ReleaseWire

The primary issue in Indian shipping continues to be the state of the nation's ports. Investment in the 12 major state-run facilities has not kept up with the demand engendered by the rapid economic growth experienced in India over the past decade. This is leading to repeated issues of congestion in the ports, but investment is now being made. However, this may be a case of too little, too late. Further, Indian ports' troubles have been compounded by a fall in demand in the eurozone, which has contributed to a fall in container throughput at many facilities in recent months. It is hoped that the projected return to growth in the currency bloc in 2014 will result in throughput growth returning to the major Indian ports.

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For 2014, we have a positive outlook for Kenya's ports and shipping sector based on three main factors: reasonable economic growth in Kenya itself; a dynamic East African region (this is important because Mombasa acts as a trade gateway for many of Kenya's neighbouring countries); and finally, continuing signs that Mombasa port's ongoing congestion problems are easing. Granted, there are significant threats to Mombasa's almost monopoly-like role in this part of Africa, but they exist in the long term.

BMI maintains its cautiously optimistic view on the US shipping sector. After estimated contractions in TEU throughput at both the port of Los Angeles and the Port of New York/New Jersey in 2013, we forecast a return to growth in 2014 at both facilities. Our view for gradual strengthening in the US economy through end 2014 continues to play out, driven by a tightening labour market and sustained growth in the cyclical components of the economy, notably the residential housing sector and business investment in equipment. Data have been particularly strong in recent months, and we acknowledge that risks are weighted to the upside.

V-Shaped Recovery Taking Shape In Estonia

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

SR International Logistics renowned as ocean freight forwarders offer the most dependable and affordable freight forwarding services. Their extensive shipping services in transportation include Air Freight Forwarding; Ocean Freight Forwarding, barging, specialized Truck carriers and Rail. They also provide custom clearance, packaging/crating/containerization, warehousing, distribution and inventory management.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

Economy Set To Remain Flat In 2014

We continue to see Indonesia undergoing an adjustment processs, which will see lower growth on the short term, as the authorities seek to cool and rebalance an economy that had overheated. Quarterly growth was below expectations in Q313, but then above expectations in Q413. Despite this fluctuation the economy in our view remains on a slight downtrend as efforts are made to narrow the current account deficit, squeeze out inflation, and tighten monetary policy. For full-year 2013, GDP growth was 5.8%, the lowest level in four years. We are forecasting a further slowing to 5.4% GDP growth in 2014 (no change compared to our last quarterly report), picking up to 6.5% growth in 2015.

FP Mailing Solutions, the fastest-growing mailing systems vendor in the United States, has released an important update for its MailOne 2.0 software. The update will improve the software’s ability to support electronic U.S. Postal Service delivery confirmations.

The Israeli ports sector is undergoing a state of flux, with the major ports set to be expanded with new, privately operated, terminals, which will be able to handle the larger vessels that are becoming the norm on the key Asia-Europe trade route on which Israel stands. However, the developments are facing strong opposition from current port workers and unions. In terms of demand, moderate growth at Israel's containerhandling facilities should be supported by steady, though unspectacular, economic growth.

Romania - Q2 2014

Weak Recovery Still Expected In 2014

The port of Hong Kong holds the top position in Hong Kong's maritime sector in terms of both total tonnage and container throughput. BMI believes it will demonstrate growth in 2014 after 2013 performance was hindered by a forty day strike, continued recession in the eurozone, the sluggish nature of US economic growth, the slowing outlook for the Chinese economy, the move of Chinese factories further inland and competition from the neighbouring port of Shenzhen.

Qannu is excited to announce the official launch of its Shopping Site. Located at Shopping.Qannu.com, the page is designed to enhance the online shopping experience for Australian shoppers through a streamlined, all-inclusive browsing experience. Australian consumers can proceed directly through the Qannu Shopping website and access the US-based retailer of their liking. Upon purchase, users will have their items shipped directly to Qannu’s warehouse location in Los Angeles. Once arrived, consumers can opt for immediate shipping of an individual product or to have the products consolidated with additional orders for savings on the total cost.

We forecast that Iran will return to economic growth in 2014, with real GDP set to expand by 2.8% following our 2013 estimate of a 3.5% contraction. Container shipping also is set to take tentative steps to recovery. Risks to the upside to both of these forecasts are presented by the growing rapprochement between Iran and the international community. However, the country's shipping sector has been impacted severely by sanctions in recent years - another hit came in 2013 as since the introduction of strengthened US sanctions on July 1, all major shipping lines ceased calling at Iranian ports. At the time of writing, in January 2014, it appeared that shipping lines would be returning to Iran as rapprochement continued. However, this had not been confirmed and there were no indications as to when it was expected to happen.

Considerable investment in the expansion of Chile's ports confirms our positive outlook for its ports infrastructure and the wider construction industry. We also maintain our positive outlook for Chile's construction industry on the back of an investor-friendly business environment, political stability, and a strong pipeline of projects. Although we estimate a moderate slowdown in real growth for 2013 and 2014 to 4.7% and 5.6% respectively - compared to 8.1% in 2012 - this still represents a promising outlook. In addition, we expect the Chilean construction industry value to more than double in the next decade, reaching US$51.5bn by the end of our 10-year forecast period to 2023.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Ships and Boats market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change.

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