{"id":85039,"date":"2025-03-11T00:00:00","date_gmt":"2025-03-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=85039"},"modified":"2025-12-15T16:22:22","modified_gmt":"2025-12-15T16:22:22","slug":"adnoc-eyes-ipo-debut-for-xrg","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/adnoc-eyes-ipo-debut-for-xrg\/","title":{"rendered":"Adnoc eyes IPO debut for XRG"},"content":{"rendered":"<section id=\"85041\" 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=\"85041\">\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\/2025\/03\/11\/today-adnocs-ipo-plans-for-xrg-kezads-new-metal-storage-hub\/\">\r\n                            TODAY: Adnoc\u2019s IPO plans for XRG + Kezad\u2019s new metal storage hub                        <\/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\/2025\/03\/11\/today-adnocs-ipo-plans-for-xrg-kezads-new-metal-storage-hub\/\" 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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We also have the latest analysis on how Trump tariffs could impact aircraft producers. But first, an update on German airports' recent strike action\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG LOGISTICS STORY- Strike<\/strong><strong> cripples<\/strong><strong> 13 German airports:<\/strong> A one-day warning labor strike across 13 German airports caused a mass cancellation of most flights scheduled on Monday in the airports. Public sector employees \u2014 as well as ground and security workers \u2014 staged a walkout that began in Hamburg on Sunday before spreading to hubs including Frankfurt, Berlin, and D\u00fcsseldorf. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Halted operations: <\/strong>Airports in Munich, Stuttgart, Bremen, Hannover, Dortmund, Cologne\/Bonn, and Leipzig-Halle were affected. Hamburg\u2019s strike alone canceled around 300 flights, Frankfurt\u2019s walkout canceled over 1k of its 1.1k scheduled flights, and all of the flights out of Berlin were reportedly canceled as well. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The call to action: <\/strong>The warning strikes \u2014 announced on Friday \u2014 are part of an effort by the German trade union Verdi to push for an 8% wage hike \u2014 or at minimum a EUR 350 raise \u2014 as well as higher bonuses and three additional days off. Verdi is negotiating the pay bump on behalf of 2.5 mn workers, with airport operators rejecting the demands as financially unfeasible. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Pay negotiations between the union and the federal and local governments are due on 26 March.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A turbulent year for German airports? <\/strong>Last month\u2019s strikes at <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/49076f71-fe20-4db1-adc4-10cc0af8be66\/strikes-called-at-several-germany-airports\" style=\"\" rel=\"noopener\">Cologne-Bonn Airport and<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/49076f71-fe20-4db1-adc4-10cc0af8be66\/strikes-called-at-several-germany-airports\" style=\"\" rel=\"noopener\">D\u00fcsseldorf<\/a>, also part of Verdi\u2019s push to improve worker compensation, saw hundreds of scheduled flights canceled over 24 hours. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story grabbed lots of ink in int\u2019l press: <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/airport-operator-says-no-passenger-flights-depart-frankfurt-monday-2025-03-10\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/germany-airports-strike-frankfurt-munich-berlin-7b78de205ec7762f0c73536355b87fb7\" style=\"\" rel=\"noopener\">Associated Press<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2025\/03\/10\/business\/germany-airport-strike-flights-canceled-intl-hnk\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.dw.com\/en\/germany-flights-canceled-as-workers-strike-at-13-airports\/a-71872529\" style=\"\" rel=\"noopener\">Deutsche Welle<\/a> | <a target=\"_blank\" href=\"https:\/\/nypost.com\/2025\/03\/10\/world-news\/hundreds-of-flights-canceled-as-strikes-hit-german-airports\/\" style=\"\" rel=\"noopener\">New York Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.euronews.com\/travel\/2025\/03\/10\/most-flights-cancelled-across-germany-as-major-strike-action-begins-at-13-airports\" style=\"\" rel=\"noopener\">Euro News<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/ce8v6len093o\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.npr.org\/2025\/03\/10\/nx-s1-5322969\/germany-hamburg-airport-strike\" style=\"\" rel=\"noopener\">NPR<\/a> <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>#1- Gulfnav is still mulling the Brooge acquisition: <\/strong>DFM-listed maritime player GulfNav will review two separate valuation reports for its acquisition of Brooge Energy\u2019s companies and assets during an <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/87c64acd-c103-4a7b-af40-8589e7d0b691\/today:-adnoc-wraps-sale-of-4%2525-stake-of-adnoc-gas-%2B-qatar-gets-new-oil-and-gas-logistics-hub\" style=\"\" rel=\"noopener\">upcoming general assembly meeting<\/a> on Thursday as it mulls whether or not to proceed with the acquisition, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/778.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a> to the DFM. One of the valuation reports was prepared by an independent advisor appointed by the Securities and Commodities Authority, and values the company at a higher share price than the other report, which was prepared by GulfNav\u2019s advisor. The board recommends the approval of the latter valuation, and said the \u201coutcome of the votes on these two valuations will be critical in deciding whether the acquisition moves forward.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>GulfNav\u2019s board greenlit the possible acquisition of Brooge Petroleum and Gas Investment Company from Brooge Energy <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/0d34e1c5-1f18-414a-920f-d6a25ee240d1\/%253cmark%253egulfnav%253c%2Fmark%253e%25e2%2580%2599s-board-greenlights-brooge-takeover\" style=\"\" rel=\"noopener\">last September<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The structure: <\/strong>The acquisition \u2014 which was initially expected to close in 4Q 2023 \u2014 will be executed through a share swap agreement: Gulfnav plans to issue 358.8 mn new shares to Brooge Energy with a one-year lock-up period, alongside AED 2.3 bn in mandatory convertible bonds set to be converted into shares. Additionally, a separate AED 500 mn convertible bond issuance will be allocated to existing shareholders with the rump offering, if any, set to be limited to major shareholders. The company will also pay AED 460 mn in cash to settle the transaction.<\/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- KSA is set to become MENA\u2019s data center powerhouse:<\/strong> Saudi Arabia is expected to spearhead MENA\u2019s data center growth over the next three years, with a compound annual growth rate of 37% through 2027, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-10\/riyadh-s-ai-push-to-lead-mideast-data-center-growth-jll-says\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing analysis from real estate services firm Jones Lang LaSalle (JLL). This rate is almost twice that of Dubai and Abu Dhabi, and well above the global average of 15%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fueling the expansion: <\/strong>The Kingdom\u2019s drive to become an AI hub is fueled by government policies, tax incentives, and economic free zones. The push has attracted major firms like Microsoft, Amazon Web Services, and Equinix to invest in data center capacity, alongside a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/3243ca23-ac50-48af-b853-8f35f345cd56\/\" style=\"\" rel=\"noopener\">USD 1.5 bn Groq-Aramco partnership<\/a> for the world\u2019s largest AI inference node. Saudi Arabia is also planning a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/83c3ba99-8359-4914-a4e5-e68a74d558d5\/no-liv-pga-merger-just-yet\" style=\"\" rel=\"noopener\">USD 100 bn AI project<\/a> to turn the Kingdom into a technological hub to rival the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Pushing forward despite global hurdles: <\/strong>Saudi has \u201cthe ambition and the capital\u201d necessary to become the region\u2019s data center leader, despite challenges including US restrictions on advanced AI chip exports present challenges, rising energy costs and lengthy construction timelines, Stephen Macdonald, managing partner at Proptech, told Bloomberg.