{"id":86255,"date":"2025-05-13T00:00:00","date_gmt":"2025-05-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=86255"},"modified":"2025-12-15T16:42:48","modified_gmt":"2025-12-15T16:42:48","slug":"flynas-sets-ipo-price-range-sees-institutional-orderbook-fully-subscribed-within-minutes-of-launch","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/flynas-sets-ipo-price-range-sees-institutional-orderbook-fully-subscribed-within-minutes-of-launch\/","title":{"rendered":"Flynas sets IPO price range, sees institutional orderbook fully subscribed within minutes of launch"},"content":{"rendered":"<section id=\"86257\" 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=\"86257\">\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\/05\/13\/today-flynas-ipo-launches-dp-world-to-invest-usd-760-mn-in-dominican-republic\/\">\r\n                            TODAY: Flynas launches IPO to full subscriptions + DP World\u2019s push in Dominican Republic                        <\/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\/05\/13\/today-flynas-ipo-launches-dp-world-to-invest-usd-760-mn-in-dominican-republic\/\" 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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But first, more positive updates on US-China trade de-escalation\u2026<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE <\/strong><strong>BIG LOGISTICS STORY- <\/strong><strong>Sino-<\/strong><strong>US<\/strong><strong> standoff simmers down\u2026 for now:<\/strong> The US and China have agreed to a 90-day pause to their trade war after two days of talks in Geneva, with the US slashing tariffs it imposed earlier this year on Chinese goods from 145% to 30% \u2014 encompassing the 10% baseline US tariff and an additional 20% linked to fentanyl trafficking \u2014 while China lowered its tariffs on US imports from 125% to 10%, according to a joint <a target=\"_blank\" href=\"https:\/\/www.whitehouse.gov\/briefings-statements\/2025\/05\/joint-statement-on-u-s-china-economic-and-trade-meeting-in-geneva\/\" style=\"\" rel=\"noopener\">statement<\/a> out yesterday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A three-month ticking clock:<\/strong> More Talks are expected to continue in the coming weeks, with both parties leaving the door open to extending the three-month truce if progress is made. US Treasury Secretary Scott Bessent hinted that if China were to engage more directly on curbing the fentanyl trade, further relief could be possible. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not a wholesale disengagement: <\/strong>\u201cThe US is going to do a strategic decoupling in terms of the items that we discovered during Covid were of national security interests \u2014 whether it\u2019s semiconductors, medicine, steel,\u201d Bessent told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-12\/us-and-china-agree-to-major-reductions-in-tariffs-for-90-days\" style=\"\" rel=\"noopener\">Bloomberg<\/a>, underscoring the administration\u2019s intent to maintain pressure on critical supply chains while easing tensions more broadly. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MARKET REAX- <\/strong> American markets rallied on the news, with the S&P 500 jumping 3.3% by the end of trading yesterday and the Nasdaq finishing the day up 4.4%, while the USD gained 1.4%. The VIX index \u2014 Wall Street\u2019s so-called \u201cfear gauge\u201d \u2014 also dropped below the cutoff 20 mark yesterday for the first time since 28 March, suggesting a potential shift toward calmer market sentiment. The VIX rose to a 5-year high of 45.3 on 4 April fueled by Donald Trump\u2019s tariff announcements.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This story grabbed a lot of ink in int\u2019l press: <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/china\/us-china-reach-deal-slash-tariffs-officials-say-2025-05-12\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-12\/us-and-china-agree-to-major-reductions-in-tariffs-for-90-days\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/economy\/trade\/surprise-u-s-china-trade-deal-gives-global-economy-a-big-reprieve-b486da7b\" style=\"\" rel=\"noopener\">The Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/05\/12\/us-and-china-agree-to-slash-tariffs-for-90-days.html\" style=\"\" rel=\"noopener\">CNBC<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2025\/05\/12\/business\/us-china-trade-deal-announcement-intl-hnk\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/05\/12\/business\/china-us-tariffs.html\" style=\"\" rel=\"noopener\">The New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/world\/2025\/05\/12\/united-states-china-trade-war-eases\/\" style=\"\" rel=\"noopener\">The Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/live\/cedy09wq25qt?page=2\" style=\"\" rel=\"noopener\">BBC<\/a> <\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>US President Donald Trump<\/strong><strong> will land in Saudi Arabia today in the first leg of his Gulf trip \u2014 set to drum <\/strong><strong>up investment and expand trade with our region. <\/strong>Agreements in investment, oil, defense, AI infrastructure, and nuclear power, are all in the cards when Trump <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/8912b2b3-44ca-4de0-9e97-daaec1338fae\/riyadh-gears-up-for-a-big-week-in-saudi-us-relations,-while-us-mulls-fast-tracking-foreign-investments\" style=\"\" rel=\"noopener\">starts his tour in Saudi Arabia<\/a> on Tuesday before heading on to the UAE and Qatar.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The swing through the region is set to see \u201ca huge number of investment and trade <\/strong><strong>[agreements] happening,\u201d<\/strong> Arab News\u2019 Faisal Abbas told <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/video\/2025\/05\/07\/trump-teases-very-big-announcement-ahead-of-gulf-trip.html\" style=\"\" rel=\"noopener\">CNBC<\/a>, stressing that injections of capital should be a two-way street. A potential lifting of the 10% tariff on aluminum and steel could also be on the agenda, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/05\/09\/trump-heads-to-middle-east-with-oil-arms-nuclear-ambitions-in-focus.html\" style=\"\" rel=\"noopener\">CNBC<\/a> reported elsewhere. Gulf officials are actively looking to tie fresh investment and big purchases of US goods to preferential tariff treatment for exports from our region. <\/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\">WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a><\/strong><strong>#1- <\/strong><strong>dnata<\/strong><strong> pursues APAC, Europe expansion:<\/strong> Homegrown aviation service provider dnata is looking at acquisitions throughout Asia Pacific (APAC) and Europe to countervail conflict-related volatility, with due diligence for the acquisitions currently underway, CEO Steve Allen told <a target=\"_blank\" href=\"https:\/\/gulfnews.com\/business\/aviation\/uaes-dnata-eyes-global-expansion-with-good-acquisition-pipeline-1.500124088\" style=\"\" rel=\"noopener\">Gulf News<\/a>. The acquisitions are part of the company\u2019s goal to shore up its cargo handling and premium services in a two-pronged approach seeking geographical and product capability expansion. