DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/719f54/venezuela_shipping) has announced the addition of the "Venezuela Shipping Report Q4 2010" report to their offering.
The Venezuela Shipping Report provides industry professionals and strategists, corporate analysts, shipping associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Venezuela's shipping industry.
Rather than part of the solution, central government takeovers, in Venezuela at least, may be a big part of the problem. Reports in late May that Venezuela's largest port, Puerto Cabello, was on the brink of collapse appeared to vindicate BMI's warnings that the nationalisation of the country's port sector would be to the detriment of its efficiency and the overall stability of the country's trade sector. Dockworkers cited by AmericaEconomia (AE), claimed that operations at the port had been stretched to breaking point following a lack of investment in the facility since it was transferred to the federal government.
The workers estimated that only seven of the port's 70 cargo handling machines were functional, forcing vessels to wait up to 10 days to load and unload cargo at the facility. In March 2009 Venezuela's National Assembly voted to hand over control of the country's transport links to federal authorities, which were previously under state control.
The decision saw three ports - Puerto Cabello, Maracaibo and Porlamar - placed under the control of the federal government. All three had been in the hands of states governed by leaders from parties in opposition to President Hugo Chavez's government. At the time of the takeover, BMI cautioned that the nationalisation of Venezuela's freight transport sector, and in particular its port network, would threaten the flow of trade to and from the South American country.
Key Topics Covered:
- Executive Summary
- SWOT Analysis
- Global Overview
- Industry Trends And Developments
- Market Overview
- Industry Forecast
Companies Mentioned:
- A.P. MLLER-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)
For more information visit http://www.researchandmarkets.com/research/719f54/venezuela_shipping