{"id":79433,"date":"2024-07-02T00:00:00","date_gmt":"2024-07-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=79433"},"modified":"2025-12-15T14:52:26","modified_gmt":"2025-12-15T14:52:26","slug":"adnoc-ls-sinks-usd-2-5-bn-into-expanding-its-lng-carrier-fleet","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/adnoc-ls-sinks-usd-2-5-bn-into-expanding-its-lng-carrier-fleet\/","title":{"rendered":"Adnoc L&#038;S sinks USD 2.5 bn into expanding its LNG carrier fleet"},"content":{"rendered":"<section id=\"79435\" 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=\"79435\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div 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style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Good morning, folks. <\/strong><span style=\"background-color: transparent;\">It\u2019s a quieter morning on the news front, but we have a handful of updates on all those green hydrogen agreements inked in Egypt this week along with a significant update from Adnoc.<\/span><\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.aci-europe-events.org\/\" style=\"\" rel=\"noopener\">ACI Europe Annual Congress<\/a><\/strong><strong> is kicking off today in Istanbul and will run until Thursday.<\/strong> The event will gather airport executives and representatives from airports, airlines, aircraft manufacturers, and other stakeholders globally to discuss the aviation industry, geopolitics, sustainability, and the diversification of revenues.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong><a id=\"wwtt1\"><\/a>#1- Egypt\u2019s Arab<\/strong><strong> Contractors is in <\/strong><strong>talks with Afreximbank over a USD 50 mn loan to fund its logistics services area near the Suez Canal<\/strong>, managing director Mohamed Mandour told <a target=\"_blank\" href=\"https:\/\/x.com\/AsharqbEGY\/status\/1807065240653254996\" style=\"\" rel=\"noopener\">Asharq Business<\/a>. The area will serve the mostly agricultural area of El Salheya and house warehouses along with foreign and locally owned factories.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#2- <\/strong><strong>Danish shipping firm Maersk has dropped out of the acquisitions race to snap up <\/strong><strong>logistics firm DB <\/strong><strong>Schenker<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/maersk-withdraws-db-schenker-sales-process-2024-07-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The company conducted an in-depth investigation into the firm and \u201cidentified areas of challenges from an integration perspective,\u201d leading it to conclude that \u201cacquiring DB Schenker would not be the right thing to do for [their] business at this time,\u201d Maersk CEO Vincent Clerc said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Deutsche Bahn had chosen <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/c71757f0-4b42-4dec-8de4-b79281b5decd\/today:-eagl-snaps-up-95%2525-of-ticts-%2B-ksa-launches-new-ring-road\" style=\"\" rel=\"noopener\">last month<\/a> Maersk, DSV, Saudi national shipping carrier Bahri, and CVC\u2019s consortium with Abu Dhabi Investment Authority (ADIA) and GIC for the final round of bidding for its logistics subsidiary DB Schenker. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong><a id=\"wwtt3\"><\/a>#3- <\/strong><strong>India and Iran are looking to fasttrack a new 700 km railway between Iran\u2019s Chabahar <\/strong><strong>Port and Zahedan city<\/strong>, two officials told <a target=\"_blank\" href=\"https:\/\/indiashippingnews.com\/india-and-iran-planning-to-restart-rail-connectivity-project-between-chabahar-and-zahedan\/\" style=\"\" rel=\"noopener\">India Shipping News<\/a>. The rail route, part of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d62e806c-caac-4f39-b1a3-fd7e1a3764ab\" style=\"\" rel=\"noopener\">International North-South Transport Corridor<\/a>, will accelerate the movement of container and dry bulk cargo between the two countries. An MoU to develop the railway line was inked between India\u2019s Indian Railways\u2019 IRCON and Iranian Railways\u2019 Construction and Development of Transportation Infrastructure Company back in 2016, according to the news outlet.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>A USD 370 mn 10-year contract was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/dd3dd663-7643-408d-90e4-2e8c78afe819\" style=\"\" rel=\"noopener\">signed in May<\/a> between Indian Ports Global Limited (IPGL) and the Port &amp; Maritime Organisation of Iran to manage and develop Chabahar port.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- The US Justice Department plans to criminally <\/strong><strong>charge Boeing with fraud over two 737 MAX crashes in 2018 and 2019 that resulted in 346 fatalities<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/legal\/us-pushes-boeing-plead-guilty-connection-with-fatal-crashes-sources-say-2024-06-30\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing sources with knowledge of the matter. The US Justice Department is reportedly pushing for Boeing to avoid a lengthy trial by pleading guilty and paying a USD 487.2 mn penalty \u2014 of which Boeing would only pay half of due to a previous settlement \u2014 in addition to being placed under three-year oversight by an independent monitor. Boeing will be taken to trial if it refuses the offer and has until the end of the week to respond, the newswire writes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- Ships will start carrying less heavy fuel in