{"id":81738,"date":"2024-10-17T00:00:00","date_gmt":"2024-10-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=81738"},"modified":"2025-12-15T15:29:00","modified_gmt":"2025-12-15T15:29:00","slug":"adnoc-increases-its-stake-in-fertiglobe","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/adnoc-increases-its-stake-in-fertiglobe\/","title":{"rendered":"Adnoc increases its stake in Fertiglobe"},"content":{"rendered":"<section id=\"81740\" 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=\"81740\">\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\/10\/17\/today-adnoc-increases-its-stake-in-fertiglobe-al-seer-marine-secures-financing-from-chinas-bocom\/\">\r\n                            TODAY: Adnoc increases its stake in Fertiglobe + Al Seer Marine secures financing from China\u2019s Bocom                        <\/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 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data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/17\/today-adnoc-increases-its-stake-in-fertiglobe-al-seer-marine-secures-financing-from-chinas-bocom\/1447-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1447.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1447.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1447.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1447.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81740\" class=\"content-area-description single-story post-81740 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-airbus tag-boeing tag-egypt tag-jumia tag-saudi-arabia tag-tunisia tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.a3e62699-e22c-4940-87c5-af241dbf299f.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, folks. <\/strong>We have a compact issue this morning with the latest M&A updates from Adnoc and a bit of financing news from Al Seer Marine, along with a smattering of investment and aircraft manufacturing tidbits to unpack below. <\/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><\/strong><strong><a id=\"wwtt1\"><\/a> #1- Saudi and Egyptian private sector players have pledged to make investments worth<\/strong><strong> USD 15 bn in Egypt<\/strong> across renewable energy, industry, real estate, tourism, and technology sectors, Saudi-Egyptian Business Council head Bandar Al Amri told <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2024\/10\/16\/%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A7%D8%AA-%D9%84%D8%B6%D8%AE-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-15-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1\" style=\"\" rel=\"noopener\">Al Arabiya Business<\/a>, without naming any of the potential investors. The investments were pending the Promotion and Mutual Protection of Investments agreement was signed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/7dfd9c3d-664f-4324-a21e-a38d12f214ce\/mohammed-bin-salman-talks-investment-%2B-regional-diplomacy-in-cairo\" style=\"\" rel=\"noopener\">on Tuesday in Cairo<\/a> during Crown Prince and Prime Minister Mohammed bin Salman\u2019s meeting with President Abdel Fattah El Sisi.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Saudi firms are reportedly in negotiations for projects with Algeria\u2019s state-owned oil<\/strong><strong> company <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.sonatrach.co.uk\/about-us\/#:~:text=Sonatrach%20S.P.A.%20is%20the%20largest,of%20hydrocarbons%20and%20by%2Dproducts.\" style=\"\" rel=\"noopener\">Sonatrach<\/a><\/strong><strong> to ramp up production at the company\u2019s facilities, <\/strong><a target=\"_blank\" href=\"https:\/\/www.elkhabar.com\/press\/article\/251025\/7-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D9%86%D9%81%D8%B7%D9%8A%D8%A9-%D8%B3%D8%AA%D8%B3%D8%AA%D8%AB%D9%85%D8%B1-%D9%81%D9%8A-%D8%A7%D9%84%D8%AC%D8%B2%D8%A7%D8%A6%D8%B1-%D9%84%D8%A3%D9%88%D9%84-%D9%85%D8%B1%D8%A9\/\" style=\"\" rel=\"noopener\">Elkhabar<\/a> quotes National Agency for Hydrocarbon Resources Development President Mourad Beldjehem as saying. No additional details were provided.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CLOSER TO HOME-<\/strong> Saudi Industry Minister Bandar Al Khorayef met with Italian and global companies to explore the localization of EV manufacturing, according to a <a target=\"_blank\" href=\"https:\/\/x.com\/Jarrah_4\/status\/1845931711252590920\" style=\"\" rel=\"noopener\">statement<\/a>. The two parties also discussed enhancing cooperation in the aviation and shipbuilding industries. Al Khorayef also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/3d699372-ad8c-4aa4-952f-244521803bc5\/al-khorayef-pitches%253cmark%253e-italy%253c%2Fmark%253e-on-mining,-sustainability,-and-renewables\" style=\"\" rel=\"noopener\">held talks with officials<\/a> from Swiss EV company Pi\u00ebch, Saudi-based holding company Nimr, Italy-based shipbuilding company Fincantieri, and Italy-based tech player AlmavivA.