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Wednesday 17 April 2013

Bahrain Shipping Report Q2 2013

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Bahrain Shipping Report Q2 2013
Apr 17th 2013, 00:00

Things are looking up for the Bahraini shipping sector. The Khalifa bin Salman Port (KBSP) is seeingvolumes rise on the back of the massive hike in demand at Saudi Arabian ports. The consumer demandstory also bodes well for domestic demand over the medium term, while the Port of Mina Salman could seetonnage volumes rise due to a house-building programme underway in the Kingdom.Headline Industry Data? Growth in Khalifa bin Salman Port (KBSP) total tonnage throughput forecast at 7.4% in 2013, withaverage annual growth forecast at 6.4% between 2013 and 2017.? Growth in KBSP container throughput forecast at 6.6% in 2013, with average annual growth of 6.0%over ou...

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