2012-11-17 07:38:50 - New Transportation research report from Business Monitor International is now available from Fast Market Research
Throughput at the port of Ambarli, which holds the top position in Turkey's maritime sector as its largest container port, is set to decrease in terms of tonnage in 2012, while its box volumes are to slow due to the macroeconomic outlook, with real GDP forecast to slow and Turkey's export sector heavily exposed to Europe.
Over the medium term we project growth to accelerate at the port of Ambarli. BMI highlights that the privatisation of Turkey's port sector has been followed by a flood of investment, with a number of projects underway to boost capacity at the nation's ports.
Headline Industry Data
* 2012 port of Ambarli general and liquid bulk cargo tonnage throughput forecast to decrease by 4%, over the
medium term we project a 22% increase.
* 2012 port of Ambarli container throughput forecast to grow 5%, over the medium term we project a 46% increase.
* 2012 total trade growth forecast at 3.75%.
Full Report Details at
Key Industry Trends
Ukraine-Turkey Freight Railway-Ferry Services Get Regulations
Ukraine and Turkey continue implementing their plans to enhance their bilateral freight railway-ferry links, with new sets of regulations setting the terms of cargo transportation signed by the two countries' representatives in Ukraine's capital in September 2012.
Turkish Ports Improve Infrastructure
Turkish State Railways (TCDD) has put back into operations the first of five refurbished ship-to-shore quay cranes at its container terminal at the Port of Izmir in June 2012; EVYAP Port has placed an order with Konecranes, also in June, for eight fully-electric RTG cranes at an undisclosed price, with the delivery scheduled for March 2013.
Azeri Oil Shipments Via Ceyhan Fall
The State Oil Company of Azerbaijan (SOCAR) has released the data on Azeri oil exports via Baku- Tbilisi-Ceyhan (BTC) export pipeline. A total of 19.8mn tonnes of oil were shipped from Turkey's Ceyhan Port in January-August 2012, with August's figure of 2.13mn tonnes being 14.4% less than previous month's one.
Risks to Outlook
The base for slowdown at the country's ports stems from BMI's wary outlook for the Turkish economy. Our 2012 real GDP growth forecast for Turkey is just 3.0%, compared with 2011's growth of 8.5%.
The major risk to Turkey's macroeconomic trajectory stems from its external environment. A continued deterioration in global economic activity will weigh heavily on foreign investment and the export sector, creating downside risk to our throughput forecasts for country's ports.
Further downside risks to our forecasts are presented by the Arab Spring uprisings that caused supply chain problems and the uncertainty that remains in the region, as well as growing tensions between Turkey and Israel.
Report Table of Contents:
- Turkey Shipping SWOT
- Turkey Political SWOT
- Turkey Economic SWOT
- Turkey Business Environment SWOT
Global Overview - Container Shipping
- More Positive Box Outlook In H212
- Box Supply Demand Imbalance Worsens
- Concerted Rate Push Must Continue
- Bunker Price Still A Worry
- 2013: A Year Of Mega Realisation
- Containerisation Revolution Hits Dry Bulk
Global Overview - Dry Bulk Shipping
- Stockpiling: A Threat To Dry Bulk Shipping
- Overcapacity A Long Term Problem
- Bankruptcies To Continue
- Vale's Forced Diversification Hedges Against China Slowdown
- Protectionism Trend Takes Off
Global Overview - Liquid Bulk Shipping
- Executive Summary: Unconventional Sectors To Outshine Traditional Crude
- Dirty Tanker Index To Remain Depressed
- Bunker Prices Down, But So Are Rates
- Table: BMI's Bunker Fuel Forecasts, 2010-2016 ($/Bbl), 2010-2016
- Iran Sanctions Continue To Affect Crude Shipping
- Saudi Arabian Merger Bad News For Other Operators
- Table: Biggest Operators Of VLCCs & ULCCs
- Bullish On Golar LNG Prospects
- Tight Market Creates Boom Times For Rig Sector
Industry Trends And Developments
Turkey Container Shipping Market Overview
- Port of Ambarli Throughput Overview
- Table: Major Port Data, 2009-2017
- Table: Trade Overview, 2009-2017
- Table: Key Trade Indicators, 2009-2017
- Table: Main Import Partners, 2002-2009
- Table: Main Export Partners, 2002-2009
- Turkon Line
- Maersk Line
- Mediterranean Shipping Company (MSC)
- CMA CGM
- COSCO Container Lines Company Limited (COSCON)
- Evergreen Line
- China Shipping Container Line (CSCL)
- Hanjin Shipping (Container Operations)
- Mitsui OSK Lines (MOL) (Container)
- Table: Turkey's Population By Age Group, 1990-2020 ('000)
- Table: Turkey's Population By Age Group, 1990-2020 (% of population)
- Table: Turkey's Key Population Ratios, 1990-2020
- Table: Turkey's Rural And Urban Population, 1990-2020
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