Browsing: logistics

POWERCHINA’s wind portfolio includes the operational 500MW Amunet Gulf of Suez Wind Project and two under-construction projects: 1.1GW Gulf of Suez Wind Project and the 202.5MW Ras Ghareb Wind Project. During the construction of Amunet Wind Farm, temperatures exceeding 40 degrees Celsius, strong winds, sand erosion and complex geological conditions presented significant construction challenges. POWERCHINA optimized concrete temperature control, scheduled concrete pouring outside the hottest daytime hours, and monitored wind speeds during turbine installation. Amunet Project achieved project acceptance certificate earlier than contractual obligation and also received 2025 RoSPA Health and Safety Award.

RAMINVEST HOLDING DIFC today unveiled an integrated commodities ecosystem connecting international suppliers, African buyers, producers and institutional counterparties. At its centre is WINCOMMODITIES, a B2B fulfilment platform giving international exporters access to African markets through consignment inventory held in bonded warehouses. Under the model, exporters place commodities into bonded hubs while retaining title to their goods. Inventory is then sold locally, based on cash-&-carry, in the quantities buyers require, broken lots included, removing the dependency on full-container or vessel-sized transactions. Rather than a conventional marketplace, the ecosystem connects the layers a physical commodity transaction needs: sourcing, inventory positioning, warehousing, logistics, settlement and trade finance.

South Korea has launched its inaugural container vessel trial navigating the Arctic route to reach Europe. The 2,758-TEU PanStar Acro departed Busan New Port around 9 p.m. on August 22. The Ministry of Oceans and Fisheries verified the departure and issued the schedule for the voyage. The vessel will traverse the Northern Sea Route before stopping at three European ports. The entire round trip, expected to take 45 days, is scheduled to conclude back at Busan on October 5.

Europe’s extreme heat and drought are adding new pressure to the EU economy in 2026. (AI-generated image) Triodos Bank examined four primary pathways: labour productivity, agriculture, energy production, and transport and logistics. It concluded that a decrease in labour productivity alone could cut EU GDP by around 0.6%, making it the most significant single factor. The bank also projects a 3% to 7% decline in EU agricultural output due to heat and drought conditions. Additionally, diminished power generation, rising electricity costs, and disruptions in transport contribute further to the economic damage across the continent.

The event aims to assemble trade officials, technology policymakers, business leaders, and other stakeholders. The central theme, “AI and Trade: Turning Potential into Progress,” will steer discussions centered on artificial intelligence and its impact on international commerce. The focus will be on policies designed to broaden access to AI tools while fostering a more inclusive approach to global trade.

UAE Minister Abdulla bin Touq Al Marri and Gujarat CM Bhupendra Patel attend Investopia Dialogues in Ahmedabad to bolster ties. The post UAE investment platform Investopia hosts fifth India edition appeared first on Arabian Observer: Observe more. Understand Arabia..

World Bank says 18% of MENAAP residents face food insecurity as regional demand is projected to rise 67% by 2050, with food systems strained.

Sheikh Khaled bin Mohamed arrived in Beijing for a three-day China visit aimed at deepening UAE-China ties, trade links and cooperation across key sectors.

UAE and Japan concluded CEPA negotiations in Tokyo, paving the way for a trade and investment pact aimed at expanding commerce and cooperation across sectors.

Sheikh Mohamed and Brazil’s Lula discussed UAE-Brazil cooperation, including Mercosur trade talks, technology, renewable energy, space and logistics.