{"id":87061,"date":"2025-06-23T00:00:00","date_gmt":"2025-06-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=87061"},"modified":"2025-12-15T16:56:15","modified_gmt":"2025-12-15T16:56:15","slug":"world-oil-flows-at-risk-as-iran-mulls-closure-of-hormuz-strait","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/world-oil-flows-at-risk-as-iran-mulls-closure-of-hormuz-strait\/","title":{"rendered":"World oil flows at risk as Iran mulls closure of Hormuz Strait"},"content":{"rendered":"<section id=\"87063\" 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=\"87063\">\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\/06\/23\/today-hormuz-strait-closure-looms-roads-and-debt-updates-from-oman\/\">\r\n                            TODAY: Hormuz Strait closure looms + Roads and debt updates from 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 class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/today-hormuz-strait-closure-looms-roads-and-debt-updates-from-oman\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The possibility of a Hormuz Strait closure, and its impact on oil flows, leads the pack today, followed by projects and debt updates from Oman. Let\u2019s get the ball rolling. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG LOGISTICS STORY- <\/strong><strong>The world is bracing for the fallout of the Iran-US confrontation: <\/strong>All eyes are on Iran\u2019s next move as the country mulls its next move. Whether Iran chooses to shut down the Strait of Hormuz or target US assets and personnel already, the speculations sent diplomatic efforts and energy markets into a spin \u2014 although not by as much as some had feared.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>So far, Iran\u2019s response has been limited to exchanging missiles with Israel, <\/strong>with reports suggesting that the Iranian Supreme Leader Ayatollah Ali Khamenei has decided not to retaliate against the US directly and \u201crisk a harsher response that wreaks more destruction on the republic,\u201d Iranian government insiders told the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/cc87ad2b-0f02-4ffb-b051-edfd973268bd\" style=\"\" rel=\"noopener\">Financial Times<\/a> <strong>.<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But if Iran does decide to close the Strait of Hormuz, crude oil prices could soar past <\/strong><strong>USD <\/strong><strong>130 per barrel<\/strong>, with the cutting off about 30% of the world\u2019s daily oil supply and 20% of global LNG trade violently ramping up energy costs across the globe, according to <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-22\/us-strikes-on-iran-come-at-fragile-moment-for-the-global-economy\" style=\"\" rel=\"noopener\">Bloomberg<\/a> analysts. In response to Iranian state TV reports that the country\u2019s parliament had voted to approve the closing of the energy corridor, US Secretary of State Marco Rubio urged Beijing to pressure Iran to keep the passage open. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The story is all over the int\u2019l press: <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israel-under-missile-attack-iran-says-all-options-open-after-us-strikes-2025-06-22\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/cc87ad2b-0f02-4ffb-b051-edfd973268bd\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/middle-east\/iran-tries-to-buy-time-to-weigh-its-response-to-u-s-strikes-2c3d97be?mod=WSJ_home_mediumtopper_pos_2\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-22\/us-strikes-on-iran-come-at-fragile-moment-for-the-global-economy\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/06\/22\/world\/middleeast\/iran-had-vowed-to-retaliate-now-it-faces-hard-choices.html\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/jun\/22\/global-alarm-at-us-strikes-on-iran-amid-fears-conflict-could-spiral-out-of-control\" style=\"\" rel=\"noopener\">Guardian<\/a> <\/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\">HAPPENING THIS WEEK-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.terrapinn.com\/exhibition\/mobility-live-me\/index.stm\" style=\"\" rel=\"noopener\">Mobility Live Middle East<\/a><\/strong><strong> returns to Dubai on Tuesday and Wednesday <\/strong>at the Dubai World Trade Center, spotlighting future transport. The trade event will bring together regional mobility leaders for keynotes, panel sessions, and an expo featuring autonomous tech, smart cities, and public transport.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.terrapinn.com\/exhibition\/middle-east-rail\/index.stm\" style=\"\" rel=\"noopener\">Middle East Rail<\/a><\/strong><strong> will run in parallel on Tuesday and Wednesday <\/strong>at Dubai World Trade Center, bringing together transport ministries, rail operators, and tech firms for discussions and exhibitions on high-speed networks, digitalisation, and transit infrastructure. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/www.gtcf-istanbul.org\/about\" style=\"\" rel=\"noopener\">Global Transport Connectivity Forum<\/a><\/strong><strong> will kick off in Istanbul, <\/strong><strong>Turkey<\/strong><strong>, on Friday, 27 June <\/strong><strong>and run to Sunday, 29 June<\/strong>. The forum will address climate change, transport connectivity, and global transport corridors. It will host ministers, industry leaders, and executives of financial institutions and organizations. <\/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>#1- <\/strong><strong>Yemen\u2019s <\/strong><strong>Houthis are poised to resume attacks on US ships in the Red Sea<\/strong>, after the group threatened to attack US ships if the latter strikes Iran, a Houthi spokesperson <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/houthis-threaten-us-ships-if-washington-joins-strikes-iran-2025-06-21\/\" style=\"\" rel=\"noopener\">said<\/a> on Saturday before the US strike on Iran\u2019s nuclear facilities. If the Houthis follow through, this will put an end to a ceasefire agreement announced back <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/536b2942-3298-46e8-9cbd-5bf75fa38b7e\/today:-saudi%25e2%2580%2599s-hydrogen-trucks-ventures-%2B-dae-onboards-nordic-aviation-capital\" style=\"\" rel=\"noopener\">in May<\/a> that saw the US suspend its airstrikes on Houthi-controlled areas in Yemen in exchange for the Yemeni group\u2019s vow to stop attacking US shipping vessels in the region.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER RELATED MARITIME UPDATES- <\/strong><strong>Arabian<\/strong> <strong>Gulf maritime ins. costs see uptick:<\/strong> Ins. costs of ships transiting the Arabian Gulf have risen from an average of 0.125% to 0.2% of the value of the vessel per voyage, global head of marine and cargo ins. at Marsh McClellan Marcus Fisher told BBC last week (<a target=\"_blank\" href=\"https:\/\/www.bbc.com\/audio\/play\/p0lk34v4\" style=\"\" rel=\"noopener\">listen, runtime 26:28<\/a>). This uptick coincides with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a0c6e7e0-5790-4e85-b3df-2a4fd81cc9bd\/escalating-israel-iran-conflict-rattles-regional-shipping,-and-energy-sector\" style=\"\" rel=\"noopener\">Israel-Iran flare ups<\/a> in the region, including around the Strait of Hormuz, which is responsible for the passage of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/11141a52-d165-49f3-bacd-324f27d06052\/today:-disruption-at-sea-and-the-paris-airshow-both-roll-on\" style=\"\" rel=\"noopener\">around a fifth of global oil consumption<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong> <strong>Israel once again put a halt to Egypt-bound natural gas exports yesterday morning<\/strong>, coinciding with the US\u2019 strikes on Iranian nuclear sites only a few hours before, <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/power\/87254\/%D8%A5%D8%B3%D8%B1%D8%A7%D8%A6%D9%8A%D9%84-%D8%AA%D9%88%D9%82%D9%81-%D8%B6%D8%AE-%D8%A7%D9%84%D8%BA%D8%A7%D8%B2-%D8%A5%D9%84%D9%89-%D9%85%D8%B5%D8%B1-%D9%88%D8%B3%D8%B7-%D8%AA%D9%81%D8%A7%D9%82%D9%85-%D8%A7%D9%84%D8%AD%D8%B1%D8%A8-%D9%85%D8%B9-%D8%A5%D9%8A%D8%B1%D8%A7%D9%86\/?utm_source=facebook&utm_medium=social&utm_campaign=asharq_business_egy_fb\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reports, citing an unnamed government source.