Browse the complete Report on: Poland Freight Transport Report Q4 2010

Browse All Business Monitor International Market Research Reports

The shipping of liquefied natural gas (LNG) to Poland has taken a step closer with a consortium led by Royal Boskalis Westminster (Boskalis) winning the US$211mn tender to build an LNG terminal at the port of Swinoujscie. BMI believes that the construction of the terminal is set to change the make-up of Poland's maritime sector, which until now has been geared towards containers and dry bulk cargo such as coal.
The terminal and its pipeline infrastructure are part of Poland's gas import diversification strategy, which is planned to lessen the country's reliance on Russia for its gas. As well seeking diversification of its gas supplies, Poland needs to boost its gas imports as consumption is increasing while production is falling. The country is developing gas-fired power stations that will need to be fuelled, with Radoslaw Dudzinski, CEO of Poland's state-owned Polskie Górnictwo Naftowe i Gazownictwo (PGNiG), estimating an additional 1.5-2.0GW of power could be brought online by 2015. The construction of the terminal is planned to be completed by the end of 2012. The launch date gives the terminal plenty of preparation time before its first shipment of LNG, which is due, according to BMI's oil and gas estimates, in 2014. BMI's forecast for Poland's air freight shows a year on year growth of cargo traffic in 2010. We anticipate Poland's air freight volume recovering by 6.7% y-o-y this year to 55,910 tonnes, after an estimated contraction of 9.89% in 2009.
We expect cargo handled at two of Poland's key ports, the Port of Gdansk and the Port of Gdynia, to grow at a moderate rate this year in general tonnage terms. The Port of Gdansk throughput will increase by 6.6% to 20.11mn tonnes, following a good 2009 performance when the port was largely able to sidestep the effects of the international recession. Volumes grew 6.1% to 18.86mn tonnes last year. This year total volume at the Port of Gdynia will gain 7.2% to 14.21mn tonnes. Last year volumes there dropped by 14.3% to 13.26mn tonnes.
For the rail freight sector we expect the volumes to recover 3.78% to 216.5mn tonnes this year, after falling an estimated 16.17% in 2009. The pace should accelerate in 2011 with a growth of 5.4%. BMI forecasts higher growth pattern for the country's road freight, which tries to recover from a huge drop in traffic. We predict the 2010 volumes to reach 153.1mn tonnes, a y-o-y increase of 14.23% after an estimated fall of 48.15% in 2009. 2011 will see road freight volumes to grow by 18.46%.

About Us

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.

Contact:

Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/
http://reportsandreports.proarticles.co.uk/
http://reportsnreports.wordpress.com/

Browse the complete Report on: Belgium Freight Transport Report Q4 2010

Browse All Business Monitor International Market Research Reports

In June 2010, Shanghai International Port (Group) (SIPG) acquired a EUR27.16mn (US$33.2mn) 25% stake in Belgium's Zeebrugge container port that is wholly owned by APM Terminals, a subsidiary of AP Moller Maersk. The purchase follows comments from SIPG chair Lu Haihu that the company will not seek further short-term opportunities for container terminal expansions at the Port of Shanghai. Lu told Seatrade Asia: 'Overall, Shanghai is suffering from an oversupply of box facilities, so we will not be launching any new facilities for the time being.' Zeebrugge, Belgium's second largest container port with a capacity of more than 2mn 20-foot equivalent units (TEUs), is an important gateway for trade and has remained relatively resilient to the difficult global macroeconomic environment, recording positive throughput growth in 2008 and 2009.
The collapse of the five-party coalition government in April 2010 started a new period of potential instability in Belgium, with complex negotiations taking place across the linguistic and ideological dividing lines of Belgian society. At the time of writing, the government has remained in office on a caretaker basis as talks continue. The danger was that during this time economic policy would drift and attention could be distracted from dealing with pressing fiscal problems. The country's deficit is calculated at around 6% of GDP and unemployment is also high at over 8%. BMI forecasts a slow recovery from 2009's recession, when the economy contracted by 3.1%. Our macroeconomic forecasts remain unchanged from our previous quarterly report but the downside risks have edged up. We expect GDP growth of 1.1% in 2010, accelerating gradually to 1.3% in 2011. Across our five-year forecast period to 2014 we expect average annual GDP growth of 1.5%.
We estimate Belgian airfreight volume fell very sharply in 2009, down by 21.9%. In 2010, we continue to project a very weak recovery of just 1.6%. The road freight story is similar. In 2009, the amount of cargo hauled by road contracted by 18.3%. For this year we predict growth of only 0.2% in road freight volumes. We also expect a modest recovery in railfreight in 2010 after a sharp fall in 2009. Volume was down by 14.6% last year and we forecast it to rise by only 0.6% in 2010.
At Belgium's major ports the picture is L-shaped, with a very big drop in cargo handling last year and a modest recovery in 2010. At the country's largest port, Antwerp, we expect volumes to go up by 0.4% this year, after a 16.7% fall in 2009. Container volumes will fare only marginally better. Belgium's foreign trade has not been volatile in recent years, rather the pattern has been for very slow growth in real terms. Total trade grew by 0.4% in 2009 and we forecast it expanding by the same amount in 2010. In fact, for the next five years imports and exports are projected to grow by an average rate of 0.4% per annum.
There are downside risks to our freight transport forecasts for Belgium. The most significant of these is that the negotiations to form a new coalition government drag on for a few more months, postponing urgent fiscal and economic policy decisions. This would almost certainly lower the country's growth prospects, with consequential knock-on effects for freight demand.

