Bahrain : Shipping Report Q3 2014

Business Monitor International
August 6, 2014
108 Pages - SKU: BMI5309053
Countries covered: Bahrain

Bahrain : Shipping Report Q3 2014

We have a positive outlook for Bahrain's shipping sector. The country's main maritime facility, the Khalifabin Salman port, is poised to continue on its upward growth trend, posting solid growth, especially in termsof container throughput over 2014. Volumes at the facility are rising as a result of the massive hike indemand at Saudi Arabian ports. Meanwhile, Bahrain's domestic consumer demand outlook also bodes wellfor its ports sector over the medium term. The port of Mina Salman should see tonnage volumes rise aswell, on the back of demand from an extensive housebuilding programme under way in Bahrain.

Headline Industry Data

Growth in KBSP total tonnage throughput forecast at 6.0% in 2014, with average annual growth of 5.5%between 2014 and 2018.

Growth in KBSP container throughput forecast at 7.6% in 2014, with average annual growth of 7.0%over our forecast period.

Real growth in total trade forecast at 4.3% in 2014 and to average 3.9% over the medium term.



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