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Thursday 3 October 2013

Saudi Arabia Shipping Report Q4 2013:Automotive & Transportation Market Research Reports

Automotive & Transportation Market Research Reports
 
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Saudi Arabia Shipping Report Q4 2013
Oct 2nd 2013, 00:00, by swapnil

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. Nevertheless, volumes are set to contract year-on-year. Despite this the shipping sector in Saudi Arabia continues to look strong, as major investment in ports continues and box and tonnage growth prospects over the coming years are buoyant. While medium-term growth might be sedate, over the long term we remain bullish. Headline Industry Data ? 2013 port of Jeddah Islamic Port tonnage throughput forecast to contract by 2.5%. …

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