Pub date: 17 Feb 2012 Latin America / Argentina Shipping Industry Report
BMI believes that the Argentine government has artificially propped up growth during recent years. This should continue to support real term expansion over the coming quarters, but we believe that th... Read More
Pub date: 18 May 2012 Asia / Australia Shipping Industry Report
Heading into 2012, the Port of Melbourne is set to retain its position ahead of the domestic competition in terms of container throughput, followed by second placed Sydney. In terms of tonnage throug... Read More
Pub date: 19 Apr 2012 Middle East / Bahrain Shipping Industry Report
For the time being, we are happy to stick to our projections which see Bahrain's real GDP expanding 0.9% and 1.3% in 2011 and 2012 respectively. We expect throughput growth at the country's ports to ... Read More
Pub date: 28 Mar 2012 Latin America / Brazil Shipping Industry Report
BMI believes 2012 will be another year of strong growth for Brazilian ports. The sector experienced growth of 7.1% in total tonnage throughput in H111. Although we expect this good level of growth to... Read More
Pub date: 28 Mar 2012 Europe / Bulgaria Shipping Industry Report
BMI View Over the mid term to 2016, average year-on-year (y-o-y) total tonnage growth is expected to be a steady if unimpressive 3.57%, reaching a total of 11mn tonnes by the end of our forecast per... Read More
Pub date: 17 Feb 2012 North America / Canada Shipping Industry Report
We are forecasting real GDP growth in Canada of 2.4% in 2012, a downgrade from our previous forecasts of 2.8%. While the economy showed signs of a slowdown in H111 - with real GDP growth estimated to... Read More
Pub date: 28 Mar 2012 Latin America / Chile Shipping Industry Report
The Chilean economy's robust economic growth is likely to continue cooling in the coming quarters, as an increasingly likely global economic slowdown begins to weigh on a still-strong but deceleratin... Read More
Pub date: 09 Mar 2012 Asia / China Shipping Industry Report
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 it... Read More
Pub date: 02 Mar 2012 Latin America / Colombia Shipping Industry Report
The outlook for the Colombian ports and shipping sector is promising, with a backdrop of strong economic growth providing support. There are also encouraging signs of badly needed investment in tran... Read More
Pub date: 28 Mar 2012 Europe / Croatia Shipping Industry Report
The Port of Rijeka is set to hold the top position in Croatia's maritime sector in terms of both total tonnage and container throughput in 2012, after an estimated return to positive growth in total ... Read More
Pub date: 24 Feb 2012 Africa / Egypt Shipping Industry Report
BMI View : As we go into 2012 the key factor affecting the wider Egyptian economy, and the ports and shipping sector, is political uncertainty. After the collapse of the Mubarak regime in early 2011 ... Read More
Pub date: 03 Apr 2012 Europe / Estonia Shipping Industry Report
BMI View: Positive But Less Dynamic We remain positive on prospects for the Estonian ports and shipping sector in 2012, but have had to rein in some of our forecasts. The main reason for this is tha... Read More
Pub date: 28 Mar 2012 Europe / Greece Shipping Industry Report
The Port of Thessaloniki is set to hold the top position in Greece's maritime sector in terms of total tonnage throughput for the fifth consecutive year in 2012, after overtaking the Port of Piraeus ... Read More
Pub date: 28 Mar 2012 Asia / Hong Kong Shipping Industry Report
The Port of Hong Kong holds the top position in Hong Kong's maritime sector in terms of both total tonnage and container throughput. It is set to demonstrate further growth in 2012 after the strong r... Read More
Pub date: 28 Mar 2012 Asia / India Shipping Industry Report
BMI View: India's economy and trade continues to expand rapidly. BMI expects this growth to slow, but the expansion will still be considerable over our forecast period. The volumes of dry bulk and co... Read More
Pub date: 28 Mar 2012 Asia / Indonesia Shipping Industry Report
