Business Monitor Release One-Off Report on Outlook for Container Shipping in 2014

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Business Monitor has just published a brand new Special Report ‘Container Shipping: 2014 Looking Stronger’. The report examines the outlook for the container shipping sector, looking closely at the supply and demand dynamics and what this will mean for freight rates and those involved in the sector.

industry analysis, business forecasts, business monitor
An improving global macroeconomic outlook in 2014 will support the continuing recovery in the container shipping sector

Business Monitor is a leading, independent provider of proprietary data, analysis, ratings, rankings and forecasts covering 195 countries and 24 industry sectors. It offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities.

‘An improving global macroeconomic outlook in 2014 will support the continuing recovery in the container shipping sector’

Business Monitor International (BMI) has just published a brand new Special Report examining the outlook for the container shipping sector in 2014.

An improving global macroeconomic outlook in 2014 will support the continuing recovery in the container shipping sector and this stronger global demand outlook coupled with a slowing in new vessel launches offers a climate for higher rates and with it improving bottom lines for container shipping lines. Demand for container cargoes will be bolstered by Business Monitor’s growth projections for the key global consumer markets of Europe and the US. This will have a positive impact on the box shipping sector as the container routes that cater for the demand of these consumer markets, the Asia-Europe and the transpacific box routes, are the sector's main business.

The new special report details Business Monitor’s outlook for the container shipping sector in 2014 looking closely at the supply and demand dynamics and what this will mean for freight rates and those involved in the sector. They believe that the recovery will continue in 2014 and that the outlook is starting to improve as demand increases, while supply is set to slow down. This offers a stronger rate outlook and with it improved bottom lines for container shipping firms.

The industry has seen a tough few years and Business Monitor believe that next year will mark the beginning of a revival in the container shipping sector, with the performance of shipping lines set to improve and by extension sectors associated with shipping, such as shipbuilding will also benefit.

The Special Report has been produced using BMI’s international shipping and freight transport expertise to provide a detailed analysis of what 2014 holds for the container shipping sector. It draws on BMI’s 30 years of experience to critically evaluate the outlook for the sector, helping companies assess the role this could play in their company’s growth strategy for 2014 and beyond.

For more information on this insightful new publication please click here.

Business Monitor is a leading, independent provider of proprietary data, analysis, ratings, rankings and forecasts covering 195 countries and 24 industry sectors. It offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities.

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Sarah Sutcliffe
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