LUNAR NEW YEAR HOLIDAY NOTICE (YEAR OF THE HORSE)
Dear Valued Customers and Partners,
Octopus Logistic & Trading JSC would like to inform you of our Lunar New Year (Year of the Horse) holiday schedule as follows:
The International Federation of Freight Forwarders Associations (FIATA) Congress 2023, themed "Logistics in the Context of Climate Change," brought together over 1,000 delegates from 80 countries. This year, the congress addressed the latest challenges, innovations, and trends in the logistics industry in adapting to climate change and the evolving global business environment.
"The maritime giant" Maersk of Denmark, which handles 90% of global trade volume, faces the possibility of disruptions due to conflicts unfolding worldwide.
Experts believe that global inflation could become more severe if the costs of shipping goods across the Red Sea continue to rise, amidst the backdrop of Yemen's Houthi rebels attacking ships passing through the region since late November 2023