CI Future Supply and Demand for Liner Services 2006 08
Released on: September 8, 2007, 4:05 am
Press Release Author: Bharat Book Bureau
Industry: Financial
Press Release Summary: Making forecasts in the liner shipping industry is difficult but absolutely necessary. It is critical to profitability for shipping lines to predict how full their ships are likely to be and for customers to know the likely impact of this space availability on freight rates
Press Release Body: Bharat Book Bureau, a leading market information aggregator has put forth a report - CI Future Supply and Demand for Liner Services 2006/08 (http://www.bharatbook.com/detail.asp?id=6354) Making forecasts in the liner shipping industry is difficult but absolutely necessary. It is critical to profitability for shipping lines to predict how full their ships are likely to be and for customers to know the likely impact of this space availability on freight rates.
Therefore, Containerisation International has drawn on its extensive knowledge and contacts in the industry, together with the leading economic and trade forecasting group Global Insight and resurrected its Future Liner Supply & Demand report.
It covers 11 trade lanes and projects how the market will develop in each direction over the next two years, deriving supply/demand balance percentages and slot utilisation levels.
These routes include Asia, Western Asia, North America - West and East Coast, South America East Coast, Europe, Northern Europe, Mediterranean, Australasia and Southern Africa.
A detailed assessment is then made of the impact of the changes in the supply/demand balance on freight rates.
For the first time, CI intends adding 3 quarterly reports and will add additional trades lanes to the study over the next 12 months.
The report provides all of the necessary intelligence required by ocean carriers in working out their ship deployment programmes, planning their investment strategies, plus it helps ports assess their terminal capacity requirements and shippers in contracting future services; i.e should they sign long-term contracts or rely on the spot market etc.
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