{"id":79539,"date":"2024-07-08T00:00:00","date_gmt":"2024-07-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=79539"},"modified":"2025-12-15T14:54:20","modified_gmt":"2025-12-15T14:54:20","slug":"adnoc-offloads-40-of-ruwais-lng-project-to-shell-totalenergies-bp-and-mitsui","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/adnoc-offloads-40-of-ruwais-lng-project-to-shell-totalenergies-bp-and-mitsui\/","title":{"rendered":"Adnoc offloads 40% of Ruwais LNG project to Shell, TotalEnergies, BP, and Mitsui"},"content":{"rendered":"<section id=\"79541\" 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=\"79541\">\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\/07\/08\/today-adnoc-sells-off-40-of-ruwais-lng-gulfnav-set-to-acquire-brooge-by-3q\/\">\r\n                            TODAY:  Adnoc sells off 40% of Ruwais LNG + GulfNav set to acquire Brooge by 3Q                        <\/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\/08\/today-adnoc-sells-off-40-of-ruwais-lng-gulfnav-set-to-acquire-brooge-by-3q\/\" 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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Boeing now faces a criminal fine of up to USD 487.2 mn with the final amount to be determined by a judge, according to the Justice Department. The company will also install a corporate monitor and spend at least USD 455 mn on additional compliance and safety programs over the next three years as part of the plea. The company will also be subject to three years of court-supervised probation. <strong>The story is grabbing the headlines as we hit dispatch:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/boeing-plead-guilty-us-probe-fatal-737-max-crashes-says-doj-official-2024-07-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/boeing-guilty-plea-crashes-245a38dc6d3082f4ddff1f6f74f274f2\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-08\/boeing-ba-to-plead-guilty-to-fraud-for-violating-deal-over-737-max-crashes\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/07\/08\/business\/boeing-justice-department-plea-deal.html\" style=\"\" rel=\"noopener\">The New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/07\/08\/boeing-to-plead-guilty-to-criminal-fraud-charge-stemming-from-737-max-crashes.html\" style=\"\" rel=\"noopener\">CNBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/cjjjj85z0lno\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/business\/article\/2024\/jul\/08\/boeing-737-max-crashes-guilty-plea-indonesia-ethiopia\" style=\"\" rel=\"noopener\">The Guardian<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>ALSO MAKING HEADLINES TODAY- <\/strong><strong>US ports in Texas have closed down ahead of Hurricane Beryl\u2019s impact: <\/strong>The largest ports in Texas \u2014 including Corpus Christi, Houston, Galveston, Freeport and Texas City \u2014 have closed operations and shut down vessel traffic yesterday as the region prepares for Tropical Storm Beryl to make landfall. All vessel movement and cargo operations have been restricted as gale force winds are expected within 12 hours. Hurricane Beryl is intensifying back to a Category 1 hurricane, possibly reaching a Category 2 \u2014 as it approaches southern Texas through the Gulf of Mexico, and is expected to make landfall between Galveston and Corpus Christi today. The hurricane is bringing extreme winds of up to 58 mph, flooding up to 15 inches, and life-threatening storm surges with it. Beryl is also expected to produce several tornadoes as it hits land.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil refineries are winding down production in preparation<\/strong>, including Citgo Petroleum Corp and Shell Plc\u2019s Perdido production hub, according to Reuters. Potential closures could temporarily stop shipments of crude oil and motor fuels from reaching refineries and plants. US Gulf of Mexico offshore production makes up some 14%, the equivalent of around 1.8 bpd, of overall US crude output. If supply is impacted we expect to see an increase in US oil and offshore crude grade prices. <strong>The story grabbed ink in <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/us-coast-guard-says-hurricane-may-shut-oil-ports-2024-07-06\/\" style=\"\" rel=\"noopener\">Reuters<\/a><\/strong><strong>. <\/strong>For everything Beryl, <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2024\/07\/07\/us\/hurricane-beryl-texas\" style=\"\" rel=\"noopener\">The New York Times<\/a> has live updates.<\/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=\"wwtt2\"><\/a>#1- Oil giant Aramco said media reports of it exploring a bid for Australian oil and gas <\/strong><strong>firm Santos were \u201cinaccurate,\u201d <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/adnoc-weighs-possible-bid-australian-gas-company-santos-sources-say-2024-07-04\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday, citing an emailed statement. The remarks by an Aramco spokesperson came after <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-03\/aramco-adnoc-are-said-to-consider-bids-for-gas-producer-santos\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported Aramco and the UAE\u2019s Adnoc were separately considering bids for Santos, company, which has liquefied natural gas projects in Australia, Papua New Guinea, and Timor-Leste, and a market cap of c. USD 17.4 bn<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#2- DP World will build a 20 mn sqft car market \u2014 set to be the largest in the world \u2014 in <\/strong><strong>Dubai<\/strong>, Deputy Ruler of Dubai Sheikh Maktoum Bin Mohammed <a target=\"_blank\" href=\"https:\/\/x.com\/MaktoumMohammed\/status\/1808842227067858948\" style=\"\" rel=\"noopener\">said on X<\/a> on Thursday. The market will provide government and banking services for automotive players, connect to 77 global markets via DP World's network, and host major automotive events and conferences. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- An update on DP\u2019s visit to Thailand: <\/strong>DP World CEO Sultan Ahmed bin Sulayem and an accompanying high-level delegation have discussed potential investments in Thailand including the mega <a target=\"_blank\" href=\"https:\/\/www.centralretaillogistics.com\/en\/newsroom\/53\/thailand-mega-project-land-bridge\" style=\"\" rel=\"noopener\">Land Bridge project<\/a> currently under development, <a target=\"_blank\" href=\"https:\/\/www.albayan.ae\/economy\/uae\/2024-07-04-1.4899396\" style=\"\" rel=\"noopener\">Al Bayan<\/a> reported. The delegation met with Thai Prime Minister Srettha Thavisin as well as Deputy Prime Minister and Transport Minister Suriya Jungrungreangkit, bin Sulayem <a target=\"_blank\" href=\"https:\/\/x.com\/ssulayem\/status\/1808512815218520101?s=46&amp;t=eQkyOOTe-J3UW1b7k5d2xA\" style=\"\" rel=\"noopener\">said on X<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER UAE NEWS- Will there be more air travel heading to China?<\/strong> The UAE and China are exploring potentially ramping up bilateral air traffic after years of stagnation, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-04\/china-uae-said-in-talks-to-increase-flights-between-two-nations\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Thursday. citing people with knowledge of the matter. Officials will meet in Beijing in the coming weeks to discuss increasing flights beyond the current 56 per week per country ceiling, although no specific increase has been determined yet. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who benefits:<\/strong> Emirates, currently operating its maximum of 35 weekly flights to China, stands to benefit significantly, alongside China Southern Airlines, which flies to the UAE 20 times per week. <\/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- Egypt\u2019s recently secured batch of 20 LNG shipments is coming with a price tag between <\/strong><strong>USD 880-910 mn<\/strong>, <a target=\"_blank\" href=\"https:\/\/almalnews.com\/%d9%85%d8%b5%d8%a7%d8%af%d8%b1-%d8%ad%d9%83%d9%88%d9%85%d9%8a%d8%a9-%d8%aa%d9%82%d8%af%d8%b1-%d9%82%d9%8a%d9%85%d8%a9-%d8%a3%d9%83%d8%a8%d8%b1-%d8%b5%d9%81%d9%82%d8%a9-%d9%84%d8%a7%d8%b3%d8%aa%d9%8a\/\" style=\"\" rel=\"noopener\">Al Mal<\/a> reported on Thursday, citing sources it says have knowledge of the matter. Saudi Aramco and multinational commodities trader Trafigura were among the winners of the tender, according to Al Mal\u2019s sources added. BP and an East Mediterranean Gas Company subsidiary will each supply five of the shipments, Asharq Business <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6a6ce846-5bb8-4638-ba08-f657afe1960e\/egypt-eu-investment-conference-round-%232\" style=\"\" rel=\"noopener\">reported<\/a> last week, citing two anonymous officials from the Oil Ministry.<\/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- Oil prices dipped on Monday on the back of a potential ceasefire agreement and anticipated disrupted due to Hurricane Beryl<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/oil-little-changed-investors-eye-impact-storm-beryl-texas-2024-07-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures dipped to USD 86.41 per barrel at 02.34 PM GMT, while West Texas Intermediate crude futures dropped to USD 82.88 per barrel, says the newswire.