{"id":81208,"date":"2024-09-24T00:00:00","date_gmt":"2024-09-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=81208"},"modified":"2025-12-15T15:20:33","modified_gmt":"2025-12-15T15:20:33","slug":"egyptian-consortium-to-build-usd-450-mn-dekheila-dry-bulk-terminal","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/egyptian-consortium-to-build-usd-450-mn-dekheila-dry-bulk-terminal\/","title":{"rendered":"Egyptian consortium to build USD 450 mn Dekheila dry bulk terminal"},"content":{"rendered":"<section id=\"81210\" 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=\"81210\">\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\/09\/24\/today-egyptian-consortium-to-build-usd-450-mn-dekheila-dry-bulk-terminal\/\">\r\n                            TODAY: Egyptian consortium to build USD 450 mn Dekheila dry bulk terminal                        <\/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\/09\/24\/today-egyptian-consortium-to-build-usd-450-mn-dekheila-dry-bulk-terminal\/\" 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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First, a progress note on Makin\u2019s engine manufacturing facility in Saudi\u2026<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a><\/strong><strong><font face=\"Arial\">#1-&nbsp;<\/font>Aramco Hyundai and Dussur JV, Makin, has completed building c.40% of its engine<\/strong><strong> manufacturing facility, which is set to come online in early 2026<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.aleqt.com\/2024\/09\/20\/article_2750183.html#:~:text=%D8%AA%D9%88%D9%82%D8%B9%D8%AA%20%D8%B4%D8%B1%D9%83%D8%A9%20%D9%85%D9%83%D9%8A%D9%86%20%D8%A7%D9%84%D9%85%D9%85%D9%84%D9%88%D9%83%D8%A9%20%D9%84%D8%AA%D8%AD%D8%A7%D9%84%D9%81,%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A9%20%D9%85%D9%86%20%D8%A7%D9%84%D9%85%D8%AD%D8%B1%D9%83%D8%A7%D8%AA%20%D9%85%D8%B7%D9%84%D8%B9%202026.\" style=\"\" rel=\"noopener\">Al Eqtisadiah<\/a> quoted CEO Bader Al Zaabi as saying at the Saudi Maritime Logistics Conference 2024 in Dammam. The facility plans to churn out 30 large engines for oil tankers and 235 medium-speed engines for smaller ships each year. <a target=\"_blank\" href=\"https:\/\/www.aramco.com\/en\/news-media\/news\/2017\/mou-for-engine-manufacturing-and-supply-collaboration\" style=\"\" rel=\"noopener\">The factory<\/a> is located in the King Salman Maritime Industries Complex in Ras Al Khair. Makin is the first facility in the MENA region focused on marine engines and pumps.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#2- A consortium of Egyptian, Saudi, and Emirati companies has announced a major <\/strong><strong>industrial merger agreement valued at USD 800 mn<\/strong>, set to be revealed in October, Executive Partner and head of investment banking at <a target=\"_blank\" href=\"https:\/\/www.zillacapital.com\/\" style=\"\" rel=\"noopener\">Zilla Capital<\/a> Moustafa El Shenety told Asharq Business <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/industries\/54453\/%D8%AA%D8%AD%D8%A7%D9%84%D9%81-%D9%85%D8%B5%D8%B1%D9%8A-%D8%B3%D8%B9%D9%88%D8%AF%D9%8A-%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%8A-%D9%8A%D8%B9%D9%84%D9%86-%D8%B9%D9%86-%D8%B5%D9%81%D9%82%D8%A9-%D8%A7%D9%86%D8%AF%D9%85%D8%A7%D8%AC-%D8%B5%D9%86%D8%A7%D8%B9%D9%8A%D8%A9-%D9%82%D8%B1%D9%8A%D8%A8%D8%A7\/\" style=\"\" rel=\"noopener\">(watch, runtime: 9:30)<\/a>. El Shenety did not provide further details or information on the agreement or the parties involved. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#3-<\/strong> <strong>Turkey looks to boost <\/strong><strong>clothing manufacturing <\/strong><strong>in Egypt\u2019s SCZ<\/strong><strong>one:<\/strong> Officials from Egypt\u2019s Suez Canal Economic Zone (SCZone) met with Turkish companies to discuss expanding cooperation in clothing manufacturing, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/SCZONE.EG\/posts\/pfbid033tC8kF43evQtmypSrJvzH9JWUVg2b24LJTUdE7Y98AGxz7f3M73CzTc8ZoByHDECl\" style=\"\" rel=\"noopener\">statement<\/a>. SCZone Chairman Walid Gamal El Din met with representatives from international and local companies operating in Turkey, including Slazenger, FM Tekstil, Canlioglu, and Groppa.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER EGYPT NEWS-<\/strong> <strong>TSMC + Samsung mulling setting up UAE chip <\/strong><strong>factories: <\/strong>Global chip-making giants Taiwan Semiconductor Manufacturing (TSMC) and Samsung Electronics are looking to build factory complexes worth over USD 100 bn in the UAE, <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/tech\/ai\/chip-giants-tsmc-and-samsung-discuss-building-middle-eastern-megafactories-65adc854\" style=\"\" rel=\"noopener\">WSJ<\/a> reported. The projects would be financed by the UAE, with Abu Dhabi\u2019s Mubadala playing a key role, based on the preliminary terms being negotiated. The UAE aims to increase global chip production and help lower chip prices without hurting chip-makers\u2019 profitability. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The tentative plans: <\/strong>In a recent visit to the UAE, top executives from TSMC discussed building a plant complex on par with some of the country\u2019s most advanced facilities in Taiwan. Samsung Electronics is also considering major new chip-making operations in the UAE.