Complex Made Simple

AB Maritime to link Dubai, Basra with new line

Arab Bridge Maritime (AB Maritime), a joint venture between the governments of Jordan, Egypt and Iraq, has announced plans to launch a maritime route linking Basra in southern Iraq and the UAE by leasing two passenger ferries with an initial annual cost of $2m, Daily News Egypt has reported. The company will buy the two ferries if the new line proves successful, hitting target revenues, said the company’s managing director, Hussien Al Souob.