The document discusses port congestion issues driven by increased global trade. It identifies several key pressure points facing ports worldwide, including challenges in Europe from Russian trade growth, limited capacity at western European container ports, and issues with established French ports. Pressure points in Asia include rapidly expanding Chinese container ports, long ship queues in Australian bulk ports, and constrained coal and port networks in India and China. The Middle East, Africa, and North America are also facing port capacity challenges keeping up with trade demands.
The document provides an overview of the global shipping and offshore markets in 2013. It discusses trends in various shipping segments including tankers, dry bulk carriers, container ships, car carriers, and LNG carriers. The offshore section covers mobile offshore drilling units, offshore support vessels, and offshore construction vessels. Key points include another year of high fleet growth outpacing tonnage demand growth, declining freight rates and asset values across most shipping segments, and signs of recovery in the LNG and offshore markets. Overall, the markets remained challenging in 2013 but showed potential for recovery in 2014-2015 as the global economy improves and fleet growth moderates.
Navigating Horizons - Catalyst Maritime Trend study 2010Mikael Moller
Maritime industries have long represented a market of commodities and global competition, full of twists and turns due to its titanic size and the long tail of stakeholders fighting day to day for a piece of an uncertain sized pie.
But when the market is pulling for deeper logistical solutions and legislation bodies require still more stringent compliance standards, the only way forward seems to be a focus on sustaining competitiveness by sound strategic focus, new technologies, and innovation in all possible shapes.
Portof beira emea-july12-bro-s Researched Abi AbagunAbi Abagun
The Port of Beira in Mozambique has undergone significant expansion and investment over the past 15 years led by Cornelder de Mozambique. This has transformed perceptions of the port, which now plays a major role in Mozambique and the region's economic growth through its cost-effective service. The port handles a growing volume of imports and exports, especially for landlocked countries, and continues ambitious expansion plans to further increase its capacity and support trade. Security was a key early focus to change negative perceptions, and strategic pricing policies have attracted more regional trade to help overcome reluctance.
In this edition of Seaview we interview some of the leading names in international ro-ro, tanker and dry bulk shipping business and learn first-hand how they are addressing the current competitive market through increased efficiency while adopting environmentally friendly policies, can this be achieved, yes it can! Is LNG the marine fuel of the future, how is ship design changing to accommodate the particular storage challenges that this new “green” fuel brings and has the whole issue of LNG distribution been properly addressed? We take a look how the new generation of seafarers are going to be trained and the new cost saving tools that they will
use. And as always we will focus on safety and the latest initiatives that will ensure safe passage on ro-ro shipping. Lastly is the ConRo concept about to change the face of container shipping, read on and find out more in this edition of Seaview.
This document discusses strategic scenarios and decision points regarding crude-by-rail transportation. It begins by outlining key performance forces that could impact crude-by-rail's viability, including volatility in natural gas and oil pricing, regulations around crude oil exports, and safety regulations. It then presents a framework analyzing how different combinations of these forces could play out across three dimensions: crude oil exports, natural gas pricing, and safety regulations. Under this framework, 27 scenarios are possible, though not all are equally likely. The document concludes by suggesting stakeholders assess the highest probability and impact scenarios to focus on, such as one combining regulatory backlash and coal market recovery.
This is a simple overview of the China port market and the 30 biggest port markets in China. For more information go to www.port-investor.com or contact us on contact@industreams.com.
positioning proppant capacity for market shiftsAlex Fleming
This document summarizes challenges in the proppant market including volatility in supply and demand, variability between regions, and information asymmetry. It discusses how players have attempted solutions like contracts, mergers and acquisitions, and logistical optimization. However, a fundamental solution like a secondary market for trading proppant in transit could help clear surpluses and reduce misallocation. Key challenges to implementing this include regulatory issues, need for mobile tracking technology, and developing new skills. Innovation across the entire value chain may be needed to maximize capacity as demand grows in the coming years.
The document provides a PESTEL analysis and SWOT analysis for Bristol Port Company. Key points:
- Government support for a new deep sea container terminal which could create jobs but won't be built until economy recovers.
- Proposal for a tidal barrage was rejected due to negative impacts on Bristol Port.
- Fuel taxes increase transport costs, incentivizing minimizing transport distances which benefits Bristol Port.
- Traffic remains below pre-crisis levels though recovery is expected. Container traffic is growing fastest globally and domestically.
- Population aging may reduce consumer goods demand long-term but population is moving south toward Bristol Port.
The document provides an overview of the global shipping and offshore markets in 2013. It discusses trends in various shipping segments including tankers, dry bulk carriers, container ships, car carriers, and LNG carriers. The offshore section covers mobile offshore drilling units, offshore support vessels, and offshore construction vessels. Key points include another year of high fleet growth outpacing tonnage demand growth, declining freight rates and asset values across most shipping segments, and signs of recovery in the LNG and offshore markets. Overall, the markets remained challenging in 2013 but showed potential for recovery in 2014-2015 as the global economy improves and fleet growth moderates.
Navigating Horizons - Catalyst Maritime Trend study 2010Mikael Moller
Maritime industries have long represented a market of commodities and global competition, full of twists and turns due to its titanic size and the long tail of stakeholders fighting day to day for a piece of an uncertain sized pie.
