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Follow on Google News | "Chile Shipping Report Q3 2011" is now available at Fast Market ResearchNew Transportation research report from Business Monitor International is now available from Fast Market Research
------------------------------------------------------------ Full Report Details at - http://www.fastmr.com/ ------------------------------------------------------------ Headline Industry Data * 2011 port of Valparaiso tonnage throughput forecast to grow 16.6%, with average annual growth of 13.7% the next five years. * 2011 port of San Antonio tonnage throughput forecast to grow 9% with average annual growth of 8.2% the next five years. * 2011 port of Valparaiso 20-foot equivalent unit (TEU) throughput forecast to grow 20.76%, with average annual growth of 16.3% the next five years. * 2011 port of San Antonio TEU throughput forecast to grow 11.84%, with average annual growth of 10.4% the next five years. * 2011 total trade forecast to grow 16.25%. Key Industry Trends Luksic Displays Vote Of Confidence In CSAV - BMI believes that Chilean mining company Grupo Luksic's purchase of 10% of CSAV's shares, with a total value of US$120mn, is good news for the beleaguered shipping line, which is US$60mn in debt. We believe CSAV's dry-bulk service will look to take advantage of its new connection with the mining company, given that its container shipping service remains plagued by overcapacity. Luksic made the purchase through its holding company Quinenco, acquiring 202,925,890 shares at a price of CLP285 (US$0.60) per share. Quinenco will now be CSAV's second-largest shareholder after Marinsa CSAV. New Concession Presents Upside Risk To San Antonio - The San Antonio Port Authority (EPSA) has awarded the concession to expand and operate the terminal of Costanera Espigon to Puerto Lirquen. The expansion plan is designed to help the port cater for a projected rise in throughput over the coming five years. BMI predicts that consumption growth in Chile over the next five years will be among the strongest in Latin America, and in combination with the country's market-friendly economic policies and good macroeconomic outlook we believe this will drive increases in port traffic, ensuring that San Antonio's new terminal should see strong throughput volumes. Risks To Outlook The main downside risk to our outlook is the possibility that Chile will not be able to improve its port infrastructure in order to keep up with demand. Infrastructure deficits limit expansion. If Chile does not improve efficiency and capacity there is risk that as ports begin to reach the limits of their capacity coming up to 2014 importers will look elsewhere for their supplies. The main upside risks to our forecast comes from growing demand from Chile's consumers. Q310 data show private consumption continuing to drive growth rates in Chile, contributing 8.46 percentage points (pp) to the headline figure, by far the largest contribution. We expect private consumption to increase as wages increase country-wide and unemployment continues on its downward trajectory (over 300,000 new jobs were added in 2010, according to preliminary figures). We believe this bodes well for the country's longer-term economic prospects, and for its port sector. Report Table of Contents: SWOT Analysis - Chile Shipping SWOT Global Overview - Container Industry Overview - Drivers - Bellwethers - Rates - Players - Dry Bulk Shipping Overview - Drivers - Capacity - Rates - Liquid Bulk Shipping Overview - Drivers - Capacity - Rates - Players - Geopolitical Developments Industry Trends and Developments Market Overview - Port of Valparaiso - Overview - Terminals, Storage And Equipment - Expansions And Developments - Multi-Modal Links - Puerto San Antonio - 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 (US$) - Table: Main Export Partners (US$) Company Profiles - Compania Chilena de Navegacion Interoceanica S.A. (CCNI) - Maersk Line - Mediterranean Shipping Company (MSC) - CMA CGM - Hapag-Lloyd - Evergreen Line - APL - CSAV - COSCO Container Lines Company Limited (COSCON) - Hanjin Shipping (Container Operations) - China Shipping (CSCL) 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/ 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. End
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