Saturday 22 November 08 - 10:29
 

News Asia & Rest Of World

Kuwait appoints Drewry

The Kuwait Fund for Arab Economic Development has retained Kuwait Consulting & Investment Co. (KCIC) and Drewry Shipping Consultants to analyse the prospects for a new US$1.2bn port at Bouyban Island.

Kuwait: looking for 2m TEUs a year
Kuwait: looking for 2m TEUs a year

The Government's objectives were to establish the commercial feasibility of building an additional port; identify ways of addressing labour in any future concession; assess the impact Iraqi trade wouldhave within the next decade and would this develop into at least two million TEU's per annum; identify the best method to promote private investment in the new port; and stimulate competition to improve existing port operations.

Images for this article - click to enlarge

Kuwait: looking for 2m TEUs a year

Unless otherwise stated, all images copyright © Mercator Media 2008. This does not exclude the owner's assertion of copyright over the material.

Related products

For more information on products mentioned within this article visit

Drewry Shipping Consultants Ltd

Motorship