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a> #2- <\/strong><strong>Alexandria Port Authority + AVITEM discuss port development: <\/strong>The Alexandria Port Authority received a delegation from the French Agency for Sustainable Mediterranean Cities and Regions (AVITEM) to discuss the possibility of enhancing cooperation in port development and expansion, including strengthening capabilities and expanding capacities, according to a <a target=\"_blank\" href=\"https:\/\/apa.gov.eg\/en\/%d8%a7%d9%84%d9%87%d9%8a%d8%a6%d8%a9-%d8%a7%d9%84%d8%b9%d8%a7%d9%85%d8%a9-%d9%84%d9%85%d9%8a%d9%86%d8%a7%d8%a1-%d8%a7%d9%84%d8%a3%d8%b3%d9%83%d9%86%d8%af%d8%b1%d9%8a%d8%a9-%d8%aa%d8%b3%d8%aa%d9%82-7\/\" style=\"\" rel=\"noopener\">statement<\/a>. They also discussed the construction and operation of three bridges to directly connect the port gates to the Marshal Abu Zekry Axis to alleviate traffic congestion in the governorate and reduce the number of trucks on its roads.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong><a id=\"wwtt3\"><\/a> #3- <\/strong><strong>Emirates taps Airbus and Boeing for new freighter order<\/strong><strong>: <\/strong>The UAE\u2019s Emirates is in talks with Airbus and Boeing to acquire freighter versions of the A350 and 777X as it plans to triple its cargo fleet to 35 planes by 2030, senior vice president Nadeem Sultan told <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/aviation\/2024\/10\/16\/emirates\/\" style=\"\" rel=\"noopener\">The National<\/a>. Although the size of the order is still undecided, the airline expects to make a decision on the investment ticket within weeks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Expanding its fleet: <\/strong>Emirates currently boasts a fleet of Boeing 777 freighters, with several of them on lease. The airline announced a freighter aircraft order in July to replace some of the expiring leases.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Despite the woes: <\/strong>The decision is being taken despite delays in Boeing 777X\u2019s programme and Rolls-Royce engine durability issues on the A350s.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SPEAKING OF THOSE TWO- <\/strong><strong>A<\/strong><strong>irlines are growing exasperated<\/strong><strong> with the lack of choice: <\/strong>The aviation industry requires more aircraft manufacturers to enter the production game and challenge Boeing and Airbus\u2019 duopoly, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/aviation\/2024\/10\/15\/industry-needs-third-and-fourth-jet-maker-to-revive-competition-flydubai-boss-says\/\" style=\"\" rel=\"noopener\">The National<\/a> reports, citing comments made by flydubai Chief Executive Ghaith Al Ghaith at Aviation Future Week in Dubai. \u201cIt\u2019s about time that there\u2019s a third and even fourth aircraft manufacturer. The bottleneck, the choke, that we see right now in the business is because of the limitation that you don\u2019t have enough competition,\u201d Al Ghaith said. The UAE\u2019s budget carrier flydubai announced its expansion plans would be hampered by delays in Boeing\u2019s delivery schedule back <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/45ad90f3-fb15-4a4a-b9d5-2ca7028c1b91\/today:-oman%25e2%2580%2599s-asyad-expands-global-footprint-with-skybridge-acquistion\" style=\"\" rel=\"noopener\">in July<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Frustrations are boiling over: <\/strong>There\u2019s no sign that the \u201cmassively frustrating\u201d delivery delays from both Boeing and Airbus will improve, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/airbus-boeing-aircraft-delivery-delays-not-improving-iata-head-says-2024-10-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing comments made by International Air Transport Association Director General Willie Walsh. A number of European airlines have spoken out about the impact on their operations, with Air France-KLM saying that it had experienced engine issues on its Airbus A220 orders and Lufthansa saying that Boeing 777X <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7e89d397-ac81-42a9-a5cb-398f83a46c11\/%253cmark%253e%253c%2Fmark%253etoday%253cmark%253e%253c%2Fmark%253e:%253cmark%253e%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253eit%253cmark%253e%253c%2Fmark%253e%25e2%2580%2599%253cmark%253e%253c%2Fmark%253es%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ea%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eblockbuster%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eday%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253efor%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253elogistics%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eforums%253cmark%253e%253c%2Fmark%253e-%2B%253cmark%253e%253c%2Fmark%253e%253cmark%253e%253c%2Fmark%253easyad%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253ebreaks%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eground%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eon%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253emuscat%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253eairport%253cmark%253e%253c%2Fmark%253e-%253cmark%253e%253c%2Fmark%253efreezone%253cmark%253e%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">delays<\/a> have reached around five years, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/european-airlines-grappling-with-plane-delivery-delays-2024-10-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Is there an alternative?