{"id":93264,"date":"2026-03-10T00:00:00","date_gmt":"2026-03-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=93264"},"modified":"2026-03-10T06:35:43","modified_gmt":"2026-03-10T06:35:43","slug":"is-the-global-shipping-surge-rewriting-egypts-trade-map","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/is-the-global-shipping-surge-rewriting-egypts-trade-map\/","title":{"rendered":"Is the global shipping surge rewriting Egypt\u2019s trade map?"},"content":{"rendered":"<section id=\"93266\" 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=\"93266\">\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\u2019RE TRACKING TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/10\/today-rising-freight-costs-reshape-egypts-export-flows-plus-hormuz-standoff-drives-red-sea-gains\/\">\r\n                            TODAY: Rising freight costs reshape Egypt\u2019s export flows. 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Egyptian exporters are rerouting to Europe or hitting pause as freight and ins. costs spike \u2014 a sharp blow for USD 9 bn in Gulf-bound goods. Meanwhile, Hormuz traffic is still stalled 10 days in, splitting the VLCC market: some ships are stranded east, others are reaping in on record Red Sea returns. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Did Trump just give us reason to believe the end of the war is nigh? <\/strong>US President Donald Trump last night said that the war will end \u201cvery soon.\u201d The messaging from the White House sent oil prices tumbling from nearly USD 120 \/ bbl during trading to below USD 90 \/ bbl.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Before you get your hopes up: <\/strong>Trump threatened bombing \u201cat a much, much harder level\u201d if Tehran disrupted oil supplies. The administration aims to keep down oil prices after they \u201cwent artificially up\u201d following the US-Israeli strikes on Iran, Trump said.<\/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\">The big logistics story abroad<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>G7, IEA are readying the emergency oil taps as Brent fluctuates<\/strong><strong>. <\/strong>G7 finance ministers and the International Energy Agency (IEA) held an <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/e1141f96-db3e-41ef-b978-0131e91f1d82\" style=\"\" rel=\"noopener\">emergency meeting<\/a> to discuss a massive, coordinated release of strategic oil reserves, though they decided to hold off for now while the group monitors the situation, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-09\/france-says-g-7-not-there-yet-on-releasing-oil-stockpiles\" style=\"\" rel=\"noopener\">Bloomberg<\/a> quotes France\u2019s Finance Minister Roland Lescure as saying.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This would come after a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/9c17c777-378b-44ad-abf8-00d8cfb5349c\" style=\"\" rel=\"noopener\">historic surge<\/a><\/strong><strong> in crude prices<\/strong> \u2014 triggered by the conflict in the Gulf \u2014 propelled Brent 24% higher in Asia to trade at over USD 116 as of Monday before cooling down after Trump signaled that the war is nearing its end. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>US officials are reportedly considering a release of up to 400 mn barrels<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2026\/03\/09\/iran-war-g7-energy-minister-oil-reserves.html\" style=\"\" rel=\"noopener\">CNBC<\/a> reports, nearly 30% of the total IEA reserve, in an effort to soothe markets. Analysts suggest the record price spike has left them little choice, despite <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/how-have-us-presidents-tapped-strategic-petroleum-reserve-during-war-2026-03-02\/\" style=\"\" rel=\"noopener\">previous reluctance<\/a> under the Trump administration.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A prolonged spike in oil prices threatens an inflationary surge<\/strong>, which could cause lasting damage to global economic growth. The stability of the global energy supply chain is at risk, with Qatar\u2019s energy minister warning that Gulf exporters could <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/be122b17-e667-478d-be19-89d605e978ea\" style=\"\" rel=\"noopener\">halt production within days<\/a>. Major importers, including <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/india\/india-says-oil-price-surge-unlikely-stoke-inflation-sharply-2026-03-09\/\" style=\"\" rel=\"noopener\">India<\/a>, Japan, and Italy, are most exposed to these price shocks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>If the release fails to bring prices down<\/strong>, we can expect immediate downstream impacts on freight rates and operational costs.