Canada Shipping Report Q1 2016 - New Report Available

From: Fast Market Research, Inc.
Published: Wed Nov 11 2015

In Canada in 2016, we anticipate that the Port of Montreal will continue to lead in terms of growth at 4.90%, albeit a bit lower than 2015's estimat e . The p ort of Prince Rupert will shorten its lead in terms of container throughput growth, with Metro Vancouver closing the gap. We forecast that there will be no negative growth figures in 2016 despite the knock-on effects of the slowdown in China and the possible repercussions on global economic instability.

Canada's economy looks set to benefit from trade with the US and increased deficit reduction in 2016, as investment in the country's shipping sector continues to strengthen its offering by enabling more capacity and efficiency. Growth in trade will reach a high in 2017 before settling at healthy levels over the following few years with import figures slightly overshadowing exports over this period. Fuel exports will lead the way in terms of key trade indicators whilst the growth over the medium term of the export of heavy metals and agricultural materials will drive growth in the shipping sector, with much of the traffic heading to the US. .

Full Report Details at

Headline Industry Data

Port Metro Vancouver tonnage throughput is forecast to grow 2.77% in 2016 compared to our 5.50% estimate for 2015. We project throughput to reach 151.39mn tonnes by the end of 2016, up from 2015's 147.3.
Port Metro Vancouver container throughput is forecast to increase by 7.30% to reach 3.48mn twenty-foot equivalent units (TEUs) in 2016 compared to 3.25mn in 2015
Port of Montreal tonnage throughput is forecast to increase by 4.90% compared to 2015's 5.66% growth estimate to reach 33.75mn tonnes in 2016.
Port of Montreal box throughput is forecast to grow by 2.05% to reach 1.49mn TEUs.

The Canada 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 Canada.

BMI's Canada 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 Canada.

Key Benefits

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

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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