Maritime Containerization Market to Pick up Post-Recession: companiesandmarkets.com
- 90% of border-traded goods transported via the sea
- Fuel cost is still a concern for maritime containerization and transport industry
- New technology to drive market – e.g. satellite tracking and automated handling
LONDON --(BUSINESS WIRE)--As economies emerge from recession and manufacturing levels rise, the maritime containerization market is expecting to return to prosperity, according to a new report on companiesandmarkets.com. By 2017 the market is expected to achieve 731.88 million twenty-foot equivalent units (TEUs).
Maritime Containerization: A Global Strategic Business Report
The maritime containerization market is heavily influenced by economic conditions, with 2009 proving particularly challenging, although a return to growth has already been noted on Far East routes to the US and Europe. The Asia-Pacific and European regions dominate the maritime containerization market, and economic recovery will trigger enhanced transportation activity between ports in these regions.
Improvements are coming from increased trade activity with suppliers in Asia, and a higher volume of goods transported. Growing environmental awareness is expected to result in an increase in sea traffic, as companies seek ‘greener’ alternatives to expensive air and road transport. The adoption of new technologies which enhance efficiency and speed, including satellite tracking and automated handling, as well as improvements to existing pollution control systems and the availability of alternative sources of fuel are expected to enhance growth.
Within the maritime containerization market report are profiles of 168 companies such as: Transport Corporation of India Ltd; ACC Logistics Ltd; China Shipping Container Lines Company Limited; American Stevedoring Incorporated; APL Limited; CMA CGM SA; SSA Marine Inc; Metropolitan Stevedore Company; China Ocean Shipping (Group) Company (COSCO); Evergreen Marine Corp Ltd; Gati Ltd, Hanjin Shipping Co. Ltd; Amerijet International Inc; PSA International Pte Ltd; Hapag-Lloyd AG; A.P. Moller-Maersk Group; Evergreen Shipping Agency Corp; Nippon Yusen Kabushiki Kaisha (NYK LINE); Agility Logistics; Dubai Ports World Limited; Exel PLC; Hutchison Port Holdings and Mediterranean Shipping Company S.A.
The 441 page report provides a thorough analysis of the maritime containerization market, with historic and forecast data for 2003-2017. A summary of trends, market drivers, barriers, M&A activity and other market-influencing factors, is also provided. Information is provided for the following geographic regions: Asia-Pacific; Canada; Europe; Japan; Latin America, US and Rest of World.