Business Monitor International


United Arab Emirates Shipping Report

Published 06 February 2014

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

Headline Industry Data

  • Sharjah Terminals container throughput (KCT and SCT) is forecast to grow by 6.2% in 2014, averaging 5.1% over the medium term.

  • Jebel Ali container throughput is forecast to grow by 7.1% in 2014. Through to 2018, we expect growth to average 5.5%.

  • Total trade real growth is forecast at 6.9% in 2014 and to average 5.3% through to 2018.

Key Industry Trends

BMI Revises Up Outlook After Khalifa Hits 1mn TEUs: News that Abu Dhabi's mega-port of Khalifa has handled 1mn TEUs in its first year of operation has led us to revise up our forecasts for container throughput at the port in 2013 and over the medium term (2014-2018).

Jebel Ali Keeping Pace With Shipping Trends: The construction of a new container terminal at Jebel Ali in the UAE will help avoid over capacity at the port, which BMI currently forecasts will become an issue in 2014. The latest arrival of port equipment at the facility will cater for the world's largest container vessels, demonstrating Jebel Ali's ability to keep up with developing trends in the shipping industry. We believe that the new container terminal will ensure that the port retains its competitive advantage in a region where its rivals are vying to capture its market share.

Government To Establish Ports, Customs And Free Zone Corporation: Shaikh Saud Bin Rashid Al Mualla, ruler of Umm Al Quwain in the UAE, issued a law on November 25 2013 to establish the Ports, Customs and Free Zone Corporation. The corporation will be a legal entity and will have financial and administrative independence.

Key Risks

Should tensions between Israel and Iran escalate to any significant degree in 2014, thereby leading to a conflict in the Gulf, then our forecasts for UAE would be seriously jeopardised. On the flipside, growing rapprochement between Iran and the rest of the world could lead to a loosening of current sanctions. As the UAE has traditionally had massive re-export trade with Iran, this could boost volumes at Emirati...

Table of Contents

BMI Industry View
7
SWOT
9
Shipping
9
Political
11
Economic
12
Business Environment
13
Industry Forecast
14
Port Of Jebel Ali Throughput
14
Port Khalifa Throughput
18
Table: Major Port Data, 2013-2018
23
Table: Trade Overview, 2011-2018
23
Table: Key Trade Indicators, 201-2018
24
Table: Main Import Partners, 2005-2012
25
Table: Main Export Partners, 2005-2012
25
Market Overview
27
UAE Container Shipping Market Overview
27
Industry Trends And Developments
34
Company Profile
39
United Arab Shipping Company (UASC)
39
Gulftainer
42
Abu Dhabi National Tanker Company
46
Gulf Energy Maritime
48
Gulf Navigation Holding
50
Shipping - Global Industry View
53
Container Demand: Growth Outlook To Bolster 2014 Box Volumes
53
Container Supply: Overcapacity To Remain An Issue In 2014
63
Container Rates: Volatile As Demand Ticks Up, But Oversupply Remains
72
Table: Shipping Lines' Agents Offices Raided In Russia
77
Global Company Strategy
80
Maersk Line
80
Mediterranean Shipping Company
90
CMA CGM
96
Evergreen Line
104
COSCO Container Lines Company
111
Macroeconomic Forecasts
118
Fiscal Position Remains Solid
120
Demographic Forecast
122
Table: United Arab Emirates' Population By Age Group, 1990-2020 ('000)
123
Table: United Arab Emirates' Population By Age Group, 1990-2020 (% of total)
124
Table: United Arab Emirates' Key Population Ratios, 1990-2020
125
Table: United Arab Emirates' Rural And Urban Population, 1990-2020
125

The United Arab Emirates 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 United Arab Emirates.

BMI's United Arab Emirates 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 United Arab Emirates.

Key Benefits

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

Executive Summary

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-2017 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