<\/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>  SUPPLY CHAINS \u2014 Airspace disruption may soon reroute gold: <\/strong>Ghana is drawing up contingency plans to send artisanal gold elsewhere if the UAE\u2019s airspace disruptions persist, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/africa\/ghana-looks-shift-artisanal-gold-refining-amid-dubai-flight-disruptions-say-2026-03-06\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing sources briefed on the matter. It\u2019s an early sign that disrupted Gulf skies are starting to interfere with one of Dubai\u2019s quieter specialties of managing global gold flows.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why Ghana cares:<\/strong> Dubai\u2019s trade role isn\u2019t just about passengers and shopping bags \u2014 it\u2019s also a high-value cargo artery that much of Africa quietly depends on. About 80% of Ghana\u2019s artisanal output lands in the UAE for refining.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A silver lining for Dubai? The fallback comes with a bigger bill:<\/strong> Shanghai and Indian refiners are emerging as alternatives, but traders say neither is cheap. Higher rerouting costs could help maintain Dubai as the preferred destination once skies clear.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a> CARGO \u2014<\/strong> <strong>Qatar leans <\/strong><strong>on Saudi<\/strong><strong> land route to safeguard goods supply:<\/strong> Doha <a target=\"_blank\" href=\"https:\/\/www.qatarchamber.com\/qatar-tir-transit-system-registration\/\" style=\"\" rel=\"noopener\">opened<\/a> an overland transit corridor through Saudi Arabia to keep cargo moving as pressure on Gulf shipping lanes builds. Qatar Chamber and the General Authority of Customs are nudging shippers to register under the TIR transit system, allowing trucks to move goods across the Saudi border under a single customs guarantee with expedited clearance through the Al Nadeeb electronic customs platform.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters<\/strong>: For Qatar, the Saudi corridor has effectively become a lifeline for essential imports and reduces exposure to disrupted shipping lanes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a>  <strong>ENERGY<\/strong> <strong>\u2014<\/strong> <strong>Bahrain\u2019s Bapco Energies <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bapco.net\/en\/important-notices\/bapco-energies-declares-force-majeure-situation-on-the-group-s-operations\" style=\"\" rel=\"noopener\">declared<\/a><\/strong><strong> force majeure after <\/strong><strong>its refinery <\/strong><strong>complex, the country\u2019s only refining node,<\/strong> <strong>was struck<\/strong>, noting that domestic market needs will continue to be met under contingency plans. Bapco\u2019s refinery <a target=\"_blank\" href=\"https:\/\/www.bapco.net\/en\/page\/bapco-at-glance\/#:~:text=Bapco%20Refining%20currently%20owns%20a,Unit%20using%20LC%20Fining%20Technology.\" style=\"\" rel=\"noopener\">processes<\/a> about 267k bbl \/ d and is being expanded to roughly 380k bbl \/ d, with around 14 mn barrels of storage at the site.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Force majeure all over: <\/strong>Aluminium Bahrain declared force majeure <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/05\/conflict-spreads-into-different-countries-and-more-sectors\/\" style=\"\" rel=\"noopener\">last week<\/a>, while QatarEnergy <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/05\/conflict-spreads-into-different-countries-and-more-sectors\/\" style=\"\" rel=\"noopener\">declared<\/a> did the same on LNG shipments after attacks hit its facilities and halted production. Kuwait Petroleum Corporation has also <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/issues\/hormuz-matters-for-more-than-oil-a-third-of-global-fertilizer-supply-at-risk\/\" style=\"\" rel=\"noopener\">cut<\/a> crude output and refining throughput and declared force majeure on Saturday after the Hormuz crisis blocked shipments.<\/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>Oil prices dropped this morning as US President Donald Trump signaled the war could <\/strong><strong>end soon \u2014 easing supply concerns, <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-falls-over-6-trump-predicts-middle-east-de-escalation-2026-03-10\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Brent crude futures slipped USD 4.17 to trade at USD 94.79 \/ bb by 03.45 GMTl, while US West Texas Intermediate (WTI) was down USD 3.81 to USD 90.96 \/ bbl.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Baltic Index breaks declining streak: <\/strong>The Baltic Exchange\u2019s dry bulk sea which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\" rel=\"noopener\">rose 2.8%<\/a> to 2,066 points on Monday, buoyed by the larger-size segment. The capesize gained 7.8% to 2,835 points, while the panamax index decreased 2.5% to 1,914. The smaller supramax index declined by 0.9% to 1,373 points.