Saudi Red Sea ports a cargo lifeline for Gulf importers as Hormuz falters
With the conflict in the Persian Gulf showing no signs of abating, Saudi Arabia’s Red ...
MATX: SMASHING RECORDSDHL: NEW HIGHSPLD: PAY UPCHRW: WAITING FOR THE NEXT EARNINGS BEATMAERSK: DEAL TIME FOR THE OWNERSDHL: ASSET POWERCAT: TIME TO SELLMAERSK: UPGRADEMAERSK: ANOTHER UPGRADE HITS THE WIRES
MATX: SMASHING RECORDSDHL: NEW HIGHSPLD: PAY UPCHRW: WAITING FOR THE NEXT EARNINGS BEATMAERSK: DEAL TIME FOR THE OWNERSDHL: ASSET POWERCAT: TIME TO SELLMAERSK: UPGRADEMAERSK: ANOTHER UPGRADE HITS THE WIRES
Is that a small sunbeam of optimism breaking through the clouds (metaphorical, of course) hanging over Middle East container supply chains? Authorities in Abu Dhabi have said that Qatari-bound goods, as well as Qatari exports, are now allowed to transit the United Arab Emirates container gateways, principally the huge transhipment hub of Dubai, and Abu Dhabi’s own emerging facilities at Khalifa. However, Maritime Executive also reports that the wider ban imposed by the UAE along with Saudi Arabia, Egypt and Bahrain remains in place, and Qatari-flagged ships continue to be banned from the four nations’ ports.
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