2014-01-09 08:15:01 - Saudi Arabia Shipping Report Q1 2014 - a new market research report on companiesandmarkets.com
Saudi ports are expected to have healthy growth in 2014, following a year of contractions for many of the facilities in 2013, though we note that these contractions followed a year of extraordinary growth in 2012 and so are not as negative as they first appear. Growth in Saudi ports will be supported by local shipping companies such as Bahri and Vela Shipping. The considerable investment into new facilities is also continuing apace.
2014 port of Jeddah Islamic Port tonnage throughput forecast to grow by 4.4%, following a 2013 contraction. Growth will average 2.3% to 2018.
2014 port of Jeddah Islamic Port container throughput forecast to return to growth at 4.1%. Growth will average 4.3% over our forecast period.
2014 total trade forecast
to see real growth of 2.7%. Growth will average 2.3% from 2014 to 2018.
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