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Israel <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9d00b346-8cdf-4024-839b-03967ef22a8c\/trumps-says-three-targeted-iranian-nuclear-sites-totally-obliterated\" style=\"\" rel=\"noopener\">had only just resumed gas exports on Thursday<\/a><\/strong><strong> after a six-day pause<\/strong>, although most of this made its way to Jordan, with Egypt receiving only \u201ctiny volumes,\u201d an Israeli Energy Ministry source told Reuters last week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The initial halt in flows followed Tel Aviv\u2019s decision to start bombing Iran earlier in the <\/strong><strong>month<\/strong>, which led to the shuttering of its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2a45a163-6e02-4bf2-804e-53757a550de7\/\" style=\"\" rel=\"noopener\">Leviathan field<\/a> as well as the Karish field, taking away 800 mcf\/d from our national gas grid. Reduced gas flows from Israel not only mean an increased reliance on significantly more expensive LNG or <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a8e4e986-036a-4b88-94c3-8252e2240c5d\/\" style=\"\" rel=\"noopener\">mazut<\/a> imports, but also put a significant strain on Egypt's efforts to keep the lights on ahead of high-demand summer months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, Egypt is working quickly to secure backup infrastructure and is set to receive a fourth LNG regasification vessel in August <\/strong>\u2014 which we understand will be the vessel <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f58dafba-e852-4f3c-83a0-61ca0a5d917f\" style=\"\" rel=\"noopener\">booked from Turkish state-owned energy firm BOTAS<\/a> \u2014 to help stabilize and diversify energy supplies amid current global challenges, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0Nu9j24t8AN98EHf2bX62EGmK7ALcuDnmsF9AiaZSQvXKKrBqdT5fsMPkmkb2ey28l\" style=\"\" rel=\"noopener\">cabinet statement<\/a>. The awaited unit will be deployed in Damietta, Oil Minister Karim Badawi said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Qatar sweats over Iran-Israel war risks:<\/strong> Qatar held urgent talks with energy majors after an Israeli airstrike on Iran\u2019s portion of the giant gas field it shares with Doha raised fears of regional escalations threatening its gas infrastructure, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/qatar-met-with-energy-majors-discuss-risks-israel-iran-war-sources-say-2025-06-20\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported on Friday, citing an industry source and a diplomat. The strike landed roughly 200 km from QatarEnergy\u2019s offshore platforms at the North Field \u2014 the centerpiece of a massive expansion project that will ramp up Qatar\u2019s LNG output by 82%. The project includes stakes from ExxonMobil, ConocoPhillips, Shell, Eni, and TotalEnergies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>QatarEnergy has instructed tankers to stay out of the Strait of Hormuz until just before loading<\/strong>, amid fears that Iran could retaliate by disrupting traffic through the strategic chokepoint, sources told Reuters. A closure of Hormuz would choke off nearly all Qatari LNG exports, with East Asia and Europe likely to face the brunt of the supply shortfall. Asian buyers in particular are already responding to the threat, pushing spot LNG prices up 11% week-on-week to USD 14 per mmBtu on Friday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>While energy exports remain uninterrupted for now<\/strong>, the Qatari government has warned that any further Israeli action near Iran\u2019s gas field could force a shutdown of offshore operations due to safety concerns for workers. Qatar also flagged the risk of radioactive contamination if Israel strikes Iran\u2019s nuclear facility at Bushehr, which could render offshore platforms inaccessible. Most of Qatar\u2019s LNG infrastructure is offshore and would be affected by any fallout reaching Gulf waters.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Airlines are increasingly flying through Afghanistan to avoid airspaces affected by the <\/strong><strong>Israel-Iran conflict<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-21\/airlines-locked-out-of-iran-air-space-move-to-afghanistan-route?srnd=phx-industries-transportation\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported last week. Carriers seeking to connect Asia with Europe and the US have caused a 500% surge in flights through the country\u2019s airspace, averaging 280 flights per day since Israel\u2019s strikes on 13 June. This is a significant increase from the roughly 50 flights per day that passed through the Afghan airspace in May, with the flight uptick triggering unexpected revenues for the Taliban, which charges USD 700 per flight \u2014 roughly USD 1 mn per week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Airspace closures push airlines towards more expensive routes: <\/strong>Airlines are continuing to avoid airspaces above Iran, Iraq, Syria, and Israel, opting for longer and more costly routes over the Caspian Sea, Egypt, and Saudi Arabia, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/airlines-keep-avoiding-middle-east-airspace-after-us-attack-iran-2025-06-22\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing data from flight tracking website FlightRadar24. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a><\/strong><strong>#5- GulfNav readies convertible bond raise to fund Brooge acquisition: <\/strong>DFM-listed Gulf Navigation (GulfNav) is gearing up to raise AED 500 mn via mandatory convertible bonds as it pushes ahead with its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ba555746-bee3-4bcc-8a15-179569d82654\/%253cmark%253egulfnav%253c%2Fmark%253e-is-the-new-owner-of-nasdaq-listed-brooge-energy\" style=\"\" rel=\"noopener\">AED 3.2 bn<\/a> acquisition of Nasdaq-listed Brooge Energy\u2019s oil storage businesses, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/1122.pdf\" style=\"\" rel=\"noopener\">shareholders\u2019 circular (pdf)<\/a> filed to the Dubai bourse last week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>Some 454.5 mn convertible bonds will be offered exclusively to GulfNav\u2019s minority shareholders at AED 1.10 apiece from Monday, 30 June to Tuesday, 15 July. Majority shareholders will only have two days (14 and 15 July) to subscribe to the rump offering, if any. Final allocations will take place on Tuesday, 22 July, with the debt due to convert into equity at a 1:1 ratio on or before Wednesday, 29 October, carrying a one-year lockup.