private energy firm <a target=\"_blank\" href=\"https:\/\/dtek.com\/en\/\" style=\"\" rel=\"noopener\">DTEK<\/a> damaged or destroyed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DTEK has lost <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/ukraine-power-firm-hit-by-russian-attacks-warns-repairs-could-take-18-months-2024-03-30\/\" style=\"\" rel=\"noopener\">80% of its generating capacity<\/a><\/strong><strong> due to the Russian attacks<\/strong><strong>.<\/strong> DTEK's equipment losses are estimated at USD 300 mn with repairs set to take up to 18 months, Executive Director Dmytro Sakharuk said. DTEK has already invested some USD 110 mn in repairing 10 blocks damaged by Russian attacks last year. Two-thirds of these have been destroyed again.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trade barriers between the UK and Canada are likely to expand<\/strong> after the two countries failed to reach an agreement on extending a tariff-free provision that is set to expire today, which allowed the UK to sell productions containing EU components, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-31\/uk-canada-trade-barriers-to-increase-amid-failure-to-reach-deal?srnd=economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. The breakdown in negotiations was reportedly due to Canada\u2019s insistence that the UK loosen its food safety regulations, which for the UK, was not up for negotiation, several sources familiar with the subject told Bloomberg. The UK\u2019s car manufacturing sector, with exports totalling around GDP 700 mn to Canada annually, will face the brunt of the impact, witnessing the enforcement of a 6.1% levy per vehicle.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Going forward: <\/strong>The UK\u2019s failure to secure an extension with Canada, a close ally, is emblematic of the country\u2019s struggles to boost its tariff-free trade with non-EU markets as a part of the government\u2019s post-Brexit strategy, the newswire explains. The UK has only inked new free-trade agreements with Australia and New Zealand, the terms of which have received backlash from farmers and members of parliament.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"77697\" 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\/04\/01\/77697\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-77697\" class=\"content-area-description single-story post-77697 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> Calendar<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>17 April- 18 April<\/span><span> (Sunday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.eventbrite.sg\/e\/dubai-to-host-the-6th-global-ports-forum-apr-17-18-2024-dubai-uae-tickets-622879267657\" style=\"\">Global Ports Forum<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>23 April- 24 April<\/span><span> (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/efmf.me\" style=\"\">Egypt Facility Management Forum 2024<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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;\">, Abu Dhabi, UAE. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>25 <\/span><span>April- 26 April: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/driftx.com\" style=\"\">Driftx<\/a><\/span><span>. Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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 Iran-Africa International Summit<\/a><\/span><span style=\"font-weight:400;\">, Tehran, Iran.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>27 April- 1 May (Saturday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.irantsn.com\/en\" style=\"\">Iran Expo 2024<\/a><\/span><span style=\"font-weight:400;\">, Tehran, Iran.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>28 April - 29 April (Sunday - Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.weforum.org\/events\/world-economic-forum-annual-meeting-2024\/\" style=\"\">World Economic Forum<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>29 April- 2 May(Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.glafamily.com\/about-GLA-Global-Logistics-Conference\" style=\"\">GLA Global Logistics Conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>30 April- 2 May(Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aemobforum.com\/\" style=\"\">Autonomous E-mobility Forum<\/a><\/span><span>, Doha, Qatar<\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>2-3 May (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/genevadry.com\/\" style=\"\">Geneva Dry<\/a><\/span><span style=\"font-weight:400;\">,Geneva, Switzerland.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>2-4 May(Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/ensias.um5.ac.ma\/news\/7th-edition-international-conference-logistics-operations-management-smart-sustainable-and\" style=\"\">The International Conference on Logistics Operations Management<\/a><\/span><span style=\"font-weight:400;\">, Marrakesh, Morocco.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>3-5 May (Friday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.logistiqua.com\/\" style=\"\">The Logistics and Supply Chain Management Conference<\/a><\/span><span style=\"font-weight:400;\">, Tunisia, Tunis.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>6-9 May<\/span><span> (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudi-smartlogistics.com\" style=\"\">Saudi Smart Logistics<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>7-9 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aimcongress.com\/\" style=\"\">Annual Investment Meeting (AIM) Congress<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>14-15 May (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/seamless-middle-east\/index.stm\" style=\"\">Seamless Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>14-16 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theairportshow.com\/\" style=\"\">The Airport Show<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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;\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>21-23 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.linkedin.com\/posts\/airports-council-international-asia-pacific_airportsinnovate-airport-riyadh-activity-7100771294358487040-tFm9\/?utm_source=share&utm_medium=member_desktop\" style=\"\">WAGA 2024<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>21-24 May<\/span><span> (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/unctad.org\/conference\/global-supply-chain-forum-2024\" style=\"\">Global Supply Chain Forum 2024<\/a><\/span><span style=\"font-weight:400;\">, Bridgetown, Barbados.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26-28 May<\/span><span> (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.propakmena.com\/en\/home.html\" style=\"\">ProPak Mena 2024<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>27-30 May<\/span><span> (Monday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/comex.om\/2022\/\" style=\"\">Comex Technology Show<\/a><\/span><span style=\"font-weight:400;\">, Muscat, Oman.