"Bahrain Freight Transport Report 2015" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Fri Jan 30 2015

Bahrain continues to invest heavily to establish itself a key logistics centre in the Gulf. The primary port, the Khalifa Bin Salman Port (KBSP) is to have its channel deepened, and the Bahrain International Airport is to be expanded. We question whether the small island state can compete with the investment that has already been put into making Dubai a logistics hub for the region; however, Bahrain has succeeded in attracting new logistics companies to its territory in recent years, and we forecast growth across its freight modes over our medium-term forecast period.

Headline Industry Data

* Growth at the port of Khalifa bin Salman (KBSP) in terms of total tonnage throughput is forecast at 13.1% in 2015, with average annual growth forecast at 10.6% between 2015 and 2019.
* Growth in Bahrain International Airport tonnage handling forecast at 2.8% in 2015, with average annual growth of 1.2% over our forecast period.
* Real growth in total trade forecast at 3.4% in 2015 and to average 3.5% over the medium term.

Full Report Details at
- http://www.fastmr.com/prod/944678_bahrain_freight_transport_report_2015.aspx?afid=302

Key Industry Trends

Ministry Extends Prequalification Deadline For Manama Airport: Bahrain's transport ministry has postponed the deadline for contractors to prequalify to conduct the main construction of the USD1bn modernisation of Bahrain International Airport. BMI is sceptical with regard to plans to increase freight-handling capacity at the facility, given that throughput declined for five consecutive years from 2009 to 2013, and we project only sluggish growth in coming years.

KBSP Dispute Resolved: A dispute over outstanding storage charges has been resolved at the Khalifa bin Salman Port (KBSP). In August 2014 the port operator, APM Terminals (APMT), began withholding and refusing to release containers from the facility if their owners had not settled their outstanding bills.

Another Causeway, Same Risks To Realisation: At a time when other members of the Gulf Cooperation Council (GCC) are forging ahead with the development of their railway...

The Bahrain Freight Transport Report has been researched at source, and features latest-available data covering commercial transport and logistics by road, rail, air and water; industry forecasts, company rankings covering leading national and multinational operators; and analysis of latest industry trends, opportunities, projects and regulatory changes.

Business Monitor International (BMI)'s Bahrain Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Bahraini freight transport and logistics industry.

Key Benefits

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