Sharaf Shipping Company W.L.L Kuwait
KUWAIT ECONOMIC INDICATORS OVERVIEW OF THE COUNTRY Total Area Population Location Capital Official language Currency GDP 17,818 sq km 2,646,314 (July 2012 est.) Middle East, Bordering The Persian Gulf, Between Iraq and Saudi Arabia Kuwait Arabic Kuwaiti Dinar USD 153.5 billion GDP Per Capita USD 41,700 Real GDP growth 8.2% Total Exports Total Imports Rate of Inflation 4.7% Agriculture 0.3% Industry 42.3% Services 57.4% Import Duty 5% Export Duty USD 104.3 billion USD 21.96 billion GDP Composition By Sector Nil Exchange Rate KWD 0.286 = USD 1.00 2
OIL RESERVE CHART YEARS OF OIL RESERVE REMAINING KUWAIT OIL RESERVES 3
Oil & Gas Crude production averaged between 2.75 and 2.85 mbpd during 2012 with price of $105-106 pb in FY12/13; oil export revenues stood at KD 7.8 billion in 3Q12; Kuwait Oil Company (KOC) plans to invest USD 46 billion over the next five years to boost oil production & increase efficiency KUWAIT POTENTIAL Infrastructure Housing, Tourism, Air & Sea port, Railways & Road Despite its wealth, state has yet to get going. Signs are now that it is finally preparing to develop its potential with new 5-year, $100bn investment programme. Major projects include: Subiya Causeway - $3bn Expansion of airport - $2bn New Kuwait University Campus - $3bn Development of Failaka island - $3bn New Bubiyan Port - $3bn New Al Zour refinery - $12bn Electricity & Water Kuwait's power sector is set to offer some major contract opportunities in 2013, with $23.4bn-worth of power & water projects at various stages of design & bidding 4
COMPANY PROFILE Sharaf Shipping Co. W.L.L Well established, dynamic shipping agency house offering personalized services to suit individual needs of the principals in Kuwait 5
OFFICE DETAILS COMPANY NAME REGISTERED IN : SHARAF SHIPPING CO.WLL, KUWAIT. : KUWAIT. OFFICE ADDRESS OFFICE : LAILA TOWER, 10TH FL., SALEM AL-MUBARAK STREET. SALMIYA P.O.BOX : 4270, KUWAIT. CONTACT DETAILS TELEPHONE :+965 2574 9620 FAX :+965 2574 9625 EMAIL : sharafsc@sharafkuwait.com
OUR MISSION BUILDING THE COMMERCIAL PROFILE OF OUR PRINCIPALS. PROVIDING COST EFFECTIVE SERVICES. FULL TRANSPARENCY & FINANCIAL INTEGRATION WITH THE PRINCIPALS. CONVERTING OPPORTUNITIES INTO BUSINESS FOR THE PRINCIPALS. 7 7
OUR SERVICES IN KUWAIT CAPABILITY TO HANDLE ALL TYPES OF BREAK BULK CARGO IN KUWAIT EXPERIENCED AND SPECIALISED PERSONNEL FOR BREAK BULK HANDLING AND HAS ACCESS TO THE FULL RANGE OF MATERIAL H EQUIPMENT SUCH AS CRANES, LIGHTERS, HEAVY LIFT TRAILERS FOR SEA AND OVERLAND OPERATIONS Project Cargoes Tanker Vessels Break Bulk/Bulk Vessels Services Provided: Vessel agency services and husbandry services Crew Change Cargo Inspection services Bunker supplies Provision Supply CTM delivery Vessel Inspection and certificate renewals Providing Market information Road Haulage 8
DOCUMENTATION SHARAF SHIPPING CO. W.L.L ADVANTAGE EXPERIENCED DOCUMENTATION STAFF FOR SMOOTH & ERROR FREE DOCUMENTATION EASY INWARD / OUTWARD CLEARANCE CUSTOMER SATISFACTION ACHIEVED THROUGH EASE IN DOCUMENTATION DAILY ACTIVITY REPORT PROVIDED IN OUR FORMAT OR AS REQUIRED CARGO OPERATION (DISCHARGE / LOAD / TRANSPORT) QUALIFIED AND EXPERIENCED OPERATIONS STAFF CONTINUOUS PRESENCE DURING VESSEL OPERATIONS DAILY VISIT FROM THE OPERATIONS MANAGER EXCELLENT WORKING RELATIONSHIP WITH ALL PORT AUTHORITIES & VENDORS CARGO OPERATIONS PLANNED IN ADVANCE TO MINIMIZE COST ELIMINATE CARGO / VESSEL DAMAGE AND CLAIM QUICK TURNAROUND OF VESSEL 9
STRUCTURE OF ACCOUNTING SYSTEM ESTABLISH NEEDS OF THE CARRIER IN TERMS OF DISBURSEMENT ACCOUNTING STATEMENT OF ACCOUNT REMITTANCE SYSTEM DOCUMENT THE NEEDS OF THE CARRIER SET UP INTERNAL PROCEDURE TO FULFILL NEEDS OF THE CARRIER ALLOCATE RESOURCE UPDATE GIVEN REGULARLY FOR CARRIER S ACCOUNTING SYSTEM.
ZERO ERROR SERVICE SMOOTH COORDINATION AMONGST THE VARIOUS PARTIES INVOLVED IN ORGANIZING A PORT CALL. WE PUT OUR EXPERIENCE AND TRAINING INTO OFFERING THE BEST TO OUR VALUED CUSTOMERS. SERVICE PROVIDED WITH A COMMITMENT TO VALUE, QUALITY AND CUSTOMER SATISFACTION. SUSTAINED INVESTMENT IN HUMAN RESOURCES, TRAINING AND INFORMATION TECHNOLOGY. THE ABOVE HAS ASSISTED US TO ACHIEVE OUR GOAL OF BEING ONE OF THE LEADERS IN THIS FIELD. OUR GOAL IS TO PROVIDE ZERO ERROR SERVICES
KUWAIT MARKET UPDATE Kuwait Import market increased by 1% in 2013 compared to 2012 and expects to increase by 5 % in 2014. Kuwait Export market increased by 3.5% in 2012 compared to 2011 however with the ban on HMS scrap exports in 2013 volumes are expected to drop. Cargoes for housing projects / Oil related expansion projects is likely to pick up in 2015 12
IMPORT CARGOES -SHUWAIK PORT 13
IMPORT CARGOES - SHUAIBA PORT 14
EXPORT CARGOES KUWAIT PORTS 15
PROJECTS HANDLED 16
ABB PROJECT HANDLED 17
ABB PROJECT HANDLED 18
SOME OTHER PROJECT ACCOMPLISHMENTS 19
SOME OTHER PROJECT ACCOMPLISHMENTS 20
OUR STRENGTH & CAPABILITIES To Increase market share and revenue. Strong REGIONAL COMPANY with detailed knowledge of culture, tradition and business values. To Focus on reducing costs. A strong multilingual sales and experienced operations team with focus on customer service. Value added service with a team of experienced Master Mariners to supervise discharging and logistics of project cargo. Utilizing State of The Art Information Technology to provide comprehensive MIS Reports & Connectivity To Principals and Customers. Excellent Relationships with Port & Customs Authorities, Government Departments as well as Key Suppliers and Vendors. 21
Thank You 22