CMA CGM says it has sufficient security to operate in Gulf

Major shipping companies informed customers this week that they would raise prices on Gulf-bound containers. (Reuters)
Updated 08 July 2019

CMA CGM says it has sufficient security to operate in Gulf

  • In May, CMA CGM reported a first-quarter net loss of $43 million, although group sales surged 36.9 percent to $7.41 billion, as earnings were impacted by slowing China-US trade and higher lease costs

AIX-EN-PROVENCE: CMA CGM, the world’s fourth biggest shipping company, said it has sufficient security measures in place to continue operating in the Gulf region even as concerns mount over a possible dispute between Iran and major world powers.
The Arabian Gulf is a key route for oil tankers, while container shipping companies often use the Suez Canal route.
CMA CGM stopped services in Iran last year in light of US sanctions but company chairman and CEO Rodolphe Saade said CMA CGM was still sailing through the Gulf. “We are continuing to go there,” Saade told reporters at a business conference in Aix-en-Provence.
Asked if CMA CGM had stepped up security on vessels going through the Gulf, Saade replied: “No, because the measures we have in place are already sufficiently elevated.”
Iran said on Sunday that it was fully prepared to enrich uranium at any level and with any amount, in defiance of US efforts to squeeze the country with sanctions and force it to renegotiate a 2015 nuclear deal with world powers.
Earlier in the week, an Iranian Revolutionary Guards commander threatened to seize a British ship in retaliation for the capture of an Iranian supertanker by Royal Marines in Gibraltar.
Major shipping companies such as A.P. Moller-Maersk, Mediterranean Shipping Co. (MSC), CMA CGM and German container group Hapag-Lloyd all informed customers this week that they would raise prices on Gulf-bound containers. Saade added on Sunday that CMA CGM’s overall volumes of business were good, despite the impact of tensions in the Middle East and a trade dispute between the US and China.
In May, CMA CGM reported a first-quarter net loss of $43 million, although group sales surged 36.9 percent to $7.41 billion, as earnings were impacted by slowing China-US trade and higher lease costs.


Saudi female student pilot aims high with flying ambitions

Updated 19 November 2019

Saudi female student pilot aims high with flying ambitions

  • Amirah Al-Saif is among the first batch of 49 female students

DUBAI: Saudi women aiming to emulate Yasmeen Al-Maimani’s feat, the Kingdom’s first female commercial pilot, now have that opportunity as Oxford Aviation Academy has opened its doors for them to take flying lessons and earn their licenses.

One those women raring to earn her pilot wings is 19-year-old Amirah Al-Saif, who enrolled in the aviation academy to fulfill her dream of flying for the Kingdom’s national carrier Saudi Airlines (Saudia).

“They have been very supportive of us females,” Al-Saif, who hails from Riyadh, told Arab News at the sidelines of the Dubai Airshow, when asked about her experience at the academy.

Al-Saif is among the first batch of 49 female students, with six of them already in ground school, expected to receive their licenses by the start of 2021 after a grueling course that requires them to first learn English, Mathematics, Physics and other basic knowledge subjects.

She is also the first in the family to have an interest in the aviation industry.

Student pilot Amirah Al-Saif, right, who hails from Riyadh, is the first in the family to have an interest in the aviation industry. (Supplied)

Those who pass the foundation program can then move on to ground school for practical lessons and ideally graduate in two years with three licenses: the Private Pilot License, Instrument Rating and Commercial Pilot License.

Al-Saif considers herself lucky since she was not constrained take courses abroad for her pilot training, unlike Al-Maimani who had to leave the Kingdom to receive her license, as well as wait for a long time before being eventually hired by Nesma Airlines.

The flying school is located at the King Fahd International Airport in Dammam and is an authorized branch of Oxford Aviation Academy based in the UK.

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