{"id":78633,"date":"2024-05-20T00:00:00","date_gmt":"2024-05-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=78633"},"modified":"2025-12-15T14:39:55","modified_gmt":"2025-12-15T14:39:55","slug":"gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/","title":{"rendered":"GB Logistics inaugurates new 350k sq km bonded warehouse facility"},"content":{"rendered":"<section id=\"78635\" 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=\"78635\">\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\/05\/20\/today-gb-logistics-launches-350k-sq-km-bonded-warehouse-in-egypt-ad-ports-mulls-chittagong-port-development\/\">\r\n                            TODAY: GB Logistics launches 350k sq km bonded warehouse in Egypt + AD Ports mulls Chittagong port development                        <\/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\/05\/20\/today-gb-logistics-launches-350k-sq-km-bonded-warehouse-in-egypt-ad-ports-mulls-chittagong-port-development\/\" 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\/05\/20\/today-gb-logistics-launches-350k-sq-km-bonded-warehouse-in-egypt-ad-ports-mulls-chittagong-port-development\/')\">\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\/05\/20\/today-gb-logistics-launches-350k-sq-km-bonded-warehouse-in-egypt-ad-ports-mulls-chittagong-port-development\/\">\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=TODAY: GB Logistics launches 350k sq km bonded warehouse in Egypt + AD Ports mulls Chittagong port development&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/today-gb-logistics-launches-350k-sq-km-bonded-warehouse-in-egypt-ad-ports-mulls-chittagong-port-development\/\">\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\/05\/20\/today-gb-logistics-launches-350k-sq-km-bonded-warehouse-in-egypt-ad-ports-mulls-chittagong-port-development\/&title=TODAY: GB Logistics launches 350k sq km bonded warehouse in Egypt + AD Ports mulls Chittagong port development\">\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=TODAY%3A+GB+Logistics+launches+350k+sq+km+bonded+warehouse+in+Egypt+%2B+AD+Ports+mulls+Chittagong+port+development+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F20%2Ftoday-gb-logistics-launches-350k-sq-km-bonded-warehouse-in-egypt-ad-ports-mulls-chittagong-port-development%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\/05\/20\/today-gb-logistics-launches-350k-sq-km-bonded-warehouse-in-egypt-ad-ports-mulls-chittagong-port-development\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/451.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78636\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/today-gb-logistics-launches-350k-sq-km-bonded-warehouse-in-egypt-ad-ports-mulls-chittagong-port-development\/451-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/451.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"451.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/451.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/451.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78635\" class=\"content-area-description single-story post-78635 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-aviation tag-egypt tag-saudi-arabia tag-uae tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.8af09bc3-1443-4e17-8301-bd3cab46d32f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, ladies and gents. <\/strong>It\u2019s a busy start to the week in the regional logistics sector with updates piling up from every corner of our neck of the woods. Let\u2019s dive right in.<\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.evinnovationsummit.com\/\" style=\"\" rel=\"noopener\">The Electric Vehicle Innovation Summit<\/a><\/strong><strong> will open its doors today in Abu Dhabi and run <\/strong><strong>through to Wednesday.<\/strong> The event will see industry leaders come together to discuss sustainable mobility and tapping into groundbreaking advancements in electric vehicles while engaging with key decision-makers. <strong>Over in Riyadh, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/futureaviationforum.com\/en\" style=\"\" rel=\"noopener\">The Future Aviation Forum<\/a><\/strong><strong> is kicking off today and will wrap on <\/strong><strong>Wednesday.<\/strong> The event, organized by the General Authority of Civil Aviation, will see the Kingdom showcasing some USD 100 bn worth of investment options in the aviation and logistics sector at large. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Rescue teams are searching for <\/strong><strong>three Syrian crew members missing at sea from a <\/strong><strong>cargo ship that sank off Romania\u2019s Black Sea coast<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/romania-searching-three-missing-crew-after-ship-sinks-black-sea-2024-05-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Saturday, citing a statement by the Romanian naval authority. The Mohammed Z, a Turkish-owned vessel sailing under the flag of Tanzania, was heading from Istanbul to Sulina, Romania, <a target=\"_blank\" href=\"https:\/\/www.marinetraffic.com\/en\/maritime-news\/14\/accidents\/2024\/11222\/three-syrian-crewmembers-missing-after-turkish-ship-sinks-ne\" style=\"\" rel=\"noopener\">Marine Traffic<\/a> reports. It is not yet clear what caused the vessel to sink. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the first incident: <\/strong>Another <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f9cb5033-4d0e-43be-a772-019e9d8608be\/today:-war-risk-premiums-are-back-%2B-operations-in-the-rhine-river-to-resume-today\" style=\"\" rel=\"noopener\">Turkish cargo ship<\/a> sank in the Black Sea in late November after likely crashing into a breakwater off Eregli, killing one crewmember and leaving 11 missing. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a><\/strong><strong>#2- <\/strong><strong>UAE\u2019s Air Arabia is looking to expand its fleet size to 90 aircraft by year-end <\/strong><strong>with mo<\/strong><strong>re leased planes<\/strong>, CEO Adel Abdullah Ali told <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/aviation\/uaes-air-arabia-plans-to-lease-aircraft-to-raise-fleet-size-to-90-by-end-2024-ceo-1.1715844338233\" style=\"\" rel=\"noopener\">Gulf News<\/a> on Thursday. The company\u2019s current order book of 120 aircraft has been pushed from 4Q 2024 to 2H 2025 due to supply chain issues, leading the carrier to lease 10 airplanes last year and eight this year, he added. \u201cSo, we should be just over 90 airplanes by the end of 2024, which is within our target. In 2025, we will start receiving 120 orders in phases over five years,\u201d Ali said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Plans for the future:<\/strong> \u201cLet us look at the geopolitical (issues) and let the world become a calmer place. Let us (hope) the supply chain sorts itself out and all the engines in today's world become more mature. If all those happen, and the business continues to grow, we will need (more planes), and we will order,\u201d Ali said. Regarding whether the airline plans to acquire wide-body aircraft, Ali said \u201cwe continue to work on the 'If it's not broken, don't fix it' model. The business model is working\u2026 We don't feel a need to consider wide-body aircraft for now. What the future holds, I don\u2019t know.\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><\/strong><strong>#3- Saudi Arabia has plans to set up six new airports as well as nine additional <\/strong><strong>terminals at existing airports as part of its ambitious aviation strategy<\/strong>, General Authority of Civil Aviation (Gaca) President Abdulaziz Al Duailej told Al Arabiya last week (<a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2024\/05\/15\/-%D8%A7%D9%84%D8%B7%D9%8A%D8%B1%D8%A7%D9%86-%D8%A7%D9%84%D9%85%D8%AF%D9%86%D9%8A-%D9%84%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D9%86%D8%B9%D9%85%D9%84-%D8%B9%D9%84%D9%89-%D8%A7%D9%86%D8%B4%D8%A7%D8%A1-6-%D9%85%D8%B7%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D9%81%D9%8A-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9\" style=\"\" rel=\"noopener\">watch, runtime: 5:00)<\/a>. The Gaca chief said the private sector will have a key role in implementing the aviation strategy, which will see the sector opening up to privatization. He said the strategy aims to bring the sector\u2019s contribution to GDP to over SAR 8 bn by 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The targets: <\/strong>Gaca aims to double air freight capacity and the design capacity for cargo warehouses to reach 4.5 mn tons of cargo. It also aims to increase passenger numbers from 100 mn pre-pandemic to 330 mn and expand air connectivity from about 100 to more than 250 destinations by the end of the decade.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong><strong>Mawani could ban imports from 20 carmakers <\/strong>based on a request by the Saudi Standards, Metrology, and Quality Organization citing the exporters failure to submit their 2024 supply plans on time, <a target=\"_blank\" href=\"https:\/\/www.argaam.com\/en\/article\/articledetail\/id\/1728688\" style=\"\" rel=\"noopener\">Argaam<\/a> reported on Thursday, citing a Mawani circular. The report did not specify which carmakers could face a ban.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#4- UNDP estimates big Suez Canal losses if Gaza crisis continues:<\/strong> The UN Development Program (UNDP) estimates that the war in Gaza could cost Egypt\u2019s economy between USD 5.6 bn and USD 19.8 bn \u2014 1.6-5.2% of the country\u2019s annual average GDP \u2014 throughout the current and upcoming fiscal years, depending on how far the conflict escalates, according to a recent <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/1485.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Suez Canal and tourism revenues are expected to take a big hit<\/strong>, with the UN body penciling in a loss of between USD 3.7 bn and USD 13.7 bn during the course of the two fiscal years. The UNDP warned that lower FX inflows coupled with a widening current account deficit would strain the country\u2019s FX reserves and increase inflationary pressures.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale: <\/strong>The report assesses the economic impact of the Gaza war across three possible scenarios, all backdated to February 2024. These are a low-intensity scenario in which there is little regional escalation and the war lasts six months, a medium-intensity scenario in which there is limited regional escalation and the war lasts nine months, and a high-intensity scenario in which there is more significant regional escalation and the war lasts 12 months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Take it with a grain of salt:<\/strong> The report is based on information out until February 2024, meaning it doesn\u2019t take into account the float of the EGP or the USD bns of funds secured nu Egypt from the Gulf and international partners since then.