ReleaseWire

Our outlook for the port of Singapore for 2014 is that it will not overtake the port of Shanghai for the crown of the world's largest container port. We now see such a scenario as unlikely to fall out, and we believe that Shanghai will increase its lead over Singapore, not only this year but over our medium-term forecast period to 2019. Nevertheless, growth in Singapore will remain positive, buoyed by a return to growth (albeit tentative and uneven) in Europe, and the ongoing recovery in the US.

SR International Logistics, an international freight shipping company, offers services for sporting and entertainment events. The shipping for these events requires logistics to specific locations, as well as returning shipments and projects with strict observance to critical industry time. They have over 15 years of experience within this department, including logistics management for the X-Games, Warren Miller Films, the Peaks Peak Hill Climb, and many more.

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.

The Qatari shipping sector continues to be dominated by the export of the country's key commodity, natural gas, through the export terminal of Ras Laffan. Much of this is carried by national carrier Qatar Gas Transport (Nakilat). However, the country is looking to increase its container and dry bulk shipping presence as well, through the development of the New Doha Port, which is being developed with an eye towards capturing some lucrative transhipment trade. Further, Qatar is making its presence felt in foreign ports sectors and is investing in developing facilities in Egypt.

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.

Many people all over the world feel a little bit of envy every time they go through the online stores at the official Prada or Apple website. The prices are affordable but once the order is about to be completed, the customer is left in shock when they get a glimpse of the shipping rates. In many countries, shipment rates are actually double or even triple the original price of the coveted product if the person ordering lives outside of USA and Canada.

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.

Congressman Peter Roskam, of the Illinois 6th District, will visit Corporation for International Business (CIB) on Wednesday, March 19th to learn more about U.S. Foreign Trade Regulations which will adversely affect U.S. exports and companies in his District and, across the United States. Congressman Roskam, with his primary foreign policy staff member, Mike Dankler, will invest an hour on the 19th meeting with CIB business owners and meeting employees. Roskam is Chief Deputy Whip and serves on the key Committee on Ways and Means and its sub-committee on Trade which oversees Customs and Border Protection.

President Nicolas Maduro's price cut on appliances poses a threat to Venezuela's port sector as shippers have already begun redirecting their shipments away from the country. We have previously forecast the country's ports of Puerto Cabello and La Guaira to experience robust growth in 2013. The government's populist measure, however, poses downside risk to our near-term forecasts.

Political Deadlock Holds Back Growth

Strengthening Recovery On The Cards In 2014

Manila International Container Terminal (MICT) is set to hold the top position in Philippines's maritime sector in terms of box throughput in 2014, with BMI projecting steady growth at the facility. Cebu, one of the country's largest ports in terms of total throughput is also expected to increase its freight volumes.

BMI forecasts growth across the board at Colombian ports in 2014. This will in part be due to base effects, as most facilities endured a downturn in their volumes in 2013. Growth over the medium term will be supported by growth in private consumption on the back of rising wages, and the opening of the expanded Panama Canal, which would see more, and larger, vessels calling at the country's ports. This possibility has piqued the interest of international container terminal operators such as International Container Terminal Services Inc (ICTSI). Throughput volumes will also be supported by the growing dry bulk export story, in particular coal.

Political uncertainty will continue to affect the Egyptian economy in 2014 as the country continues through its rocky transitional period towards democracy. At the time of writing, in January 2014, violence has continued to wrack the country in the wake of the ouster of democratically elected President Morsi in July 2013, and a curfew remains in place. The uncertainty will continue to hamper trade and economic growth over the year.

Oman continues to develop into a regional powerhouse for the shipping and transhipment of dry bulk goods such as iron ore. To this end a new port is being constructed at Duqm and new cargo terminals at Salalah and Sohar. The new Duqm port will also boast a new oil refinery. Further port developments include the announcement that all cargo operations are to be moved from the Muscat port of Sultan Qaboos to Sohar by the end of August 2014. All of this is aided by Oman's position on the Arabian Sea, outside the Persian Gulf, enabling it to offer shorter shipping lines than ports within the congested body of water. On the macroeconomic side, growth in the Omani ports sector will be supported by an expanding GDP and rising private consumption.

Slight Pick-up In Port Activity Levels Expected

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.

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.

While the outlook for China's traditional economic growth drivers such as heavy industry and real estate construction remains cloudy, the outlook facing the more consumer-focussed industries is relatively strong over the medium term. Overall, though, as the traditional sectors remain the dominant drivers of the economy, we remain below consensus in our real GDP growth outlook.

BMI forecasts Canadian real GDP growth to move just above the 2.2-2.3% long-term trend on average in 2014 and 2015, with expansion of 2.3% and 2.5% in those years, respectively. The ongoing theme for the Canadian economy is 'rebalancing', with growth in early 2013 attributed to improving net exports offsetting weakness in domestic demand (following a 2012 in which consumer spending and fixed investment provided the bulk of growth as net exports dragged). This improvement in exports provides welcome news to the Canadian shipping sector.

Although we are sticking with our view that the Nigerian economy will grow by a robust 7.0% in 2014, we note that downside risks have increased over recent months. Specifically, ructions within the ruling party and the uncertainty surrounding the identity of the central bank governor are both issues which could destabilise the economy. That said, the country's shipping sector is set to perform well over the course of 2014, led in tonnage throughput terms by Port Harcourt, which is set to enjoy double-digit growth. Furthermore, the Port of Tincan Island is also expected to record healthy growth of just under 10%, while the Port of Lagos will also see healthy year-on-year (y-o-y) growth of 6.70%.

BMI's outlook for the Brazilian shipping industry remains strong with very healthy rates of growth expected in 2014 at the country's two largest ports, Santos and Salvador (double-digit at both). However, while stronger-than-expected GDP data in the year-to-date has seen us upgrade our 2013 real GDP growth forecast moderately, we believe the economic recovery is unlikely to accelerate further in 2014.

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.

Although we expect the Vietnamese economy to record yet another quarter of sub-par growth in Q4 2013, we are beginning to see potential for upside surprises to domestic demand over the coming quarters. Recent data on foreign direct investment inflows, remittances, passenger car sales, and property market launches, suggest to us that domestic demand is on a nascent recovery, setting the stage for stronger 2014 growth and with it, providing a boon for the country's shipping sector.