But when the market is pulling for deeper logistical solutions and legislation bodies require still more stringent compliance standards, the only way forward seems to be a focus on sustaining competitiveness by sound strategic focus, new technologies, and innovation in all possible shapes.
Portof beira emea-july12-bro-s Researched Abi AbagunAbi Abagun
The Port of Beira in Mozambique has undergone significant expansion and investment over the past 15 years led by Cornelder de Mozambique. This has transformed perceptions of the port, which now plays a major role in Mozambique and the region's economic growth through its cost-effective service. The port handles a growing volume of imports and exports, especially for landlocked countries, and continues ambitious expansion plans to further increase its capacity and support trade. Security was a key early focus to change negative perceptions, and strategic pricing policies have attracted more regional trade to help overcome reluctance.
In this edition of Seaview we interview some of the leading names in international ro-ro, tanker and dry bulk shipping business and learn first-hand how they are addressing the current competitive market through increased efficiency while adopting environmentally friendly policies, can this be achieved, yes it can! Is LNG the marine fuel of the future, how is ship design changing to accommodate the particular storage challenges that this new “green” fuel brings and has the whole issue of LNG distribution been properly addressed? We take a look how the new generation of seafarers are going to be trained and the new cost saving tools that they will
use. And as always we will focus on safety and the latest initiatives that will ensure safe passage on ro-ro shipping. Lastly is the ConRo concept about to change the face of container shipping, read on and find out more in this edition of Seaview.
This document discusses strategic scenarios and decision points regarding crude-by-rail transportation. It begins by outlining key performance forces that could impact crude-by-rail's viability, including volatility in natural gas and oil pricing, regulations around crude oil exports, and safety regulations. It then presents a framework analyzing how different combinations of these forces could play out across three dimensions: crude oil exports, natural gas pricing, and safety regulations. Under this framework, 27 scenarios are possible, though not all are equally likely. The document concludes by suggesting stakeholders assess the highest probability and impact scenarios to focus on, such as one combining regulatory backlash and coal market recovery.
This is a simple overview of the China port market and the 30 biggest port markets in China. For more information go to www.port-investor.com or contact us on contact@industreams.com.
positioning proppant capacity for market shiftsAlex Fleming
This document summarizes challenges in the proppant market including volatility in supply and demand, variability between regions, and information asymmetry. It discusses how players have attempted solutions like contracts, mergers and acquisitions, and logistical optimization. However, a fundamental solution like a secondary market for trading proppant in transit could help clear surpluses and reduce misallocation. Key challenges to implementing this include regulatory issues, need for mobile tracking technology, and developing new skills. Innovation across the entire value chain may be needed to maximize capacity as demand grows in the coming years.
The document provides a PESTEL analysis and SWOT analysis for Bristol Port Company. Key points:
- Government support for a new deep sea container terminal which could create jobs but won't be built until economy recovers.
- Proposal for a tidal barrage was rejected due to negative impacts on Bristol Port.
- Fuel taxes increase transport costs, incentivizing minimizing transport distances which benefits Bristol Port.
- Traffic remains below pre-crisis levels though recovery is expected. Container traffic is growing fastest globally and domestically.
- Population aging may reduce consumer goods demand long-term but population is moving south toward Bristol Port.
Port cost as a component of total supply chain cost Tristan Wiggill
A presentation by Ms Brenda Horne-Ferreira (CEO: SASTaLC), at the Transport Forum SIG: "Driving down cost in the Supply Chain" on 3 September 2015 in Durban, hosted by Transnet. The topic of the presentation was: "Port Cost as a component of total supply chain cost".
03 Joe Nemeth Canadian Pulp Industry Transformation Or ExtinctionFilip Masopust
The 2009 Hawkins Wright Symposium discussed the challenges facing the Canadian pulp industry and whether it would transform or become extinct. The past saw unacceptable returns for pulp companies. Currently, factors like the housing market crash, changing fiber supply due to pine beetle infestation, and competing biomass demand present challenges. However, new green energy regulations in Canada and the US provide opportunities for transformation through investments in renewable energy and efficiency. The future of the industry may depend on whether companies can successfully transform operations through these green energy programs.
This document provides a summary of the Chinese port industry in 2011. It analyzes the status and performance of coastal and inland ports in China. Coastal ports are divided into five clusters: Bohai Rim, Yangtze River Delta, Southeast coast, Pearl River Delta, and Southwest coast. Major ports like Shanghai, Shenzhen and Guangzhou witnessed robust cargo and container throughput growth in 2010. The outlook for China's port industry from 2011-2015 is also discussed.
Optimisation vs. Automation in South African PortsTristan Wiggill
This document discusses optimisation versus automation strategies in South African ports. It provides context about Transnet SOC Ltd, which operates South Africa's ports and rail network. The document explores the differences between automation and optimisation approaches, noting that the best strategy incorporates both. Transnet Port Terminals' IntelliPort initiative is presented as a way to optimise ports through an integrated digital system that collects and analyzes data from across terminal operations. Benefits of the IntelliPort approach include improved decision making, operational performance, and safety through a unified software platform.
