‘Bulk of ME Exports Will Be by Sea’

Author: 
Arab News
Publication Date: 
Mon, 2006-11-06 03:00

DUBAI, 6 November 2006 — The bulk of exports from the Middle East will be carried worldwide by sea, according to an expert from one of the Caribbean’s emerging maritime centers. Speaking in advance of its regional debut at the Seatrade Middle East Maritime (SMEM) exhibition in Dubai this December, a representative of the St. Kitts & Nevis International Ship Registry (SKANReg) said ocean-going trade would dominate the Gulf’s rising export industry. “As the Middle East’s political situation gets calmer, trade and exports within the region will grow and shipping will carry 80 percent-90 percent of that growth in trade,” said Nigel Smith SKANReg’s International Registrar of Shipping and Seamen.

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