<\/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 price<\/strong><strong>s rose in early morning trading on the back of Middle East supply concerns <\/strong><strong>and a tropical storm hitting US crude production<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-prices-rise-concerns-wider-middle-east-conflict-us-storm-2024-09-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures for November inched up USD 0.21 to USD 74.11 a barrel at GMT 00.30, while West Texas Intermediate crude futures for November climbed USD 0.24 to USD 70.61 a barrel. \"The oil market has been concerned that rising tensions in the region were dragging the OPEC oil producer [Iran] closer to engagement,\" ANZ bank said in a note. \"Traders are also keeping an eye on the weather. The US Gulf Coast is at risk of a hurricane strike by the end of the week as a patch of turbulent weather in the Atlantic consolidates,\" the bank added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Baltic index is up across the board:<\/strong> The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 rose <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\" rel=\"noopener\">1.1% to 1,999 points<\/a> on Monday, its highest point since July. The capesize index was up 1.2% to 3,275 points, while the panamax index added 14 points to 1,552 points. The smaller supramax index increased 12 points to 1,301 points.<\/p>\n<p class=\"tag-border-left\">DATA POINT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>August cargo volumes maintain upward trajectory at Jordan\u2019s QAIA:<\/strong> Cargo volumes at Jordan\u2019s Queen Alia International Airport (QAIA) rose 11.8% y-o-y to 6.7k tons in August 2024, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/queen-alia-international-airport-welcomes-964-375-passengers-during-august-2024-civ09zt1\" style=\"\" rel=\"noopener\">statement<\/a>. Overall, QAIA has recorded a 22.9% y-o-y increase in cargo to 52k tons over the last eight months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- King Khaled International Airport in Riyadh took the leading position in August among<\/strong><strong> international airports handling 15 mn or more passengers annually<\/strong>, according to aviation regulator General Authority for Civil Aviation's <a target=\"_blank\" href=\"https:\/\/gaca.gov.sa\/web\/ar-sa\/news\/translation-of-ar_sa-20-september-2024-_28117\" style=\"\" rel=\"noopener\">monthly report<\/a>. This marks a turnaround from the <a target=\"_blank\" href=\"https:\/\/gaca.gov.sa\/web\/ar-sa\/news\/translation-of-ar_sa-22-august-2024-_32783\" style=\"\" rel=\"noopener\">previous month<\/a>, which saw Jeddah\u2019s King Abdulaziz International Airport lead the category, <\/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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>YOU\u2019RE READING EnterpriseAM Logistics, the essential MENA publication for senior <\/strong><strong>execs who care about the industry that connects producers and retailers to global markets. <\/strong>We\u2019re out Monday through Thursday by 9:15am in Cairo and Riyadh and 11:15am in the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Logistics is available without charge <\/strong>thanks to the generous support of our friends at Hassan Allam Utilities and Transmar.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of Enterprise Logistics.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:logistics@enterprisemea.com\" style=\"\" rel=\"noopener\">logistics@enterprisemea.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a>, and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">MENA<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate industry<\/a> ?<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bahrain to host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.routesonline.com\/events\/250\/routes-world-2024\/\" style=\"\" rel=\"noopener\">Routes World<\/a><\/strong><strong> forum from Sunday, 6 October to Tuesday, 8 October. <\/strong>The event will bring together VPs and network planning heads from some 250 carriers to discuss global air route networks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia to host the <\/strong><strong><a target=\"_blank\" href=\"http:\/\/v\" style=\"\" rel=\"noopener\">Global Logistics Forum<\/a><\/strong><strong> from Saturday, 12 October to Monday, <\/strong><strong>14 October<\/strong> in Riyadh. The forum will gather key industry players, government officials, and industry experts to discuss optimizing operations and driving growth in the logistics sector. The event will take a specific look at how the sector can adapt with regards to global climate change and incorporate sustainability into their supply-chain operations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia to host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/gaaf2024.com\/\" style=\"\" rel=\"noopener\">Global Airport &amp; Aviation Forum<\/a><\/strong><strong> from Wednesday, 16 October to <\/strong><strong>Thursday, 17 Octobe<\/strong>r in Jeddah. The forum will bring together aviation leaders and experts to discuss future projects in the aviation industry, including new airport developments, capacity upgrades and expansions, new aircraft orders, and important airport services. <\/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:\/\/smartportstransformation.com\/\" style=\"\" rel=\"noopener\">Smart Ports &amp; Logistics Transformation Summit<\/a><\/strong><strong> on <\/strong><strong>Monday, 21 October and Tuesday, 22 October<\/strong> in Riyadh. The two-day conference aims to discuss strategies, innovation, and technologies in line with Saudi Arabia\u2019s Vision 2030, which aims to position KSA as a logistics hub in the MENA region. