Dubai ranks fifth globally and first in the Arab world as a top maritime hub, with Jebel Ali Port driving growth and sustainability, says 2025 index
commercial shipping
Latest in commercial shipping
commercial shipping
CMA CGM warns of steep drop in shipping demand in 2023 amid deteriorating market monditions
French shipping giant CMA CGM cited a sharp decrease in freight rates, geopolitical tensions and economic uncertainty
Abu Dhabi
Abu Dhabi’s Al Seer Marine targets $100 million in new deal with Singapore’s Netbulk
Al Seer Marine, a global leader in marine services, aims to increase its fleet to become the largest in the MEA market
Aramex
Dubai’s Aramex announces launch of start-up focused Aramex Go in Saudi Arabia
Launch comes as Saudi Arabian authorities continue to deregulate the start-up sector in a bid to expand entrepreneurism in the kingdom
commercial shipping
Shipping container shortage to continue ‘well into 2022’, says leading GCC port operator
Mark Hardiman, CEO of the Port of Salalah, in Oman, admitted the schedule reliability around the world has been a ‘major issue’, with vessels continuing to be delayed in China and the Far East, Europe and, mostly, on the west coast of the US
commercial shipping
Shipping major SMG eyes growth after securing $45m financing
Stanford Marine Group appoints new board following the completion of a debt buyout by Shuaa Capital earlier this year
air freight
Why UK red list status is hitting the bottom line of UAE businesses
UAE’s presence on UK’s red list hits businesses in the UAE that rely on the flights for freight shipments, where costs are offset by passengers’ ticket prices, have borne the brunt of the restrictions
commercial shipping
Dubai shipping major completes $54m debt restructuring
Gulf Navigation Holding says working on reaching an agreement with the majority of lenders on new and flexible terms
commercial shipping
Explosion rocks Singapore-flagged tanker off Saudi port
No group has so far claimed responsibility for the blast on the tanker BW Rhine
airport operations
Video: How coronavirus is changing global shipping routes
The pandemic has put intense pressure on the flow of ships from Asia to the west.
Bab al-Mandab Strait
UAE joins alliance to protect crucial shipping routes
UAE announces it has joined the US-led International Maritime Security Construct following tanker attacks in region
commercial shipping
Saudi Arabia joins US-led plan to secure shipping lines
International Maritime Security Construct’s area of operation covers the Strait of Hormuz, the Strait of Bab al-Mandab, the Gulf of Oman and the Gulf
Bahri
Saudi’s Bahri says impacted by growing shipping tensions
Bahri CEO says half-year financial results reflect ‘the difficulties that the region is going through’