<\/strong> Chinese aircraft manufacturer Comac is pushing its C919 narrow-body plane as an alternative to Airbus\u2019 A320 Neo and Boeing\u2019s 737 Max, the news outlet writes. Although the plane is new and its long-term performance is still unknown, it could be a \u201cpotential competitor\u201d for two of the dominating manufacturers' popular models, Air Arabia fleet planning director Tony Whitby told the news outlet.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Dubai Aerospace Enterprise CEO Firoz Tarapore backed Comac\u2019s chances of breaking the Boeing-Airbus duopoly within the next 10 years <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ddf85314-fe0b-450a-9f22-22483c5133de\" style=\"\" rel=\"noopener\">back in June<\/a>. Despite difficulty in obtaining certifications from European and US regulators, Comac is garnering attention as the other planemakers face labor shortages and engine issues resulting in delivery delays and disrupting airline growth plans, Reuters wrote at the time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong><a id=\"wwtt4\"><\/a> #4- <\/strong><strong>E-commerce retailer Jumia is shutting down its Tunisian operations by year-end<\/strong>, CEO Francis Dufay told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/retail-consumer\/african-online-retailer-jumia-exit-south-africa-tunisia-2024-10-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. The company is also closing its South African online fashion retailer Zando in an attempt to cut costs to raise profitability. The e-commerce platform \u2014 which is still operating in Egypt, Morocco, Kenya, and Nigeria \u2014 will \u201ceasily\u201d regain any volumes lost in the move from its remaining markets, Dufay told the newswire, adding that the Tunisian and South African markets accounted for 2.7% of total orders in the six months ending in 30 June. Neither operations will be sold, and instead clearance sales will be held before closing down operations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Watch and wait:<\/strong> Oil prices edged higher in early morning trading as investors monitor developments in the Middle East and await US oil inventory data and China\u2019s stimulus plans, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-inches-up-after-surprise-drop-us-crude-stockpiles-2024-10-17\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures rose USD 0.17 to trade at USD 74.39 per barrel by 04.08 GMT, while US West Texas Intermediate (WTI) futures gained USD 0.19 to trade at USD 70.58 per barrel. Oil prices closed at their lowest levels since 2 October yesterday for the second day in a row. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil product stock at UAE\u2019s Port of Fujairah increased by 5.6% last week amounting to a <\/strong><strong>total of 16.9 mn barrels<\/strong>, according to an <a target=\"_blank\" href=\"https:\/\/www.spglobal.com\/commodityinsights\/en\/market-insights\/latest-news\/shipping\/101624-fujairah-data-oil-product-stocks-climb-56-on-week-on-higher-middle-distillates\" style=\"\" rel=\"noopener\">S&P Global<\/a> report. It\u2019s the third consecutive weekly increase and comes thanks to a 38% rise in inventories of so-called middle distillates such as jet fuel and diesel. <strong>Fuel oil exports to Saudi Arabia from Fujairah rose by almost five-fold in the second week of October.<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong><strong> Baltic index continues decline:<\/strong> The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 dropped <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\" rel=\"noopener\">about 5.1% to 1,676 points<\/a> on Tuesday, registering an over two-month low. The capesize index dipped 221 points to a two-month low of 2,552 points, while the panamax index shed 55 points to 1,309 points. The smaller supramax lost another 3 points to 1,257 points.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">PSA-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hapag-Lloyd issues <\/strong><strong>Turkey-to-Morocco <\/strong><strong>sur<\/strong><strong>charge:<\/strong> Shipping giant Hapag-Lloyd will add a peak season supercharge (PSS) from Turkey\u2019s Istanbul and Gemlik to Casablanca in Morocco starting 1 November 2024 and until further notice, according to a <a target=\"_blank\" href=\"https:\/\/www.hapag-lloyd.com\/en\/services-information\/news\/2024\/10\/here-s-a-pss-from-tuerkiye-to-morocco.html\" style=\"\" rel=\"noopener\">statement<\/a>. The PSS will be applied to all cargo and equipment at a rate of USD 300 per 20ft container and USD 350 per 40ft container. <\/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, Transmar, and AK-Ships.<\/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>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/smartportstransformation.com\/\" style=\"\" rel=\"noopener\">Smart Ports & 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>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.saudiairportexhibition.com\/\" style=\"\" rel=\"noopener\">Saudi Airport Exhibition<\/a><\/strong><strong> on Monday, 11 November and <\/strong><strong>Tuesday, 12 November<\/strong> in Riyadh. The two-day exhibition will bring together global industry leaders to discuss the latest technologies around the world in the aviation industry. It looks to encourage discussion between Saudi aviation leaders and the global supply chain industry.