Abstract
BMI is proud to launch the Chile Shipping Report for Q309. BMI launches its
latest addition to its
shipping report portfolio at a time of severe
downturn in the global shipping sector. Container lines are
releasing
dismal Q109 results and are announcing cost cutting strategies to try and
protect their bottom
lines. The bulk dry sector has been yo-yoing, with
the Baltic Dry Index recording declines followed by
increases. BMI notes
that one thing is for sure, and that is that the highs of 2008 will not be
replicated in
2009, as global demand for raw materials, such as iron ore
(the major dry bulk commodity), remains
weak. The liquid bulk sector is
showing similar volatility, as a result of fluctuating demand for both oil
and chemical cargoes. The main factor keeping the liquid sector afloat is the
use of very large crude
carriers (VLCCs) for storage. It is in the climate
of uncertainty that BMI strives to offer an in-depth
overview of the
market, the major emerging risks and where we expect to see growth.
BMI
believes that the global downturn in shipping that took hold in Q408 looks set
to continue. We
believe that a recovery will not begin until the second
half of 2010. This can be seen in our forecasts for
the Chilean shipping
sector, where we have used measurements of throughput at the country' s main
port,
Valparaíso. We believe that total throughput at the Port of
Valparaíso will decline by 0.32%% to 10.86mn
tonnes in 2009. BMI
forecasts a decline of 0.71% to 940,126 twenty-foot equivalent units (TEUs) at
the
port' s container facilities. A recovery is set to begin in 2010, when
container and total throughput at the
port will increase by 12.17% and
10.09%, respectively.
BMI' s Chile Shipping Report offers data from
previous years for port throughput, and this has been used,
along with our
forecasts of the country' s imports and exports, to predict throughput trends
for the next
five years (2009-2013). We also include detailed analysis to
explain the assumptions behind these
forecasts.
The BMI Chile Shipping
Report offers in-depth analysis into the three main shipping sectors,
container,
bulk dry and bulk liquid, and details the strategy that major
shipping companies in these sectors have
implemented to protect themselves
against the downturn. We also offer analysis of other tactics that we
believe operators in these sectors could use over 2009 as trade levels
continue to contract.
The report offers an overview of country' s main
ports, Valparaíso and San Antonio, with analysis of the
ports'
facilities, expansions and developments that are under way or are planned, as
well as details of
multi-modal links from the port to the rest of the
country' s transport network.
Finally, the Chile 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' financial statistics, their different
operating sectors
and their most recent activity.
| 
View Cart