the Arctic: <\/strong>The United Nations' <a target=\"_blank\" href=\"https:\/\/www.imo.org\/en\" style=\"\" rel=\"noopener\">International<\/a><a target=\"_blank\" href=\"https:\/\/www.imo.org\/en\" style=\"\" rel=\"noopener\">Maritime Organization (IMO)<\/a> has implemented a regulation banning ships from using or carrying heavy bunker fuel oil (HFO) in Arctic waters yesterday, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/climate-energy\/new-fuel-restrictions-ships-arctic-fall-short-green-groups-say-2024-07-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The ban, which was adopted by IMO in 2021 and took effect on July 1, aims to prevent HFO spills that could harm the region's delicate ecosystem and species and will cut around a third of HFO carried and 16% of HFO used in Arctic waters. The regulation will be fully enforced by 2029, following the expiration of several exemptions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The regulation isn\u2019t in full effect yet: <\/strong>The regulation has exemptions which currently apply to ships built since 2017 with protected fuel tanks, reducing the likelihood of spills. Arctic coastal nations have the authority to issue waivers for ships operating in sovereign waters until 2029, with more than half of the 2019 Arctic fleet eligible for waivers. Canada, for instance, plans to issue waivers for vessels supplying food and fuel to Arctic communities until 2026. Environmental groups argue that the ban falls short, as it does not fully address the issue of black carbon emissions from ships, which accelerate ice melting due to the climate crisis. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s still a bumpy road:<\/strong> The enforcement of the new HFO regulations may be influenced by Western sanctions and the compliance of Russia, which has yet to implement the ban. The impact of the sanctions has already been seen in the delayed enforcement of high sulphur fuel oil regulations globally. <\/p>\n<p class=\"tag-border-left\">DISRUPTION WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Yemen\u2019s Houthis have claimed responsibility for attacking four ships on the Red <\/strong><strong>Sea and Mediterranean in the past week<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/ukmto-ships-captain-reports-five-missiles-landed-nearby-red-sea-2024-06-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. US forces also destroyed seven Houthi drones and a control station vehicle within Yemen, the US Central Command <a target=\"_blank\" href=\"https:\/\/x.com\/CENTCOM\/status\/1806836864424276406\" style=\"\" rel=\"noopener\">post on X<\/a>. <\/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>O<\/strong><strong>il prices <\/strong><strong>maintained a two-month high on back of increased summer demand and fear <\/strong><strong>of disruption by <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/americas\/extremely-dangerous-hurricane-beryl-hurtles-towards-caribbean-2024-07-01\/\" style=\"\" rel=\"noopener\">Hurricane Beryl<\/a><\/strong><strong> on US oil refining and offshore production<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-holds-near-two-month-high-higher-demand-outlook-possible-rate-cut-2024-07-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures registered USD 86.80 a barrel by 03.13 GMT, while US West Texas Intermediate crude futures rose to USD 83.53 a barrel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Drewry LNG Shipping Equity Index spiked up 26.4% as of 27 June<\/strong>, outperforming the S&amp;P 500, which rose 14.9 during the same period, <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/drewry-lng-shipping-equity-index-up-26-4-so-far-in-2024\/\" style=\"\" rel=\"noopener\">Drewry<\/a> reports. Gains in the index were driven by a boost to Nakilat and Golar LNG stock prices, which were buoyed by Nakilat\u2019s order of 25 conventional LNG vessels and nine QC-Max LNG ships from QatarEnergy, as well as growing interest from potential buyers in Golar FLNG solution, Drewry said.<\/p>\n<p class=\"tag-border-left\">PSA-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>German shipping giant Hapag-Lloyd\u2019s terminal and infrastructure arm has <\/strong><strong>rebanded to Hanseatic Global Terminals<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.hapag-lloyd.com\/en\/company\/press\/releases\/2024\/07\/hanseatic-global-terminals--a-new-brand-to-strengthen-and-expand.html\" style=\"\" rel=\"noopener\">statement<\/a>. Hanseatic manages a portfolio of 20 container terminals in 11 countries including Terminal TC3 in Morocco\u2019s Tangier Port and Terminal 2 in Egypt\u2019s Damietta Port.<\/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\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\" 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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=\"79438\" 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=\"79438\">\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\">Investment Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/02\/andoc-ls-inks-usd-2-5-bn-lng-carrier-contract-with-samsung-heavy-industries-hanwha-ocean\/\">\r\n                            Andoc L&amp;S inks USD 2.5 bn LNG carrier contract with Samsung Heavy Industries + Hanwha Oceanx                        <\/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\/07\/02\/andoc-ls-inks-usd-2-5-bn-lng-carrier-contract-with-samsung-heavy-industries-hanwha-ocean\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img 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href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/02\/andoc-ls-inks-usd-2-5-bn-lng-carrier-contract-with-samsung-heavy-industries-hanwha-ocean\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2549.