The presentation provides an overview of Vietnam's sea transportation industry and an update for 2011. It notes that while the industry benefits from Vietnam's good location, oversupply remains a key concern, especially for dry bulk and tanker segments. Financial ratios for listed transportation companies show an average ROE of 1.6%, which is not attractive. Given low projected growth and oversupply issues, the recommendation is to reduce industry allocation for 2011.
North American Energy & Petchem Markets-Future Imapct To RailTaylor Robinson
overviews of the North American oil & gas and petrochemical markets, as well as, key insights in the lower 48 shale plays and frac sand basins. The presentation included analysis of the supply and demand of U.S. NGL’s, and impact of the shale gas expansion on projected rail volumes. The topic of Mexican energy reform led the audience into look at specific opportunities south of the border, and ended with a big picture summary by commodity at the rail and railcar markets.
This document provides an overview of freight and goods movement issues facing California, including significant infrastructure shortfalls due to increases in trade volumes. It discusses California's strategic planning approach to address these challenges through focused visioning, innovative funding, and collaborative partnerships. Local planners are seen as playing a key role through land use decisions and prioritizing goods movement needs in regional transportation plans.
Supply Chain Project Status Update 010911 McdMark_Deacon
This document provides a status update on a container port supply chain project. It outlines a 6-stage process to construct an integrated planning model for the port: 1) Improve commodity forecasts and identify key routes; 2) Map routes using CAD/GIS; 3) Develop rolling commodity forecasts and shipping requirements; 4) Model port constraints; 5) Link revenue data; 6) Benchmark ports and develop reports. The goal is to provide management forward visibility and illustrate how supply chain principles can influence container movements and productivity.
Shipping Supply Analysis : planting the seeds of recoveryDaejin Lee
Seaborne dry bulk trade declined 0.1% in 2015 largely due to a 6% drop in coal trade and is unlikely to show any significant recovery in the medium term. However, record levels of demolition and minimal new orders have given some hope for fundamental recovery, though fleet supply is expected to increase in the near term because of the existing orderbook.
Support for recovery
High slippage and cancellation of contracts
Absence of new orders / Shipyard defaulting
Tonnage adjustment through slow-steaming
Difficulties
Highly fragmented ownership across many geographical regions
Massive remaining orderbook / Government backed Shipyards
Low fuel oil cost
Partnering With Metal Fabrication Supply Chains To Achieve Saskatchewan GrowthSteve Demmings
The document summarizes a presentation about partnerships between Saskatchewan and the Port of Thunder Bay. It discusses how the port currently handles commodities from Saskatchewan like potash, coal, and grain. It also outlines the capabilities and facilities of the port and the Thunder Bay Metal Fabricators Association that could enable future partnerships in areas like mining and petroleum. The port has the infrastructure to support increased shipping and receiving of Saskatchewan's exports and imports.
TEN Ltd is a leading energy transportation company that has operated for 20 years in the capital markets. It has a diversified fleet of 49 vessels totaling 4.9 million deadweight tons that include crude oil tankers, product tankers, LNG carriers, and shuttle tankers. TEN is looking to further diversify its operations by expanding into the growing LNG and offshore shuttle tanker markets. These sectors are expected to see high demand growth over the next 10-20 years as natural gas usage increases globally. Investing in LNG carriers and offshore shuttle tankers offers the potential for returns of 10-15% due to the strong market fundamentals and long-term contracts in these industries.
Seaports & Port Cities in southern Africa: the economic benefits and landslid...Railways and Harbours
The document discusses the impact of the global economic crisis on sea transport markets and South African ports. It notes that shipping markets experienced a boom in 2008 but then a steep decline from late 2008 onwards. It predicts muted growth in container traffic and dry bulk cargoes in 2009. However, lower freight rates may increase the competitiveness of long-haul trades like those from South Africa. While the short-term outlook is bleak, lower rates could benefit some sectors in South Africa like bulk cargo exporters and port ancillary services in the longer run.
- Industrial occupancy is healthy on both US coasts, with West Coast occupancy up 2.2% since 2007 and Gulf/East Coast occupancy up 4.4% over the same period.
- While West Coast ports have lost some market share in TEU volume to East Coast ports, this has not significantly impacted industrial occupancy on the West Coast.
- Ports located near large population centers like New York/New Jersey, Los Angeles, and Miami tend to command higher rents for quality industrial space near the ports compared to broader market rents, due to demand for access to their large consumer bases.
- As the expanded Panama Canal opens in 2016, ports on the East Coast like Savannah, Charleston, and Virginia
The expansion of the Panama Canal is scheduled for completion in mid-2016. This will allow larger methanol tankers to pass through the canal, changing global methanol trade routes. The expanded canal can accommodate vessels carrying up to 66,000 metric tons of methanol, compared to the current maximum of 40,000 metric tons. This is likely to significantly reduce transit times and costs between the US Gulf and Asian markets like China. China is a major importer of methanol and its internal distribution network and developing ports will play a key role in handling increased methanol shipments through the expanded Panama Canal. Geopolitical events, commodity price fluctuations, new regulations and plant capacities will all impact the future methanol market.
Combined with weak global trade, the shutdown of factories and scarcity of manpower to de-stuff cargos has derailed the functioning.
In order to survive cost pressures and solvency risks, container shipping industry has undergone aggressive consolidation.