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- <\/strong><strong>Iraq expects to halt gas imports by 2027<\/strong><strong> when domestic production is expected to <\/strong><strong>meet the country\u2019s needs<\/strong>, Iraqi parliamentarian Alaa Al Haidari told <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/oil-and-gas\/iraq-to-become-gas-self-sufficient-in-2027-official-b4d163bc\" style=\"\" rel=\"noopener\">INA<\/a> last week. The country awarded almost all of its 30 oil sites to foreign firms last week, spurring optimism that the country will be able to switch away from imports, Al Haidari said. Iraq imports some USD 5 bn worth of gas from Iran each year to meet shortages.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- Iran inked 21 contracts worth some USD 2.75 bn to develop \u201csea-based <\/strong><strong>technologies\u201d and promote maritime trade last week<\/strong>, <a target=\"_blank\" href=\"https:\/\/en.irna.ir\/news\/85478488\/Iran-signs-2-75-billion-worth-of-contracts-on-developing-sea-based\" style=\"\" rel=\"noopener\">IRNA<\/a> reported. The contracts include the purchase of five vessels slated for use on the International North-South Transit Corridor (INSTC), the construction of five additional vessels, the establishment of a smart dry port at Zahedan, the purchase and construction of some 40k TEUs, the purchase and construction of 12 container ships, and the purchase and construction of five methanol carrying ships, IRNA said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Iran closed a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/dd3dd663-7643-408d-90e4-2e8c78afe819\/iran-inks-10-year-agreement-with-india-for%253cmark%253e-chabahar%253c%2Fmark%253e-port-operation-and-development\" style=\"\" rel=\"noopener\">USD 370 mn 10-year contract<\/a> last week with India\u2019s Indian Ports Global Limited (IPGL) to manage and develop Chabahar port, with the move seeing pushback from Washington.<\/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\">DISRUPTION WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Global LNG trade has fragmented between the Atlantic and Pacific basins: <\/strong>Houthi-led attacks have closed the Red Sea to LNG shipments, forcing shippers to reroute around the southern tip of Africa in order to move LNG between the Atlantic and Pacific basins, limiting supplies and fragmenting the global LNG market, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-16\/red-sea-disruptions-are-splitting-global-lng-trade-into-regions?srnd=homepage-americas\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Thursday. \u201cAt the moment, more than ever, you have cargo segmentation of the two basins, and it will be more challenging economically to move a cargo from one basin to another,\u201d head of LNG trading at TotalEnergies, Patrick Dugas said. The new dynamics are forcing traders to look for buyers closer to where shipments are loaded, in a bid to save on transportations costs, especially as fuel costs rise leading up to winter, the outlet said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A possible solution is to swap cargoes by transporting US LNG to Europe<\/strong>, and finding replacement suppliers to meet contractual obligations in Asia, Bloomberg writes. US and Qatar-based LNG producers have been mulling the tactic since <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/eaa1c9f3-5643-4f6c-9f42-cabde6362af1\/companies-may-turn-to-new-trade-corridors-running-on-land-through-the-middle-east\" style=\"\" rel=\"noopener\">February<\/a> as a means to get around bottlenecks at the Suez and Panama canals.<\/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 hits highest prices since early May: <\/strong>Oil prices gained this morning as political instability looms upon news that Iran\u2019s president <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/hopes-fade-wreckage-found-helicopter-carrying-iranian-president-raisi-2024-05-20\/\" style=\"\" rel=\"noopener\">has died in a helicopter crash<\/a> and Saudi\u2019s ruling family grapples with <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/saudi-king-undergo-tests-due-high-fever-state-news-agency-says-2024-05-19\/\" style=\"\" rel=\"noopener\">a health crisis<\/a>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-prices-climb-amid-uncertainty-over-iran-presidents-fate-2024-05-20\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude reached USD 84.08 a barrel, its biggest gain since May 10 while US West Texas Intermediate crude (WTI) futures for June increased 1.1% to USD 80.01, its highest point since May 1, and the July contract was up to USD 83.75. June\u2019s contract will expire tomorrow.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Baltic index hits worst week in seven: <\/strong>The Baltic Exchange\u2019s dry bulk sea freight index was down 13.4% last week, its worst in seven on the back of weaker demand across vessel types, <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/baltic-index-marks-worst-week-in-seven-on-lower-vessel-demand\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Saturday. However, the index, \u2014 which tracks rates for the capesize, panamax, and supramax vessels \u2014 was up 1.49% to 1,844 points. The capesize subindex inched up 4.57% to 2,675 on Friday, but tumbled 18% for the week, while the panamax fell 1.08%, to 1,825, its lowest point since 17 April. The supramax index ticked down 20 points to 1,405.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Drewry\u2019s World Container Index (WCI) gained 11% to USD 3,5k per 40ft container <\/strong><strong>for the week ending Thursday<\/strong>, up 104% y-o-y, 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. The latest WCI index is also 147% greater than the average 2019 pre-pandemic rate of USD 1,420 per 40 ft container. Meanwhile, the average YTD composite index stands at USD 3,241, USD 524 above the USD 2,717 10-year average, Drewry added.<\/p>\n<p class=\"tag-border-left\">DATA POINTS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- I<\/strong><strong>ran\u2019s oil production jumped by 50k barrels per day in April<\/strong>, hitting a five-year high of 3.3 mn bpd and exceeding the previous month\u2019s 3.25 mn bpd produced, <a target=\"_blank\" href=\"https:\/\/en.mehrnews.com\/news\/215302\/Iran-oil-output-reaches-3-3-million-bpd-in-April-IEA\" style=\"\" rel=\"noopener\">Mehr News Agency<\/a> reported on Saturday, citing the International Energy Agency (IEA). The country\u2019s current oil production remains 300k bpd below figures recorded prior to US sanctions. Total OPEC oil production amounted to 26.97 mn bpd for the month. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Egypt\u2019s General Authority of Red Sea Ports handled 704k tons of <\/strong><strong>goods in April<\/strong>, an 11% increase y-o-y, according to a <a target=\"_blank\" href=\"https:\/\/www.maspero.eg\/economy\/2024\/05\/19\/779496\/%D9%85%D9%88%D8%A7%D9%86%D8%A6-%D8%A7%D9%84%D8%A8%D8%AD%D8%B1-%D8%A7%D9%84%D8%A3%D8%AD%D9%85%D8%B1-%D8%AA%D8%AF%D8%A7%D9%88%D9%84-704-%D8%A2%D9%84%D8%A7%D9%81-%D8%B7%D9%86-%D8%A8%D8%B6%D8%A7%D8%A6%D8%B9-%D8%B9%D8%A7%D9%85%D8%A9-%D9%88%D9%85%D8%AA%D9%86%D9%88%D8%B9%D8%A9-%D8%AE%D9%84%D8%A7%D9%84-%D8%A3%D8%A8%D8%B1%D9%8A%D9%84-%D8%A7%D9%84%D9%85%D8%A7%D8%B6%D9%8A#goog_rewarded\" style=\"\" rel=\"noopener\">statement<\/a>. Exports during the period stood at 500k tons, jumping 146% y-o-y, while imports totaled 204k tons. Safaga port handled 482k tons of goods, a 12% y-o-y rise, while the port of Suez handled 43k tons, an increase of 330% y-o-y. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>The MENA e-commerce sector saw a growth rate of 11.8% in 2023 hitting AED <\/strong><strong>106.5 bn<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b375km1-uae-e-commerce-market-reach-aed488-billion-2028\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Friday, citing the fourth edition of the E-commerce in the Middle East and North Africa 2023 report by EZDubai. The value of the sector is expected to nearly double by 2028 to AED 183.6 bn. The UAE\u2019s e-commerce market reached AED 27.5 bn in 2023, and is expected to surpass AED 48.8 bn by 2028.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Barbados will host<\/strong><strong><a target=\"_blank\" href=\"https:\/\/unctad.org\/\" style=\"\" rel=\"noopener\">UNCTAD<\/a><\/strong><strong>\u2019s<\/strong><strong><a target=\"_blank\" href=\"https:\/\/unctad.org\/conference\/global-supply-chain-forum-2024\" style=\"\" rel=\"noopener\">Global Supply Chain Forum<\/a><\/strong><strong> from Tuesday, 21 May to Friday, 24 May<\/strong> in Bridgetown. UNCTAD is holding the event in collaboration with the Government of Barbados, which aims to evaluate the role global supply chains have in supporting economic growth, creating jobs, and reducing poverty. Global industry leaders, policymakers and experts will convene to discuss forthcoming issues and explore innovative solutions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/comex.om\/2022\/\" style=\"\" rel=\"noopener\">Comex Technology Show<\/a><\/strong><strong> from Monday, 27 May to Saturday, 30 May<\/strong> in Muscat. The event will see representation from industry leaders and decision makers to showcase buyer potential in innovative technology, in transportation, logistics, energy and healthcare sectors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.propakmena.com\/en\/home.html\" style=\"\" rel=\"noopener\">ProPak MENA<\/a><\/strong><strong> from Sunday, 26 May to Tuesday, 28 May<\/strong> in Cairo. The conference will see F&B manufacturing industry professionals network and discover the latest equipment and logistic solutions for processing and packaging.<\/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.iata.org\/en\/pressroom\/2023-releases\/2023-06-05-03\/\" style=\"\" rel=\"noopener\">IATA Annual General Mee<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.iata.org\/en\/pressroom\/2023-releases\/2023-06-05-03\/\" style=\"\" rel=\"noopener\">ting and World Air Transport Summit<\/a><\/strong><strong> from <\/strong><strong>Sunday, 2 June to Tuesday, 4 June <\/strong>in Dubai. The event will bring together aviation industry players to showcase what can be achieved through supportive government policies and decisions. Airline leaders will make decisions during the event to formalize industry positions and set IATA\u2019s strategic agenda.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lebanon will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.emmc.me\/overview\/\" style=\"\" rel=\"noopener\">East Med Maritime Conference<\/a><\/strong><strong> on <\/strong><strong>Thursday, 27 June<\/strong> in Beirut. The event will gather industry leaders to discuss the latest developments in shipping, maritime, and offshore industries to discuss industry innovations, alternative fuels, and decarbonizing emissions in the maritime sector and ports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78637\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29638.