|
|
Article: Region's maritime industry 'weathering the storm'.
- Article from:
- Albawaba.com
- Article date:
- October 15, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Summary: Impact of global economic crisis on shipping and ports in region and prospects
Impact of global economic crisis on shipping and ports in region and prospects for recovery under spotlight at Middle East Money & Ships conference
Confidence was voiced today (Wednesday 7 October 2009) that the Middle East shipping and port industries, battered by the global trade slowdown and economic turmoil, will "emerge stronger than ever" from the crisis. "We are weathering the storm," Mohammed Al Muallem, Senior Vice President and Managing Director of DP World, United Arab Emirates region, told delegates in a keynote address at the Middle East Money & Ships ...