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Taiwan Shipping Report Q3 2009Published by: Business Monitor International Published: Jul. 10, 2009 - 87 Pages Table of Contents
AbstractIn 2009 BMI believes that throughput trends at Taiwan's ports will follow the pattern of the country'strade sector. We predict that both imports and exports will fall in 2009, by 13% and 12.5% respectively.The recently published results of one of Taiwan's main ports, the port of Keelung, show that in January-May 2009 it handled 27.7mn tonnes and 618,416 TEUs. This represents a fall of 30% (11.9mn tonnes)and 31.07% (278,708 TEUs) respectively, compared with the same period of the previous year. Thenumber of inbound vessels dropped by 14.68%, year-on-year during the same period. In 2009, we expect the total throughput of the port of Keelung to decrease to 85.97mn tonnes,representing a 5.8% fall on 2008, when the port handled 91.3mn tonnes of cargo. We anticipate the slowrecovery of throughput volumes to start in 2010. In the mid-term (2011-2013) we expect handling toincrease by 1.63% per year on average and not to exceed the results reached in 2008 within the giventimeframe. According to our forecasts, in 2013, port's throughput will amount to 90.6mn tonnes.Container handling, according to our estimates, will fall by 9.28% to 1.865mn TEUs in 2009. The slowrecovery will start in 2010, and in the mid-term, between 2011 and 2013, growth will continue by 1.58%per year on average. However, we do not anticipate the 2008 figure of 2.055mn TEUs to be exceeded, aswe expect the port to handle 1.962mn TEUs in 2013. As well as an in-depth analysis of Taiwan's shipping sector, BMI's Q309 Taiwan Shipping Report offers aglobal overview of the dry bulk, liquid bulk and container sectors and overviews of the 11 largestshipping lines and their strategies over the quarter to weather the downturn in trade volumes. Get Full Details About This Report >> |
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