The growing global demand for natural gas offers a platform of new opportunities for the region’s logistics and breakbulk sector, global management consulting firm A T Kearney discussed at a recent press conference in Abu Dhabi.
Such opportunities, which sprung up as a result of the current low oil prices, will likely lead to further development of the sector across the Middle East, covering a critical part of the supply chain and supporting the fast-growing infrastructure project sector.
At the press conference, Ada Perniceni, partner at A T Kearney, said, “In the next few years the Middle East is likely to increase its exporting position in gas in addition to meeting the fast-growing regional demand. We expect to see more projects kick off and an increased demand for suppliers such as logistics providers servicing this sector.”
In addition to discussing some of the key issues within the industry, it was also announced during the press conference that Dr Abdullah Belhaif Al Nuaimi, UAE Minister of Infrastructure Development and chairman of the Federal Transport Authority, will be held under the patronage of the upcoming Breakbulk Middle East event.
Mark Rimmer, event director at EMEA Breakbulk, said, “There are some challenges and opportunities in the Middle East when it comes to infrastructure projects and the associated breakbulk and project logistics sectors forming part of the supply chain. How regional players leverage the current low cost environment is a key talking point.”
Bringing together the region’s leading shippers, carriers, freight forwarders, transport specialists and related service providers, the event will be held between October 23rd to 26th at ADNEC in Abu Dhabi.
According to the organisers, Breakbulk Middle East 2016 will welcome about 63 exhibitors, 46 speakers and 250 delegates.
The event is being sponsored by Abu Dhabi Ports, DP World, Almajdouie, Bahri, Rickmers-Linie, Cheekay Shipping, Hoegh Autoliners, Rohling, Sarjak, APM, Geodis and Modulift.