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- OPEC+ is urging its members to make up for breaching supply quotas in an effort to <\/strong><strong>stabilize global oil markets, <\/strong>but there is little evidence that members are complying, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-04\/opec-oil-production-cheats-show-little-sign-of-making-compensation-cuts\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Thursday, citing recent production data. Iraq and Kazakhstan are two countries that have yet to deliver on the promised additional cuts to offset their earlier overproduction, the data shows.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND-<\/strong> Introduced in <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-07-14\/opec-may-temper-supply-restart-with-extra-oil-cuts-from-cheats\" style=\"\" rel=\"noopener\">2020<\/a>, the overproduction compensation scheme was put in place to pressure members that exceed their production quotas to make extra compensation cuts in subsequent months equivalent to the excess output. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER<\/strong>- In <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/54d158d4-5a72-498f-9604-196685f72a65\/%253cmark%253eopec%253c%2Fmark%253e%2B-extends-supply-cuts,-granting-the-uae-a-higher-production-quota-for-2025\" style=\"\" rel=\"noopener\">June<\/a>, Opec+ decided to extend most of their crude oil production cuts well into 3Q 2024. The alliance will keep in place current production cuts of 3.66 mn barrels per day (bbl \/ d) until the end of this September, before beginning to phase out the cuts of 2.2 mn bbl \/ d over the course of a year from October 2024 to September 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Baltic index <\/strong><strong>dips on the back of lower vessel rates<\/strong><strong>:<\/strong> The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 fell to 2.7% to 1,966 points, <a target=\"_blank\" href=\"https:\/\/www.hellenicshippingnews.com\/baltic-index-set-for-first-weekly-fall-in-six\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Capesize plummeted 4.2% to 3,339 points, while the panamax fell 1.4% to 1,546 points. The smaller supramax segment dropped two points to 1,335 points.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Global shipping demand has driven freight rates up over the last two months<\/strong><strong>:<\/strong> Global demand for container space could grow between 3% to 4% y-o-y in 2024, while Red Sea diversions are holding up 5% to 9% of total vessel capacity, German shipping giant Hapag-Lloyd CEO Rolf Habben Jasen told reporters on a call last week, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/hapag-lloyd-ceo-sees-solid-shipping-demand-driving-up-freight-rates-2024-07-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week. \u201cWe have seen solid demand, particularly since May 1, that meets with limited availability\u201d due to the Red Sea disruptions causing spot rates to rise, Jasen told reporters. The rising demand, in combination with Red Sea reroutes and subsequent port congestion, have counteracted what could have resulted in an oversupply in global fleets this year.<\/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>The <\/strong><strong>Saudi Ports Authority (Mawani) has increased uncharged storage time for <\/strong><strong>empty export containers<\/strong> <strong>at Dammam\u2019s King AbdulAziz Port<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/mawaniksa_aelaewaeqaepaezabraetaewaepaeuaeo-aetaewaepaeuaeo-activity-7214558366059155457-Si_o?utm_source=share&amp;utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. Mawani has increased the period from 10 days to 20 days for the next six months effective last Thursday. The move looks to strengthen the import and export operation systems and advance operational efficiency at the 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<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>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/gemtechforum.com\/\" style=\"\" rel=\"noopener\">Global EV and Mobility Technology Forum<\/a><\/strong><strong> on Wednesday, 10 <\/strong><strong>July and Thursday, 11 July<\/strong> in Riyadh. The event will bring together international policymakers, NGOs, corporations, and start-ups to discuss industry topics including fleet electrification, autonomous and connected vehicles, and sustainable transport solutions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.saudilogisticsexpo.com\/\" style=\"\" rel=\"noopener\">Saudi Warehousing and Logistics Expo<\/a><\/strong><strong> on Monday, 2 <\/strong><strong>September to Wednesday, 4 September<\/strong> in Riyadh. The event will bring together leaders in the supply chain, warehousing and logistics industry from across the Kingdom to discuss investments, trade, geopolitical risks, and localized manufacturing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.egypt-air-show.com\/\" style=\"\" rel=\"noopener\">Egypt International Airshow<\/a><\/strong><strong> on Tuesday, 3rd September to Thursday, <\/strong><strong>5 September <\/strong>in El Alamein. The event will host a range of discussions touching on industrialization, digitalization, and globalization in the regional commercial aviation sector. During the event, aircrafts and innovative aerospace products, and services will be showcased.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.skymovemena.com\/\" style=\"\" rel=\"noopener\">SkyMove MENA<\/a><\/strong><strong> on Tuesday, 10 September and Wednesday, 11 <\/strong><strong>September<\/strong> in Riyadh. The event will gather global industry stakeholders, experts, and service providers to discuss challenges in the regional aviation industry. <\/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\/boeing\/\">Boeing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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-->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79543\" 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 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class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/adnoc-offloads-40-of-ruwais-lng-project\/\">\r\n                            Adnoc offloads 40% of Ruwais LNG project                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/adnoc-offloads-40-of-ruwais-lng-project\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n        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href=\"https:\/\/api.whatsapp.com\/send?text=Adnoc+offloads+40%25+of+Ruwais+LNG+project+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F08%2Fadnoc-offloads-40-of-ruwais-lng-project%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/adnoc-offloads-40-of-ruwais-lng-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/559.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79545\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/adnoc-offloads-40-of-ruwais-lng-project\/559-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/559.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"559.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/559.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/559.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79544\" class=\"content-area-description single-story post-79544 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-adnoc tag-energy tag-ma-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.da4175cf-1227-4afc-a5a9-6afd803d217a.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Adnoc offloads a 40% stake in Ruwais LNG project:<\/strong> Abu Dhabi National Oil Company (Adnoc) agreed to sell 40% stake in its USD 7 bn Ruwais liquefied natural gas (LNG) project to UK oil and gas giant Shell, French TotalEnergies, BP, and Japan\u2019s Mitsui, with each firm acquiring 10%, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/adnocs-ruwais-lng-earmark-40-stake-shell-total-bp-mitsui-sources-say-2024-07-05\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing sources with knowledge of the matter. The companies could ink final agreements as soon as next week, sources told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-05\/shell-total-and-others-said-to-take-stakes-in-adnoc-s-lng-plant\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another 5% stake could also be sold to a different partner<\/strong>, Reuters said, without providing further details. <\/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 oil giant also reportedly earmarked around 2 mn metric tons per annum (mtpa) to shareholders at below-market prices <\/strong><span style=\"background-color: transparent;\">but with less flexibility, sources told the newswire.