This helped the companies to achieve economies of scale and scope and hence, lower cost through capacity and network optimization.
The global economic outlook is characterized by weak growth and great uncertainty, according to experts interviewed for the Maritime Outlook Report. Historically low interest rates and declining commodity prices indicate weakened international economic strength. Leading nations have nearly exhausted their fiscal and monetary options, and China is transitioning to slower but more sustainable growth. Geopolitically, the security landscape is becoming more challenging as civil wars rage in parts of the Middle East and North Africa. However, the Paris climate agreement offers hope for increased international cooperation. Shipping will play a role in reducing emissions through more efficient operations and new technologies. The decline in offshore activity on the Norwegian Continental Shelf poses challenges for Norway's maritime industry and economy.
The document discusses plans for developing an outer harbour in Kwinana, Western Australia to boost the state's economy. It argues that building the outer harbour would create an estimated 11,000 permanent jobs and $2 billion in annual economic contribution. A special economic zone in Kwinana could incentivize local manufacturing and processing of exported resources. The outer harbour would open up 4,000 hectares of industrial land for development and diversify Western Australia's economy by attracting foreign investment. The document calls on the government to focus on developing the outer harbour, establish a special economic zone, recycle water for industry and agriculture, and consider alternative port plans if the outer harbour is further delayed.
IONS Seminar 2014 - Session 2 - Seaborne Trade in the Indian OceanNavy Webmaster
The document discusses maritime commerce and trade in the Indian Ocean region. It notes that most trade with Indian Ocean littoral states is seaborne, forming economic lifelines. Shipping traffic is increasing due to rising trade, especially in energy. Container ships are getting larger to achieve economies of scale, placing pressure on port infrastructure. Major trading partners include China, India, and African nations, with growth in south-south trade. Security threats like piracy impact shipping costs. Cooperation between countries is needed to address challenges and facilitate continued growth of maritime commerce.
The document discusses Vietnam's transportation and logistics sector, focusing on sea ports. It notes that over $2 billion has been invested in port infrastructure but occupancy remains low. It recommends continuing to reduce port fees, relaxing cabotage laws to improve domestic shipping efficiency, and ensuring dredging maintains sufficient depths for the largest ships. This would help Vietnam develop its Cai Mep-Thi Vai ports into an international logistics hub to increase vessel calls and income.
Economic Secondary Industries Wales And MultinationalsSHS Geog
The document discusses factors that influence the location of industry and how industry has changed over time in South Wales. It notes that traditional heavy industries like coal and steel declined as raw materials became exhausted. New industries have located in South Wales due to incentives and being near ports for importing raw materials. Industries have shifted from heavy to high-tech and light manufacturing, moving from 'soot' to 'Sony'. Regional assistance through groups like the Welsh Development Agency has attracted foreign investment and created new jobs.
Port cost as a component of total supply chain cost Tristan Wiggill
A presentation by Ms Brenda Horne-Ferreira (CEO: SASTaLC), at the Transport Forum SIG: "Driving down cost in the Supply Chain" on 3 September 2015 in Durban, hosted by Transnet. The topic of the presentation was: "Port Cost as a component of total supply chain cost".
03 Joe Nemeth Canadian Pulp Industry Transformation Or ExtinctionFilip Masopust
The 2009 Hawkins Wright Symposium discussed the challenges facing the Canadian pulp industry and whether it would transform or become extinct. The past saw unacceptable returns for pulp companies. Currently, factors like the housing market crash, changing fiber supply due to pine beetle infestation, and competing biomass demand present challenges. However, new green energy regulations in Canada and the US provide opportunities for transformation through investments in renewable energy and efficiency. The future of the industry may depend on whether companies can successfully transform operations through these green energy programs.
This document provides a summary of the Chinese port industry in 2011. It analyzes the status and performance of coastal and inland ports in China. Coastal ports are divided into five clusters: Bohai Rim, Yangtze River Delta, Southeast coast, Pearl River Delta, and Southwest coast. Major ports like Shanghai, Shenzhen and Guangzhou witnessed robust cargo and container throughput growth in 2010. The outlook for China's port industry from 2011-2015 is also discussed.
Optimisation vs. Automation in South African PortsTristan Wiggill
This document discusses optimisation versus automation strategies in South African ports. It provides context about Transnet SOC Ltd, which operates South Africa's ports and rail network. The document explores the differences between automation and optimisation approaches, noting that the best strategy incorporates both. Transnet Port Terminals' IntelliPort initiative is presented as a way to optimise ports through an integrated digital system that collects and analyzes data from across terminal operations. Benefits of the IntelliPort approach include improved decision making, operational performance, and safety through a unified software platform.
The presentation provides an overview of Vietnam's sea transportation industry and an update for 2011. It notes that while the industry benefits from Vietnam's good location, oversupply remains a key concern, especially for dry bulk and tanker segments. Financial ratios for listed transportation companies show an average ROE of 1.6%, which is not attractive. Given low projected growth and oversupply issues, the recommendation is to reduce industry allocation for 2011.
North American Energy & Petchem Markets-Future Imapct To RailTaylor Robinson
overviews of the North American oil & gas and petrochemical markets, as well as, key insights in the lower 48 shale plays and frac sand basins. The presentation included analysis of the supply and demand of U.S. NGL’s, and impact of the shale gas expansion on projected rail volumes. The topic of Mexican energy reform led the audience into look at specific opportunities south of the border, and ended with a big picture summary by commodity at the rail and railcar markets.