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/theires.org\/Conference\/18859\/ICTTL\/\" style=\"\" rel=\"noopener\">International Conference on Tourism, Transport, and<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/theires.org\/Conference\/18859\/ICTTL\/\" style=\"\" rel=\"noopener\">Logistics<\/a><\/strong><strong> on Saturday, 26 October and Sunday, 27 October<\/strong> in Dubai. The event will gather scientists, scholars, and engineers from around the world to discuss new ideas and research development projects in the 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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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<\/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\/09\/24\/egyptian-consortium-to-build-usd-450-mn-dekheila-dry-bulk-terminal\/\" 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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href=\"https:\/\/api.whatsapp.com\/send?text=Egyptian+consortium+to+build+USD+450+mn+Dekheila+dry+bulk+terminal+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F24%2Fegyptian-consortium-to-build-usd-450-mn-dekheila-dry-bulk-terminal%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\/09\/24\/egyptian-consortium-to-build-usd-450-mn-dekheila-dry-bulk-terminal\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1782.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81214\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/24\/egyptian-consortium-to-build-usd-450-mn-dekheila-dry-bulk-terminal\/1782-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1782.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1782.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1782.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1782.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81213\" class=\"content-area-description single-story post-81213 post type-post status-publish format-standard has-post-thumbnail hentry category-ports tag-egypt tag-ports tag-projects 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\/9\/.fe4d8e61-92ac-4297-a145-77d80a50ff78.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Dekheila dry bulk terminal development contract awarded:<\/strong> A local Egyptian consortium will invest USD 450 mn to build, manage, and operate a 300k square meter dry bulk terminal in the country\u2019s Dekheila Port under an initial agreement inked with the Alexandria Port Authority, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MinistryTransportation\/posts\/pfbid02r8wUp11vV52Bxrtnry5u14yitJDunrP36rh7nBtVKGGbRn4PSKjVMLQd2hVqaBA6l\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Who\u2019s in on the project?<\/strong><span style=\"background-color: transparent;\"> The consortium includes four local firms \u2014 commodities trader <\/span><a target=\"_blank\" href=\"https:\/\/mediterraneo-egypt.com\/\" rel=\"noopener\">Mediterraneo Egypt<\/a><span style=\"background-color: transparent;\">, <\/span><a target=\"_blank\" href=\"http:\/\/www.latt.com.eg\/\" rel=\"noopener\">Latt Trading and Shipping<\/a><span style=\"background-color: transparent;\">, the Holding Company for Maritime and Land Transport, and Elsewedy.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A long time coming: <\/strong>Alexandria Port Authority has been on the hunt for grain shipping and handling companies to take over the terminal <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4429971b-017b-4efb-805b-755bb2ea9d95\" style=\"\" rel=\"noopener\">since August 2023<\/a>. And <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a17d2714-c74f-42d5-afa5-205839c0e91c\/three-terminals-to-be-handed-over-to-operators-by-year-end\" style=\"\" rel=\"noopener\">until last month<\/a>, several local consortiums were competing to manage and operate the terminal.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Project profile:<\/strong> The consortium will develop, manage, operate, and maintain the 300k sqm terminal and its accompanying logistics zone. The project aims to boost handling and storage capacity, particularly for grains like wheat, corn, and soybeans \u2014 it should add some 6-7 mn tons to our annual handling capacity and have the ability to accommodate up to four ships of up to 240 meters each.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Work has already started: <\/strong>The project\u2019s superstructure is already 51% complete, according to the statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Part of a wider plan: <\/strong>The project is part of efforts to develop the Alexandria Port and boost its capacity to over 120 mn tons a year, the statement says. The new Madbouly <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e1acdd58-f51f-4c99-bc21-f956655ee3ed\/a-deep-dive-into-the-new-cabinet%25e2%2580%2599s-new-transport-and-logistics-infrastructure-strategy\" style=\"\" rel=\"noopener\">government is looking to continue developing<\/a> logistics zones adjacent to ports to mediate transport between production hubs and export and import terminals, as part of its efforts to improve the country\u2019s ports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER: <\/strong>Alexandria Port Authority is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a17d2714-c74f-42d5-afa5-205839c0e91c\/three-terminals-to-be-handed-over-to-operators-by-year-end\" style=\"\" rel=\"noopener\">gearing up to hand over<\/a> two more maritime terminals to local and foreign operators this year \u2014 the Alexandria Port\u2019s passenger terminal and the container terminal at Dekheila Port. <\/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\/egypt\/\">Egypt<\/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\/projects\/\">PROJECTS<\/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=\"81215\" 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=\"81215\">\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\">Zones<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/24\/chinas-haier-breaks-ground-on-second-phase-of-industrial-complex\/\">\r\n                            China\u2019s Haier breaks ground on second phase of industrial complex                        <\/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\/09\/24\/chinas-haier-breaks-ground-on-second-phase-of-industrial-complex\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The second phase of the project is scheduled to go online and begin production in 4Q 2025, Haier Egypt General Manager Ahmed El Gendi told us.