{"id":70866,"date":"2023-05-18T00:00:00","date_gmt":"2023-05-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/05\/18\/today-saudi-arabias-duba-port-becomes-neom-port-feasibility-studies-for-gcc-railway-are-now-complete\/"},"modified":"2023-05-18T00:00:00","modified_gmt":"2023-05-18T00:00:00","slug":"today-saudi-arabias-duba-port-becomes-neom-port-feasibility-studies-for-gcc-railway-are-now-complete","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/05\/18\/today-saudi-arabias-duba-port-becomes-neom-port-feasibility-studies-for-gcc-railway-are-now-complete\/","title":{"rendered":"TODAY: Saudi Arabia\u2019s Duba Port becomes Neom Port + Feasibility studies for GCC railway are now complete"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Good morning, everyone. <\/span><span style=\"\">We have yet another calm issue for you today, as the newscycle<\/span><span style=\"font-weight:400;\"> winds down near the end of the week. <\/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\">THE BIG LOGISTICS STORIES- DHL will start using Etihad Rail for freight operations<\/span><span style=\"\"> in<\/span><span> the UAE freight operations under a 20-year partnership, while <\/span><span style=\"font-weight:700\">Maersk is set to launch a new streamlined shipping service<\/span><span style=\"font-weight:400;\"> connecting MENA and GCC countries.<\/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;\"><\/p>\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\"><span style=\"\"> <\/span><span style=\"font-weight:700\">KSA\u2019s Duba Port becomes Port of Neom:<\/span><span style=\"\"> The primary seaport of entry for Saudi <\/span><span>Arabia, Duba Port, has been renamed Port of Neom, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.neom.com\/en-us\/newsroom\/neom-port-business\" style=\"\">statement<\/a><\/span><span> from KSA\u2019s <\/span><span>Neom economic zone<\/span><span>. This comes as KSA is working to overhaul and transform local ports into logistics hubs, according to Neom. The port is currently undergoing SAR 7.5 bn expansion and redesign works to meet rising volumes of cargo, including container and general cargo, and to turn it into a fully sustainable and advanced port, before its first container terminal becomes operational in 2025, according to the statement. Duba Port was previously managed by <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mawani.gov.sa\/\" style=\"\">Saudi Ports Authority<\/a><\/span><span style=\"font-weight:400;\"> (Mawani), but had its management transferred to Neom in 2022.<\/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\">The Black Sea grain pact has been extended for two more months<\/span><span style=\"\">, a day before Russia <\/span><span>was <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ce179083-27a6-4d8f-adcd-3fb398313bee\" style=\"\">expected to abandon it<\/a><\/span><span>, the UN Office for the Coordination of Humanitarian Affairs <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/twitter.com\/UNOCHA\/status\/1594067993868148737?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1594067993868148737%7Ctwgr%5Eb3bd5618354e0b3fae8907875d63e01f8839f079%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.un.org%2Fen%2Fblack-sea-grain-initiative%2Fupdates\" style=\"\">confirmed<\/a><\/span><span> yesterday. The UN- and Turkey-brokered Black Sea crop export corridor allowed grain exports to leave Ukraine\u2019s ports safely over the past year. \u201cWe still do not lose hope that the problems that we are raising will be sorted out,\u201d Russia's ambassador to the UN Vassily Nebenzia said, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/europe\/last-ship-leave-ukraine-fate-black-sea-grain-deal-russias-hands-2023-05-17\/\" style=\"\">Reuters<\/a><\/span><span style=\"font-weight:400;\"> reports. Concerns and outstanding issues remain, but Russia, Ukraine, Turkey and the UN will continue discussions to iron them out, UN Secretary-General Antonio Guterres said. \u201cLooking ahead, we hope that exports of food and fertilizers, including ammonia, from the Russian Federation and Ukraine will be able to reach global supply chains safely and predictably,\u201d Guterres is quoted as saying.<\/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\">Background: <\/span><span style=\"font-weight:400;\">Russia had threatened to withdraw from the pact until Western countries address its concerns about sanctions against its exports. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\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\"><span style=\"\"><a id=\"wwtt1\"><\/a> <\/span><span style=\"font-weight:700\">WATCH THIS SPACE #1- TAQA and NGDC partner on JV in KSA: <\/span><span style=\"\">Saudi Arabia\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.ngdc.com.sa\/Default.aspx?lang=en\" style=\"\">Natural Gas Distribution Company<\/a><\/span><span> (NGDC) has entered into partnership agreement with Egypt-based energy, utility, and gas distributor, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.taqa.com.eg\/\" style=\"\">TAQA Arabia<\/a><\/span><span> (TAQA) to establish a limited liability company in the Kingdom, according to an NGDC <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/ldBNC4JAEAbgX-MxdtTU7LaSbomhJqLtJdYKE9xdD1b471vqJNjX3AaeF94ZRFGJqGC3pmZ9IwVr1b6n9sHCNhjrBcQxdh1Ig9AjmwibfjpHxRiQwPAVcL105RMdiIPoX3nIEkuBZGtGsAMC9m95eDMYvufpmExcMAYTFZ_gQ4cQ0bqV1eufl77vlhpo0LMTu19bTXU8St4xMWQDr6RCrqXbKDsL1PE8L6FJeDHDDysWlo8!