{"id":75450,"date":"2023-12-11T00:00:00","date_gmt":"2023-12-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/11\/mitsui-to-help-dp-world-boost-auto-logistics-at-jebel-ali-new-saudi-aviation-monitoring-body\/"},"modified":"2023-12-11T00:00:00","modified_gmt":"2023-12-11T00:00:00","slug":"mitsui-to-help-dp-world-boost-auto-logistics-at-jebel-ali-new-saudi-aviation-monitoring-body","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/12\/11\/mitsui-to-help-dp-world-boost-auto-logistics-at-jebel-ali-new-saudi-aviation-monitoring-body\/","title":{"rendered":"Mitsui to help DP World boost auto logistics at Jebel Ali + New Saudi aviation monitoring body"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SHIPPING + MARITIME-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>DP World + Mitsui ink MoU to boost auto logistics + decarbonization efforts<\/strong><strong>:<\/strong> DP World has signed an MoU with Japanese shipping company Mitsui OSK Lines to explore enhancing Jebel Ali Port\u2019s auto logistics capabilities, according to a <a target=\"_blank\" href=\"https:\/\/www.mol.co.jp\/en\/pr\/2023\/23148.html\" style=\"\" rel=\"noopener\">statement<\/a>. The agreement will see the two sides conduct feasibility studies for stocking, enhancing, and strategically redistributing fully assembled cars through Jebel Ali Port. The partnership also intends to reduce carbon emissions from port and maritime applications in the UAE by enhancing the availability of clean fuels in regional markets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AVIATION-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>KSA pledges USD 1.5 mn for new regional aviation monitoring body:<\/strong>Saudi Arabia is providing a USD 1.5 mn contribution for the first two years of the newly formed Regional Aviation Safety Monitoring Organization for the Middle East and North Africa (MENA RSOO), the General Civil Aviation Authority (GACA) announced last week <a target=\"_blank\" href=\"https:\/\/gaca.gov.sa\/web\/en-gb\/news\/6-dec-2023\" style=\"\" rel=\"noopener\">in a statement<\/a>. The announcement on the new monitoring body, which will be headquartered in Riyadh, was made during the ICAN 2023 conference in the Saudi capital. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the RSOO:<\/strong> The monitoring body aims to aid member states in developing and implementing national training and safety programs and boost capacities in monitoring air safety to contribute in maintaining safety standards, according to the statement. The new body will include Djibouti, Sudan, Somalia, Palestine, Libya, Mauritania and Yemen, it showed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- PLENTY OF NEW ROUTES TO + FROM THE REGION- <\/strong><\/p>\n<ul>\n<li><strong>Air Arabia<\/strong> has launched flights from <strong>Abu Dhabi International Airport<\/strong> to <strong>Bandaranaike International Airport<\/strong> in Colombo, Sri Lanka. (<a target=\"_blank\" href=\"https:\/\/press.airarabia.com\/air-arabia-abu-dhabi-marks-its-first-flight-to-colombo\/\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Japan Airlines<\/strong>is launching daily direct flights from <strong>Haneda Airport<\/strong>, Tokyo, to <strong>Hamad International Airport<\/strong> in Doha, effective 31 March 2024. (<a target=\"_blank\" href=\"https:\/\/www.jal.co.jp\/eg\/en\/offers\/doh\/index.html\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Qatar Airways<\/strong> has launched two weekly flights between <strong>Hamad International <\/strong><strong>Airport<\/strong>, Qatar and <strong>Neom Bay Airport<\/strong>, KSA. (<a target=\"_blank\" href=\"https:\/\/www.arabnews.com\/node\/2422866\/business-economy\" style=\"\" rel=\"noopener\">Arab News<\/a>)<\/li>\n<li><strong>Etihad Airw<\/strong><strong>ays<\/strong> will begin <strong>ope<\/strong><strong>rating flights to Bali <\/strong>for the first time ever, <strong>four times a week,<\/strong> starting <strong>23 April 2024<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.etihad.com\/en\/news\/etihad-announces-flights-to-the-dream-island-of-bali\" style=\"\" rel=\"noopener\">Press release<\/a>)<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>TRADE-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>S<\/strong><strong>audi\u2019s NCC to lev<\/strong><strong>erage UNCTAD\u2019s trade + logistics expertise:<\/strong> Saudi