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79439\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/02\/andoc-ls-inks-usd-2-5-bn-lng-carrier-contract-with-samsung-heavy-industries-hanwha-ocean\/2549-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2549.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2549.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2549.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2549.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79438\" class=\"content-area-description single-story post-79438 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-investment-watch tag-lng tag-shipping-maritime tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.d852b0d0-4740-41e9-a562-864900895418.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Adnoc L&amp;S earmarks USD 2.5 bn to expanding its LNG carrier fleet:<\/strong> Adnoc Logistics and Services (L&amp;S) inked contacts worth USD 2.5 bn with South Korean shipyards Samsung Heavy Industries and Hanwha Ocean for eight to ten LNG carriers, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/64.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The intake of newbuilds is set to boost the firm\u2019s current fleet from 14 carriers to at least 22 vessels.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The details: <\/strong><span style=\"background-color: transparent;\">Samsung Heavy Industries and Hanwha Ocean were each awarded contracts to build four vessels, with an option for an additional ship. Each carrier will have a 174k cubic meter capacity and operate with Mega and XDF2.2 engines, which will offer the lowest emissions in the company\u2019s fleet.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Timeline:<\/strong> Delivery of the carriers will commence in 2028 and will be time chartered to Adnoc\u2019s subsidiaries for a duration of 20 years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>In late May, the firm signed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/1a2d8a64-fc2e-4d49-b85d-7b90350f6c82\/uae-%2B-south-korea-finalize-cepa-agreement,-sign-transport-agreements\" style=\"\" rel=\"noopener\">letters of intent<\/a> with the two shipbuilders for new vessels to serve Adnoc\u2019s second LNG terminal at Ruwais. Ruwais aims to be the region\u2019s first LNG export facility powered by renewable energy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Part of the post-IPO expansion strategy: <\/strong>The investment is part of an expansion strategy unveiled ahead of Adnoc L&amp;S\u2019 landmark USD 769 mn IPO <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ac69af8c-3fcc-44df-9a3b-8fabb3b50291\" style=\"\" rel=\"noopener\">last year<\/a> which will see it shell out USD 5 bn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7d3322dc-3aba-4228-bd84-1f3f75ea73c9\/%253cmark%253eadnoc%253c%2Fmark%253e-l&amp;s%25e2%2580%2599s-net-income-surged-34%2525-y-o-y-in-1q-2024\" style=\"\" rel=\"noopener\">in investments<\/a> in the medium term. Andoc has now plugged over half its USD 5 bn investment target into expanding its LNG fleet.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The plan is taking shape:<\/strong> Adnoc L&amp;S acquired an 80% stake multinational shipping pool operator Navig8 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e8e162f2-bb47-42db-8e47-73970f18b93f\/adnoc-l&amp;s-acquires-80%2525-of%253cmark%253e-navig8%253c%2Fmark%253e-in-usd-1.04-bn-transaction\" style=\"\" rel=\"noopener\">last month<\/a> in a USD 1.04 bn transaction with transfer ownership retroactively effective from 1 January 2024. The company will buy the remaining 20% in 2027 for USD 335 mn to USD 450 mn. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/lng\/\">LNG<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79440\" 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=\"79440\">\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\">Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/02\/we-have-more-details-on-egypts-green-hydrogen-bonanza\/\">\r\n                            We have more details on Egypt\u2019s green hydrogen bonanza                        <\/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\/07\/02\/we-have-more-details-on-egypts-green-hydrogen-bonanza\/\" 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\/07\/02\/we-have-more-details-on-egypts-green-hydrogen-bonanza\/')\">\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\/07\/02\/we-have-more-details-on-egypts-green-hydrogen-bonanza\/\">\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=We have more details on Egypt\u2019s green hydrogen bonanza&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/02\/we-have-more-details-on-egypts-green-hydrogen-bonanza\/\">\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\/07\/02\/we-have-more-details-on-egypts-green-hydrogen-bonanza\/&title=We have more details on Egypt\u2019s green hydrogen bonanza\">\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=We+have+more+details+on+Egypt%E2%80%99s+green+hydrogen+bonanza+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F02%2Fwe-have-more-details-on-egypts-green-hydrogen-bonanza%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\/07\/02\/we-have-more-details-on-egypts-green-hydrogen-bonanza\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/171.