Global Shipping Industry - Forecasts till 2015

2014-03-17

The global shipping industry is one of the biggest industries of today's times. During the coming years, it is expected to decline by 5-10% due to oversupply and high bunker oil prices that will eventually lead to constraining of its performance. A sustained oversupply of vessels combined with high bunker oil prices will pressure margins in most shipping segments.

The tanker market has also been affected by the oversupply of vessels in the near term aided by lower OPEC production levels; though the outlook for the product tanker segment is more favorable since demand growth is likely to outpace supply during 2013, leading freight rates to rise by the end of this year. Box freight rates for the container segment have rebounded since March this year. However, strong improvement in earnings should not be expected for the full year in this segment. This reflects sustained high bunker oil costs and pressure on container rates stemming from recent increases in deployed tonnage of box ships.

Although, Japanese conglomerates are likely to be affected to a lesser extent by negative market trends affecting other global shipping companies owing to their scale, diversification (including their liquefied natural gas, or LNG, fleets) and strong relationships with customers.

AP Moller Maersk, Nippon Yusen, Kawasaki Kisen, Mitsui OSK Lines, China COSCO and Evergreen Marine are some top players in the industry.

This product provides an analysis of the Global Shipping Industry. The report covers the following:

- An analysis of the global shipping industry through an overall industry overview and an analysis of each segment. Each industry segment is analyzed by a market overview, industry statistics, and demand & supply statistics. The report will analyze 5 segments- Crude Tanker, Product Tanker, Chemical Tanker, Automobile Export Tanker, Dry Bulk Shipping segment, and the Containership Market.

- The author includes an analysis of the top 20 shipping markets in the world such as Australia, China/Hong Kong, Norway, Philippines, Russia, Singapore, UK, South Africa and the United States.

- Forecast till 2015 for the global shipping industry, global crude tanker industry, global product tanker industry, global chemical tanker industry, global dry bulk shipping industry and a forecast for the global containership industry is included.

- Analysis of 35 major shipping companies such as AP Moller Maersk, China COSCO, China Shipping Development, D/S Norden, Golar LNG, Kawasaki Kisen, Hyundai Merchant Marine, and others is included. Analysis of each player includes valuations & ratio analysis, investment risk analysis, company strategies, future risks, market value analysis, market share analysis, financial analysis, SWOT analysis, etc.

Source from : Research & Markets

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