Business Monitor International


Israel Shipping Report

Published 04 September 2014

  • 114 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Israel Shipping Report

BMI View: The Israeli ports sector is undergoing a state of flux, with the major ports set to be expanded with new, privately operated, terminals, which will be able to handle the larger vessels that are becoming the norm on the key Asia-Europe trade route on which Israel stands. However, the se developments face strong opposition from current port workers and unions , which is impacting throughput .

Headline Industry Data

  • 2014 Port of Haifa total tonnage throughput to contract by 7.0%, and to average growth of 1.5% to 2018.

  • 2014 box handling at Haifa will contract by 18.0% to 1.11mn twenty-foot equivalent units (TEUs). Growth projected to return in 2015 and average 3.2% to from 2015 to 2018.

  • Israel's total trade is forecast to see real growth of 2.5% in 2014, from a 2.0% expansion in imports and a 3.0% growth in exports. Growth will average 3.4% over the medium term.

Key Industry Trends

CHEC Wins Contract For Port Construction Project: China Harbour Engineering Company (CHEC) has won the initial tender for the construction of one of the two new ports in Israel, according to industry sources. The project was initially estimated to entail a total investment of USD1.17bn and to be completed in eight years.

Zim Completes Debt Restructuring Process: Zim Integrated Shipping Services concluded its comprehensive debt restructuring process on July 16, according to a company press release. Under the plan backed by the company's lending banks, shipowners and bondholders, about USD1.4bn of the company's debt and liabilities worth USD3.4bn was converted into a 68% ownership stake.

Zim Releases Q114 Financial Results: Zim Integrated Shipping Services posted EBITDA of USD29mn in Q114, according to a company press release. The company's operating cash flow stood at USD23mn in the reported period. The company has finalised the terms of financial contracts for a restructuring plan valued at more than USD3bn, which will include a USD1.4bn debt-equity swap with...

Table of Contents

BMI Industry View
7
SWOT
9
Shipping
9
Political
10
Economic
11
Business Environment
12
Industry Forecast
13
Port Of Haifa Throughput
13
Port Of Eilat Throughput
19
Table: Major Ports Data (2011-2018)
22
Table: Trade Overview (Israel 2011-2018)
22
Table: Key Trade Indicators (Israel 2011-2018)
23
Table: Israel's Main Import Partners, 2004-2012 (USDmn)
24
Table: Israel's Main Export Partners, 2004-2012 (USDmn)
25
Market Overview
26
Israel Container Shipping Market Overview
26
Industry Trends And Developments
36
Company Profile
37
Zim Integrated Shipping Services
37
Shipping - Global Industry View
41
Container Demand:
41
Container Supply:
48
Container Rates:
54
Global Company Strategy
58
Maersk Line
58
Mediterranean Shipping Company (MSC)
71
CMA CGM
76
Evergreen Line
86
COSCO Container Lines Company (COSCON)
93
Macroeconomic Forecasts
100
Table: Israel - Economic Activity
105
Demographic Forecast
106
Demographic Outlook
106
Table: Israel's Population By Age Group, 1990-2020 ('000)
107
Table: Israel's Population By Age Group, 1990-2020 (% of total)
108
Table: Israel's Key Population Ratios, 1990-2020
109
Table: Israel's Rural/Urban Population Split, 1990-2020
109

The Israel Shipping Report has been researched at source and features latest-available data and Business Monitor International (BMI)'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 Israel.

BMI's Israel 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 Israel.

Key Benefits

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

'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