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>This second phase of the project will have a production capacity of 300k refrigerators and deep freezers and offer around 1k jobs, according to an Investment Ministry <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0RECbA8XYWj8qoGTghkJWcV2dRcR3CTyjzi5kRuNstCkAdHb1m9DMdi3JrcHGqMB8l?rdid=VNtuqqipA61opZsC\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Big export plans: <\/strong><span style=\"background-color: transparent;\">Haier started exporting its Egypt-made products to Kenya and Seychelles and has plans to start exporting to Spain, Jordan, and Algeria before the end of the year, El Gendi told us. The company aims to export 30% of its output by 2025, he added.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER: <\/strong>Haier <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7cf64e09-d946-4480-a14f-11c860716cc3\/\" style=\"\" rel=\"noopener\">inaugurated<\/a> the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/358b6591-3db7-4fa1-bb2f-de2e69e31cc8\" style=\"\" rel=\"noopener\">USD 130 mn eco-industrial park<\/a> back in May. The first phase of production at the park \u2014 which primarily targets the local market \u2014 kicked off in March, rolling out ACs and TV sets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Preparations are underway for a third phase: <\/strong>The Industrial Development Authority has already allocated 45k sqm for the third phase of the complex, El Gendi said on the sidelines of the conference. The third phase will produce 22k air conditioning units a year with an investment of USD 50 mn, El Gendi added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Haier has been on Egypt\u2019s list: <\/strong>Haier was one of the firms that received <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/49e94fca-e544-45f3-90bd-06a9a43cb6c2\/egypt-to-ease-payment-terms-for-industrial-land-purchases.-plus:-bosch-subsidiary-%2B-turkey%25e2%2580%2599s-beko-get-golden-licenses\" style=\"\" rel=\"noopener\">golden licenses<\/a> to operate in Egypt back in 2022. It was also amongst <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7ab1bb44-eba0-432c-b2cb-422fe8888369\/turkey%25e2%2580%2599s-beko-has-officially-set-up-shop-in-egypt-with-new-usd-100-mn-factory.-plus:-seic-%2B-abu-qir-fertilizers,-beko,-egyptalum,-zilla-capital,-city-lab-%2B-cairo-clinical-lab\" style=\"\" rel=\"noopener\">three big international companies<\/a> that the government wanted to attract, alongside Turkish home appliance manufacturer Beko and subsidiary of Germany\u2019s Bosch, BSH Home Appliances.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/zones\/\">ZONES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81217 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"81217\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/24\/81217\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81217\" class=\"content-area-description single-story post-81217 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81218\" 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=\"81218\">\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\">The Macro Picture<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/24\/mena-ports-take-a-dip-on-2023-container-port-performance-index\/\">\r\n                            MENA ports take a dip on 2023 container port performance index                        <\/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\/09\/24\/mena-ports-take-a-dip-on-2023-container-port-performance-index\/\" 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\/09\/24\/mena-ports-take-a-dip-on-2023-container-port-performance-index\/')\">\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\/09\/24\/mena-ports-take-a-dip-on-2023-container-port-performance-index\/\">\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=MENA ports take a dip on 2023 container port performance index&url=https:\/\/enterpriseam.com\/logistics\/2024\/09\/24\/mena-ports-take-a-dip-on-2023-container-port-performance-index\/\">\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\/09\/24\/mena-ports-take-a-dip-on-2023-container-port-performance-index\/&title=MENA ports take a dip on 2023 container port performance index\">\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=MENA+ports+take+a+dip+on+2023+container+port+performance+index+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F24%2Fmena-ports-take-a-dip-on-2023-container-port-performance-index%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\/09\/24\/mena-ports-take-a-dip-on-2023-container-port-performance-index\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1405.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81219\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/24\/mena-ports-take-a-dip-on-2023-container-port-performance-index\/1405-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1405.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1405.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1405.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1405.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81218\" class=\"content-area-description single-story post-81218 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-egypt tag-oman tag-saudi-arabia tag-shipping-maritime tag-the-macro-picture 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\/9\/.330a5075-d623-4c11-82e3-4209c3e31e57.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>The Middle East\u2019s port performance has dropped on the World Bank and S&amp;P <\/strong><strong>Global\u2019s Container Port Performance Index (CPPI)<\/strong>, according to a recent <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/8\/2383.