"Kuwait Shipping Report Q4 2015" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Tue Sep 15 2015

We expect continued growth through Kuwait's major ports. Although the economy faces significant challenges from the dramatic fall in the price of oil through the closing months of 2014 - Kuwait is reliant on oil revenues - we believe that growth will hold up, thanks to considerable reserves and a commitment to a five-year plan in infrastructure investment . This will maintain growth in gross tonnage volumes through the country's ports. In terms of container demand, we expect that household spending in Kuwait will continue to grow, and that the country's container-handling facilities will see steady if unspectacular growth over the next several years. That said, the opening of the new Mubarak al-Kabir facility, now expected to happen in 2016, will boost volumes in the country.

Full Report Details at
- http://www.fastmr.com/prod/1038806_kuwait_shipping_report_q4.aspx?afid=302

Headline Industry Data

2015 port of Shuaiba tonnage throughput growth forecast at 10.4% and to average 8.8% to 2019.

2015 port of Shuwaikh container throughput forecast to grow 3.9% and to average 3.7% to 2019.

2015 total trade growth forecast to grow 2.6% and to average 2.5% to 2019.

Key Industry Trends

Crackdown On Illegal Practice s : The new director of the Kuwait Ports Authority, Sheikh Yousef al-Abdullah al-Sabah has vowed to crack down on both corruption and absenteeism at the two major ports of Shuwaikh and Shuaiba. According to reports, the new director has said that he will open internal investigations to address any allegations, and will tackle absenteeism, which in some cases reaches 90%. If both of these issues are tackled, the ports will become more efficient, and we could see more goods handled, offering upside risk to our throughput forecasts.

The Kuwait Shipping Report has been researched at source and features latest-available data and BMI Research's independent forecasting, critically analysing international transport of dry bulk and containers. The report evaluates the global commodities and trade backdrop, alongside in-depth country-specific analysis of trade prospects. The report also contains company profiles covering leading multinational and national shipping companies and analysis of latest industry news, trends and regulatory developments in Kuwait.

BMI's Kuwait Shipping Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the shipping industry in Kuwait.

Key Benefits

* Benchmark BMI's independent shipping industry forecasts for Kuwait to test other views - a key input for successful budgeting and strategic business planning in the Kuwaiti shipping market.
* Target business opportunities and risks in Kuwait through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.

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You may also be interested in these related reports:

- Hong Kong Shipping Report Q4 2015
- Oman Shipping Report Q4 2015
- Brazil Shipping Report Q4 2015
- Vietnam Shipping Report Q4 2015
- Australia Shipping Report Q4 2015

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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