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Opec needs to stay the course on output cuts: Saudi minister

Bloomberg The Organization of Petroleum Exporting Countries (Opec) and its allies have much work to do to balance global oil markets and are prepared to do what’s necessary in the second half, Saudi Energy Minister Khalid Al-Falih said. The 24-nation coalition known as Opec+ needs to “stay the course” until June as its job is nowhere near complete in terms ...

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DP World selects Infor GT Nexus to boost supply chain

DUBAI / Emirates Business Global trade enabler DP World has selected the Infor GT Nexus Commerce Network as the technology backbone to power its global supply chain platform initiative. DP World’s objectives for strategic growth require innovative logistics digitalisation capabilities to power a new business initiative that will extend the value of its port and trade facilitation services to customers ...

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Sharjah terminal welcomes India’s MV Port Klang

SHARJAH / WAM Gulftainer, a privately owned independent port operator, welcomed the MV Port Klang from Sunmarine Shipping Services on a maiden call at its gateway flagship Sharjah Container Terminal (SCT). The vessel is one of the shipping group’s fastest services between the Indian subcontinent and the UAE. The MV Port Klang offers the fastest direct express service between Sharjah’s ...

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