New Market Research Report: Colombia Shipping Report Q4 2015

The strong growth registered across Colombia's main ports in 2014 is set to continue over the course of 2015. The largest port in the country at Cartagena is set to see the largest rate of year-on-year (y-o-y) tonnage throughput growth in 2015, with healthy gains of over 7%, while the second main port in Colombia, at Buenaventura, will be the outperformer in terms of container throughput growth (4.75%). That said, these forecasts are down on the estimated growth seen in 2014. Our forecasts are predicated on the fact that Colombian real GDP growth will slow dramatically in 2015, as the impact of weaker oil production and lower oil prices weighs on trade dynamics and undermines consumer confidence.

In the coming year, the deterioration of Colombia's oil sector will weigh on investment inflows and swing the goods trade position into its deepest deficit in more than two decades. Thereafter the outlook will brighten slowly, with a flexible exchange rate regime, improvements in transport infrastructure, which we envisage boosting the port sector going forward in terms of an enhanced supply chain and a reduction in security risks encouraging a gradual rebalancing of the current account and boosting foreign direct investment.

Full Report Details at
- http://www.fastmr.com/prod/1032885_colombia_shipping_report_q4.aspx?afid=301

Headline Industry Data

The port of Cartagena will see total tonnage volume increase by 7.71% to 22.92mn tonnes in 2015 and will average growth of 5.90% to 2019.

Container traffic at Cartagena will grow by 3.00% to 2.28mn twenty-foot equivalent units (TEUs) in 2015. Growth to 2019 will average 5.66%.

Tonnage volume at the Pacific port of Buenaventura will rise by 3.31% to 12.14mn tonnes in 2015, while container traffic will rise by 4.75%, to reach 699,179TEUs.

Key Industry Trends

The Colombia 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 Colombia.

BMI's Colombia 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 Colombia.

Key Benefits

* Benchmark BMI's independent shipping industry forecasts for Colombia to test other views - a key input for successful budgeting and strategic business planning in the Colombian shipping market.
* Target business opportunities and risks in Colombia

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