BMI View: Bucking The Trend At the moment, Indonesia is one of the few economies showing capacity to buck the trend towards a global economic slowdown. The economy remained dynamic in 2011, and in 2... Read More
Pub date: 28 Mar 2012 Middle East / Iran Shipping Industry Report
Double-digit throughput growth at the primary Iranian port of Bandar Abbas appears to have come to an end, as US sanctions against the pariah state's shipping sector continue to strengthen. The count... Read More
Pub date: 28 Mar 2012 Middle East / Israel Shipping Industry Report
BMI View Israel's ports continue to enjoy healthy growth, and are projected to do so over the mid term. It remains to be seen, however, how ongoing uncertainties in the country's key export markets ... Read More
Pub date: 19 Apr 2012 Asia / Japan Shipping Industry Report
The earthquake and tsunami that struck Japan in March 2011, and the subsequent nuclear fallout scare, had a devastating effect on the Japanese shipping sector. Industries were hit and landside infras... Read More
Pub date: 19 Apr 2012 Africa / Kenya Shipping Industry Report
The news surrounding the Kenyan shipping sector over the past quarter once again centres on the woes and travails of Mombasa's modernisation. The port authority is trying to bring the facility up to ... Read More
Pub date: 03 Apr 2012 Middle East / Kuwait Shipping Industry Report
Kuwait's ports have struggled to recover the volumes they enjoyed prior to the global economic downturn, but BMI expects this largely to be achieved in 2012, with only total tonnage throughput at Sh... Read More
Pub date: 04 Apr 2012 Europe / Latvia Shipping Industry Report
The Port of Riga is set to hold the top position in Latvia's maritime sector in terms of both total tonnage and container throughput in 2012 after two years of strong growth in volumes, even though t... Read More
Pub date: 24 Feb 2012 Asia / Malaysia Shipping Industry Report
BMI View: Moderate to Good Growth We expect moderate to good growth in the Malaysian ports and shipping sector in 2012. Although the global economic recovery could potentially lose its way amid fear... Read More
Pub date: 03 Apr 2012 Latin America / Mexico Shipping Industry Report
BMI remains cautiously optimistic on the Mexican port sector, although we highlight that there are clouds on the horizon in the form of sluggish US demand and slow domestic consumer demand. We are f... Read More
Pub date: 18 May 2012 Africa / Nigeria Shipping Industry Report
The Nigerian shipping sector, in particular the country's ports, is due for rapid growth over the mid term as the country booms on the back of high oil prices and increased stability. The facilities ... Read More
Pub date: 09 Mar 2012 Middle East / Oman Shipping Industry Report
Oman continues to develop itself into a regional powerhouse for the shipping and transshipment of dry bulk goods such as iron ore. The latest development is the announcement that a new port is to be ... Read More
Pub date: 28 Mar 2012 Asia / Pakistan Shipping Industry Report
Opportunities exist in Pakistan for the maritime industry, with national carrier Pakistan National Shipping Corporation (PNSC) growing, and expansions and improvements being carried out at the count... Read More
Pub date: 04 Apr 2012 Latin America / Peru Shipping Industry Report
Peru's strong domestic demand story will continue in 2012, although an anticipated drag from net exports means we stick to our below consensus 4.8% real GDP growth forecast. However, significant exte... Read More
Pub date: 09 Mar 2012 Asia / Philippines Shipping Industry Report
BMI View For 2012, the Port of Cebu has positioned itself as the trailblazer as far as Philippines ports sector is concerned, with highly impressive year-on-year (y-o-y) tonnage throughput growth of... Read More
Pub date: 24 Feb 2012 Europe / Poland Shipping Industry Report
The port of Gdansk is set to hold the top position in Poland's maritime sector in terms of both total tonnage and container throughput in 2012. The port overtook the port of Gdynia in terms of boxes ... Read More
Pub date: 28 Mar 2012 Middle East / Qatar Shipping Industry Report
