Global Deep-Sea, Coastal & Inland Water Transportation
Overcapacity is the only certainty the industry faces in the coming years. The industry is dependent on strong global growth and continuing globalization to strengthen. The threat of a collapse in the Eurozone or a double-dip global recession remains real. On the other side of the equation, the imbalance of supply of ships to demand for shipping services will take longer to resolve. Segments of the industry, such as container shipping, are engaged in a race to build the biggest ship. The operator with the biggest ship captures the lowest cost structure and competitive advantage; however, the cumulative action has driven freight rates down and is expected to keep them there.
Establishments in this industry provide deep-sea, coastal and inland water transportation. Deep-sea and coastal water transportation includes that of passengers and freight over water, both scheduled and unscheduled. The inland water transportation segment includes the movement of passengers or freight via rivers, canals, lakes and waterways, including inside harbors. The industry excludes marine operations such as port operations and stevedoring.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.