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>dnata\u2019s moves in Europe, APAC: <\/strong>dnata is set to introduce 800 new ground support equipment units across 10 countries in 2025 under a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/61548405-2bb7-41c0-98b9-7ccc01a377d4\/%253cmark%253ednata%253c%2Fmark%253e-to-roll-out-800-new-airside-units-in-2025\" style=\"\" rel=\"noopener\">USD 110 mn investment ticket<\/a> \u2014 diversifying its operations in the UAE, Brazil, Italy, USA, and Singapore. In Europe, dnata <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8eb0a492-ea69-43e8-97c7-8432e383ccdc\/dnata-to-oversee%253cmark%253e-easyjet%253c%2Fmark%253e%25e2%2580%2599s-operations-at-zurich-airport\" style=\"\" rel=\"noopener\">clinched<\/a> a multi-year ground handling contract with EasyJet at Zurich Airport last September, whereby it will oversee EasyJet\u2019s passenger, ramp, and baggage services. This came months after it <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/48d68175-288b-4dd8-aa46-92f4f0f6f586\/danone-egypt-partners-up-with-shift-ev-to-add-electro-fitted-technology-into-its-fleet\" style=\"\" rel=\"noopener\">landed an agreement<\/a> with Lufthansa Group in May 2024 to provide passenger and ramp services at Amsterdam Schiphol Airport.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A mixed earnings call:<\/strong> The company\u2019s net income after tax flag 1.8% y-o-y to AED 1.4 bn <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/17d61678-6471-4e9e-b1f9-1849149f6343\" style=\"\" rel=\"noopener\">for 1Q 2025<\/a>, while revenues surged 9.8% y-o-y to AED 21.1 bn. Management attributed the topline growth to strong demand for travel and cargo transportation, particularly in the US, UK, Australia, Europe, and the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>#2- <\/strong><strong>Egypt<\/strong><strong>-Qatar talks center nat gas projects, supply:<\/strong> A delegation led by Oil Minister Karim Badawi met with Qatar\u2019s Energy Minister Saad Sherida al-Kaabi on Sunday to discuss stepping up joint natural gas projects and the potential signing of long-term contracts to secure Qatari natural gas for domestic consumption, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0LyJBXqVUB8fEDtzn81prAk84GQZohU67RyNntL4scYMjLRmG9VY51LmNuWwxtqiFl\" style=\"\" rel=\"noopener\">cabinet statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the docket:<\/strong> The sit-down also focused on the potential integration of energy infrastructure between the two nations to leverage possible synergies in LNG trading, liquefaction, and regasification. The parties also considered collaboration in exploration and production, and reviewed Qatar Energy\u2019s drilling plans for Egypt\u2019s Nefertari, Cairo, Masri, and North Maraqia wells in the Mediterranean.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Interested for a while:<\/strong> Qatar Energy <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ef1d9bc8-1d86-4195-a38e-0af76cff77e9\/%253cmark%253eqatar-energy%253c%2Fmark%253e-acquires-a-23%2525-stake-in-north-el-dabaa-block-from-chevron\" style=\"\" rel=\"noopener\">s<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ef1d9bc8-1d86-4195-a38e-0af76cff77e9\/%253cmark%253eqatar-energy%253c%2Fmark%253e-acquires-a-23%2525-stake-in-north-el-dabaa-block-from-chevron\" style=\"\" rel=\"noopener\">igned up to acquire<\/a> oil and gas giant Chevron\u2019s 23% operational stake in the Mediterranean\u2019s North El Dabaa Block last November. The firm seeks to undergo exploration works in Egypt\u2019s offshore sites, and is routinely active in Egyptian Natural Gas Holding Company\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/04355c3e-c3d0-496e-ad31-31632bf594a2\/four-international-companies-awarded-oil-and-gas-exploration-blocks\" style=\"\" rel=\"noopener\">b<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/04355c3e-c3d0-496e-ad31-31632bf594a2\/four-international-companies-awarded-oil-and-gas-exploration-blocks\" style=\"\" rel=\"noopener\">idding rounds for e<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/04355c3e-c3d0-496e-ad31-31632bf594a2\/four-international-companies-awarded-oil-and-gas-exploration-blocks\" style=\"\" rel=\"noopener\">xploration blocks<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>IN OTHER EGYPT NEWS- Government mulls anti-dumping duties on steel: <\/strong>Egypt is considering anti-dumping duties on hot-rolled steel imports after a dip in demand for Egyptian steel exports has left local producers competing with cheaper, lower-quality steel, a government source told EnterpriseAM. Egypt had traditionally exported its hot steel output to European and other markets, while looking towards cheaper imports of inferior and cheaper hot steel to meet local market demand, we were told.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>European <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9a636db2-9fe8-4fe3-b073-40c5ece072fe\/steel-industry-starts-to-feel-the-pinch-of-us,-eu-steel-tariffs\" style=\"\" rel=\"noopener\">tariffs on hot rolled steel<\/a> have upset the country\u2019s import\/export balancing act, leading to a study of export orders of local steel to assess the impact ahead of any market intervention. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Saudi\u2019s Public Investment Fund (PIF) launched a new AI company \u2014 HUMAIN \u2014 <\/strong><strong>that will operate across the entire AI value chain including data centers<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.pif.gov.sa\/en\/news-and-insights\/press-releases\/2025\/hrh-crown-prince-launches-humain-as-global-ai-powerhouse\/\" style=\"\" rel=\"noopener\">statement<\/a>. Besides data centers, HUMAIN\u2019s AI infrastructure offerings will include Arabic multimodal LLMs, and cloud solutions to boost local and global AI capabilities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- The Kingdom has been ramping up its data center capacity: <\/strong>The Kingdom is 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<\/a> AI project to rival the UAE as a technological hub, although details are scant. Leap 25 recently saw a flurry of investments in data centers, including <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/d20b3cc7-3eeb-40fe-b2db-183ba1028e8b\/ksa-advances-law-facilitating-trans-national-data-center-developments\" style=\"\" rel=\"noopener\">USD 1.4 bn<\/a> investment from Alfanar for four data centers, as well as a USD 5 bn agreement between DataVolt and Neom to set up a fully sustainable AI data center with an initial capacity of 300 MW capacity, eventually ramped up to 1.5 GW.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- It's paying off: <\/strong>By 2023, Saudi was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/e6d5b773-fff2-4de0-9ca7-04d974b0e46e\/saudi-is-catching-up-in-the-global-race-for-ai-supremacy\" style=\"\" rel=\"noopener\">the second-largest regional market<\/a> for colocation data centers with 22 active and 40 planned, alongside 10 hosted supercomputers. The Kingdom is set to become the Middle East\u2019s data center <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/acd085a7-2d4e-431c-ab00-32026de09594\/al-watania-poultry-draws-local,-foreign-bidders-%2B-saudi-to-spearhead%253cmark%253e-data-center%253c%2Fmark%253e-growth-in-the-middle-east%3F\" style=\"\" rel=\"noopener\">powerhouse<\/a> by 2027, with a projected compound annual growth rate of 37% \u2014 almost double that of Dubai and Abu Dhabi and well above the 15% global average.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Oil prices fell on Tuesday morning \u2014 despite reported progress on US-China talks \u2014 <\/strong><strong>amid reports on rising supply<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/oil-prices-ease-off-2-week-highs-after-us-china-pause-tariff-war-2025-05-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures dipped by USD 0.22 to USD 64.74 a barrel, while the US West Texas Intermediate (WTI) decreased by USD 0.18 to reach USD 61.77 a barrel by 02.48 GMT. The drop came despite an earlier rally yesterday that saw prices reach a two-week high.