Growth at South African ports is threatened by the global headwinds that are posing challenges for the
country as a whole, namely the China slowdown and the drying up of foreign inflows due to the raised
possibility that the extraordinarily loose monetary policy that has been the norm in the US is tapered off.
However, with continued investment in facilities, growth in private final consumption, and ever-expanding
coal exports, we forecast growth in both total tonnage and container volumes at South African ports in
Headline Industry Data
? Richards Bay Port tonnage throughput in 2015 is forecast to return to growth at 2.0% following a 2014
decline. Over the medium term to 2019 we project a 2.2% average annual increase.
? Port of Durban container throughput is forecast to grow by 2.5% in 2015. Growth will average 3.2% per
annum in the medium-term forecast period to 2019.
? 2015 total trade growth is forecast at 4.3%, and to average 4.4% per annum to 2019.
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BMI maintains its cautiously optimistic view on the Argentine port sector. The country enjoys a goodcommodities mix, but it continues to struggle with external headwinds, as well as internal difficult ...Read More
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Bahrain's main maritime facility, the Khalifa bin Salman port, is set to continue posting solid growth figuresin 2015, especially in terms of container throughput. Volumes at the facility are rising a ...Read More
We have a positive outlook for Bahrain's shipping sector. The country's main maritime facility, the Khalifabin Salman port, is poised to continue on its upward growth trend, posting solid growth, espe ...Read More
Bahrain's main maritime facility, the Khalifa bin Salman port, is set to continue posting solid growth figuresin 2014, especially in terms of container throughput. Volumes at the facility are rising a ...Read More
BMI View: We believe that Brazil's economic recovery will falter this year, and are revising down our 2014real GDP growth forecast from 2.4% to 2.0%, below our 2013 estimate of 2.3% growth. Indeed, fu ...Read More
Brazil's weak Q114 GDP print helps confirm our view that the economy will continue to see tepid growth inthe coming years as the consumption story dims and investment has yet to pick up meaningfully. ...Read More
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