<\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><strong>The UAE will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.adipec.com\/maritime-logistics\/\" style=\"\" rel=\"noopener\">ADIPEC Maritime and Logistics Exhibition and Conference<\/a><\/strong><strong> on <\/strong><strong>Monday, 11 November and Thursday, 14 November<\/strong> in Abu Dhabi. The event looks to explore ways to reduce emissions through innovative solutions. It will bring together industry leaders, regulators and decision makers in the global maritime and logistics sector. <\/p>\n<p style=\"padding: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>Bahrain will host <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bahraininternationalairshow.com\/\" style=\"\" rel=\"noopener\">The Bahrain International Airshow<\/a><\/strong><strong> on Wednesday, 13 November and <\/strong><strong>Friday, 15 November<\/strong> near Awali. The three-day event is bringing together over 180 participating companies from over 59 represented nations globally.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/airbus\/\">Airbus<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/boeing\/\">Boeing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/17\/adnoc-increases-its-stake-in-fertiglobe-boosts-low-carbon-ammonia-growth\/\">\r\n                            Adnoc increases its stake in Fertiglobe, boosts low-carbon ammonia growth                        <\/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\/10\/17\/adnoc-increases-its-stake-in-fertiglobe-boosts-low-carbon-ammonia-growth\/\" target=\"_blank\">\n                    Open in new tab           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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/704.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81744\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/17\/adnoc-increases-its-stake-in-fertiglobe-boosts-low-carbon-ammonia-growth\/704-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/704.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"704.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/704.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/704.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81743\" class=\"content-area-description single-story post-81743 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-adnoc tag-fertiglobe tag-ma-watch tag-oci tag-trade tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.b4288c7e-a504-4561-aade-4c3ef7f66037.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Adnoc acquires majority stake in Fertiglobe:<\/strong> Abu Dhabi National Oil Company (Adnoc) has completed a USD 3.62 bn acquisition of OCI Global's 50% +1 stake in Fertiglobe, the Netherlands-based chemical producer, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/1242.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a> shared with EnterpriseAM UAE. The transaction increases Adnoc\u2019s stake in Fertiglobe to 86.2%, with the remaining 13.8% in free float on the ADX.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">It's an OCI + Adnoc break up:<\/strong><span style=\"background-color: transparent;\"> Fertiglobe is a JV between Adnoc and the Sawiris-owned OCI. Fertigloble\u2019s current management team will remain unchanged, including CEO Ahmed El-Hoshy, who stepped down from his role at OCI Global to continue his journey at Fertiglobe.<\/span><\/p>\n<p style=\"padding-top:12pt;margin:0;padding-left:0;padding-bottom:12pt;line-height:1.15;orphans:2;widows:2;text-align:left;padding-right:0\"><strong>Big boost for ammonia trade plans: <\/strong>Anticipated market advantages from rising demand for low-carbon ammonia are expected to lead to a demand increase surpassing supply growth by an estimated 11 million tons by 2032, according to the statement. Adnoc aims to cover <a target=\"_blank\" href=\"https:\/\/adnoc.ae\/en\/news-and-media\/press-releases\/2024\/fertiglobe-becomes-adnocs-platform-for-lowcarbon-ammonia-growth-globally\" style=\"\" rel=\"noopener\">5% of the global low-carbon hydrogen market by 2030<\/a> in line with UAE\u2019s National Hydrogen Strategy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shuffling assets: <\/strong>Adnoc will transfer its interests in current and future low-carbon ammonia projects to Fertiglobe at cost, once they are prepared for startup. These include two lower carbon ammonia projects in Abu Dhabi as well as other projects in its global portfolio. The two Abu Dhabi-based projects will add 2 mtpa \u2014 more than doubling Fertiglobe\u2019s current merchant ammonia capacity of 1.6 mtpa \u2014 and increase its total sellable capacity to 8.6 mtpa of net ammonia and urea combined, in addition to other announced global projects.