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, Opec+ production hikes could generate an extra USD 1.9 bn in annual cashflow for <\/strong><strong>Aramco at USD 60 per barrel<\/strong>, Asharq Business quoted CEO Amin Nasser as saying in a post-earnings conference call yesterday. Aramco can quickly and efficiently boost crude oil production to 12 mn barrels per day (bpd) at minimal extra cost, with each mn bpd of spare capacity potentially generating USD 12 bn in operating cashflows at 2024 prices, Nasser added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale:<\/strong> Global oil demand hit a record 104.3 mn bpd In 1Q 2025, up by 1.7 mn barrels from the same period last year, with refining also reaching record levels. Meanwhile, non-Opec production has slowed, and global crude inventories dropped to their lowest in five years, with crude oil cover at around 40 days by the end of 1Q 2025, Nasser said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Baltic index snaps losing streak:<\/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\">was up 0.39%<\/a> to 1,304 points on Monday. The capesize gained 1.29% to 1,731 points, while the panamax fell 0.81% to 1,342 points. The smaller supramax index grew one point to 970.<\/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.terrapinn.com\/exhibition\/seamless-middle-east\/index.stm\" style=\"\" rel=\"noopener\">Seamless Middle East<\/a><\/strong><strong> from Tuesday, 20 May to Thursday, 22 May<\/strong> in Dubai. The event will cover topics including digital marketing, e-commerce, and retail and merchant payments. <\/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>Saudi Arabia will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.saudilogisticsexpo.com\/\" style=\"\" rel=\"noopener\">Saudi Warehousing & Logistics Expo<\/a><\/strong><strong> from Tuesday, 27 May to Thursday, 29 May<\/strong> in Riyadh. The expo will host over 18k supply chain industry professionals and more than 400 exhibitors. It will also explore over 3.5k solutions. <\/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>Morocco will host the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/logistiqua2025.sciencesconf.org\/?lang=en\" style=\"\" rel=\"noopener\">International Conference on Logistics and Supply Chain Management<\/a><\/strong><strong> from Wednesday, 28 May to Friday, 30 Ma<\/strong><strong>y<\/strong> in Casablanca. The conference will cover scientific research, technologies, and environmentally friendly digital solutions in the logistics, transport, and supply chain sectors. <\/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\/dnata\/\">Dnata<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/flynas-sets-ipo-price-range-at-sar-76-80-per-share-amid-robust-appetite\/\">\r\n                            Flynas sets IPO price range at SAR 76-80 per share amid strong appetite                        <\/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\/05\/13\/flynas-sets-ipo-price-range-at-sar-76-80-per-share-amid-robust-appetite\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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           <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Flynas+sets+IPO+price+range+at+SAR+76-80+per+share+amid+robust+appetite+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F05%2F13%2Fflynas-sets-ipo-price-range-at-sar-76-80-per-share-amid-robust-appetite%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\/05\/13\/flynas-sets-ipo-price-range-at-sar-76-80-per-share-amid-robust-appetite\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/993.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86261\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/flynas-sets-ipo-price-range-at-sar-76-80-per-share-amid-robust-appetite\/993-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/993.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"993.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/993.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/993.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86260\" class=\"content-area-description single-story post-86260 post type-post status-publish format-standard has-post-thumbnail hentry category-ipo-watch tag-aviation tag-flynas tag-ipo-watch tag-saudi-arabia wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.564bcf8e-31d6-4094-bc49-3d118665afa0.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Low-cost carrier Flynas saw its IPO fully covered within minutes of opening the <\/strong><strong>bookbuilding process<\/strong>, signaling strong investor appetite for Saudi equities \u2014 even as global markets wobble, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-12\/saudi-arabia-s-flynas-seeks-to-raise-up-to-1-1-billion-in-ipo\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. The company is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4c9f98db-f227-4ccf-81f8-488874676f0e\" style=\"\" rel=\"noopener\">offloading 51.26 mn shares<\/a> at SAR 76-80 apiece, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/929.pdf\" style=\"\" rel=\"noopener\">a statement by the airline (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market cap + proceeds:<\/strong> At the top of the range, the company could raise up to USD 4.1 bn, which would set its market cap at up to SAR 13.7 bn at listing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where will the money go? <\/strong>Net proceeds of two share blocks \u2014 8.32 mn treasury shares (5.42% of the company) and 3.95 mn existing shares (2.58%) \u2014 will go to fund the company\u2019s employee incentive program. The remainder of the 33.83 mn existing shares (excluding the 3.95 mn earmarked for employee incentives) will be shared among the selling shareholders based on their ownership stakes. The two blocks comprise a total of 66% of net proceeds.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- Proceeds from newly issued shares<\/strong> \u2014 34% of net proceeds \u2014 will go to the company to help fund its growth plans and general business needs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters:<\/strong> If successful, Flynas would be the first Gulf airline to go public in nearly two decades \u2014 ahead of a much-anticipated IPO by Etihad Airways, expected to hit the Abu Dhabi Exchange later this year. Proceeds from the listing will help Flynas expand its fleet and roll out new hubs across the kingdom.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next: <\/strong>Bookbuilding for institutional investors wraps on 18 May. The retail tranche will follow shortly after.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>Goldman Sachs Saudi Arabia, BSF Capital, and Morgan Stanley Saudi Arabia are joint financial advisors and underwriters. BSF Capital is also serving as lead manager. Bookrunners include Emirates NBD Capital KSA, Goldman Sachs Saudi Arabia, Al Rajhi Capital, BSF Capital, Citigroup Saudi Arabia, ANB Capital, and Morgan Stanley Saudi Arabia. Receiving agents include BSF Capital, Al Rajhi Capital, SNB Capital, and Riyad Capital, among others.