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hassanallam.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/29594.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Investing in a sustainable future<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-41yuof3\" data-v=\"4\" data-block-id=\"41yuof3\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-41yuof3-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-41yuof3-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29636.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/transmar.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29590.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Your regional partner<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-k1br6hf\" data-v=\"4\" data-block-id=\"k1br6hf\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-k1br6hf-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-k1br6hf-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/29641.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/29586.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-right\" class=\"svg-inline--fa fa-chevron-right\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 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=\"78638\" 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=\"78638\">\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\">STORAGE + WAREHOUSES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/\">\r\n                            GB Logistics inaugurates new 350k sq km bonded warehouse facility                        <\/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\/05\/20\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/\" 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\/05\/20\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/')\">\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\/05\/20\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/\">\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=GB Logistics inaugurates new 350k sq km bonded warehouse facility&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/\">\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\/05\/20\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/&title=GB Logistics inaugurates new 350k sq km bonded warehouse facility\">\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=GB+Logistics+inaugurates+new+350k+sq+km+bonded+warehouse+facility+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F20%2Fgb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility%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\/05\/20\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1112.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78639\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/1112-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1112.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1112.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1112.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1112.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78638\" class=\"content-area-description single-story post-78638 post type-post status-publish format-standard has-post-thumbnail hentry category-storage-warehouses tag-storage-warehouses tag-supply-chains 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\/5\/.7ec1072f-18a9-4719-a241-66d76bd3c5a2.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>GB Logistics launches bonded warehouse operations: <\/strong>Egyptian integrated service provider <a target=\"_blank\" href=\"https:\/\/gb-corporation.com\/gb-logistics\/\" style=\"\" rel=\"noopener\">GB Logistics<\/a> has inaugurated a new 350k sqm bonded warehouse in Sadat City, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/1432.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SOUND SMART-<\/strong><strong> What is a bonded warehouse? <\/strong>A <a target=\"_blank\" href=\"https:\/\/lot.dhl.com\/glossary\/bonded-warehouse\/\" style=\"\" rel=\"noopener\">bonded warehouse<\/a> is an authorized storage facility that allows businesses to store their dutiable goods. Goods secured in a bonded warehouse include finished goods or products that need to undergo manufacturing operations. A <a target=\"_blank\" href=\"https:\/\/www.shipbob.com\/blog\/bonded-warehouse\/\" style=\"\" rel=\"noopener\">non-bonded warehouse<\/a> typically stores products on which duty has been already paid.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The Sadat City facility is situated strategically between Cairo, Alexandria Port, and other major Egyptian ports, which should increase operational efficiency, facilitate international trade, and provide cost benefits for importers and exporters, according to the press release. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The warehouse has tons of services: <\/strong>The bonded warehouse will provide services for businesses operating in the manufacturing, import and export, and agriculture sectors. Domestic and international companies can use it as a hub for storage, customs clearance, and export procedures. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About GB Logistics: <\/strong>GB Logistics is a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/99bfadb4-b952-4469-bd82-e789fa22f943\" style=\"\" rel=\"noopener\">subsidiary of GB Corp<\/a> \u2014 previously known as GB Auto Group. It is a multi-service provider that offers logistics operations to customers worldwide. The company provides international and domestic land transportation, warehousing, freight forwardings services, customs clearance, supply chain management, contract and third-party logistics, and transportation planning.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/storage-warehouses\/\">STORAGE + WAREHOUSES<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78640\" 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=\"78640\">\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\">Ports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/ad-ports-inks-agreement-to-explore-chittagong-port-development-and-operation\/\">\r\n                            AD Ports inks agreement to explore Chittagong port development and operation                        <\/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\/05\/20\/ad-ports-inks-agreement-to-explore-chittagong-port-development-and-operation\/\" 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\/05\/20\/ad-ports-inks-agreement-to-explore-chittagong-port-development-and-operation\/')\">\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\/05\/20\/ad-ports-inks-agreement-to-explore-chittagong-port-development-and-operation\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=AD Ports inks agreement to explore Chittagong port development and operation&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/ad-ports-inks-agreement-to-explore-chittagong-port-development-and-operation\/\">\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\/05\/20\/ad-ports-inks-agreement-to-explore-chittagong-port-development-and-operation\/&title=AD Ports inks agreement to explore Chittagong port development and operation\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=AD+Ports+inks+agreement+to+explore+Chittagong+port+development+and+operation+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F20%2Fad-ports-inks-agreement-to-explore-chittagong-port-development-and-operation%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\/05\/20\/ad-ports-inks-agreement-to-explore-chittagong-port-development-and-operation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1452.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78641\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/ad-ports-inks-agreement-to-explore-chittagong-port-development-and-operation\/1452-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1452.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1452.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1452.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1452.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78640\" class=\"content-area-description single-story post-78640 post type-post status-publish format-standard has-post-thumbnail hentry category-ports tag-bangladesh tag-ports tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.717a3c01-4f53-4529-bb09-7e21af265d81.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AD Ports has inked an agreement with Bangladesh\u2019s Chittagong Port <\/strong><strong>Authority to explore the development and operation of a multi-purpose port<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2024\/05\/16\/ad-ports-group-signs-mou-to-develop-multi-purpose-port-in-chittagong-bangladesh\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. Some 90% of Bangladesh\u2019s international trade is conducted through Chittagong ports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We knew this was coming: <\/strong>AD Port had reportedly been looking into constructing and managing one of four multipurpose terminals in Bangladesh\u2019s Bay Terminal in cooperation with the Chittagong Port Authority (CPA) with an investment of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b477681c-6fdc-4238-89df-db3debb6e0d7\/today:-ksa,-iran,-uae-and-egypt-are-now-brics-members\" style=\"\" rel=\"noopener\">USD 1 bn<\/a> back in January under a public-private partnership framework. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why this is significant:<\/strong> The UAE is considered as Bangladesh\u2019s second-largest remittance source and the volume of non-oil trade between the two countries exceeds USD 2 bn, according to AD\u2019s statement. Other gulf markets have also been eyeing Bangladesh as a potential market for trade including <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e2e3a675-da55-4e30-9669-5b4e017eb305\/medlog-close-to-finalizing-contracts-for-egypt%25e2%2580%2599s-10th-of-ramadan-dry-port-%2B-turkmenistan-gets-greenlight-to-join-instc.-plus:-news-from-jazeera-airways,-kuwait-airport,-oman%25e2%2580%2599s-opal-bio-pharma,-tunisia,-pegasus-airlines-and-menzies-aviation\" style=\"\" rel=\"noopener\">Oman\u2019s Opal Bio Pharma<\/a>. Saudi Arabia also plans to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f6e2b6bd-d5df-474d-a21a-076f5609561a\/iran-inks-trade-agreement-with-syria,-explores-boosting-trade-ties-with-more-countries.-plus:-more-from-ksa,-the-uae,-jordan,-qatar,-egypt-and-kuwait\" style=\"\" rel=\"noopener\">boost trade<\/a> with Bangladesh in several sectors, including logistics and manufacturing. Bangladesh has allocated 300 acres of land to establish an economic zone for Saudi Arabia in Bangabandhu Sheikh Mujib Shipla Nagar. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Others are eyeing Bangladesh: <\/strong>Saudi terminal operator Red Sea Gateway Terminal International also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a6297ff2-9358-46fc-9df3-a168844b3e87\" style=\"\" rel=\"noopener\">signed a 22-year concession agreement<\/a> for the Patenga Container Terminal in Chittagong last December. