Tag: Persian Gulf

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US sanctions and shipping tensions affect DP World’s cargo volumes

As Bloomberg reports, the US sanctions against Iran and Abu Dhabi's competition are having a negative impact at DP World Plc's ports in Dubai, who are seeing a less cargo volumes for a fifth year in a row. Drewry focuses on the fact that the Dubai's container volumes have also been affected by the restrictions on cargo shipments to Qatar because of an embargo by the UAE and additional Arab nations.

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