<\/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\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/flynas\/\">Flynas<\/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\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86262 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=\"86262\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/86262\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86262\" class=\"content-area-description single-story post-86262 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=\"86263\" 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=\"86263\">\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\">Investment Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/dp-world-to-overhaul-dominican-republic-port-freetrade-zone-for-usd-760-mn\/\">\r\n                            DP World to overhaul Dominican Republic port + freetrade zone for USD 760 mn                        <\/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\/05\/13\/dp-world-to-overhaul-dominican-republic-port-freetrade-zone-for-usd-760-mn\/\" 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\/05\/13\/dp-world-to-overhaul-dominican-republic-port-freetrade-zone-for-usd-760-mn\/')\">\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\/05\/13\/dp-world-to-overhaul-dominican-republic-port-freetrade-zone-for-usd-760-mn\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=DP World to overhaul Dominican Republic port + freetrade zone for USD 760 mn&url=https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/dp-world-to-overhaul-dominican-republic-port-freetrade-zone-for-usd-760-mn\/\">\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\/05\/13\/dp-world-to-overhaul-dominican-republic-port-freetrade-zone-for-usd-760-mn\/&title=DP World to overhaul Dominican Republic port + freetrade zone for USD 760 mn\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=DP+World+to+overhaul+Dominican+Republic+port+%2B+freetrade+zone+for+USD+760+mn+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F05%2F13%2Fdp-world-to-overhaul-dominican-republic-port-freetrade-zone-for-usd-760-mn%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\/05\/13\/dp-world-to-overhaul-dominican-republic-port-freetrade-zone-for-usd-760-mn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1545.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86264\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/dp-world-to-overhaul-dominican-republic-port-freetrade-zone-for-usd-760-mn\/1545-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1545.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1545.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1545.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1545.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86263\" class=\"content-area-description single-story post-86263 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-dp-world tag-investment-watch tag-ports 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\/5\/.10f26593-96d3-4227-afa0-7bfb6b3d3f4d.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>DP World and the government of the Dominican Republic have inked a USD 760 mn MoU <\/strong><strong>to expand the Port of Caucedo and its freetrade zone<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/usa\/news\/latest-news\/dp-world-signs-agreement-to-expand-port-caucedo-in-dominican-republic\" style=\"\" rel=\"noopener\">press release<\/a> published on Friday. The project is expected to catalyze about USD 3.9 bn in foreign direct investment, add 300k TEUs in cargo volume per year, bolster manufacturing output by USD 4 bn, and create thousands of jobs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The funds will be split between port and freetrade zone:<\/strong><\/p>\n<ul>\n<li><strong>Some <\/strong><strong>USD 380 mn will go toward upgrading the Port of Caucedo<\/strong>, raising cargo capacity from 2.5 mn TEUs to 3.1 mn TEUs; shoring up general cargo operations; expanding the quay and breakwater to ready them for next-generation vessels; as well as installing ship-to-shore cranes, yard and security equipment.<\/li>\n<li><strong>The remaining USD 380 mn will go towards expanding the 86-hectare freetrade zone. <\/strong>The expansion will see the addition of 225 hectares, the establishment of a marketing center to solicit global tenants, and the building of a new road network and pre-built cargo units.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cBy boosting capacity and enabling nearshoring opportunities, we will transform Caucedo into the most advanced logistics hub in the Caribbean, not only strengthening supply chain resilience across the Americas but also creating a powerful engine for economic growth and job creation in the Dominican Republic,\u201d CEO Sultan Ahmed bin Sulayem noted. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> DP World manages both the Port of Caucedo\u2019s marine terminal and the adjoining freetrade zone. Through its subsidiary Unifeeder, the port operator <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/fae424c4-f211-4d95-816d-d0220ddfcad8\/dp-world%25e2%2580%2599s-unifeeder-kicks-off-new-service-linking-colombia-%2B-panama\" style=\"\" rel=\"noopener\">added fixed a weekly feeder service<\/a> last year connecting the Dominican Republic port to other Caribbean ports. In 2023, the company <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/237f156a-cb4b-4d05-a0dc-17bf0e99a372\/dp-world-to-increase-container-handling-capacity-at-some-regional-ports-by-3-mn-teus-by-year%25e2%2580%2599s-end\" style=\"\" rel=\"noopener\">added 1.2 mn TEUs<\/a> in capacity for the port.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More moves in the Dominican Republic<\/strong><strong>: <\/strong>DP World <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/911a1424-d88a-49c6-8a98-0610ba951597\" style=\"\" rel=\"noopener\">launched operations<\/a> in late 2023 at its air cargo hub in Punta Cana. The hub was established in partnership with the Punta Cana Freetrade Zone (PCFTZ).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The latest on DP World\u2019s ports and freezones:<\/strong> DP World is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/9f534c87-27bf-438c-b5f8-8fcb9337bb43\/Jafza%20to%20funnel%20AED%208.5%20bn%20for%20upgrades,%20expansions%20over%20three%20years\" style=\"\" rel=\"noopener\">planning to expand<\/a> another freezone\u2014Jebel Ali FreeZone (Jafza)\u2014with nearly AED 8.5 bn in investments to span the next three years to expand the zone and upgrade its infrastructure. DP World also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/eff2b5b7-d1a0-4eac-993a-0c1a729b314f\/dp-world-completed-usd-100-mn-project-to-upgrade-a-philippines-terminal\" style=\"\" rel=\"noopener\">completed developing<\/a> the Philippines\u2019 Manila South Harbor with Asia Terminals Inc. for USD 100 mn last week.<\/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\/dp-world\/\">DP World<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ports\/\">PORTS<\/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=\"86265\" 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=\"86265\">\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\">M&amp;A Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/fetriglobe-to-acquire-wengfu-australias-distribution-assets\/\">\r\n                            Fetriglobe to acquire Wengfu Australia\u2019s distribution assets                        <\/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\/05\/13\/fetriglobe-to-acquire-wengfu-australias-distribution-assets\/\" 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\/05\/13\/fetriglobe-to-acquire-wengfu-australias-distribution-assets\/')\">\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\/05\/13\/fetriglobe-to-acquire-wengfu-australias-distribution-assets\/\">\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=Fetriglobe to acquire Wengfu Australia\u2019s distribution assets&url=https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/fetriglobe-to-acquire-wengfu-australias-distribution-assets\/\">\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\/05\/13\/fetriglobe-to-acquire-wengfu-australias-distribution-assets\/&title=Fetriglobe to acquire Wengfu Australia\u2019s distribution assets\">\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=Fetriglobe+to+acquire+Wengfu+Australia%E2%80%99s+distribution+assets+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F05%2F13%2Ffetriglobe-to-acquire-wengfu-australias-distribution-assets%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\/05\/13\/fetriglobe-to-acquire-wengfu-australias-distribution-assets\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/996.