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Friday 16 August 2013

Kuwait Shipping Report Q3 2013:Automotive & Transportation Market Research Reports

Automotive & Transportation Market Research Reports
 
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Kuwait Shipping Report Q3 2013
Aug 14th 2013, 00:00, by rnrmahesh

Kuwait’s ports have struggled to recover the volumes they enjoyed prior to the global economic downturn, but BMI expects this recovery to be completed for the most part in 2013, save for total tonnage volumes at Shuaiba. Downside risks from industrial actions by ports and customs workers appear to have dissipated, though we caution that they may rise up again, bringing additional risk to our outlook. What does bode well for Kuwait’s container ports is our macroeconomic outlook for the country, where high oil prices in recent years have translated into increased spending by the Kuwaiti government. This will help …

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