\/dz\/d5\/L0lDU0lKQ2dwUkNncFJDaUNsRUtJS1VRIS9ZQVVFQUFBSUlNSUVBSUNLR0tHQ0tPQk9CQ09KSkZKRk5JRUVKRERMRExOREFBISEvNEpDaWpzWXBNaFRqVUU1Q2ttb3ByZHRMWXpVczF1MmxzNXFDUUEhIS9aN181QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURRNi9aNl81QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURJMy9BTk5PVU5DRU1FTlRfTlVNQkVSLzczNjU5L2NvbXBhbnlTeW1ib2wvOTUxNi9odHRwOiUwJTB0YWRhd3VsJTAvYW5uQ2F0LzEvYW5JZA!!\/\" style=\"\">disclosure<\/a><\/span><span> on the Saudi Stock Exchange (Tadawul). The companies had previously signed an MoU in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/lVDdboIwGH0WH2Bp0VDwEkeGLKggOIUbU0qHJEJJKWT69Cs_y6abbmt60e_LOafnHBCBHYgK3GQpFhkr8FHOYYT2qoHgeK7DFZwHjxBB30KbQFfMMQLbS4C-sBD0loa3GmsqtF4giP7Fh76rQu_JXUwcuIYWRH_jwxvH-PX_UPK1mwBbAT6IQBSf_FMesyMIp6qC-o1RFKwuCM1pIUCoSCfR5WcrY6rJLM8zy3aMiY60a8APZV3Z_d5GB7gT16dF18ndTFtOK1ZzQsE6peJrECerhIkFBh7B5EAd2tCji1Pa14CTJqsYr1qUbE5uKkoE42ZpJ8N8VVPJWVITEZxK2gMEk_LDu5TCfnaWkwJ7MczJoccqH4BlnceUm_GweuUs_1TArXXSGh9Y-4cOJeib8Ds1EAaGZ7S7RLJcyjPWWi3zzWZ3Dmg8tTO3WcyWanN509HoHevDAFE!\/dz\/d5\/L0lHSklna0tDbEVKSUtJS1VRb2dwUkEhIS9vSHdRQUVNSUFBQ0VFaGdDS000emxHWUVLVWxTVUtXdEcwWVdnQSEhLzRKQ2lqc1lwTWhUalVFNWxFbXQyVXR0TlF6VzdLVzFtbzVBIS9aN181QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURRNi9aNl81QTYwMkg4ME8wSFRDMDYwU0c2VVQ4MURJMy9jb21wYW55U3ltYm9sLzk1MTYvZ2xvYmFsL2h0dHA6JTAlMHRhZGF3dWwlMC9hbm5DYXQvMS9hbklkLzcwMTI3\/\" style=\"\">2022<\/a><\/span><span> to develop and operate gas transportation services and gas networks.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt2\"><\/a><\/span><span style=\"font-weight:700\"> WATCH THIS SPACE #2- Feasibility studies complete for GCC railway: <\/span><span style=\"\">The <\/span><span>feasibility and traffic studies for a 2.1k km railway connecting the six GCC countries have been completed<\/span><span>, Gulf railway specialist Nasser Al Qahtani told <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.khaleejtimes.com\/uae\/over-2000km-railway-on-track-gcc-train-feasibility-traffic-studies-complete\" style=\"\">Khaleej Times<\/a><\/span><span> on the sidelines of Middle East Rail<\/span><span style=\"font-weight:400;\">. The rollout for the project is expected soon, he said, adding that the UAE and Saudi Arabia are the furthest along in developing the local transport infrastructure for the project. The GCC Railway Authority is coordinating with each country to ensure that they follow uniform standards and guidelines in building the railway, Al Qahtani said. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><a id=\"wwtt3\"><\/a> <\/span><span style=\"font-weight:700\">WATCH THIS SPACE #3-<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.bahrainairport.bh\/corporate\" style=\"\">Bahrain International Airport<\/a><\/span><span style=\"font-weight:700\"> will have a cargo capacity <\/span><span style=\"font-weight:700\">of 1.6 mn tons <\/span><span>following the launch of its new cargo express village, the first phase of which will be complete by 2023, Chief Development and Technical Officer Abdulla Janahi said, according to a company <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bahrainairport.bh\/corporate\/news\/bahrain-airport-company-highlights-bahrain-international-airport-s-competitive-advantages-at-air-cargo-europe-2023\" style=\"\">statement<\/a><\/span><span style=\"font-weight:400;\">. The village will feature warehouses, aircraft parking, and associated infrastructure. <\/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\">DATA POINT- Four road projects worth BAD 9.5 mn took up the lion\u2019s share of the <\/span><span style=\"font-weight:700\">country\u2019s investments in infrastructure projects in April<\/span><span>, according to state-owned <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bna.bh\/en\/WorksMinistry9projectsworthBD11.2millionawardedinApril.aspx?cms=q8FmFJgiscL2fwIzON1%2BDkmYbw51KPEECjJpRW0gf%2F8%3D\" style=\"\">Bahrain News Agency<\/a><\/span><span>. The projects include<\/span><span> maintenance work on Shaikh Khalifa bin Salman Causeway and phase two of the South Bahrain Ring Road. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/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 href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">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\"><span style=\"font-weight:700;\">CIRCLE YOUR CALENDAR-<\/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\">The <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.uaemaritimeweek.com\/en\/home.html\" style=\"\">UAE Maritime Week<\/a><\/span><span style=\"font-weight:700\"> kicked off this week at the Dubai World Trade Centre, and <\/span><span style=\"font-weight:700\">is running until tomorrow.