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Data point<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kuwait\u2019s<\/strong><strong> non-oil private sector improved at its sharpest pace since November <\/strong><strong>2024<\/strong>, with the headline purchasing managers\u2019 index rising to 54.5 in February from 53 in January, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/3\/263.pdf\" style=\"\" rel=\"noopener\">the S&P Global Kuwait PMI (pdf)<\/a>. This marks 18 consecutive months of expansion, driven by a 15-month high in new order growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rate of job creation remained unchanged from January<\/strong> despite 12 months of consecutive hiring in February. \u201cWith backlogs rising at a fresh record pace for three months in a row now, fulfilling customer requirements in a timely manner is becoming more difficult, although companies did expand their purchasing activity at a near-record pace in February to help make sure the necessary materials are available going forward.\u201d Economics Director at S&P Global Market Intelligence Andrew Harker said in the note.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Business sentiment surged to a 26-month high in February<\/strong>, as firms maintained a robust outlook for output growth over the coming year. This wave of optimism is being underpinned by focuses on diversifying product portfolios, maintaining competitive pricing structures, and delivering high-quality customer service.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>YOU\u2019RE READING EnterpriseAM Logistics, the essential MENA publication for senior <\/strong><strong>execs who care about the industry that connects producers and retailers to global markets. <\/strong>We\u2019re out Monday through Thursday by 9:15am in Cairo and Riyadh and 11:15am in the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Logistics is available without charge <\/strong>thanks to the generous support of our friends at Hassan Allam Utilities and Transmar.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of Enterprise Logistics.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:logistics@enterprisemea.com\" style=\"\" rel=\"noopener\">logistics@enterprisemea.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\"><\/a> <strong>***<\/strong><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" 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class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"93270\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/10\/the-war-creates-an-unexpected-boom-in-egypts-exports-to-europe-africa\/97-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/97.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"97.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/97.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/97.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93269\" class=\"content-area-description single-story post-93269 post type-post status-publish format-standard has-post-thumbnail hentry category-the-big-story-today tag-enterprise-logistics tag-shipping-maritime tag-the-big-story-today tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong> Global supply chain issues are forcing Egyptian<\/strong><strong> exporters to make some<\/strong><strong> tough calls.<\/strong> With freight and container ins. costs suddenly jumping by USD 2.5k-3k per shipment, many companies have simply paused sending goods to the Gulf and East Asia, Ahmed Zaki, secretary-general of the Exporters Division at the Federation of Egyptian Chambers of Commerce, tells EnterpriseAM.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>A heavy blow:<\/strong> It is not good news, especially since exports to the Gulf \u2014 mainly food and engineering goods \u2014 were worth around USD 9 bn last year.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Pivoting to land routes:<\/strong> To survive the immediate crunch, some exporters are getting creative, ditching sea routes and pivoting to land transport through Jordan and Jeddah, which is saving them between USD 1.5k-1.9k per trip.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>But as Zaki puts it, chances are \u201cborn from the womb of crisis<\/strong>.\u201d While the Gulf market slows down, massive new doors are opening in Europe and Africa. European markets are currently struggling with heavy delays from their usual suppliers in China, India, and East Asia. African nations are also facing similar headaches with Chinese shipments. Because of this, both regions are now sending a huge surge of export orders our way.<\/p>\n<p class=\"tag-border-left\">Why this matters<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>This sudden boom isn\u2019t just happening because Egypt\u2019s currency makes goods <\/strong><strong>cheaper.<\/strong> It is really about proximity and reliability. While other global routes are tangled up in delays, Egypt is close enough to ensure that products \u2014 especially food \u2014 actually arrive on time. Ultimately, this massive shift toward Europe and Africa is expected to easily make up for the revenue lost in the Gulf, we\u2019re told.