New market study, "India Shipping Report Q4 2010", has been published

Sept. 27, 2010 - PRLog -- India's largest private port, the port of Mundra, is set to expand over the mid term as its owner, the Adani Group (Adani), plans to invest US$1.3bn in the facility in the next three to five years. Not content with being India's largest private port, Mundra aims to become the country's largest port in terms of tonnage, an objective that will be greatly aided by the investment, which should enable it to overtake the current number-one port in tonnage terms, Kandla. BMI notes that the port of Mundra is already performing well in terms of throughput volumes. The port began operations in 2001, and by 2007 had entered India's top 10, ranking 10th. The port has increased its throughput volumes since then, handling 40.29mn tonnes in the 2009/10 financial year (FY). This growth saw Mundra rise up the ranks to eighth position.

Mundra appears to be on course to maintain its position, handling 12.69mn tonnes of cargo in Q2 of the 2010/2011 financial year. But an eighth-place ranking is not good enough for Mundra, which plans to become India's number-one port. The port plans to handle 200mn tonnes of cargo a year by 2020, a target that the port may in fact reach earlier.

BMI believes that if Mundra does accomplish its 200mn tonnes target then the port will indeed become India's largest in terms of throughput. We do not currently offer forecasts for the port of Mundra, but we do for the port of Kandla, and according to BMI's projections the port's throughput will grow by a yearly average of 11.5% over the 2010/11 FY until the 2014-15 FY period, at which point the port will be handling 136.8mn tonnes. Mundra's plan to become number one would be a massive coup for India's private port sector and give impetus to further private endeavours in the port sector.

We expect cargo handled at two of India's key ports, the Jawaharlal Nehru Port (JNPT) and Port of Chennai (POC), to grow at a moderate to good rate in the FY10/11. In general tonnage terms, JNPT will be out in front, with 12.3% growth to 68.22mn tonnes, following a good FY09/10 performance when the port was largely able to sidestep the effects of the international recession (volumes grew 6.03% to 60.77mn tonnes last year). This year total volume at Port of Chennai will gain a slightly more subdued 9.3% to 66.75mn tonnes. Last year volumes there increased by 6.2% to 61.06mn tonnes.

At the Jawaharlal Nehru Port container movements will grow 12% to 4.549mn 20-foot equivalent units (TEUs) the FY 2010/11, while at Port of Chennai they will be up by 12.8% to 1.371mn TEUs. While Chennai's growth has been consistently positive in recent years, JNPT has been more volatile, and more closely linked to international shipping fluctuations; the FY 2008/09 box throughput at the port decreased by 2.64%.

Affected by the global recession, India's total trade fell by an estimated 7% in real terms in 2009, and we see a good 12.5% rebound in 2010, followed by 12% growth in 2011. This year imports will grow more strongly than exports in real terms (13% versus 12%).

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/85483_india_shipping_report_q4...

Report Table of Contents:

Executive Summary
SWOT Analysis
- India Shipping SWOT
Global Overview
- Container Overview
- Dry Bulk Overview
- Liquid Bulk Overview
Industry Trends And Developments
Market Overview
- Jawaharlal Nehru Port
- Overview
- Terminals, Storage And Equipment
- Expansions and Developments
- Multi-Modal Links
- Port of Chennai
- Overview
- Terminals, Storage And Equipment
- Expansions And Developments
- Multi-Modal Links
Industry Forecast
- Table: Major Port Data
- Table: Trade Overview
- Table: Key Trade Indicators
- Table: Main Import Partners
- Table: Main Export Partners
Company Profiles
- A.P. MOLLER-MAERSK
- Mediterranean Shipping Company
- CMA CGM
- Neptune Orient Lines (& APL)
- Hapag-Lloyd
- Evergreen Line
- China Ocean Shipping (Group) Company (COSCO)
- CSAV Shipping
- China Shipping (CSCL)
- Hanjin Shipping
- Mitsui OSK Lines (MOL)
- Nippon Yusen Kabushiki Kaisha (NYK)

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Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.