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Indonesia Shipping Report Q2 2011: New research report available at Fast Market Research

Recently published research from Business Monitor International, "Indonesia Shipping Report Q2 2011", is now available at Fast Market Research

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Mar. 30, 2011 - BMI believes the economic fundamentals are looking good for Indonesia, boding well for the country's shipping sector in particular. Private consumption and investment growth will continue to power the economy in 2011 as Indonesia embarks on what we project to be a decade of robust economic growth averaging around 6.4% per year. BMI believes the factors driving Indonesian shipping and port sector will be increasing investment in the Intra-Asia route, as international companies search for new markets while consumer demand in the US and Europe remains sluggish, and private consumption, which will be boosted by growing consumer confidence and declining unemployment rates.

Headline Industry Data

* 2011 Tanjung Priok total tonnage forecast is +5.5%, average growth of 5.23% over our forecast period.
 * 2011 Palembang total tonnage forecast is +5.57%, average growth of 5.57% over our forecast period.
 * 2011 Tanjung Priok container forecast is +1.53%, average growth of 2.68% over our forecast period.
 * 2011 Palembang container forecast is +5.74%, average growth of 6.15% over our forecast period.


Key Industry Trends

Infrastructure Failings Undermine Indonesia's Intra-Asian Trade Potential - BMI believes that Indonesia needs to improve its port infrastructure if it is to capitalise on increasing intra-Asia trade. Plans for a new cargo port at Jakarta are a positive step, but we note that other ports also need work to increase competitiveness and efficiency. The Indonesian government is in talks with the Japanese Bank for International Cooperation (JBIC) on plans to build a new cargo port near Jakarta. The idea was most recently discussed during a visit by the Indonesian Vice-President Boediono to Japan, Indonesia's biggest trading partner. According to reports, JBIC has made a number of suggestions for the planned port, one of which was the building of a railway track for efficient intermodal cargo transportation. 'The JBIC hailed the government's plan but it suggested that the port should be equipped with a railway infrastructure to ensure smooth goods transportation,' a spokesperson said on Monday. BMI believes both the port and the railway would be welcome developments at Jakarta, as the city's existing port of Tanjung Priok suffers from congestion at times of high demand.

Chinese Investment May Prevent Indonesian Port Sector From Missing The Intra-Asia Boat - BMI believes that a plan by the Indonesian government to attract Chinese investment is a positive step for the country's underdeveloped port sector. At a recent seminar on the prospects for Indonesia-China relations Indonesia's Minister for Industry and Trade Coordination Edy Putra Irawady announced that the government had prepared a blueprint for a national logistics system covering the development of ports and shipbuilding businesses. He said that Chinese investment would allow the plan could go ahead, adding that China's technical knowledge in the shipbuilding and port sectors would be an asset to the plan.

Risks To Outlook

On the downside, a risk to our outlook presents itself in the possibility that the country's ports will not be able to handle the increasing levels of traffic on the intra-Asia route if sufficient investments are not made. Indonesia's main ports suffer from congestion and low efficiency levels, raising the fear that lines could avoid the port, calling at more competitive neighbouring facilities.

The main upside risk to our outlook presents itself in the form of growing domestic consumer demand on the back of declining unemployment rates, which bodes well for container imports.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/128747_indonesia_shipping_repo...


Report Table of Contents:

SWOT Analysis
- Indonesia Shipping SWOT
Global Overview
- Container Industry Overview
- Table: Floating Back To The Yards - New Orders
- Dry Bulk Shipping Overview
- Table: Expansion Ahoy - Tata NYK Shipping Fleet Overview
- Table: Chief Importers Primary Destinations for Gladstone's Coal Exports
- Liquid Bulk Shipping Overview
Industry Trends and Developments
Market Overview
- Port Of Jakarta (Tanjung Priok)
- Overview
- Terminals, Storage And Equipment
- Expansions And Developments
- Multi-Modal Links
- Port Of Palembang
- Overview
- Terminals, Storage And Equipment
- Expansions And Developments
- Multi-Modal Links
Industry Forecast
- Table: Major Port Data, 2008-2015
- Table: Trade Overview, 2008-2015
- Table: Key Trade Indicators, 2008-2015
- Table: Main Import Partners, 2002-2008
- Table: Main Export Partners, 2002-2008
Company Profiles
- A.P. MOLLER-MAERSK
- Mediterranean Shipping Company (MSC)
- CMA CGM
- Evergreen Line
- Hapag-Lloyd
- Neptune Orient Lines (& APL)
- CSAV Shipping
- China Ocean Shipping (Group) Company
- Hanjin Shipping
- China Shipping (CSCL)
- Mitsui OSK Lines (MOL)
- Nippon Yusen Kabushiki Kaisha (NYK)

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets.  BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports.  Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports.  View more research from Business Monitor International at http://www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

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.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

# # #

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.

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Source:Fast Market Research
Phone:1.800.844.8156
Zip:01267
State/Province:Massachusetts - United States
Industry:Transportation, Automotive, Shipping
Tags:port, shipping, investment, indonesian, intra-asia, jakarta, tanjung, priok, container, cargo
Shortcut:prlog.org/11406567
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