DP World is one of seven firms handling over 40% of the world’s container traffic
Seven major firms manage over 40% of global port throughput.
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Seven major firms manage over 40% of global port throughput.
UAE and Israel were particularly hard hit this past quarter as tensions continue on the Red Sea
The region’s firms are leveraging tech and AI to tackle supply chain disruptions
Countries with Red Sea Ports could lose around 1% of GDP on average if disruptions persist till the end of…
Further global economic deceleration is anticipated in 2024 by UNCTAD
GCC states buoyed regional performance
Shifting trade patterns are expected to converge on two potential pathways, trade concentration vs. trade diversification
Some 586 container vessels have been rerouted away from the Suez Canal in the first half of February
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