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a> which assesses the operational performance of container ports worldwide. Qatar\u2019s Hamad Port, which dropped <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/1761fd21-2af0-46a2-9b64-3aedb7a364c6\/\" style=\"\" rel=\"noopener\">three places y-o-y<\/a> to settle at the 11th spot and Egypt\u2019s Port Said fell six places claiming 16th.<\/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 UAE saw major drops in performance: <\/strong><span style=\"background-color: transparent;\">Abu Dhabi\u2019s Khalifa Port saw a major drop to 29th place from its previous ranking in third place. Jebel Ali came in 49th place, dropping 11 places from last year, while Sharjah recorded a slight rise by four places to sit at 123th place.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi ports dipped in this year\u2019s rankings: <\/strong>KSA\u2019s King Abdullah Port \u2014 which held first place on the <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/5\/1213.pdf\" style=\"\" rel=\"noopener\">2021 index (pdf)<\/a> \u2014 sharply declined to settle at 30th place, falling from 17th place in 2022. Jeddah also experienced a significant drop to 58th place from 29th place in 2022. Similarly, Dammam slipped four spots from last year, to settle at 35th place.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There were exceptions: <\/strong>Oman\u2019s Salalah Port remained at the top of the list, securing the second overall spot \u2014 unchanged from 2021. Similarly, Morocco\u2019s Tangier-Mediterranean also retained its spot in fourth place on the ranking.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>GCC countries underperformed overall:<\/strong> Kuwait\u2019s Shuwaikh Port dropped from 73rd place to 208th, while Shuaiba ranked in 161st, down from 121st. Oman\u2019s Sohar Port also recorded a dip to 66th place, down from 49th. On a positive note, Bahrain\u2019s Khalifa Bin Salman Port jumped up by 30 places, nabbing 43th place.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Levantine ports told a mixed tale:<\/strong> Jordan\u2019s Aqaba Port fell to 87th place, dropping from 59th the year prior and from its position in the 30s in 2021. Over in Lebanon, Beirut Port leaped up to 68th place, after ranking near the bottom 10 at 320 last year. Tripoli Port\u2019s ranking increased to 102nd place from 219th.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s Mediterranean-linked ports creeped up in the rankings:<\/strong> Egypt\u2019s Sokhna Port jumped up to 122, up from 269 the year prior. Alexandria Port increased to 172, up from 268. Yemen\u2019s Port of Aden came in at 237, up from 262.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Israel was hit hard:<\/strong> Haifa port saw its rankings plummet to 119th place from 56th. Israel\u2019s key ports, including the Mediterranean\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ddf85314-fe0b-450a-9f22-22483c5133de\/%253cmark%253e%253c%2Fmark%253epif%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eand%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eardian%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ehammer%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eout%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eheathrow%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eacquisition%253cmark%253e%253c%2Fmark%253e-%2B%253cmark%253e%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253edp%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eworld%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ewas%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ebusy%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eduring%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ethe%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eeid%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ebreak%253cmark%253e%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">Haifa<\/a> and the Red Sea port of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ebb2e95f-cc24-4e08-a0cd-0c849e6601b5\/today:--lots-of-port-business-%2B-a-blockbuster-gas-supply-agreement-for-iran\" style=\"\" rel=\"noopener\">Eilat<\/a>, continue to be targeted by Iranian proxies, with several incidents reported <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ddf85314-fe0b-450a-9f22-22483c5133de\/pif-and-ardian-hammer-out-heathrow-acquisition-%2B-dp-world-was-busy-during-the-eid-break\" style=\"\" rel=\"noopener\">in June<\/a> alone.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bridging operational gaps:<\/strong> Average global port call times increased in 2023 to 40.5 hours, a slight rise from 36.8 hours the year prior. Some 3.71 hours, 11.7%, were spent as idle time at berths before and after cargo operations. To streamline operations, ports will need to focus on implementing more efficient planning, preparation, and communication techniques to reduce the almost four hours spent in stalled time, the report recommends.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Port congestion is on the rise in 2024:<\/strong> The number of ships crossing through the Suez Canal <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/65c60259-194c-4cd9-90bd-ffc171452837\/today:-a-big-news-day-for-egypt-%2B-nmdc-energy-will-make-its-adx-debut-on-wednesday\" style=\"\" rel=\"noopener\">has dropped by 66%<\/a>, with attacks by the Houthis in the Red Sea forcing ships to divert their vessels around Africa since late last year. \u201cThese disruptions have led to service reconfigurations and volume shifts, straining infrastructure and resulting in port congestion, delays, and shortages in capacity and equipment,\u201d Maersk said this month, adding that a \u201ctimeline for easing these disruptions and returning to normal remains uncertain.