Turkey Shipping Report - Business Monitor International - Industry Reports

Turkey Shipping Report

Turkey Shipping Report - Business Monitor International - Industry Reports
Turkey Shipping Report
Published Dec 05, 2015
94 pages — Published Dec 05, 2015
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

BMI View: We expect growth figures estimated for ---- to follow a similar trend in ---- at Turkey s main ports, with the Port of Ambarli recording the strongest growth in terms of container throughput while the Port of Haydarpasa to have the biggest increase in tonnage throughput. The boost of trade projected at Turkish ports is evident from new terminals built, foreign interest for investment and major shipping companies such as Turkon Line expanding services to and from Turkey. Recent election results further support our positive outlook in the short term with the ruling party restoring parliamentary majority and signalling market stability with positive effects for trade relations and foreign investment. Over the next five years we anticipated growth levels to remain at similar levels reflecting slow but steady growth in the Turkish economy with real GDP averaging -.- in the --------- period and unemployment and inflation only falling modestly from --.- to -.- and from -.- to -.- respectively. This means domestic consumer demand and consequently imports will not greatly improve but exports will be boosted from recovering European economies, including major trade partners Italy and Germany. We also forecast that in ---- Russian imports will rise by -.- compared with a --.- fall in ---- which will also increase demand for Turkish exports. The Petlim container port under construction to be commissioned in ---- will have an initial capacity of -.-mn TEUs and goes in line with our forecasts for trade growth over the medium term.

...Pacific, in cooperation with China Merchants Holdings and CIC Capital, purchased -- of the company which owned the -.--mn TEUs capacity Kumport container in a USD---mn deal. Investment at the port from the new owners is expected and we believe that the room to expand capacity by about -.-mn TEUs will be fully utilised. ...Investment at the port from the new owners is expected and we believe that the room to expand capacity by about -.-mn TEUs will be fully utilised. Turkon Lines Upgrades Services: The Turkish major container transportation company upgraded its services in the Eastern Mediterranean and deepened its connectivity of regional ports with US ports in October ---- by adding additional port calls and more frequent loops. Furthermore, from November onwards services in the Black Sea are expanding to include Ukraine as well as Turkey and Romania. ...Furthermore, from November onwards services in the Black Sea are expanding to include Ukraine as well as Turkey and Romania. This is a reflection of increased demand in the region and can promote further trade growth.

...Chinese consortium including COSCO Pacific bought a stake in Kumport Terminal in September ---- with infrastructure investment expected. DP World is to build a -.-mn TEU container terminal in Korfez. ...

  
Source:
Document ID
2040-9915
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. "Turkey Shipping Report" Dec 05, 2015. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Turkey-Shipping-Report-2026-1491>
  
APA:
Business Monitor International - Industry Reports. (2015). Turkey Shipping Report Dec 05, 2015. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Turkey-Shipping-Report-2026-1491>
  
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