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79441\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/02\/we-have-more-details-on-egypts-green-hydrogen-bonanza\/171-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/171.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"171.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/171.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/171.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79440\" class=\"content-area-description single-story post-79440 post type-post status-publish format-standard has-post-thumbnail hentry category-trade tag-egypt tag-investment-watch 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\/7\/.21063055-2254-45a7-86a4-694f431d949c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Updates on Egypt\u2019s green hydrogen export potential: <\/strong>More news is trickling in from the Egypt-EU Investment Conference that <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e7d3e1a1-ce75-4e68-af8c-20a3ca2c4284\" style=\"\" rel=\"noopener\">wrapped on Sunday<\/a> with exports being lined up left, right, and center. Here\u2019s the latest batch of news:<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Egypt\u2019s ammonia project gets the green light: <\/strong>The Sovereign Fund of Egypt (SFE) signed a project agreement to launch the Orascom Construction, Scatec, and Fertiglobe to launch the 100 MW of green hydrogen plant Ain Sokhna plant, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02x33jqrbeseUYxbUKmHoNaCVRb2XZ5fNmjygWk5xPLqztXaBwEy1EoLUp8va5hSvkl\" style=\"\" rel=\"noopener\">statement<\/a>. Under the agreement, Fertiglobe will buy the plant\u2019s entire production of green ammonia for the coming 20 years \u2014 marking the world\u2019s first long-term green ammonia purchase agreement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">By the numbers: <\/strong><span style=\"background-color: transparent;\">The plant will produce 13k tonnes of green hydrogen per year which will be converted to 70k tonnes of ammonia for transport, SFE CEO Ayman Soliman said in the statement. The consortium is also establishing solar and wind plants with a 270 MW capacity, Soliman added.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>The plant kicked off <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/952ee209-52e7-435e-860b-caf16ba6251b\/\" style=\"\" rel=\"noopener\">a trial phase in November 2022<\/a> and Fertiglobe sent its first green ammonia shipment to India from the plant <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e9bd1665-9b52-41eb-bea5-a8f4c0966873\" style=\"\" rel=\"noopener\">last November<\/a>. The company did not specify the value of the transaction, but the shipment was the world\u2019s first to carry an ISCC Plus certification, Fertiglobe said at the time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong><strong> BP is joining the gang: <\/strong>BP has signed a Joint Development Agreement (JDA) with Infinity Power, Hassan Allam Utilities, and Masdar to explore establishing a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/4678b944-fc3c-4ae9-82b0-98d0ee09c708\" style=\"\" rel=\"noopener\">multi-phase green hydrogen in Egypt<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/169.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. Under the agreement, BP would serve as the main developer and operator of the proposed project which will focus on exports. The consortium signed a framework agreement with the Egyptian government at the Egypt-EU Investment conference to begin technical and commercial feasibility studies. The companies will also combine their existing green hydrogen projects under the new JDA.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>A EUR 3.8 bn plant by Taqa Arabia + Voltalia<\/strong><strong>:<\/strong> Egypt\u2019s Taqa Arabia and French Voltalia have signed a EUR 3.8 bn contract to develop a green ammonia production facility in Ain Sokhna. Production will be split into two phases, with phase one forecasted to launch in Q4 2030 and annual production capacity is set at 355.7k tons of green ammonia per year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>More details on Ocior\u2019s plant:<\/strong> Abu Dhabi-headquartered Ocior Engery\u2019s is set to produce 100k tons of green ammonia in Ain Sokhna Port with commercial operations slated for launch in Q4 2029. The production center will produce 900k tons annually by 4Q 2031. Ocior Energy inked a USD 4.3 bn agreement with the SFE to develop <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e7d3e1a1-ce75-4e68-af8c-20a3ca2c4284\/the-egypt-eu-investment-summit-brings-big-export-potential-for-egypt\" style=\"\" rel=\"noopener\">a green ammonia plant<\/a> at the Port of Ain Sokhna. The plant will primarily cater to European markets, addressing the growing demand for sustainable ammonia.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"79442 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=\"79442\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/02\/79442\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79442\" class=\"content-area-description single-story post-79442 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79443\" 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=\"79443\">\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\">Zones<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/02\/eaton-signs-an-agreement-with-jafza-to-build-a-500k-sqft-manufacturing-campus\/\">\r\n                            Eaton signs an agreement with Jafza to build a 500k sqft manufacturing campus                        <\/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\/07\/02\/eaton-signs-an-agreement-with-jafza-to-build-a-500k-sqft-manufacturing-campus\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Construction is scheduled to begin in 2025 and targets a 2026 completion date. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">What we know: <\/strong><span style=\"background-color: transparent;\">The campus will house an R&amp;D facility focused on sustainable manufacturing, power management, machine learning, and AI, with the aim of expanding Eaton's research, engineering, and manufacturing capacity.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jafza is picking up steam: <\/strong>RSA Cold Chain began construction on its flagship 40k pallet cold storage facility in the freezone <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e80a83cc-6312-45e2-ad32-6b4ac4cbf369\/rsa-cold-chain-breaks-ground-at%253cmark%253e-jafza-%253c%2Fmark%253eflagship-cold-storage-facility\" style=\"\" rel=\"noopener\">in May<\/a> which is slated for completion in 1Q 2025. Transworld signed off on a 50k sqm logistics center <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/60d328a5-ed5e-4997-8abb-0ca5d91006e7\/dubai%25e2%2580%2599s-transworld-and%253cmark%253e-jafza-%253c%2Fmark%253esign-an-agreement-to-build-a-50k-sqm-logistics-center\" style=\"\" rel=\"noopener\">last December<\/a> also targeting a 2025 completion date. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Eaton<\/strong><strong>: <\/strong>The Irish-American multinational specializes in intelligent power management, producing energy-efficient products for effective management of electrical, hydraulic and mechanical power, according to its <a target=\"_blank\" href=\"https:\/\/www.eaton.com\/us\/en-us\/company\/about-us.html\" style=\"\" rel=\"noopener\">website<\/a>. Eaton has operations in over 175 countries and recorded USD 23.2 bn in sales for 2023. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/zones\/\">ZONES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79445\" 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=\"79445\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/02\/digitization-and-sustainability-updates-from-ksa-and-kuwait\/\">\r\n                            Digitization and sustainability updates from KSA and Kuwait                        <\/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\/07\/02\/digitization-and-sustainability-updates-from-ksa-and-kuwait\/\" 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\/07\/02\/digitization-and-sustainability-updates-from-ksa-and-kuwait\/')\">\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\/07\/02\/digitization-and-sustainability-updates-from-ksa-and-kuwait\/\">\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=Digitization and sustainability updates from KSA and Kuwait&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/02\/digitization-and-sustainability-updates-from-ksa-and-kuwait\/\">\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\/07\/02\/digitization-and-sustainability-updates-from-ksa-and-kuwait\/&title=Digitization and sustainability updates from KSA and Kuwait\">\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=Digitization+and+sustainability+updates+from+KSA+and+Kuwait+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F02%2Fdigitization-and-sustainability-updates-from-ksa-and-kuwait%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\/07\/02\/digitization-and-sustainability-updates-from-ksa-and-kuwait\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/850.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79446\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/02\/digitization-and-sustainability-updates-from-ksa-and-kuwait\/850-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/850.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"850.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/850.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/850.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79445\" class=\"content-area-description single-story post-79445 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-digitization tag-kuwait tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.e08e7c08-60c7-4c83-b8ad-98e22daffb17.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">DIGITIZATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Logistics provider Premium Shipping has partnered with Mile Solutions to help <\/strong><strong>scale its logistics services across major cities in Saudi Arabia<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.milenow.com\/mile-premium-shipping-join-hands-to-redefine-logistics-services-in-ksa\/\" style=\"\" rel=\"noopener\">press release<\/a>. The collaboration aims to streamline Premium Shipping\u2019s operations by leveraging Mile\u2019s software solutions to automate storage, fulfillment, and delivery operations for Premium Shipping\u2019s driver fleet. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Dubai\u2019s Roads and Transport Authority and Trukker Technologies DMCC have <\/strong><strong style=\"background-color: transparent;\">partnered to launch a digital platform for commercial transport in the UAE<\/strong><span style=\"background-color: transparent;\">, according to the <\/span><a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/july\/01-07\/rta-partners-with-private-sector\" rel=\"noopener\">Government of Dubai<\/a><span style=\"background-color: transparent;\">. The initiative aims to enhance commercial transport services for both corporate and individual clients. The partnership, whose service offering includes transporting furniture and goods, seeks to improve service standards by connecting users directly with RTA-registered providers.<\/span><\/p>\n<p class=\"tag-border-left\">CARBON ZERO-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Agility going electric<\/strong><strong>:<\/strong> Kuwaiti logistics giant Agility\u2019s ground handling subsidiary Menzies Aviation is looking to switch over 25% of its motorized ground support equipment to electric power by 2025 to reach its net-zero carbon emission targets, according to a <a target=\"_blank\" href=\"https:\/\/www.agility.com\/en\/agility-2023-sustainability-report-shows-improved-sustainability-performance\/\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Menzies received Budapest Airport\u2019s Green airport Partner of the Year award back <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/5c9a7888-67e7-41e7-807d-14cda9b2f620\/agility%25e2%2580%2599s-menzies-aviation-snaps-up-several-awards-for-operations-at-budapest-airport\" style=\"\" rel=\"noopener\">in April<\/a> for rolling out new electric ground support equipment and introducing chemical company Proviron\u2019s de-icing fluid, made from plant and animal-based components.<\/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>Noatum opens headquarters in Kezad<\/strong><strong>:<\/strong> The UAE\u2019s AD Ports Group transport and logistics solutions subsidiary Noatum Logistics has opened its regional headquarters in Abu Dhabi\u2019s Kezad zone. (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/adportsgroup_noatum-logistics-has-officially-opened-its-activity-7212081264944713729-CfQt\/\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Emirates reveals first destinations for refurbished Boeing 777s<\/strong>: Geneva, Tokyo Haneda, and Brussels will be the first cities to receive Emirates Airlines\u2019 newly refurbished Boeing 777s. The flights will commence in August and September 2024. (<a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3xy2od-emirates-unveils-first-destinations-served-with\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/digitization\/\">digitization<\/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\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79447 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=\"79447\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/02\/79447\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79447\" class=\"content-area-description single-story post-79447 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/transmar.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79448\" 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=\"79448\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/02\/boeing-to-acquire-spirit-amid-manufacturing-and-legal-challenges\/\">\r\n                            Boeing to acquire Spirit amid manufacturing and legal challenges                        <\/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\/07\/02\/boeing-to-acquire-spirit-amid-manufacturing-and-legal-challenges\/\" 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\/07\/02\/boeing-to-acquire-spirit-amid-manufacturing-and-legal-challenges\/')\">\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\/07\/02\/boeing-to-acquire-spirit-amid-manufacturing-and-legal-challenges\/\">\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=Boeing to acquire Spirit amid manufacturing and legal challenges&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/02\/boeing-to-acquire-spirit-amid-manufacturing-and-legal-challenges\/\">\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\/07\/02\/boeing-to-acquire-spirit-amid-manufacturing-and-legal-challenges\/&title=Boeing to acquire Spirit amid manufacturing and legal challenges\">\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=Boeing+to+acquire+Spirit+amid+manufacturing+and+legal+challenges+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F02%2Fboeing-to-acquire-spirit-amid-manufacturing-and-legal-challenges%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\/07\/02\/boeing-to-acquire-spirit-amid-manufacturing-and-legal-challenges\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/164.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79449\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/02\/boeing-to-acquire-spirit-amid-manufacturing-and-legal-challenges\/164-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/164.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"164.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/164.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/164.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79448\" class=\"content-area-description single-story post-79448 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-boeing tag-ma tag-spirit-aerosystems 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\/7\/.9f640682-05fe-4efb-9cb2-1f6e83583dda.