<\/p>\n<p style=\"padding-top:12pt;margin:0;padding-left:0;padding-bottom:12pt;line-height:1.15;orphans:2;widows:2;text-align:left;padding-right:0\"><strong>It won\u2019t rest until it hits double-digits: <\/strong>Strong double-digit Internal Rate of Return (IRR) for all future growth projects will be the minimum target for the firm as it seeks value-accretive growth to capitalize on the projected global growth in low-carbon ammonia demand to 24 million tons by 2032. <\/p>\n<p style=\"padding-top:12pt;margin:0;padding-left:0;padding-bottom:12pt;line-height:1.15;orphans:2;widows:2;text-align:left;padding-right:0\"><strong>Adnoc is on an expansion mission: <\/strong>AW Shipping \u2014 a JV between <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/0da12ce4-e11f-424f-a6db-1ccbd95d92d6\/%253cmark%253eadnoc%253c%2Fmark%253e-l&amp;s-%2B-wanhua-jv-places-usd-250-mn-order-for-ammonia-carriers\" style=\"\" rel=\"noopener\">Adnoc L&amp;S<\/a> and Wanhua Chemical Group \u2014 will purchase USD 250 mn very large ammonia carriers from China\u2019s Jiangnan Shipyard. This is all part of an Adnoc L&amp;S <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/95b304d1-352b-4243-accf-ab4257d37956\/%253cmark%253eadnoc%253c%2Fmark%253e-to-float-15%2525-stake-in-logistics-subsidiary\" style=\"\" rel=\"noopener\">expansion plan<\/a> revealed ahead of the company\u2019s USD 769 mn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d8469523-508b-40a7-9993-5f8025fe5d0d\/%253cmark%253eadnoc-l&amp;s-%253c%2Fmark%253eshare-price-surged-as-much-as-58%2525-on-adx-debut\" style=\"\" rel=\"noopener\">IPO last year<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fertiglobe is also on a growth journey: <\/strong>The fertilizer firm will continue to expand its low-carbon fuels business following its success in securing a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/5f5a3ac4-6c79-44a6-86d7-85ec61580570\/%253cmark%253efertiglobe%253c%2Fmark%253e-secures-first-ever-green-ammonia-tender-to-supply-green-ammonia-to-europe\" style=\"\" rel=\"noopener\">EUR 397 mn offtake agreement H2Global program<\/a> to export 19.5k tons of green ammonia to Europe in 2027. Fertiglobe sent the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f5eb8599-ea93-4db9-b4fc-9dafd3da1ea4\/adnoc-gets-the-green-light-for-fertiglobe-acquisition\" style=\"\" rel=\"noopener\">world\u2019s first ISCC PLUS-certified<\/a> (International Sustainability and Carbon Certification) green ammonia shipment to India from its electrolyzer facility in Egypt\u2019s Suez Canal Economic Zone in December. Alongside Adnoc-ADQ JV Ta\u2019ziz, GS Energy, and Mitsui, the firm also signed a shareholder agreement to construct a facility to produce some 1 mn tons of low-carbon ammonia annually in the UAE. The company is currently studying another green hydrogen project in the UAE in collaboration with Masdar and Engie.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/adnoc\/\">Adnoc<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/fertiglobe\/\">Fertiglobe<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oci\/\">OCI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81745 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=\"81745\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/17\/81745\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81745\" class=\"content-area-description single-story post-81745 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81746\" 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=\"81746\">\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\">Debt Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/17\/al-seer-marine-secures-usd-80-mn-financing-from-chinas-bocom\/\">\r\n                            Al Seer Marine secures USD 80 mn financing from China\u2019s Bocom                        <\/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\/10\/17\/al-seer-marine-secures-usd-80-mn-financing-from-chinas-bocom\/\" 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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It\u2019s the first time Al Seer has lined up funding from outside the UAE. The two tankers are designed for alternative fuels, including liquefied natural gas, ammonia, and methanol. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">More about the tankers: <\/strong><span style=\"background-color: transparent;\">The two MR tankers have a capacity of 49.7 MT each, and are built to carry six fully segregated grades of cargo with a five-year period Transaction Certificate to Reliance International DMCC.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Part of an expansion plan:<\/strong> The company acquired the Betelgeuse and Bellatrix tankers in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/f49c3e96-5745-49c4-9f0d-281853d46f77\/updates-in-maritime-shipping,-digitalization,-equipment,-and-aviation-from-the-uae-and-morocco\" style=\"\" rel=\"noopener\">September<\/a>, the first two of six, from K Shipbuilding Korea.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cSecuring this financing from BOCOM Leasing is a key step in our strategy to diversify funding sources and strengthen our fleet with backing from both local and international financial institutions,\u201d CEO of Al Seer Marine Guy Neivens said in the statement.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/al-seer-marine\/\">Al Seer Marine<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span 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src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1442.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81750\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/17\/a-heap-of-updates-in-aviation-customs-shipping-and-freight-forwarding-from-the-uae-qatar-algeria-and-ksa\/1442-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1442.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1442.