DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/daa537/iran_shipping_repo) has announced the addition of the "Iran Shipping Report Q4 2011" report to their offering.
Business Monitor International's Iran Shipping Report provides industry professionals and strategists, corporate analysts, shipping associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Iran's shipping industry.
BMI continue to be concerned by the state of the shipping industry. Container shipping companies are struggling to push through rate increases and liquid and dry bulk operators are contenting with some of the lowest daily returns in years. The cause is overcapacity, which looks unlikely to ameliorate any time soon. Further, there are fresh challenges on the way, including the mega ships being built by Vale and Maersk Line.
In Iran it seems certain that the country's maritime industry's impressive growth in the face of international sanctions will weaken this quarter as western sanctions continue to target it. The latest blow is the addition of ports operator Tidewater to the list, which will result in a drop in the number of services calling at Bandar Abbas. The country's shipping companies also continue to be in the firing line. Whether Iran's planned 'economic jihad' of investment in the sector will negate these downward pressures remains to be seen.
Headline Industry Data
- 2011 Port of Bandar Abbas throughput growth forecast 1.4%, and to average 2.7% per annum to 2015.
- 2015 Port of Bandar Abbas throughput expected to reach 2,963,131 20-foot equivalent units (TEUs).
- 2011 total trade real growth forecast at 0.1%, and to average 1.7% to 2015.
Companies Mentioned:
- NITC
- Islamic Republic Of Iran Shipping Lines (IRISL)
- Maersk Line
- Mediterranean Shipping Company (MSC)
- CMA CGM
- COSCO Container Lines Company Limited (COSCON)
- Hapag-Lloyd
- Evergreen Line APL
- CSAV
- Hanjin Shipping (Container Operations)
- China Shipping Container Line (CSCL)
For more information visit http://www.researchandmarkets.com/research/daa537/iran_shipping_repo