{"id":95590,"date":"2026-05-06T00:00:00","date_gmt":"2026-05-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?p=95590"},"modified":"2026-05-06T06:06:04","modified_gmt":"2026-05-06T06:06:04","slug":"today-oman-merges-fuel-supply-and-port-services-under-o-bunkering","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2026\/05\/06\/today-oman-merges-fuel-supply-and-port-services-under-o-bunkering\/","title":{"rendered":"TODAY: Oman merges fuel supply and port services under O Bunkering"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, ladies and gents. <\/strong>We have a brisk read this morning \u2014 and a short break from disruption-led issues. However, despite Iran's strikes on the UAE, US Defense Secretary Pete Hegseth <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/middle-east-truce-doubt-us-iran-fight-control-strait-hormuz-2026-05-05\/\" style=\"\">has maintained<\/a> that the truce still holds. President Donald Trump <a target=\"_blank\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/116524418935002706\" style=\"\">announced<\/a> a \u201cshort\u201d pause in US escort missions through Hormuz pending a possible agreement \u2014 even as Maersk\u2019s Alliance Fairfax just <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/urgent-maersk-says-subsidiarys-us-flagged-vehicle-carrier-transits-strait-hormuz-2026-05-04\/\" style=\"\">completed<\/a> the first military-guarded commercial transit out of the Gulf.<\/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 href=\"https:\/\/sub.ent.news\/menaplus\/\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/5\/258.gif?ssl=1\"\/><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Riyadh to Mumbai. Abu Dhabi to Singapore. Dubai to London. Cairo to Shenzhen.<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The most important business stories in MENA aren\u2019t happening inside MENA anymore<\/strong> \u2014 they\u2019re happening at the edges, where regional capital meets global ambition.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM MENA+ is our new flagship newsletter<\/strong>, built to cover the flows of capital, people, and ideas across the Middle East \u2014 and beyond it. AI, geopolitics, the war for talent, sovereign wealth strategy, the changing energy economy, and the new corridors reshaping global trade.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/sub.ent.news\/menaplus\/\" style=\"\">Tap or click here to get your own copy<\/a><\/strong> delivered to your inbox every Monday, Wednesday, and Friday at 12pm UAE | 11am KSA | 11am Egypt.<\/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\">\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>  TRADE \u2014 Egypt\u2019s Investment Ministry just slapped a USD 90 per <\/strong><strong>ton export fee on all <\/strong><strong>nitrogen fertilizers<\/strong> <strong>for the next three months<\/strong>, according to a decree published in the Official Gazette. Together with the natural gas price hike, these moves squeeze producers by simultaneously raising domestic production costs \u2014 <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/egypt-manages-dual-food-and-fertilizer-crisis-as-hormuz-storm-hits\/\" style=\"\">roughly 70%<\/a> of which is attributed to natgas \u2014 and taxing their final outbound shipments.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters:<\/strong> One of two things is in play here. Behind door number one: The Egyptian government wants a larger slice of the windfalls local exporters are generating amid global supply chain shocks. With Hormuz closed, Egyptian producers are <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/egypt-manages-dual-food-and-fertilizer-crisis-as-hormuz-storm-hits\/\" style=\"\">filling the global gap<\/a> and charging buyers up to <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/21\/egypt-on-track-to-clear-outstanding-arrears-to-iocs-by-end-of-june\/\" style=\"\">USD 890 per ton<\/a> for urea \u2014 nearly double the pre-crisis price. Behind door number two: Food security concerns. Policymakers aim to keep more fertilizer at home to hedge against any further downstream price shocks.<\/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>  <\/strong><strong>ENERGY<\/strong><strong> \u2014 QatarEnergy has extended force majeure on its LNG <\/strong><strong>supply <\/strong><strong>until<\/strong><strong> mid-June<\/strong> as the strait remains effectively shut to tanker traffic, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-05-04\/qatar-extends-force-majeure-on-lng-supply-through-mid-june\" style=\"\">Bloomberg<\/a> reports, citing people it says are familiar with the matter. \u201cThey are giving the understanding that as soon as the situation normalizes, they will start the operations and they will start supplying the gas,\u201d India\u2019s Petronet Managing Director Akshay Kumar Singh <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-05-04\/india-s-petronet-lng-sees-no-clarity-on-qatar-supply-for-june\" style=\"\">said<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Force majeure this, force majeure that:<\/strong> QatarEnergy invoked the contractual clause back in <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/05\/conflict-spreads-into-different-countries-and-more-sectors\/\" style=\"\">March<\/a> at the start of the conflict, along with Aluminium