Abstract
The shipping industry entered 2009 in a state of crisis. All shipping sectors
had been hit hard, with the dry
bulk sector struggling to recover from a
plunge in November 2008 that took the Baltic Dry Index to a
nine-year low.
Rumours persisted that containers were being shipped for a little as US$200
and that the
only thing keeping the liquid bulk sector afloat was that
tankers were being used for floating storage
rather than the actual
transport of oil. It is in the climate of uncertainty that BMI has launched a
new set
of reports to its portfolio the BMI Shipping Reports.
BMI' s
research and analysis of the shipping sector shows that a downturn that took
hold in Q408 is
persisting and looks set to get deeper in 2009. This can
be seen in our forecasts for the Malaysian
shipping sector, where we have
used measurements of throughput at the country' s main port of Klang as
an
indicator of how much demand there is for shipping. In 2008, the port of Klang
handled a total of
138mn tonnes. The ports container throughput reached
7.299mnTEU in the same year. We predict a
decline in throughput at the
port in 2009 with total cargo volumes expected to fall by 19.1%. Container
volumes at the port are also expected to decline, with a 22% reduction in 2009
to reach just
5.697mnTEUs.
BMI' s Malaysia Shipping Report offers data
from previous years of its port throughput, which has been
used along with
our forecasts of the country' s imports and exports to predict throughput
trends for the
next five years (2009-2012) as well as detailed analysis to
explain our assumptions behind these forecasts.
The BMI Malaysia Shipping
Report offers in-depth analysis into the three main shipping sectors of
container, bulk dry and bulk liquid and detailing the strategy that major
shipping companies in these
sectors have so far implemented to protect
themselves against the downturn. We also offer analysis of
other tactics
that we feel operators in these sectors could use over 2009 as trade continues
to contract.
The report offers an overview of country' s main port of Klang
and Tanjung Pelepas with analysis of the
ports' facilities, expansions and
developments that are already under way at the ports or planned to
increase the ports working capabilities as well as details of multi-modal
links from the ports to the rest of
the country' s transport network.
Finally the Malaysia Shipping Report offers an in-depth overview of 11 of the
main global shipping
companies (China Shipping, CMA CGM, COSCO, Evergreen,
Hanjin, Hapag Lloyd, Maersk, MOL,
MSC, NOL, NYK.) BMI analyses the firms'
vital financial statistics, the companies' different operating
sectors and
their most recent activity. On top of this, the Malaysia Shipping Report
offers a country
specific overview on Maersk and CMA CGM' s shipping
operations in the country.
| 
View Cart