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Brewing for a while:<\/strong> News that Shell, TotalEnergies, BP and Mitsui &amp; Co. are vying for stakes in the Ruwais LNG project and its output <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/229f3a02-4f67-4a3e-80ec-b41fef6648a6\/shell,-totalenergies-eye%253cmark%253e-ruwais%253c%2Fmark%253e-stake\" style=\"\" rel=\"noopener\">came out in April<\/a>, with Mitsui considering an investment of tens of bns of JPY. The plant is set to double Adnoc\u2019s LNG production to 9.6 mn metric tons by 2028. Mitsui, BP, and TotalEnergies are already partners on the UAE\u2019s only LNG export plant on Das Island. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Adnoc reached the final investment decision for the project at an executive board committee meeting <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e7356718-669d-4899-a19a-fa62d4c20234\/adnoc-makes-final-investment-decision-%2B-awards-usd-5.5-bn-contract-for%253cmark%253e-ruwais%253c%2Fmark%253e-lng-project\" style=\"\" rel=\"noopener\">in June<\/a>. The company handed out USD 5.5 bn in engineering, procurement, and construction (EPC) contracts for the project to a JV between engineering companies Technip Energies and JGC Corporation, and National Marine Dredging Company. The company plans to start exporting from the Ruwais site in 2028.<\/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\/adnoc\/\">Adnoc<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79546\" 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=\"79546\">\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\">M&amp;A Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/gulfnav-to-complete-brooge-acquisition-in-3q-2024\/\">\r\n                            GulfNav to complete Brooge acquisition in 3Q 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\" 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/gulfnav-to-complete-brooge-acquisition-in-3q-2024\/&title=GulfNav to complete Brooge acquisition in 3Q 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=GulfNav+to+complete+Brooge+acquisition+in+3Q+2024+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F08%2Fgulfnav-to-complete-brooge-acquisition-in-3q-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\/07\/08\/gulfnav-to-complete-brooge-acquisition-in-3q-2024\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/525.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79547\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/gulfnav-to-complete-brooge-acquisition-in-3q-2024\/525-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/525.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"525.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/525.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/525.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79546\" class=\"content-area-description single-story post-79546 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-acquisition tag-gulfnav tag-ma-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.46d0d1c4-4f88-429d-9995-b549f95af175.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>GulfNav edges closer to Brooge takeover: <\/strong>Maritime and shipping company GulfNav is set to close its acquisition of oil storage outfit Brooge Petroleum and Gas Investment Company from <a target=\"_blank\" href=\"https:\/\/broogeenergy.com\/\" style=\"\" rel=\"noopener\">Brooge energy<\/a> within the next six to eight weeks, Gulfnav said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/502.pdf\" style=\"\" rel=\"noopener\">DFM disclosure (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>GulfNav is set to get a capital boost: <\/strong>The announcement follows GulfNav board\u2019s approval to issue mandatory convertible bonds and new shares, as well as inject liquidity into the firm to raise enough capital to complete the transaction, according to a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/503.pdf\" style=\"\" rel=\"noopener\">bourse filing (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">REMEMBER- <\/strong><span style=\"background-color: transparent;\">Earlier this year, Gulfnav <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/5da4d7d8-fb11-4388-b8ea-ff93766649c4\" rel=\"noopener\">submitted a proposal<\/a><span style=\"background-color: transparent;\"> for the structure of the acquisition of oil storage outfit Brooge Petroleum to the Securities and Commodities Authority, after bidding to fully acquire the company from Nasdaq-listed Brooge Energy <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/030e28a9-6ada-41ce-9290-38e93f5d4827\" rel=\"noopener\">back in October<\/a><span style=\"background-color: transparent;\">. The acquisition was initially expected to close in 4Q 2023.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Following the acquisition, GulfNav\u2019s market cap will top AED 20 bn,<\/strong> GulfNav board member Abdul Hadi Al Saadi told CNBC Arabia (<a target=\"_blank\" href=\"https:\/\/www.cnbcarabia.com\/125234\/2024\/04\/07\/%D8%B9%D8%B6%D9%88-%D9%85%D8%AC%D9%84%D8%B3-%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%B4%D8%B1%D9%83%D8%A9-%D8%A7%D9%84%D8%AE%D9%84%D9%8A%D8%AC-%D9%84%D9%84%D9%85%D9%84%D8%A7%D8%AD%D8%A9-%D8%A7%D9%84%D9%82%D8%A7%D8%A8%D8%B6%D8%A9-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%8A%D8%A9-%D9%84%D9%80-CNBC-%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9:-%D9%86%D8%AA%D9%88%D9%82%D8%B9-%D8%A5%D8%AA%D9%85%D8%A7%D9%85-%D8%B5%D9%81%D9%82%D8%A9-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AD%D9%88%D8%A7%D8%B0-%D8%B9%D9%84%D9%89-%D8%A8%D8%B1%D9%88%D8%AC-%D9%84%D9%84%D8%A8%D8%AA%D8%B1%D9%88%D9%83%D9%8A%D9%85%D8%A7%D9%88%D9%8A%D8%A7%D8%AA-%D8%AE%D9%84%D8%A7%D9%84-6-%D8%A5%D9%84%D9%89-8-%D8%A3%D8%B3%D8%A7%D8%A8%D9%8A%D8%B9-?searchVal=%D8%A7%D9%84%D8%AE%D9%84%D9%8A%D8%AC+%D9%84%D9%84%D9%85%D9%84%D8%A7%D8%AD%D8%A9+\" style=\"\" rel=\"noopener\">watch, runtime, 2:23<\/a>). The company is also expected to receive an upgrade on the MSCI index. Al Saadi added that investment funds are anticipated to pour between USD 400-500 mn into the company post-acquisition. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Brooge: <\/strong>Founded in 2013, Brooge is a leading player in the crude oil storage sector, with the capacity to store 6.3 mn barrels of oil in Fujairah. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/acquisition\/\">Acquisition<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/gulfnav\/\">Gulfnav<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79548 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"79548\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/79548\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79548\" class=\"content-area-description single-story post-79548 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79549\" 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=\"79549\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">IPO Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/omans-asyad-is-reportedly-planning-to-ipo-asyad-shipping-this-year\/\">\r\n                            Oman\u2019s Asyad is reportedly planning to IPO Asyad Shipping this year                        <\/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\/08\/omans-asyad-is-reportedly-planning-to-ipo-asyad-shipping-this-year\/\" 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\/08\/omans-asyad-is-reportedly-planning-to-ipo-asyad-shipping-this-year\/')\">\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\/08\/omans-asyad-is-reportedly-planning-to-ipo-asyad-shipping-this-year\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Oman\u2019s Asyad is reportedly planning to IPO Asyad Shipping this year&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/omans-asyad-is-reportedly-planning-to-ipo-asyad-shipping-this-year\/\">\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\/08\/omans-asyad-is-reportedly-planning-to-ipo-asyad-shipping-this-year\/&title=Oman\u2019s Asyad is reportedly planning to IPO Asyad Shipping this year\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Oman%E2%80%99s+Asyad+is+reportedly+planning+to+IPO+Asyad+Shipping+this+year+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F08%2Fomans-asyad-is-reportedly-planning-to-ipo-asyad-shipping-this-year%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\/08\/omans-asyad-is-reportedly-planning-to-ipo-asyad-shipping-this-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/585.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79550\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/omans-asyad-is-reportedly-planning-to-ipo-asyad-shipping-this-year\/585-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/585.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"585.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/585.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/585.