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1442.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1442.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81749\" class=\"content-area-description single-story post-81749 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-alergia tag-also-on-our-radar tag-aviation tag-dhl tag-fedex tag-kuwait tag-mawani tag-qatar tag-saudi-arabia tag-shipping-maritime tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.245bf062-d32d-4be0-b7d4-152f7d8e7a0f.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">CUSTOMS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abu Dhabi Customs + Fedex <\/strong><strong>partner to digitize operations<\/strong><strong>:<\/strong> The General Administration of Abu Dhabi Customs has inked a Service Level Agreement with freight forwarding firm FedEx on digital integration, according to a <a target=\"_blank\" href=\"https:\/\/www.adcustoms.gov.ae\/Media-Centre\/News\/Abu-Dhabi-Customs-and-FedEx-sign-service-agreement-to-cooperate-and-enhance-service-level-efficiency\" style=\"\" rel=\"noopener\">statement<\/a>. The agreement will result in a structured framework for digital integration in the areas of customs clearance to increase the volume of exports and imports through express shipping services<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">AVIATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar Airways Cargo + Qatar Post partner to boost postal activity<\/strong><strong>:<\/strong> Qatar Airways\u2019 cargo arm and Qatar Post have inked a strategic cooperation agreement to boost in postal services and mail transportation to and from Qatar, according to a <a target=\"_blank\" href=\"https:\/\/www.qrcargo.com\/s\/company\/press-releases\/a0zP1000004YQ7SIAW\/qatar-airways-cargo-and-qatar-post-sign-strategic-cooperation-agreement\" style=\"\" rel=\"noopener\">statement<\/a>. The pair will collaborate to streamline the transportation and delivery of postal shipments, and competitive rates will be on offer for postal shipments transported by Qatar Airways Cargo to Qatar Post, according to the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">SHIPPING + MARITIME- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Mawani signs tripartite <\/strong><strong>agreement: <\/strong>The Saudi Port Authority (Mawani), Singapore\u2019s Pacific International Lines (PIL), and the Saudi Transport and Logistics Services Ministry have inked an MoU to develop infrastructure for the transportation and logistics sector in Saudi Arabia, according to a <a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\/article?a=1100824\" style=\"\" rel=\"noopener\">statement<\/a>. The agreement aims to boost maritime transport and logistics services, including developing rail connectivity services and shipping lines as well as enhancing storage and distribution services. The partnership also seeks to develop feeder ship services in local and regional markets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mawani a<\/strong><strong>lso added a new shipping service \u2014 MER1 \u2014 in partnership with C star line and <\/strong><strong>UGL at Jeddah Islamic Port<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/x.com\/MawaniKSA\/status\/1846500483126431770\" style=\"\" rel=\"noopener\">statement<\/a>. The new service offers a capacity of 1.6k TEUs and will connect the Kingdom\u2019s ports with ports in the Middle East, the Red Sea, and the Horn of Africa. The MER1 is the 22nd service added by Mawani since the beginning of 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- The <\/strong><strong>UAE\u2019s DP World has received 47k TEUs of 20-foot branded containers<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/mediaoffice.ae\/ar\/news\/2024\/october\/16-10\/dp-world-acquires\" style=\"\" rel=\"noopener\">statement<\/a>. DP World will use its expanded container capacity to stay flexible in the face of rapid supply chain changes, increasing control over delivery schedules and reducing the risk of delays. The move also looks to modernize the firm's existing container fleet, reducing maintenance needs and running costs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Algeria Telecom<\/strong><strong> to modernize communications on Hyproc fleet: <\/strong>Sonatrach subsidiary Hyproc Maritime Transport Company for Hydrocarbons has signed a partnership agreement with the Algerian Telecommunications Space Corporation to provide satellite communication services aboard Hyproc ships using the very small aperture terminal (<a target=\"_blank\" href=\"https:\/\/www.ats.dz\/index-en.html\" style=\"\" rel=\"noopener\">VSAT<\/a>) technology, according to a <a target=\"_blank\" href=\"https:\/\/sonatrach.com\/wp-content\/uploads\/2024\/10\/HYPROC-Shipping-Company.pdf?fbclid=IwY2xjawF8VipleHRuA2FlbQIxMAABHSvOEm7VN-YUnR3cugWQ0kefNDdU-NB2IzDBKU7xWTAm6Dbfa46RDCYMAQ_aem_iOhrhCu2_CAH4Yh_qka5_A\" 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>What does this mean? <\/strong>The agreement will boost the connectivity needs of Hyproc while streamlining maritime operations. As part of this initiative, Hyproc will benefit from high-speed internet coverage and other satellite communication services.