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Logistics & Trade

Ports, shipping, aviation cargo, warehousing and trade

Industry News
Source: Gulf Business

G7 Agrees on 100-Million-Barrel Oil Release to Stabilise Energy Markets

Group of Seven leaders have agreed to release 100 million barrels of crude oil and fuel reserves over four months to address surging energy prices and market volatility. The coordinated plan, executed through the International Energy Agency, frontloads a substantial volume of diesel during the first 20 days. The group also committed to synchronising refinery maintenance schedules and urged the full restoration of navigation in the Strait of Hormuz.

Industry News
Source: Arabian Business

Arctic Trade Route Surges as Shippers Seek Alternatives to Suez and Hormuz

Maritime traffic along Russia's Northern Sea Route reached 133 voyages in September, more than quadrupling the level from 2022 as operators seek alternatives to vulnerable Middle Eastern chokepoints. Chinese shipping operators are stepping up Arctic operations, with the container vessel Dubai Tower completing a 24-day journey from Qingdao to the UK. While Arctic transit reduces voyage lengths compared to Suez Canal routes, high operational costs and insurance considerations remain key challenges.

Industry News
Source: IndexBox

UAE, Kazakhstan, and Uzbekistan Sign Railway MoU for Central Asia–South Asia Corridor

The UAE, Kazakhstan, and Uzbekistan have signed a trilateral memorandum of understanding to cooperate on the Central Asia–South Asia railway project. Signed in Astana during an official visit led by UAE Energy and Infrastructure Minister Suhail bin Mohammed Al Mazrouei, the agreement initiates technical and economic feasibility assessments. The three countries also plan to discuss establishing a joint working group to coordinate technical, financial, and implementation mechanisms for the cross-border route.

China–UAE News
Source: 36 Kr

Dubai Delegation of 100+ Officials and Executives to Visit Shenzhen in October

Over 100 senior government officials and corporate executives from Dubai will convene in Shenzhen on October 14 for the fifth Dubai Business Forum. Led by Dubai Chambers Chairman Sultan bin Saeed Al Mansoori, the delegation aims to align bilateral opportunities around Dubai's D33 Economic Agenda, cross-border investment, and artificial intelligence. Official bilateral non-oil trade between the UAE and China reached AED 180.7 billion in the first half of 2026.

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