AGP Executive Report
Last update: 10 hours agoMaritime Disruption: Super Typhoon Inday (Bavi) has forced Montenegro Shipping Lines to cancel the Lucena City–San Agustin, Romblon route, citing rough sea conditions and urging passengers to monitor updates. Port Recovery: Khalifa Bin Salman Port in Bahrain rebounded sharply after the Strait of Hormuz disruption, hitting its highest monthly general cargo level in two years in June. Air Cargo Capacity: MASkargo and Qatar Airways Cargo launched a twice-weekly Boeing 777 freighter service linking Kuala Lumpur, Bengaluru and Doha, adding 200 tonnes weekly capacity for general cargo, perishables and pharma. Trade & Infrastructure Strategy: Gulftainer unveiled a US$2 billion plan to become a global trade infrastructure player, including expansion at Khorfakkan Port to 5m TEUs and multimodal links via inland logistics parks. Digital Logistics & Compliance: Nigeria’s Galaxy Backbone is ramping up support for banks and fintechs as the CBN pushes local storage of payment transaction data. Energy Market Watch: Oil prices rose for a second day as renewed US strikes on Iran stoked Strait of Hormuz supply-risk concerns. Business Rates Policy: Northern Ireland Finance Minister John O’Dowd urged businesses to respond to reforms on non-domestic vacant rating and a Business Growth Accelerator.
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