Recession in the industrialised world, falling trade volumes and the uncertain global economic outlook are affecting Middle Eastern economies as much as anywhere else in the world.
The impact of the economic downturn on the region’s ports is far from uniform. New terminals continue to be developed and leading port operators are providing stiff cross-border competition to each other as they compete to establish hub ports of global importance....
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This complete item is approximately 2000 words in length, and appeared in the June 2009 issue of WorldCargo News, on page 15.
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