King Abdullah Port increases level of support for Breakbulk Middle East 2019
The two-day Breakbulk Middle East conference and exhibition taking place on the 11th and 12th of February at the Dubai World Trade Centre, is crucial to our region’s continued development, says Rayan Qutub, CEO of King Abdullah Port.
“The maritime and shipping industries account for 90% of the entire global trade market, which makes Breakbulk Middle East crucial to our region’s continued development,” he said.
“The port has proved particularly successful in attracting a larger portion of the breakbulk sector of the industry, which provides us with further opportunity to grow and solidifies our global maritime competitiveness,” Qutub added.
BBME 2019 will play a crucial role in enhancing maritime and all related industry sectors as global leaders and top-level experts will gather to discuss existing issues and potential solutions.
“Breakbulk Middle East is known for being the go-to event for breakbulk and project cargo. Our aim is to continue that trend while diversifying to help boost the regional economy,” says Ben Blamire, commercial director, Breakbulk Middle East.
“The strategic location of the UAE and GCC ports being at the heart of the Arabian Gulf has enabled these markets to acquire a largest share of total container and cargo movement in the region, and our intent is to help increase their shares even further,” he added.
King Abdullah Port is estimating a further 15% increase in future volume, particularly involving steel, timber and cement cargo this year.
“Our partnership with specialist port operators and steel handlers AMSteel has already seen us increase our one-day cargo record to an impressive 27,000 tons,” says Qutub.
“The efficiency of King Abdullah Port has also helped create an extremely vibrant hub which has stimulated export rates in Saudi Arabia. This is already making a positive impact on our national economy and will continue to do so for many decades ahead,” he added.
Given that the outlook for the coming five years in terms of gross domestic product development and the growth of imports and exports is considerably better than it was during the 2012-2016 period, it’s the time to capitalize on this positive projection.
The UAE seems to be aware of this as they have been a key player in driving offshore investment in the Middle East region, securing an approximate US$66 billion in regional maritime sector investments.
“The breakbulk industry is undoubtedly benefitting from the global recovery and enjoying an uptick in volumes. In the meantime, we encourage the rest of the maritime sector to strike while the iron is hot and register for Breakbulk Middle East as it acts as an essential platform to facilitate necessary discussions and connect key decision makers,” says Leslie Meredith, marketing director, Breabulk Events & Media.
“With King Abdullah Port being among the unique participants who have offered rave reviews regarding our event, we are confident in the quality we are providing to the industry and the entire value chain,” she added.
BBME’s conference and expo is expected to attract participants from more than 52 countries from all sectors of the project cargo and breakbulk industry, reflecting the high international interest in project development within the GCC.