South Africa Shipping Report

Published 04 June 2015

  • 109 pages
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$1,295.00
South Africa Shipping Report

BMI View: We forecast positive growth across South Africa's ports in 2015, following a decline at many facilities in 2014. There are risks to this outlook, however. Although a fall in the price of oil has the potential to increase household consumption, this benefit will be largely offset by ongoing currency depreciation. Unemployment and negative sentiment also remain high. Demand will be far from robust, but it will nevertheless not see a dip. In terms of gross tonnage volumes, coal will continue to be the primary driver of growth, although the slowdown in China does present some risk to this.

Headline Industry Data

  • Richards Bay Port tonnage throughput in 2015 is forecast to return to growth at 0.3% following a decline in 2014. Over the medium term to 2019 we project a 1.9% average annual increase.

  • Port of Durban container throughput is forecast to grow by 2.5% in 2015. Growth will average 3.2% per annum in the medium-term forecast period to 2019.

  • 2015 total trade growth is forecast at 4.0%, and will average 4.1% per annum to 2019.

Key Industry Trends

Durban Silting Up: The port of Durban is silting up, and this threatens dry bulk handling at the port. Shipping stakeholders have been concerned over insufficient dredging at the facility, and in May, port manager Moshe Motlohi confirmed that sand was coming into the entrance channel, forcing the authorities to narrow it for ships coming in. While the port is adamant the silting up is not a threat for shipping companies, should the problem be allowed to escalate it could cause them to look elsewhere.

Ongoing Labour Disputes A Challenge: There has been increasing labour unrest in South Africa over the past several years and since the Marikana massacre in particular. This will affect volumes exported through South African ports. The issue is also affecting the shipping sector fundamentally. In April this year, there was a brief labour dispute at the port of Durban as workers unhappy with the...

BMI Industry View
7
SWOT
9
Shipping
9
Political
10
Economic
11
Operational Risk
12
Industry Forecast
14
Port Of Durban Throughput
14
Port Of Richards Bay Throughput
19
Table: Major Ports Data (South Africa 2012-2019)
22
Table: Trade Overview (South Africa 2012-2019)
24
Table: Key Trade Indicators (South Africa 2012-2019)
25
Table: South Africa's Main Import Partners, 2006-2013
26
Table: South Africa's Main Export Partners, 2006-2013
27
Market Overview
28
South Africa Container Shipping Market Overview
28
South Africa Company Profile
36
Safmarine
36
Deutsche Afrika-Linien (DAL)
40
Shipping - Global Industry View
42
Three Container Routes To Watch In 2015
42
Global Company Strategy
49
Maersk Line
49
Mediterranean Shipping Company (MSC)
60
CMA CGM
66
Evergreen Line
75
COSCO Container Lines Company (COSCON)
83
Excel Maritime Carriers
91
DryShips
94
Macroeconomic Forecasts
99
Economic Analysis
99
Table: Economic Activity (South Africa 2010-2019)
104
Demographic Forecast
105
Demographic Outlook
105
Table: Population Headline Indicators (South Africa 1990-2025)
106
Table: Key Population Ratios (South Africa 1990-2025)
106
Table: Urban/Rural Population & Life Expectancy (South Africa 1990-2025)
107
Table: Population By Age Group (South Africa 1990-2025)
107
Table: Population By Age Group % (South Africa 1990-2025)
108

The South Africa 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 South Africa.

BMI's South Africa 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 South Africa.

Key Benefits

  • Benchmark BMI's independent shipping industry forecasts for South Africa to test other views - a key input for successful budgeting and strategic business planning in the South African shipping market.
  • Target business opportunities and risks in South Africa 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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