Colombia Shipping Report - Business Monitor International - Industry Reports

Colombia Shipping Report

Colombia Shipping Report - Business Monitor International - Industry Reports
Colombia Shipping Report
Published Oct 31, 2015
87 pages — Published Oct 31, 2015
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

BMI View: The healthy level of growth seen at Colombia s main ports in ---- is a trend we anticipate to continue over not only the short but medium term. Short-term growth will be stymied slightly, however, by slowing growth in Colombia, which will affect domestic demand for goods transported by sea. In ----, we forecast that the leading port in y-o-y tonnage and box terms will be the port of Cartagena, which will see y- o-y gains of -.-- and -.-- , respectively. Key drivers underpinning our forecasts include the fact that Colombia s consumer confidence index reading plunged in August ----, contracting by -.- in that month, which further underpins our view for slowing growth in Colombia, and an area for concern for the country s shippers as demand for goods transported via sea could fall going forward. With rising inflation cutting into consumer purchasing power, and consumer confidence cooling fast, we expect retail sales growth to remain relatively tepid in the months ahead, which tempers our shipping forecasts somewhat. ...This is based primarily on BMI s belief that the consumer picture will brighten over our forecast period. Container throughput is forecast to average -.-- to reach ---,---TEUs by the end of ----, while tonnage handled is set to average -.-- over the forecast period to reach just over --.-mn tonnes.

...APM-Compas Collaborate On Cartagena Terminal - Netherlands-based APM Terminals and Colombia- based Compania de Puertos Asociados (Compas) has signed a JV agreement to manage and operate the latter s existing terminal in Cartagena, Colombia, it was reported in August ----. The two companies will jointly spend more than USD---mn expanding and improving the multipurpose terminal, including equipment. ...The two companies will jointly spend more than USD---mn expanding and improving the multipurpose terminal, including equipment. The upgrade will raise the terminal s annual throughput capacity of ---,---TEUs and -.-mn tonnes of general cargo three times to handle larger vessels travelling in the widened Panama Canal. APM Terminals will own a -- majority stake in the JV that will operate the facility, while Compas will continue to be the concession holder. ...APM Terminals will own a -- majority stake in the JV that will operate the facility, while Compas will continue to be the concession holder. The deal still needs to be approved by the relevant authorities.

...APM-Compas Collaborate On Cartagena Terminal - Netherlands-based APM Terminals and Colombia- based Compania de Puertos Asociados (Compas) signed a joint venture (JV) agreement to manage and operate the latter s existing terminal in Cartagena, Colombia. The two companies will jointly spend more than USD---mn expanding and improving the multipurpose terminal, including equipment. ...

  
Source:
Document ID
2041-6601
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Colombia Shipping Report" Oct 31, 2015. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Colombia-Shipping-Report-2026-1673>
  
APA:
Business Monitor International - Industry Reports. (2015). Colombia Shipping Report Oct 31, 2015. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Colombia-Shipping-Report-2026-1673>
  
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