Singapore Shipping Report

Published 12 August 2015

  • 63 pages
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  • Includes 3 free updated quarterly reports
$1,295.00
Singapore Shipping Report

BMI View:

Our projections for the Port of Singapore indicate positive growth rates over the next five years. Gross tonnage in terms of throughput tonnes will expand an average 2.6% yearly from 2015 to 2019. During the same period, box handling capacity and total trade will grow by a y-o-y average of 1.9% and 3.9%, respectively. Negotiations over a possible Trans Pacific Partnership trade deal are advancing and the deal will increase the port's trade flows. Expansion projects at the port are continuing and will help Port of Singapore remain competitive in the evolving industry. Pasir Pejang development phases are under way to allow mega vessels to use the port and a liquefied natural gas (LNG) bunkering project is planned, to provide refuelling services to the increasing number of LNG-fuelled vessels.

Headline Industry Data

  • The port of Singapore's gross tonnage in terms of throughput tonnes will grow by 0.63% in 2015 and will expand an average 2.62% over our medium-term forecast period to 2019.

  • The port of Singapore's box handling set to fall by 2.29% in 2015, with average annual growth set at 1.8% per annum over the medium term.

  • The country's overall trade will grow by 1.4% in real terms in 2015 and will average 3.9% to 2019.

Key Industry Trends

Singapore Could Be Back In The Running For First Place : The Trans-Pacific Partnership (TPP) trade deal will further bolster the rapidly expanding maritime trade flows between Asia and Latin America, as well as reviving the transpacific trade route between North America and Asia. With signs that an agreement could be reached as early as end-2015, the TPP poses upside risk to our shipping forecasts for Singapore over the medium and longer term (2015-2024).

Singapore Sees TEU Volumes Drop in First Half of 2015: The port of Singapore moved less container throughput in the first six months of 2015 compared to a year ago. Total container throughput was 16.5mn TEUs in the first half of 2014 compared to...

BMI Industry View
7
Singapore - Q315
7
SWOT
9
Singapore - Q315
9
Political
11
Economic
12
Operational Risk
13
Industry Forecast
15
Port Of Singapore Throughput
15
Table: Major Ports Data (Singapore 2012-2019)
21
Table: Trade Overview (Singapore 2012-2019)
21
Table: Key Trade Indicators (Singapore 2012-2019)
22
Table: Top Import Partners, 2006-2013 (USDmn)
23
Table: Top Export Partners, 2006-2013 (USDmn)
24
Market Overview
25
Singapore Container Shipping Market Overview
25
Company Profile
31
Pacific International Lines (PIL)
31
Pacific Carriers Limited (PCL)
34
APL
36
Shipping - Global Industry View
40
Container Shipping: Three Key Themes
40
Table: Major Beneficiaries
40
Table: Order Book For New Mega Vessel Class
42
Table: Vessel Capacity By Trade Route
45
Global Company Strategy
47
Maersk Line
47
Mediterranean Shipping Company (MSC)
59
CMA CGM
66
Evergreen Line
77
COSCO Container Lines Company (COSCON)
85
Macroeconomic Forecasts
92
Economic Analysis
92
Demographic Forecast
97
Demographic Outlook
97
Table: Population Headline Indicators (Singapore 1990-2025)
98
Table: Key Population Ratios (Singapore 1990-2025)
98
Table: Urban/Rural Population & Life Expectancy (Singapore 1990-2025)
99
Table: Population By Age Group (Singapore 1990-2025)
99
Table: Population By Age Group % (Singapore 1990-2025)
100

The Singapore Shipping Report has been researched at source and features latest-available data and BMI Research's independent forecasting, critically analysing international transport of dry bulk and containers. The report evaluates the global commodities and trade backdrop, alongside in-depth country-specific analysis of trade prospects. The report also contains company profiles covering leading multinational and national shipping companies and analysis of latest industry news, trends and regulatory developments in Singapore.

BMI's Singapore Shipping Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the shipping industry in Singapore.

Key Benefits

  • Benchmark BMI's independent shipping industry forecasts for Singapore to test other views - a key input for successful budgeting and strategic business planning in the Singaporean shipping market.
  • Target business opportunities and risks in Singapore through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
  • Exploit the latest competitive intelligence and company SWOTS on your competitors and peers including multinational and national companies.

Coverage

BMI Industry View

Summary of BMI's key industry forecasts, views and trend analysis covering shipping, major investments and projects and significant multinational and national company developments.

SWOT Analysis

SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis of the state's shipping sector, which carefully evaluates the short- and medium-term issues facing the industry.

Market Overview

Analysis of the capacity, terminals and planned development of the major ports in each country, including data on throughput and total tonnage.

Industry Forecast Scenario

Historic data series (2008-2012) and forecasts to end-2018 for all key industry and macroeconomic indicators (see list below), supported by explicit assumptions, plus analysis of key downside risks to the main forecast, including:

Major port freight throughput (tonnes/teu); overall freight throughput (teu); total imports (US$bn) and exports (US$bn).

Company Profiles

Company profiles include business activities, leading products and services, company strategy, trends and developments and economic performance analysis.

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