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 April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Targa: Splitter, Terminal with Noble Still Under Consideration

Targa Resources Partners LP is working closely with Noble Group as Asia's biggest commodity trader evaluates whether to move forward a deal to support a Targa-built condensate splitter,

Argentine Soyoil Exports Slowed by Strike

Argentina soyoil shipments were slowed on Tuesday by the start of a wage strike by a union representing 20 percent of the country's crushing workers, while the

Portsmouth Pilots Use High Detailed Charts

Portsmouth Pilots are now using bathymetric ENCs in combination with official ENCs on their Portable Pilot Units. For many years Portable Pilot Units (PPUs)

People in the News

Forty Migrants Drowned in Med on Sunday

Around forty migrants died in the Mediterranean on Sunday, according to survivors of the journey who arrived on the southern Italian island of Sicily on Tuesday,

India to Sign Port Deal with Iran

India to build port in Iran to get more trade with CIS and Gulf India will push ahead this week with plans to build a port in southeast Iran, two sources said,

ExxonMobil's License for EON Reality

ExxonMobil Research Qatar (EMRQ) today announced that ExxonMobil has awarded a global commercial license for Immersive 3D Operator Training Simulator technology to co-developer EON Reality Inc.

 
 
Maritime Careers / Shipboard Positions Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.2603 sec (4 req/sec)