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 ...
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.”
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Alex Lennane
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