Recently released market study: Bahrain Shipping Report Q3 2010

Recently published research from Business Monitor International, "Bahrain Shipping Report Q3 2010", is now available at Fast Market Research
 
July 20, 2010 - PRLog -- The Khalifa Bin Salman Port (KBSP) has now been in operation for over a year and its effect on Bahrain's shipping sector is being felt. The port was conceived as a way to enable container lines to pull in to Bahrain directly, offering Bahraini shippers a direct route for imports and exports, rather than the kingdom being reliant on transhipped goods from ports such as the UAE's Jebel Ali. KBSP, which is operated by APM Terminals, the port operating unit of A.P. Moller Maersk, is also hoped to become a transhipment hub in its own right.

Over the quarter efforts to develop KBSP into a transhipment hub have started to be realised. The port's general director, Hassab al Majid, announced that Singapore's APL now operates a mothership into the port. The ship is reported to have previously used the main Middle Eastern transhipment port of Jebel Ali as its transhipment hub.

BMI believes that as the effects of the downturn subside and container volumes return more, transhipment opportunities will be in the offing for KBSP. In 2010 we project that container volumes at the port will grow by 2.59% to reach 286,498 20-foot equivalent units (TEUs).

In its first year of operations the port handled 279,267TEUs, an increase of 3.7% from the 269,331TEUs that its predecessor, the port of Mina Salman, handled in 2008. This year-on-year (y-o-y) growth came despite a tough operating climate for the port, with a decline in global trade and a fall in Bahrain's trade. In 2009 our country risk desk reports that Bahrain's imports fell by 2% y-o-y, with exports dropping by 1.18%.

Over the mid term we forecast continued y-o-y growth in box throughput at KBSP. By the end of BMI's five-year forecast in 2014 we project that KBSP will be handling 305,259TEUs.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/72722_bahrain_shipping_report_...

Report Table of Contents:

Executive Summary
SWOT Analysis
- Bahrain Shipping SWOT
Global Overview
- Container Shipping Overview
- Dry Bulk Overview
- Liquid Bulk Sector Overview
Industry Trends And Developments
Market Overview
- Khalifa bin Salman Port Overview (Bahrain Gateway)
- Overview
- Terminals
- Expansions And Developments
- Multi-Model Links
- Port of Mina Salman
- Overview
- Terminals
- Expansions And Developments
Industry Forecast
- Table: Major Port Data
- Table: Trade Overview
- Table: Key Trade Indicators
- Table: Main Import Partners
- Table: Main Export Partners
Company Profiles
- A.P. MOLLER-MAERSK
- Mediterranean Shipping Company
- CMA CGM
- Evergreen Line
- China Ocean Shipping (Group) Company (COSCO)
- Hapag-Lloyd
- Neptune Orient Lines (& APL)
- China Shipping (CSCL)
- Nippon Yusen Kabushiki Kaisha (NYK)
- Hanjin Shipping
- Mitsui OSK Lines (MOL)

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/catalog/publishers.aspx?pubid=1010

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.

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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.
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Tags:Port, Shipping, Kbsp, Transhipment, Container, Salman, Hub, Terminals, Expansions, ap
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