Singapore Shipping Report

Published 27 May 2015

  • 102 pages
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  • Includes 3 free updated quarterly reports
Singapore Shipping Report

BMI View: We expect slow, but steady growth at the port of Singapore in 2015. The port will not reclaim its position as the world's largest container-handling facility from the port of Shanghai, and we believe that such a scenario is unlikely to play out in the next five years. We caution, however, that considerable upside risk to our forecasts is presented by the possibility of a Trans-Pacific Partnership trade deal, which will further bolster the rapidly expanding maritime trade flows between Asia and Latin America and boost volumes at the port of Singapore.

Headline Industry Data

  • The port of Singapore's gross tonnage will grow by 4.3% in 2015 and will expand an average 5.2% over our medium-term forecast period to 2019.

  • The port of Singapore's box handling set to grow by 3.0% in 2015, with average annual growth set at 3.6% per annum over the medium term.

  • The country's overall trade will grow by 2.9% in real terms in 2015 and will average 5% 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 March : The port of Singapore moved less container throughput in March 2015 compared to a year ago, but volumes rose month-on-month, according to preliminary estimates from the Maritime and Port Authority of Singapore (MPA). In March, Singapore port recorded throughput of 2.74mn twenty-foot equivalent units (TEU), down 3.5% compared to the 2.84mn TEU registered in the same period of 2014, MPA figures showed.

Daelim Team Wins Tuas Port Terminal Deal : The MPA has awarded a SGD2.42bn...

Table of Contents

BMI Industry View
Singapore - Q315
Singapore - Q315
Operational Risk
Industry Forecast
Port Of Singapore Throughput
Table: Major Ports Data (Singapore 2012-2019)
Table: Trade Overview (Singapore 2012-2019)
Table: Key Trade Indicators (Singapore 2012-2019)
Table: Top Import Partners, 2006-2013 (USDmn)
Table: Top Export Partners, 2006-2013 (USDmn)
Market Overview
Singapore Container Shipping Market Overview
Company Profile
Pacific International Lines (PIL)
Pacific Carriers Limited (PCL)
Shipping - Global Industry View
Three Container Routes To Watch In 2015
Global Company Strategy
Maersk Line
Mediterranean Shipping Company (MSC)
Evergreen Line
COSCO Container Lines Company (COSCON)
Macroeconomic Forecasts
Economic Analysis
Demographic Forecast
Demographic Outlook
Table: Population Headline Indicators (Singapore 1990-2025)
Table: Key Population Ratios (Singapore 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Singapore 1990-2025)
Singapore Shipping Report Q3 2015
Singapore Shipping Report Q3 2015
- Business Monitor International Ltd Page 4
- Business Monitor International Ltd Page 4
Table: Population By Age Group (Singapore 1990-2025)
Table: Population By Age Group % (Singapore 1990-2025)

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.


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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'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc