Egypt Shipping Report - Business Monitor International - Industry Reports

Egypt Shipping Report

Egypt Shipping Report - Business Monitor International - Industry Reports
Egypt Shipping Report
Published Oct 31, 2015
93 pages — Published Oct 31, 2015
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

BMI View: We hold a positive outlook on the Egyptian shipping sector in ----. 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 ----. Fixed investment will be a key driver of growth, and this will drive up bulk and project cargoes through the country s maritime facilities. ...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 USD-.-bn estimated at end----- to USD--.-bn in ----.

...Suez Canal Expansion Completed: The expansion to the Suez Canal was completed in August ----, just one year after the work began, having been rushed through by the Sisi administration as a matter of pride. It is hoped that the new extra capacity will revitalise the ailing Egyptian economy - which has been on the ropes since the popular protests which led to President Mubarak s ouster and subsequent years of political turmoil. ...Suez Canal Expansion Completed: The expansion to the Suez Canal was completed in August ----, just one year after the work began, having been rushed through by the Sisi administration as a matter of pride. It is hoped that the new extra capacity will revitalise the ailing Egyptian economy - which has been on the ropes since the popular protests which led to President Mubarak s ouster and subsequent years of political turmoil. On August --, President Sisi issued a decree establishing a huge, ---km economic zone around the canal. New National Shipping Line: Egypt is in talks with the African Development Bank (AfDB) to develop a new cross-continent shipping line. The AfDB has provided USD---,--- to carry out a feasibility study into

...While there is a great deal of optimism surrounding the project, there are numerous hurdles to be overcome. The Nile has a series of cataracts and Lake Aswan s locks have not been used or renovated since ----. ...

  
Source:
Document ID
2040-994X
Country
Industry
Format:
PDF Adobe Acrobat
Buy Now

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Egypt Shipping Report" Oct 31, 2015. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Egypt-Shipping-Report-2026-876>
  
APA:
Business Monitor International - Industry Reports. (2015). Egypt Shipping Report Oct 31, 2015. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Egypt-Shipping-Report-2026-876>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.