<\/p>\n<p class=\"tag-border-left\">FREIGHT FORWARDING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DHL Supply Chains expands to UAE:<\/strong> Freight forwarding giant DHL is launching DHL Supply Chain in the UAE through a strategic transfer of specific business operations from DHL Global Forwarding, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/10\/1368.pdf\" style=\"\" rel=\"noopener\">statement<\/a>. DHL will offer warehousing, fulfillment, and aftermarket services and is targeting industries including tech, automotive, aviation, energy, manufacturing and e-commerce. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE to integrate GIS tech in postage operations<\/strong><strong>:<\/strong> The UAE\u2019s 7X has inked an MoU with geo-intelligence firm Urbi to integrate the latter\u2019s geographic information system (GIS) technology in its operations, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b5p21aq-7x-urbi-sign-mou-enhance-logistics-operations\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Urbi will integrate its mapping and geospatial technologies into the operations of 7X\u2019s entities including EMX and Emirates Post as an initial step in a larger initiative. The pair will establish a comprehensive \u201cbase map\u201d that includes detailed information on residential and business listings, along with APIs for geocoding and reverse geocoding, which will allow for precise customer location identification for accurate deliveries.<\/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>Delta Airlines extends suspen<\/strong><strong>sion of flights between NYC and Israel:<\/strong> The US\u2019 Delta Airlines is extending its flight suspension from New York\u2019s JFK airport to Tel Aviv to 31 March 2025 due to safety concerns. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/delta-pause-flights-between-new-york-tel-aviv-through-march-2024-10-15\/\" style=\"\" rel=\"noopener\">Reuters<\/a>) <\/li>\n<li><strong>IATA updates its PCR manual for 2025: <\/strong>The International Air Transport Association (IATA) has updated its perishable cargo regulations (PCR) \u2014 effective 1 January 2025. The revision includes updates to existing chapters and new sections on booking, advance arrangements, shipment tracking, and quality and risk management. (<a target=\"_blank\" href=\"https:\/\/x.com\/IATA\/status\/1846416868824735777\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<li><strong>US extends <\/strong><strong>flight restrictions over Iraq:<\/strong> The US\u2019 Federal Aviation Administration has extended restrictions on commercial planes flying over Iraq till 2027, citing security risks. This applies to US commercial and foreign airlines operating as codeshare flights for US carriers. (<a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/business\/aviation\/us-extends-flight-restrictions-for-commercial-flights-over-iraq-until-2027-kcwy87r3\" style=\"\" rel=\"noopener\">Zawya<\/a>)<\/li>\n<li><strong>Jazeera updates <\/strong><strong>Kuwait-Larnaca route:<\/strong> The Kuwaiti Jazeera Airways has extended its Kuwait to Larnaca, Cyprus route to operate twice weekly till March 2025, then year-round when summer flight schedules start. (<a target=\"_blank\" href=\"https:\/\/in-cyprus.philenews.com\/insider\/jazeera-airways-launches-year-round-kuwait-larnaca-route\/\" style=\"\" rel=\"noopener\">In-Cyprus<\/a>)<\/li>\n<li><strong>Hithium and MANAT l<\/strong><strong>aunch new JV for BESS facility:<\/strong> China-based energy storage solutions provider Hithium Energy Storage Technology Co. (Hithium) and Saudi-based MANAT have formed a JV, Hithium MANAT, to establish a Battery Energy Storage System (BESS) manufacturing facility in Saudi Arabia, with an annual production target of 5 GWh. (<a target=\"_blank\" href=\"https:\/\/hithium.com\/en\/news\/hithium-plans-new-bess-production-facility-in-saudi-arabia-with-local-partner\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/alergia\/\">Alergia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/dhl\/\">DHL<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/fedex\/\">FedEx<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/mawani\/\">Mawani<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/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\/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=\"81751 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=\"81751\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/17\/81751\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81751\" class=\"content-area-description single-story post-81751 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:\/\/ak-ships.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2104.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"81752\" 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=\"81752\">\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\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/17\/maersk-is-reportedly-lining-up-landmark-lng-vessel-orders-in-china\/\">\r\n                            Maersk is reportedly lining up landmark LNG vessel orders in China                        <\/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\" 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<\/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\/10\/17\/maersk-is-reportedly-lining-up-landmark-lng-vessel-orders-in-china\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/868.