Business Monitor International


Romania Shipping Report

Published 04 June 2014

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

BMI View: The port of Constantza is forecast to see growth both in terms of both total tonnage and container throughput in 2014 in line with Romania's continued economic recovery and eurozone's projected return to growth.

Robust exports and a recovery in private consumption will support freight volumes at the country's ports.

Over the medium term, we project further growth at Constantza and the recovery of its pre-downturn total throughput volumes, while container throughput is projected to remain below 2007-2008 levels.

Headline Industry Data

  • 2014 port of Constantza tonnage throughput forecast to grow 8%, over the medium term we project a 30% increase.

  • 2014 Constantza container throughput forecast to grow 3%, over the medium term we project a 23% increase.

  • 2014 total trade growth forecast at 4.75%.

Key Industry Trends

Constantza Master Plan Contract Awarded

Romanian port authority The National Company Maritime Ports Administration SA Constantza awarded 'the contract for elaboration of Constantza Port Master Plan' and signed the 12 months long RON4.05mn contract with the consortium between Ernst & Young SRL and Inros Lackner AG.

Risks T o Outlook

The potential for growth at the country's ports stems from BMI's positive outlook on the Romanian economy. Container throughput will be driven by the country's consumers, with consumer demand in Romania forecast to strengthen. The country's real GDP is estimated to increase by 3.1% in 2014.

The main risk to our outlook is for a slower-than-anticipated pickup in private consumption over the coming quarters. With exports booming and accommodative monetary conditions laying the foundations for a pickup in domestic demand, we would be tempted to downgrade our forecasts for Romanian growth if leading and high frequency indicators point towards a more sluggish pickup in domestic demand in the first few months of 2014.

A further risk is the potential for the Romanian labour force to become less competitive....

Table of Contents

BMI Industry View
7
SWOT
9
Shipping
9
Business Environment
10
Economic
11
Political
12
Industry Forecast
13
Port of Constantza Throughput
13
Table: Major Port Data, 2010-2017
17
Table: Trade Overview, 2010-2017
17
Table: Key Trade Indicators, 2010-2017
18
Table: Main Import Partners (US$mn)
19
Table: Main Export Partners (US$mn)
19
Market Overview
20
Romania Container Shipping Market Overview
20
Industry Trends And Developments
26
Global Industry Overview - Container Shipping
28
Demand: Global Box Outlook Brightening
28
Supply: Overcapacity To Remain As More Megas Saturate The Market
39
Table: Container Line Mega-Vessel Newbuild Plans
41
Rates: A Strong Start, But Rate Management Must Continue
44
Table: 2012 SCFI Europe Base Port Average Freight Rate Overview
48
Table: 2012 SCFI USWC Base Port Average Freight Rate Overview
48
Global Industry Overview - Dry Bulk Shipping
49
Demand: Stimulus Blip Playing Out, Bit For How Long-
49
Supply: Dry Bulk Fleet growth Slipping, But Overcapacity Still A Problem
54
Table: China Iron Ore Trade Partners Overview
60
Table: China Coal Trade Partners Overview
60
Global Industry Overview - Liquid Bulk Shipping
61
Improving Fundamentals In Dirty Tanker Market
61
Tonne-Mile Growth To Support Product Tanker Sector
64
LNG Boom To Stall In 2013
67
Global Company Strategy
70
Maersk Line
70
Mediterranean Shipping Company
79
CMA CGM
84
Evergreen Line
92
COSCO Container Lines Company
98
Hapag-Lloyd
105
Hanjin Shipping
111
APL
116
China Shipping Container Line (CSCL)
123
Mitsui OSK Lines
130
Macroeconomic Forecasts
135
Table: Romania - Balance Of Payments (euro)
138
Demographic Forecast
139
Table: Romania's Population By Age Group, 1990-2020 ('000)
140
Table: Romania's Population By Age Group, 1990-2020 (% of total)
141
Table: Romania's Key Population Ratios, 1990-2020
142
Table: Romania's Rural And Urban Population, 1990-2020
142

The Romania 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 Romania.

BMI's Romania 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 Romania.

Key Benefits

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

secure
Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%

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