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Priming the cap table for a Brooge majority: <\/strong>The move hikes GulfNav\u2019s capital base in preparation for the dilution that will come when Brooge is folded in. The transaction is part of a broader cash-and-shares swap that will eventually give Brooge shareholders a 63% stake in GulfNav. Net proceeds from the sale (92%) will go toward financing the cash-portion of the transaction, with the remainder earmarked for general corporate purposes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS-<\/strong> Gulf Navigation appointed Trussbridge Advisory (DIFC) as its exclusive financial advisor, and Pinsent Masons as its lead counsel. Ibrahim & Partners Law Firm provided legal advice on the transaction structuring and related regulatory aspects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a>#6- <\/strong><strong>Turkish <\/strong><strong>Airlines mulls minority stake in Air Europa: <\/strong>Turkish Airlines is looking to purchase a minority stake in Spanish carrier Air Europa, with binding bids from suitors expected by early July, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/turkish-airlines-explores-air-europa-stake-bid-deadline-looms-2025-06-20\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last week, citing two unnamed sources. Prospective bidders are reportedly aiming for a 20% stake, which could open the door for a future takeover, the sources added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rationale: <\/strong>The privately held airline is reportedly looking to raise funds via a stake sale to repay a loan granted by the Spanish government during the Covid-19 pandemic, the two unnamed sources told Reuters.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Prospective bidders: <\/strong>Among interested bidders were Air France-KLM and Lufthansa, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/air-france-klm-offers-300-mln-euros-51-air-europa-el-confidencial-reports-2025-03-11\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported back in March, citing news outlet <a target=\"_blank\" href=\"https:\/\/www.elconfidencial.com\/empresas\/2025-03-11\/air-france-dinero-efectivo-hidalgo-air-europa_4082921\/\" style=\"\" rel=\"noopener\">El Confidencial<\/a>. British Airways\u2019 owner IAG \u2014 which currently holds a 20% stake in the airline \u2014 was also mulling a takeover bid but ditched the plans last year over regulatory concerns. IAG also owns Spain\u2019s Iberia airline. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong><strong>European airlines need to consolidate to survive, CEOs say: <\/strong>Chief executives of EU-based airlines have been pushing for the EU to approve more mergers to allow for industry-wide consolidation efforts in the continent, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/european-airline-ceos-say-industry-consolidation-vital-2024-03-20\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported last year. The push comes as more players make the case that major mergers involving struggling, small-scale airlines would bolster the continent\u2019s competitiveness against state-backed giants in the Middle East and US firms. \"If we don't allow consolidation in Europe, we will destroy airlines in Europe,\" International Airlines Group CEO Luis Gallego was quoted as saying.<\/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\">DISRUPTION WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>Major <\/strong><strong>shipping players halted their operations in <\/strong><strong>Israel\u2019s Haifa port on the Mediterranean Sea following US strikes on Iranian nuclear facilities. <\/strong>Hapag-Lloyd has temporarily reduced some of its services to Israel\u2019s Haifa port, halting its East Med Shuttle 3 heading to the port, according to a <a target=\"_blank\" href=\"https:\/\/www.hapag-lloyd.com\/en\/services-information\/news\/2025\/06\/temporary-reduction-of-services-to-haifa-israel.html\" style=\"\" rel=\"noopener\">statement<\/a> published on Friday. Meanwhile, the firm\u2019s Atlantic Loop 7 service will continue to operate. Maersk also temporarily suspended all vessel calls and all cargo reception from Haifa port, according to a <a target=\"_blank\" href=\"https:\/\/www.maersk.com\/news\/articles\/2025\/06\/20\/israel-operations-update\" style=\"\" rel=\"noopener\">statement<\/a> from Friday. Both firms cited rising regional tensions and crew safety as reasons for halting their services. No timeline was given for when the suspensions will end. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>The US has officially joined the Israel-Iran conflict, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/edition\/am\/45475988-9787-4abd-8e3c-47988024c773\/us-strikes-iran%25e2%2580%2599s-nuclear-facilities,-sparking-regional-escalation-fears\" style=\"\" rel=\"noopener\">striking three Iranian nuclear sites<\/a> on Sunday morning, with US President Donald Trump saying the \u201csuccessful\u201d attacks have \"completely and totally obliterated\" the targeted facilities. Israel and Iran have been <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a0c6e7e0-5790-4e85-b3df-2a4fd81cc9bd\/regional-shipping,-energy-sector-reel-following-israel%25e2%2580%2599s-attacks-on%253cmark%253e-iran%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">exchanging<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a0c6e7e0-5790-4e85-b3df-2a4fd81cc9bd\/regional-shipping,-energy-sector-reel-following-israel%25e2%2580%2599s-attacks-on%253cmark%253e-iran%253c%2Fmark%253e\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a0c6e7e0-5790-4e85-b3df-2a4fd81cc9bd\/regional-shipping,-energy-sector-reel-following-israel%25e2%2580%2599s-attacks-on%253cmark%253e-iran%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">missiles<\/a> and airstrikes since <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7690ed7c-5751-44cd-beef-7830af20ec40\/what-could-the-escalations-between-israel-and-iran-mean-for-egypt%3F\" style=\"\" rel=\"noopener\">last week<\/a> and show little signs of looking for an offramp.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- FedEx<\/strong> <strong>pauses Iraq, Israel shipments:<\/strong> Logistics giant FedEx has temporarily suspended all flights to and from Iraq and Israel until further notice, according to a <a target=\"_blank\" href=\"https:\/\/www.fedex.com\/en-eg\/service-news.html#israel-and-iraq\" style=\"\" rel=\"noopener\">statement<\/a>. The pause comes as the region\u2019s logistics network faces major disruptions caused by the exchange of missiles and air strikes between Iran and Israel. <\/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 surged this morning amid increasing concerns over supply disruptions <\/strong><strong>after the US joined Israel in striking Iran, <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-falls-investors-weigh-chance-us-intervention-iran-israel-conflict-2025-06-19\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures rose USD 1.52 to USD 78.53 a barrel by 05.03 GMT, while US West Texas Intermediate (WTI) futures saw an uptick of USD 1.51 to trade at USD 75.35 a barrel. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Baltic index dips once again: <\/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\">fell 3.5% to 1,689 points on Friday<\/a>. The capesize was down 6.5% to 2,879 points, while the panamax index slipped 0.2% to 1,350 points. The small supramax index inched up 10 points to settle at 973. <\/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\">PSAs-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shipping <\/strong><strong>giant Hapag-Lloyd will introduce a peak season surcharge (PSS) for shipments <\/strong><strong>from the UAE to Mombasa, Kenya, and to Dar Es Salaam, Tanzania<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.hapag-lloyd.com\/en\/services-information\/news\/2025\/06\/here-s-a-pss-from-asia-to-mombasa-and-dar-es-salaam.html\" style=\"\" rel=\"noopener\">statement<\/a> published on Friday. The PSS for shipments from the UAE to Mombasa will be USD 125 for 20ft containers and USD 350 for 40ft containers. For shipments to Dar Es Salaam, the PSS will be USD 225 for 20ft containers and USD 550 for 40ft containers. The PSS will be valid starting 1 July 2025 until further notice. <\/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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar<\/strong> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/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\/gulfnav\/\">Gulfnav<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/lng\/\">LNG<\/a>\n                <!-- <span 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class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"87066\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Shipping + Maritime<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/regional-oil-flows-at-risk-as-iran-mulls-closure-of-hormuz\/\">\r\n                            Iran\u2019s closure of Hormuz to jeopardize global, regional oil flow                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img 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\r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/regional-oil-flows-at-risk-as-iran-mulls-closure-of-hormuz\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/889.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"87067\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/regional-oil-flows-at-risk-as-iran-mulls-closure-of-hormuz\/889-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/889.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"889.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/889.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/889.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87066\" class=\"content-area-description single-story post-87066 post type-post status-publish format-standard has-post-thumbnail hentry category-shipping-maritime tag-bahrain tag-iran tag-iraq tag-kuwait tag-lng tag-qatar tag-saudi-arabia tag-shipping-maritime tag-trade tag-uae wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.b5fabdc0-0442-44e3-901c-5f8b3781e20b.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Regional oil flows under threat:<\/strong> A forced shutdown of the Hormuz Strait is emerging as a possibility as Iran mulls its next moves after the US struck its nuclear facilities on Sunday morning, raising fears of widespread crude trade and shipping disruptions in the region. A closure of the strait \u2014 through which about <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/908.pdf\" style=\"\" rel=\"noopener\">30% of the world\u2019s crude flows<\/a> \u2014 could lead to widespread disruptions to the flow of regional energy exports, possibly bringing crude prices to over USD 100 per barrel, Mees reported.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A chokepoint: <\/strong>The strait is an example of a trade chokepoint, a narrow passage on a vital global sea route, and is essential for energy security, according to the <a target=\"_blank\" href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65504\" style=\"\" rel=\"noopener\">US Energy Information Administration<\/a>. Even temporary disruptions can cause significant oil supply delays, higher shipping costs, and a potential rise in global energy prices. The waterway sees 20 mn barrels of crude oil pass through per day, accounting for up to 30% of world oil trade, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/908.pdf\" style=\"\" rel=\"noopener\">factsheet (pdf)<\/a> by the International Energy Agency (IEA). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How serious is Iran? <\/strong>The possibility of a Hormuz closure is now at an all-time high after the US struck Iran. While <a target=\"_blank\" href=\"https:\/\/www.mees.com\/2025\/6\/20\/geopolitical-risk\/israel-iran-conflict-puts-spotlight-on-hormuz-bypass-pipelines\/76e3e340-4dca-11f0-8130-076392592cee\" style=\"\" rel=\"noopener\">several analysts<\/a> prior to the attack had estimated that the risk was low, Iran\u2019s parliament has reportedly voted to shut down the strait. The country\u2019s national security council is now expected to make a final decision on whether to go ahead with the move, <a target=\"_blank\" href=\"https:\/\/english.alarabiya.net\/amp\/News\/middle-east\/2025\/06\/22\/iranian-parliament-reportedly-approves-closing-hormuz-strait-media-\" style=\"\" rel=\"noopener\">Al Arabiya<\/a> reports. \u201cIran reserves all options to defend its sovereignty, interest, and people,\u201d Iranian Foreign Minister Abbas Araghchi said in a post on <a target=\"_blank\" href=\"https:\/\/x.com\/araghchi\/status\/1936638107169722536\" style=\"\" rel=\"noopener\">X<\/a> yesterday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Strait closure will \u201cparalyze\u201d <\/strong><strong>Gulf<\/strong><strong>, <\/strong><strong>expert<\/strong> <strong>warns<\/strong><strong>: <\/strong>Any measure to restrict movement in the Strait of Hormuz will \u201cparalyze the [Arabian] gulf and impact the entire world,\u201d Iraqi economist Hilal al-Taan told <a target=\"_blank\" href=\"https:\/\/shafaq.com\/en\/Economy\/Iraqi-expert-warns-Hormuz-closure-would-paralyze-Gulf\" style=\"\" rel=\"noopener\">Shafaq News<\/a>. Notable ports like UAE\u2019s Jebel Ali, along with oil-reliant nations Iraq, Bahrain, and Kuwait, will incur catastrophic financial losses, al-Taan said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi can reroute flow:<\/strong> Saudi Arabia \u2014 which accounts for 38% of the crude trade flowing through Hormuz as of 2024 \u2014 possesses substantial bypass pipeline infrastructure that could alleviate the impact of a Hormuz closure, though these alternatives come with notable constraints. One key bypass is the 1.2k km East-West pipeline that stretches from Abqaiq near the Gulf to a Red Sea terminal at Yanbu, <a target=\"_blank\" href=\"https:\/\/www.mees.com\/2025\/6\/20\/geopolitical-risk\/israel-iran-conflict-puts-spotlight-on-hormuz-bypass-pipelines\/76e3e340-4dca-11f0-8130-076392592cee\" style=\"\" rel=\"noopener\">Mees<\/a> reported. The <a target=\"_blank\" href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65504#:~:text=Based%20on%20tanker%20tracking%20data,5.5%20million%20b%2Fd).\" style=\"\" rel=\"noopener\">pipeline<\/a> itself has a 5 mn bpd capacity, with the option to expand at short notice to 7 mn bpd.