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/bangladesh\/\">Bangladesh<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ports\/\">PORTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78642 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"78642\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/78642\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78642\" class=\"content-area-description single-story post-78642 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78643\" 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=\"78643\">\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\">Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/abu-dhabi-launches-first-phase-of-virtual-corridors-cargo-movement-system\/\">\r\n                            Abu Dhabi launches first phase of Virtual Corridors Cargo Movement System                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/abu-dhabi-launches-first-phase-of-virtual-corridors-cargo-movement-system\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/abu-dhabi-launches-first-phase-of-virtual-corridors-cargo-movement-system\/')\">\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\/05\/20\/abu-dhabi-launches-first-phase-of-virtual-corridors-cargo-movement-system\/\">\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=Abu Dhabi launches first phase of Virtual Corridors Cargo Movement System&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/abu-dhabi-launches-first-phase-of-virtual-corridors-cargo-movement-system\/\">\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\/05\/20\/abu-dhabi-launches-first-phase-of-virtual-corridors-cargo-movement-system\/&title=Abu Dhabi launches first phase of Virtual Corridors Cargo Movement System\">\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=Abu+Dhabi+launches+first+phase+of+Virtual+Corridors+Cargo+Movement+System+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F20%2Fabu-dhabi-launches-first-phase-of-virtual-corridors-cargo-movement-system%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\/05\/20\/abu-dhabi-launches-first-phase-of-virtual-corridors-cargo-movement-system\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1429.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78644\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/abu-dhabi-launches-first-phase-of-virtual-corridors-cargo-movement-system\/1429-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1429.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1429.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1429.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1429.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78643\" class=\"content-area-description single-story post-78643 post type-post status-publish format-standard has-post-thumbnail hentry category-trade tag-cargo 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\/5\/.93b8cf8f-55a1-4788-8e17-828f51faf27d.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Virtual Corridors Cargo Movement System launched in Abu Dhabi: <\/strong>Abu Dhabi Customs\u2019 has launched the first phase of the Virtual Corridors Cargo Movement System to facilitate the movement of duty-suspended goods between customs ports, freezones, and bonded warehouses in the emirate, according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/economy\/abu-dhabi-customs-launches-first-phase-of-virtual-corridors-cargo-movement-system-in-the-emirate\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know:<\/strong> The first phase covers shipments and goods being transported from Khalifa Port to companies, freezone companies, and private customs warehouses established in Khalifa Economic Zones Abu Dhabi (Kezad), the statement notes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How it works:<\/strong> To access the facility, applications can be made through the approved digital platforms for customs services with the necessary details about shipments including information from the manifest or bill of lading, according to the statement. Once the application is approved, a cargo transfer certificate is issued instantly, and the shipment can be tracked through an electronic customs seal, according to the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Improving cargo transportation: <\/strong>The system will streamline the efficiency of trade operations by simplifying customs clearance processes and slashing costs of transporting duty-suspended goods between customs ports, according to the statement.<\/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 system operates in coordination with the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/topic\/federal-authority-for-identity-citizenship\/\" style=\"\" rel=\"noopener\">Federal Authority For Identity, Citizenship, Customs, and Port Security<\/a> which oversees identification and confirmation services for individuals across the UAE.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/cargo\/\">CARGO<\/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=\"78645\" 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=\"78645\">\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\">Equipment<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/dnata-plugs-usd-210-mn-into-new-gse-equipment\/\">\r\n                            Dnata plugs USD 210 mn into new GSE equipment                        <\/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\/05\/20\/dnata-plugs-usd-210-mn-into-new-gse-equipment\/\" 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\/05\/20\/dnata-plugs-usd-210-mn-into-new-gse-equipment\/')\">\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\/05\/20\/dnata-plugs-usd-210-mn-into-new-gse-equipment\/\">\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=Dnata plugs USD 210 mn into new GSE equipment&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/dnata-plugs-usd-210-mn-into-new-gse-equipment\/\">\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\/05\/20\/dnata-plugs-usd-210-mn-into-new-gse-equipment\/&title=Dnata plugs USD 210 mn into new GSE equipment\">\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=Dnata+plugs+USD+210+mn+into+new+GSE+equipment+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F20%2Fdnata-plugs-usd-210-mn-into-new-gse-equipment%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\/05\/20\/dnata-plugs-usd-210-mn-into-new-gse-equipment\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1481.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78646\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/dnata-plugs-usd-210-mn-into-new-gse-equipment\/1481-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1481.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1481.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1481.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1481.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78645\" class=\"content-area-description single-story post-78645 post type-post status-publish format-standard has-post-thumbnail hentry category-equipment tag-aviation tag-dnata tag-equipment 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\/5\/.dc27a665-2545-4daa-a723-6a3cd39ab834.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Dnata boosts GSE fleet:&nbsp;<\/strong>Dubai-based air services provider and Emirates Group subsidiary Dnata has inked USD 210 mn in five-year global framework contracts for new ground support equipment (GSE) at Dubai Airport Show, according to a <a target=\"_blank\" href=\"https:\/\/www.dnata.com\/media-centre\/dnata-announces-major-enhancements-to-global-ground-support-equipment-gse-fleet-at-dubai-airport-show\/\" style=\"\" rel=\"noopener\">statement<\/a> released last week. Dnata has so far committed to orders worth USD 29 mn, the statement said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Details:<\/strong> Eight unnamed international manufacturers will fulfill the GSE contracts, with deliveries beginning this month, Dnata said. The vehicle upgrades come in a bid to boost \u201cefficiency, safety and sustainability,\u201d across the outfit\u2019s global network which sees it providing services to more than 330 partner airlines. Dnata currently operates some 8k motorized GSE vehicles at 130 airports worldwide for ground handling, cargo, catering, and retail functions. The outfit\u2019s plans to boost fleet sustainability are not limited to electrifications, as it is also looking into investments in biodiesel, electric, and hybrid technologies, the company said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai will be a focus for the new investments:<\/strong> Under the agreements signed, Dnata\u2019s fleet at its Dubai hub will see an investment of over USD 100 mn in GSE. At present, Dnata operates 2.5k motorized GSE at Dubai International Airport and Dubai World Central Airport, serving over 190 airlines.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Dnata saw its bottomline boosted by <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/64a72921-f210-4a60-8422-494aef03a407\/emirates-group-reports-a-record-bottomline-jump-in-1q-2024\" style=\"\" rel=\"noopener\">upwards of 300% to AED 1.42 bn<\/a> in 1Q 2024, as parent company Emirates Group reported its \u201cbest financial results ever,\u201d in first quarter earnings published last week. The air services provider is also holding talks with 40 companies and has a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3c733e42-4816-4cad-8977-bb5749848f62\/today:-dp-world-electrifies-jebel-ali-freight-%2B-rsa-breaks-ground-on-jafza-cold-storage-facility\" style=\"\" rel=\"noopener\">slew of international mergers and acquisitions<\/a> in the pipeline as it looks to expand its global footprint.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dnata\/\">Dnata<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/equipment\/\">EQUIPMENT<\/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=\"78647 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=\"78647\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/78647\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78647\" class=\"content-area-description single-story post-78647 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\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=\"78648\" 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=\"78648\">\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\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/agility-bottomline-boosts-323-1-y-o-y-to-usd-30-5-mn-in-1q-2024\/\">\r\n                            Agility bottomline boosts 323.1% y-o-y to USD 30.5 mn in 1Q 2024                        <\/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\/05\/20\/agility-bottomline-boosts-323-1-y-o-y-to-usd-30-5-mn-in-1q-2024\/\" 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\/05\/20\/agility-bottomline-boosts-323-1-y-o-y-to-usd-30-5-mn-in-1q-2024\/')\">\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\/05\/20\/agility-bottomline-boosts-323-1-y-o-y-to-usd-30-5-mn-in-1q-2024\/\">\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=Agility bottomline boosts 323.1% y-o-y to USD 30.5 mn in 1Q 2024&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/agility-bottomline-boosts-323-1-y-o-y-to-usd-30-5-mn-in-1q-2024\/\">\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\/05\/20\/agility-bottomline-boosts-323-1-y-o-y-to-usd-30-5-mn-in-1q-2024\/&title=Agility bottomline boosts 323.1% y-o-y to USD 30.5 mn in 1Q 2024\">\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=Agility+bottomline+boosts+323.1%25+y-o-y+to+USD+30.5+mn+in+1Q+2024+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F20%2Fagility-bottomline-boosts-323-1-y-o-y-to-usd-30-5-mn-in-1q-2024%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\/05\/20\/agility-bottomline-boosts-323-1-y-o-y-to-usd-30-5-mn-in-1q-2024\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/628.