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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: February 26, 2013
UAE. First investment fund established by APICORP; Initiative is also first fund in the region targeted at a specific vessel category; Fund, co-managed by Tufton Oceanic.
Posted: February 19, 2013
UAE. Multichannel retailers seeking new facilities and requiring larger spaces drive demand in the world's leading cities.
Posted: February 12, 2013
UAE. Sea-air-rail links instrumental in leveraging potential for future economic growth; maritime leaders head to World Ports & Trade Summit 2013 to examine intra-regional opportunities.
Posted: February 5, 2013
UAE. The 100 million TEU record was achieved between January 2003 and January 2013 and covers all container boxes handled in both Mina Rashid and Jebel Ali Port; Dubai's annual container throughput increased more than 150% in the last decade.
Posted: January 29, 2013
UAE. Container volumes rose 2.4% to 56.1 million twenty- foot equivalent units across it operations last year, the world's third-largest port operator said
Posted: December 27, 2012
UAE. The developer and operator of the UAE's national railway network said the first shipment of wagons, to be used in Stage One of the rail project linking Shah and Habshan to Ruwais in the Western Region, arrived earlier this week at Mina Zayed.
Posted: November 30, 2012
INTERNATIONAL. The measure would target Iran's main sources of revenue and seek to prevent it from evading sanctions by buying gold with local currency earnings.
Posted: November 27, 2012
UAE. Vessels above 10,000 TEU in demand as ship operators look for economies of scale - Key regional maritime figures discuss industry challenges at Seatrade Middle East Maritime event in Dubai.
Posted: November 26, 2012
UAE. Impact of global economic situation on trade to command agenda at biennial maritime summit, which opens today.
Posted: November 18, 2012
UAE. Northern Gulf infrastructure tops the agenda at Seatrade Middle East Maritime 2012 as Kuwait looks to capitalise on its strategic location with new port facilities as regional market competition intensifies.
Posted: November 9, 2012
INTERNATIONAL. Piracy off the coast of Somalia has dropped off dramatically in 2012. Successful ship hijackings have decreased from 31 in 2011 (and 49 in 2010) to only four so far in 2012.
Posted: November 6, 2012
UAE. KSA pushes ahead with maritime investment programme as demand drives need for increased capacity - key projects to be showcased at Seatrade Middle East Maritime 2012.
Posted: October 31, 2012
EGYPT. Citadel Capital has invested more than US$200 million on barges, ports and storage facilities that are already handling shipments of wheat, cement and phosphate. Within five years, the share of cargo moved by river may jump to at least 15%, according to Stephen Murphy.
Posted: October 31, 2012
UAE. Port activity is often seen as a bellwether of the general economic climate.
Posted: October 20, 2012
SAUDI ARABIA. Bahri will become the exclusive provider of VLCC crude oil shipping services to Saudi Aramco for crude oil sold by Saudi Aramco on a delivered basis.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 17, 2013
EGYPT. The Egyptian government has taken tentative steps towards reducing the roughly US$20 billion subsidy system that supporters say provides vital aid to the one-in-four Egyptians in poverty, and critics say is unsustainable and enriches the corrupt.
date:Posted: May 17, 2013
UAE. Red Hat's Mark Little and Tom Llewellyn explain how Large-scale Elastic Architecture for Data-as-a-Service (LEADS) will enable enterprises to leverage all of the public data on the web against privately held data.
date:Posted: May 17, 2013
UAE. For those businesses yet to participate in the Middle East healthcare sector expansion, there is still time; investment in the field will be sustained, if only because of investment by the Saudi government.
UAE. Saudi Arabia's SABIC clinched the number one spot with net profits of US$6.6 billion and US$90.2 billion in total assets; Qatari companies top the banking, industrials, insurance, transport and retail sectors; The real estate sector is back on track.
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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