Middle East transhipment business set to change after Abu Dhabi signs MSC deal
The future shape of transhipment hub patterns in the Middle East Gulf looks set to ...
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
Some companies and politicians in the US seem peculiarly fearful and distrustful of Middle Eastern companies. This time, it’s not airlines, but ports: a re-run of the county’s “chilling” 2006 decision not to allow DP World to take over US port concessions and stevedoring after it had acquired P&O’s assets. In the latest discriminatory row, Gulftainer, the UAE-headquartered company, opened its Canaveral Container Terminal in Florida on Saturday – but has apparently faced reports in the right wing press claiming that it is supporting Iraqi terrorist groups. The CEO, Peter Richards, is fighting back. “There are a lot of people out there saying a lot of bad things,” he said. “Where they get their facts and figures, where they dream up this garbage I do not know.”
Comment on this article