PRLog (Press Release) – Jun 22, 2011 – BMI View
The outlook for the Estonian ports and shipping sector in 2011 is positive. The Port of Tallinn remains one of the key facilities in the Baltic, and a combination of ongoing GDP recovery together with dynamic trade with Estonia's Scandinavian and Baltic neighbours should maintain freight transport demand on a reasonable growth curve. We believe that Estonia is now well past the trough of the sharp recession it experienced in 2009, with sustainable growth led by foreign trade, domestic demand and investment, in that order. The governing coalition did well in parliamentary elections in March, increasing its majority and reducing policy risks. We expect Prime Minister Andrus Ansip to press on with his mix of policy reforms, tax cuts, and tighter fiscal policy.
Headline Industry Data
* Port of Tallinn gross tonnage set to rise by a strong 14.9% to 42.108mn tonnes in 2011, following a 16.0% increase in 2010 * Box traffic at Tallinn to grow at a slower pace, +5.6% to 160,402 TEUs in 2011, down from 16.0% the year before * Estonian foreign trade to gain 14.8% in real terms this year, after 21.4% growth in 2010. Export g ni ssan GTR specification rowth will lead with 15.5% expansion, ahead of imports up by 14.0%.
---------------------------------------------------- --------Full Report Details at - http://www.fastmr.com/prod/171472_estonia_shipping_repor ... ------------------------------------------------------------
Key Industry Trends
Port of Tallinn Has Good First Quarter - Official statistics show cargo tonnage rose by 8.6% to 9.2mn tonnes during the first quarter of 2011. The number suggests the port is benefiting from strong foreign trade performance, despite fears over the potential loss of liquid bulk business to Russia's new Port of Ust-Luga. The port operator also announced EUR13.10mn (US$18.85mn) in consolidated net profit in the first quarter of 2011, up by EUR2.6mn or 25%, year-on-year.
Presidents Promote Kazakh Transit Through Estonian Ports - The Estonian and Kazakh presidents met in April and discussed using Estoni automobile news an deep sea ports as transit hubs for land-locked Kazakhstan's trade in oil, metals and other goods. Estonian President Toomas Hendrik Ilves said 'Estonian ports could provide Kazakhstan with access to the ocean and world trade'.
Rail Garant Could Face Legal Challenge at Muuga - Russia's Rail Garant won the contract to operate Muuga Terminal at the Port of Tallinn, but Transiidikeskus, an Estonian terminal operator, said it was considering mounting a legal challenge as it believed the contract had been improperly awarded.
Key Risks to Outlook
We believe the main risk to our ports and shipping forecasts concerns the volatility of transit trade - an important if somewhat unpredictable component of overall freight demand. This is on the whole a downside risk, given the possibility that more-than-expected Russian liquid bulk cargo will be re-routed through the new Russian Port of Ust-Luga. Ust-Luga's role will become more apparent in the second half of 2011, as it comes into full operation. There is, however, some potential upside risk from the development of transit opportunities involving Kazakhstan and China.
Report Table of Contents:
SWOT Analysis - Estonia Shipping SWOT Global Overview - Container Industry Overview - Drivers - Bellwethers - Rates - Players - Dry Bulk Shipping Overview - Drivers - Capacity - Rates - Liquid Bulk Shipping Overview - Drivers - Capacity - Rates - Players - Geopolitical Developments Industry Trends an android application d Developments Market Overview - Port of Tallinn - Overview - Terminals, Storage and Equipment - Expansions And Developments - Multi-Modal Links Industry Forecast - Table: Major Port Data - Table: Trade Overview - Table: Key Trade Indicators - Table: Main Import Partners - Table: Main Export Partners Company Profiles - Maersk Line - Mediterranean Shipping Company (MSC) - CMA CGM - Hapag-Lloyd - Evergreen Line - APL - CSAV - COSCO Container Lines Company Limited (COSCON) - Hanjin Shipping (Container Operations) - China Shipping (CSCL)
About Business Monitor International
Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers 1086274749 assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at http://www.fastmr.com/catalog/publishers.aspx?pubid=1010
Ab out Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
For more information about these or related research reports, please visit our mustang car website at http://www.fastmr.com or call us at 1.800.844.8156.
Get automobile news and garbage compactor
0 komentar:
Posting Komentar