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"81753\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2024\/10\/17\/maersk-is-reportedly-lining-up-landmark-lng-vessel-orders-in-china\/868-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/868.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"868.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/868.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/868.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81752\" class=\"content-area-description single-story post-81752 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-maersk 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\/10\/.dc749c76-b5ce-4e74-8a0e-3c29533f236b.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Maersk is reportedly lining up orders for new LNG dual-fuel vessels<\/strong><strong> from <\/strong><strong>Chinese <\/strong><strong>shipyards<\/strong><strong> including <\/strong><strong>Jiangsu-based New Times Shipbuilding<\/strong>, <a target=\"_blank\" href=\"https:\/\/splash247.com\/maersk-heads-to-china-for-up-to-twelve-16000-teu-ships\/\" style=\"\" rel=\"noopener\">Splash<\/a> reports, citing info from brokers. The contract is for six firm 16k TEU vessels valued at USD 200 mn per unit, slated for delivery in 2028. The contract also includes the option for six more vessels. Maersk officials have not confirmed the orders.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Background:<\/strong><span style=\"background-color: transparent;\"> Maersk announced back in August that it would not be increasing its fleet size beyond its current 4.3 mn TEUS through to the end of the decade as part of <\/span><a target=\"_blank\" href=\"https:\/\/www.maersk.com\/news\/articles\/2024\/08\/07\/maersk-continues-with-fleet-renewal-plan\" rel=\"noopener\">its revamped newbuild policy<\/a><span style=\"background-color: transparent;\">. Under the policy, the firm is looking to proceed with orders of dual fuel ships that can use bio-LNG.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/maersk\/\">Maersk<\/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=\"81754\" 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\/10\/17\/81754\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-81754\" class=\"content-area-description single-story post-81754 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\">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>16-17 October (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gaaf2024.com\/\" style=\"\">Global Airport & Aviation Forum<\/a><\/span><span style=\"font-weight:400;\">, Jeddah, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>21-22 October (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/smartportstransformation.com\/\" style=\"\">Smart Ports & Logistics Transformation Summit<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>22-24 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/ForthcomingEventsdetails.aspx?EventID=EVE201\" style=\"\">Asean Ports and Logistics<\/a><\/span><span style=\"font-weight:400;\">, Johor, Malaysia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>22-24 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/globalportsforum.com\/singapore-to-host-gpf\/\" style=\"\">Global Ports Forum<\/a><\/span><span style=\"font-weight:400;\">, Singapore.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26-27 October (Saturday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/theires.org\/Conference\/18859\/ICTTL\/\" style=\"\">International Conference on Tourism, Transport, and Logistics<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>11-12 November (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wamsaudi.com\/\" style=\"\">World Advanced Manufacturing Logistics Summit & Expo<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>11-12 November (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudiairportexhibition.com\/\" style=\"\">Saudi Airport Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>11-14 November (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/maritime-logistics\/\" style=\"\">ADIPEC Maritime and Logistics Exhibition and Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>13-15 November (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bahraininternationalairshow.com\/\" style=\"\">The Bahrain International Airshow<\/a><\/span><span style=\"font-weight:400;\">, Sakhir Airbase, Bahrain.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Adnoc increases its stake in Fertiglobe | Al Seer Marine secures financing from China\u2019s Bocom | Emirates taps Airbus and Boeing for new freighter order<\/p>\n","protected":false},"featured_media":81739,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-81738","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"1c950e52-5777-4297-a233-b39868fbec4d","teaser":"Adnoc increases its stake in Fertiglobe | Al Seer Marine secures financing from China\u2019s Bocom | Emirates taps Airbus and Boeing for new freighter order","photo_url":"https:\/\/ent.news\/2024\/4\/458.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>Adnoc increases its stake in Fertiglobe - Logistics<\/title>\n<meta name=\"robots\" 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