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Egyptian furniture manufacturer Mobica and an unnamed British partner plan to invest <\/strong><strong>EGP 1 bn in an export-bound healthy food factory<\/strong>, CEO Mohamed Farouk told <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2025\/03\/10\/%D8%AA%D8%AD%D8%A7%D9%84%D9%81-%D9%85%D8%B5%D8%B1%D9%8A-%D8%A7%D9%86%D8%AC%D9%84%D9%8A%D8%B2%D9%8A-%D9%8A%D8%B9%D8%AA%D8%B2%D9%85-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AC%D9%86%D9%8A%D9%87-%D9%81%D9%8A-%D9%85%D8%B5%D9%86%D8%B9-%D8%A3%D8%BA%D8%B0%D9%8A%D8%A9-%D8%B5%D8%AD%D9%8A%D8%A9\" style=\"\" rel=\"noopener\">Al Arabiya<\/a>. The alliance \u2014 which intends to set up a joint-stock company with USD 20 mn in capital \u2014 will earmark all production for exports to the UK and France. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The project \u2014 set to begin once the partnership agreement is signed \u2014 will be developed on a 28k sqm plot in the Sixth of October Industrial Zone and is expected to be completed within a year. The investors are in talks with local and international banks to secure EGP 500 mn in financing, with the remaining funds set to be self-financed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO FROM EGYPT- Updates on Tahya Misr 1 container terminal in Damietta:<\/strong> Egypt\u2019s Damietta Alliance \u2014 a JV between Hapag Lloyd, Eurogate and Contship Italia \u2014 has begun additional superstructure work at the Tahya Misr 1 container terminal in Damietta, according to a <a target=\"_blank\" href=\"https:\/\/www.google.com\/url?q=https:\/\/www.facebook.com\/MinistryTransportation\/posts\/pfbid07hz7wQBsrYxrBYMUZZbNsPKah6PGsK2xPB4WTXWkpHewf13oCnT2EKQva3PQCaLEl&amp;sa=D&amp;source=docs&amp;ust=1741604523102126&amp;usg=AOvVaw3tEn_4iLx7THstU5RZUYbK\" style=\"\" rel=\"noopener\">statement<\/a>. 20 rubber-tyred gantry cranes \u2014 part of a 40-crane order \u2014 have also arrived in the country and are set to be installed in the cargo handling yards<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>Tahya Misr 1 \u2014 one of three terminals planned in the Damietta port development project \u2014 received its first five quay cranes designed to handle mega-container ships <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/1af445c1-3215-4907-885e-b8d144d81ffa\/updates-in-equipment,-storage-and-rail-from-the-uae-and-saudi-arabia\" style=\"\" rel=\"noopener\">back in December 2024<\/a> as part of a 12-crane order from China\u2019s Qingdao Haixi Heavy-duty Machinery Co. The terminal will have handling capacity of 3.5 mn TEUs annually and is planned to kick off operations in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b2273daa-92f4-4b2b-a958-0a02b7d8d528\/today:-morocco%25e2%2580%2599s-royal-air-maroc-launches-tender-to-expand-fleet\" style=\"\" rel=\"noopener\">April 2025<\/a>. The remaining two container terminals are slated for completion by 2027.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>Iraq <\/strong><strong>pivots to Gulf gas:<\/strong> The Iraqi government is ramping up efforts to finish a gas pipeline project connected to Basra to move Gulf natural gas, the Iraq-based <a target=\"_blank\" href=\"https:\/\/shafaq.com\/en\/Economy\/Iraq-accelerates-Gulf-gas-imports-as-US-ends-Iran-energy-waivers\" style=\"\" rel=\"noopener\">Shafaq News<\/a> reports. The country is already 30 days into the pipeline project and predicts the pipeline could be operational within 120 days, Parliament's Oil and Gas Committee spokesperson Ali Shadad told Shafaq News. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s in the cards? <\/strong>The government is in the process of securing a floating platform that will be connected to the pipeline, which would transport 200 mn cubic ft per day to the platform for processing to power several energy plants, Iraq\u2019s Oil Minister Hayan Abdul Ghani told <a target=\"_blank\" href=\"https:\/\/ina.iq\/eng\/38643-oil-ministry-floating-platform-gas-pipeline-project-to-be-completed-in-120-days.html\" style=\"\" rel=\"noopener\">INA<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iranian gas is a non-starter, <\/strong><strong>says US<\/strong><strong>:<\/strong> Iraq is opting for other sources of energy in light of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b8398abc-0b64-4e2f-9af3-c01ebf7a6223\/today:-egypt%25e2%2580%2599s-export-bound-subsea-cable-factory-%2B-dekheila-port%25e2%2580%2599s-new-petrochemicals-facility\" style=\"\" rel=\"noopener\">US<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b8398abc-0b64-4e2f-9af3-c01ebf7a6223\/today:-egypt%25e2%2580%2599s-export-bound-subsea-cable-factory-%2B-dekheila-port%25e2%2580%2599s-new-petrochemicals-facility\" style=\"\" rel=\"noopener\">abrogating a waiver<\/a> that allowed the country to import Iranian electricity yesterday. The move aimed to crack down on the Islamic Republic\u2019s revenues, its alleged nuclear weapons program, and support of US-designated terrorist groups.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#5- <\/strong><strong>Houthis <\/strong><strong>naval attacks could resume tomorrow: <\/strong>Yemen\u2019s Houthis are threatening to resume naval attacks in the Red Sea if Israel does not lift the blockade preventing food, electricity, and medicine from entering Gaza, <a target=\"_blank\" href=\"https:\/\/www.aljazeera.com\/news\/2025\/3\/8\/yemens-houthis-threaten-israel-over-gaza-aid-blockade\" style=\"\" rel=\"noopener\">Al Jazeera<\/a> reported on Saturday. The four-day warning \u2014 issued on Saturday \u2014 expires tomorrow, 12 March. Since the start of Israel\u2019s latest war on Gaza, the Houthis have launched over 100 attacks on shipping vessels in the Red Sea and the Gulf of Aden. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>Yemen\u2019s Houthis have vowed to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/7d20cb34-5935-490d-ad46-f4ac75af75fd\/today:-uae%25e2%2580%2599s-nas-makes-a-move-on-fertilizers-trader-egyfert\" style=\"\" rel=\"noopener\">target only Israeli-linked commercial vessels<\/a>, and have pledged to cease attacks entirely once the terms of the Gaza ceasefire are fulfilled to their final phase. Maritime security firms raised the risk level for ships calling at Israeli ports <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3da239e9-fefa-498d-92bf-843c1da31288\/today:-bids-are-reportedly-in-for-egypt-railway-project-%2B-there%25e2%2580%2599s-a-new-digital-energy-jv-in-town\" style=\"\" rel=\"noopener\">in September<\/a>, as terminals face the possibility of missile attacks from Lebanon\u2019s Hezbollah and Yemen\u2019s Houthis.<\/p>\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding: 0px; margin-right: 0px; margin-left: 0px; line-height: 1.15;\"><b>#1- Oil prices went up this morning despite continued uncertainty on the outlook of global growth and rising production from Opec+,&nbsp;<\/b><a href=\"https:\/\/www.reuters.com\/business\/energy\/oil-prices-edge-lower-concerns-over-tariff-impact-grow-2025-03-11\/\" target=\"_blank\" rel=\"noopener\">Reuters&nbsp;<\/a>reports. Brent crude futures <font face=\"Arial\">increased&nbsp;<\/font>by USD 0.18 to USD 69.46 a barrel, while the US West Texas Intermediate (WTI) inched up by USD 0.09 to USD 66.12 a barrel by 06.40 GMT.