Bahrain, <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/14\/today-can-a-port-blockade-squeeze-iran-without-closing-hormuz\/\" style=\"\">Emirates Global Aluminium<\/a>, <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/21\/today-irans-toll-play-for-hormuz-passage-relies-on-loopholes\/\" style=\"\">Kuwait Petroleum<\/a>, and Bapco Energies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cOnce you cut production, it's not like a light switch; you can't really turn it back on <\/strong><strong>again<\/strong>,\u201d CSC Commodities Energy Analyst Sasha Foss <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/\" style=\"\">previously told us<\/a>. \u201cThese reservoirs will take a lot of work to get them pumping back again to maximum production, so you risk long-term damage in terms of the production figures, which is what the market is scared of,\u201d Foss said. This is kind of the scenario that they feared: \u201cthey really want to fulfill their term contracts,\u201d he added.<\/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=\"wwtt3\"><\/a> CARGO \u2014 UAE players look to boost cargo flows: <\/strong>Some of the UAE\u2019s logistics heavyweights are teaming up to improve intermodal logistics flows in the Emirates. AD Ports, CMA Terminals Khalifa Port, and shipping giant CMA CGM Group <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2026\/05\/05\/ad-ports-group-cma-terminals-khalifa-port-and-cma-cgm-group-sign-mou\" style=\"\">inked an MoU<\/a> to streamline movement between rail depots, dry ports, and cargo depots. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Target areas: <\/strong>The cooperation between the three sides aims to boost movement through the northern Emirates, as well as into Oman and Saudi Arabia. The UAE and Oman are already partnering on a <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2024\/10\/10\/bank-consortium-extends-usd-1-5-bn-loan-for-uae-oman-hafeet-rail\/\" style=\"\">USD 2.5 bn rail project<\/a>, which is set <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/10\/27\/hafeet-rail-to-add-new-oman-emirates-freight-line\/\" style=\"\">to include a freight service<\/a>. <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/03\/18\/this-morning-dubai-oman-team-up-to-bypass-logistics-bottlenecks-ihc-signs-off-on-buyback-program-up-to-aed-5-bn\/\" style=\"\">Earlier in the war<\/a>, the two countries also teamed up in a temporary joint corridor to expedite procedures for sea and air cargo via Oman, which is located outside of Hormuz.<\/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 dipped this morning as hopes rose for resumed Middle East supply after <\/strong><strong>Trump hinted at an Iran peace agreement, <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-prices-little-changed-ceasefire-holds-us-crude-stocks-fall-2026-05-05\/\" style=\"\">Reuters<\/a> reports. Brent crude futures slipped USD 1.89 to trade at USD 107.98 \/ bbl by 03.40 GMT, while US West Texas Intermediate (WTI) declined USD 1.83 to USD 100.44.<\/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 continues to inch up: <\/strong>The Baltic Exchange\u2019s dry bulk index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\">rose 3.7%<\/a> to 2,832 points, driven by the bigger vessel segments. The capesize jumped 5.8%% to 4,703 points, while the panamax index gained 2.6% to 2,054. The smaller supramax shed 0.8% to 1,508 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>35<\/strong><strong>% \u2014 that\u2019s how much transit trade volumes grew y-o-y in 1Q<\/strong>, Egyptian Finance Minister Ahmed Kouchouk <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/1AtDX3HYdk\/?mibextid=wwXIfr\" style=\"\">said<\/a>. The increase coincides with a rollout of exceptional customs facilitations, including the clearance of transit shipments without prior ACI registration and the introduction of alternatives to upfront cashbased ins. to ease investor burdens.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next?<\/strong> A package of 40 tax and customs measures is set to be implemented within weeks, targeting faster clearance times and smoother cross-border trade.<\/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\">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 10:15am 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=\"\">Tap or click here<\/a> to get your own copy of EnterpriseAM 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=\"\">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=\"\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\">Saudi Arabia<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\">the UAE<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\"><\/a> ? <strong>***<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What we\u2019re tracking this morning regionally and around the world<\/p>\n","protected":false},"author":1,"featured_media":95591,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[980],"tags":[49,17,983,153,123,32,16],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-95590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today-2","tag-egypt","tag-enterprise-logistics","tag-oil-gas","tag-qatar","tag-shipping-maritime","tag-trade","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"e5a33480-ba38-4c33-8cb3-c654eb74586b","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/4\/995.jpg","photo_position":"above","homepage_title":"","full_issue_title":"TODAY: 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