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But there\u2019s a catch or two: <\/strong>Pivoting to the Red Sea as an export base, however, carries several challenges. The pipeline is used to shuttle some 1.48 mn bpd necessary to power Yanbu and Rabigh refineries in the west, taking away from its capacity to carry crude oil for exports, Mees reported. Limited tankage capacity at Yanbu and Yanbu South facilities in comparison to Aramco\u2019s main export terminals on the Gulf Coast adds to the limitations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE also has alternatives:<\/strong> The UAE can also export approximately 1.5 mn barrels per day of crude oil via a pipeline that runs from its oil fields to the port of Fujairah on the Gulf of Oman, allowing it to bypass the Strait of Hormuz, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-13\/what-is-the-strait-of-hormuz-and-could-iran-block-it\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reported. The country\u2019s Adcop pipeline connects Adnoc's Habshan crude oil processing plants to the Fujairah export terminal in the Indian Ocean, a location that hedges against Hormuz chokepoints, Mees reported. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Iraq could be in a bind: <\/strong>Technically, Baghdad can export volumes through Turkey via the 1mn b\/d crude oil pipeline from Kirkuk to Ceyhan, but this has been closed since March 2023 amid a dispute with the Kurdistan Regional Government, Mees reported. Even if the pipeline resumes operations, it is not connected to Federal Iraq\u2019s primary production base in Basra and can only handle more modest volumes of around 500,000 b\/d from Kurdistan and Kirkuk.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And rerouting isn\u2019t an option for some: <\/strong>The Strait of Hormuz remains Kuwait, Qatar, and Bahrain\u2019s sole avenue for shipping. All of Qatar\u2019s LNG exports go through the strait, with no alternative means of conveying the fuel, according to the IEA. Along with the UAE, Qatar\u2019s exports make up 20% of the world\u2019s LNG consumption.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iran\/\">Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/kuwait\/\">Kuwait<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> 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status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"87069\" 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=\"87069\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Debt Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/oman-secures-second-tranche-for-diba-lima-khasab-road-project\/\">\r\n                            Oman secures second tranche for Diba-Lima-Khasab road project                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/oman-secures-second-tranche-for-diba-lima-khasab-road-project\/\" target=\"_blank\">\n                    Open in new tab            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         <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Oman secures second tranche for Diba-Lima-Khasab road project&url=https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/oman-secures-second-tranche-for-diba-lima-khasab-road-project\/\">\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\/06\/23\/oman-secures-second-tranche-for-diba-lima-khasab-road-project\/&title=Oman secures second tranche for Diba-Lima-Khasab road project\">\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+secures+second+tranche+for+Diba-Lima-Khasab+road+project+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F06%2F23%2Foman-secures-second-tranche-for-diba-lima-khasab-road-project%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/oman-secures-second-tranche-for-diba-lima-khasab-road-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1281.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"87070\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/oman-secures-second-tranche-for-diba-lima-khasab-road-project\/1281-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1281.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1281.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1281.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1281.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87069\" class=\"content-area-description single-story post-87069 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt-watch tag-oman tag-projects tag-roads 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\/6\/.b5fabdc0-0442-44e3-901c-5f8b3781e20b.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Oman <\/strong><strong>has inked a USD 212 mn loan agreement with the Opec Fund to develop the <\/strong><strong>Diba-Lima-Khasab road project<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/opecfund.org\/media-center\/press-releases\/2025\/opec-fund-development-forum-2025-concludes-with-new-commitments-to-accelerate-global-development-impact\" style=\"\" rel=\"noopener\">statement<\/a>. The funds were approved during the Opec Fund Development Forum 2025, during which the Fund inked nearly USD 1 bn worth of project financing agreements in African and Asian countries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The financing is the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/construction\/opec-fund-provides-212mln-loan-to-oman-for-khasab-daba-lima-road-project-fzch2351\" style=\"\" rel=\"noopener\">second tranche<\/a><\/strong><strong> of a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/5334eec8-99b2-41a1-9dd5-1c8993908e53\/opec-fund-extends-usd-392-mn-loan-for-oman%25e2%2580%2599s-diba-lima-khasab-road-project\" style=\"\" rel=\"noopener\">USD 392 mn loan agreement<\/a><\/strong><strong> signed between the parties last year<\/strong>, which was divided into two tranches of USD 180 mn and USD 212 mn. This came one year after Oman\u2019s Transport, Communications, and Information Technology Ministry <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8cbf6cdf-9b99-432d-b76b-9dced9070b83\" style=\"\" rel=\"noopener\">inked an agreement<\/a> for the design and implementation of the project \u2014 also known as the Sultan Faisal bin Turki Road. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What do we know?<\/strong> The project includes 11 bridges and 350 container points along the road, which will have 14-meter lanes going in each direction. Construction was 15% finished by July 2024, with completion initially expected by September of the same year. Ground preparations for the Dibba-Lima road were said to be done, with 60 km of the 72-km road works paved. Some 12 km of the 22-km road linking Lima to Khasab \u2014 considered the most difficult part \u2014 has also been completed.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/debt-watch\/\">DEBT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/oman\/\">Oman<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/projects\/\">PROJECTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/roads\/\">roads<\/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=\"87071\" 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=\"87071\">\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\">Projects<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/oman-awards-omr-101-mn-worth-of-contracts-for-project-upgrades\/\">\r\n                            Oman awards OMR 101 mn worth of contracts for project upgrades                        <\/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\/06\/23\/oman-awards-omr-101-mn-worth-of-contracts-for-project-upgrades\/\" 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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Some contracts serve to upgrade logistics sectors, including roads and airports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The contracts include: <\/strong><\/p>\n<ul>\n<li> <strong>OMR 12.4 mn<\/strong> road-paving project for Seih Jreen, Al Aqeedah, and Al Bateen roads, located in the country\u2019s Wilayat Al Qabil in North A\u2019shharqiyah governorate; <\/li>\n<li><strong>OMR 8.2 mn<\/strong> asphalt road construction project in Wilayat of Dhank, A\u2019Dhahirah governorate;<\/li>\n<li><strong>OMR 5 mn <\/strong>dual-carriageway project in Wilayat of Diba, Musandam governorate;<\/li>\n<li><strong>OMR 301.4k <\/strong>consultation service for the first phase of the Bidbid-Sur dual-carriageway project; <\/li>\n<li><strong>OMR 221k<\/strong> consultation service for the Shinas-Mahdah dual-carriageway project in North Al Batinah and Al Buraimi governorates. <\/li>\n<\/ul>\n<ul>\n<li><strong>OMR 5 mn<\/strong> restoration project for the southern runways and taxiways at Muscat International Airport and OMR 207k (USD 538k) worth of additional consultancy services for runway renovation;<\/li>\n<li><strong>OMR 126k<\/strong> light maintenance work for fishing ports across several governorates.