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79549\" class=\"content-area-description single-story post-79549 post type-post status-publish format-standard has-post-thumbnail hentry category-ipo-watch tag-ipo-watch tag-oman tag-shipping-maritime 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\/.5f6bddac-8abf-4b34-858e-78c293417ab7.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Omani national logistics firm Asyad Group is planning an IPO of its LNG transport arm <\/strong><strong>Asyad Shipping by the end of year<\/strong>, <a target=\"_blank\" href=\"https:\/\/gulfbusiness.com\/asyad-plans-to-list-shipping-unit-hires-advisers\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday, citing people with knowledge of the matter. The company has reportedly hired Jefferies Group and EFG Hermes as advisers on the proceedings. Details of the size of the offering were not revealed. Asyad Group, Jefferies and EFG Hermes all declined to comment when approached by Reuters last week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">This has been in the cards:<\/strong><span style=\"background-color: transparent;\"> Asyad said in 2021 that it was considering selling up to 40% of its shipping subsidiary, <\/span><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/omani-transport-group-asyad-weighs-strategic-stake-sale-shipping-unit-sources-2021-07-05\/\" rel=\"noopener\">Reuters<\/a><span style=\"background-color: transparent;\"> reported at the time. More broadly, Asyad has been planning to unload its non-strategic assets for at least a couple of years, Chief Executive Abdulrahman Al Hatmi <\/span><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/article\/world\/oman-s-asyad-seeks-private-sector-participation-in-some-assets-asharq-tv-idUSS8N2XL01N\/\" rel=\"noopener\">said in a televised interview<\/a><span style=\"background-color: transparent;\"> with Asharq in 2022. The firm said it would be looking into private sector participation though IPOs or directly through assets.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Asyad Shipping:<\/strong> Asyad Shipping mainly functions as an LNG transporter, with British multinational oil and gas firms BP and Shell as well as Brazilian miner Vale among the list of its partners and customers. Backed by Oman\u2019s sovereign wealth fund the Oman Investment Authority, parent company Asyad has over USD 4 bn of assets and focuses on logistics, transportation, port services, shipping and freezones.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Growing its fleet potential:<\/strong> Asyad Shipping inked an agreement <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8cbf6cdf-9b99-432d-b76b-9dced9070b83\/milaha-introduces-new-asia-mena%253cmark%253e-shipping%253c%2Fmark%253e-route-%2B%253cmark%253e-asyad%253c%2Fmark%253e%253cmark%253e-shipping%253c%2Fmark%253e-to-add-two-lng-carriers-to-its-fleet\" style=\"\" rel=\"noopener\">in December<\/a> with Oman LNG for a long-term charter of two LNG carriers. Asyad will be chartering two 174k cu meter new builds from South Korean ship manufacturer Hyundai Samho Heavy Industries, for delivery by June 2026.<\/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\/ipo-watch\/\">IPO WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/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=\"79551\" 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=\"79551\">\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\">Projects<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/saudis-jazan-city-inks-three-tenders-valued-at-sar-315-mn-to-boost-port-connectivity\/\">\r\n                            Saudi\u2019s Jazan City inks three tenders valued at SAR 315 mn to boost port connectivity                        <\/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\/08\/saudis-jazan-city-inks-three-tenders-valued-at-sar-315-mn-to-boost-port-connectivity\/\" 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\/08\/saudis-jazan-city-inks-three-tenders-valued-at-sar-315-mn-to-boost-port-connectivity\/')\">\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\/08\/saudis-jazan-city-inks-three-tenders-valued-at-sar-315-mn-to-boost-port-connectivity\/\">\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=Saudi\u2019s Jazan City inks three tenders valued at SAR 315 mn to boost port connectivity&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/saudis-jazan-city-inks-three-tenders-valued-at-sar-315-mn-to-boost-port-connectivity\/\">\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\/08\/saudis-jazan-city-inks-three-tenders-valued-at-sar-315-mn-to-boost-port-connectivity\/&title=Saudi\u2019s Jazan City inks three tenders valued at SAR 315 mn to boost port connectivity\">\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=Saudi%E2%80%99s+Jazan+City+inks+three+tenders+valued+at+SAR+315+mn+to+boost+port+connectivity+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F08%2Fsaudis-jazan-city-inks-three-tenders-valued-at-sar-315-mn-to-boost-port-connectivity%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\/08\/saudis-jazan-city-inks-three-tenders-valued-at-sar-315-mn-to-boost-port-connectivity\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/577.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79552\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/saudis-jazan-city-inks-three-tenders-valued-at-sar-315-mn-to-boost-port-connectivity\/577-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/577.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"577.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/577.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/577.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79551\" class=\"content-area-description single-story post-79551 post type-post status-publish format-standard has-post-thumbnail hentry category-projects tag-ports tag-projects 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\/.1194068a-7006-4a46-a7fe-7fcbec4d4a61.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Jazan City greenlights infrastructure projects:<\/strong> KSA\u2019s Jazan City for Basic and Transformative Industries has awarded tenders worth SAR 315 mn to three companies for infrastructure projects in Jazan Special Economic Zone (SEZ), <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2132678\" style=\"\" rel=\"noopener\">SPA<\/a> reported on Thursday. The contracts were inked with China Harbor Middle East Division, Al Dafe Trading and Contracting, and Walid Muyghashi. The timeline for the projects and breakdown of individual responsibilities was not specified.<\/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\u2019s in the cards?<\/strong><span style=\"background-color: transparent;\"> The tenders cover the design and construction of three bridges to link the deposit and re-export areas in Jazan SEZ to the port city, according to SPA. Another bridge will be built to connect manufacturing warehouses on an artificial island near the port to Jazan. The projects also include the development of a service support warehouse and the operation and maintenance of temporary storage facilities. The project, covering around 10.85 hectares, will boost the port\u2019s logistics capacity and the flow of heavy cargo.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the zone:<\/strong> Jazan SEZ is located in the kingdom\u2019s southwest corner within easy access to the regional port of Jazan, the largest in the kingdom for the export of goods and import of raw materials and livestock. This zone will target trade with \u201cfast growing markets in Asia and Africa\u201d and provide avenues for the manufacture, processing, and distribution of foodstuffs due to its location in the fertile region of the kingdom.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background<\/strong><strong>:<\/strong> The kingdom launched Jazan, as well as four new Special Economic Zones (SEZ) to reinforce its position as a global investment hub, back in April last year. The four zones are located in Riyadh, Jazan, Ras al Khair, and King Abdullah Economic City.<\/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\/ports\/\">PORTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/projects\/\">PROJECTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"79553 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=\"79553\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/79553\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79553\" class=\"content-area-description single-story post-79553 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=\"79554\" 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=\"79554\">\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\">Ports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/dp-world-zhejiang-seaports-group-partner-up-to-boost-trade\/\">\r\n                            DP World + Zhejiang Seaports Group partner up to 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\/07\/08\/dp-world-zhejiang-seaports-group-partner-up-to-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\/07\/08\/dp-world-zhejiang-seaports-group-partner-up-to-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\/07\/08\/dp-world-zhejiang-seaports-group-partner-up-to-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=DP World + Zhejiang Seaports Group partner up to boost trade&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/dp-world-zhejiang-seaports-group-partner-up-to-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\/07\/08\/dp-world-zhejiang-seaports-group-partner-up-to-boost-trade\/&title=DP World + Zhejiang Seaports Group partner up to 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=DP+World+%2B+Zhejiang+Seaports+Group+partner+up+to+boost+trade+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F08%2Fdp-world-zhejiang-seaports-group-partner-up-to-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\/07\/08\/dp-world-zhejiang-seaports-group-partner-up-to-boost-trade\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/395.