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78649\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/agility-bottomline-boosts-323-1-y-o-y-to-usd-30-5-mn-in-1q-2024\/628-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/628.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"628.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/628.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/628.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78648\" class=\"content-area-description single-story post-78648 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-agility-logistics tag-earnings-watch tag-kuwait 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\/5\/.ec8f47f6-e4a2-41f4-8854-83888d1be3ef.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Kuwaiti logistics outfit Agility saw its bottomline surge 323.1% y-o-y to USD <\/strong><strong>30.5 <\/strong><strong>mn in 1Q 2024,<\/strong> according to a Wednesday ADX disclosure (<a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/1448.pdf\" style=\"\" rel=\"noopener\">pdf)<\/a>. The company also recorded a topline of USD 979.4 mn for the quarter, up 5.6% y-o-y. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Breakdown: <\/strong><\/p>\n<ul>\n<li>Agility\u2019s aviation unit \u2014 Menzies Aviation \u2014 saw revenues boost 14.4% y-o-y to USD 576.9 mn, on the back of boosted flight and cargo volumes due to the post-pandemic rebound in air transport. New contracts in South America and Europe, and a wider scope of operations in Iraq also contributed to better earnings.<\/li>\n<li>The outfit\u2019s fuel subsidiary Tristar saw a 8.4% fall in revenues for the period, due to ending contracts and vessel sales.<\/li>\n<li>Agility\u2019s warehousing subsidiary, Agility Logistics Parks (ALP), saw a 22% boost in revenues to USD 12.7 mn, on the back of greater demand for warehousing space in KSA.<\/li>\n<li>The book value of Agility\u2019s investments stood at USD 4.2 bn in 1Q 2024, with most of that value attributed to stakes in DNV and Reem Mall.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Agility <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/787d452c-0543-4155-83ba-081246c9e20a\/%253cmark%253eagility%253c%2Fmark%253e-gets-adx-green-light-for-direct-listing\" style=\"\" rel=\"noopener\">received approval<\/a> from the Abu Dhabi Securities Exchange (ADX) earlier this month to move forward with a technical listing of its operations and assets management unit, Agility Global, on the Abu Dhabi bourse.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/agility-logistics\/\">Agility Logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"78650\" 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=\"78650\">\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\">A MESSAGE FROM TRANSMAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/egypts-cement-industry-is-poised-for-export-expansion\/\">\r\n                            Egypt's Cement Industry is Poised for Export Expansion                        <\/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\/05\/20\/egypts-cement-industry-is-poised-for-export-expansion\/\" 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\/05\/20\/egypts-cement-industry-is-poised-for-export-expansion\/')\">\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\/05\/20\/egypts-cement-industry-is-poised-for-export-expansion\/\">\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=Egypt's Cement Industry is Poised for Export Expansion&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/egypts-cement-industry-is-poised-for-export-expansion\/\">\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\/05\/20\/egypts-cement-industry-is-poised-for-export-expansion\/&title=Egypt's Cement Industry is Poised for Export Expansion\">\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=Egypt%27s+Cement+Industry+is+Poised+for+Export+Expansion+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F20%2Fegypts-cement-industry-is-poised-for-export-expansion%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\/05\/20\/egypts-cement-industry-is-poised-for-export-expansion\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1421.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78651\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/egypts-cement-industry-is-poised-for-export-expansion\/1421-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1421.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1421.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1421.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1421.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78650\" class=\"content-area-description single-story post-78650 post type-post status-publish format-standard has-post-thumbnail hentry category-a-message-from-transmar tag-a-message-from-transmar tag-transmar 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\/5\/.8965c65e-ea3d-4547-9d9b-9f6bd145ced0.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt's cement industry is at a pivotal juncture.<\/strong> It\u2019s ready to leverage its surplus production, estimated to be around 35 mn tons, and its strategic location to extend its reach into key export markets such as the US, Western Europe, and West Africa. With more than 20 factories that are collectively capable of producing more than 90 mn tons of cement per annum, Egypt is well-equipped to meet the international market\u2019s rising demand for high-quality cement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Recent trends are already encouraging, with exports hitting 3.5 mn tons in 2023, reflecting a compound annual growth rate (CAGR) of 45% in the past five years. Egypt has been historically focused on supplying cement to its neighbors in Libya, Sudan, and Palestine, but recently cement producers have been able to reach markets further away including the highly competitive US market. But challenges persist in the form of pricing and logistics.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Unlike global trends that favor bulk shipments, Egypt predominantly exports cement in bagged form, placing it at a disadvantage in terms of FOB (FreeonBoard) pricing competitiveness compared to major bulk exporters like Turkey. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">In addition to packaging expenses, Egypt\u2019s cement factories are often located a significant distance away from its ports adding to transportation costs and FOB pricing. Industry players are however aware of these impediments and have taken proactive steps to enhance export competitiveness.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Establishing cement silo terminals inside ports that are strategically located near major production facilities is one way of addressing cost efficiency. Transmar sister company TCI, a leading Egyptian terminal operator, has spearheaded one such initiative in the Arish and West Port Said Ports. Terminals located within close proximity to key manufacturing hubs can minimize costs and maximize efficiency which will ultimately facilitate the efficient export of cement in bulk form.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">These types of initiatives will allow the cost of Egyptian cement products to align more closely with international bulk cement prices presenting a compelling proposition for international buyers, particularly those in the US and Western Europe, two key markets that hold huge potential for Egyptian cement exporters. The EU's introduction of the Carbon Border Adjustment Mechanism (CBAM) will further impact the rising cost of cement in the West and may drive an increased reliance on imports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Backed by surplus production capacity and a strategic location, Egypt's cement industry is well-positioned to capitalize on these evolving market dynamics. By embracing initiatives aimed at optimizing efficiency and reducing costs, Egyptian producers can enhance their competitiveness on the global stage.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/a-message-from-transmar\/\">A MESSAGE FROM TRANSMAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/transmar\/\">Transmar<\/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=\"78652\" 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=\"78652\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/china-and-egypt-enhance-transport-ties-uae-and-poland-boost-trade\/\">\r\n                            China and Egypt enhance transport ties + UAE and Poland boost trade                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/china-and-egypt-enhance-transport-ties-uae-and-poland-boost-trade\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/china-and-egypt-enhance-transport-ties-uae-and-poland-boost-trade\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/china-and-egypt-enhance-transport-ties-uae-and-poland-boost-trade\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=China and Egypt enhance transport ties + UAE and Poland boost trade&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/china-and-egypt-enhance-transport-ties-uae-and-poland-boost-trade\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/china-and-egypt-enhance-transport-ties-uae-and-poland-boost-trade\/&title=China and Egypt enhance transport ties + UAE and Poland boost trade\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=China+and+Egypt+enhance+transport+ties+%2B+UAE+and+Poland+boost+trade+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F20%2Fchina-and-egypt-enhance-transport-ties-uae-and-poland-boost-trade%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/china-and-egypt-enhance-transport-ties-uae-and-poland-boost-trade\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1478.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78653\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/china-and-egypt-enhance-transport-ties-uae-and-poland-boost-trade\/1478-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1478.