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Doubling down on road projects:<\/strong> Oman\u2019s Transport, Communications, and Information Technology Ministry has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/2119171e-5df8-41ab-8d76-8fe770831dca\/roads,-ports,-and-maritime-updates-from%253cmark%253e-oman%253c%2Fmark%253e,-bahrain,-and-egypt\" style=\"\" rel=\"noopener\">broken ground on the 857-km OMR 258 mn<\/a> Sultan Said bin Taimour Road dualization project last week. The third, fourth, and fifth sections are currently under construction. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/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\/projects\/\">PROJECTS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/roads\/\">roads<\/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=\"87073 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=\"87073\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/87073\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87073\" class=\"content-area-description single-story post-87073 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/transmar.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"87074\" 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=\"87074\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/update-on-aviation-debt-customs-e-commerce-and-shipping-from-bahrain-ksa-and-egypt\/\">\r\n                            Update on aviation, debt customs, e-commerce and shipping from Bahrain, KSA and Egypt                        <\/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\/06\/23\/update-on-aviation-debt-customs-e-commerce-and-shipping-from-bahrain-ksa-and-egypt\/\" 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\/06\/23\/update-on-aviation-debt-customs-e-commerce-and-shipping-from-bahrain-ksa-and-egypt\/')\">\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\/06\/23\/update-on-aviation-debt-customs-e-commerce-and-shipping-from-bahrain-ksa-and-egypt\/\">\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=Update on aviation, debt, customs, e-commerce and shipping from Bahrain, KSA and Egypt&url=https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/update-on-aviation-debt-customs-e-commerce-and-shipping-from-bahrain-ksa-and-egypt\/\">\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\/06\/23\/update-on-aviation-debt-customs-e-commerce-and-shipping-from-bahrain-ksa-and-egypt\/&title=Update on aviation, debt, customs, e-commerce and shipping from Bahrain, KSA and Egypt\">\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=Update+on+aviation%2C+debt%2C+customs%2C+e-commerce+and+shipping+from+Bahrain%2C+KSA+and+Egypt+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F06%2F23%2Fupdate-on-aviation-debt-customs-e-commerce-and-shipping-from-bahrain-ksa-and-egypt%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\/06\/23\/update-on-aviation-debt-customs-e-commerce-and-shipping-from-bahrain-ksa-and-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/221.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"87075\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/update-on-aviation-debt-customs-e-commerce-and-shipping-from-bahrain-ksa-and-egypt\/221-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/221.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"221.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/221.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/221.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87074\" class=\"content-area-description single-story post-87074 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-aviation tag-bahrain tag-china tag-customs tag-e-commerce tag-egypt tag-red-sea-port-authority tag-russia tag-saudi-arabia 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\/6\/.b5fabdc0-0442-44e3-901c-5f8b3781e20b.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">AVIATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>Saudia <\/strong><strong>Group + Air France-KLM partner up on MRO: <\/strong>Saudia Group has inked a 13-year agreement with Air France-KLM to provide maintenance, repair, and overhaul (MRO) services to Saudia Airlines at Paris\u2019 Orly and Charles De Gaulle airports, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/pulse\/saudia-group-air-france-klm-sign-landmark-engine-agreement-turjf\" style=\"\" rel=\"noopener\">statement<\/a> published on Friday. The agreement would see Air France-KLM\u2019s engineering and maintenance arm provide services to 86 GE90 engines powering Saudia Airlines\u2019 Boeing 777 jets, according to the statement. The services will include predictive analytics for engine performance and on-wing and field MRO services aimed at optimizing performance and lowering aircraft out-of-service time. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Saudia Group was reportedly in talks with Airbus and Boeing for a wide-body jet order <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e8a98a79-4b53-45c0-b060-9cf8a424db04\/today:-agility-snaps-up-50%2525-of-groundforce-portugal\" style=\"\" rel=\"noopener\">earlier this month<\/a>. The number of wide-body jets for Saudia Airlines and Flyadeal is still being decided, with Saudia Group set on placing the order in 2025. <\/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\">DEBT WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SIDC logistics unit lined up fresh financing:<\/strong> Emtedad Logistics Services, the logistics arm of the <a target=\"_blank\" href=\"https:\/\/sidc.com.sa\/\" style=\"\" rel=\"noopener\">Saudi Industrial Development Company<\/a> (SIDC), secured a SAR 10 mn shariah-compliant credit facility from the Social Development Bank, the company said in <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=88221&anCat=1&cs=2130&locale=en\" style=\"\" rel=\"noopener\">a filing to Tadawul<\/a> on Thursday. The five-year funding is earmarked for capital expansions.