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 ...
BA: NEW LOWS ON THE RADARMAERSK: OUTPERFORMING DSV: WEEKLY UPDATE GM: AUTO WOES HERE TO STAY WMT: FULFILMENT AND MARKETPLACE APPEAL RXO: DOWN TO NEW EQUITY PRICING VALUEAMZN: UK DATA CENTRES INVESTMENTUPS: GERMAN BOLT-ON DEALAAPL: PAY YOUR DUESWTC: LOST FOR WORDS DSV: STEADY DOES ITRXO: COYOTE EQUITY FUNDING 'UPSIZED'RXO: RIGHTS ISSUEGXO: DEFENSIVEMAERSK: MSC RIVALRY INTENSIFIESWTC: REMARKABLY STRONG BA: LABOUR DEAL
BA: NEW LOWS ON THE RADARMAERSK: OUTPERFORMING DSV: WEEKLY UPDATE GM: AUTO WOES HERE TO STAY WMT: FULFILMENT AND MARKETPLACE APPEAL RXO: DOWN TO NEW EQUITY PRICING VALUEAMZN: UK DATA CENTRES INVESTMENTUPS: GERMAN BOLT-ON DEALAAPL: PAY YOUR DUESWTC: LOST FOR WORDS DSV: STEADY DOES ITRXO: COYOTE EQUITY FUNDING 'UPSIZED'RXO: RIGHTS ISSUEGXO: DEFENSIVEMAERSK: MSC RIVALRY INTENSIFIESWTC: REMARKABLY STRONG BA: LABOUR DEAL
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