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Ports & Shipping

FEATURED REPORT...
Posted: 14-06-2011
UAE. Investors looking for the greatest return on the funds they invest in port infrastructure should look no further than the GCC region, according to research by International Built Asset Consultancy, EC Harris. However, in the other transport sectors the lack of cross-border agreements between each member state could see investors focus their attention elsewhere. The ‘Investment in Transport Infrastructure’ study ranked 17 locations across the globe on the relative attractiveness of their transport sector to potential investors. The criteria used to judge each country covered a br
Posted: May 23, 2013
UAE. While new orders continued to rise sharply, the rate of increase eased to the slowest in a year. Meanwhile, employment levels rose at the fastest pace in two years.
Posted: May 11, 2013
UAE. Supplier of food products has failed to honour LMAA (London Maritime Arbitrators Association) Awards against it, Reed Smith LLP said.
Posted: April 30, 2013
UAE. Non-free zone areas such as Dubai Industrial City and Dubai Investment Park maintain popularity; Modest rental rises across the board.
Posted: April 9, 2013
KUWAIT. The plan to diversify the economy includes boosting crude and gas production, building a metro and rail network, new hospitals, roads, power stations, expanding the airport and building a port on Boubyan Island.
Posted: April 6, 2013
UAE. Fadi Ghandour, founder and recently departed CEO of transport and logistics company, Aramex International, surmises when asked about his reputation for being fearless. "Trying can lead to failure but there's balance in being confident enough to say if I fail - if I fall - I will try again."
Posted: April 4, 2013
UAE. An upsurge in business has sharply boosted imports by the UAE over the past few years to turn into the largest market in the Middle East although it has one of the smallest populations in the region.
Posted: March 25, 2013
INTERNATIONAL. The market continues to struggle and Drewry's latest Tanker Insight report saw the Drewry Tanker Earnings Index suffer a further decline in February.
Posted: March 24, 2013
UAE. "We are well placed in Latin America in key markets," Sultan Ahmed bin Sulayem said. "There are other markets we would like to go to."
Posted: March 20, 2013
UAE. DP World posted a 21% jump in full-year profit, beating estimates as the world's third-largest port operator sold assets to focus on growth in emerging markets.
Posted: March 19, 2013
UAE. Dr. Sultan Al Jaber highlighted the importance of diversification for regional economies and the need to make strategic investments in the Gulf Region during his opening speech at the World Ports & Trade Summit 2013.
Posted: March 13, 2013
UAE. Regional leaders and global experts to gather at third annual World Ports and Trade Summit for two days of lively debate as economic compass swings east.
Posted: March 12, 2013
UAE. "With this partnership Aramex will have multi-modal transportation capabilities, reduced cross-border logistics costs and processes - competitive advantages that strengthen our regional business further."
Posted: March 7, 2013
UAE. Dubai port operator is selling stakes in two container terminals and a logistics centre in Hong Kong as it continues asset disposals in non-core international markets; DP World to book net gain of US$151.
Posted: March 5, 2013
UAE. The company agreed with its five main lenders on terms, including loan repayments over five years; The debt will pay 3-4 percentage points over LIBOR.
Posted: February 27, 2013
UAE. Reciprocal growth opportunities as UAE builds on regional hub status and emerging African powerhouse nations look to develop world-class port operations using successful UAE model.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 23, 2013
UAE. Stock market indices racing ahead but GDP figures do not support the euphoria and commodity outflows fuel the rally; Is there too much liquidity in the banking system?
date:Posted: May 23, 2013
UAE. While new orders continued to rise sharply, the rate of increase eased to the slowest in a year. Meanwhile, employment levels rose at the fastest pace in two years.
date:Posted: May 22, 2013
iNTERNATIONAL. Control over Homs will enable al Assad to rapidly move forces from the north to the south to meet emerging rebel threats. It will also provide a key avenue of retreat to the Alawite coast in the event that he needs to flee Damascus.
UAE. "There is a substantial amount of debt that is coming due in the next few years, and it will be important to manage pro-actively that process. Information and communication with potential market participants will be a key part of this."
INTERNATIONAL. Nothing new is coming online anytime soon and movement on developing renewable energy resources has been sadly inadequate. The idea that shale reservoirs will lead the US to energy independence will soon enough be recognized as unrealistic hype.



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