Indonesia Shipping Report - Business Monitor International - Industry Reports

Indonesia Shipping Report

Indonesia Shipping Report - Business Monitor International - Industry Reports
Indonesia Shipping Report
Published Oct 31, 2015
92 pages — Published Oct 31, 2015
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Abstract:

BMI View: Both of Indonesia s main ports are set to experience positive growth in ----. Consumer demand and economic growth are set to bolster the country s shipping services, although the ongoing slowdown in China s economy could hold Indonesia back from maximising its potential over the next couple of years. ...This high consumer demand led from favourable demographics, rising levels of urbanisation and greater household leverage all bode well for the country s shipping sector, giving considerable upside risk to our forecasts. Although Indonesia s main export partners remain (in order) Japan, China, Singapore, the US and India, bilateral negotiations that were set to take place with the European Union (EU) in September ----, along with a bilateral agreement of increased ties reached with Singapore earlier in the year, show the country is actively seeking to diversify its trade partners and export markets, especially away from a stumbling China. This could see pay-offs in the medium term to the country s shipping sector, especially if agreements outside of Asia - such as with the EU - were able to take hold. ...Although Indonesia s main export partners remain (in order) Japan, China, Singapore, the US and India, bilateral negotiations that were set to take place with the European Union (EU) in September ----, along with a bilateral agreement of increased ties reached with Singapore earlier in the year, show the country is actively seeking to diversify its trade partners and export markets, especially away from a stumbling China. This could see pay-offs in the medium term to the country s shipping sector, especially if agreements outside of Asia - such as with the EU - were able to take hold.

...The new port could be built on the proposed site of Kuala Tanjung, would be located in the Straits of Malacca, adding further trade to one of the busiest shipping routes in the world. ...The new port could be built on the proposed site of Kuala Tanjung, would be located in the Straits of Malacca, adding further trade to one of the busiest shipping routes in the world. Indonesia And Malaysia To Form Anti-Piracy Teams: Following a spate of attacks in the Straits of Malacca and Singapore in ----, the Malaysian and Indonesian governments have agreed to form rapid response teams to tackle hijackings and piracy attacks in the major worldwide shipping route. The total number of piracy and armed robbery incidents had reached -- by the end of August ----, though the agreement was prompted after six merchant ships were attacked in the span of -- hours during the same month. ...The newly-established team will also serve as a deterrent and actively guard merchant ships belonging to companies linked to the country s government, as well as responding to incidents. Outside of governmental remit, Maersk Line has also stepped up anti-piracy measures as one of its container ships was attacked during the ---hour spate in

...The country s port infrastructure is poor by international standards and suffers from congestion and low efficiency at times of high demand. Indonesian ports currently lack the capacity to handle some of the world s larger container ships. ...The Association of Southeast Asian Nations (ASEAN)-China Free Trade Agreement is expected to boost trade between country members, including Indonesia. The country s ambitious port investment programme is to take a first step forward in October or November when the Indonesia Port Corporation (IPC) will nominate a single contractor to deliver -- new or improved ports, the Journal of Commerce wrote in May. The Indonesian government expects to receive USD-.-bn in investments into the country s maritime sector from four countries - Japan, Australia, South Korea and ...

  
Source:
Document ID
2040-9745
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. "Indonesia Shipping Report" Oct 31, 2015. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Indonesia-Shipping-Report-2026-904>
  
APA:
Business Monitor International - Industry Reports. (2015). Indonesia Shipping Report Oct 31, 2015. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Indonesia-Shipping-Report-2026-904>
  
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