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79555\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/dp-world-zhejiang-seaports-group-partner-up-to-boost-trade\/395-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/395.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"395.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/395.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/395.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79554\" class=\"content-area-description single-story post-79554 post type-post status-publish format-standard has-post-thumbnail hentry category-ports tag-dp-world tag-ports tag-shipping-maritime 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\/.ff43d3c6-e991-4c4a-8afa-d273add30ed5.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>DP World <\/strong><strong>+ <\/strong><strong>Zhejiang Seaport <\/strong><strong>sign trade agreement:<\/strong> The UAE\u2019s DP World has partnered with China\u2019s Zhejiang Seaport Group to expand port logistics and shipping routes between Jebel Ali Port in Dubai and Ningbo-Zhoushan Port in China, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3zqdk9-world-partners-with-zhejiang-seaport-group\" style=\"\" rel=\"noopener\">Wam<\/a> reported on Thursday. The pair will also evaluate the possibility of increasing Chinese investments in the UAE\u2019s logistics sector, including in the Jebel Ali Freezone.<\/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 two sides aim to develop new maritime routes between the two ports by attracting shipping companies through slot exchanges and vessel space purchase on the Dubai to Ningbo route.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And there\u2019s more:<\/strong> The pair will also work together to encourage the development of green and low-carbon ports, according to the statement. The pair will form frameworks to establish knowledge sharing on building green terminals, the use of shore power, and green fuel for ships.<\/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\/dp-world\/\">DP World<\/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\/shipping-maritime\/\">SHIPPING + MARITIME<\/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=\"79556\" 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=\"79556\">\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\">Purchasing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/kuwait-and-qatar-non-oil-sector-activity-grows-in-june-while-lebanons-outlook-remains-bleak\/\">\r\n                            Kuwait and Qatar non-oil sector activity grows in June while Lebanon\u2019s outlook remains bleak                        <\/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\/08\/kuwait-and-qatar-non-oil-sector-activity-grows-in-june-while-lebanons-outlook-remains-bleak\/\" 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\/08\/kuwait-and-qatar-non-oil-sector-activity-grows-in-june-while-lebanons-outlook-remains-bleak\/')\">\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\/08\/kuwait-and-qatar-non-oil-sector-activity-grows-in-june-while-lebanons-outlook-remains-bleak\/\">\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=Kuwait and Qatar non-oil sector activity grows in June while Lebanon\u2019s outlook remains bleak&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/kuwait-and-qatar-non-oil-sector-activity-grows-in-june-while-lebanons-outlook-remains-bleak\/\">\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\/08\/kuwait-and-qatar-non-oil-sector-activity-grows-in-june-while-lebanons-outlook-remains-bleak\/&title=Kuwait and Qatar non-oil sector activity grows in June while Lebanon\u2019s outlook remains bleak\">\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=Kuwait+and+Qatar+non-oil+sector+activity+grows+in+June+while+Lebanon%E2%80%99s+outlook+remains+bleak+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F08%2Fkuwait-and-qatar-non-oil-sector-activity-grows-in-june-while-lebanons-outlook-remains-bleak%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\/08\/kuwait-and-qatar-non-oil-sector-activity-grows-in-june-while-lebanons-outlook-remains-bleak\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/379.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79557\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/kuwait-and-qatar-non-oil-sector-activity-grows-in-june-while-lebanons-outlook-remains-bleak\/379-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/379.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"379.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/379.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/379.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79556\" class=\"content-area-description single-story post-79556 post type-post status-publish format-standard has-post-thumbnail hentry category-purchasing tag-kuwait tag-lebanon tag-purchasing tag-qatar 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\/7\/.ba43043b-1c1e-4efd-9ee8-bbdcc1356612.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>How Kuwait + Qatar + Lebanon\u2019s PMI performed in June<\/strong><strong>: <\/strong>Purchasing Manager Indices (PMI) tracking non-energy sectors in Qatar and Kuwait both saw growth attributed to robust demand, new orders, and output. Over in Lebanon, geopolitical concerns resulted in low business performance and a somber outlook.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Refresher-<\/strong> The all-important 50.0 mark is the threshold separating contraction from growth. Anything above 50 denotes expansion, while anything below indicates contraction.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">First up, Qatar: <\/strong><span style=\"background-color: transparent;\">Qatar\u2019s PMI sustained record growth in June, as boosts to new orders, employment, output, and purchasing buoyed the index, according to <\/span><a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/376.pdf\" rel=\"noopener\">Qatar Financial Center\u2019s PMI (pdf)<\/a><span style=\"background-color: transparent;\">. Qatar\u2019s headline number jumped up to 55.9 in June, from 53.9 <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f34d3946-90aa-4d30-b20b-e0b0b908e3ff\/security-concerns-continued-to-weigh-on-lebanon%25e2%2580%2599s-non-energy-private-sector\" rel=\"noopener\">in May<\/a><span style=\"background-color: transparent;\"> \u2014 the biggest improvement in business conditions in two years \u2014 placing it above the 50.0 threshold.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New orders grew at their fastest pace in over a year<\/strong>, with businesses reporting a boost in customer numbers, attributable to new branch openings and marketing campaigns. Expansion was predominantly recorded in manufacturing and construction, but also remained strong in other sectors. Output also rose, increasing at the sharpest rate recorded in a year-and-a-half.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Employment is up:<\/strong> The employment rate rose in June, propelled by output and new order growth, business expansion, and the need for highly skilled staff, mainly in the wholesale and retail and service provider sectors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Purchasing activity rose for the fourth month straight:<\/strong> Lead times advanced and firms were able to cut down backlog volumes despite the increase in demand for goods and services. Cost pressures did see a marginal increase in June, attributed to growing average purchase prices and staff costs. However, prices charged for goods and services dropped.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over in Kuwait: <\/strong>Kuwait\u2019s non-energy private sector signaled modest improvement in business conditions in June, as output, new orders, and purchasing activity all grew at a faster pace compared to the previous month, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/288.pdf\" style=\"\" rel=\"noopener\">Kuwait\u2019s S&amp;P Global PMI (pdf)<\/a>. Kuwait\u2019s headline number dipped to 51.6 in June, down from 52.4 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f34d3946-90aa-4d30-b20b-e0b0b908e3ff\/security-concerns-continued-to-weigh-on-lebanon%25e2%2580%2599s-non-energy-private-sector\" style=\"\" rel=\"noopener\">in May<\/a>, signaling softer improvement in its non-oil sector at the start of 2Q.