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1478.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1478.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1478.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78652\" class=\"content-area-description single-story post-78652 post type-post status-publish format-standard has-post-thumbnail hentry category-diplomacy tag-diplomacy tag-egypt tag-iraq tag-saudi-arabia tag-trade tag-transport tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.a31271ce-e06a-484a-95e9-5b9df69f25d1.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>E<\/strong><strong>gypt + China eye stronger transport ties: <\/strong>Egyptian Transport Minister Kamel Al Wazir and Chinese counterpart Fei Dongbin have inked an MoU to build an electric light rail train connecting Al-Rehab and the Administrative Capital, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MinistryTransportation\/posts\/pfbid0VoBXZjSkTaCx9YSuXmgYe5VoSJo469TKTWJ39RFpW3BPakw9ieCzJVzsjPTp5Txrl?locale=ar_AR\" style=\"\" rel=\"noopener\">statement<\/a>. The National Tunnel Authority and data center solutions company <a target=\"_blank\" href=\"https:\/\/www.intel.com\/content\/www\/us\/en\/homepage.html\" style=\"\" rel=\"noopener\">Intel<\/a> will be involved in the project. The two sides also discussed potential cooperation in localizing the transport industry in Egypt, including manufacturing tractors and rail cars.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE, Poland to ramp up economic relations: <\/strong>Abu Dhabi\u2019s Department of Economic Development inked an agreement with the Polish province of Lubelski to promote trade and investment between the UAE and Poland, focusing on Abu Dhabi and the Lubelski District, according to an <a target=\"_blank\" href=\"https:\/\/twitter.com\/AbuDhabiDED\/status\/1790762966293397560\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/twitter.com\/AbuDhabiDED\/status\/1790762966293397560\" style=\"\" rel=\"noopener\">X post<\/a> by the Abu Dhabi Department of Economic Development posted last week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The agreement targets cooperation in food industries, machinery, cars, aviation, and information technology sectors<\/strong>, and will see a commercial representative office for Lubelski Governorate established in Abu Dhabi, <a target=\"_blank\" href=\"https:\/\/www.aletihad.ae\/news\/%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A\/4486211\/-%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9-%D8%A3%D8%A8%D9%88%D8%B8%D8%A8%D9%8A--%D8%AA%D9%88%D9%82%D8%B9-%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A9-%D9%85%D8%B9-%D9%85%D9%82%D8%A7%D8%B7%D8%B9%D8%A9-%D9%84%D9%88%D8%A8%D9%8A%D9%84%D8%B3%D9%83%D9%8A-%D8%A7%D9%84%D8%A8%D9%88%D9%84%D9%86%D8%AF%D9%8A%D8%A9\" style=\"\" rel=\"noopener\">Al Etihad<\/a> reported. Poland\u2019s Lubelski District will also organize economic missions and exhibitions to promote direct business activities with Emirati entrepreneurs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>KSA + Estonia to cooperate on transport tech: <\/strong>Saudi Arabia\u2019s Transport Minister Saleh bin Nasser AI Jasser and Estonian Climate Minister Kristen Michal signed an MoU to collaborate on emerging transportation technologies. (<a target=\"_blank\" href=\"https:\/\/twitter.com\/SaudiTransport\/status\/1790740404393890289\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<li><strong>Iraq wants data centers from Amazon:&nbsp;<\/strong>Iraq\u2019s Minister of Communication Hiyam Al Yasiri met with Amazon representatives to discuss potentially establishing a data center in Iraq to enhance the country\u2019s internet services. (<a target=\"_blank\" href=\"https:\/\/www.moc.gov.iq\/?article=764\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"78654\" 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=\"78654\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/emirates-skycargo-resumes-its-flights-to-nigeria-uae-ramps-up-evtol-industry-and-mawani-announces-new-licenses-and-permits\/\">\r\n                            Emirates SkyCargo resumes its flights to Nigeria, UAE ramps up eVTOL industry, and Mawani announces new licenses and permits                        <\/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\/05\/20\/emirates-skycargo-resumes-its-flights-to-nigeria-uae-ramps-up-evtol-industry-and-mawani-announces-new-licenses-and-permits\/\" 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\/05\/20\/emirates-skycargo-resumes-its-flights-to-nigeria-uae-ramps-up-evtol-industry-and-mawani-announces-new-licenses-and-permits\/')\">\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\/05\/20\/emirates-skycargo-resumes-its-flights-to-nigeria-uae-ramps-up-evtol-industry-and-mawani-announces-new-licenses-and-permits\/\">\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=Emirates SkyCargo resumes its flights to Nigeria, UAE ramps up eVTOL industry, and Mawani announces new licenses and permits&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/emirates-skycargo-resumes-its-flights-to-nigeria-uae-ramps-up-evtol-industry-and-mawani-announces-new-licenses-and-permits\/\">\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\/05\/20\/emirates-skycargo-resumes-its-flights-to-nigeria-uae-ramps-up-evtol-industry-and-mawani-announces-new-licenses-and-permits\/&title=Emirates SkyCargo resumes its flights to Nigeria, UAE ramps up eVTOL industry, and Mawani announces new licenses and permits\">\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=Emirates+SkyCargo+resumes+its+flights+to+Nigeria%2C+UAE+ramps+up+eVTOL+industry%2C+and+Mawani+announces+new+licenses+and+permits+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F20%2Femirates-skycargo-resumes-its-flights-to-nigeria-uae-ramps-up-evtol-industry-and-mawani-announces-new-licenses-and-permits%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\/05\/20\/emirates-skycargo-resumes-its-flights-to-nigeria-uae-ramps-up-evtol-industry-and-mawani-announces-new-licenses-and-permits\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1454.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78655\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/emirates-skycargo-resumes-its-flights-to-nigeria-uae-ramps-up-evtol-industry-and-mawani-announces-new-licenses-and-permits\/1454-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1454.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1454.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1454.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1454.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78654\" class=\"content-area-description single-story post-78654 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-aviation tag-emirates-skycargo tag-mawani tag-saudi-arabia 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\/5\/.bb86e0d8-6a68-4ab6-bc6f-ad4e4267e3dc.mp3\"><\/audio><\/figure>\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>Emirates is set <\/strong><strong>to resume flights to Nigeria starting 1 October <\/strong>with daily flights between Lagos and Dubai, it said in a <a target=\"_blank\" href=\"https:\/\/www.emirates.com\/media-centre\/emirates-returns-to-nigeria-from-1-october\/\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The airline\u2019s SkyCargo division will also offer over 300 tonnes of bellyhold cargo capacity in and out of Lagos weekly, in a bid to support trade between the UAE and Nigeria. The resumption to Nigeria opens up 19 more gateways in Africa with 157 flights per week from Dubai, and will reach an additional 130 points in Africa through its interline partnerships with South African Airways, Airlink, Royal Air Maroc, Tunis Air, among others, according to the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What's being transported<\/strong><strong>? <\/strong>SkyCargo will help Nigerian businesses export their goods and commodities including kola nuts, food and beverages, and urgent courier material to key markets including the UAE, Malaysia, Hong Kong, and Bahrain, according to the statement. Emirates SkyCargo will also import pharma products, electronics, and general cargo from the UAE, India, and Hong Kong.<\/p>\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>UAE\u2019s GCAA partners with <\/strong><strong>Skyports<\/strong><strong> to enhance air mobility standards: <\/strong>The General Civil Aviation Authority (GCAA) inked an MoU with the UK\u2019s <a target=\"_blank\" href=\"https:\/\/skyports.net\/\" style=\"\" rel=\"noopener\">Skyports<\/a><a target=\"_blank\" href=\"https:\/\/skyports.net\/\" style=\"\" rel=\"noopener\">Infrastructure<\/a> to enhance regulations for clean energy powered vertiports in the UAE, according to a <a target=\"_blank\" href=\"https:\/\/www.gcaa.gov.ae\/en\/news-details?NewsId=pJt1wi5BEVsLdDMXgl59tQ==\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. The agreement aims to develop standards for hybrid vertiport operations, maximize the use of existing infrastructure, and advance the UAE\u2019s adoption of air mobility. Building on the world's first <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/5\/1431.pdf\" style=\"\" rel=\"noopener\">national regulation (pdf)<\/a> for vertiports published by the GCAA in 2023, the MoU seeks to integrate emerging technologies into the aviation sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND- <\/strong>The GCAA granted operational approval to Abu Dhabi Investment Office (ADIO) and Abu Dhabi Mobility (AD Mobility) to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e24e86b3-7ffd-4bf0-8630-1be98c1906ec\/uae-gets-its-first%253cmark%253e-vertiport%253c%2Fmark%253e-%2B-signs-several-evtol-agreements\" style=\"\" rel=\"noopener\">launch the country\u2019s inaugural vertiport<\/a> \u2014 a micro-scale airport designed for electric vertical take-off and landing (eVTOL) aircrafts last month. AD Mobility \u2014 which represents Abu Dhabi\u2019s Department of Municipalities and Transport \u2014 is set to regulate the advanced air mobility sector in Abu Dhabi by working in conjunction with GCAA. The GCAA plans to launch air taxis by 1Q 2026. <\/p>\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>Daily flights between Cairo and Delhi?<\/strong> EgyptAir is considering launching daily flights between Cairo and Delhi on the back of stronger traffic between the two capitals, <a target=\"_blank\" href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/egyptair-plans-to-increase-frequency-of-its-delhi-cairo-flights-make-it-a-daily\/articleshow\/110232804.cms\" style=\"\" rel=\"noopener\">The Times of India<\/a> reports, citing a statement from the airline. EgyptAir has been running four weekly flights between the two capitals since August 2023.