Container Terminal Industry Market Research Published

Sunday, August 12, 2012

 Global Marine & Container Terminal Operation Industry market research report available.

Extracts the IBISWorld report follow:

Over the long term, IBISWorld projects that trends towards globalization, complex international supply chains and growing world GDP will see the volume of seaborne trade continue to grow strongly.

Marine port operators worldwide are literally and figuratively in the middle of growth in international trade. "The main factors that have assisted the industry's growth in the past 15 years have been trade liberalization, world GDP growth and ongoing growth of Asian economies," says IBISWorld analyst Caroline Finch.

"Through the process of trade liberalization, government incentives for domestic industries have been wound back." Ongoing negotiations, both global and regional, are smoothing trade flows between nations. The Global Marine and Container Terminal Operation industry is estimated to be worth $34.4 billion in 2012, and is growing.

Over the five years to 2012, industry revenue has grown by an annualized 2.4%; this is almost one-third of the 8.5% annualized growth recorded in the five years through to 2008.

Revenue fell in 2009 as global trade volumes, especially merchandise imports and exports fell. Despite the historically low annual growth over the past five years, the rebound from the financial crisis came quickly, with revenue returning to levels similar to 2008 in 2010; however, the aftershocks from the global recession have led to slow revenue growth in the two years through 2012. In the five years through 2017, IBISWorld projects that industry revenue will grow slowly.

The report may be accessed here.
 

 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Panama Canal Expansion: Impacts on the Bunker Industry

The total volume of the Panama bunker market has increased in recent years as price levels are becoming increasingly competitive to U.S. bunker hubs like Houston, New Orleans and New York.

New Port Academy Liverpool Unveiled at Grand Opening

LIVERPOOL City Region has launched a new  £2.5 million maritime training academy which it believes is the only one in the U.K. to create vitally needed skills and

Construction of new Stockholm Norvik Port Begins

For Hutchison Port Holdings (HPH), one of the world’s leading container terminal operators, Stockholm is strategically important. In April the final permit was

Finance

Baltic Index Rises for Fifth Consecutive Session

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday for a fifth straight session on stronger demand across all vessel segments.

Singapore Exchange, Baltic Exchange Continue Transaction Talks

Singapore Exchange (SGX) has agreed with the Baltic Exchange Limited (Baltic Exchange) to extend the period of exclusive discussions regarding a cash offer for

Hanjin to Return 38 Vessels Next Year

Hanjin Shipping is planning to return a total of 38 chartered vessels once their contracts end as part of its restructuring efforts, reports the Korea Herald. A

Container Ships

Essberger Fleet Moves to Marlink’s Sealink VSAT Service

The Hamburg headquartered John T. Essberger (JTE) Group will migrate the primary communication systems of its entire fleet to Sealink, Marlink’s global maritime broadband VSAT service.

EU to Accept Antitrust Offer from Maersk, MSC, 13 Others

World No.1 container liner Maersk, Swiss peer MSC and 13 other shipping firms are set to escape possible penalties as EU antitrust regulators plan to accept their offer to end a five-year probe,

EU to Accept Antitrust Offer From Maersk, MSC, 13 Others

World No.1 container liner Maersk, Swiss peer MSC and 13 other shipping firms are set to escape possible penalties as EU antitrust regulators plan to accept their offer to end a five-year probe,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Pipelines Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0859 sec (12 req/sec)