&nbsp;<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Baltic <\/strong><strong>index <\/strong><strong>on a rising trend:<\/strong> The Baltic Exchange\u2019s dry bulk sea freight index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\" rel=\"noopener\">gained 24 points<\/a> to 1,424 on Monday. The capesize jumped 56 points to 2,478, while the panamax index was up 19 points to 1,014. The smaller supramax index was flat at 864 points.<\/p>\n<p class=\"tag-border-left\">DATA <strong>POINTS<\/strong>- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Cargo handling volumes at Saudi ports fell 3.66% y-o-y in February to 22.5 mn ton<\/strong><strong>s<\/strong>, according to the <a target=\"_blank\" href=\"https:\/\/mawani.gov.sa\/article?news=90325&amp;language=ar\" style=\"\" rel=\"noopener\">Saudi Port Authority (Mawani)<\/a>. The ports handled 983k of general cargo, 4 mn tons of solid bulk cargo, and 11.6 mn tons of liquid bulk cargo. The number of exported containers increased 18.25% y-o-y to 215.4k, while the number of imported containers fell 4.95% y-o-y to 215.7k. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Oman\u2019s <\/strong><strong>t<\/strong><strong>ransport and logistics sector is expected to contribute OMR 14 bn to the nation\u2019s GDP by 2040<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.muscatdaily.com\/2025\/03\/10\/logistics-sector-expected-to-contribute-ro14bn-to-omans-gdp-by-2040\/\" style=\"\" rel=\"noopener\">Muscat Daily<\/a> reports, citing Oxford Business Group data. The country\u2019s logistics sector contributed 6.1%, valued at OMR 1.7 bn, to the national GDP during 9M 2024. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- LNG carriers have reduced their speed by 2% in 1Q 2025 to move at 14.6 knots <\/strong><strong>compared to the averaged speed in 2024<\/strong>, <a target=\"_blank\" href=\"https:\/\/splash247.com\/deep-sea-cargo-fleet-moving-at-record-low-speeds\/\" style=\"\" rel=\"noopener\">Splash<\/a> reports, citing Clarksons Research data. The decline comes on the back of efforts to cut costs by reducing fuel consumption, as well as reduce climate impact and comply with the International Maritime Organization\u2019s (IMO) certification requirement set via <a target=\"_blank\" href=\"https:\/\/www.imo.org\/en\/MediaCentre\/HotTopics\/Pages\/EEXI-CII-FAQ.aspx\" style=\"\" rel=\"noopener\">Carbon Intensity Indicator<\/a> \u2014 a rating system for ships by the IMO to determine whether a ship\u2019s operational carbon intensity is within acceptable range. Bulk carriers\u2019 speed has also decreased by 1.7% y-o-y at 10.7 knots, while product tankers have slowed 1.7% y-o-y at 11.2 knots during the same time period. <\/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;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.marinemoney.com\/events-2-0-2\/2025-gulf-ship-finance-forum\" style=\"\" rel=\"noopener\">Gulf Ship Finance Forum<\/a><\/strong><strong> on Thursday, 10 April<\/strong> in Dubai. The forum will host shipping and finance executives from around the region and the world to host presentations, interviews and panel discussions on ownership, management, chartering, legal and trading in shipping. <\/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.iata.org\/en\/events\/all\/cargois-forum\/\" style=\"\" rel=\"noopener\">CargoIS Forum<\/a><\/strong><strong> on Monday, 14 April<\/strong> in Dubai. The event will discuss industry insights and strategies from leading logistics players, including Emirates SkyCargo and Lufthansa Cargo. <\/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.iata.org\/en\/events\/all\/world-cargo-symposium\/\" style=\"\" rel=\"noopener\">IATA World Cargo Symposium<\/a><\/strong><strong> from Tuesday, 15 April to Thursday, 17 April <\/strong>in Dubai. The event will host sessions, specialized streams, workshops and summits related to technology, security, customs, cargo operations and sustainability for over 1.4k industry leaders. <\/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\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                           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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=\"85044\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">IPO Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/adnoc-eyes-ipo-debut-for-xrg\/\">\r\n                            Adnoc eyes IPO debut for XRG                        <\/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 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src=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1515.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85045\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/adnoc-eyes-ipo-debut-for-xrg\/1515-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1515.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1515.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1515.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1515.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85044\" class=\"content-area-description single-story post-85044 post type-post status-publish format-standard has-post-thumbnail hentry category-ipo-watch tag-adnoc tag-ipo-watch 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\/2025\/3\/.2d145d6f-9b41-49c2-819b-fcd647ee94af.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc is reportedly <\/strong><strong>weighing <\/strong><strong>an IPO for its recently set up USD 80 bn renewables and <\/strong><strong>chemicals arm XRG on an international exchange<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/adnoc-eyes-international-listing-xrg-sources-say-2025-03-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports citing people it says have knowledge of the matter. The minority stake sale is expected to materialize in about five years in a move that could make XRG one of largest publicly traded energy firms in the world, the people said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc has been churning out IPOs for its subsidiaries since late 2017, starting with its <\/strong><strong>fuel retail arm\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.meed.com\/adnoc-raises-851m-from-ipo-of-retail-arm\/\" style=\"\" rel=\"noopener\">USD 851 mn<\/a><\/strong><strong> ADX debut. <\/strong>Since 2021, it has taken <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/details\/1395302974136\" style=\"\" rel=\"noopener\">Adnoc Drilling<\/a>, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/hszrde3t-adnoc-and-ocis-fertiglobe-completes-landmark-ipo\" style=\"\" rel=\"noopener\">Fertiglobe<\/a>, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/hszrgntq-adnoc-gas-lists-adx-abu-dhabi%E2%80%99s-largest-ever\" style=\"\" rel=\"noopener\">Adnoc Gas<\/a>, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/hszrh7xl-adnoc-completes-historic-ipo-adnoc-ls-adx\" style=\"\" rel=\"noopener\">Adnoc Logistics & Services<\/a> and <a target=\"_blank\" href=\"https:\/\/www.borealisgroup.com\/news\/borouge-successfully-lists-on-adx-in-abu-dhabis-largest-ever-ipo\" style=\"\" rel=\"noopener\">Borouge<\/a> to the ADX, in some of the country\u2019s largest IPOs. Combined, these transactions drummed up more capital than Saudi Aramco\u2019s record-breaking Tadawul IPO in 2019, excluding the USD 12 bn it raised in a follow-on offering last year, according to Reuters calculations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc founded XRG in November 2024 with the aim of investing in lower-carbon energy <\/strong><strong>and chemicals<\/strong> as part of a broader plan to diversify the company\u2019s portfolio and reduce its reliance on oil revenue. The energy giant is prepping XRG to become one of the world\u2019s top five chemical producers and capture 70% of global demand by 2050. Its portfolio already includes <a target=\"_blank\" rel=\"noopener\">a<\/a><a target=\"_blank\" rel=\"noopener\">majority<\/a><a target=\"_blank\" rel=\"noopener\">stake<\/a> in Germany\u2019s Covestro and Borouge International. <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a1c8975b-586f-4ed3-9aa6-6db9e32ea010\/adnoc%25e2%2580%2599s%253cmark%253e-xrg%253c%2Fmark%253e-gets-a-new-board\" style=\"\" rel=\"noopener\">XRG\u2019s<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/a1c8975b-586f-4ed3-9aa6-6db9e32ea010\/adnoc%25e2%2580%2599s%253cmark%253e-xrg%253c%2Fmark%253e-gets-a-new-board\" style=\"\" rel=\"noopener\">board<\/a> includes former BP chief Bernard Looney, Blackstone President and COO Jon Gray, and Egyptian bn\u2019aire Nassef Sawiris. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Floated listing venues:<\/strong> The London Stock Exchange (LSE), on which stocks of major oil and gas players like Shell and BP are currently trading, is a strong contender for XRG\u2019s potential IPO, one person told Reuters. However, the LSE has seen investors pull funds recently, which could be a drawback. Meanwhile, a listing on the New York Stock Exchange (NYSE) could fetch a higher valuation for XRG, making it a more attractive financial option. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But first\u2026 restructuring:<\/strong> Adnoc has yet to name a CEO and complete the transfer of assets to XRG before pursuing a public debut, the people said. The company, which was set up <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/caab9352-d19d-4c4a-a14e-3cd5837a1d25\/adnoc-launches%253cmark%253e-xrg%253c%2Fmark%253e-to-invest-in-low-carbon-energy-and-chemicals\" style=\"\" rel=\"noopener\">late last year<\/a>, is due to become operational this quarter with plans to double its USD 80 bn asset value over the next decade. Just last week, Adnoc announced <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/eff352d5-e2bb-4fd0-a455-eebe4ea26f4e\/adnoc,-omv-agree-terms-of-petrochemicals-units-merger\" style=\"\" rel=\"noopener\">plans<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/eff352d5-e2bb-4fd0-a455-eebe4ea26f4e\/adnoc,-omv-agree-terms-of-petrochemicals-units-merger\" style=\"\" rel=\"noopener\">to transfer<\/a> its stake in Borouge International \u2014 a newly-merged polyolefins giant \u2014 to XRG, cementing its role as a primary vehicle for the state-run energy firm\u2019s international expansion into the chemicals industry. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>Bank of America is said to be advising on XRG\u2019s strategy. <\/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\/ipo-watch\/\">IPO WATCH<\/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=\"85046 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=\"85046\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/85046\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85046\" class=\"content-area-description single-story post-85046 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=\"85047\" 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=\"85047\">\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\">STORAGE + WAREHOUSES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/metal-park-launches-first-phase-of-aed-110-mn-storage-hub-in-kezad\/\">\r\n                            Metal Park launches first phase of AED 110 mn storage hub in Kezad                        <\/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\/2025\/03\/11\/metal-park-launches-first-phase-of-aed-110-mn-storage-hub-in-kezad\/\" 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\/2025\/03\/11\/metal-park-launches-first-phase-of-aed-110-mn-storage-hub-in-kezad\/')\">\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\/2025\/03\/11\/metal-park-launches-first-phase-of-aed-110-mn-storage-hub-in-kezad\/\">\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=Metal Park launches first phase of AED 110 mn storage hub in Kezad&url=https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/metal-park-launches-first-phase-of-aed-110-mn-storage-hub-in-kezad\/\">\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\/2025\/03\/11\/metal-park-launches-first-phase-of-aed-110-mn-storage-hub-in-kezad\/&title=Metal Park launches first phase of AED 110 mn storage hub in Kezad\">\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=Metal+Park+launches+first+phase+of+AED+110+mn+storage+hub+in+Kezad+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F03%2F11%2Fmetal-park-launches-first-phase-of-aed-110-mn-storage-hub-in-kezad%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\/2025\/03\/11\/metal-park-launches-first-phase-of-aed-110-mn-storage-hub-in-kezad\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/838.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85048\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/metal-park-launches-first-phase-of-aed-110-mn-storage-hub-in-kezad\/838-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/838.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"838.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/838.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/838.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85047\" class=\"content-area-description single-story post-85047 post type-post status-publish format-standard has-post-thumbnail hentry category-storage-warehouses tag-kezad tag-storage-warehouses tag-uae 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\/2025\/3\/.04f874d0-a551-4700-9798-a4478329241e.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong><font face=\"Arial\">UAE's<\/font>&nbsp;Metal Park launched the first phase of its new AED 110 mn storage <\/strong><strong>facility in Khalifa Economic Zones Abu Dhabi (Kezad)<\/strong>, according to statements <a target=\"_blank\" href=\"https:\/\/www.kezadgroup.com\/en\/news-and-media\/2025\/03\/10\/metal-park-launches-storage-hub-in-kezad\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/metalpark.net\/blog\/293\" style=\"\" rel=\"noopener\">here<\/a>. The project \u2014 dubbed as the \u201cworld\u2019s first pay-as-you-go\u201d storage center for metals \u2014 is slated to be completed in three phases. Once fully operational, the facility will have a total storage capacity of 350k mt, as well as a 54k cmb shelved storage space specifically for metals. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More details: <\/strong>The first phase \u2014 spanning 93k sqm \u2013 features 26 overhead cranes with a 40 mt carrying capacity, 55 loading truck bays, and automated guided vehicles with a carrying capacity of 48k mt per day. The hub will include vertical storage, three weighbridges, and truck loading bays with integrated cantilever systems. The facility also has direct access to Khalifa Port through a modular road, Etihad rail\u2019s network, and highways linking Abu Dhabi to the rest of the country.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>Kezad\u2019s whole owner AD Ports Group inked an agreement with Metal Park to establish the hub back <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2022\/02\/28\/ad-ports-group-signs-agreement-to-establish-450000-sqm-metal-park-in-kizad\" style=\"\" rel=\"noopener\">in 2022<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The latest from Kezad\u2019s storage projects: <\/strong>The zone saw the launch of an AED 90 mn multi-purpose chemicals facility by the UAE-based AquaChemie <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/94e42ed6-7a71-4657-b086-80cbe0e021db\/uae%25e2%2580%2599s-aquachemie-debuts-aed-90-mn-multi-purpose-chemicals-facility-in%253cmark%253e-kezad%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">last month<\/a>, featuring 7.2 metric tons of storage capacity and four liquid storage tanks. Last year, the UAE-based pharma distribution company Pharmatrade also inaugurated its Abu Dhabi Logistics Center in Kezad <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/02fe5514-d5f4-4d4e-9ff7-b84cba977f14\/pharmatrade-inaugurates%253cmark%253e-kezad%253c%2Fmark%253e-logistics-center-for-storage-and-distribution\" style=\"\" rel=\"noopener\">last year<\/a> to boost the storage and distribution of its products. