EFL’s Post

Credit to PortCalls April 1, 2024 Philippine (PH) 2023 exports top $100B, up 4.8% https://lnkd.in/g4gta52x ● The country’s exports of goods and services breached the US$100 billion mark in 2023 ● Exports reached $103.6 billion last year, up 4.8% year-on-year due to the strong performance of the services as well as information technology and business process management sectors and a turnaround in tourism revenues ● Services exports emerged as a powerhouse, with the sector experiencing a significant expansion of 17.4%, driving much of the overall export growth

Logistical problems? Sukhin solutions will get you back on track! #logistics #freightforwardingservices #freightforwarders #cargoinsurance #exim #internationalbusiness #export #import #education #university #vicepresident #chairman #ceo #generalmanager #tourism #hospitality

Air Vanuatu has suspended international flights until May 12 (inclusive) while its owners, the Vanuatu government, figure out whether to file for voluntary administration or not. At least 20 flights to Brisbane, Sydney, Auckland, and Noumea are cancelled and the airline says the resumption of flights is not guaranteed. "The Vanuatu Government is now considering placing Air Vanuatu, the national carrier of Vanuatu, into voluntary administration," a May 9 statement from the airline reads. "The international firm Ernst & Young has been appointed to assist the Vanuatu Government in reviewing available options and put forward recommendations to the Vanuatu Government." Air Vanuatu has been in a world of pain for some time, with its only jet out of service for maintenance. The airline has been forced to rely on wet leasing aircraft from partner airlines to maintain its schedules. Piling on the pressure, last week a former lessor launched court action against the airline to try to collect a AUD1.9 million damages payout awarded to it in a previous legal dispute. The timing is interesting. Update: Since this post first went up, the airline has filed for voluntary administration. #airlines #news #vanuatu #bankruptcy #grounded #travel

At least 2 people have reached out to me to register travel and tours company When I tell them the cost, they always run away Travel and tours no be for small 'shudren' o It's a 30 million shares company, the companies we register at 60k are 1 million shares company So most companies can be registered as 1million minimum share capital but there are some that cannot fly for that = Participation of Foreigner as Director/Shareholders -- 100 million shares = Travels & Tours -- 30million shares = Security company -- 10million shares = Clearing & Forwarding -- 5million shares = Agricultural Seed (Processing, Production and Marketing) -- 10m Shares = Stockbroker -- 200m Shares = Bureau De Change -- 35m Shares = Lottery -- 5million = Shipping Company/Agent -- 25million Shares = Cabotage Trade -- 25million Shares = Air Transport Training Institutions -- 2million Shares = Air Transport (Regional - 1billion Shares. International - 2 billion, Local - 500m Shares) = Agents of Foreign Airlines - 1m Shares = Investment Adviser (Individual - 2m, Corporate - 5m shares)

The small island developing nation taps digitalization to transform port operations and empowers women to excel in a traditionally male-dominated profession. Ilyas Mohamed is the chief operating officer of Maldives Ports Limited (MPL) and a graduate of the two-year TrainForTrade port management course offered by UN Trade and Development (UNCTAD). He credits the programme with helping digitally transform Male Port operations, which handle about 90% of cargo entering the Maldives. Ports and maritime transport are an essential lifeline for the South Asian nation, ensuring that imports, food, water and medicine, reach the half a million Maldivians spread across more than 1,000 islands in the Indian Ocean. The Maldives is a longstanding member of the TrainForTrade programme, a top contender for the 2023 UN Secretary-General Awards. Over the years, the island nation has leveraged the innovative training methods and technological solutions to enhance port operations and empower women in a traditionally male-dominated sector. Full story: https://ow.ly/BCqX50SObPS

Alexandria Chamber of Shipping Discusses Maritime Expansion with Egypt’s Transport Minister Shipping Arabia, August 06, 2024 — In a significant step towards strengthening Egypt's maritime and transport sectors, Major General Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, met with the newly elected Alexandria Chamber of Shipping Board of Directors at the Ministry of Transport headquarters in New Alamein City. The meeting was part of ongoing efforts to deepen cooperation within the maritime sector and featured discussions on several strategic initiatives. The assembly, led by Mr. Mohamed Moselhy, Chairman of the Alexandria Chamber of Shipping, was attended by Admiral Nehad Shaheen, Deputy Minister of Transport. The discussions focused on enhancing the operational capabilities of Egyptian ports and aligning them with global trade requirements, a priority underlined by recent developments in the city aimed at boosting both tourism and trade, particularly yacht tourism. Major General Kamel El-Wazir emphasized the significant potential of New Alamein City as a vibrant hub for tourism and transport. The meeting also highlighted ongoing projects that support the Ministry's strategic goal to transform Egypt into a pivotal global hub for trade and logistics, aligning with the directives of Egypt’s political leadership. The delegation from the Alexandria Chamber of Shipping acknowledged the warm reception and the progressive vision of the Ministry of Transport. They expressed a strong commitment to ongoing collaboration, aiming to enhance Egypt's stature in the global maritime industry and to ensure that the nation’s ports continue to serve as key conduits in international trade. This engagement underscores the proactive steps being taken by Egyptian authorities to foster economic growth and capitalize on the strategic geographic positioning of its ports, reinforcing Egypt's role as a major player in global maritime logistics. Source: Alexandria Chamber of Shipping #Alexandria #Egypt #Maritime #Transportation #Logistics

Knowing logistics is important for you understand the current economical situation of our country, we'll help you become wise each day starting from today! #logistics #freightforwardingservices #freightforwarders #cargoinsurance #exim #internationalbusiness #export #import #education #university #vicepresident #chairman #ceo #generalmanager #tourism #hospitality #creativity #innovation #socialmedia #academy #institute #maritimeeducation #shippingworldwide #vessel #containershipment #cargo #truckingindustry #careeropportunities

Dubai remains a top five maritime hub due to strategic initiatives and innovation. - Enhances competitiveness through Instruction No 1 for 2023, building stakeholder trust. - Aligns with global sustainability and decarbonisation trends. - Only Arab city in the top 20, showcasing a unique role in regional economic diversification. - Acts as a potential model for other emerging maritime cities as global dynamics evolve. Dubai’s proactive measures solidify its leadership in maritime practices and regional influence.

Airports are important parts of the infrastructure that supports import and export of cargo, international corporate travel, and international tourism. Understanding the current and future needs of businesses and travelers helps those involved in infrastructure assessment and planning make informed decisions. The Global Resources office within the Kansas Department of Commerce's International Division is assisting the Wichita Dwight D. Eisenhower National Airport (ICT) by collecting feedback from businesses that import or export, and from individuals who travel internationally for business or other purposes. As ICT contemplates potential expansion of its customs port, the survey will help identify the needs of Kansas businesses and travelers. Businesses and travelers can take part in the ICT Customs Expansion survey: https://lnkd.in/gtTKqE8m Kansas Department of Commerce #Wichita #Airport #Kansas #Customs #Cargo #International #Import #Export #TradeInfrastructure