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November 18, 2010 02:22 PM Eastern Daylight Time 

Research and Markets: Kenya Shipping Report Q4 2010

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/f4b5c4/kenya_shipping_rep) has announced the addition of the "Kenya Shipping Report Q4 2010" report to their offering.

Kenya Shipping Report provides industry professionals and strategists, corporate analysts, shipping associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Kenya's shipping industry.

Kenya is making investments to build new ports, expand existing ports and upgrade accompanying infrastructure. BMI believes this is much needed given the region's potential for trade growth. The existing port of Mombasa, Kenya's chief seaport, is undergoing expansion works. Logistics company SDV Transami has constructed a dry port terminal that is set to be completed next month. It is hoped that this will help ameliorate the port's congestion problem. Tony Stenning, SDV Transami's regional managing director, stated: 'With Kenya's growing economy, there is need for the port of Mombasa to become more competitive by increasing its efficiency. The intention is to have the new terminal as a holding ground that will ease congestion there.'

This news follows recent reports that the Kenya Ports Authority has invited tenders for the extension of a number of berths at the port to enable Mombasa to handle a larger class of vessel.

Further to these plans for the port of Mombasa, there are also plans to build a new port at Lamu in the north of the country. Bids have been invited for its first phase, which will involve the construction of three berths. The works are part of a US$22bn development plan to connect Kenya to southern Sudan and Ethiopia, which will also include roads, railway, airports and a pipeline. The Kenyan ministry of transport stated: 'As the first phase of this project, the government plans to construct the first three berths with associated infrastructure at Manda Bay, Lamu.' Beliefs that the Kenyan ports sector has huge potential in the coming years, assuming the investment is there to enable it to handle the projected uptick in business.

Key Topics Covered:

  • Executive Summary
  • SWOT Analysis
  • Global Overview
  • Industry Trends And Developments
  • Market Overview
  • Industry Forecast
  • Company Profiles

Companies Mentioned:

  • A.P. MLLER-MAERSK
  • Mediterranean Shipping Company
  • CMA CGM
  • Neptune Orient Lines (& APL)
  • Hapag-Lloyd
  • Evergreen Line
  • China Ocean Shipping (Group) Company (COSCO)
  • CSAV Shipping
  • China Shipping (CSCL)
  • Hanjin Shipping
  • Mitsui OSK Lines (MOL)
  • Nippon Yusen Kabushiki Kaisha (NYK)

For more information visit http://www.researchandmarkets.com/research/f4b5c4/kenya_shipping_rep

Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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