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Behind the scenes, the Central Bank of Egypt is keeping a close eye on the money<\/strong>, Zaki tells us. The CBE is ensuring that all the new USD coming in from these exports are channeled directly through the banking system, which prevents black market currency issues and keeps the local market perfectly stable as the country navigates this unexpected boom.<\/p>\n<p class=\"tag-border-left\">What\u2019s next?<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Air freight fees on pause:<\/strong> The International Federation of Freight Forwarders Associations has asked the Finance Minister to temporarily pause certain air freight fees \u2014 namely the Advanced Cargo Information system \u2014 hoping to lower transport costs and keep everyday prices from spiking at home.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/the-big-story-today\/\">THE BIG STORY TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"93271 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=\"93271\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/10\/93271\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93271\" class=\"content-area-description single-story post-93271 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"93272\" 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=\"93272\">\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\">Shipping + Maritime<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/10\/hormuz-standoff-persists-while-red-sea-earnings-spike\/\">\r\n                            Hormuz tensions drag on, Red Sea revenues soar                        <\/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\/2026\/03\/10\/hormuz-standoff-persists-while-red-sea-earnings-spike\/\" 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\/2026\/03\/10\/hormuz-standoff-persists-while-red-sea-earnings-spike\/')\">\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\/2026\/03\/10\/hormuz-standoff-persists-while-red-sea-earnings-spike\/\">\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=Hormuz standoff persists, while Red Sea earnings spike&url=https:\/\/enterpriseam.com\/logistics\/2026\/03\/10\/hormuz-standoff-persists-while-red-sea-earnings-spike\/\">\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\/2026\/03\/10\/hormuz-standoff-persists-while-red-sea-earnings-spike\/&title=Hormuz standoff persists, while Red Sea earnings spike\">\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=Hormuz+standoff+persists%2C+while+Red+Sea+earnings+spike+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2026%2F03%2F10%2Fhormuz-standoff-persists-while-red-sea-earnings-spike%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\/2026\/03\/10\/hormuz-standoff-persists-while-red-sea-earnings-spike\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/545.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"93273\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/10\/hormuz-standoff-persists-while-red-sea-earnings-spike\/545-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/545.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"545.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/545.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/545.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93272\" class=\"content-area-description single-story post-93272 post type-post status-publish format-standard has-post-thumbnail hentry category-shipping-maritime tag-disruption-watch tag-earnings-watch tag-enterprise-logistics tag-saudi-arabia tag-shipping-maritime tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The<\/strong><strong> Hormuz Standoff and the USD 300k Red Sea Arbitrage. <\/strong>Commercial activity through the Strait of Hormuz has ground to a near halt, with most operators avoiding the route due to security risks, making it functionally inaccessible. The VLCC market is splitting into two worlds: those capturing windfall Red Sea freight rates of up to USD 300k per day.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Where do we stand?<\/strong> With transit activity falling to fewer than 15 vessels, the backlog is mounting, according to <a href=\"https:\/\/www.vortexa.com\/insights\/afp-insight-to-stay-or-not-to-stay\" target=\"_blank\" rel=\"noopener\">data<\/a> from maritime analyst Vortexa. Currently, 35 VLCCs are idling on the eastern side of the strait, with another 22 steaming toward the Gulf from the Indian coast \u2014 awaiting a resolution that has yet to materialize..<\/p>\n<p class=\"tag-border-left\">Why this matters<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The earnings gap between idling and active vessels has widened significantly as Red <\/strong><strong>Sea freight rates decouple from voyage distance.<\/strong> Yanbu quotes are now surpassing benchmark assessments west of Hormuz, reflecting both a total lack of liquidity past the strait and the mounting difficulty of pricing ins. premia.