Egypt Shipping Report Q1 2016 - New Report Available

From: Fast Market Research, Inc.
Published: Fri Nov 13 2015

We hold a positive outlook on the Egyptian shipping sector in 2016. We forecast a universal uptick in volumes passing through the country's ports, in terms of both containers and gross tonnage. This view is predicated on both the macroeconomic backdrop and the fundamentals facing the shipping and freight transport industries themselves.

With regards the economy, we expect growth to accelerate in the coming quarters, as Egypt finally begins to shake off the poor macroeconomic performance it has been saddled with in the years since President Mubarak's ouster in 2011. Fixed investment will be a key driver of growth, and this will drive up bulk and project cargoes through the country's maritime facilities.

This uptick in investment will also help boost the shipping sector directly. In August, the expanded Suez Canal opened, having been rushed through by President Sisi. The massive investment is being met by plans to develop a huge economic zone around it, and it is expected that the expanded waterway will see an uptick in throughput at ports around it. According to officials, the project will more than double Suez revenues from the USD5.3bn estimated at end-2015 to USD13.2bn in 2023.

Full Report Details at

Headline Industry Data

2016 total tonnage throughput at El-Dekheila is forecast to grow by 1.5% to 22.41mn tonnes, and to average 1.6% per annum to 2020.
2016 East Port Said container throughput growth forecast at 3.1% to reach 3.36mn twenty-foot equivalent units (TEUs), and to average 3.2% growth to 2020.
2016 Egyptian trade forecast to grow by 3.4%, and to average growth of 3.5% over the medium term.

The Egypt Shipping Report has been researched at source and features latest-available data and BMI Research's independent forecasting, critically analysing international transport of dry bulk and containers. The report evaluates the global commodities and trade backdrop, alongside in-depth country-specific analysis of trade prospects. The report also contains company profiles covering leading multinational and national shipping companies and analysis of latest industry news, trends and regulatory developments in Egypt.

BMI's Egypt Shipping Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the shipping industry in Egypt.

Key Benefits

* Benchmark BMI's independent shipping industry forecasts for Egypt to test other views - a key input for successful budgeting and strategic business planning in the Egyptian shipping market.
* Target business opportunities and risks in Egypt through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
* Exploit the latest competitive intelligence and company SWOTS

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- United Arab Emirates Shipping Report Q1 2016
- India Shipping Report Q1 2016
- Indonesia Shipping Report Q1 2016
- Oman Shipping Report Q1 2016
- Malaysia Shipping Report Q1 2016

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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Contact Phone: 1-413-485-7001

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