Hong Kong Shipping Report - Business Monitor International - Industry Reports

Hong Kong Shipping Report

Hong Kong Shipping Report - Business Monitor International - Industry Reports
Hong Kong Shipping Report
Published Dec 19, 2015
95 pages — Published Dec 19, 2015
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

BMI View: Following a disappointing year in ----, there will be some positive growth in total throughput in ----, though container volumes will continue to decline, albeit at a much lower rate, until the move back into positive growth in ----. Economic growth will decline slightly in both Hong Kong and China in ---- but will remain steady into the medium term, with Hong Kong s real growth in GDP increasing to around - in ---- and ---- . ...However, the prominence of the country s trading and logistics industries will should ensure that opportunities within the shipping industry remain strong. In the medium term, the loss of traffic to China s growing ports will pose a threat to Hong Kong, with lack of space for development or expansion limiting the country s capacity to improve its port services. The industry will look to the government to support growth and encourage the development of the talent pool. ...The industry will look to the government to support growth and encourage the development of the talent pool. With total trade growth in the country set to increase to healthy levels by ---- and imports and exports expecting growth of around - between then and ----, the need to extend its offering in the light of increasing competition from China is paramount for the industry.

...The major short-term risk to our outlook for Hong Kong is presented by a potential weakening in demand outlook for Europe, the US and China. If the mainland economy experiences a sharper-than-expected slowdown, or the sovereign crisis in Europe takes a turn for the worse, it would lead to a decline in throughput at the nation s port. The movement of industries away from the Pearl River Delta region inland - on the back of rising production costs and labour shortages in the area - is likely to negatively affect the Port of Hong Kong in the short to medium term. Although BMI the port of Hong Kong currently sits at the fourth position in the global container throughput rankings, behind Shenzhen and will continue to play a major transhipment role over the medium term, there is a possibility that Ningbo-Zhousan will overtake it, pushing it into fifth position. Although BMI the port of Hong Kong currently sits at the fourth position in the global container throughput rankings, behind Shenzhen and will continue to play a major transhipment role over the medium term, there is a possibility that Ningbo-Zhousan will overtake it, pushing it into fifth position. ...BMI believes that, as throughput picks up, bottlenecks could appear, with land for expansion proving hard to find. In addition, the latest low emissions bunker fuel law in effect from ---- could deter shipping companies away from the port and see them instead opt for its rival port of Shenzhen.

...All information contained in this publication is copyrighted in the name of Business Monitor International Ltd, and as such no part of this publication may be reproduced, repackaged, redistributed, resold in whole or in any part, or used in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. ...

...

  
Source:
Document ID
2040-9729
Country
Industry
Format:
PDF Adobe Acrobat
Buy Now

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.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Hong Kong Shipping Report" Dec 19, 2015. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hong-Kong-Shipping-Report-2026-891>
  
APA:
Business Monitor International - Industry Reports. (2015). Hong Kong Shipping Report Dec 19, 2015. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hong-Kong-Shipping-Report-2026-891>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.