Playing an integral part within the overall water transport sector, the Navigation, Towage and Services to Water Transport industry provides various support services including towage, navigation, pilotage and lighterage, and shipping agency services. The past five years were productive for the industry, with revenue expected to grow at a compound annual 6.7% over the five years through 2014-15, to reach $2.6 billion. However, growth rates in the current year are expected to slow to 3.7%, as exports of bulk commodities taper off relative to their recent highs during the commodities boom.
This industry provides navigation, towage and other services to the water transport sector.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.