Arabia\u2019s independent <a target=\"_blank\" href=\"https:\/\/www.ncc.gov.sa\/en\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">National Competitiveness Center (NCC)<\/a> and the United Nations Conference on Trade and Development (UNCTAD) inked an agreement enabling NCC to benefit from UNCTAD\u2019s expertise in trade, logistics services, e-commerce, and consumer protection, <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2010498\" style=\"\" rel=\"noopener\">Saudi Press Agency (SPA)<\/a> reported. The agreement looks to bolster the Kingdom\u2019s trading systems via studies and research, technical cooperation on capacity building for the review of trade policies and trade agreements, in addition to enabling trade, logistics services, e-commerce and consumer protection, SPA wrote.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE partners with World Economic Forum on digital trade:<\/strong> The UAE\u2019s Economy Ministry and Abu Dhabi Department of Economic Development has partnered with the World Economic Forum to launch the Trade Tech Initiative to boost digitization in international supply chains, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/12luc78-green-trade-major-driver-for-promoting-sustainable\" style=\"\" rel=\"noopener\">WAM<\/a> reported. The initiative looks to improve customs procedures, increase developing economies\u2019 access to global trading systems, encourage trade growth and boost green trade. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>TRADE FINANCE- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trade Bank Iraq (TBI) has received a shipment of an undisclosed amount of imported USD to support <\/strong><strong>the bank's plan to meet its clients demands<\/strong>, the bank said in a <a target=\"_blank\" href=\"https:\/\/twitter.com\/tbiiraq\/status\/1733491351705059372\" style=\"\" rel=\"noopener\">statement<\/a> on X. Last week, an insider in the Iraqi banking industry reported that fresh deliveries of USD, brought in by Iraqi banks, had reached Baghdad International Airport, <a target=\"_blank\" href=\"https:\/\/www.iraqinews.com\/iraq\/trade-bank-of-iraq-receives-shipments-of-us-dollars\/\" style=\"\" rel=\"noopener\">Iraqi News<\/a> reports. The bank had reportedly recently agreed with several international companies to have some USD 120 mn transferred and is expecting to receive another shipment of USDs within a few days, the outlet reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong>Iraq has been implementing several measures to curb the ongoing FX shortage in the country and dedollarize its economy, including limiting FX withdrawals, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/currencies\/iraq-end-all-dollar-cash-withdrawals-by-jan-1-2024-cbank-official-2023-10-05\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported earlier. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AUTONOMOUS VEHICLES-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another SAVI player<\/strong><strong>:<\/strong> UK-based provider of smart-connected electric vehicle charging networks Gridserv is joining Abu Dhabi Investment Office\u2019s (ADIO) SAVI cluster, <a target=\"_blank\" href=\"https:\/\/wam.ae\/article\/aq1tyok-adio-gridserve-power-the-future-mobility\" style=\"\" rel=\"noopener\">WAM<\/a> reported. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">The company\u2019s sun-to-wheel technology platform for EV charging is powered by solar energy and batteries, WAM said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background:<\/strong> The Smart and Autonomous Vehicles Industries (SAVI) cluster, located in Abu Dhabi\u2019s Masdar City, is a fully integrated hub which provides facilities, services, and regulatory support to enable the design, testing and manufacturing of applications for transportation and mobility on air, sea, and land with applications to logistics and other sectors. <a target=\"_blank\" href=\"https:\/\/added.gov.ae\/\" style=\"\" rel=\"noopener\">Abu Dhabi Department of Economic Development (ADDED)<\/a> and ADIO launched the cluster in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/1e1eb5ef-6b34-4932-90be-6851471b118a\" style=\"\" rel=\"noopener\">mid-October<\/a>, with the hub <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ab584946-e7d2-4d62-bc5f-9abc47d58229\" style=\"\" rel=\"noopener\">attracting 30 international firms<\/a> just a few days after it kicked off.