The Qatari shipping sector continues to be dominated by the export of the country's key commodity, natural gas, through the export terminal of Ras Laffan. Much of this is carried by national carrier ... Read More
Pub date: 28 Mar 2012 Europe / Romania Shipping Industry Report
BMI View The Port of Constantza is set to enjoy steady growth in the mid term, with tonnage throughput outperforming container throughput in year-on-year (y-o-y) growth terms. In 2012, BMI forecasts... Read More
Pub date: 19 Apr 2012 Europe / Russia Shipping Industry Report
Russia's two bellwethers, the port of Novorossiysk (the country's largest port in terms of total throughput) and the port of St Petersburg (its main box facility), are set to hold their respective to... Read More
Pub date: 19 Apr 2012 Middle East / Saudi Arabia Shipping Industry Report
The outlook for Saudi Arabia is currently a strong one. The country has benefited from elevated oil prices through 2011 and the government, influenced by the Arab Spring which has toppled regimes in ... Read More
Pub date: 28 Mar 2012 Asia / Singapore Shipping Industry Report
The story of Singapore's GDP growth over the last three years can be summarised as follows: very fast, fast, moderate. To some extent this has been reflected by the city-state's growth in demand for ... Read More
Pub date: 19 Apr 2012 Africa / South Africa Shipping Industry Report
BMI View: Moderately Good Year With some qualifications, the South African ports and shipping industry should have a moderately good year in 2012. In terms of the wider South African economy, the cu... Read More
Pub date: 03 Apr 2012 Asia / South Korea Shipping Industry Report
BMI View: South Korea To Ride The Global Economic Storm South Korea is set to see a relative downturn in terms of both tonnage and container throughput in 2012 compared to 2011. The largest port in ... Read More
Pub date: 19 Apr 2012 Asia / Taiwan Shipping Industry Report
The Port of Kaohsiung is set to hold the top position in Taiwan's maritime sector in terms of both total tonnage and container throughput in 2012. We estimate the port continued its gradual recovery ... Read More
Pub date: 27 Apr 2012 Asia / Thailand Shipping Industry Report
BMI View: Floods and World Economy Weigh on Forecasts Since our last quarterly report, prospects for Thailand's ports and shipping sector have taken a knock, with the country suffering the worst flo... Read More
Pub date: 27 Apr 2012 Europe / Turkey Shipping Industry Report
BMI View: GDP Slowdown Expected in 2012 Having benefited from the economy's strong growth, particularly in the first half of 2011, the Turkish ports and shipping sector is likely to be affected by a... Read More
Pub date: 19 Apr 2012 Europe / Ukraine Shipping Industry Report
The Port of Odessa is set to hold the top position in Ukraine's maritime sector in terms of both total tonnage and container throughput in 2012 after overtaking the Port of Illichivsk in terms of box... Read More
Pub date: 17 Feb 2012 Middle East / United Arab Emirates Shipping Industry Report
We expect the healthy growth at UAE's ports to continue in 2012, as it benefits from the niche it has carved itself as a transhipment hub for the region. Furthermore, the port of Jebel Ali has announ... Read More
Pub date: 19 Apr 2012 North America / United States Shipping Industry Report
We have downgraded our US 2012 outlook to 1.6% from 2.4%. Incoming data have been poor, but not recessionary. We see consumer activity continuing to grow at a weak pace, though business investment s... Read More
Pub date: 09 Mar 2012 Latin America / Venezuela Shipping Industry Report
BMI's outlook for Venezuela's ports continues to be extremely bearish, and we do not expect any significant recouping of lost throughput levels over the mid term. Longer term, investments from China ... Read More
Pub date: 24 Feb 2012 Asia / Vietnam Shipping Industry Report
BMI View Vietnam's importance in the global container shipping sector has increased considerably over the past decade, with exports booming as the country positions itself as 'the factory of Asia'. ... Read More