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DECARBONIZATION-
DP World cuts diesel from London Gateway operations: UAE-based DP World’s UK logistics hub is now diesel free after switching diesel-engine equipment and installations to hydrogenated vegetable oil at its London Gateway, according to a statement. The move is expected to decrease carbon emissions by 26% by the end of 2024.
TRADE-
The Arab Trade Line is primed to serve as Jordan’s permanent link to the Mediterranean Sea, CNN reports, citing comments made by General Manager of the Arab Bridge Shipping Company Adnan Al Abadla. The route — which became active almost two weeks ago and links the Jordanian port of Aqaba and Egypt’s Nuweiba — will offer an alternative for Jordanian exports to the United States and Europe. The Aqaba-Nuweiba line is poised to be in high demand due to its cost-effectiveness, speedy procedures, and 18-day average arrival time.
The line is expected to see competition from nearby ports as well as coordination issues with shipping lines operating in Egyptian ports, Al Abadla explained. The ongoing Red Sea crisis has also heightened costs, delays, and disruptions in Aqaba's shipping traffic.
OTHER STORIES WORTH KNOWING THIS MORNING-
- Qatar adds a third Indonesian location: Qatar Airways has launched three flights a week from Hamad International Airport Doha to Kualanamu International Airport in Medan, Indonesia. (Statement)
