Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Latvia Shipping Report Q3 2014 - New Report Available  Join our daily free Newsletter

MENAFN Press - 19/08/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press)

The port of Riga which holds the top position in Latvia's maritime sector in terms of both total tonnage and container throughput is set to post growth in 2014 with increases forecast both in total cargo and box volumes. 

Riga has a strong position to build on in 2014 in terms of box throughput enhanced by robust increase in volumes over the last four years and in terms of tonnage throughput which demonstrated strong growth at the beginning of the year.

Over the medium term we project further throughput growth at the port of Riga and tonnage throughput growth at Ventspils the country's second largest port in terms of the total throughput which will try to resume recovery to its pre-downturn tonnage levels. 

Full Report Details at
 - http://www.fastmr.com/prod/858715_latvia_shipping_report_q3_2014.aspx?afid=101

 Headline Industry Data 

 * 2014 port of Riga tonnage throughput forecast to grow 15%; over the medium term we project a 22% increase.
 * 2014 port of Riga container throughput forecast to grow 3%; over the medium term we project a 17% rise.
 * 2014 total trade growth forecast at 1.25%.

 Key Industry Trends 

 Mariner To Invest EUR20mn in Riga Expansion Plans: Baltic Container Terminal's Malta-based owner Mariner is injecting EUR20mn in expanding its facility at the port of Riga. Through the expansion the company intends to tap opportunities from the Baltic Adriatic and Black Sea regions the UK and the Mediterranean. The investment will be used to boost the yard capacity and acquiring additional equipment and doubling its warehousing facilities.

 Risks To Outlook 

The base for container throughput growth at Latvia's ports stems in part from BMI's positive outlook for the country's economy with real GDP growth of 3.5% anticipated for 2014. Our positive medium-term forecast for Latvia's ports' box throughput also holds upside risks with Latvia getting better connected displaying a solid domestic demand outlook and developing its role as a gateway for cargo to and from Russia and Central Asia. This upside risk is further enhanced by Russia's membership...

The Latvia Shipping Report has been researched at source and features latest-available data and Business Monitor International (BMI)'s independent forecasting critically analysing international transport of dry bulk and containers. The report evaluates the global commodities and trade backdrop alongside in-depth country-specific analysis of trade prospects. The report also contains company profiles covering leading multinational and national shipping companies and analysis of latest industry news trends and regulatory developments in Latvia.

BMI's Latvia Shipping Report provides industry professionals and strategists sector analysts business investors trade associations and regulatory bodies with independent forecasts and competitive intelligence on the shipping industry in Latvia.

Key Benefits

 * Benchmark BMI's independent shipping industry forecasts for Latvia to test other views - a key input for successful budgeting and strategic business planning in the Latvian shipping market.
 * Target business opportunities and risks in Latvia through our reviews of latest industry trends regulatory changes and major deals projects and investments.
 * Exploit the latest competitive intelligence and company SWOTS on your competitors and peers including multinational and national companies.

Coverage

BMI Industry View

Summary of BMI's key industry forecasts views and trend analysis covering shipping major investments and projects and significant multinational and national company developments.

SWOT Analysis

SWOT (Strengths Weaknesses Opportunities and Threats) analysis of the state's shipping sector which carefully evaluates the short- and medium-term issues facing the industry.

Market Overview

Analysis of the capacity terminals and planned development of the major ports in each country including data on throughput and total tonnage.

Industry Forecast Scenario

Historic data series (2008-2012) and forecasts to end-2018 for all key industry and macroeconomic indicators (see list below) supported by explicit assumptions plus analysis of key downside risks to the main forecast including:

Major port freight throughput (tonnes/teu); overall freight throughput (teu); total imports (USbn) and exports (USbn).

Company Profiles

Company profiles include business activities leading products and services company strategy trends and developments and economic performance analysis.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts we provide quick and easy access to the best competitive intelligence available.  Our unbiased expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

 



About PRBuzz.com
PRBuzz.com is a press release distribution service that distributes press releases to online news sites and blogs to help customers with search engine optimization and create buzz about their web site, news or business.

 


MENAFN Press




  MENA News Headlines
 Mar 2 2015 - Oman's Napco plans USD18.11m capacity expansionMENAFN
(MENAFN) National Aluminium Products Co (Napco) plans to spend USD18.11 million to boost its capacity to basically increase volumes and market share, Muscat Daily reported.The company will install ...

 Mar 2 2015 - Dubai's real estate investors shift to low cost UK propertyMENAFN
(MENAFN) Dubai real estate investors are now among the largest groups of abroad nationals purchasing low-cost investment property in the UK, according to a new property survey, Arabian Business ...

 Mar 2 2015 - Etihad-staked Air Serbia logs USD3.02m net profit in 2014MENAFN
(MENAFN) Air Serbia, in which Etihad Airways holds a stake of 49 percent, logged a net profit of USD3.02 million for 2014, Arabian Business reported.In its first year of operation, Air Serbia logged ...

 Mar 2 2015 - Dubai's Abraaj invests USD145m in North Africa healthcareMENAFN
(MENAFN) Dubai-based private equity firm Abraaj Group is set to lead an investment of USD200 million in the new North Africa Hospital Holdings Group (NAHHG), Arabian Business reported.The firm, ...

 Mar 2 2015 - Egypt received USD23b aid from Gulf in 18 monthsMENAFN
(MENAFN) Egypt received USD23 billion in aid from Saudi Arabia, the UAE and Kuwait in the 18 months since former President Mursi was ousted, Investment Minister said, Reuters reported.According to ...

 Mar 2 2015 - Arab world's healthcare sector wastes USD40b annuallyMENAFN
(MENAFN) Half of the estimated USD80 billion annual governments spending on health care sector in the Arab world are going to waste due to widespread inefficiencies, a Dubai health official said, The ...

 Mar 2 2015 - Zain KSA records USD293.16m EBITDA growth in 2014MENAFN
(MENAFN) Zain KSA posted improved financial results hitting USD293.16 million in EBITDA in 2014, up from USD237.19 million in 2013, marking 24 percent increase, Saudi Gazette reported.Zain's net ...

 Mar 2 2015 - Egypt to attract USD8b of foreign direct investment in this fiscal yearMENAFN
(MENAFN) Egypt is forecast to receive a sum of foreign direct investment worth USD8 billion in this financial year, marking an increase from the USD4 billion last year, Reuters reported.The Egyptian ...

 Mar 2 2015 - Qatar, Mitsubishi to sign USD1.09b hydroelectric dealMENAFN
(MENAFN) State-controlled Qatar Electricity and Water Company (QEWC) is set to sign a USD1.09 billion contract to build the Gulf country's largest power and water plant to Mitsubishi, Emirates 24\7 ...

 Mar 2 2015 - Egypt's Edita eyes USD262m initial offerMENAFN
(MENAFN) Egyptian food maker Edita is considering an initial offering of about USD262 million the Cairo bourse, Reuters reported.According to sources, trading is forecast to start at the beginning of ...

more...


 






Google

Electronic & Mobile Payment

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help