This document provides an overview of freight and goods movement issues facing California, including significant infrastructure shortfalls due to increases in trade volumes. It discusses California's strategic planning approach to address these challenges through focused visioning, innovative funding, and collaborative partnerships. Local planners are seen as playing a key role through land use decisions and prioritizing goods movement needs in regional transportation plans.
Supply Chain Project Status Update 010911 McdMark_Deacon
This document provides a status update on a container port supply chain project. It outlines a 6-stage process to construct an integrated planning model for the port: 1) Improve commodity forecasts and identify key routes; 2) Map routes using CAD/GIS; 3) Develop rolling commodity forecasts and shipping requirements; 4) Model port constraints; 5) Link revenue data; 6) Benchmark ports and develop reports. The goal is to provide management forward visibility and illustrate how supply chain principles can influence container movements and productivity.
Shipping Supply Analysis : planting the seeds of recoveryDaejin Lee
Seaborne dry bulk trade declined 0.1% in 2015 largely due to a 6% drop in coal trade and is unlikely to show any significant recovery in the medium term. However, record levels of demolition and minimal new orders have given some hope for fundamental recovery, though fleet supply is expected to increase in the near term because of the existing orderbook.
Support for recovery
High slippage and cancellation of contracts
Absence of new orders / Shipyard defaulting
Tonnage adjustment through slow-steaming
Difficulties
Highly fragmented ownership across many geographical regions
Massive remaining orderbook / Government backed Shipyards
Low fuel oil cost
Partnering With Metal Fabrication Supply Chains To Achieve Saskatchewan GrowthSteve Demmings
The document summarizes a presentation about partnerships between Saskatchewan and the Port of Thunder Bay. It discusses how the port currently handles commodities from Saskatchewan like potash, coal, and grain. It also outlines the capabilities and facilities of the port and the Thunder Bay Metal Fabricators Association that could enable future partnerships in areas like mining and petroleum. The port has the infrastructure to support increased shipping and receiving of Saskatchewan's exports and imports.
TEN Ltd is a leading energy transportation company that has operated for 20 years in the capital markets. It has a diversified fleet of 49 vessels totaling 4.9 million deadweight tons that include crude oil tankers, product tankers, LNG carriers, and shuttle tankers. TEN is looking to further diversify its operations by expanding into the growing LNG and offshore shuttle tanker markets. These sectors are expected to see high demand growth over the next 10-20 years as natural gas usage increases globally. Investing in LNG carriers and offshore shuttle tankers offers the potential for returns of 10-15% due to the strong market fundamentals and long-term contracts in these industries.
Seaports & Port Cities in southern Africa: the economic benefits and landslid...Railways and Harbours
The document discusses the impact of the global economic crisis on sea transport markets and South African ports. It notes that shipping markets experienced a boom in 2008 but then a steep decline from late 2008 onwards. It predicts muted growth in container traffic and dry bulk cargoes in 2009. However, lower freight rates may increase the competitiveness of long-haul trades like those from South Africa. While the short-term outlook is bleak, lower rates could benefit some sectors in South Africa like bulk cargo exporters and port ancillary services in the longer run.
- Industrial occupancy is healthy on both US coasts, with West Coast occupancy up 2.2% since 2007 and Gulf/East Coast occupancy up 4.4% over the same period.
- While West Coast ports have lost some market share in TEU volume to East Coast ports, this has not significantly impacted industrial occupancy on the West Coast.
- Ports located near large population centers like New York/New Jersey, Los Angeles, and Miami tend to command higher rents for quality industrial space near the ports compared to broader market rents, due to demand for access to their large consumer bases.
- As the expanded Panama Canal opens in 2016, ports on the East Coast like Savannah, Charleston, and Virginia
The expansion of the Panama Canal is scheduled for completion in mid-2016. This will allow larger methanol tankers to pass through the canal, changing global methanol trade routes. The expanded canal can accommodate vessels carrying up to 66,000 metric tons of methanol, compared to the current maximum of 40,000 metric tons. This is likely to significantly reduce transit times and costs between the US Gulf and Asian markets like China. China is a major importer of methanol and its internal distribution network and developing ports will play a key role in handling increased methanol shipments through the expanded Panama Canal. Geopolitical events, commodity price fluctuations, new regulations and plant capacities will all impact the future methanol market.
Combined with weak global trade, the shutdown of factories and scarcity of manpower to de-stuff cargos has derailed the functioning.
In order to survive cost pressures and solvency risks, container shipping industry has undergone aggressive consolidation.
This helped the companies to achieve economies of scale and scope and hence, lower cost through capacity and network optimization.
The global economic outlook is characterized by weak growth and great uncertainty, according to experts interviewed for the Maritime Outlook Report. Historically low interest rates and declining commodity prices indicate weakened international economic strength. Leading nations have nearly exhausted their fiscal and monetary options, and China is transitioning to slower but more sustainable growth. Geopolitically, the security landscape is becoming more challenging as civil wars rage in parts of the Middle East and North Africa. However, the Paris climate agreement offers hope for increased international cooperation. Shipping will play a role in reducing emissions through more efficient operations and new technologies. The decline in offshore activity on the Norwegian Continental Shelf poses challenges for Norway's maritime industry and economy.
