The movement of liquid bulk cargo from the gulf countries to the world



Abstract

Management is the key to make the best of any available resource. The region on the Global map, where Gulf countries are located is blessed with rich oil and petroleum resources. The economy of Gulf countries depends on the trade of these resources. So to enhance the export business, transportation management is of prime importance. In this paper, the strategic importance of transportation management according to the geographical location of Gulf countries is discussed. This paper talks about the modes of transportation that suit the conditions of Gulf Countries in an ideal way.

Table of Contents

Abstract2

Introduction4

Transportation and Economic Growth of a Country4

Economy of Gulf Countries5

Importance of Oil, Petroleum, LNG of Gulf Countries in the World6

Role of Transportation7

Modes of Transportation in Gulf Countries8

Oil Tankers8

Pipelines9

Barges9

Oil Transportation9

Petroleum Commodities Transportation10

Future Recommendations for Transportation System in Gulf Countries10

Conclusion11

References12

The movement of liquid bulk cargo from the gulf countries to the world

Introduction

Indeed having natural resources reservoirs in abundance in one's country is a nature's blessing that should be cherished. Though only having these reservoirs is not enough. It is equally important to provide proper and reliable transportation system to share this nature's blessing with the world. Globalization is now a key term defined in every country's economic register. Globalization is defined as the sharing of knowledge, goods and natural reservoirs among the countries of the world. It is now the need of the present world that every part of the world maintains a proper communication and transportation system with the other part of the world. Many have witnessed rapid economic growth of their country by maintaining proper transportation channels with other countries, for transporting their cargoes. No one can maintain a sound economic growth without actively participating in the economic activities of the world.

Global goods movement is essential in the global freight transportation system that includes ocean and, railways, roads inland waterways, coastal routes, and air freight (Winebrake & Corbett, 2008).

Transportation and Economic Growth of a Country

If a country has the aim of expanding its market all across the world in order to gain best possible income for its land, the transportation system plays an important role. Transportation system serves as the main vein for any country. Whether it is the transportation of goods within the country or outside, the system needs to be efficient, reliable and secure. It is necessary for the goods to be transported to the consumer stations from the producing stations in order to carry out the consumption. On the macroeconomic level transportation is important for the whole economy income. In many developed countries, transportation accounts between 6% and 12% of the GDP. Transportation is equally important on microeconomic level of the country as it links producer and consumer (Rodrigue, 2013).

Source: The European Conference of Ministers of Transport

Economy of Gulf Countries

The Middle East Countries are blessed with world's largest and famous oil reservoirs. The statistics of past decades have proven that the world has been receiving oil in ...