Container Shipping, Oil & LNG Markets Forecasted to Grow

Global containerization market to reach 731 million TEU's in 5 years, soaring demand for oil & LNG across Asia also forecasted

Global Industry Analysts Inc. (GIA) announce the release of a comprehensive global report on the maritime containerization market. The report indicates that the global market for maritime containerization is projected to reach 731 million TEUs by the year 2017.

Growth will be primarily driven by increasing sea trade, developments in shipping networks and transshipment hubs, encouraging investments in port terminal facilities, growing capacity and increased frequency of global maritime freight transport.

The market also stands to benefit from soaring demand for oil and liquefied natural gas (LNG) across Asia and the resulting growth in the transport of liquid and gaseous commodities.

The research report titled “Maritime Containerization: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities.

The report may be accessed here.