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Operators are facing a critical financial inflection point.<\/strong> While the USD 300k daily returns make them reluctant to divert, the sheer volume of tonnage without fixture coverage \u2014 which has increased 50% w-o-w as of last week \u2014 is eroding their leverage. Some operators have already begun diverting near Sri Lanka to avoid being trapped in the waiting room before Hormuz, which consumes bunker costs without generating revenue.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The Red Sea gold rush may be brief.<\/strong> A new wave of vessels ballasting from Asia \u2014 with lower cost structures \u2014 are heading for the Red Sea to compete for these high-value cargoes. The VLCC market faces a looming demand hit as India and China could shift their sourcing strategies to bypass the chaos.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Structural shifts in Asian demand are creating downside risks for VLCC employment.<\/strong> India has secured a <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-06\/us-issues-license-to-allow-some-russian-oil-sales-to-india-mme5qix4\" target=\"_blank\" rel=\"noopener\">30-day waiver<\/a> to import Russian crude, a move expected to return imports to historical highs while shifting trade toward the shadow fleet and away from mainstream tankers. Simultaneously, Chinese refiners are diversifying into Brazilian medium-sweet grades and TMX cargoes on Aframaxes to maintain blends and protect jet fuel production, according to Vortexa.<\/p>\n<p class=\"tag-border-left\">What\u2019s next? Demand shifts<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>For logistics operators, this represents a double blow:<\/strong> The physical blockage at Hormuz could be further compounded by a strategic shift in trade routes. China\u2019s decision to draw down its Strategic Petroleum Reserves further reduces the immediate need for the high-capacity VLCC fixtures that usually dominate the MEG-to-Asia lanes.<\/p>\n<p class=\"tag-border-left\">The case for Egypt<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Already battered Suez Canal transit volumes could fall another 50% \u201cif Red Sea shipping <\/strong><strong>disruptions intensify<\/strong>,\u201d the Institute of International Finance (IIF) warned in a report seen by EnterpriseAM. If borne out, this could mean the country\u2019s hard currency revenues from the canal halving from the USD 4.2 bn in receipts recorded in 2025, having already more than halved from a USD 10.2 bn high point recorded in 2023 before the disruptions started to take a toll on canal receipts.<\/p>\n<p class=\"tag-border-left\">Background<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Saudi Arabia <\/strong><strong><a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/05\/saudi-arabia-pivots-its-crude-supplies-to-the-red-sea-to-bypass-hormuz\/\" target=\"_blank\" rel=\"noopener\">is rerouting Asian energy shipments<\/a><\/strong><strong> to Yanbu on the Red Sea.<\/strong> Major crude oil storage sites in the Kingdom are filling up quickly, as its key export route through the Strait of Hormuz remains closed to shipping. The kingdom has spent bns expanding its East-West pipeline and Yanbu South Terminal on the Red Sea. For operators, this is a stress test for Saudi Arabia\u2019s land bridge ambitions.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>What\u2019s the catch?<\/strong> The Saudi East-West pipeline moves 5 mn bbl\/d \u2014 far less than the 20 mn that normally pass through Hormuz. However, it stands as the most viable alternative for the kingdom at present, with overland corridors, like the International North-South Transport Corridor, lacking the TEU capacity to handle diverted Suez traffic that the Cape of Good Hope can handle.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Could Egypt shift KSA towards the Med?<\/strong> Egypt has offered its Sumed pipeline \u2013\u2013 Ain Sokhna to Sidi Kerir \u2014 to facilitate the transfer of Saudi crude oil from Yanbu to the Mediterranean, as well as <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/09\/today-fertilizer-supply-under-pressure-from-hormuz-disruption\/\" target=\"_blank\" rel=\"noopener\">10 crude and petroleum storage facilities for lease<\/a> in the Red Sea.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/disruption-watch\/\">DISRUPTION WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"93274 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=\"93274\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/10\/93274\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93274\" class=\"content-area-description single-story post-93274 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/transmar.