The document discusses plans for developing an outer harbour in Kwinana, Western Australia to boost the state's economy. It argues that building the outer harbour would create an estimated 11,000 permanent jobs and $2 billion in annual economic contribution. A special economic zone in Kwinana could incentivize local manufacturing and processing of exported resources. The outer harbour would open up 4,000 hectares of industrial land for development and diversify Western Australia's economy by attracting foreign investment. The document calls on the government to focus on developing the outer harbour, establish a special economic zone, recycle water for industry and agriculture, and consider alternative port plans if the outer harbour is further delayed.
IONS Seminar 2014 - Session 2 - Seaborne Trade in the Indian OceanNavy Webmaster
The document discusses maritime commerce and trade in the Indian Ocean region. It notes that most trade with Indian Ocean littoral states is seaborne, forming economic lifelines. Shipping traffic is increasing due to rising trade, especially in energy. Container ships are getting larger to achieve economies of scale, placing pressure on port infrastructure. Major trading partners include China, India, and African nations, with growth in south-south trade. Security threats like piracy impact shipping costs. Cooperation between countries is needed to address challenges and facilitate continued growth of maritime commerce.
The document discusses Vietnam's transportation and logistics sector, focusing on sea ports. It notes that over $2 billion has been invested in port infrastructure but occupancy remains low. It recommends continuing to reduce port fees, relaxing cabotage laws to improve domestic shipping efficiency, and ensuring dredging maintains sufficient depths for the largest ships. This would help Vietnam develop its Cai Mep-Thi Vai ports into an international logistics hub to increase vessel calls and income.
Economic Secondary Industries Wales And MultinationalsSHS Geog
The document discusses factors that influence the location of industry and how industry has changed over time in South Wales. It notes that traditional heavy industries like coal and steel declined as raw materials became exhausted. New industries have located in South Wales due to incentives and being near ports for importing raw materials. Industries have shifted from heavy to high-tech and light manufacturing, moving from 'soot' to 'Sony'. Regional assistance through groups like the Welsh Development Agency has attracted foreign investment and created new jobs.
Economic Secondary Industries Wales And MultinationalsSHS Geog
The document discusses factors that influence the location of industry and how industry has changed over time in South Wales. It notes that traditional heavy industries like coal and steel declined as raw materials became exhausted. New industries have located in South Wales due to incentives and being near ports for importing raw materials. Industries have shifted from heavy to high-tech and light manufacturing, moving from 'soot' to 'Sony'. Regional assistance through groups like the Welsh Development Agency has attracted foreign investment and created new jobs.
econoMAX - Sea transport and its impact on globalisationtutor2u
It is a normal rule of thumb that the volume of world trade tends to grow at double the rate of growth of world GDP. Between 1990 and 2008 global real GDP expanded at an average annual rate of growth of 3.2% while world trade volume grew at an average of growth of 6%. However, in the last two years world trade volume has risen by 4.8 per cent while real GDP has risen by only 4.0 percent. If the normal 2:1 ratio had applied, trade growth would have been about 3.2 per cent higher. The slowdown in the growth of world trade can be partly explained by the economic difficulties in the euro zone in 2012 and more latterly in the BRIC economies. In addition there has been a growth in protectionism since the start of the economic crisis in 2008.
The document discusses the potential benefits of developing a container terminal at the Port of Newcastle. It argues that a Newcastle container terminal could:
1. Reduce freight costs for exporters in NSW and alleviate congestion pressures at Port Botany by taking over 500,000 containers per year off Sydney roads.
2. Act as a catalyst for regional economic growth and diversification in the Hunter region by cutting transport costs and improving access to global markets.
3. Help transform NSW's economy by retaining a larger share of the state's growing container trade that currently must be exported through Sydney, boosting the competitiveness of NSW industries.
Current situation in the shipbuilding industry innovationoecd
- The shipbuilding industry has experienced periods of high and low volume over the past 50 years, recently suffering due to the 2008 financial crisis.
- Current challenges for creating value in shipbuilding include developing engineering capabilities, adapting to new technologies, and ensuring regulations are implemented in a way that enables new technologies.
- The SAJ2015 forecast models future seaborne trade and ship replacement needs to estimate newbuilding requirements through 2035. It assumes moderate global GDP growth and forecasts growing demand for gas carriers and container ships.
- The forecast estimates an average newbuilding requirement of 63.4 million gross tons between 2014-2035, with about half derived from replacing older ships and half from growth in seaborne trade.
We hold a neutral view on the Shipping industry.
。Dry bulk shipping will be profitable in 2018.
。Supply and demand in container shipping are not likely to balance in next 2 years.
。New environmental rules and consolidations could help balancing the over-supply in shipping industry.
Study on how to improve traffic capture of Seattle as a West Cost Port. Sources:
Pacific Coast Container Terminal Competitiveness Study 2011; Prof. Jean Paul Rodrigue Hofstra University, Washington State Governors Port Initiative
The document provides an overview of the maritime market in Canada. It notes that the shipbuilding industry in Canada is experiencing rapid expansion and demand is high. Industry players are busy building, modifying, converting, and repairing various vessels including warships, icebreakers, ferries, and offshore platforms. There is particular demand for the latest technology in icebreaking ships and ferries across many regions of Canada. The document outlines some of the leading shipyards across Canada and big projects they are currently working on.