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86266\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/fetriglobe-to-acquire-wengfu-australias-distribution-assets\/996-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/996.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"996.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/996.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/996.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86265\" class=\"content-area-description single-story post-86265 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch-2 tag-adnoc tag-fertiglobe tag-ma-watch tag-storage-warehouses tag-trade tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.238b8df3-1307-4d35-824c-7f24c2d648ac.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adnoc-owned urea and ammonia producer and exporter <\/strong><strong><a target=\"_blank\" href=\"https:\/\/fertiglobe.com\/\" style=\"\" rel=\"noopener\">Fertiglobe<\/a><\/strong><strong> has <\/strong><strong>inked an agreement to acquire the distribution assets of fertilizer supplier <\/strong><strong><a target=\"_blank\" href=\"https:\/\/wengfu.com.au\/\" style=\"\" rel=\"noopener\">Wengfu Australia<\/a><\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/871.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The acquisition will see Fertiglobe take over an asset portfolio including eight warehouses spread across five ports, helping to distribute 700-800 kt of fertilizer annually. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The asset sale and purchase agreements will see Fetriglobe pay the net values of the assets, made up of liquid inventory and net working capital, as well as a USD 8 mn premium. Its current normalized working capital is estimated to be USD 75 mn, and will be financed through pre-arranged trade and factoring facilities, with no impact on dividends and minimal effect on leverage.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead: <\/strong>The acquisition is subject to regulatory approvals, but is expected to close soon. It is also set to be earnings per share accretive, meaning the earnings per share are expected to increase following the transaction, with a 2.8% uptick expected in 2026 and 4.1% in 2027, before synergies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale: <\/strong>The acquisition widens Fertiglobe\u2019s portfolio to non-nitrogen fertilizers, and increases its customer base and sourcing flexibility to the Asia-Pacific region. Fertiglobe already supplies around 600 kt of urea to Australia yearly.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Wengfu Australia: <\/strong>The Australia-based fertilizers supplier was established in 2009 and is a subsidiary of China\u2019s <a target=\"_blank\" href=\"https:\/\/www.guizhoulinhua.com\/en\/\" style=\"\" rel=\"noopener\">Guizhou Phosphate and Chemical Group<\/a> \u2014 the world\u2019s third-largest phosphate fertilizer manufacturer. Wengfu Australia serves over 200 customers across Southeast Australia.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/adnoc\/\">Adnoc<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/fertiglobe\/\">Fertiglobe<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ma-watch\/\">M&amp;A WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/storage-warehouses\/\">STORAGE + WAREHOUSES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86267 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=\"86267\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/86267\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86267\" class=\"content-area-description single-story post-86267 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=\"86268\" 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=\"86268\">\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\">Ports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/oman-to-overhaul-shinas-port-for-omr-77-mn\/\">\r\n                            Oman to overhaul Shinas Port for OMR 77 mn                        <\/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\/05\/13\/oman-to-overhaul-shinas-port-for-omr-77-mn\/\" 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\/05\/13\/oman-to-overhaul-shinas-port-for-omr-77-mn\/')\">\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\/05\/13\/oman-to-overhaul-shinas-port-for-omr-77-mn\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Oman to overhaul Shinas Port for OMR 77 mn&url=https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/oman-to-overhaul-shinas-port-for-omr-77-mn\/\">\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\/05\/13\/oman-to-overhaul-shinas-port-for-omr-77-mn\/&title=Oman to overhaul Shinas Port for OMR 77 mn\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Oman+to+overhaul+Shinas+Port+for+OMR+77+mn+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F05%2F13%2Foman-to-overhaul-shinas-port-for-omr-77-mn%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\/05\/13\/oman-to-overhaul-shinas-port-for-omr-77-mn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1335.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86269\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/oman-to-overhaul-shinas-port-for-omr-77-mn\/1335-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1335.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1335.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1335.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1335.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86268\" class=\"content-area-description single-story post-86268 post type-post status-publish format-standard has-post-thumbnail hentry category-ports tag-oman tag-ports tag-shipping-maritime wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.152b66b9-a317-433f-80b3-34927678eaa9.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Omani port operator <\/strong><strong><a target=\"_blank\" href=\"https:\/\/qsmaritime.com\/index.php\/shinas-port\/\" style=\"\" rel=\"noopener\">QS Maritime<\/a><\/strong><strong> is planning to award a contract for the expansion of <\/strong><strong>Shinas Port for <\/strong><strong>OMR<\/strong><strong> 77 mn (c. <\/strong><strong>USD 200 mn<\/strong><strong>)<\/strong>, CEO Abdulbaqi bin Ahmed Al Kindi told <a target=\"_blank\" href=\"https:\/\/www.omannews.gov.om\/topics\/ar\/7\/show\/450355\/\" style=\"\" rel=\"noopener\">Oman News Agency<\/a> on Saturday. The construction is slated to begin before the end of 2025 and the project is reportedly expected to take between five and seven years to complete.<\/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 project\u2019s first phase will involve expanding the port\u2019s current basin to the south and establishing a new northern breakwater to allow larger vessels to dock. The company expects to launch a sea route between Shinas Port and Iran\u2019s Bandar Abbas Port by 4Q 2025 that can accommodate 200 passengers with their vehicles.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Part of an ongoing effort: <\/strong>QS Maritime has already expanded the port\u2019s square footage to 1.8 mn sqm in preparation for new projects, Al Kindi added. Shinas Port saw robust traffic growth in 1Q 2025, receiving 306 ships compared to 119 in the same period last year. The port\u2019s handling usually includes livestock, iron, cement, general cargo, and camels.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The latest from the port:<\/strong> QS Maritime <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b5084d04-ddd8-476a-bccb-9a1d50f182df\/oman%25e2%2580%2599s-shinas-port-inks-usd-66-mn-agreement-for-fuel-tanks\" style=\"\" rel=\"noopener\">signed<\/a> an OMR 25 mn (c. USD 66 mn) agreement last year with Zuhoor Al Khaleej to build fuel tanks and manage supply and storage services at Shinas port. This followed the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/db0ddf4b-c6b1-4077-8c0f-b0d647043810\" style=\"\" rel=\"noopener\">signing of an agreement<\/a> by a consortium of Omani and Indian firms with Oman\u2019s Transport, Communications, and Information Ministry to develop, manage, and operate Shinas Port in 2023.