Japan Shipping Report Q2 2015 - New Report Available

From: Fast Market Research, Inc.
Published: Sun Apr 19 2015


News that the Japanese economy has emerged from recession thanks in part to a recovery in net exports, should provide a boost to the country's shipping industry over the short term at least. Net exports provided a major boost to headline GDP in 2014, driving roughly half of the gains in real GDP, with the weak yen finally delivering some positive results on that front.

Concomitantly, Japan's overall savings rate rose slightly with the weak yen. We do not expect the gains in net exports attributable to the weak yen to spill over into 2015 to a large extent, as the real effective gains in the yen over the past few months, together with the collapse in oil prices, should drive up imports relative to exports.

Full Report Details at
- http://www.fastmr.com/prod/980253_japan_shipping_report_q2_2015.aspx?afid=301

Leading the pack in terms of year-on-year (y-o-y) tonnage throughput growth in 2015 is set to be the port of Nagoya (2.85%), which underlines the relatively muted growth picture for this year. Box throughput is anticipated to follow a similar path over the next 12 months, with the Port of Tokyo poised to be the outperformer with growth of 3.52%.

Headline Industry Data

* 2015 port of Nagoya tonnage forecast to grow by 2.85% to reach 226.83mn tonnes, down from 2014's estimated 5.91% growth rate. Box traffic at the same port will grow by 2.80% to 2.86mn twenty-foot equivalents (TEUs), up from estimated 2.62% growth in the preceding year.
* The port of Tokyo will remain Japan's largest container terminal, with box traffic gaining 3.52% to 4.76mn TEUs in 2015, down from estimated 5.67% growth in 2014.
* The port of Yokohama will see a 2.46% tonnage growth to 124.54mn tonnes in 2015, and 1.50% container growth to 2.97mn TEUs.
* 2015 total trade growth forecast to expand by 3.83% in real terms. Import growth at 4.15% will exceed exports at 3.50%.

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The Japan Shipping Report has been researched at source and features latest-available data and BMI Research'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 Japan.

BMI's Japan 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 Japan.

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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