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Reading: August brings increased container traffic to Khalifa bin Salman Port, boosting Bahrain’s economic growth
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Gulf Press > Gulf > Bahrain > August brings increased container traffic to Khalifa bin Salman Port, boosting Bahrain’s economic growth
Bahrain

August brings increased container traffic to Khalifa bin Salman Port, boosting Bahrain’s economic growth

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Last updated: 2024/09/24 at 4:36 PM
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The Ministry of Transportation and Telecommunications recently announced a significant increase in container traffic at Khalifa bin Salman Port in Bahrain during August 2024. The port handled 39,409 twenty-foot equivalent units (TEUs) in August, a substantial 37.2% increase compared to the previous month. This surge in container traffic indicates a positive shift in the country’s maritime trade activity, suggesting a revival in maritime trade and a potential improvement in the overall economic activity within Bahrain.

While container traffic saw a significant rise, general cargo and vehicle traffic experienced declines of 58.3% and 45.2%, respectively. Despite these decreases, the number of vessels arriving at the port saw a slight increase of 5.3%, rising from 57 to 60. Additionally, the number of commercial licenses issued also increased from 17 in July to 20 in August, signaling a potentially favorable business environment in Bahrain. However, there was a decrease in the number of inspections and vessel departure certificates issued during the same period.

Private berth handling at the port also saw changes in cargo types, with liquid cargo increasing by 17.1% in August compared to July, while solid cargo decreased by 25.9%. This shift in cargo handling further reflects the changing dynamics of maritime trade in Bahrain. The positive trend in container traffic, paired with the increase in commercial licenses, points towards a promising outlook for Bahrain’s maritime industry and its broader economic landscape.

Overall, the increase in container traffic at Khalifa bin Salman Port in August 2024 is a positive indicator for Bahrain’s maritime trade activity. The rise in container traffic, along with the increase in commercial licenses, suggests a growing business environment in the country. Despite declines in general cargo and vehicle traffic, the slight increase in vessel arrivals and changes in cargo handling show the evolving nature of Bahrain’s maritime industry. With a promising outlook for the country’s maritime sector, Bahrain may see further growth in its economy and trade activity in the near future.

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News Room September 24, 2024
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