Report Published: "United Arab Emirates Shipping Report Q4 2013"

From: Fast Market Research, Inc.
Published: Tue Sep 17 2013

Headline Industry Data

* 2013 Jebel Ali and Port Rashid total tonnage throughput growth forecast at 5.7%, and to average 4.8% to 2017.
* Sharjah container throughput (KCT and SCT) is forecast to grow by 11.2% in 2013, averaging 6.2% over the medium term.
* Jebel Ali container throughput is forecast to grow by 8.2% in 2013. Through to 2017, we expect growth to average 6.5%.
* Total trade real growth is forecast at 6.8% in 2013 and to average 5.7% through to 2017.

Key Industry Trends

Jebel Ali Port Opens New Container Terminal: Ali Port in Dubai opened its expanded container terminal at the close of June. The first vessel to call at the upgraded Container Terminal 2 was the MSC La Spezia, a 366m ship with a capacity of 14,000TEUs. The extension adds a further 1mn TEUs to the port's capacity, taking the total to 15mn TEUs.

Full Report Details at

Khalifa Port Container Terminal Increases Productivity By 35%: The semi-automated Khalifa Port Container Terminal in the UAE has increased its productivity at the quayside by 35% since it was officially inaugurated on September 1 2012, according to Abu Dhabi Terminals CEO Martijn Van De Linde in June. The terminal has also reduced the truck turnaround time by 64%, Linde said.

Gulftainer Expansion Continues With Saudi The Next Port Of Call: Gulftainer is continuing its rapid expansion by acquiring a 51% stake in Saudi Arabia's Gulf Stevedoring Contracting Company (GSCCO). The company, although not in the same league as its neighbour DP World, has been expanding globally and is benefiting from strong growth year-on-year.

Key Risks

Should tensions between Israel and Iran escalate to any significant degree in 2013, thereby leading to a conflict in the Gulf, then our forecasts for UAE would be seriously jeopardised. Equally, given the UAE and its ports' exposure to global trade patterns, any significant stall in the economic recovery in the US or the eurozone could also derail our projections.

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You may also be interested in these related reports:

- United Arab Emirates Freight Transport Report Q4 2013
- United Arab Emirates Autos Report Q3 2013
- United Arab Emirates Water Report Q4 2013
- United Arab Emirates Defence & Security Report Q4 2013
- United Arab Emirates Commercial Banking Report Q4 2013

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