Fast Market Research

Recently Released Market Study: China Shipping Report Q2 2012

New Transportation market report from Business Monitor International: "China Shipping Report Q2 2012"


Boston, MA -- (SBWIRE) -- 06/14/2012 -- BMI View

Following positive throughput figures across China's port sector for the first half of 2011, we forecast another year of growth for Chinese ports, with the Port of Shanghai set to retain its title as the world's largest container terminal for at least another year. We caution, however, that there are downside risks to our outlook. We are concerned about a possible slowdown in Chinese economic growth, as well as the sluggish consumer demand in the US - China's biggest export market - and the eurozone in recent months.

We believe that a noticeable slowdown in growth is set to come into effect during our forecast period. Our core view on Chinese growth is that we are past the boom phase and we are entering a period of much weaker expansion, with headline real GDP growth set to fall to 7.5% by 2013. The slowdown in the construction sector will result in less demand for imports of goods such as iron ore and coal, while ports and shipping lines alike are feeling the effects of a gradual contraction in China's overseas trade volumes over our mid-term forecast period. Although this moderation in growth is expected to be soft, concerns over the possibility of a sharper contraction in Chinese bilateral trade adds a degree of downside risk to our projections.

View Full Report Details and Table of Contents

Headline Industry Data

- 2012 Port of Shanghai tonnage throughput forecast to grow 2.33%; over the mid-term we project average annual growth of 5.23%.
- 2012 Port of Shenzen container throughput forecast to grow 0.19%; over our forecast period we project average annual growth of 1.83%.
- 2012 trade growth forecast at 2.52%, a considerable slowdown from 2011's estimated 9.27%.

Key Industry Trends

Grand China Shipping Surprises With Intra-Asia Route Cut, Could Domestic Strategy Be Way Ahead? Chinese box carrier Grand China Shipping (GCS), part of Grand China Logistics, continues to decrease its exposure to the box shipping market, dropping another route and decreasing its container fleet. While BMI understands the reason behind GCS suspending its transpacific exposure, we are surprised by the company's latest move away from intra-Asia, which is somewhat protected from the rate turmoil on the developed trade routes.

China Increases Investment In Sri Lankan Ports, While India Orders Warships

BMI believes that protestations of the entirely amicable relationship between India and China with regards to the investment in ports on the island nation of Sri Lanka, off the southern tip of India, are somewhat belied by the massive investment India is set to make in building up its naval power over the coming years.

Direct Service Cancelled As Bangladesh-China Leg Struggles To Make Profit

BMI is unsurprised that a direct container shipping link between China and Bangladesh has been cancelled, given the disparity in export/import trade between the two countries.

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

Browse all Transportation research reports at Fast Market Research

You may also be interested in these related reports:

- Russia Shipping Report Q2 2012
- South Korea Shipping Report Q2 2012
- Croatia Shipping Report Q2 2012
- Pakistan Shipping Report Q2 2012
- Egypt Shipping Report Q2 2012
- Indonesia Shipping Report Q2 2012
- Malaysia Shipping Report Q2 2012
- Vietnam Shipping Report Q2 2012
- Philippines Shipping Report Q2 2012
- Estonia Shipping Report Q2 2012