<\/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\">CARGO-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SAL <\/strong><strong>taps Almajal for cargo services at Al Dammam Station<\/strong><strong>:<\/strong> SAL Saudi Logistics Services has inked an addendum to its sign-off agreement with Saudi facility service provider Almajal Service Master Company according to a Tadwal <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=88205&anCat=1&cs=4263&locale=en\" style=\"\" rel=\"noopener\">statement<\/a> released on Thursday. Under the SAR 9.6 mn contract, Almajal will provide cargo services at SAL\u2019s Al Dammam Station for a year \u2014 effective until 31 May 2026 \u2014 with an option to extend for two years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A packed pipeline:<\/strong> SAL announced plans in March to construct, develop, and operate a new logistics zone in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/730b51ef-ff58-4b48-ba42-ce49ea9efde0\/%253cmark%253esal%253c%2Fmark%253e-to-develop-sar-4-bn-logistics-zone-in-riyadh\" style=\"\" rel=\"noopener\">Riyadh\u2019s Falcon City at an investment of SAR 4 bn<\/a>. The firm is also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/79aa2d2b-41ec-412c-840a-ac46ef435a46\/%253cmark%253esal%253c%2Fmark%253e-%2B-tibah-airports-ink-agreement-to-boost-cargo-capacity-at-madinah-airport\" style=\"\" rel=\"noopener\">setting up a SAR 12 mn air cargo terminal<\/a> at Madinah\u2019s Prince Mohammad Bin Abdulaziz International Airport in collaboration with Madinah airport operator Tibah Airports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Almajal ServiceMaster Company:<\/strong> The Saudi-based company \u2014 a subsidiary of security system provider G4S \u2014 operates 21 branches across the Kingdom, reaching over 1.1k customers, according to its <a target=\"_blank\" href=\"https:\/\/www.g4s.com\/en-sa\/who-we-are\" style=\"\" rel=\"noopener\">website<\/a>. The firm specializes in airport services, handling over 24k flights and 800k tons of cargo, and provides a wide range of service and maintenance solutions, including upkeep for over 3.5k buildings and 6k ATMs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">SHIPPING + MARITIME- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Incoming <\/strong><strong>cargo yards to Safaga Port<\/strong><strong>:<\/strong> Egypt\u2019s Red Sea Port Authority has tapped Canal Shipping Agencies and Suez Mechanical Stevedoring Company to manage and operate two cargo storage yards in Safaga Port under two 10-year contracts, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/1135.pdf\" style=\"\" rel=\"noopener\">bourse<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/1135.pdf\" style=\"\" rel=\"noopener\">disclosure<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/6\/1135.pdf\" style=\"\" rel=\"noopener\">(pdf)<\/a> released on Thursday. The agreement covers the operation of a general cargo and vehicle storage yard and a 5.1 km hazardous materials yard. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Shareholder structure: <\/strong>Red Sea Ports Authority will take up 80% of total revenues, while Canal Shipping Agencies and Suez Mechanical Stevedoring will share the remaining 20%. The agreement includes a minimum of EGP 32.7 mn for management and operations, reduced from the EGP 85 mn stipulated in the original agreement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Building on past agreements:<\/strong> Canal Shipping Agencies initially signed a partnership agreement in October 2023 with Egypt\u2019s <a target=\"_blank\" href=\"https:\/\/pqscert-eg.com\/organization\/suez-mechanical-stevedoring-co\/\" style=\"\" rel=\"noopener\">Suez Mechanical Stevedoring Company<\/a> to operate the two yards for a share of the general revenue.<\/p>\n<p class=\"tag-border-left\">E-COMMERCE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>J<\/strong><strong>INGDONG <\/strong><strong>debuts services in Saudi Arabia:<\/strong> Beijing-based e-commerce firm <a target=\"_blank\" href=\"http:\/\/jd.com\" style=\"\" rel=\"noopener\">JD<\/a> \u2019s logistics arm JD Logistics (JINGDONG) has launched its self-operated B2C express delivery services \u2014 JoyExpress \u2014 in Saudi Arabia, according to a <a target=\"_blank\" href=\"https:\/\/jdcorporateblog.com\/jingdong-logistics-joyexpress-makes-debut-in-saudi-arabia-enabling-delivery-as-early-as-the-same-or-next-day\/\" style=\"\" rel=\"noopener\">statement<\/a> released last week. JD Logistics will work on establishing an undisclosed number of warehouses, delivery, transfer stations, and distribution centers to operate JoyExpress locally. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About JoyExpress:<\/strong> JoyExpress offers a wide range of services including domestic and international last-mile delivery, address changes, scheduled deliveries, temporary shipment storage, returns pickup, ins. coverage, cross-border shipping, and customs clearance. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/bahrain\/\">Bahrain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/customs\/\">customs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/e-commerce\/\">e-commerce<\/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\/red-sea-port-authority\/\">Red Sea Port Authority<\/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\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"87076 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=\"87076\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/87076\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87076\" class=\"content-area-description single-story post-87076 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/ak-ships.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/87.jpg?ssl=1\"><\/a><\/span><\/p>\n\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=\"87077\" 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=\"87077\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Around the World<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/us-malaysia-to-close-trade-negotiations-before-90-day-deadline\/\">\r\n                            US, Malaysia to close trade negotiations before 90-day deadline                        <\/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\/06\/23\/us-malaysia-to-close-trade-negotiations-before-90-day-deadline\/\" 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\/06\/23\/us-malaysia-to-close-trade-negotiations-before-90-day-deadline\/')\">\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\/06\/23\/us-malaysia-to-close-trade-negotiations-before-90-day-deadline\/\">\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=US, Malaysia to close trade negotiations before 90-day deadline&url=https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/us-malaysia-to-close-trade-negotiations-before-90-day-deadline\/\">\n           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href=\"https:\/\/api.whatsapp.com\/send?text=US%2C+Malaysia+to+close+trade+negotiations+before+90-day+deadline+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2025%2F06%2F23%2Fus-malaysia-to-close-trade-negotiations-before-90-day-deadline%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\/06\/23\/us-malaysia-to-close-trade-negotiations-before-90-day-deadline\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1286.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"87078\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2025\/06\/23\/us-malaysia-to-close-trade-negotiations-before-90-day-deadline\/1286-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1286.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1286.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1286.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/1286.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87077\" class=\"content-area-description single-story post-87077 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-trade tag-usa wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.b5fabdc0-0442-44e3-901c-5f8b3781e20b.