Middle East Transhipment Hubs Shift from Rivalry to Shared Growth Amid Global Trade Realignment - India Seatrade News
2 Articles
2 Articles
Middle East Transhipment Hubs Shift from Rivalry to Shared Growth Amid Global Trade Realignment - India Seatrade News
The Middle East’s transhipment landscape is undergoing a significant transformation as major regional hubs, once fierce competitors, now experience a shared surge in cargo volumes driven by shifting global trade dynamics. Ports such as Jebel Ali in the UAE, King Abdulaziz Port in Saudi Arabia, and Hamad Port in Qatar are all benefiting from rising transhipment demand amid Red Sea disruptions, re-routed Asia–Europe trade, and increased regional i…
Middle East transhipment evolves as competing hubs now share a cargo boom
The Middle East transhipment business has evolved significantly this year, following the reorganisation of the global shipping alliances, with the three key hubs of Dubai’s Jebel Ali, Abu Dhabi’s Khalifa port, and Oman’s Salalah all enjoying a cargo boom. A reversal in fortunes has been most noticeable at Salalah, which began to see a decline in volumes in 2022, following several years of extremely high yard utilisation that inevitably impacted …
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