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Malaysia Shipping Report Q3 2009 Overviews
In 2009 BMI believes that the throughput trends at Malaysia's ports will follow the pattern of thecountry's trade sector. We predict that both imports and exports will fall in 2009, by 10.3% and 12.6%respectively. A recovery is set to begin in 2010 with total trade growth forecast to increase by 4.4%. Anaverage yearly growth of 6.9% between 2011 and 2013 is predicted after that.
In 2009, we expect the total throughput of Port Klang to decrease to 128.6mn tonnes, representing 15.6 %fall on 2008, when the port handled 152.3mn tonnes of cargo. We anticipate the recovery of throughputvolumes to start in 2010. In the mid-term (2011-2013) we expect the handling to increase by 14.7 % onaverage, with the 2008 figure to be exceeded in 2011. According to our forecasts, in 2013, port'sthroughput will amount to 214.8mn tonnes.
The container handling, according to our estimates, will fall by 18.1% to 6.533mn TEUs in 2009. Therecovery will start in 2010, and in 2011 the port will surpass its 2008 handling figure of 7.974mn TEUs.In the mid-term, between 2011 and 2013, the growth will continue by 15.8% per year on average. In2013, we expect the port to handle 11.337mn TEUs.
The handling of containers at the Port of Tanjung Pelepas, the second largest in Malaysia by containerthroughput, will fall, according to our estimates, by 21.3% to 4.410mn TEUs in 2009. The recovery willstart in 2010, and in 2012 the port will surpass its 2008 handling figure of 5.600mn TEUs. In the midterm,between 2011 and 2013, the growth will continue by 13% per year on average. In 2013, we expectthe port to handle more than 6.939mn TEUs.
As well as an in-depth analysis of Malaysia's shipping sector, the Q309 Malaysia Shipping Report alsooffers a global overview of the dry bulk, liquid bulk and container sectors and overviews of the 11 largestshipping lines and their strategies over the quarter to weather the downturn in trade volumes.
In 2009 BMI believes that the throughput trends at Malaysia's ports will follow the pattern of thecountry's trade sector. We predict that both imports and exports will fall in 2009, by 10.3% and 12.6%respectively. A recovery is set to begin in 2010 with total trade growth forecast to increase by 4.4%. Anaverage yearly growth of 6.9% between 2011 and 2013 is predicted after that.
In 2009, we expect the total throughput of Port Klang to decrease to 128.6mn tonnes, representing 15.6 %fall on 2008, when the port handled 152.3mn tonnes of cargo. We anticipate the recovery of throughputvolumes to start in 2010. In the mid-term (2011-2013) we expect the handling to increase by 14.7 % onaverage, with the 2008 figure to be exceeded in 2011. According to our forecasts, in 2013, port'sthroughput will amount to 214.8mn tonnes.
The container handling, according to our estimates, will fall by 18.1% to 6.533mn TEUs in 2009. Therecovery will start in 2010, and in 2011 the port will surpass its 2008 handling figure of 7.974mn TEUs.In the mid-term, between 2011 and 2013, the growth will continue by 15.8% per year on average. In2013, we expect the port to handle 11.337mn TEUs.
The handling of containers at the Port of Tanjung Pelepas, the second largest in Malaysia by containerthroughput, will fall, according to our estimates, by 21.3% to 4.410mn TEUs in 2009. The recovery willstart in 2010, and in 2012 the port will surpass its 2008 handling figure of 5.600mn TEUs. In the midterm,between 2011 and 2013, the growth will continue by 13% per year on average. In 2013, we expectthe port to handle more than 6.939mn TEUs.
As well as an in-depth analysis of Malaysia's shipping sector, the Q309 Malaysia Shipping Report alsooffers a global overview of the dry bulk, liquid bulk and container sectors and overviews of the 11 largestshipping lines and their strategies over the quarter to weather the downturn in trade volumes.
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