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/ports\/\">PORTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86270\" 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=\"86270\">\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\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/1q-earnings-from-adnoc-ls-and-talabat\/\">\r\n                            1Q earnings from Adnoc L&amp;S and Talabat                        <\/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\/05\/13\/1q-earnings-from-adnoc-ls-and-talabat\/\" 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\/05\/13\/1q-earnings-from-adnoc-ls-and-talabat\/')\">\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\/05\/13\/1q-earnings-from-adnoc-ls-and-talabat\/\">\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=1Q earnings from Adnoc L&#038;S and Talabat&url=https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/1q-earnings-from-adnoc-ls-and-talabat\/\">\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\/05\/13\/1q-earnings-from-adnoc-ls-and-talabat\/&title=1Q earnings from Adnoc L&#038;S and Talabat\">\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=1Q+earnings+from+Adnoc+L%26%23038%3BS+and+Talabat+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F05%2F13%2F1q-earnings-from-adnoc-ls-and-talabat%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\/05\/13\/1q-earnings-from-adnoc-ls-and-talabat\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/704.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86271\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/1q-earnings-from-adnoc-ls-and-talabat\/704-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/704.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"704.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/704.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/704.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86270\" class=\"content-area-description single-story post-86270 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-adnoc tag-adnoc-logistics tag-earnings-watch tag-last-mile tag-talabat 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\/5\/.aef35415-ed38-4529-9e74-0cd3a35aa97e.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>Abu Dhabi National Oil Company Logistics and Services (Adnoc L&S) saw its bottom line decline by 5% y-o-y to USD 185 mn (AED 680 mn)<\/strong> <strong>in 1Q 2025<\/strong>, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/873.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. The firm\u2019s topline recorded a 41% y-o-y increase to USD 1.2 bn, which the firm attributed to expanded initiatives, heightened demand, enhanced operational efficiencies, and the recent <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/152afefc-431d-4418-93bf-56c51747c1fa\/adnoc-l&s-finalizes-acquisition-of%253cmark%253e-navig8%253c%2Fmark%253e-in-usd-1.04-bn-transaction\" style=\"\" rel=\"noopener\">Navig8 acquisition<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the segment: <\/strong><\/p>\n<ul>\n<li><strong>The firm\u2019s integrated logistics segment saw its net income rise by 14% y-o-y to USD 119 mn<\/strong>, while its revenue rose by 23% y-o-y to USD 628 mn in 1Q 2025, driven by heightened earnings and acquisitions of jack-up barges (JUBs) as well as heightened contracted logistics volumes;<\/li>\n<li><strong>Meanwhile, the company\u2019s shipping segment\u2019s bottomline dropped by 25% y-o-y to USD 61 mn<\/strong>, while its revenues increased by 87% y-o-y to USD 469 mn, pushed by Navig8\u2019s acquisition and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/4744233e-4cb8-485f-ae03-b58a42216d8c\/today:-qatar%25e2%2580%2599s-meeza-lands-financing-for-data-center-expansion\" style=\"\" rel=\"noopener\">transferred tankers<\/a> \u2019 revenue;<\/li>\n<li><strong>Lastly, the company\u2019s services department saw its net income surge 138% y-o-y to USD 11 mn<\/strong>, while its revenues grew by 9% y-o-y to USD 84 mn. <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Future forecast:<\/strong> Adnoc L&S expects to see a slight y-o-y increase in 2025 across its integrated logistics division. The firm forecasts its revenue for its shipping segment to remain in the low 80% range, while it projects its services cluster to be in the double-digit percentage range. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The first full financial year following the acquisition of Navig8 is expected to see a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/98312b7a-c7d6-4b7a-898b-0d21c5ef9a68\/a-flurry-of-fy-2024-earnings-reports-from-uae-logistics-players\" style=\"\" rel=\"noopener\">minimum 20% boost<\/a> to Adnoc L&S\u2019 earnings per share in 2025, saving some USD 100 mn per year in technical management costs and costs associated with bunkering operations. The move added 32 tankers to the firm\u2019s fleet, expanding its service portfolio to include commercial pooling and bunkering. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> The firm recorded a 9% y-o-y increase in its net income to AED 660 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/98312b7a-c7d6-4b7a-898b-0d21c5ef9a68\/a-flurry-of-fy-2024-earnings-reports-from-uae-logistics-players\" style=\"\" rel=\"noopener\">in 4Q 2024<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/98312b7a-c7d6-4b7a-898b-0d21c5ef9a68\/a-flurry-of-fy-2024-earnings-reports-from-uae-logistics-players\" style=\"\" rel=\"noopener\"><\/a>, while its revenue bolstered 6% y-o-y to AED 3.24 bn (USD 881 mn) during the same period. <\/p>\n<p class=\"tag-border-left\">TALABAT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Talabat saw its adjusted net income rise 24% y-o-y to USD 99 mn in 1Q 2025<\/strong>, while management revenues rose 34% y-o-y to USD 846 mn, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/864.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. Delivery Hero\u2019s Middle East unit adjusted its net income for \u201cmaterial non-recurring items to allow for a like-for-like comparison,\u201d including an FX loss on a loan to Talabat Egypt due to the EGP devaluation in March 2024. Unadjusted, Talabat\u2019s net income for the quarter came in at USD 103 mn, up 278% y-o-y. Gross merchandise value rose 33% y-o-y to USD 2.1 bn when adjusting for currency variations, Talabat said in its <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/863.pdf\" style=\"\" rel=\"noopener\">earnings presentation (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Driving the growth:<\/strong> \u201cOur Groceries and Retail vertical contributed approximately one-third of GMV when including Instashop for the full quarter,\u201d Talabat CEO Tomaso Rodriguez is quoted as saying. Talabat had <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/45a7ec35-4793-484c-bd9d-cba049aa6e80\" style=\"\" rel=\"noopener\">acquired<\/a> Instashop in March.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Talabat\u2019s adjusted EBITDA came in at USD 140 mn<\/strong>, rising 34% y-o-y during the quarter and equivalent to 6.7% of gross merchandise value, up 0.2 percentage points y-o-y, according to the release.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dividends:<\/strong> The company\u2019s AGM <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/772b4755-4c79-45d9-a51f-3edcce125fc2\/investors-flee-wall-street-turmoil-for-gold,-ems,-and-niche-markets\" style=\"\" rel=\"noopener\">approved<\/a> distributing USD 110 mn in dividends for 4Q 2024, and Talabat \u201cremains on track to pay a minimum of USD 400 mn in dividends for the full year of 2025,\u201d according to the presentation.