Israel Shipping Report Q3 2011: New research report available at Fast Market Research

Fast Market Research recommends "Israel Shipping Report Q3 2011" from Business Monitor International, now available
 
June 22, 2011 - PRLog -- Global shipping continues to suffer from overcapacity caused by vessels that were ordered during the predownturn boom years coming online. With demand still depressed, the three shipping sectors - container and dry and liquid bulk - are all struggling to maintain healthy rates in the face of overcapacity in the global fleet. Indexes are falling and ships are increasingly being forced to operate below break-even rates. Huge geopolitical events, such as the Arab Spring and the Japanese earthquake, have further complicated market dynamics in the shipping sector.

How Israel will be affected in the long term by the upheavals in the region remains to be seen, though it seems likely that with neighbours such as Syria restive security issues will be at the fore. During the quarter Israel once again intercepted a vessel carrying arms bound for Gaza. Domestically the key issue affecting the Israeli maritime sector is the ongoing privatisation of the major ports.

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Full Report Details at
- http://www.fastmr.com/prod/171485_israel_shipping_report_...
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Headline Industry Data

*  Gross tonnage handled at Haifa, Israel's largest port, will expand by 4.1% in 2011 to reach 22.72mn tonnes, BMI forecasts. At Ashdod, the second largest port, tonnage will grow 5.1% to 19.48mn tonnes.
 *  Box handling at Haifa will grow by 1.1% to 1.28mn TEUs. Ashdod, which is also the country's second largest box container operation, will see growth of 9.1% to 1.11mn TEUs.
 *  The real value of Israeli foreign trade will grow at a much slower rate in 2011 than in 2010, because of the slower world economy. We project growth of +4.0%, down on the +8.8% registered last year.


Key Industry Trends

Global Port Operators Shun Eilat Box Drive: Israel's port of Eilat is seeking a private operator to increase the port's role in the container sector. Despite the plan to increase container throughput at the port, the privatisation initiative has so far only attracted domestic players, not the global container terminal operators that normally flock to a port keen to increase its box

New Port To Be Built Off Gaza?: In March was reported possibility that an island port could be constructed off the Gaza Strip, controlled by an international force, in order to facilitate trade for the Palestinian enclave.

Arms Intercepted: The proposed island port is prompted by events such as that in mid-March, when Israeli vessels intercepted a ship carrying arms to Gaza, and redirected it to the Israeli port of Ashdod.

Key Risks To Outlook

Continued political turmoil in Israel's Middle Eastern neighbourhood, especially within Egypt and Syria, offer both up and downside risk to BMI's forecasts for Israeli macroeconomics and port throughputs. Further, the death of Osama bin Laden could see a heightened security threat from Islamist militants.

Report Table of Contents:

SWOT Analysis
- Irael 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
- Israel Container Shipping Overview
Industry Forecast
- Table: Major Port Data
- Table: Trade Overview
- Table: Key Trade Indicators
- Table: Main Import Partners
- Table: Main Export Partners
Company Profiles
- Integrated Shipping Services (Zim)
- 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:Port, Israeli, Container, Gaza, Shipping, Box, Ashdod, Arms, Intercepted, Operators
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