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Input costs rose and inflation rates eased for the third month:<\/strong> Input buying and stock purchases both grew in June, with a rise in new orders pushing firms to boost their purchasing activity on the back of competitive pricing. Despite growing input costs, the rate of inflation was its lowest level for the third month in a row.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Employment rates grew to their highest rate on record <\/strong>due to increases in output and new orders with lead times shortened in June and suppliers quickening delivery times. Increased employment rates were not strong enough to support the rate of new order growth resulting in backlogs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shifting over to Lebanon: <\/strong>Lebanon\u2019s private sector economy diminished in June, driven by a downturn in new orders and outputs due to rising national security concerns and geopolitical tensions, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/377.pdf\" style=\"\" rel=\"noopener\">Blominvest Bank\u2019s Lebanon PMI (pdf)<\/a>. The reading saw a slight drop in its headline figure to 47.8 in June, down from 47.9 in May, settling firmly below 50.0.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Falling new orders constrained output:<\/strong> Lebanon\u2019s private sector business activity dipped as new orders declined. New export orders dropped for the 11th month straight as regional tension and instability persisted, negatively impacting foreign customer intake. Diminished purchasing power led to a softened sales performance, with domestic security concerns regarding the border conflict between Israel and Hezbollah weighing down the economy. The volume of purchases grew slightly despite shrinking output needs, resulting in a noteworthy boost in suppliers\u2019 delivery times and businesses\u2019 expanding their stock levels.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Inflationary pressures sharpened<\/strong>, with overall operating expenses growing at their quickest rate in 15 months, which has been attributed to increasing shipping and ins. costs causing companies to raise their prices to safeguard their margins in June. A global spike in raw material costs also added to inflationary pressures.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sentiment remained optimistic in Qatar + Kuwait: <\/strong>Qatar\u2019s outlook remained strong in June, with firms\u2019 confidence up, reporting positive forecasts for the next 12 months, due to business expansions and new orders. Similarly, in Kuwait businesses remained confident, with positive marketing and advancing economic conditions driving optimism.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But Lebanon remained somber:<\/strong> Businesses remained concerned in Lebanon, reflecting the highest level of pessimism in nearly a year over the uncertain state of security in the country. A handful of companies say they expect demand to worsen in line with a drop in tourism as a consequence of conflict at Lebanon\u2019s border. \u201cThe only decent indicator is that employment stayed steady \u2013 maybe a sign that employers are hopeful,\u201d said BLOM Chief Economist Ali Bolbol.<\/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\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/lebanon\/\">Lebanon<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/purchasing\/\">PURCHASING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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=\"79558\" 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=\"79558\">\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\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/ad-ports-taps-mohamed-alsuwaidi-as-new-chairman-emirates-makes-a-raft-of-new-appointments\/\">\r\n                            AD Ports taps Mohamed Alsuwaidi as new chairman + Emirates makes a raft of new appointments                        <\/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\/08\/ad-ports-taps-mohamed-alsuwaidi-as-new-chairman-emirates-makes-a-raft-of-new-appointments\/\" 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\/08\/ad-ports-taps-mohamed-alsuwaidi-as-new-chairman-emirates-makes-a-raft-of-new-appointments\/')\">\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\/08\/ad-ports-taps-mohamed-alsuwaidi-as-new-chairman-emirates-makes-a-raft-of-new-appointments\/\">\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 taps Mohamed Alsuwaidi as new chairman + Emirates makes a raft of new appointments&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/ad-ports-taps-mohamed-alsuwaidi-as-new-chairman-emirates-makes-a-raft-of-new-appointments\/\">\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\/08\/ad-ports-taps-mohamed-alsuwaidi-as-new-chairman-emirates-makes-a-raft-of-new-appointments\/&title=AD Ports taps Mohamed Alsuwaidi as new chairman + Emirates makes a raft of new appointments\">\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+taps+Mohamed+Alsuwaidi+as+new+chairman+%2B+Emirates+makes+a+raft+of+new+appointments+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F08%2Fad-ports-taps-mohamed-alsuwaidi-as-new-chairman-emirates-makes-a-raft-of-new-appointments%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\/08\/ad-ports-taps-mohamed-alsuwaidi-as-new-chairman-emirates-makes-a-raft-of-new-appointments\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/413.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79559\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/ad-ports-taps-mohamed-alsuwaidi-as-new-chairman-emirates-makes-a-raft-of-new-appointments\/413-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/413.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"413.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/413.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/413.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79558\" class=\"content-area-description single-story post-79558 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-ad-ports tag-emirates-airlines tag-moves 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\/.21682742-8e47-4116-8b11-fb5b7f343138.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AD Ports Group elected Mohamed Hassan Alsuwaidi as its new chairman<\/strong>, according to an <a target=\"_blank\" href=\"https:\/\/adxservices.adx.ae\/cdn\/contentdownload.aspx?doc=3190555\" style=\"\" rel=\"noopener\">ADX<\/a><a target=\"_blank\" href=\"https:\/\/adxservices.adx.ae\/cdn\/contentdownload.aspx?doc=3190555\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a>. Alsuwaidi is currently the UAE\u2019s investment minister, as well as the CEO of sovereign wealth fund ADQ. He holds board positions at several state-owned firms, including Abu Dhabi Airports, Aldar Properties, Emirates Nuclear Energy Corporation, PureHealth, and Adnoc Gas. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"background-color: transparent;\">EMIRATES-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE\u2019s Emirates Group has made a slew of new senior appointments<\/strong>, which the organization says will boost growth and strengthen its leadership, a <a target=\"_blank\" href=\"https:\/\/www.emirates.com\/media-centre\/emirates-group-announces-senior-appointments-including-7-uae-nationals\/\" style=\"\" rel=\"noopener\">statement<\/a> said on Friday. The appointees will join the Emirates team in July and September this year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Appointments effective 8 July:<\/strong><\/p>\n<ul>\n<li>Ali Mubarak Al Soori, Chief Procurement and Facilities Officer<\/li>\n<li>Ahmed Safa, Head of Engineering and MRO<\/li>\n<li>Badr Abbas (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/badr-abbas-430ba81\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), Divisional SVP Emirates SkyCargo<\/li>\n<li>Mark Burtonwood (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/mark-burtonwood-fraes-0528348\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), Divisional SVP Group Safety and Network Operations<\/li>\n<li>Yousuf Mohammad Ali, Divisional SVP Group Procurement and Logistics<\/li>\n<li>David Broz (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/david-broz-68303a51\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), SVP Aeropolitical and Airline Industry Affairs<\/li>\n<li>Devarajan Srinivasan (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/devarajan-srinivasan-094a7242\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), SVP Facilities and Asset Management<\/li>\n<li>Mahmood Al Khaja, SVP Material Management and Repairs<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Appointments