<\/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\/adnoc-logistics\/\">ADNOC Logistics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/last-mile\/\">last-mile<\/a>\n                <!-- <span 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     class=\"\r\n                story-section            \"\r\n            id=\"86273\">\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\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/updates-on-trade-and-ports-digitization-from-egypt-and-oman\/\">\r\n                            Updates on aviation and digitization from Saudi Arabia and Oman                        <\/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 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\r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/updates-on-trade-and-ports-digitization-from-egypt-and-oman\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/995.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86274\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/updates-on-trade-and-ports-digitization-from-egypt-and-oman\/995-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/995.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"995.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/995.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/995.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86273\" class=\"content-area-description single-story post-86273 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-digitization tag-egypt tag-lng tag-oman tag-shipping-maritime tag-sohar-port tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.953c2aaa-8642-47cf-b9f8-f84e67fa478d.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TRADE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><\/strong><strong>EGAS secures FLNG facility in 10-year pact:<\/strong> Egyptian Natural Gas Holding Company (EGAS) has inked a 10-year agreement with global maritime energy infrastructure player <a target=\"_blank\" href=\"https:\/\/hoeghevi.com\/\" style=\"\" rel=\"noopener\">H\u00f6egh Evi<\/a> for an LNG regasification vessel, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-12\/egypt-signs-long-term-deal-for-terminal-to-extend-lng-imports\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing a statement it has received from the firm. The newswire says the move signals the country\u2019s \u201clong-term dependency on fuel imports.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> A vessel owned by H\u00f6egh Evi \u2014 dubbed the Hoegh Gandria \u2014 will dock in the Ain Sokhna\u2019s Port of Sumed in 4Q 2026. Before then, the vessel will undergo conversion into a floating storage and regasification unit \u2014 it has been serving as an LNG carrier \u2014 with a peak daily capacity of 1 bn cubic feet of gas. The unit will replace the existing Hoegh Galleon \u2014 the single operating LNG import terminal in the country \u2014 which was delivered by H\u00f6egh Evi last year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Long-term contracts aren\u2019t what people are expecting: <\/strong>The government has long refrained from relying on long-term natural gas imports, with a government source telling us <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fcbb9bb9-0bf4-46f0-bdd3-b2e80db9dfae\/egypt-issues-tender-for-20-lng-cargoes,-stocking-up-more-shipments-through-winter\" style=\"\" rel=\"noopener\">last year<\/a> that the government does not want to resort to long-term contracts despite favorable prices at the time amid hopes of new natural gas discoveries that could put Egypt once again to the global export map, along with expanding renewable capacities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Loads of regasification units:<\/strong> Egypt is in talks to lease a handful of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1b9fd749-aa29-4e1e-8130-779b690eb091\" style=\"\" rel=\"noopener\">regasification units<\/a> to cover high energy demand in the summer months, including from <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/67222c83-eb7c-4ffd-9797-ca2f6cb84beb\/another%253cmark%253e-lng%253c%2Fmark%253e-regasification-vessel-coming-our-way%3F\" style=\"\" rel=\"noopener\">Germany<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c4567e6b-e20b-4f84-88fa-efe943016e3e\/egypt-to-rent-another-floating-regasification-unit-from-cyprus%3F\" style=\"\" rel=\"noopener\">Cyprus<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/32b3bc1d-6f66-47bb-8edf-6812e11f7ca4\/yet-another-floating-storage%253cmark%253e-regasification%253c%2Fmark%253e-unit-coming-our-way%3F\" style=\"\" rel=\"noopener\">Turkey<\/a>. Most recently, Oil Minister Karim Badawi met with CEO of US-based LNG solutions company Excelerate Energy Steven Kobos where they discussed leasing floating storage and regasification units to Egypt. <\/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\">DIGITIZATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oman eyes digitalization across its ports: <\/strong>Oman\u2019s Sohar Port and Freezone launched a training program with the International Port Community Systems Association (IPCSA) on port community systems (PCS) to enhance digital efficiency across Oman\u2019s ports, according to a <a target=\"_blank\" href=\"https:\/\/soharportandfreezone.om\/en\/media\/news-events\/5594\" style=\"\" rel=\"noopener\">statement<\/a>. The program will expedite the port\u2019s digital transformation, explore implementation strategies, and identify measures and challenges for digital ports\u2019 ecosystems.<\/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\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/digitization\/\">digitization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/lng\/\">LNG<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/sohar-port\/\">Sohar port<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86275\" 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=\"86275\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/uk-is-coming-for-russias-shadow-fleet-set-to-sanction-100-vessels\/\">\r\n                            UK is coming for Russia\u2019s shadow fleet, set to sanction 100 vessels                        <\/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\/05\/13\/uk-is-coming-for-russias-shadow-fleet-set-to-sanction-100-vessels\/\" 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\/05\/13\/uk-is-coming-for-russias-shadow-fleet-set-to-sanction-100-vessels\/')\">\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\/05\/13\/uk-is-coming-for-russias-shadow-fleet-set-to-sanction-100-vessels\/\">\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=UK is coming for Russia\u2019s shadow fleet, set to sanction 100 vessels&url=https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/uk-is-coming-for-russias-shadow-fleet-set-to-sanction-100-vessels\/\">\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\/05\/13\/uk-is-coming-for-russias-shadow-fleet-set-to-sanction-100-vessels\/&title=UK is coming for Russia\u2019s shadow fleet, set to sanction 100 vessels\">\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=UK+is+coming+for+Russia%E2%80%99s+shadow+fleet%2C+set+to+sanction+100+vessels+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F05%2F13%2Fuk-is-coming-for-russias-shadow-fleet-set-to-sanction-100-vessels%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\/05\/13\/uk-is-coming-for-russias-shadow-fleet-set-to-sanction-100-vessels\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/997.