Ports & Services Industry to Grow Moderately

Press Release
Sunday, September 16, 2012

Moderate growth over next five years in the global marine ports & services market is forecast in a new market report.

The global marine ports and services industry depicted a certain amount of resilience during the 2009 economic slump to stand at an estimated $57.3 billion by 2011 with a 4.9% CAGR during 2006-2011. The global marine ports and services market is forecast to approach $66billion in revenue by 2017 with a 3.3% CAGR during 2012-2017, according to market research by Luncintel.

Increasing seaborne trade with the developing economies is anticipated to spur long-term growth in the global port activity,leading to an upswing in the industry.

Lucintel has analyzed the global marine ports and services industry and offers its findings in a comprehensive research report, “Global Marine Ports and Services Industry 2012-2017: Trend, Profit, and Forecast Analysis.” The report focuses on North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW) and based on the analysis, APAC is expected to outpace the rest with the highest growth over the next five years.

As the study indicates, although the constant threat of terrorism and environmental issues challenge growth in the global marine ports and services industry, it holds significant opportunities for industry players due to the growing demand related to marine ports and services and the development of new ports.

The data and analysis found in this report can be used for a variety of functional business reasons including business development, strategic planning, determination of market size and trends, competitive analysis , investment decisions, and joint product development.     

For more information click here.                      


 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

4th cycle of SR 520 pontoons completed in Aberdeen

Another six State Route 520 bridge pontoons began floating out of the Aberdeen casting basin late Tuesday night, April 15, marking completion of the fourth of six

Padbury delays detailing port funding

Padbury Mining on Thursday failed to reveal the investors behind a more than $6 billion port and rail project in Western Australia's iron ore belt, asking for its

SC Ports Report Record Pier Container Volumes

Georgetown grows 10 percent fiscal year to date Today South Carolina Ports reported March pier container volumes were the highest since August 2008. Last month the Port handled 85,

People in the News

Putin set on defusing Ukraine crisis

Foreign ministers from East and West will try to defuse the Ukraine crisis on Thursday in Geneva, once frequently the scene of Cold War negotiations, but will risk

Treadwell: Arctic Security Should Be National Priority

Lt. Governor Mead Treadwell delivered the keynote address yesterday at the Arctic Collaborative Workshop in Fairbanks. Treadwell discussed five reasons why

US Sens. Kaine and Reed Visit Newport News Shipbuilding

Huntington Ingalls Industries (HII) hosted U.S. Sens. Tim Kaine (D-Va.) and Jack Reed (D-R.I.) Tuesday for a tour of the company's Newport News Shipbuilding division.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Offshore Oil Pipelines Port Authority Salvage Ship Repair Ship Simulators 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: 0.1166 sec (9 req/sec)