effective 1 September:<\/strong><\/p>\n<ul>\n<li>Mahmood Ameen (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/mahmood-ameen-187717a\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), Divisional SVP Engineering Projects and Aircraft Procurement<\/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\/ad-ports\/\">AD Ports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/emirates-airlines\/\">Emirates Airlines<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/moves\/\">MOVES<\/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=\"79560\" 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=\"79560\">\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\/07\/08\/csp-subsidiary-and-etihad-rail-ink-an-agreement-for-operations-storage\/\">\r\n                            CSP subsidiary and Etihad Rail ink an agreement for operations + storage                        <\/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\/08\/csp-subsidiary-and-etihad-rail-ink-an-agreement-for-operations-storage\/\" 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\/08\/csp-subsidiary-and-etihad-rail-ink-an-agreement-for-operations-storage\/')\">\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\/08\/csp-subsidiary-and-etihad-rail-ink-an-agreement-for-operations-storage\/\">\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=CSP subsidiary and Etihad Rail ink an agreement for operations + storage&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/csp-subsidiary-and-etihad-rail-ink-an-agreement-for-operations-storage\/\">\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\/08\/csp-subsidiary-and-etihad-rail-ink-an-agreement-for-operations-storage\/&title=CSP subsidiary and Etihad Rail ink an agreement for operations + storage\">\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=CSP+subsidiary+and+Etihad+Rail+ink+an+agreement+for+operations+%2B+storage+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F08%2Fcsp-subsidiary-and-etihad-rail-ink-an-agreement-for-operations-storage%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\/08\/csp-subsidiary-and-etihad-rail-ink-an-agreement-for-operations-storage\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/579.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79561\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/csp-subsidiary-and-etihad-rail-ink-an-agreement-for-operations-storage\/579-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/579.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"579.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/579.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/579.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79560\" class=\"content-area-description single-story post-79560 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-rail 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\/.d615964a-c8bb-4638-9428-689efee1efb1.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">RAIL-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CSP subsidiary + Etihad partner up on operations and storage:<\/strong> Cosco Shipping Ports Abu Dhabi Container Freight Station \u2014 a subsidiary of Cosco Shipping Ports Limited (CSP) \u2014 has inked an agreement with Etihad Rail to use the UAE\u2019s national railway network and terminals to transport goods between Khalifa Port and other logistics zones in the UAE, according to a <a target=\"_blank\" href=\"https:\/\/www.etihadrail.ae\/post\/etihad-rail-and-csp-abu-dhabi-cfs-sign-mou-for-integrated-rail-transport-services\" style=\"\" rel=\"noopener\">statement<\/a>. It will also use Etihad Rail\u2019s freight rail terminals to store and distribute distribution goods. The partnership is set to help reduce transit times for CSP\u2019s logistics operations and lower its carbon footprint. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Egypt\u2019s Alamein airport receives first regional flight: <\/strong>Saudi low-cost airline Flynas launched its first flight from Riyadh to Egypt\u2019s Alamein International Airport last Wednesday, becoming the first airline in the region to host scheduled flights to Alamein. (<a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/434.pdf\" style=\"\" rel=\"noopener\">press release, pdf<\/a>) <\/li>\n<li><strong>Iraqi Airways flies to China<\/strong><strong>:<\/strong> Iraqi Airways is launching two weekly direct flights between Baghdad and Beijing. (<a target=\"_blank\" href=\"https:\/\/ina.iq\/eng\/33520-iraqi-airways-starting-direct-flights-between-baghdad-and-beijing.html\" style=\"\" rel=\"noopener\">INA<\/a>)<\/li>\n<li><strong>UAE to sit on ACAO\u2019s Executive Council<\/strong><strong>:<\/strong> The UAE was re-elected to the Arab Civil Aviation Organization's (ACAO) Executive Council by unanimous vote during the group\u2019s General Assembly meeting in Morocco last week. (<a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b40bt0b-uae-re-elected-arab-civil-aviation-organisation\" style=\"\" rel=\"noopener\">Wam<\/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\/rail\/\">RAIL<\/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=\"79562\" 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=\"79562\">\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\">Logistics in the News<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/south-african-exports-uk-imports-are-struggling-with-stressed-infrastructure\/\">\r\n                            South African exports + UK imports are struggling with stressed infrastructure                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/south-african-exports-uk-imports-are-struggling-with-stressed-infrastructure\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/south-african-exports-uk-imports-are-struggling-with-stressed-infrastructure\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/south-african-exports-uk-imports-are-struggling-with-stressed-infrastructure\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=South African exports + UK imports are struggling with stressed infrastructure&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/south-african-exports-uk-imports-are-struggling-with-stressed-infrastructure\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/south-african-exports-uk-imports-are-struggling-with-stressed-infrastructure\/&title=South African exports + UK imports are struggling with stressed infrastructure\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=South+African+exports+%2B+UK+imports+are+struggling+with+stressed+infrastructure+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F08%2Fsouth-african-exports-uk-imports-are-struggling-with-stressed-infrastructure%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/south-african-exports-uk-imports-are-struggling-with-stressed-infrastructure\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/581.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79563\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/south-african-exports-uk-imports-are-struggling-with-stressed-infrastructure\/581-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/581.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"581.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/581.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/581.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79562\" class=\"content-area-description single-story post-79562 post type-post status-publish format-standard has-post-thumbnail hentry category-logistics-in-the-news tag-logistics-in-the-news tag-trade tag-uk 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\/.aa2b7641-33ac-4f08-b3eb-289ec500ecfa.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>South African exports are suffering as the country struggles with the near-collapse of its <\/strong><strong>state rail and port company<\/strong> <strong>Transnet<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/features\/2024-07-04\/south-africa-s-broken-ports-world-s-no-2-citrus-export-industry-under-threat?srnd=economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. Citrus fruits set for export are insteading being transported to ports in refrigerated trucks before they are ripe, where they sit in queues of up to 400 vehicles.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Growing delays:<\/strong> Delays cost producers some USD 98 mn last season due to produce rotting before it could be shipped due to trucks being diverted to alternative ports further away, general manager for trade and markets at Hortgro Jacques du Preez told Bloomberg. South Africa is the world\u2019s second-biggest exporter of citrus fruits after Spain shipping USD 1.84 bn worth of produce last year. Produce is chiefly shipped to countries in MENA and South Korea, Bloomberg adds.