Bahrain Power List-Hassan Ali Al Majed
This has been a big year for Bahrain’s shipping sector, which has finally seen the opening of the first phase of the Sheikh Khalifa Bin Salman Port. The $140m project is located in Hidd, covers 110 hectares, and is expected to dramatically enhance the country’s logistics capabilities.
In charge is General Organisation of Sea Ports (GOP) CEO Hassan Al Majed, who expects the new port to provide facilities and services of the highest international standards to traders, local industries, shipping lines and other businesses.
The new port is notable particularly for its deep draught, which will allow large vessels to dock in Bahrain, before breaking down loads for re-export. Smaller ships will then take the cargo into the shallow ports of the northern Gulf, allowing access to markets such as Iraq.
With competition from a host of other Gulf sites, including Jebel Ali Port in the UAE, the GOP will have to work hard if it is to achieve its ambition of Bahrain becoming the region’s top trade hub. Nevertheless, the new facilities – coupled with the 800-hectare Bahrain Logistics Park – represent a significant step towards this goal.