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO WORTH KNOWING-<\/strong><\/p>\n<ul>\n<li><strong>Egypt\u2019s SCZ<\/strong><strong>one<\/strong> discussed with a delegation from <strong>Ghana Ports and Harbour Authority<\/strong><strong>expanding cooperation <\/strong>between the two countries in the<strong> ports and logistics sectors<\/strong>. (<a target=\"_blank\" href=\"https:\/\/sczone.eg\/ar\/%d8%b1%d8%a6%d9%8a%d8%b3-%d8%a7%d9%82%d8%aa%d8%b5%d8%a7%d8%af%d9%8a%d8%a9-%d9%82%d9%86%d8%a7%d8%a9-%d8%a7%d9%84%d8%b3%d9%88%d9%8a%d8%b3-%d9%8a%d8%b3%d8%aa%d9%82%d8%a8%d9%84-%d9%88%d9%81%d8%af-%d9%87\/\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>F<\/strong><strong>itch<\/strong> has affirmed <strong>AD Ports\u2019 long-term issuer default rating at an A+.<\/strong> It has also affirmed its <strong>EUR medium-t<\/strong><strong>erm notes programme<\/strong> and <strong>USD 1 bn 2031 senior unsecured notes at A+<\/strong> with <strong>stable outlooks<\/strong>. (<a target=\"_blank\" href=\"https:\/\/www.fitchratings.com\/research\/infrastructure-project-finance\/fitch-affirms-abu-dhabi-ports-company-at-a-outlook-stable-05-12-2023\" style=\"\" rel=\"noopener\">Fitch Ratings<\/a>)<\/li>\n<li><strong>D<\/strong><strong>P World Marin<\/strong><strong>e Services<\/strong> slashed its <strong>carbon footprint by some 16%<\/strong> in <strong>2023<\/strong>from its baseline of 2,118 ktCO2e in 2019.(<a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/news\/releases\/dp-world-marine-services-cuts-carbon-emissions-by-16pc\/\" style=\"\" rel=\"noopener\">Press release<\/a>)<\/li>\n<li>Moroccan airline <strong>Royal Air Maroc<\/strong> and <strong>Afriquia SMDC launched Africa\u2019s first <\/strong><strong>carbon-neutral flight using SAF<\/strong><strong> on Saturday<\/strong> from Mohammed V Airport, Casablanca, Morocco, and landed at Blaise Diagne Airport, in Dakar, Senegal. (<a target=\"_blank\" href=\"https:\/\/twitter.com\/RAM_Maroc\/status\/1733819510522556923?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1733819510522556923%7Ctwgr%5E382c42cf2904d3172e0ded95edb1529350090b0c%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ftwitframe.com%2Fshow%3Furl%3Dhttps%3A%2F%2Ftwitter.com%2FRAM_Maroc%2Fstatus%2F1733819510522556923\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>SHIPPING + MARITIME- DP World + Mitsui ink MoU to boost auto logistics + decarbonization efforts: DP World has signed an MoU with Japanese shipping company Mitsui OSK Lines to explore enhancing Jebel Ali Port\u2019s auto logistics capabilities, according to a statement. The agreement will see the two sides conduct feasibility studies for stocking, enhancing, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":75451,"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":[63],"tags":[62,639,145,17,123,32,641],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-75450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-autonomous-vehicles","tag-aviation","tag-enterprise-logistics","tag-shipping-maritime","tag-trade","tag-trade-finance","wpautop","entry"],"acf":{"mongo_id":"f4f2c9ca-e14a-49e4-9a5c-e1c40d21e918","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/649.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Mitsui to help DP World boost auto logistics at Jebel Ali + New Saudi aviation monitoring body. Plus: More from NCC, the UAE, Trade Bank Iraq, Savi, SCZone and airlines","related_issue":[75430],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.8b96284b-d4a6-4776-9fe6-d5e526819e58.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>Mitsui to help DP World boost auto logistics at Jebel Ali + New Saudi aviation monitoring body - 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\/12\/11\/mitsui-to-help-dp-world-boost-auto-logistics-at-jebel-ali-new-saudi-aviation-monitoring-body\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mitsui to help DP World boost auto logistics at Jebel Ali + New Saudi aviation monitoring body\" \/>\n<meta property=\"og:description\" content=\"SHIPPING + MARITIME- DP World + Mitsui ink MoU to boost auto logistics + decarbonization efforts: DP World has signed an MoU with Japanese shipping company Mitsui OSK Lines to explore enhancing Jebel Ali Port\u2019s auto logistics capabilities, according to a statement. 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