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OVER IN THE UK- Delays and communication problems at post-Brexit borders are causing food to enter the UK unchecked<\/strong>, UK border control agents told <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/37899d72-40f6-4e77-8bfa-6e89d499cddf\" style=\"\" rel=\"noopener\">The Financial Times<\/a>. Goods coming into the country from outside the EU are slipping through Sevington \u2014 a post to check UK imports post-Brexit \u2014 due to reduced or, at times, none existent checks, FT reports. Controversial food items \u2014 including fish and honey \u2014 are being cleared through the border, leading one agent to believe that the inspection system is not working efficiently.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> The issue was initially flagged by the newswire back <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/bf85f500-b3b6-4a9a-b4ea-f07734fbec3a\/dhl-breaks-ground-on-a-new-air-freight-center-at-frankfurt-airport\" style=\"\" rel=\"noopener\">in February<\/a>, when it was warned that the UK would let in imported animal products from the EU without border checks if the country\u2019s ports get overwhelmed by new post-Brexit border controls that came into force in April.<\/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\/logistics-in-the-news\/\">LOGISTICS IN THE NEWS<\/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\/uk\/\">UK<\/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=\"79564\" 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=\"79564\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/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\/08\/lufthansa-acquires-a-41-stake-in-italys-ita-airways\/\">\r\n                            Lufthansa acquires a 41% stake in Italy\u2019s ITA Airways                        <\/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\/08\/lufthansa-acquires-a-41-stake-in-italys-ita-airways\/\" 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\/08\/lufthansa-acquires-a-41-stake-in-italys-ita-airways\/')\">\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\/08\/lufthansa-acquires-a-41-stake-in-italys-ita-airways\/\">\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=Lufthansa acquires a 41% stake in Italy\u2019s ITA Airways&url=https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/lufthansa-acquires-a-41-stake-in-italys-ita-airways\/\">\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\/08\/lufthansa-acquires-a-41-stake-in-italys-ita-airways\/&title=Lufthansa acquires a 41% stake in Italy\u2019s ITA Airways\">\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=Lufthansa+acquires+a+41%25+stake+in+Italy%E2%80%99s+ITA+Airways+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F07%2F08%2Flufthansa-acquires-a-41-stake-in-italys-ita-airways%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\/08\/lufthansa-acquires-a-41-stake-in-italys-ita-airways\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/511.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"79565\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/07\/08\/lufthansa-acquires-a-41-stake-in-italys-ita-airways\/511-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/511.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"511.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/511.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/511.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79564\" class=\"content-area-description single-story post-79564 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-aviation 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\/.62d3cf8d-74b8-49f4-816e-6c8355f9b464.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lufthansa to acquire stake in Italy\u2019s ITA:<\/strong> Germany\u2019s Lufthansa Airlines has been given the green light from the EU to acquire a 41% stake in Italy\u2019s ITA Airways, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/lufthansa-wins-conditional-eu-nod-350-mln-ita-deal-2024-07-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week. Under the agreement, Lufthansa has two years to review ITA\u2019s financial condition, after which it could push for a full takeover of the carrier. This won\u2019t be a first for Lufthansa, which took over Swiss Airlines and Brussels Airlines in a similar manner. The European Commission had been considering approving the acquisition for over a year, which it granted after receiving a number of concessions from the German airline for which the details are still being sorted out.<\/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\/around-the-world\/\">AROUND THE WORLD<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"79566\" 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\/08\/79566\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-79566\" class=\"content-area-description single-story post-79566 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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-11 July: (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gemtechforum.com\/\" style=\"\">Global EV & Mobility Tech 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 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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2-4 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudilogisticsexpo.com\/\" style=\"\">Saudi Warehousing & Logistics Expo<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-5 September (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.egypt-air-show.com\/\" style=\"\">Egypt International Airshow<\/a><\/span><span style=\"font-weight:400;\">, El Alamein, Egypt.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10-11 September (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.skymovemena.com\/\" style=\"\">SkyMove MENA<\/a><\/span><span>, 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>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, 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>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>23-26 September (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/thefreightsummit.com\/dubai2024\/\" style=\"\">Freight Summit 15th Global Conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>25-26 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aerospacesummit.com\/\" style=\"\">Global Aerospace 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>30 September - 2 October (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aviationnews-online.com\/conferences\/dubai\/\" style=\"\">African, Middle East & Islamic Finance Aviation 100 Awards<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span 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>13 October (Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.itfglobal.org\/en\/events\/itf-congress-2024-marrakech\" style=\"\">International Transport Workers\u2019 Federation (ITF) Congress<\/a><\/span><span style=\"font-weight:400;\">, Marrakesh, Morocco.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>16-17 October (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gaaf2024.com\/\" style=\"\">Global Airport & Aviation Forum<\/a><\/span><span style=\"font-weight:400;\">, Jeddah, 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>21-22 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>11-12 November (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudiairportexhibition.com\/\" style=\"\">Saudi Airport Exhibition<\/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;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>19-21 November (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/simrsnf.com\/\" style=\"\">Saudi International Maritime Forum<\/a><\/span><span style=\"font-weight:400;\">, Dammam, 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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">20-21 November (Wednesday-Thursday): Saudi Rail Exhibition, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">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>2-3 December (Monday-Tuesday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/wings-of-change-middle-east\/\" style=\"\">Wings of Change Middle East<\/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>10-11 December (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/morocco.railmeetings.com\/en\/\" style=\"\">Rail Industry Summit<\/a><\/span><span style=\"font-weight:400;\">, Casablanca, Morocco.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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\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>Adnoc sells off 40% of Ruwais LNG | GulfNav set to acquire Brooge by 3Q | Oman\u2019s Asyad Shipping lines up an IPO | Boeing pleads guilty<\/p>\n","protected":false},"featured_media":79540,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-79539","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"693be0a5-26ac-42ff-90d7-c86f6e1cd99c","teaser":"Adnoc sells off 40% of Ruwais LNG | GulfNav set to acquire Brooge by 3Q | Oman\u2019s Asyad Shipping lines up an IPO | Boeing pleads guilty","photo_url":"https:\/\/ent.news\/2024\/1\/1221.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 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