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>US<\/strong><strong>, Malaysia <\/strong><strong>near trade agreement: <\/strong>The US and Malaysia have agreed to resolve trade negotiations before the end of a 90-day pause on tariffs, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-22\/malaysia-says-us-agrees-to-finalize-trade-talks-before-deadline?srnd=phx-economics-trade\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing Malaysia\u2019s Investment, Trade, and Industry Ministry. The US had imposed 24% tariffs on the Southeast Asian country before <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/efe31457-4dc0-4635-af64-7f52dac71c14\/today:-ksa%25e2%2580%2599s-sary-merges-with-bangladesh%25e2%2580%2599s-shopup-to-launch-new-e-commerce-firm\" style=\"\" rel=\"noopener\">enacting a 90-day pause<\/a> on most levies. Malaysia is currently striving to reduce levies to below 10% for vital sectors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In numbers:<\/strong> In 2024, US-Malaysia goods trade reached an estimated USD 80.2 bn, according to the <a target=\"_blank\" href=\"https:\/\/ustr.gov\/countries-regions\/southeast-asia-pacific\/malaysia\" style=\"\" rel=\"noopener\">US Trade Representative Office<\/a>. US exports to Malaysia significantly increased by 43.5% to USD 27.7 bn, while US imports from Malaysia grew by 13.7% to USD 52.5 bn. The most valuable goods traded between both nations are electronic equipment, machinery, nuclear reactors and boilers, as well as optical, photo, and medical equipment, according to <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/malaysia\/exports\/united-states\" style=\"\" rel=\"noopener\">TradeEconomics<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Washington\u2019s post-Liberation Day strategy: <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/50a57c96-6098-4a3a-a59e-dcdd509e1ee1\/today:-egypt%25e2%2580%2599s-west-port-said-port-has-two-new-terminals-%2B-earnings-season-rolls-on\" style=\"\" rel=\"noopener\">Last month\u2019s<\/a> US-UK trade agreement <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e0f30587-698b-4bbc-b9ce-840d0899863e\/what-the-us-uk-trade-agreement-tells-us-about-trade-negotiations-to-come\" style=\"\" rel=\"noopener\">suggested<\/a> the Trump administration was willing to compromise on its more extreme stances, supporting the idea that the Liberation Day levies were initial negotiating tactics. The agreement's non-binding nature points to an increasingly unpredictable and unstable global trade environment, suggesting a future landscape marred with frequent re-negotiations and enforceability issues.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/usa\/\">USA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"87079\" 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\/06\/23\/87079\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-87079\" class=\"content-area-description single-story post-87079 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> Calendar<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">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 style=\"font-weight:400;\">18-27 June ( Wednesday-Friday): The International Maritime Organization\u2019s Maritime Safety Committee meeting, London, UK.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-25 June (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/middle-east-rail\/index.stm\" style=\"\">Middle East Rail<\/a><\/span><span style=\"font-weight:400;\">, Dubai World Trade Center.<\/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-Thursday): <\/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 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-Wednesday): <\/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>3-4 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudi-smic.com\/\" style=\"\">Sustainable Maritime Industry Conference<\/a><\/span><span style=\"font-weight:400;\">, Jeddah, Saudi Arabia. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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>25 September (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.imo.org\/en\/About\/Events\/Pages\/World-Maritime-theme-2025.aspx\" style=\"\">World Maritime Day<\/a><\/span><span style=\"font-weight:400;\"> 2025. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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>The International Maritime Organization (IMO) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.imo.org\/en\/MediaCentre\/PressBriefings\/pages\/IMO-approves-netzero-regulations.aspx\" style=\"\">is set to formally adopt the Net-zero Framework<\/a><\/span><span style=\"font-weight:400;\"> this month, stipulating new fuel standards for ships and a global pricing mechanism for emissions.  <\/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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-8 October (Tuesday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/gemtechforum.com\/\" style=\"\">Global EV & Mobility Technology (GEMTECH) Forum<\/a><\/span><span style=\"font-weight:400;\">, Riyadh.<\/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 - 17 October (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/wwwcdn.imo.org\/localresources\/en\/MediaCentre\/MeetingSummaries\/Documents\/PROG-133%20-%20Programme%20Of%20Meetings%20For%202025%20(Secretariat).pdf\" style=\"\">The Marine Environment Protection Committee\u2019s second extraordinary session<\/a><\/span><span>, 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>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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-26 November (Monday-Wednesday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wamsaudi.com\/\" style=\"\">The World Advanced Manufacturing & Logistics Saudi Expo<\/a><\/span><span style=\"font-weight:400;\">, Riyadh.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">EVENTS WITH NO SET DATE<\/span> <\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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.<\/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.<\/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.<\/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.<\/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;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">UN Trade and Development Global Supply Chain Forum <\/span><span style=\"font-weight:400;\">to take place in Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>4Q 2027: Oman\u2019s Musandam Airport construction to be completed.<\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Hormuz closure looming | Oman road projects updates | Aviation + maritime disruptions in region<\/p>\n","protected":false},"featured_media":87062,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-87061","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"455934cc-38ef-4d80-89ff-0003bf478266","teaser":"Hormuz closure looming | Oman road projects updates | Aviation + maritime disruptions in region","photo_url":"https:\/\/ent.news\/2024\/4\/463.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>World oil flows at risk as Iran mulls closure of Hormuz Strait - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/issues\/world-oil-flows-at-risk-as-iran-mulls-closure-of-hormuz-strait\/\" \/>\n<meta property=\"og:locale\" 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