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Boeing to acquire Spirit AeroSystems:<\/strong> Boeing is set to make a USD 4.7 bn acquisition of Spirit AeroSystems through an all-stock purchase that values Spirit at USD 37.25 a share and will see Boeing take on Spirit\u2019s reported net debt, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-06-30\/boeing-agrees-to-buy-spirit-aero-for-4-7-billion-in-stock-deal\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing sources familiar with the matter. Boeing will also gain a portion of Spirit\u2019s defense contract work as part of the transaction, which is set to close mid-2025. Boeing\u2019s rival Airbus SE will also acquire some of Spirit\u2019s operations, paying a nominal price of USD 1 for the assets and receive USD 559 mn in compensation. The move reunites Boeing with Spirit, which spun off in 2005. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A hail mary for Boeing? <\/strong>Integrating Spirit is expected to stabilize Boeing's supply chain and enhance its aircraft production capabilities as well as quell US aviation regulators\u2019 concerns about the company\u2019s manufacturing blunders, Bloomberg writes. The transaction, however, will require approval from the Pentagon and US antitrust regulators, who are less keen on the consolidation of aerospace and defense manufacturing. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Turkey mediating Somalia-Ethiopia talks: <\/strong>Turkey is mediating talks between Somalia and Ethiopia to alleviate tensions sparked by the port agreement signed between Ethiopia and the Somali breakaway region of Somaliland earlier this year, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/turkey-mediating-somalia-ethiopia-talks-port-deal-officials-2024-07-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The target of the negotiations is unclear and expectations for a resolution are low, unnamed officials told the newswire. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> Ethiopia inked an MoU with Somaliland <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/964969ff-b01b-4751-a8bd-e0a70f6c5968\/ethiopia-inks-to-gain-red-sea-port-access%253cmark%253e-somaliland%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">in January<\/a> to gain access to its Red Sea port of Berbera for military and commercial purposes for a period of 50 years. In exchange, Ethiopia would recognize Somaliland as independent from Somalia, which considers Somaliland a part of its territory. In response, Somalia summoned the Ethiopian ambassador to protest the move and called <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/9aaf095d-7afb-40f4-ba1c-0d3e52373aab\/data-center-provider-adaniconnex-seeks-usd-400-mn-loan-for-growth-plans-%2B-somalia-snubs-ethiopia-%253cmark%253esomaliland%253c%2Fmark%253e-port-agreement\" style=\"\" rel=\"noopener\">the agreement<\/a> \u201cnull and void\u201d.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/boeing\/\">Boeing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma\/\">M&amp;A<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/spirit-aerosystems\/\">Spirit AeroSystems<\/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=\"79450\" 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\/07\/02\/79450\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79450\" class=\"content-area-description single-story post-79450 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;\">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;\">AUGUST<\/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 August (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/rexconferences.com\/conference-info\" style=\"\">Rex Fuels Global Expo & Conference 2024- Bitumen, Petrochemicals & Products<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">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 September (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 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;\">   <\/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>26-27 October (Saturday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/theires.org\/Conference\/18859\/ICTTL\/\" style=\"\">International Conference on Tourism, Transport, and Logistics<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span 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>11-12 November (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wamsaudi.com\/\" style=\"\">World Advanced Manufacturing Logistics Summit & Expo<\/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>11-14 November (Monday-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 style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/pressroom\/2024-releases\/2024-06-03-04\/\" style=\"\">IATA Annual General Meeting (AGM) and World Air Transport Summit<\/a><\/span><span style=\"font-weight:400;\">, New Delhi, India.<\/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;\">2026<\/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;\">2026 UNCTAD Global Supply Chains Forum, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>4Q 2027: Oman\u2019s Musandam Airport construction to be completed.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>A boost for Adnoc\u2019s fleet | Lots of green hydrogen exports lined up for Egypt | Boeing trouble continues<\/p>\n","protected":false},"featured_media":79434,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-79433","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"29f8e499-33f4-4a60-bb0a-764bc8a039fc","teaser":"A boost for Adnoc\u2019s fleet | Lots of green hydrogen exports lined up for Egypt | Boeing trouble continues","photo_url":"https:\/\/ent.news\/2024\/2\/1178.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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