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>UAE <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/739b2e84-34dc-4aee-85aa-d3c66d65b513\/uae-warehouse-rents-forecasted-to-rise-up-to-10%2525-in-2025\" style=\"\" rel=\"noopener\">warehouse rents<\/a> are projected to rise between 5% to 10% in 2025 as demand outpaces added capacity. However, Kezad is set to add about 250k sqm of warehouses by the end of the year, contributing to a predicted easing in rent hikes. <\/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\/kezad\/\">KEZAD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/storage-warehouses\/\">STORAGE + WAREHOUSES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/zones\/\">ZONES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85049 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=\"85049\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/85049\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85049\" class=\"content-area-description single-story post-85049 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/transmar.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85050\" 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=\"85050\">\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\">Supply Chains<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/adnoc-partners-with-its-jv-aiq-to-deploy-ai-across-its-operations\/\">\r\n                            Adnoc partners with its JV AIQ to deploy AI across its operations                        <\/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\/2025\/03\/11\/adnoc-partners-with-its-jv-aiq-to-deploy-ai-across-its-operations\/\" 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 three-year partnership will see AIQ deploy its AI solution <a target=\"_blank\" href=\"https:\/\/aiqintelligence.ae\/energyai\" style=\"\" rel=\"noopener\">EnergyAI<\/a> across Adnoc\u2019s upstream operations, covering tasks like seismic analysis, geological modeling and real-time process monitoring. The move aims to expedite business processes, increase efficiency, and reduce emissions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>ADX-listed data analytics firm <a target=\"_blank\" href=\"https:\/\/www.presight.ai\/\" style=\"\" rel=\"noopener\">Presight AI<\/a> acquired a 51% stake in AIQ <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/9b2de8cb-b4dd-460e-9d54-3fd1576c047b\/presight-completes-acquisition-of-aiq-for-usd-350-mn\" style=\"\" rel=\"noopener\">last year<\/a>, in a transaction that valued AIQ \u2014 originally an Adnoc-G42 JV \u2014 at USD 1.4 bn. ENERGYai is an autonomous AI solution \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/2debdb88-42ac-4772-b4f9-913f39d0db15\/adnoc-pledges-aed-200-bn-in-renewables-investments,-launches-energy-industry%25e2%2580%2599s-first-autonomous-ai-agent-at-adipec\" style=\"\" rel=\"noopener\">created in 2024<\/a> by Adnoc, G42, Microsoft, and AIQ \u2014 that aims at speeding up seismic surveys from months to days and increasing the accuracy of production forecasts by up to 90%.<\/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\/supply-chains\/\">supply chains<\/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=\"85052\" 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=\"85052\">\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\/2025\/03\/11\/cargo-maritime-and-startup-watch-updates-from-qatar-and-ksa\/\">\r\n                            Cargo, maritime, and startup watch updates from Qatar and KSA                        <\/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\/2025\/03\/11\/cargo-maritime-and-startup-watch-updates-from-qatar-and-ksa\/\" 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\/2025\/03\/11\/cargo-maritime-and-startup-watch-updates-from-qatar-and-ksa\/')\">\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\/2025\/03\/11\/cargo-maritime-and-startup-watch-updates-from-qatar-and-ksa\/\">\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=Cargo, maritime, and startup watch updates from Qatar and KSA&url=https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/cargo-maritime-and-startup-watch-updates-from-qatar-and-ksa\/\">\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\/2025\/03\/11\/cargo-maritime-and-startup-watch-updates-from-qatar-and-ksa\/&title=Cargo, maritime, and startup watch updates from Qatar and KSA\">\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=Cargo%2C+maritime%2C+and+startup+watch+updates+from+Qatar+and+KSA+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F03%2F11%2Fcargo-maritime-and-startup-watch-updates-from-qatar-and-ksa%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\/2025\/03\/11\/cargo-maritime-and-startup-watch-updates-from-qatar-and-ksa\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/834.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85053\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/cargo-maritime-and-startup-watch-updates-from-qatar-and-ksa\/834-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/834.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"834.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/834.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/834.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85052\" class=\"content-area-description single-story post-85052 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-cargo tag-qatar tag-saudi-arabia tag-shipping-maritime tag-startup-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.617d7e00-19f8-409c-9391-2673c52df572.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">CARGO- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Qatar Airways Cargo + AeroNet ink repair services contract: <\/strong>Qatar Airways Cargo inked a net repair services agreement with France-based aviation firm AeroNet that will be valid until 31 May 2027, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/pulse\/aeronet-secures-three-year-net-repair-contract-qatar-airways-k2uhf\/?trackingId=62aCaZsC8S28qEAwiSSgpA%3D%3D\" style=\"\" rel=\"noopener\">statement<\/a>. Under the agreement, AeroNet will handle net repairs at its <a target=\"_blank\" href=\"https:\/\/www.easa.europa.eu\/en\/domains\/aircraft-products\/aircraft-certification\" style=\"\" rel=\"noopener\">EASA-certified<\/a> 145 pair repair stations. AeroNet has been providing Air Cargo Nets, Tie Down Straps and Cargo Equipment for Qatar Airways Cargo for the past three years, the statement adds. <\/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\">STARTUP WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi-based e-commerce platform Aya closed a USD 1.6 mn seed funding round<\/strong> led by Khwarizmi Ventures, with contributions from Raed Ventures, Joa Capital, Fena Holdings, Turki Alrajhi, and a group of angel investors, according to a <a target=\"_blank\" href=\"https:\/\/www.wamda.com\/2025\/03\/saudi-fashion-marketplace-aya-raises-1-6-million-seed\" style=\"\" rel=\"noopener\">press release<\/a>. The funds will be used to accelerate the company\u2019s product development, broaden its market presence, and improve its platform. No further details were provided on the funding round.