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"86276\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/05\/13\/uk-is-coming-for-russias-shadow-fleet-set-to-sanction-100-vessels\/997-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/997.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"997.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/997.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/997.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86275\" class=\"content-area-description single-story post-86275 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-russia tag-shipping-maritime tag-trade tag-uk wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.874b42a0-e257-47bd-a4e0-34fd4e573051.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Britain is set to slap sanctions on up to 100 vessels that are a part of <\/strong><strong>Russia\u2019s shadow fleet<\/strong>, PM Keir Starmer announced in a <a target=\"_blank\" href=\"https:\/\/www.gov.uk\/government\/news\/prime-minister-to-announce-largest-ever-sanctions-package-targeting-shadow-fleet-as-uk-ramps-up-pressure-on-russia\" style=\"\" rel=\"noopener\">statement<\/a> on Friday. The final number and names of the tankers have not been disclosed. The move is set to ramp up the number of vessels targeted by the country by 75% as Britain seeks to punish Moscow for its war on Ukraine, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-08\/uk-to-sanction-up-to-100-oil-tankers-in-russia-s-shadow-fleet?srnd=phx-politics\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported on Friday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In context: <\/strong>The tankers are alleged to have carried more than GBP 18 bn (USD 24 bn) worth of oil and gas cargo since the start of 2024. However, it is not clear whether the move would undermine the Russian oil trade given how previously sanctioned vessels are continuing to move the crude. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Joining the herd:<\/strong> The European Union is considering blacklisting Litasco Middle East DMCC \u2014 the Dubai-based trading arm of Russian oil giant Lukoil \u2014 for allegedly helping facilitate <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/536b2942-3298-46e8-9cbd-5bf75fa38b7e\" style=\"\" rel=\"noopener\">Moscow\u2019s shadow fleet operations<\/a>. The EU <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/207731a1-1d20-46a9-bb2d-b74348051c8f\" style=\"\" rel=\"noopener\">enacted its 15th package of sanctions<\/a> against Russia back in December, targeting 84 individuals and entities including seven Chinese entities. <\/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\/russia\/\">Russia<\/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\/uk\/\">UK<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"86277\" 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\/05\/13\/86277\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-86277\" class=\"content-area-description single-story post-86277 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>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:\/\/efmf.me\/\" style=\"\">Egypt Facility Management Forum<\/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>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>15-18 May (Thursday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/conference.glafamily.com\" style=\"\">Global Logistics Conference<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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>20-22 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/mediterranean-ports-and-logistics-2025\/\" style=\"\">Mediterranean Ports and Logistics 2025<\/a><\/span><span style=\"font-weight:400;\">, Barcelona, Spain.<\/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>28-30 (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/logistiqua2025.sciencesconf.org\/?lang=en\" style=\"\">International Conference on Logistics and Supply Chain Management<\/a><\/span><span style=\"font-weight:400;\">, Casablanca, Morocco.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span 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>18-19 June (Wednesday-Thursday)<\/span><span>: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/eurasiarail.eu\/Home?gad_source=1&gad_campaignid=20152951162&gbraid=0AAAAApUGQpQko06Kzie5nEPLsNfo2aIYM&gclid=CjwKCAjwuIbBBhBvEiwAsNypvaf_VxQfzw2H6fZcm9o9WVD8tj_VcV1JSgR0Pif3tT40zcNr6UBGyBoCETkQAvD_BwE\" style=\"\">Eurasia Rail<\/a><\/span><span style=\"font-weight:400;\">, Istanbul, Turkey. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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>22-24 July (Tuesday-Thursday)<\/span><span>: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/intermodal-africa-2025-mozambique\/\" style=\"\">Intermodal Africa<\/a><\/span><span style=\"font-weight:400;\">, Beira, Mozambique. <\/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>1-3 September (Monday-Wednesd<\/span><span>ay): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/transport-middle-east-2025\/\" style=\"\">Transport Middle East 2025<\/a><\/span><span style=\"font-weight:400;\">, Salalah, Oman. <\/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>4-10 September (Thursday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/2025.iatf.africa\/newfront\" style=\"\">Intra-African Trade Fair<\/a><\/span><span style=\"font-weight:400;\">, Algiers, Algeria.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>7-10 September (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/x.com\/comexglobalex?lang=en\" style=\"\">Comex Global Technology Show<\/a><\/span><span style=\"font-weight:400;\">, Muscat, Oman. <\/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>30 September - 2 October (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/grtiec.com\/\" style=\"\">Global Rail Transport Infrastructure 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 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>28-30 October (Tuesday-Thursday):<\/span> <span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/borneo-international-maritime-week-2025\/\" style=\"\">Borneo International Maritime Week<\/a><\/span><span style=\"font-weight:400;\">, Sarawak, Malaysia. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span 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>27-29 January (Tuesday-Thursday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/uae26\/\" style=\"\">Transport Middle East 2026<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<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>28-30 April (Tuesday-Thursday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/portugal26\/\" style=\"\">Mediterranean Ports and Logistics<\/a><\/span><span style=\"font-weight:400;\">, Porto, Portugal.<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>24-26 June (Wednesday-Friday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/aircargoweek.com\/events\/transport-logistic-air-cargo-china-2026\/\" style=\"\">Transport Logistic & Air Cargo 2026<\/a><\/span><span style=\"font-weight:400;\">, Shanghai, China.<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>7-9 July (Tuesday-Thursday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/asean-2026\/\" style=\"\">Asean Ports and Logistics<\/a><\/span><span style=\"font-weight:400;\">, Kuala Lumpur, Malaysia.<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>17-19 November (Tuesday-Thursday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/intermodal-africa-2026-angola\/\" style=\"\">Intermodal Africa 2026<\/a><\/span><span style=\"font-weight:400;\">, Luanda, Angola.<\/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>High demand on Flynas IPO | DP World\u2019s investment push in Dominican Republic | Fertiglobe eyes Australian 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