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$4,800.00
By: SBI, Published: Jul-2010
During 2010, many nations will increase their roll out of high-speed rail (HSR) initiatives to make them a more integral part of their overall transportation infrastructure and improve their transportation infrastructure for commuters and freight. Several countries in Europe that lack an HSR system have expressed their commitment to begin construction by the end of the year. Many Asian nations, too, have already begun HSR development projects tha.....
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$1,900.00
By: ResearchInChina, Published: Jun-2010
Thanks to the policies including the “Ten Measures” and the exemption of airlines from infrastructure construction funds implemented by Civil Aviation Administration of China (CAAC), China’s air transport industry recovered and realized brisk growth earlier than its global peers in 2009. The accumulated turnover totaled 42.7 billion ton kilometers, up 13.4% year on year, the volume of passenger traffic reached 230 million people, up 20.1% year on.....
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$1,800.00
By: ResearchInChina, Published: Jun-2010
As of December 31, 2009, China had 3,757 budget hotels in total, up 952 and 33.9% year-on-year, with 412,840 guest rooms, rising 99,910 and 31.9% year-on-year.
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$1,900.00
By: ResearchInChina, Published: Jun-2010
To accelerate railway construction has been taken by China central government as an important measure to stimulate domestic demand and propel economic growth since 2008, when the worldwide economic downturn occurred. In 2009, China’s railway fixed assets investment exceeded RMB700 billion, up 69.1% year-on-year.
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$800.00
By: Koncept Analytics, Published: Jun-2010
The leisure boat market represents a very small part of the leisure industry as a whole. The leisure boat industry has shown significant growth during the last decade in terms of adult participation, production units and revenues. However, the current global economic downturn has given a serious halt to the industry leading to a significant fall in industry revenues in all the segments. With the recovery of global economy, the leisure boat indust.....
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$1,800.00
By: ResearchInChina, Published: Jun-2010
China high-speed railway has stepped into rapid development in recent years. Up to the end of May, 2010, there have been 13 in-service high-speed railways (speed ?200 km/h) in China with the total operating mileage of 6,552 kilometers, ranking the first worldwide. In the future, China will construct ‘4 vertical & 4 horizontal’ passenger dedicated lines and intercity passenger transportation system with inter-city and urban network as the core. By.....
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$530.00
By: Business Monitor International, Published: Jun-2010
Brazil’s tourist industry relies substantially on strong domestic demand and this has helped the sector ride out the international economic difficulties. Prospects for the coming few years are particularly helped by a number of high profile events occurring in the country – the 2014 FIFA World Cup is set to be a huge draw for visitors and the addition of the 2016 Olympics in Rio de Janeiro will further boost the sector. The government’s commitmen.....
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$530.00
By: Business Monitor International, Published: Jun-2010
According to reports in April, normal service was near to resuming across Chile's port sector after February's hurricane, with the country reportedly functioning at more than 90% of its full export capacity. There was some confusion, however, surrounding the future of one of the largest facilities in Chile's centre-south region, the port of Talcahuano, which remained largely inoperable because of extensive damage sustained by its cargo handli.....
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$530.00
By: Business Monitor International, Published: Jun-2010
The earthquake in February 2010 affected the country in numerous ways but despite this, Chile still has significant potential for growth as a tourist destination and economic indicators reinforce our positive outlook for the country. After contracting by 1.1% in 2009 and the impact of the earthquake tool Q110 down, BMI forecasts that the Chilean economy will grow by 1.5% in 2010 and 3.2% in 2011.
The growth will be helped by tourism and we have.....
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$530.00
By: Business Monitor International, Published: Jun-2010
Costa Rica currently receives the majority of their tourist arrivals from the Americas, with the top three nationalities visiting the country being from the US, Nicaragua and Canada. Tourism arrivals, after increasing from 1.72mn in 2006 to 2.15mn in 2008, dipped to 1.93mn in 2009. Arrival numbers are forecast by BMI to pick up in 2010 and grow at an average rate of 8% until the end of our forecast period in 2014.
Health tourism also brings vis.....
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$530.00
By: Business Monitor International, Published: Jun-2010
The Chinese are interested in the Adriatic. There have been talks recently between representatives of the Beijing government and Croatia on the possibility of major investments in a series of big projects, across shipping, airports, tourism and the timber industry, amounting to a reputed EUR10bn (US$13.3bn). In this context COSCO, the Chinese shipping company, was said to be interested in operating Rijeka Port on a long-term concession basis......
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$530.00
By: Business Monitor International, Published: Jun-2010
After improvement in the rate of decline in foreign tourist arrivals during the first nine months of last year, followed by positive growth in Q409, the outturn for the year as a whole was a relatively modest decline in arrivals of just 2.3% year-on-year (y-o-y) to an estimated 12.4mn people. Indeed, the tourism sector has proven surprisingly resilient – compared with the global downturn – partly due to government measures to assist the sector. M.....
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$530.00
By: Business Monitor International, Published: Jun-2010
The global economic downturn hit Greece’s tourism sector hard in 2009, with foreign tourist arrivals down an estimated 8% year-on-year (y-o-y). This followed a poor year in 2008 (arrivals down 2% y-o-y). According to official reports, tourist reservations in early 2010 were unfavourable from Greece’s two most important tourism markets, the UK and Germany. However, there was more positive news from markets such as France, Italy and Eastern Europe......