<\/p>\n<p class=\"tag-border-left\">PORTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA\u2019s General Ports Authority (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\/\" style=\"\" rel=\"noopener\">Mawani<\/a><\/strong><strong>) has introduced new licenses and permits <\/strong><strong>to boost port services in the Kingdom<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.mawani.gov.sa\/article?news=51524&amp;language=ar\" style=\"\" rel=\"noopener\">statement<\/a> released last week. The new measures aim to enhance efficiency, quality, and transparency in maritime guidance, port operations, ship maintenance, and container handling. The permits also cover services including vessel refueling and waste management.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Bahrain returning Syria flights:<\/strong> Bahrain is set to resume flights to Syria from Bahrain International Airport, with the flight details to be announced soon. (<a target=\"_blank\" href=\"https:\/\/www.bna.bh\/en\/CivilAviationAffairsSchedulingregularflightstoSyriaapproved.aspx?cms=q8FmFJgiscL2fwIzON1%2bDkIxbQ3j8bRu8QtHjI0jaIM%3d\" style=\"\" rel=\"noopener\">BNA<\/a>)<\/li>\n<li><strong>N<\/strong><strong>oatum expands into Turkey: <\/strong>AD Ports subsidiary Noatum Logistics has opened a Noatum Maritime office in Turkey. The office will offer integrated services across the maritime operation chain locations in Istanbul and Izmir. (<a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2024\/05\/17\/noatum-launches-maritime-services-in-turkey\" style=\"\" rel=\"noopener\">Press release<\/a>) <\/li>\n<li><strong>Iran + Turkey kickstart electricity trade: <\/strong>CEO of Iran\u2019s Power Generation, Distribution, and Transmission Management Company (Tavanir) Mostafa Rajabi Mashhadi and Turkey\u2019s Energy and Natural Resources Minister Alparslan Bayraktar discussed commencing electricity trade between Iran and Turkey. (<a target=\"_blank\" href=\"https:\/\/www.tasnimnews.com\/en\/news\/2024\/05\/18\/3087572\/iran-turkey-start-electricity-trade\" style=\"\" rel=\"noopener\">Tasnim News Agency<\/a>)<\/li>\n<li><strong>DP World\u2019s Chennai Terminal receives its deepest vessel yet:&nbsp;<\/strong>DP World\u2019s Chennai Container Terminal Pvt Ltd (CCTPL) has welcomed its deepest container vessel yet, the APL Boston, which boasts a 14.9 meter draft and a capacity of 9.3k TEUs. (<a target=\"_blank\" href=\"https:\/\/x.com\/PortofChennai\/status\/1789503845787431385\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Invest Qatar + Boeing set up Boeing Aerospace Doha:<\/strong> Qatar\u2019s Investment Promotion Agency (Invest Qatar) and Boeing have inked an agreement to establish a permanent legal entity \u2014 Boeing Aerospace Doha LLC \u2014 in Qatar to strengthen the local aerospace sector through research, technology, and innovation, as well as to drive sustainable aviation. (<a target=\"_blank\" href=\"https:\/\/www.invest.qa\/en\/media-and-events\/news-and-articles\/invest-qatar-and-boeing-sign-mou-to-drive-aerospace-industry-growth\" style=\"\" rel=\"noopener\">Press release<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/emirates-skycargo\/\">Emirates SkyCargo<\/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\/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=\"78656\" 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=\"78656\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/us-imports-from-chinese-reliant-vietnam-hike-amidst-tariffs-war\/\">\r\n                            US imports from Chinese-reliant Vietnam hike amidst tariffs war                        <\/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\/05\/20\/us-imports-from-chinese-reliant-vietnam-hike-amidst-tariffs-war\/\" 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\/05\/20\/us-imports-from-chinese-reliant-vietnam-hike-amidst-tariffs-war\/')\">\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\/05\/20\/us-imports-from-chinese-reliant-vietnam-hike-amidst-tariffs-war\/\">\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=US imports from Chinese-reliant Vietnam hike amidst tariffs war&url=https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/us-imports-from-chinese-reliant-vietnam-hike-amidst-tariffs-war\/\">\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\/05\/20\/us-imports-from-chinese-reliant-vietnam-hike-amidst-tariffs-war\/&title=US imports from Chinese-reliant Vietnam hike amidst tariffs war\">\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=US+imports+from+Chinese-reliant+Vietnam+hike+amidst+tariffs+war+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F05%2F20%2Fus-imports-from-chinese-reliant-vietnam-hike-amidst-tariffs-war%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\/05\/20\/us-imports-from-chinese-reliant-vietnam-hike-amidst-tariffs-war\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/61.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"78657\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/05\/20\/us-imports-from-chinese-reliant-vietnam-hike-amidst-tariffs-war\/61-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/61.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"61.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/61.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2019\/8\/61.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78656\" class=\"content-area-description single-story post-78656 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-boeing tag-maersk 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\/5\/.60082d39-2ebd-40bf-935c-675a85f07d11.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I<\/strong><strong>s China indirectly exporting to the US?<font face=\"Arial\">&nbsp;<\/font><\/strong>The US has boosted imports from Vietnam to make up for reduced trade from China but the country is heavily reliant on Chinese inputs for much of its exports, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/us-hikes-china-tariffs-imports-soar-china-reliant-vietnam-2024-05-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday, citing data confirmed by the World Bank and supply chain experts. Chinese exports to Vietnam now match almost exactly China\u2019s exports to the US in terms of value over the past few years. \u201cThe surge in Chinese imports in Vietnam coinciding with the increase in Vietnamese exports to the US may be seen by the US as Chinese firms using Vietnam to skirt the additional tariffs imposed on their goods,\u201d lead economist at BMI Darren Tay told the newswire.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- The US <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3c733e42-4816-4cad-8977-bb5749848f62\" style=\"\" rel=\"noopener\">went on the offensive<\/a><\/strong><strong> in the trade war with China last week <\/strong>announcing a raft of tariff increases on USD 18 bn worth of Chinese imports that will each begin taking effect between 2024 and 2026. Biden has his eyes set on green tech, deciding that tariffs on Chinese EVs will quadruple to 100%, those on lithium-ion EV batteries to more than triple to 25%, those on solar cells to double to 50%. And he hasn\u2019t forgotten about semiconductors, as tariffs on chips from the world\u2019s second biggest economy are set to double to 50%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ukraine <\/strong><strong>launched 62 drones attacks into Russian regions forcing an oil refinery in the <\/strong><strong>southern part of the country to shut down operations<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/russia-says-ukraine-struck-crimea-with-atacms-60-drones-shot-down-oil-refinery-2024-05-19\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Six drones reportedly crashed into the area where the oil refinery is located in Slavyansk. The attacks are the latest in a long string of incidents where each country has targeted the other\u2019s energy facilities. Russian <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/6eb9cf54-89ee-4b47-9734-f95bd5a5cf5a\" style=\"\" rel=\"noopener\">missiles recently struck<\/a> power facilities in Ukraine, damaging four out of six thermal power plants that belonged to DTEK, Ukraine\u2019s largest privacy electricity firm. <\/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>Indonesia revises import rule to release containers stuck at port: <\/strong>Indonesia has updated an import restriction in a bid to release thousands of containers held up at its ports. The country has removed permits for cosmetics, bags, and valves as well as technical licenses previously needed for electronic shipments. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-05-17\/indonesia-eases-import-rule-for-some-goods-to-clear-containers?srnd=economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/li>\n<li><strong>Boeing shareholders re-elect CEO to board:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/www.boeing.com\/\" style=\"\" rel=\"noopener\">Boeing<\/a> shareholders have voted to retain outgoing CEO Dave Calhoun on the company's board. Calhoun assured investors that the firm is on the right path amid the current safety crisis. (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/05\/17\/boeing-calhoun-reelected-shareholder-vote.html\" style=\"\" rel=\"noopener\">CNBC<\/a>) <\/li>\n<li><strong>Maersk inaugurates new cross dock facility:&nbsp;<\/strong>Maersk has inaugurated a specialized cross dock warehouse at its Maasvlakte II terminal in Rotterdam to help facilitate the flow of cargo arriving from the Benelux, Germany, and France. Once unpacked, the cargo can be transloaded to trucks and dispatched to its final destination within hours. (<a target=\"_blank\" href=\"https:\/\/www.maersk.com\/news\/articles\/2024\/05\/14\/maersk-speeds-up-supply-chains-in-europe-with-new-cross-dock-facility\" style=\"\" rel=\"noopener\">Press release<\/a>)<\/li>\n<li><strong>Omoda + <\/strong><strong>Jaecoo<\/strong><strong> UK tap DHL Supply Chain for UK warehousing:&nbsp;<\/strong>DHL Supply Chain has been appointed by Chinese car manufacturer Chery Automobiles Omoda and Jaecoo UK to provide warehousing for spare parts, accessories, components including batteries for electric and hybrid vehicles. (<a target=\"_blank\" href=\"https:\/\/www.dhl.com\/gb-en\/home\/press\/press-archive\/2024\/dhl-supply-chain-partners-with-omoda-and-jaecoo-as-they-enter-the-uk-automotive-market.html\" style=\"\" rel=\"noopener\">Press release<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/boeing\/\">Boeing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/maersk\/\">Maersk<\/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=\"78658\" 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\/05\/20\/78658\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-78658\" class=\"content-area-description single-story post-78658 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\">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>18-21 May (Saturday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/en.mehrnews.com\/news\/214594\/Tehran-hosts-meeting-of-ECO-heads-of-railway-authorities\" style=\"\">Exhibition of Rail Transportation and Related Industries<\/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>20-22 May (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/futureaviationforum.com\/en\" style=\"\">Future Aviation 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>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:\/\/aci.aero\/events\/aci-asia-pacific-aci-world-annual-general-assembly-conference-and-exhibition-waga\/\" 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 (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<\/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 (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 (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>2-3 June (Sunday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/osvconference.com\/\" style=\"\">Offshore Support Vessels Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">5 June (Wednesday): Digital Transformation Summit, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>5-7 June (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/key-notion.com\/sustainability-world-summit-frankfurt-2024\/\" style=\"\">Sustainability World Summit<\/a><\/span><span style=\"font-weight:400;\">, Frankfurt, Germany.