The Report Global Shipbuilding Market Report: 2015 Edition provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. The shipbuilding industry is involved in the construction and modification of ships and these operations are carried out in specialized facilities called shipyards. The industry builds ships for commercial as well as military purposes. The shipbuilding market is segmented on the basis of ship type: Bulkers, Tankers, Containers, LPG & LNG and other special vessels. Shipbuilding industry is mostly dominated by Asian players, such as South Korea, China and Japan. Traditional large shipbuilders in the region, such as Korea, China, and Japan, as well as Southeast Asia, are enhancing their offshore capabilities and providing a single marine solution for both shipbuilding and offshore.
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In 2014, the global demand for shipbuilding declined primarily due to slow economic growth and imbalance in supply and demand of ship. The weaker demand was also due to increase in shipbuilding price and demand in 2013 along with freight rate declines in containership and bulk carrier that collectively contributed in decline of demand when compared to 2013.
This report, “Global Shipbuilding Market” analyzes the development of the market on both global and regional level. Regional markets such as China, South Korea, Japan, Europe and other emerging markets have been analyzed. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. Increasing seaborne trade, strong commercial vessel market and increasing GDP of world economies among others are acting as growth drivers of the industry. Weakened ship prices and continued weakness in drillship new order market are some of the key trends of the industry.
The industry is predominated by a handful of players including Hyundai Heavy Industries, Daewoo Shipbuilding, Mitsubishi Heavy Industries and Samsung Heavy Industries. The shipbuilding companies function in an extremely competitive environment with productivity, development capabilities and the skills and competence being the key aspects.
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Global Dry Bulk Shipping Market Report: 2014 Edition
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The global dry bulk shipping industry is an essential part of the international shipping industry, with ocean-going vessels representing the most efficient, and often the only method of transporting large volumes of basic commodities and finished products. The dry bulk shipping is defined as the transportation of homogenous bulk cargoes by bulk vessels on an irregular scheduled line.
Iron ore, coal and grain are the three main constituents of the dry bulk shipping industry followed by some minor bulk commodities. Iron ore constitutes for the major share in the industry followed by coal. Iron ore, coal and minor bulks have shown a tremendous growth in past years and expected to continue this growth in the coming years. The total dry bulk fleet, which comprises four types of vessels: Capesize, Panamax, Handymax, and Handysize; is showing a steady growth on the back of increased new orders and reduced scrapping of dry bulk vessels.
The key factors driving growth of the global dry bulk industry include rising urban population, ameliorate global economic development, rising grain production and unceasingly climbing coal industry. Also, escalating steel industry which is driving iron ore production and logistics around is a major driver for seaborne dry bulk market. Some of the noteworthy developments of this industry include rebounded dry bulk freight rates, shrinking charter hire prices and over-supply of dry bulk carrier capacity. However, the growth of respective industry is hindered by the acts of piracy, adverse economic conditions and strict rules and regulations.
Global Third-Party Logistics (3PL) Market Report: 2014 Edition
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Third-party logistics or 3PL is a business process followed by companies to outsource their logistics and supply chain activities to a service provider specialized in handling different logistics functions. 3PL service providers are specialized in handling different logistics functions such as transportation, warehousing, and freight and forwarding. The 3PLs provide transportation, consolidation, forwarding and customs brokerage, warehousing, fulfillment, distribution and virtually any logistics and trade-related services that their international customers need. With international trade mushrooming and supply chains expanding around the world, third-party logistics providers have taken on an increasingly important role for multinational manufacturers and retailers.
Growing recognition of the role of outsourcing of logistics services coupled with growth in production and trade and global economic revival are the major factors driving growth in the global third party logistics market. High fuel prices pose a major challenge for the third party logistics companies and to meet this challenge they are adopting various measures, such as changing mode of transport, realigning network to reduce mileage, and most importantly implementing route optimization software.
The ever increasing requirement for outsourced logistics services and entrance of new players has made the global third party logistics market intensely competitive. Moreover, consolidation amongst 3PL companies through acquisitions and mergers has established itself as a growing trend in recent times and has further intensified the competition.
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