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And we can expect more challenges to come:<\/strong> Congestion at Jebel Ali Port rose <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2d6bb002-86d8-4a1b-b673-9022a000d2a8\/shipping-liner-connectivity-fluctuates-as-red-sea-ports-continue-to-grapple-with-tensions\" style=\"\" rel=\"noopener\">sharply in 2Q 2024<\/a>, as the port looked to support vessels being rerouted around the Cape of Good Hope. An increase in vessel arrivals has resulted in inter-terminal lags and weakened operational efficiency, with high yard density at various terminals straining port facilities. So, delay times spiked in May, hitting three to four days, with vessels' arrival-to-berthing wait time reaching up to seven days. As such, \u201cthe congestion at Jebel Ali also necessitated the rerouting and omission of varying terminals,\u201d Business Development Manager of Finmar Group Ahmed Mouselhy <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b5829c37-b9d5-4f3f-b7d2-23e2af7dca70\/coffee-with:-ahmed-mouselhy,-business-development-manager-of-finmar-group\" style=\"\" rel=\"noopener\">told<\/a> Enterprise.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Exploring alternative routes:<\/strong> To maneuver through the disruptions, major shipping lines have been \u201cforced to load and distribute their eastbound Gulf, ISC, and Far East Volume \u2014 specifically out of Sokhna \u2014 onto feeder operations like XPress to ensure continuity of operations,\u201d Mousehly added.<\/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\/egypt\/\">Egypt<\/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\/saudi-arabia\/\">Saudi Arabia<\/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\/the-macro-picture\/\">THE MACRO PICTURE<\/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=\"81220 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=\"81220\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/24\/81220\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81220\" class=\"content-area-description single-story post-81220 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=\"81221\" 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=\"81221\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/24\/chinas-making-more-moves-in-egypts-sczone\/\">\r\n                            China\u2019s making more moves in Egypt\u2019s SCZone                        <\/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\/09\/24\/chinas-making-more-moves-in-egypts-sczone\/\" 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            <a href=\"https:\/\/api.whatsapp.com\/send?text=China%E2%80%99s+making+more+moves+in+Egypt%E2%80%99s+SCZone+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F24%2Fchinas-making-more-moves-in-egypts-sczone%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\/09\/24\/chinas-making-more-moves-in-egypts-sczone\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1721.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81222\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/24\/chinas-making-more-moves-in-egypts-sczone\/1721-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1721.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1721.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1721.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1721.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81221\" class=\"content-area-description single-story post-81221 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-egypt tag-zones 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\/9\/.f1917952-4bc2-4bb0-b1ce-a2e660060bc5.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">ZONES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> SCZone breaks ground on chemical plant in Ain Sokhna:<\/strong> Egypt\u2019s SCZone has broken ground China-based Kemedi Chemical Company\u2019s new USD 30 mn chemical manufacturing facility in the TEDA industrial zone in Ain Sokhna, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/SCZONE.EG\/posts\/pfbid025up7VjoUwPkUcrGbgBsn9JTvxkw6oG55GPcfBG7uiFJj43Ea2R3e1vxgG8fNqCsMl?locale=en_GB\" style=\"\" rel=\"noopener\">statement<\/a>. The facility, built over 60k sqm, looks to produce over 40k tonnes of calcium hypochlorite per year and will be the largest production base for calcium hypochlorite in Egypt and Africa, according to the statement. The project is being developed in two phases, with production to begin following the completion of the first phase in May 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">D\u00e9j\u00e0 vu?<\/strong><span style=\"background-color: transparent;\"> We first heard about the project back <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/627f4029-fd82-4889-9f31-47f86e21b828\/construction-of-new-usd-30-mn-chinese-chemical-factory-from-kemidi-in-ain-sokhna-kicks-off\" rel=\"noopener\">in May<\/a><span style=\"background-color: transparent;\"> \u2014 but at a cost of only USD 17.2 mn.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China plays a prominent role in the SCZone:<\/strong> So far, there are upwards of 160 Chinese companies that have established bases in the zone, who have collectively invested around USD 2 bn, Suez Canal Economic Zone Chief Walid Gamal El Din said. The most recent swath of big-ticket investment news coming from China was a raft of contracts and MoUs with Chinese companies totaling over USD 1.1 bn signed at the Forum on China-Africa Cooperation in Beijing earlier <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f6bf00a7-4d6f-4ab7-a469-59d25c703a6e\/%253cmark%253e%253c%2Fmark%253eegypt%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253einks%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eover%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eusd%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253e1%253cmark%253e%253c%2Fmark%253e.