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Aya:<\/strong> Aya is a fashion marketplace founded in 2024 that specializes in forecasting fashion trends and informing local producers about demand trajectory.<\/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>Qatar\u2019s MOT la<\/strong><strong>unches digital maritime services app:<\/strong> Qatar\u2019s Transport Ministry (MOT) has launched its new application \u2014 dubbed Darb \u2014 that aims to streamline and enhance accessibility to digital services in maritime transportation, according to a <a target=\"_blank\" href=\"https:\/\/www.mot.gov.qa\/en\/news\/MOTLaunchesItsMobileAppDarb\" style=\"\" rel=\"noopener\">statement<\/a>. The digital services will allow users to register new small vessels, renew their registration license, and facilitate vessel modification procedures. <\/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\">LAST-MILE DELIVERY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Global transport firm FedEx temporarily suspended its Economy Parcel and Freight <\/strong><strong>Services into Saudi Arabia<\/strong>, effective immediately, without offering further details, according to a <a target=\"_blank\" href=\"https:\/\/www.fedex.com\/en-eg\/service-news.html\" style=\"\" rel=\"noopener\">statement<\/a>. The suspension impacts select countries including Egypt, the UAE, Kuwait, South Korea, Japan, China, Hong Kong, Taiwan, India, Belgium, Denmark, the UK, Italy, Slovakia, the Netherlands, Spain, Poland, and Brazil. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>FedEx said it aims to resume the services as soon as possible<\/strong>, without disclosing a potential timeline. The last-mile shipping giant launched its international economy service in the Kingdom <a target=\"_blank\" href=\"https:\/\/newsroom.fedex.com\/newsroom\/middle-east-indian-subcontinent-and-africa\/fedex-launches-international-economy-services-in-saudi-arabia-to-help-smes-expand-global-footprint\" style=\"\" rel=\"noopener\">in 2023<\/a> in an effort to cap costs for local SMEs.<\/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>Qatar <\/strong><strong>Airw<\/strong><strong>ays exp<\/strong><strong>ands Syria route:<\/strong> Qatar Airways has added an extra daily flight from Doha to Syria\u2019s Damascus to meet rising demand starting June 2025. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-04\/qatar-airways-plans-to-increase-syria-flights-to-meet-demand\" style=\"\" rel=\"noopener\">Bloomberg<\/a>) <\/li>\n<li><strong>Flynas expands fleet and services: <\/strong>Budget carrier Flynas has integrated the second new Airbus A320neo aircraft into its fleet at Riyadh\u2019s King Khalid International Airport and launched two weekly direct services between Madinah and Pakistan\u2019s Karachi. (<a target=\"_blank\" href=\"https:\/\/x.com\/flynas\/status\/1898800738341408976\" style=\"\" rel=\"noopener\">Statement<\/a>) <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/cargo\/\">CARGO<\/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\/startup-watch\/\">STARTUP WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"85054 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=\"85054\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/85054\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85054\" class=\"content-area-description single-story post-85054 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\/11\/87.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=\"85055\" 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=\"85055\">\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\">Logistics in the News<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/latest-us-tariffs-may-hit-boeing-harder-than-airbus\/\">\r\n                            Latest US tariffs may hit Boeing harder than Airbus                        <\/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 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<\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/latest-us-tariffs-may-hit-boeing-harder-than-airbus\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/848.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85056\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/latest-us-tariffs-may-hit-boeing-harder-than-airbus\/848-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/848.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"848.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/848.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/848.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85055\" class=\"content-area-description single-story post-85055 post type-post status-publish format-standard has-post-thumbnail hentry category-logistics-in-the-news tag-airbus tag-aviation tag-boeing tag-logistics-in-the-news tag-usa 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\/2025\/3\/.31c01753-089f-4a62-9105-7d4bf47040f4.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Trump\u2019s <\/strong><strong>tariffs could hit Boeing much harder than Europe\u2019s Airbus:<\/strong> American aircraft manufacturer Boeing is bracing for a tough year that would see its supply chains destabilized and operational costs rocked as a result of US President Donald Trump\u2019s tariffs, <a target=\"_blank\" href=\"https:\/\/www.politico.eu\/article\/us-donald-trump-tariff-war-hurt-boeing-more-airbus\/\" style=\"\" rel=\"noopener\">Politico<\/a> reported on Friday. \u201cThat\u2019s really, really expensive for us \u2014 if we\u2019re building our products and we don\u2019t have the supply chain components,\u201d the company\u2019s CEO Kelly Ortberg reportedly told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-06\/boeing-ceo-says-tariffs-risk-higher-costs-supply-disruptions\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why is Boeing especially vulnerable? <\/strong>With a supply chain dependent on components sourced from Canada and the European Union, US tariffs on Canada and possible tariffs on the European Union (EU) would hike the US-based Boeing\u2019s production costs. This would be further magnified if the EU retaliates to US tariffs with counter-measures, making the company\u2019s aircraft very expensive in the European market. Unlike Boeing, Airbus has manufacturing facilities in both Europe and the US, which would give it more flexibility to adapt its supply chains to avoid the worst of the trade war between the EU and the US. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Industry-wide havoc: <\/strong>The tariffs could push Airbus to focus deliveries outside the US to avoid possible EU tariffs, the company\u2019s CEO Guillaume Faury <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/02\/20\/airbus-could-prioritise-non-us-deliveries-if-tariffs-impede-trade.html\" style=\"\" rel=\"noopener\">told CNBC<\/a>. Furthermore, a retaliatory EU response would impact EU-based airlines with Boeing orderbooks. For example, the Irish low-cost carrier RyanAir may incur exorbitant import costs from its upcoming order of 30 Boeing 737 MAX aircraft. LOT Polish Airlines and Lufthansa \u2014 who rely on Boeing albeit to a lesser extent \u2014 would also be impacted.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adding to Boeing\u2019s string of woes: <\/strong>Boeing\u2019s financial troubles are <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/03f347a8-9e2b-4d58-b99b-14a03fe7a1d7\/the-aviation-industry%25e2%2580%2599s-woes-are-expected-to-continue-into-2025\" style=\"\" rel=\"noopener\">expected to continue in<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/03f347a8-9e2b-4d58-b99b-14a03fe7a1d7\/the-aviation-industry%25e2%2580%2599s-woes-are-expected-to-continue-into-2025\" style=\"\" rel=\"noopener\">2025<\/a>, with delivery delays and general supply chain disruptions continuing this year. The company\u2019s net losses y-o-y rose fourfold in 2024, with revenues and commercial aircraft deliveries also slumping.