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"93275\" 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=\"93275\">\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\">Also on Our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/10\/qatars-lesha-bank-acquires-aircraft-lessor-amedeo-air-four-plus\/\">\r\n                            Lesha Bank buys aircraft lessor Amedeo Air Four Plus                        <\/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\/2026\/03\/10\/qatars-lesha-bank-acquires-aircraft-lessor-amedeo-air-four-plus\/\" 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\/2026\/03\/10\/qatars-lesha-bank-acquires-aircraft-lessor-amedeo-air-four-plus\/')\">\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\/2026\/03\/10\/qatars-lesha-bank-acquires-aircraft-lessor-amedeo-air-four-plus\/\">\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=Qatar\u2019s Lesha Bank acquires aircraft lessor Amedeo Air Four Plus&url=https:\/\/enterpriseam.com\/logistics\/2026\/03\/10\/qatars-lesha-bank-acquires-aircraft-lessor-amedeo-air-four-plus\/\">\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\/2026\/03\/10\/qatars-lesha-bank-acquires-aircraft-lessor-amedeo-air-four-plus\/&title=Qatar\u2019s Lesha Bank acquires aircraft lessor Amedeo Air Four Plus\">\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=Qatar%E2%80%99s+Lesha+Bank+acquires+aircraft+lessor+Amedeo+Air+Four+Plus+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2026%2F03%2F10%2Fqatars-lesha-bank-acquires-aircraft-lessor-amedeo-air-four-plus%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\/2026\/03\/10\/qatars-lesha-bank-acquires-aircraft-lessor-amedeo-air-four-plus\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1413.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"93276\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/10\/qatars-lesha-bank-acquires-aircraft-lessor-amedeo-air-four-plus\/1413-jpg-18\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1413.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1413.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1413.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1413.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93275\" class=\"content-area-description single-story post-93275 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-aviation tag-enterprise-logistics tag-mawani tag-qatar tag-shipping-maritime tag-turkish-airlines wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"tag-border-left\">Lesha Bank moves on aircraft lessor Amedeo Air Four Plus<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Lesha<\/strong><strong> Bank\u2019s aircraft leasing play:<\/strong> Qatar\u2019s Lesha Bank is <a href=\"https:\/\/www.leshabank.com\/lesha_news\/lesha-bank-to-acquire-amedeo-air-four-plus-limited-listed-on-the-london-stock-exchange\/\" target=\"_blank\" rel=\"noopener\">acquiring<\/a> aircraft lessor Amedeo Air Four Plus through its wholly owned subsidiary LAC 10 in an agreement valued at around GBP 190 mn in equity. LAC 10 is offering 73 pence a share, with completion expected in 3Q 2026.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Widebody step-up:<\/strong> The acquisition makes the Qatari bank a bigger player in long-haul aircraft leasing, as Amadeo Air <a href=\"https:\/\/www.aa4plus.gg\/\" target=\"_blank\" rel=\"noopener\">owns<\/a> 12 widebodies \u2014 six A380s, two 777-300ERs, and four A350-900s.<\/p>\n<p class=\"tag-border-left\">Mawani expands shipping services at Jeddah<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Mawani adds two Asia strings at Jeddah:<\/strong> The Saudi Ports Authority (Mawani) has added two liner services at Jeddah Islamic Port \u2014 the <a href=\"https:\/\/www.spa.gov.sa\/en\/N2530204\" target=\"_blank\" rel=\"noopener\">SE4<\/a> service operated by German carrier Hapag-Lloyd and the <a href=\"https:\/\/www.spa.gov.sa\/en\/N2530229\" target=\"_blank\" rel=\"noopener\">AE19<\/a> run by Danish Shipping Giant Maersk. Both loops deploy vessels of up to 17k TEU and link Jeddah with major Asian hubs including Shanghai, Ningbo, Qingdao, Xingang, Busan, and Tanjung Pelepas.<\/p>\n<p class=\"tag-border-left\">Turkish Airlines posts stronger 4Q as FY net income slips<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Turkish Airlines reported a 23% y-o-y increase in its bottom line<\/strong><strong> from main <\/strong><strong>operations <\/strong><strong>to USD 534 mn in 4Q 2025<\/strong>, according to a <a href=\"https:\/\/www.turkishairlines.com\/en-kr\/press-room\/news-press-release\/turkish-airlines-achieved-2-point-2-billion-usd-profit-from-main-operations-in-2025\" target=\"_blank\" rel=\"noopener\">press release<\/a>. The carrier\u2019s top line rose 12% y-o-y to USD 6.3 bn.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The full year delivered a stronger top line. <\/strong>Inflationary pressures and engine issues drove the carrier\u2019s bottom line from main operations to USD 2.2 bn in FY 2025, while its revenues rose 6.3% y-o-y to USD 24 bn during the same period, which management attributed to rising passenger operations.