<\/span><span style=\"font-weight:400;\"> The week will bring together stakeholders from local maritime markets in a series of in-person events and conferences to explore maritime opportunities across the UAE.<\/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\">The <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.seatrademaritime-middleeast.com\/en\/home.html\" style=\"\">Seatrade Maritime Logistics Middle East<\/a><\/span><span style=\"font-weight:700\"> kicked off this week at the Dubai World <\/span><span style=\"font-weight:700\">Trade Centre, and will wrap up today. <\/span><span style=\"font-weight:400;\">The conference, which will comprise a trade show, conference tracks and networking, will connect ship owners, shipyards, port operators, government representatives, and industry professionals from across the MENA region.<\/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\">The 35th<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/ighc\/\" style=\"\">IATA Ground Handling Conference<\/a><\/span><span style=\"font-weight:700\">, hosted by Etihad, kicked off this week at <\/span><span style=\"font-weight:700\">the Abu Dhabi National Exhibition Center, and is on its last day today.<\/span><span style=\"font-weight:400;\"> The event brings together global industry leaders from airlines, airports, ground service providers and manufacturers to network and discuss industry trends and developments.<\/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\">The<\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.evinnovationsummit.com\/about\" style=\"\">Electric Vehicle Innovation Summit 2023<\/a><\/span><span style=\"font-weight:700\"> will take place in Abu Dhabi between <\/span><span style=\"font-weight:700\">29-31 May.<\/span><span style=\"font-weight:400;\"> The event is the first of its kind in the MENA region and brings together researchers, engineers, officials, and organizations involved in the EV scene, presenting attendees with opportunities to network across value chains and exchange ideas. <\/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\">The 79th <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.iata.org\/en\/events\/agm\/agm-2023\/\" style=\"\">IATA Annual General Meeting and World Air Transport Summit<\/a><\/span><span style=\"font-weight:700\"> will take <\/span><span style=\"font-weight:700\">place from 4-6 June, in the Hilton Bomonti in Istanbul, Turkey<\/span><span>. The event will gather airline leaders from across the globe to discuss post-pandemic aviation, airline sustainability, operational challenges from the past year and the future of aviation, according to the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2023\/5\/845.pdf\" style=\"\">event program (pdf)<\/a><\/span><span>. <\/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\">Check out our full calendar<\/span><span> at the bottom of this email for a comprehensive listing of upcoming news events and news triggers.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, everyone. We have yet another calm issue for you today, as the newscycle winds down near the end of the week. THE BIG LOGISTICS STORIES- DHL will start using Etihad Rail for freight operations in the UAE freight operations under a 20-year partnership, while Maersk is set to launch a new streamlined shipping [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":70867,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[18],"tags":[17,27,359,549,16],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-70866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterprise-logistics","tag-gcc","tag-neom","tag-port","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"847bf778-b996-4a1f-a5f9-e97044ba2ecb","order":"0","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2021\/5\/368.jpg","photo_position":"above","homepage_title":"","full_issue_title":"TODAY: Saudi Arabia\u2019s Duba Port becomes Neom Port + Feasibility studies for GCC railway are now complete","related_issue":[70864],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.af21eb41-baee-4dc4-a67d-4439c5659c64.mp3"},"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>TODAY: Saudi Arabia\u2019s Duba Port becomes Neom Port + Feasibility studies for GCC railway are now complete - 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\/2023\/05\/18\/today-saudi-arabias-duba-port-becomes-neom-port-feasibility-studies-for-gcc-railway-are-now-complete\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TODAY: Saudi Arabia\u2019s Duba Port becomes Neom Port + Feasibility studies for GCC railway are now complete\" \/>\n<meta property=\"og:description\" content=\"Good morning, everyone. We have yet another calm issue for you today, as the newscycle winds down near the end of the week. 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