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>6-7 June (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.neventum.com\/tradeshows\/supply-chain-innovation-summit\" style=\"\">Supply Chain Innovation Summit<\/a><\/span><span style=\"font-weight:400;\">, Amsterdam, Netherlands.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>6-7 June (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.sustain-lgsts.com\/\" style=\"\">International Symposium on Sustainable Logistics<\/a><\/span><span style=\"font-weight:400;\">, Mersin, Turkey.<\/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>11-13 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tocevents-europe.com\/en\/home.html\" style=\"\">Terminal Operations Conference & Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Rotterdam, Netherlands.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26-27 June (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/decarbonizingforum.com\/\" style=\"\">Decarbonizing Shipping Forum<\/a><\/span><span style=\"font-weight:400;\">, Rotterdam, Netherlands.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>27 June (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>29 June (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/GAFIEG\/posts\/pfbid0z8DptHmmjFty9qi3uNQxWFdoS5TVBQJPD2HPdnpCk2CxuGy2svK8zMXzK8QpnQsvl\" style=\"\">The Investment Conference<\/a><\/span><span style=\"font-weight:400;\"> in cooperation with the European Union, Brussels. <\/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;\">JULY<\/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 July (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aci-europe-events.org\/\" style=\"\">ACI Europe Annual Congress<\/a><\/span><span style=\"font-weight:400;\">, Istanbul, Turkey.<\/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;\">14 July (Friday): AI Integration and Autonomous Mobility, Berlin, Germany.<\/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;\">SEPTEMBER<\/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>18-19 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudimaritimecongress.com\/en\/home.html\" style=\"\">Saudi Maritime & Logistics Congress<\/a><\/span><span style=\"font-weight:400;\">, Dammam, KSA. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>23-25<\/span><span> September <\/span><span>(Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldfzo.org\/Events\/Upcoming-Events\/id\/702\/zones-and-the-shifting-global-economic-structures-unlocking-new-investment-avenues\" style=\"\">World<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldfzo.org\/Events\/Upcoming-Events\/id\/702\/zones-and-the-shifting-global-economic-structures-unlocking-new-investment-avenues\" style=\"\">Freezones<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.worldfzo.org\/Events\/Upcoming-Events\/id\/702\/zones-and-the-shifting-global-economic-structures-unlocking-new-investment-avenues\" style=\"\">Organization\u2019s Annual International Conference and Exhibition (AICE)<\/a><\/span><span> ,<\/span><span> Dubai, UAE. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span 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;\">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, UAE. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>7-9 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 (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, Belgium.<\/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>21-22 October (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/smartportstransformation.com\/\" style=\"\">Smart Ports & Logistics Transformation Summit<\/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>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>22-24 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/globalportsforum.com\/singapore-to-host-gpf\/\" style=\"\">Global Ports Forum<\/a><\/span><span style=\"font-weight:400;\">, Singapore.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"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, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>13-15 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 Show<\/a><\/span><span style=\"font-weight:400;\">, Damman, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-19 November (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.g20.org\/en\/about-the-g20\/summit-rio-2024\" style=\"\">G20 Summit<\/a><\/span><span style=\"font-weight:400;\">, Rio de Janeiro, Brazil.<\/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>10-12 December (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mebaa.aero\/\" style=\"\">Middle East Business Aviation<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight: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 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>16-17 April: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/globalportsforum.com\/dubai-to-host-gpf\/\" 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>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\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>GB Logistics opens bonded warehouse in Egypt | AD Ports mulls Chittagong port development | Abu Dhabi launches Virtual Corridors Cargo Movement System<\/p>\n","protected":false},"featured_media":78634,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-78633","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"ab9f72bf-17c0-4148-900c-4b51a3daf3d9","teaser":"GB Logistics opens bonded warehouse in Egypt | AD Ports mulls Chittagong port development | Abu Dhabi launches Virtual Corridors Cargo Movement System","photo_url":"https:\/\/ent.news\/2024\/2\/1179.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>GB Logistics inaugurates new 350k sq km bonded warehouse facility - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GB Logistics inaugurates new 350k sq km bonded warehouse facility\" \/>\n<meta property=\"og:description\" content=\"GB Logistics opens bonded warehouse in Egypt | AD Ports mulls Chittagong port development | Abu Dhabi launches Virtual Corridors Cargo Movement System\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Logistics\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T14:39:55+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1179.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/\",\"name\":\"GB Logistics inaugurates new 350k sq km bonded warehouse facility - Logistics\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1179.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-05-20T00:00:00+00:00\",\"dateModified\":\"2025-12-15T14:39:55+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1179.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1179.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/logistics\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/logistics\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"GB Logistics inaugurates new 350k sq km bonded warehouse facility\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"name\":\"Logistics\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\",\"name\":\"Logistics\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/29618.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/29618.svg\",\"caption\":\"Logistics\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"GB Logistics inaugurates new 350k sq km bonded warehouse facility - Logistics","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/","og_locale":"en_US","og_type":"article","og_title":"GB Logistics inaugurates new 350k sq km bonded warehouse facility","og_description":"GB Logistics opens bonded warehouse in Egypt | AD Ports mulls Chittagong port development | Abu Dhabi launches Virtual Corridors Cargo Movement System","og_url":"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/","og_site_name":"Logistics","article_modified_time":"2025-12-15T14:39:55+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1179.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/","url":"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/","name":"GB Logistics inaugurates new 350k sq km bonded warehouse facility - Logistics","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1179.jpg?fit=%2C&ssl=1","datePublished":"2024-05-20T00:00:00+00:00","dateModified":"2025-12-15T14:39:55+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1179.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1179.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/logistics\/issues\/gb-logistics-inaugurates-new-350k-sq-km-bonded-warehouse-facility\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/logistics\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/logistics\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"GB Logistics inaugurates new 350k sq km bonded warehouse facility"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/logistics\/#website","url":"https:\/\/enterpriseam.com\/logistics\/","name":"Logistics","description":"","publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/logistics\/#organization","name":"Logistics","url":"https:\/\/enterpriseam.com\/logistics\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/29618.svg","contentUrl":"https:\/\/ent.news\/internal\/29618.svg","caption":"Logistics"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/78633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/78633\/revisions"}],"predecessor-version":[{"id":78676,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/78633\/revisions\/78676"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media\/78634"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media?parent=78633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/categories?post=78633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/tags?post=78633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}