About Us

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.


Contact:

Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/
http://reportsandreports.proarticles.co.uk/
http://reportsnreports.wordpress.com/

Browse the complete Report on : Iran Freight Transport Report Q4 2010

Browse All Business Monitor International Market Research Reports

While economic sanctions loom large among the Iranian freight transport industry's current concerns, shipping liquid natural gas (LNG) is a big issue for the future. Iran's shipping sector was reported to be preparing itself for the development of LNG production in the country with the National Iranian Tanker Company (NITC) set to receive a fleet of vessels to cater for Iran's planned LNG exports. The NITC is due to take on its fleet of six LNG carriers in phases between 2014 and 2015; the vessels are estimated by the Fars news agency to be worth US$200-220mn.
The company is expanding other areas of its fleet further - Reuters reported that the company's fleet of 46 vessels was set to increase to 74 ships in 2013. The six LNG carriers will be the first of their type in the NITC's fleet. NITC currently operates a fleet of 28 very large crude carriers (VLCCs), 14 tankers, three chemical carriers and one LPG vessel. BMI notes that the NITC's decision to add LNG vessels to its fleet is in line with Iran's LNG development strategy. The country is expected to export its first LNG in 2013. The managing director of the National Iranian Gas Company (NIGC), Reza Kassaei Zadeh, has stated that by 2025 Iran is planning to control 10% of the global natural gas trade.
Going into the second half of 2010 operating conditions for freight transport companies in Iran remained difficult but of course, not impossible,. The main development was the further tightening of US and European Union sanctions against the country, imposed in reprisal for Tehran's nuclear programme. While this was causing real difficulties (particularly on the financing front) for key state transport companies such as shipping line IRISL and Iran Air, high oil prices and a recovery, albeit weak, in the domestic economy, were partially alleviating the position. BMI is predicting GDP growth of 2.1% this year, up from a low of 1.0% in 2009. There will be some further modest acceleration in 2011 onwards, but our five-year medium term forecast still puts average annual growth at an unimpressive 3.0%, way below the high single numbers achieved during the oil boom years earlier this decade.
Iran's air freight sector will enjoy a weak recovery in 2010 with a y-o-y increase in tonnage of 0.6%, a marginal improvement on 2009. estimated figure of 636,530 tonnes. Iran Air's current difficulties sourcing aviation fuel in Europe is a downside risk to this modest forecast.
The Iranian trucking business is set for strong growth, with volume hauled expected to grow 4.4% this year, and increasing by a further 6.6% in 2011. It is Iran's road freight sector, in BMI's opinion, that holds the most potential for growth over the mid term, with road freight dominating the country's land-based freight mix. Road haulage is also one of the transport modes least affected so far by economic sanctions. Goods transported via Iran's rail freight service are estimated to have been flat in 2009. 2010 in BMI's opinion should see volumes right themselves with a y-o-y growth projection of 1.5%
The port of Bandar Abbas is continuing to defy the downturn. It handled 898,642TEUs in the first four months of 2010 (January 2010-April 2010), a y-o-y increase of 45.6% when compared with the first four months of throughput in 2009. For 2010 as a whole we forecast the port's growth to continue with a y-o-y increase of 8.65%.
Iran's total trade was estimated by our Country Risk team to have decreased by 2.9% in 2009, brought on by an estimated import decrease of 2% and an estimated fall in export volumes of 4%. Trade is expected to pick up again in 2010 with a growth of 2.56% forecast for 2010. Over the mid term, we expect total trade to increase by an estimated yearly average of 4.2%.
BMI warns of the risk potential to these forecasts. Further international sanctions would have a negative impact on throughput and publicity about the port of Bandar Abbas and the Islamic Republic of Iran Shipping Line (IRISL) being used for the alleged transport of weapons, will no doubt tarnish the reputation of Iran's port sector.

About Us

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.


Contact:


Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004

http://reportsandreports.blogspot.com/

http://reportsandreports.proarticles.co.uk/

http://reportsnreports.wordpress.com/