%253cmark%253e%253c%2Fmark%253e1%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ebn%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eworth%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eof%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eagreements%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eand%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253emous%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eat%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eforum%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eon%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253echina%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eafrica%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ecooperation%253cmark%253e%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">this month<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Iraqi Airways launches new UAE route<\/strong><strong>:<\/strong> Iraqi Airways will begin running four weekly flights from Baghdad to Sharjah starting from 17 October. (<a target=\"_blank\" href=\"https:\/\/www.ina.iq\/217441--.html\" style=\"\" rel=\"noopener\">Ina<\/a>)<\/li>\n<li><strong>Bhutan\u2019s <\/strong><strong>Drukair launche<\/strong><strong>s new Dubai route: <\/strong>National Bhutan carrier Drukair will start two weekly flights between Bhutan\u2019s Paro and the UAE\u2019s Dubai starting 28 October. (<a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/business\/aviation\/drukair-to-start-two-weekly-flights-from-bhutan-to-dubai-w3l6g3ka\" style=\"\" rel=\"noopener\">Zawya<\/a>)<\/li>\n<li><strong>Emirates adding <\/strong><strong>flight to Johannesburg-Dubai route:<\/strong> Emirates will add a fourth daily flight from Johannesburg in South Africa to Dubai starting 1 March 2025. (<a target=\"_blank\" href=\"https:\/\/www.emirates.com\/media-centre\/emirates-deepens-presence-in-south-africa-and-adds-fourth-daily-flight-to-johannesburg\/\" style=\"\" rel=\"noopener\">Emirates<\/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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/zones\/\">ZONES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81223\" 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=\"81223\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/24\/cma-cgm-eyes-full-takeover-bid-for-santos-brasil\/\">\r\n                            CMA CGM eyes full takeover bid for Santos Brasil                        <\/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\/09\/24\/cma-cgm-eyes-full-takeover-bid-for-santos-brasil\/\" 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\/09\/24\/cma-cgm-eyes-full-takeover-bid-for-santos-brasil\/')\">\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\/09\/24\/cma-cgm-eyes-full-takeover-bid-for-santos-brasil\/\">\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=CMA CGM eyes full takeover bid for Santos Brasil&url=https:\/\/enterpriseam.com\/logistics\/2024\/09\/24\/cma-cgm-eyes-full-takeover-bid-for-santos-brasil\/\">\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\/09\/24\/cma-cgm-eyes-full-takeover-bid-for-santos-brasil\/&title=CMA CGM eyes full takeover bid for Santos Brasil\">\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=CMA+CGM+eyes+full+takeover+bid+for+Santos+Brasil+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2024%2F09%2F24%2Fcma-cgm-eyes-full-takeover-bid-for-santos-brasil%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\/09\/24\/cma-cgm-eyes-full-takeover-bid-for-santos-brasil\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1348.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81224\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/09\/24\/cma-cgm-eyes-full-takeover-bid-for-santos-brasil\/1348-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1348.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1348.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1348.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1348.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81223\" class=\"content-area-description single-story post-81223 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-china tag-cma-cgm tag-lng 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\/9\/.f0981f52-315e-421e-b92a-ffe2a22c7510.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>CMA CGM to l<\/strong><strong>aunch takeover bid for Santos Brasil after acquisition: <\/strong>French shipping Giant CMA CGM is planning a full takeover bid for multi-terminal port operator Santos Brasil, after it agreed to buy a 48% stake of the company worth USD 1.2 bn (BRL 6.3 bn), <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/deals\/cma-cgm-agrees-buy-48-santos-brasil-12-bln-will-launch-takeover-bid-2024-09-23\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a <a target=\"_blank\" href=\"https:\/\/www.cmacgm-group.com\/en\/news-media\/cma-cgm-acquire-c48-stake-santos-brasil-multi-terminal-operator\" style=\"\" rel=\"noopener\">statement<\/a>. CMA CGM would buy some 215 mn shares and c.40 mn Global Depositary Receipts of Santos Brazil for USD 2.78 (BRL 15.30) per share. The transaction is expected to be finalized in early 2025, then CMA CGM would take over within 30 days after the closing of the stake purchase and needed approvals.