Business Monitor International


South Africa Shipping Report

Published 13 October 2014

  • 113 pages
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$1,295.00
South Africa Shipping Report

Growth at South African ports is threatened by the global headwinds that are posing challenges for the country as a whole, namely the China slowdown and the drying up of foreign inflows due to the raised possibility that the extraordinarily loose monetary policy that has been the norm in the US is tapered off. However, with continued investment in facilities, growth in private final consumption, and ever-expanding coal exports, we forecast growth in both total tonnage and container volumes at South African ports in 2014.

Headline Industry Data

  • Richards Bay Port tonnage throughput in 2014 is forecast to decline by 5.0%. Over the medium term to 2018 we project a 0.7% average annual increase.

  • Port of Durban container throughput is forecast to grow by 3.0% in 2014. Growth will average 3.0% per annum in the medium-term forecast period to 2018.

  • 2014 total trade growth is forecast at 3.5%, and to average 4.3% per annum to 2018.

Key Industry Trends

Delays To Durban Project:  The Durban Dug-out project, the plan to quadruple the container handling capacity of South Africa - and the southern hemisphere's - biggest container-handling port, has been experiencing delays. Marc Descoins, director of the project for Transnet, the state-owned freight transport and logistics company, said: 'Actual start date of the new port is uncertain as we are still in the early design phase.'

Strike Declared Illegal:  South Africa has been hit by a series of strikes over the past two years, and the ports sector has not been immune to this. Members of the National Union of Metalworkers of South Africa's (Numsa) have been striking, including workers at the Ngqura Container Terminal. However, this was declared illegal by the Labour Court in August, meaning that those workers employed by Transnet who were striking were unprotected, and would have to return to work or face dismissal.

Kalmar To Supply Straddle Carriers To TPT:  Finland-based port equipment specialist  Cargotec's...

Table of Contents

BMI Industry View
7
SWOT
9
Shipping
9
Political
10
Economic
11
Business Environment
12
Industry Forecast
13
Port Of Durban Throughput
13
Port Of Richards Bay Throughput
17
Table: Major Ports Data, 2012-2018
21
Table: Trade Overview, 2011-2018
23
Table: Key Trade Indicators, 2011-2018
23
Table: South Africa's Main Import Partners, 2004-2012
24
Table: South Africa's Main Export Partners, 2004-2012
25
Market Overview
26
South Africa Container Shipping Market Overview
26
Industry Trends And Developments
34
South Africa Company Profile
35
Safmarine
35
Deutsche Afrika-Linien (DAL)
39
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: Real GDP Growth, % chg q-o-q, SAAR
100
Table: South Africa - Economic Activity
104
Demographic Forecast
105
Table: South Africa's Population By Age Group, 1990-2020 ('000)
106
Table: South Africa's Population By Age Group, 1990-2020 (% of total)
107
Table: South Africa's Key Population Ratios, 1990-2020
108
Table: South Africa's Rural And Urban Population, 1990-2020
108

The South Africa 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 South Africa.

BMI's South Africa 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 South Africa.

Key Benefits

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