New market study, "Indonesia Shipping Report Q3 2011", has been published

New Transportation market report from Business Monitor International: "Indonesia Shipping Report Q3 2011"
 
July 4, 2011 - PRLog -- BMI believes the economic fundamentals are looking good for Indonesia, boding well for the country's shipping sector in particular. New port developments, such as the construction work on the island of Madura, in the pipeline underline our bullish view of the shipping sector. Meanwhile, 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.

We believe 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 following the after-effects of the global downturn, and private consumption, which will be boosted by growing consumer confidence and declining unemployment rates.

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Full Report Details at
- http://www.fastmr.com/prod/204740_indonesia_shipping_report_q3_2011.aspx
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Headline Industry Data

*  2011 Tanjung Priok total tonnage forecast is +5.50%, 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 +2.57%, average growth of 7.71% over our forecast period.
 *  2011 Palembang container forecast is +5.74%, average growth of 6.15% over our forecast period.


Key Industry Trends

New Ports In The Pipeline - The island of Madura is set to be the site of a new international port with the central aim of reducing congestion at the port of Tanjung Perak. Construction at the new US$1.1bn port is set to commence at some point this year, deputy works minister Hermanto Dardak explained in January 2011.

Indonesia Calls For Dry-Bulk Facility To Boost Malaysian Trade - Efforts are being made to strengthen trade between Malaysia and Indonesia through the planned establishment of a dry-bulk facility in Malaysia's Sabah province. BMI believes this could prove a boon for the region's ports sector, and provide potential for Sabah to elevate itself from Malaysia's poorest state.

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, but this does seem to be being addressed - see new international port on the island of Madura. 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. Our macroeconomic outlook for the country is also very solid. Indonesia's real GDP expanded by 6.9% year-on-year (y-o-y) in Q410, the fastest pace since 2004, led by robust growth in both private consumption and gross fixed capital formation (GFCF). Notably, this strong growth was markedly above consensus (6.3% median estimate) and caps a stellar 2010 with overall growth of 6.1%. We are bullish on the Indonesian economy in 2011 and 2012, forecasting real GDP to reach 5.9%.

Private consumption remains the main driver of the economy, growing by 4.4% y-o-y in Q410 and contributing 2.6 percentage points (pp) to headline growth. At this point, we project private consumption growth to remain flat at 4.6% in 2011 before accelerating to 5.0% in 2012. Our bullish consumer outlook bodes very well for any future container terminal projects in Indonesia.

Report Table of Contents:

SWOT Analysis
- Indonesia 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 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
- Table: Trade Overview
- Table: Key Trade Indicators
- Table: Main Import Partners
- Table: Main Export Partners
Company Profiles
- Trada Maritime (TRAM)
- Samudera Shipping Line
- 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/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.

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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.
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Tags:Shipping, Gas, Vessels, Oil, Indonesian, Offshore, Tonnage, Pop, Law, Port
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