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Details:<\/strong><span style=\"background-color: transparent;\"> The agreement is long-term till 2047, with a capacity of 2.5 mn TEUs, which could be expanded to 3 mn, and three berth slots capable of handling 14k TEUs ships, according to the statement. Santos Brasil manages a portfolio of eight assets on the Brazilian coast, which includes three container terminals, one vehicle terminal, one liquid bulk terminal and three logistics facilities, all the assets are located in Ports of Santos, Imbituba, Vila do Conde, Itaqui, and S\u00e3o Paulo.<\/span><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looming strikes at US ports threaten supply chains:<\/strong> Almost 45k dockworkers at all major eastern US and Gulf coast ports are threatening to strike on 1 October, demanding a near 80% raise over six years, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-09-23\/us-ports-are-threatened-with-strikes-in-election-season-jolt?srnd=phx-economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. The strike \u2014 which would be just weeks before the US presidential elections \u2014 could potentially disrupt supply chains and hike prices. Analysts warn that the impact would be felt worldwide as port congestion hampers shipping capacity and increases freight rates.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The impact: <\/strong>The backlog from a weeklong strike would take at least four weeks to clear and impose a USD 4.5 bn to USD 7.5 bn hit, Bloomberg quoted Oxford associate economist Grace Zwemmer as saying. The impact will also be felt with items that cannot be stockpiled, such as bananas, two-thirds of which are unloaded at eastern and Gulf Coast ports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OTHER STORIES WORTH KNOWING THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Alaska Airlines flights disrupted after IT<\/strong><strong> outage:<\/strong> US airline Alaskan Airlines faced an IT outage on Monday, disrupting operations and delaying flights. The airline issued a mandatory ground stop for arrivals in Seattle for two hours. Alaskan Airlines said the outage was not due to a cyber attack and that it has been resolved, although a residual impact is still expected. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/alaska-airlines-hit-by-it-outage-causing-ground-stop-seattle-2024-09-23\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<li><strong>Singapore opens new shipyard: <\/strong>Singapore\u2019s ST Engineering has opened a USD 95 mn yard \u2014 dubbed Gulf Yard \u2014 to build and repair ships at Gulf Road in Singapore\u2019s west. (<a target=\"_blank\" href=\"https:\/\/www.britcham.org.sg\/news\/st-engineering-opens-new-high-tech-14ha-shipyard-gul-road\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>DHL to triple <\/strong><strong>its shipping capacity at Porto Airport:<\/strong> DHL Express Portugal is expanding its presence at Francisco S\u00e1 Carneiro Airport in Porto, Portugal with a new facility worth EUR 25 mn. The facility is 18k square meters, can process 6.5k pieces per hour for imports, an increase of 150%, and 5k pieces per hour for exports, an increase of 300%. (<a target=\"_blank\" href=\"https:\/\/group.dhl.com\/en\/media-relations\/press-releases\/2024\/dhl-express-to-triple-its-shipping-capacity-at-porto-airport.html\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/cma-cgm\/\">CMA CGM<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/lng\/\">LNG<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81225\" 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\/09\/24\/81225\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81225\" class=\"content-area-description single-story post-81225 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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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 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>12-14 October (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2024\/8\/1791.pdf\" style=\"\">Global Logistics 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>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>, 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>, 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>13-15 November (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.azernews.az\/business\/230842.html\" style=\"\">ITC North-South - New Horizons<\/a><\/span><span style=\"font-weight:400;\">, Astrakhan, Russia<\/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;\">FEBRUARY <\/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>4-5 February (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.seatrade-maritime.com\/event-news\/qatar-boosts-maritime-growth-new-shipping-event-2025\" style=\"\">Seatrade Maritime Qatar<\/a><\/span><span style=\"font-weight:400;\">, Doha, Qatar.<\/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;\">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>4-6 November: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/tiaca.org\/tiaca-to-hold-air-cargo-forum-2025\/\" style=\"\">The International Air Cargo Association TIACA\u2019s Air Cargo Forum 2025<\/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 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>Port and trade updates from Egypt | Makin\u2019s engine manufacturing facility is 40% complete | MENA ports performance dipped in 2023.<\/p>\n","protected":false},"featured_media":81209,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-81208","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"6c46849a-c11b-4216-bb10-9a0d91715238","teaser":"Port and trade updates from Egypt | Makin\u2019s engine manufacturing facility is 40% complete | MENA ports performance dipped in 2023.","photo_url":"https:\/\/ent.news\/2024\/1\/1229.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egyptian consortium to build USD 450 mn Dekheila dry bulk terminal - Logistics<\/title>\n<meta name=\"robots\" content=\"index, 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