By Jonathan Saul and Tom Arnold LONDON/DUBAI, Oct 20 (Reuters) - Qatar's diplomatic crisis is holding up the sale of a shipping company it part owns, one of the latest signs of an emerging corporate fall-out that Doha is facing after Arab countries cut relations in June, sources familiar with the matter said. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt … [Read more...]
Qatar Says New Port Will Help Circumvent Arab Sanctions
HAMAD PORT, Qatar, Sept 5 (Reuters) - Qatar inaugurated a new $7.4 billion port along its Gulf coast on Tuesday that officials said would become a regional transport hub and help shield its economy against sanctions enforced by neighbouring Arab states. The Hamad port, 40km south of Doha, is one of the largest such facilities in the Middle East. Since Saudi Arabia, Egypt, … [Read more...]
Qatar’s Milaha Launches Direct Container Service to Kuwait Amid Regional Diplomatic Crisis
DUBAI, Aug 16 (Reuters) - Qatar Navigation (Milaha) , a top Doha-based shipping and logistics group, said on Wednesday it had launched a new container service to Kuwait amid a diplomatic crisis that has seen it lose access to regional trans-shipment hub, Dubai. Milaha will operate the weekly, direct service between Kuwait and Qatar using a vessel capable of handling the … [Read more...]
Qatar Navigation Shifting Regional Hub to Oman Amid Diplomatic Rift
DUBAI, Aug 7 (Reuters) - Qatar Navigation (Milaha), a top Doha-based shipping and logistics group, said it was shifting its regional trans-shipment hub from Dubai to the Omani port of Sohar after a diplomatic crisis in the region disrupted Qatar's trade. Milaha is setting up a warehousing and logistics operation at Sohar, on Oman's northern coast, and is exploring other … [Read more...]
Qatar Seeks to Retain Its LNG Crown Despite Saudi-Led Boycott
By Mohammed Aly Sergie, Anna Shiryaevskaya and Kelly Gilblom (Bloomberg) -- Qatar just undermined Australia’s efforts to overtake it as the world’s biggest producer of liquefied natural gas.While the Gulf sheikhdom may soon slip to second place behind Australia as top supplier of the fuel, it’s poised to retain the number one spot within the next seven years … [Read more...]