AGP Executive Report
Last update: 7 hours agoCanal Watch: Panama Canal will cut daily transit slots from 36 to 34 starting Sept 3, then to 32 from Sept 15, as El Niño-driven drought lowers water levels—raising pressure on global schedules. Middle East Shipping: Strait of Hormuz crossings fell to seven cargo ships on Thursday (about half the prior day), with no very large oil or LNG tankers passing, while Brent rose above $94. Port & Logistics Expansion: DP World says its inland network has moved 500,000 TEUs overland since March, adding 700 trucks for more domestic and cross-border capacity. Warehousing & E-commerce: SM Prime opened a 40,000-sqm Pasig hub for Shopee partner SPX Express, lifting combined logistics space for SPX and Scommerce to 126,000+ sqm. Energy Storage Supply Chain: ISGF and LDES Council signed an MoU to speed long-duration energy storage in India, including a Centre of Excellence. Bio-fuel Shipping Trial: Olam Agri and Vitol Bunkers completed Singapore’s first co-processed VLSFO bio-bunkering using CNSL. Local Trade Friction: Vietnam’s seafood and leather groups warn that delays in issuing certificates of origin are slowing exports after authority shifted to local departments.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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