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$530.00
By: Business Monitor International, Published: Jun-2010
Things are - slowly - getting better in the box business. At the end of March Hutchison Port Holdings (HPH), the world's largest container terminal operator, which has its headquarters in Hong Kong, said its earnings before interest and taxes fell by 7.3% year-on-year (y-o-y) to HK5.92bn (US$763mn) in the six months to end-December 2009. Another terminal operator, Cosco Pacific, said its net income was down by 44% to US$68mn in H209. Both com.....
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$530.00
By: Business Monitor International, Published: Jun-2010
India's port sector appears to be on track to meet our 6.5% throughput growth target in 2010/11 after figures released by the Indian Ports Association (IPA) showed 3% growth in volumes in April, the first month of the financial year. However, BMI warns that increasing government concerns over inflationary pressures present a downside risk to our forecasts. Total tonnage throughput at India's 12 major ports was estimated at 46.6mn tonnes in April .....
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$530.00
By: Business Monitor International, Published: Jun-2010
Israel's port sector appears to be on the road to recovery, with the country's main port, Haifa, posting a rise in tonnage throughput in Q110 of 15% year-on-year (y-o-y). Container volumes at the port increased by 14% y-o-y. We expect the recovery trend at the nation's ports to continue over 2010. For the full year we are projecting total tonnage at the port of Haifa to increase y-o-y by 11.9% and box volumes to grow by 14.7%.
BMI believes .....
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$530.00
By: Business Monitor International, Published: Jun-2010
Although Kenya is recovering from the global economic downturn and the post-election violence of early 2008, the political situation remains volatile. There has been a recovery in tourism, following declining visitor numbers as a result of these setbacks. These problems led to the government instituting ‘reassurance campaigns’ to market Kenya as a safe tourist and investment destination.
The success of these campaigns has led to a resurgent tou.....
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$530.00
By: Business Monitor International, Published: Jun-2010
Kuwaiti shipping firm the Kuwait Oil Tanker Company appears to have weathered the downturn well, and is making the most of the uptick in the shipping market, which has been obvious since the beginning of 2010, by looking into expanding its fleet.
The company already holds an orderbook for new-build oil tankers, some of which the line is prepared to bring online earlier. This further validates the view that the company is in a strong position, as.....
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$530.00
By: Business Monitor International, Published: Jun-2010
Mexico's maritime sector has outperformed that of several other Latin American states in 2010; the country's 16 largest ports recorded total throughput growth of 29% in the first four months of the year. Signs of returning confidence in the maritime sector have reignited the interest of investors, and in May mining and freight transport conglomerate Grupo Mexico declared its interest in participating in tenders for the Punta Colonet port project......
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$530.00
By: Business Monitor International, Published: Jun-2010
Although Oman’s tourism sector declined by 8.3% year-on-year (y-o-y) in 2009, the World Travel and Tourism Council (WTTC) expects Oman’s tourist sector this year to have the highest growth in the Middle East and the third-highest growth in the world.
Facing dwindling oil reserves over time, Oman is diversifying its economy beyond oil- and gas-led revenues. Tourism is one of the main areas of further planned development. Oman’s tourism ministry .....
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$530.00
By: Business Monitor International, Published: Jun-2010
Various potentially competing schemes are being put together to transport Caspian Sea natural gas to Europe. The latest may well offer a significant boost to the Romanian shipping industry. The new proposal is called AGRI (Azerbaijan-Georgia-Romania Interconnection), and was endorsed by the governments of the three countries at a ministerial meeting in April. The idea is to pump gas from Azerbaijan by pipeline to Georgia's Black Sea coast, wh.....
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$530.00
By: Business Monitor International, Published: Jun-2010
2009 was a tough year for the Port of Singapore Authority (PSA) but there does now seem to be light at the end of tunnel. PSA reported a 6.1% fall in net profit for last year in April 2010. The port operator earned a profit of SGD976mn (US$698mn), down from SGD1.04bn (US$757.8mn) in 2008. The company's revenues fell by 2.7% year-on-year (y-o-y) from SGD4.39bn (US$3.2bn) to SGD3.83bn (US$2.79bn), while its global container handling decreased by 9......
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$530.00
By: Business Monitor International, Published: Jun-2010
The glut of ships on the world market is not over yet, but with world trade recovering from last year's slump, some fleet modernisation is going ahead. Singapore's Neptune Orient Lines (NOL) seems to be confident enough on this front. At the end of March the firm's chief executive, Ron Widdows, said that through its subsidiary APL it would charter up to 10 6,000 20-foot equivalent unit (TEU) ships this year to meet rising demand. It would also br.....
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$530.00
By: Business Monitor International, Published: Jun-2010
A year has made a big difference at Busan International Container Terminal (BICT). According to press reports the big problem at BICT in early 2009 was a massive pile-up of empty containers as the global recession took its toll on trade and shipping. Now, however, the problem amid a restocking-based upturn is a pile-up of laden containers waiting for shipment. China Daily cited Park Jong-ho, assistant general manager at BICT, saying that surging .....
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$530.00
By: Business Monitor International, Published: Jun-2010
In 2009, the US had 54.9mn arrivals and 23.8mn of those were from overseas. In 2010, the number of arrivals is forecast to increase to 55.8mn and reach 66.3mn by the end of our forecast period in 2014. The majority of arrivals to the US come to the country for leisure purposes, with 12.3mn in 2009. In 2010, a slight drop in leisure arrivals is forecast, to 11.7mn, before rising to 14.1mn by 2014. Once in the US there are many different attraction.....
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