Research and Markets: Container Shipping Sector Faces Even Tougher 2012 As Demand Ebbs And Overcapacity Remains
March 15 2012 - 1:20PM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/faa244/container_shipping)
has announced the addition of the "Container Shipping Sector Faces
Even Tougher 2012 As Demand Ebbs And Overcapacity Remains" report
to their offering.
Container lines will no doubt be looking to force rates up in
2012, as operators face a year of losses in 2011 on the back of
sustained declines in rates on the major trade routes, brought
about by overcapacity. BMI warns that carriers will face an uphill
struggle in 2012, as overcapacity is set to remain an issue and
could become more acute with the slowing global growth outlook. In
Lines To Enter 2012 In The Red we explore the how lines will react
to the likelihood of losses in 2011, and highlight the fact that
while we do not expect the depth of downturn that was experienced
in 2009, the environment is looking similar. In Overcapacity To
Plague Mid Term, Beware 2013 we investigate the options available
to shipping lines to combat overcapacity.
We warn of the threat the sector faces in 2013 with the influx
of newbuilds, many of which are mega vessels, including the largest
container ships ever launched (Maersk's Triple-E fleet), and the
impact this will have on the market if demand has not picked up
sufficiently.
ETR Short- And Long-Term Benefits To Woo Carrier Expansion
analyses how the strategy of diversifying into emerging trade
routes (ETRs) will offer a safe haven for lines, as growth
continues to tick up. ETRs are not as affected by the decline in
rates as oversaturated developed routes.
However, while offering aid to the beleaguered container sector,
they will not be the industry's saviour in the medium term, as
volumes shipped on these routes are not great enough to carry the
sector. Looking ahead, as trade dynamics shift and volumes on ETRs
pick up, their role will increase and lines currently expanding
their ETR coverage will be the first to benefit. However, the
development of ETRs hinges on a major factor: the development of
ports that will be calls on ETRs.
Read more inside this comprehensive report
For more information visit
http://www.researchandmarkets.com/research/faa244/container_shipping