|
|
|
13.09.26 - 17:12
|
UAE Meets With Iran Leaders As Tehran Teases Oman Shipping Deal (ZeroHedge)
|
|
|
UAE Meets With Iran Leaders As Tehran Teases Oman Shipping Deal
Encouraging diplomatic signals emerged from the Gulf area this weekend as Abu Dhabi's crown prince met Iran's president amid efforts to secure a deal allowing more vessel transits through the highly contested Strait of Hormuz. However, the hopeful signs of de-escalation were overshadowed by days of mounting threats to alternative export routes, with Iran-backed Houthis capturing a strategic island inside another maritime chokepoint in the southern Red Sea and drone attacks shutting Saudi Arabia's East-West pipeline.
Bloomberg cites the UAE's state-run WAM news agency, which reported Sunday that Sheik Khaled bin Mohamed Al Nahyan and President Masoud Pezeshkian discussed de-escalation plans on the sidelines of the BRICS summit in India. The meeting comes as Oman seeks broader de-escalation by bringing Iran and Gulf Cooperation Council members together to discuss shipping access to the Hormuz chokepoint.
Pezeshkian has called fo...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
21.05.26 - 12:21
|
Dubai′s Shipping Hub Status Under Pressure As Some Industry Veterans Eye Greece (ZeroHedge)
|
|
|
Dubai's Shipping Hub Status Under Pressure As Some Industry Veterans Eye Greece
Via Middle East Eye
Some shipping industry workers based in Dubai are looking to relocate from the UAE as a result of the US-Israeli war on Iran, one ship-owner and two industry sources familiar with the matter told Middle East Eye.
Western expats working in the maritime industry are eyeing the Greek capital, Athens , and Cyprus as potential alternatives to Dubai, given those countries' dominant positions in shipping and the favorable tax policies they offer the industry, the sources said.
via AFP
The search for alternatives to Dubai underscores how some expats, particularly westerners with easy access to Europe, do not expect the Gulf to return to its pre-war position anytime soon.
Around 2,000 vessels are trapped in the Gulf as a result of competing US and Iranian blockades of the waterway. But the shipping industry is experiencing a boom as a result of the war. The lockdown of vessels has compressed suppl...
|
|