An overview of the Stena-sphere: Stena AB, Stena Sessan AB, and Stena Metall AB. Presentation created for International Business course in my MBA program.
1. British Maritime Technology
Leader in Port & Logistics Business Intelligence & Advisory
Services
Richard Szuflak – Director of European Operations, BMT Maritime Consultants
Russell Smith – Managing Director, BMT Maritime Consultants
British Maritime Technology 1
2. Ports Under Pressure
What is driving port congestion?
The key pressure points.
Where to from here?
BMT’s contribution to helping solve the
problem.
British Maritime Technology 2
3. What is driving port congestion?
Increased demand for product coupled with available
supply means that the logistics chain is a key limiting factor
in driving the market.
Ports are a key element in this logistic chain, as are
landward connections and shipping routes.
However land based infrastructure has a longer lead time
than shipping and thus is looming as the key bottleneck in
allowing product supply to meet demand.
This is particularly critical at certain pressure points
worldwide including China, Europe, US west coast,
Australia and South Africa.
British Maritime Technology 3
4. Seaborne Trade Growing Faster than World
Economy: Example of Container Trade
140
120
MTEU shipped 100
80
60
40
20
0
1980 1990 1995 2000 2002 2004 2006 2008 2010
Average growth per Annum of World Economy 2004 to 2010: +2%
Average growth per Annum of Container Trade 2004 to 2010: +8%
British Maritime Technology 4
5. The Markets - Containers
Container market booming with strong underlying
fundamentals.
The containerisation of goods still has a long way to travel,
indicating that container growth should continue to be well
above world trade growth for some time yet.
Containerisation one of the drivers behind the migration of
manufacturing to the Far East.
British Maritime Technology 5
6. The Markets – Dry Bulk Products
Bulk demand increasing steadily,
especially for coal and iron ore, as
well as agri-bulk commodities.
This creates congestion at world
export ports – particularly in
Australia, Brazil, South-Africa and
India.
China’s port and railway
infrastructure cannot cope with the
country’s needs for raw materials.
British Maritime Technology 6
7. The Markets – Oil and Gas
Oil supply to decline after a peak between 2010 and 2020.
LNG is the key growth product worldwide.
LNG demand to rise 100% by 2010 on the back of strong
demand from Europe, USA and now China.
Supply will lag demand without significant investment in
sourcing new product and logistics infrastructure.
Forecast LNG Supply-Demand Balance 2003-2010
240
220
200
million tonnes
180
160
Forecast Demand
140
Identified Supply
120
100
2003 2004F 2005F 2006F 2007F 2008F 2009F 2010F
British Maritime Technology 7
8. Shipping Industry Quick to React
With the acceleration of global growth earlier this decade, the
shipping industry was quick to react.
New build orders soared and older vessel retirement was
delayed.
100
676 new vessels 3.7 Million additional
80
60
vessel slots, approx 1,200
980 new vessels 40
vessels
80 new vessels
20
0
rs lk ers G
nk
e Bu n LN
Ta n tai
Co
% of New Orders to 2008 vs. Existing Fleet
Freight prices boomed and are still extremely high.
With a two year lag time on new vessel builds, the demand
pressures in the shipping industry will soon ease and charter
rates will drop – particularly in 2006.
British Maritime Technology 8
9. Shipping Industry Quick to React
The market moving forward will be changed.
Container ship sizes will continue to increase whilst bulk
vessel sizes will be dominated by the cape and panamax
class of vessel until Chinese and Indian ports deepen.
British Maritime Technology 9
10. Not so for Ports and Logistics…
With the pressure off shipping the spotlight will transfer
specifically to the port and landside logistics operations as
the main bottleneck.
Whilst recognising the problem at the same time as the
shipping industry, the port industry has much longer lead
times, particularly in developed countries where
government requirements for new projects are stricter.
Expansion of ports in the booming Far East is occurring
much faster than in the developed world → imbalance.
Therefore, whilst pursuing infrastructure and equipment
upgrades at key ports, equally important to the capacity
development of the overall logistics system are efficiency
improvements and alternative logistics route development.