<\/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\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/boeing\/\">Boeing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/logistics-in-the-news\/\">LOGISTICS IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/usa\/\">USA<\/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=\"85057\" 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=\"85057\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/beijing-targets-trump-voter-base-shipping-firms-adjust-as-trade-war-heats-up\/\">\r\n                            Beijing targets Trump voter base + Shipping firms adjust as trade war heats up                        <\/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\/2025\/03\/11\/beijing-targets-trump-voter-base-shipping-firms-adjust-as-trade-war-heats-up\/\" 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\/2025\/03\/11\/beijing-targets-trump-voter-base-shipping-firms-adjust-as-trade-war-heats-up\/')\">\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\/2025\/03\/11\/beijing-targets-trump-voter-base-shipping-firms-adjust-as-trade-war-heats-up\/\">\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=Beijing targets Trump voter base + Shipping firms adjust as trade war heats up&url=https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/beijing-targets-trump-voter-base-shipping-firms-adjust-as-trade-war-heats-up\/\">\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\/2025\/03\/11\/beijing-targets-trump-voter-base-shipping-firms-adjust-as-trade-war-heats-up\/&title=Beijing targets Trump voter base + Shipping firms adjust as trade war heats up\">\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=Beijing+targets+Trump+voter+base+%2B+Shipping+firms+adjust+as+trade+war+heats+up+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F03%2F11%2Fbeijing-targets-trump-voter-base-shipping-firms-adjust-as-trade-war-heats-up%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\/2025\/03\/11\/beijing-targets-trump-voter-base-shipping-firms-adjust-as-trade-war-heats-up\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/832.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"85058\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/11\/beijing-targets-trump-voter-base-shipping-firms-adjust-as-trade-war-heats-up\/832-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/832.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"832.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/832.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/832.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85057\" class=\"content-area-description single-story post-85057 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-china tag-shipping-maritime tag-trade tag-usa 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\/2025\/3\/.0f0a21fb-fae8-47fd-95bc-15d4b8299ad6.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Beijing\u2019s tariff retaliation targets Trump\u2019s voter base:<\/strong> China\u2019s latest tariffs on US agricultural products \u2014 which came into effect yesterday \u2014 are believed to be designed to target US President Donald Trump\u2019s rural voter base, <a target=\"_blank\" href=\"https:\/\/english.alarabiya.net\/News\/world\/2025\/03\/10\/china-us-trade-war-heats-up-as-tariffs-on-beijing-take-effect-\" style=\"\" rel=\"noopener\">Al Arabiya<\/a> reports, citing several analysts and trade experts. The China response also appears to be measured in order to leave room for negotiations, with the country opting to target a specific sector rather than an all-out tariff on US imports, Al Arabiya reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>China slapped the US with a new set of tariffs <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e4eceb20-7c66-4655-bb3c-98309480fd80\/today:-asyad-shipping%25e2%2580%2599s-ipo-%2B-china-tariffs-retaliation\" style=\"\" rel=\"noopener\">last week<\/a> that are set to impact nearly USD 21 bn in US agricultural exports. The response includes a 15% tariff on US chicken, wheat, corn, and cotton, as well as an extra 10% levy on US soybeans, sorghum, pork, beef, and more. The tariffs were a response to the US\u2019 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ece245da-cdc3-44e8-b7b4-4c6e4f0d6cfd\/today:-egypt%25e2%2580%2599s-wheat-storage-gets-eu-funding-%2B-pmi-season-is-here\" style=\"\" rel=\"noopener\">move last week to double its China tariffs<\/a> to 20%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\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><\/strong><strong>Shipping <\/strong><strong>firms shy away from Hong Kong hub in fear of US-China escalation: <\/strong>Several shipping firms have been discreetly taking vessels off Hong Kong's flag registry and moving their operations out of the special administrative city over fears of getting caught in the crossfire of Beijing-Washington trade war, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/shipping-firms-pull-back-hong-kong-skirt-us-china-risks-2025-03-06\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Thursday, citing six unnamed shipping executives. The moves also come amid concerns that commercial maritime operations and ships could be commandeered by Chinese authorities in case of heightened geopolitical tensions in the Pacific. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The impact:<\/strong> The number of oceangoing vessels registered in Hong Kong decreased by more than 8% in January 2025 to 2.4k ships, compared to four years earlier. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI: <\/strong>The US Trade Representative is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8ff28291-6191-45fc-b498-55a8f7660fe6\/the-us-mulls-crackdown-on-chinese-shipbuilding-and-maritime-sectors\" style=\"\" rel=\"noopener\">looking into charging<\/a> upwards of USD 1.5 mn for Chinese-built vessels entering US ports, as part of a US probe into China\u2019s increasing dominance in the global shipbuilding, maritime, and logistics industry. The US indicated that China is unfairly controlling certain sectors and fostering dependence.<\/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\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/usa\/\">USA<\/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=\"85059\" 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\/2025\/03\/11\/85059\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-85059\" class=\"content-area-description single-story post-85059 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> Calendar<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH<\/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>24-25 March (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.airbus.com\/en\/airbus-summit-2025\" style=\"\">Airbus Summit<\/a><\/span><span style=\"font-weight:400;\">, Toulouse, France.<\/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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>2-4 April (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/conferenziaworld.com\/global-supply-chain-and-logistics-summit\/\" style=\"\">Global Supply Chain and Logistics Summit<\/a><\/span><span style=\"font-weight:400;\">, Amsterdam, The Netherlands. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-4 April (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/africasco.co.za\/\" style=\"\">Africa Supply Chain Optimization<\/a><\/span><span style=\"font-weight:400;\">, Johannesburg, South Africa  <\/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 April (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.marinemoney.com\/events-2-0-2\/2025-gulf-ship-finance-forum\" style=\"\">Gulf Ship Finance 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>14 April (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/cargois-forum\/\" style=\"\">CargoIS 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>15-17 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/transport-middle-east-2025-2\/\" style=\"\">Transport Middle East Exhibition and Conference<\/a><\/span><span style=\"font-weight:400;\">, Aqaba, Jordan.