US National Security Advisor Jake Sullivan recently met with heads of UAE, Saudi Arabia and India in Riyadh, lending credence to a report that the three Asian countries are getting together to create a major railway network, Arabian Business reported. American news website Axios, on Friday reported that the US is discussing plans for the railway network, […]
logistics
Posted inNews
UAE’s $3 billion Etihad Rail project begins commercial operations
Etihad Rail, UAE’s National Rail Network, which successfully completed construction in February, has announced the commencement of its commercial operations. “The UAE’s National Rail Network is now complete. Commercial operations start now,” Etihad Rail’s Twitter post read. Etihad Rail’s 1,200 km network will extend across the United Arab Emirates, from the border of Saudi Arabia […]
Posted inNews
ADNOC L&S signs deal for Indian LNG terminal
ADNOC Logistics & Services (L&S) and Atlantic Gulf & Pacific International Holdings (AG&P) have signed their third charter deal to utilise Ghasha, ADNOC’s LNG carrier, as a floating storage unit offshore India. Under the terms of the agreement, the carrier will be used at AG&P’s LNG Import Terminal in India, which will be commissioned in […]
Posted inDownstream
5 ways the supply chain will be impacted due to oil prices
From an average customer’s viewpoint, increase in oil prices mean more expensive fuel costs and expected inflation concerning consumer products. However, volatility in oil prices affects different segments of the industry, especially sectors that rely on oil, based on interdependencies, such as logistics, the F&B industry and consumer goods, among others. However, oil prices have […]
Posted inDownstream
5 busiest shipping routes of 2022 in the growing maritime industry
Container shipping is used to transport more than 95% of all manufactured goods around the world. The shipping industry handles approximately 11 billion tonnes of goods yearly, accounting for the transportation of more than 50,000 vessels globally. The volume of goods carried; traffic conditions; natural circumstances such as wind, current, and weather; piracy; and physical […]
Posted inThe Middle East Energy Awards, Events
Nominate yourself for the Logistics Service Provider of the Year at the Middle East Energy Awards
Nominations will close on 14 October!
The Middle East Energy Awards are set to take place on 24 November in the UAE as a physical event. We’ve been overwhelmed by the positive response from the industry, with nominations pouring in, and so we’re giving everyone another week to get their nominations in. Nominations will close on 14 October. The awards event […]
Posted inProducts & Services
P&O Maritime Logistics completes project supporting Tengiz oilfield development
Over a total of 200,000MT of cargo carried through Russian Inland Water System to Tengiz field
P&O Maritime Logistics, a Dubai-based marine solutions and logistics company, has completed a three-year long project supporting the development of the Tengiz field in Kazakhstan, one of the world’s six largest oil fields, an entire season ahead of schedule. In 2016, P&O Maritime Logistics entered a consortium with Blue Water Shipping to provide a unique […]