Tag: Thailand

We continue to expect risks to all three core shipping sectors Globally, we continue to expect risks to all three core shipping sectors (container, dry and liquid bulk), with overcapacity and a drop in demand continually threatening to reduce rates and impinge on profits.As austerity measures take hold in Europe and the US continues to have high unemployment and recover sluggishly from the downturn, shipping levels may slow their growth considerably.We currently project that Thailand´s ports will grow susbstantially over the medium term, outpacing our current total trade real growth forecast. This will be aided by planned expansions among the country´s shipping lines.Headline Industry Data- 2011 Port of Bangkok tonnage throughput growth forecast 5.4%, and to average 4.4% per annum to 2015. - 2011 Port of Laem Chabang tonnage throughput growth forecast 8.1%, and to average 6.6% per annum to 2015. - 2011 Port of Laem Chabang container throughput growth forecast 8%, and to average 6.6% per annum to 2015. - 2011 total trade real growth forecast 2.7%, and to average 5% over the medium term. Key Industry TrendsRCL Introduces And Expands Its servicesThailand-based shipping company Regional Container Lines (RCL) introduced a new Asian container shipping service on March 1 ...