<\/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>15-17 April (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/world-cargo-symposium\/\" style=\"\">IATA World Cargo Symposium<\/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>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>28 April-2 May: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iranexpo.co\/\" style=\"\">7th Export Capabilities Exhibition (Iran Expo)<\/a><\/span><span style=\"font-weight:400;\">, Tehran, Iran.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY <br \/><\/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 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theairportshow.com\/\" style=\"\">Airport Show<\/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>12-15 May (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudi-smartlogistics.com\/\" style=\"\">Saudi Smart Logistics<\/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>13-14 May (Tuesday-Wednesday): <\/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>20-22 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/seamless-middle-east\/index.stm\" style=\"\">Seamless Middle East<\/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>27-29 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudilogisticsexpo.com\/\" style=\"\">Saudi Warehousing & Logistics Expo<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">JUNE<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>1-3 June (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/agm\/agm-2025\/\" style=\"\">Annual General Meeting & World Air Transport Summit 2025<\/a><\/span><span style=\"font-weight:400;\">, 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>2-4 June (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.propakmena.com\/en\/home.html\" style=\"\">Propak MENA<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>5-6 June (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cparityevent.com\/supply-chain-4-0-summit\/\" style=\"\">Supply Chain & Logistics Innovation Summit<\/a><\/span><span style=\"font-weight:400;\">, Amsterdam, Netherlands.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>11-13 June (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/key-notion.com\/sustainability-world-summit\/\" style=\"\">Sustainability World Summit<\/a><\/span><span style=\"font-weight:400;\">, Frankfurt, Germany.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>17-19 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tocevents-europe.com\/en\/home.html\" style=\"\">Terminal Operations Conference & Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Rotterdam, Netherlands.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>19 June (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.emmc.me\/\" style=\"\">East Med Maritime Conference<\/a><\/span><span style=\"font-weight:400;\">, Athens, Greece.<\/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 June (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/decarbonizingforum.com\/forum\/\" style=\"\">Decarbonizing Shipping Forum<\/a><\/span><span style=\"font-weight:400;\">, Hamburg, Germany.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">JULY<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>1-3 July (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/asean-ports-and-logistics-2025\/\" style=\"\">ASEAN Ports and Logistics<\/a><\/span><span style=\"font-weight:400;\">, Jakarta, Indonesia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>24-26 September (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.routesonline.com\/events\/254\/routes-world-2025\/\" style=\"\">Routes World<\/a><\/span><span style=\"font-weight:400;\">, Hong Kong.<\/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>1-2 October (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/10times.com\/saudi-maritime-congress\" style=\"\">Saudi Maritime & Logistics Congress<\/a><\/span><span style=\"font-weight:400;\">, Dammam, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>14-15 October (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.afsic.net\/welcome\/\" style=\"\">Investing in Africa Conference and Expo<\/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 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>3-6 November (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/\" 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>4-6 November (Tuesday-Thursday): <\/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=\"\">Air Cargo Forum<\/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>17-21 November (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.dubaiairshow.aero\/\" style=\"\">Dubai Airshow<\/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\">EVENTS WITH NO SET DATE<\/span><span style=\"font-weight:400;\"> <br \/><\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>Mid-2025: Iraq will complete <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zawya.com\/en\/projects\/construction\/iraq-to-finish-phase-1-of-faw-grand-port-in-2025-r1g2m8qk\" style=\"\">phase one<\/a><\/span><span style=\"font-weight:400;\"> of the construction of the Grand Faw Port.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">DHL and Aramco\u2019s logistics and procurement hub in Saudi Arabia will commence operations.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">AD Ports-operated Safaga Port\u2019s multi-purpose terminal will become operational. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.apmterminals.com\/en\/news\/news-releases\/2023\/231213-one-million-teu-expansion-at-apm-terminals-tangier-med-port-operational#:~:text=12%2F18%2F2023-,One%20million%20TEU%20expansion%20at%20APM%20Terminals%20Tangier%20MedPort%20operational,an%20additional%20400%20metre%20berth.\" style=\"\">Phase 3<\/a><\/span><span style=\"font-weight:400;\"> of APM Terminals Tangier MedPort to be complete and operational.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">1Q 2025: Sadr Park\u2019s Logistics Center in Riyadh to be completed. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>1Q 2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.jafza.ae\/media-centre\/news\/jafza-completes-phase-1-of-new-logistics-park\/\" style=\"\">Phase two<\/a><\/span><span style=\"font-weight:400;\"> of Jafza Logistics Park to be completed.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2026<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\">2026 UNCTAD Global Supply Chains Forum, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>4Q 2027: Oman\u2019s Musandam Airport construction to be completed.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Adnoc mulls IPO plans for XRG | Kezad\u2019s new metal storage hub | US tariffs may hit Boeing harder than Airbus<\/p>\n","protected":false},"featured_media":85040,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-85039","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"b7a46bdf-c410-486b-8736-90cbe53dbe11","teaser":"Adnoc mulls IPO plans for XRG | Kezad\u2019s new metal storage hub | US tariffs may hit Boeing harder than Airbus","photo_url":"https:\/\/ent.news\/2024\/2\/1111.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 eyes IPO debut for XRG - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/issues\/adnoc-eyes-ipo-debut-for-xrg\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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