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Follow on Google News | Recently released market study: Qatar Shipping Report Q3 2011Recently published research from Business Monitor International, "Qatar Shipping Report Q3 2011", is now available at Fast Market Research
We are bullish with regard to the Qatari economy, predicting that the country will enjoy the most rapid GDP growth in the world this year, at 17.2%. The Qatari economy is among the privileged hydrocarbonrich states in the Gulf region, sheltered by the relatively constant demand for energy (compared with other commodities) Over the mid term we project further growth at the port of Doha until operations are moved to the New Doha port (currently scheduled for opening in July 2015 according to the website). Headline Industry Data ------------------------------------------------------------ Full Report Details at - http://www.fastmr.com/ ------------------------------------------------------------ * 2011 port of Doha container throughput forecast to grow 9%, over the mid-term we project a 24% increase. * 2011 total trade growth forecast at 8.62%. Key Industry Trends New Doha Port Plans Take Step Forward: The New Doha port project has moved a step closer to completion with the news that Qatar has signed a deal with China Harbour Engineering Company (CHEC) to undertake the construction of the first phase of the port. BMI notes that although the port has been planned for some years now, since the Emir of Qatar issued a decree for its construction in December 2007, its construction fits in with the boon the country's transport infrastructure sector is set to enjoy in the light of Qatar having won the 2022 Football World Cup. Qatar Navigation Increases Net Profit: Qatar Navigation, which handles Qatar's container shipping operations and dominates the feeder shipping sector between Doha and the UAE, from where most of Qatar's containers are transhipped, has published its financial results for 2010. The company posted a net profit of QAR1.099bn for the year, compared with QAR472,407 in 2009. Nakilat Started Transporting Qatargas 4 LNG: Qatar's liquefied natural gas (LNG) producer Qatargas has started shipments from its Qatargas 4 (QG4) project in February 2011. Qatar Gas Transport Company (Nakilat) with the support of STASCO will be transporting the LNG that QC4 produces using eight vessels with a capacity of 210,000-266,000m3 each. Risks to Outlook With the Qatari economy so reliant on the export of hydrocarbons, the key risk to our forecasts is a drop in the global price of gas. Report Table of Contents: SWOT Analysis - Qatar Shipping SWOT Global Overview - Container Industry Overview - Drivers - Bellwethers - Rates - Players - Dry Bulk Shipping Overview - Drivers - Capacity - Rates - Liquid Bulk Shipping Overview - Drivers - Capacity - Rates - Players - Geopolitical Developments Industry Trends and Developments Market Overview - Qatar Container Shipping Overview - Overview Industry Forecast - Table: Major Port Data - Table: Trade Overview - Table: Key Trade Indicators - Table: Main Import Partners - Table: Main Export Partners Company Profiles - Maersk Line - Mediterranean Shipping Company (MSC) - CMA CGM - Hapag-Lloyd - Evergreen Line - APL - CSAV - COSCO Container Lines Company Limited (COSCON) - Hanjin Shipping (Container Operations) - China Shipping (CSCL) About Business Monitor International Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at http://www.fastmr.com/ About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156. # # # Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. End
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