DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/0f2f23/indonesia_shipping) has announced the addition of the "Indonesia Shipping Report Q4 2011" report to their offering.
Business Monitor International's Indonesia Shipping Report provides industry professionals and strategists, corporate analysts, shipping associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Indonesia's shipping industry.
BMI View: Strong Economic Growth The Indonesian economy has been supportive of the ports and shipping sector this year, and BMI expects that to continue in 2012. Based on strong domestic consumption and investment, and a positive contribution from net exports, BMI sees the overall economy outperforming, and generating strong demand for freight transport. It is necessary to sound a note of caution, however, over the overstretched state of the country's infrastructure. BMI now forecasts 2011 GDP growth of 5.9% (following the 46.1% expansion experienced in 2010). BMI's outlook for 2012 is for growth to ease fractionally to 5.8%. In the five years to 2015 BMI expects growth to average 6.1% per annum.
Industry specific factors are also broadly positive. Granted, Indonesia is affected by overcapacity and low rates on transpacific and Asia-Europe long-haul routes, but on the other hand it is in a position to cash in on the strength of intra-Asian trade. A key factor, as mentioned above, is whether the government can clear out red tape and reduce political risk, to attract new investment in freight transport infrastructure.
Headline Industry Data
- 2011 Tanjung Priok total tonnage forecast is +5.5%, average growth of 5.2% over BMI's forecast period.
- 2011 Palembang total tonnage forecast is +5.6%, average growth of 5.6% over BMI's forecast period.
- 2011 Tanjung Priok container forecast is +2.6%, average growth of 7.7% over BMI's forecast period.
- 2011 Palembang container forecast is +5.7%, average growth of 6.1% over BMI's forecast period.
Companies Mentioned:
- Samudera Shipping Line
- Trada Maritime (TRAM)
- 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/0f2f23/indonesia_shipping