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/mawani\/\">Mawani<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/shipping-maritime\/\">SHIPPING + MARITIME<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/turkish-airlines\/\">Turkish Airlines<\/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=\"93277\" 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\/2026\/03\/10\/93277\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-93277\" class=\"content-area-description single-story post-93277 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;\">2026<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>9-13 March (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/WCALtd\/posts\/get-ready-the-official-website-for-the-wca-worldwide-conference-2026-is-launchin\/1070064335151993\/\" style=\"\">World Cargo Alliance Worldwide Conference<\/a><\/span><span style=\"font-weight:400;\">, Singapore. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>10-12 March (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/world-cargo-symposium\/\" style=\"\">World Cargo Symposium<\/a><\/span><span style=\"font-weight:400;\">, Lima, Peru.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>18-19 March (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.intralogistex.co.uk\" style=\"\">IntraLogisteX<\/a><\/span><span style=\"font-weight:400;\">, Birmingham, United Kingdom. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>18-19 March (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/netzerocompare.com\/events\/green-marine-transport-2026\" style=\"\">Green Marine Transport Conference<\/a><\/span><span style=\"font-weight:400;\">, Amsterdam, The Netherlands.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26 March (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.marinemoney.com\/events-2-0-2\/2026-gulf-ship-finance-forum\" style=\"\">Gulf Ship Finance Forum<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">APRIL<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>12-15 April (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.zumizointernational.com\/trade-shows\/saudi-smart-logistics\/\" style=\"\">Saudi Smart Logistics<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>16-17 April (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/conferenziaworld.com\/global-supply-chain-and-logistics-summit\/#:~:text=16th%20%2D%2017th%20April%202026%20\/%20Amsterdam,Logistic%20Summit%20Introduction\" style=\"\">Global Supply Chain and Logistics Summit<\/a><\/span><span style=\"font-weight:400;\">, Amsterdam, The Netherlands.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>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 style=\"font-weight:700;\">MAY<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>12-14 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theairportshow.com\/en-gb\/visit.html\" style=\"\">The Airport Show<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>12-14 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/iata-aviation-energy-forum\/\" style=\"\">Aviation Energy Forum (AEF)<\/a><\/span><span style=\"font-weight:400;\">, Paris, France.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>19-21 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/iata-ground-handling-conference\/\" style=\"\">Ground Handling Conference (IGHC)<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>19-21 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tocworldwide.com\/en\/home.html\" style=\"\">Terminal Operations Conference & Exhibition<\/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;\">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>2-4 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.propakmena.com\" style=\"\">ProPak Mena<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>6-8 June (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/agm\/agm-2026\/\" style=\"\">IATA World Air Transport Summit<\/a><\/span><span style=\"font-weight:400;\">, Rio de Janeiro, Brazil.<\/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>22-23 June (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/decarbonizingforum.com\" style=\"\">Decarbonizing Shipping Forum<\/a><\/span><span>, Rotterdam, Netherlands.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Exports boom from war\u2019s womb | Red Sea freight surge | Rerouting gold?<\/p>\n","protected":false},"featured_media":93265,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-93264","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"27e3df73-0898-4890-ab3f-7ad2660e6dcb","teaser":"Exports boom from war\u2019s womb | Red Sea freight surge | Rerouting gold?","photo_url":"https:\/\/ent.news\/2025\/2\/2537.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>Is the global shipping surge rewriting Egypt\u2019s trade map? - 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\/is-the-global-shipping-surge-rewriting-egypts-trade-map\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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