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>2-4 June (Sunday-Tuesday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/pressroom\/2023-releases\/2023-06-05-03\/\" style=\"\">IATA Annual General Meeting (AGM) and World Air Transport Summit<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>19-21 June (Wednesday-Friday): World <\/span><span>Freezones<\/span><span> Organization\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wam.ae\/en\/details\/1395303182029\" style=\"\">Annual International Conference and Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Bari, Italy.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>27 June<\/span><span> (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.emmc.me\/overview\/\" style=\"\">East Med Maritime Conference<\/a><\/span><span style=\"font-weight:400;\">, Beirut, Lebanon.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>6-8 October (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.routesonline.com\/news\/29\/breaking-news\/299662189\/press-release-routes-world-officially-handed-over-to-2024-host-bahrain-international-airport\/\" style=\"\">Routes World 2024<\/a><\/span><span style=\"font-weight:400;\">, Bahrain.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>8-10 October (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 Conference<\/a><\/span><span style=\"font-weight:400;\">(Global Rail), Abu Dhabi. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>7-9 October (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.afsic.net\/delegate-registration\/\" style=\"\">AFSIC \u2013 Investing in Africa,<\/a><\/span><span style=\"font-weight:400;\"> London, UK. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>8-10 October<\/span><span> (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.antwerpxl.com\" style=\"\">AntwerpXL Expo<\/a><\/span><span style=\"font-weight:400;\">, Antwerp.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>22-24 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/ForthcomingEventsdetails.aspx?EventID=EVE201\" style=\"\">Asean Ports and Logistics<\/a><\/span><span style=\"font-weight:400;\">, Johor, Malaysia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>11-14 November (Sunday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/maritime-logistics\/\" style=\"\">ADIPEC Maritime and Logistics Exhibition and Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>13-15 November (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bahraininternationalairshow.com\/\" style=\"\">The Bahrain International Airshow<\/a><\/span><span style=\"font-weight:400;\">, Sakhir Airbase, Bahrain.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>18-20 November (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theheatshow.com\/beta\/\" style=\"\">The Heavy Equipment and Truck (HEAT) Show<\/a><\/span><span style=\"font-weight:400;\">, Dhahran Expo, Damman, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">10-12 December (Tuesday-Thursday): Middle East Business Aviation, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">20 December (Wednesday): The 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;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">EVENTS WITH NO SET DATE<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>1Q 2024: Construction of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/twitter.com\/Agility\/status\/1664177888365535232?cxt=HHwWgICz8Zy-rJguAAAA\" style=\"\">phase 3<\/a><\/span><span style=\"font-weight:400;\"> of Agility\u2019s logistic park in Abidjan, C\u00f4te d'Ivoire to be completed. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">1Q 2024: Egypt\u2019s Transport Ministry to launch pre-qualification tender for Cairo-Alex freight railway.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>1H 2024: Civil Construction subcontracts for construction firms in Oman for implementation of the Abu Dhabi - Suhar rail link to be <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/projects\/construction\/oman-etihad-rail-project-to-unlock-major-construction-opportunities-pvugtzq8\" style=\"\">announced<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span> 2H 2024: Bahri\u2019s barges for Saline Water Conversion Corporation (SWCC) to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/tools.eurolandir.com\/tools\/Pressreleases\/GetPressRelease\/?ID=4438553&lang=en-GB&companycode=sa-bahri&v=redesign\" style=\"\">begin<\/a><\/span><span style=\"font-weight:400;\"> initial and commercial operation.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">King Salman Energy Park is set to become operational.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"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;\">, Dubai. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2025<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>Mid-2025: Iraq will complete <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/projects\/construction\/iraq-to-finish-phase-1-of-faw-grand-port-in-2025-r1g2m8qk\" style=\"\">phase one<\/a><\/span><span style=\"font-weight:400;\"> of the construction of the Grand Faw Port.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">DHL and Aramco\u2019s logistics and procurement hub in Saudi Arabia will commence operations.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">AD Ports-operated Safaga Port\u2019s multi-purpose terminal will become operational. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.apmterminals.com\/en\/news\/news-releases\/2023\/231213-one-million-teu-expansion-at-apm-terminals-tangier-med-port-operational#:~:text=12%2F18%2F2023-,One%20million%20TEU%20expansion%20at%20APM%20Terminals%20Tangier%20MedPort%20operational,an%20additional%20400%20metre%20berth.\" style=\"\">Phase 3<\/a><\/span><span style=\"font-weight:400;\"> of APM Terminals Tangier MedPort to be complete and operational.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">1Q 2025: Sadr Park\u2019s Logistics Center in Riyadh to be completed. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>1Q 2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.jafza.ae\/media-centre\/news\/jafza-completes-phase-1-of-new-logistics-park\/\" style=\"\">Phase two<\/a><\/span><span style=\"font-weight:400;\">of Jafza Logistics Park to be completed.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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>Al Seer Marine + BGN secure financing for VLGCs | Morocco eyes LNG terminal and trade infrastructure | Agility plans to list one of its subsidiaries on ADX<\/p>\n","protected":false},"featured_media":77677,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-77676","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"daa639ac-45f3-46c5-9422-521f48bbf8c2","teaser":"Al Seer Marine + BGN secure financing for VLGCs | Morocco eyes LNG terminal and trade infrastructure | 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