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Friday 16 August 2013

Saudi Arabia Shipping Report Q3 2013:Automotive & Transportation Market Research Reports

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

The Jeddah Islamic Port is set to hold the top position in Saudi Arabia’s maritime sector in terms of both total tonnage and container throughput in 2013 after demonstrating strong growth in 2012. The government stimulus package continues to make itself felt through increased consumer confidence, which is driving up container volumes at the Kingdom’s ports. Total tonnage volumes are also undergoing strong growth, and will be supported over the medium term by a massive house-building programme that is getting underway. The country is well supported by a growing fleet of dry and liquid bulk tankers which continues to expand. …

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