Saudi Arabia PIF
ID 296165835 © Mohamed Ahmed Soliman | Dreamstime.com

We just got another reminder of how political shipping and logistics have become.

As also confirmed now in our circles after talks that started earlier this year – Saudi Arabia’s top sovereign wealth fund PIF (Public Investment Fund) is considering pooling its logistics investments and building one global player, essentially following what Dubai (with DP World) and Abu Dhabi (with AD Ports via Noatum Logistics) started well before them. The US-Iran war could be the accelerant.

After all 

In shipping, geopolitics have returned ...

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