British Maritime Technology 10
11. … Despite Rapid Growth
In 1995, only 5 ports
were above the 3 Selected Container Port Traffic
Million TEU mark 1999-2001-2003
25
More than 20 ports
nowadays pass this 20
Millions TEU
mark 15
Of which 11 are in Asia 10
Extra Rapid Growth 5
registered in Shenzen,
0
Shangai, Tanjung on
g
o re
ng
h ai
nz
en /LB da
m
-K ap he LA R'
ng ng ha
Pelapas and Quingdao Ho Si S S
Also in Dubai
British Maritime Technology 11
12. The Pressure Points
Europe
• Russian trade growth is causing problems on east-
west ports, road and rail networks
• Western European container port capacity is a
problem – congestion surcharge being applied at
Rotterdam and Antwerp
• Established French ports (Le Havre-Marseilles) not
able to cope with extra flow → deviation to secondary
container ports - Dunkirk, Antwerp, Genoa, Barcelona
United Kingdom
• Trade actually declining through the large UK ports
• Container port congestion in the south the main issue
British Maritime Technology 12
13. The Pressure Points
Asia
• Chinese container ports
expanding at 50% yr on yr
• Shipping queues in
Australian bulk ports over
50 long
• Coal rail networks running
at 110% traditional
capacity and unable to
expand quickly
• Indian ports are a mess
and are constraining
economic development
British Maritime Technology 13
14. The Pressure Points
Middle East
• Keeping up with demand through
massive government expenditure
centered around Dubai
• Need strong competitors
Africa
• Long ship queues off the coal
ports of South Africa
• Port of Mombassa stagnating
East African growth
• LNG port development urgently
required in Nigeria
British Maritime Technology 14
15. The Pressure Points
North America
• West coast container ports in crisis – 94
container vessels waiting off LA/Long
Beach in October 2004
• Poor productivity and labour shortages are
limiting capacity
• Mexican and South-American ports
chosen by shippers to escape congestion
• Consideration to deliver to Eastern Ports
via Panama Canal and then overland west
South America
• Bulk ports upgrading to meet demand but
still under developed
• Exports more competitive due to currency
devaluation thereby boosting trade
British Maritime Technology 15
16. What does this mean?
Growing port throughput throughout
the world:
Port industry under strain from
sustained throughput demand
growth of customers
CAPEX expansion and
operational efficiency
improvements too slow
Millions of pounds in lost
revenue to port owners,
transport providers,
manufacturers, mines and the
worldwide economy from
bottlenecks
British Maritime Technology 16
17. Need Flexibility to Meet the Market
CAPEX expansion takes time:
Typical period between firstly
identifying a physical capacity
limitation through to commissioning
of a completed facility is usually of
the order of 4 years
Whilst planning physical expansion,
ports are now understanding the
importance of improving operational
efficiency and logistics route choice
as a means to overall improvement
of throughput.
British Maritime Technology 17
18. Three Key Requirements
Therefore three things must happen:
1. Firstly port companies must
improve business intelligence to
be able to accurately forecast
throughput demand and hence
plan to bring new facilities on line
as a when required by the market.
2. Secondly ports must focus on
improved operational efficiency.
3. Thirdly ports must focus on acting
as an efficient link in a much
longer logistics chain to capture
additional market share.
British Maritime Technology 18
19. Port Business Intelligence - Examples
Currently 1.2 million TEU per annum which is either generated in
or being delivered to locations north of the M62 moves through
the southern UK ports and is trucked north Opportunity clearly
exists for north-eastern ports to capture a significant share of this
1.2 million TEU per annum through implementing short sea
logistics solutions with the European hub port operators.
Trans-Siberian volumes booming to avoid St-Petersburg
congestion.
Australia’s Dalrymple Bay Coal Terminal set to double its coal
export capacity to cope with demand increases by customers.
Development of container barging on the Rhine and Maas rivers
to avoid road traffic congestion in Belgium/Holland/Germany.
Shanghai expansion and mega-projects are planned on the back
of strong growth forecasts.
British Maritime Technology 19
20. Port Business Intelligence - Examples
BMT Relevant Projects - 2004
Western Shenzhen Ports (China)
Capacity constraint analysis for the worlds
fastest growing container port region.
Dalrymple Bay Coal Terminal (Australia)
Full commercial planning for worlds 3rd
largest coal terminal.
Gdynia Container Terminal (Poland)
Full business planning and sales advice for
Poland’s second container terminal –
sold to HIT in October.
Singapore LNG Terminal (Singapore)
Feasibility analysis for new LNG terminal.
British Maritime Technology 20
21. Improvement of Port Operations - Examples
Improved product tracking and assignment
Improved equipment usage
Improved labour productivity
Terminals open 7/24 for loading trucks and barges
Improvement of handling techniques and nautical access
EDI and E-Business Solutions
BMT Relevant Projects - 2004
Hong-Kong Marine Congestion Improvement
and Traffic Modelling
PROMIS Integrated Port Management
System for Dubai Ports Authority
British Maritime Technology 21
22. Logistics Chain Development - Examples
Increased port involvement in global logistics, shipping, trucking
and forwarding: PD Ports in UK, Northern Manuport in Belgium…
Feeder services developed by ports to capture traffic: Dunkirk
Ports involved in railway development: Antwerp, Rotterdam
Ports create “back-yard” terminals: Amsterdam/Duisburg
BMT Relevant Projects - 2004
Goonyella coal logistics chain
improvement
Logistics Chain Modelling in North
Sea and Baltic
Major investment in Logistics Chain
modelling for South-East Asia
British Maritime Technology 22
23. BMT Transportation Market Advisory Services
Recognising the growing requirements of the port and logistics
industry BMT is focusing on enhancing its transportation sector
capabilities to assist its customers in:
• Operational Improvements
• Reducing and Optimising Transport Costs
• Increasing Overall Efficiency
• Improving Financial Performance
• Business Planning for Optimal Returns
British Maritime Technology 23
24. BMT Maritime Consultants
A member of the BMT Group of companies
Leader in Port & Logistics Business Intelligence & Advisory
Services
British Maritime Technology 24