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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Vessels operating in or near the Persian Gulf, Strait of Hormuz, Gulf of Oman

The Maritime Administration of the Marshall Islands issued an advisory concerning vessels operating in or near the Persian Gulf, Strait of Hormuz and Gulf of Oman. The note highlights that many are the countries that conduct naval exercises and operations in these areas. Thus, this advisory supplements information and navigation warnings routinely provided by other sources.

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