Kuwaiti Ports Lauded For Performance
News: Kuwaiti ports have done well in the past few years due to a national commitment to improve hydrocarbon exports and non-oil commercial shipping activity, according to a report by the Oxford Business Group. However, the port sector is affected by the ups and downs of global demand along with regional competition. The port development has been hindered due to turmoil in domestic politics and a delay in implementing the National Development Plan, the report says. In addition to this, port efficiency could get a boost from better customs handling procedures. Among the developments that are taking place to develop the port sector is the Mubarak al Kabir (MAK) Port initiative on Boubyan Island worth US$1.2bn.