HACIA DÓNDE VA LA INDUSTRIA MARÍTIMO- PORTUARIA DE LA REGIÓN?
A.P. Moller - Maersk overview TRANSPORT & LOGISTICS DIVISION DAMCO ENERGY DIVISION APM TERMINALS MAERSK OIL MAERSK DRILLING MAERSK CONTAINER INDUSTRY MAERSK LINE MAERSK SUPPLY SERVICE SVITZER MAERSK TANKERS MAERSK TRAINING The Maersk Line brand includes Safmarine, Seago Line, SeaLand, Mercosul Line and MCC Transport 2
Billion USD (Current Value) Global merchandise import growth 1970-2016 $20,000 $18,000 $16,000 $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $0 1970 1980 1990 2000 2010 2016 (Source: World Trade Organization Data 2017) 3
Million TEUs 800 700 600 500 4 Global Container Throughput 1979-2016 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 400 300 200 100 0 (Source: Drewry Shipping Consultants)
4.5% 4.0% 3.5% 3.0% 2.5% 2.0% 1.5% 1.0% 0.5% 0.0% World Trade Growth Forecast (By Volume) 2013 2014 2015 2016e 2017f 2018f 2019f (Source: World Bank Global Economic Prospects June 2017) 5
Seaborne trade is growing faster than Global GDP Organization for Economic Cooperation and Development industrial production index and indices for world gross domestic product, seaborne trade and merchandise trade, 1975 2015 6
The global economy relies upon the global shipping fleet for growth World trade transported by ship: 10 Billion tons Estimated World Merchandise Trade by value (2016) : $16.9 Trillion USD Total number of merchant ships in service in 2015: 90,917 World seaborne trade (value) moving in containers: 7 Developing countries represent the largest share of global seaborne trade; 60% of all goods loaded 52% 58% of all goods unloaded (Sources: World Shipping Council 2015; UNCTAD Review of Maritime Transport 2016; World Trade Organization 2017)
Global shipping requires a global port network Over 400 liner services: 10,000 Port calls weekly 5,993 vessels call liner trade routes: 5,144 are containerships Total global container fleet capacity: 20.6 million TEUS 355 container vessels on order: 2.7 million TEUs new capacity Top 3 Lines: More than two-fifths of the total global container fleet 42.8% Top 5 Lines: More than half of the total global container fleet 58.6% (Sources: World Shipping Council 2016; Alphaliner, August 2017) 8
900 800 700 600 500 400 300 200 100 0 Long-term attractiveness of the port industry is driven by ongoing globalization, containerization and privatization World container port handling demand (TEU million) 10% CAGR from 1990-2008 (9.1% ) global volume loss for 2009 Recovery in 2010 with 14.8% growth 4% growth rates 2016-2021 TEUs Handled (Millions) 1970 1973 1976 1979 1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 2018 2021 9 (Source: Drewry Shipping Consultants, August 2017) Fundamental drivers of port demand Global economic growth. Increased regional trade (e.g. Intra-Asia). Increased containerization of commodities (e.g. grain, reefer). Necessity to upgrade existing capacity (e.g. larger vessels, deep draft and larger crane requirements). Privatization opportunities. Growing consumer demand in developing countries. Projected figures based upon 4% average annual growth 2016-2021 (Drewry).
New larger vessels raising bar for port operators World Container Fleet Breakdown by Vessel Capacity 2012 to 2016 22 Fleet Capacity - Million Teu Nominal 20 18 16 14 12 10 2012 2016 >10,000 teu 7,500-9,999 TEU < 7,500 TEU 10 Source: Alphaliner February 2016
Port industry needs to respond Demand on land space APM Terminals Maasvlakte II, Rotterdam Inland infrastructure and connectivity Itajai, Brazil Sustainability- Safety and Environment 11 Rotterdam, Netherlands
Evolution of Port design Brooklyn, New York, USA Maasvlakte Port 2, Elizabeth, Rotterdam, New The Jersey, Netherlands USA The effects of containerization on port design and operations illustrated by a comparison of port operations and activities separated by several decades. 12
The evolution of crane sizes...
...and the evolution of crane concepts From bigger cranes to smarter cranes
Global Trade Expansion Requires Infrastructure International seaborne trade, selected years (Millions of tons loaded) 15
Demands on Land Space Portsmouth, Buenos Aires, Argentina Virginia, USA 16
Mature Markets: Expanding Capacity APM Terminals Maasvlakte II, Rotterdam Source: Port of Rotterdam 17
Underserved, Emerging Markets: New Construction APM Terminals Moin, Costa Rica 18
Emerging and Developing Markets Higher Growth 8% 7% 6% 5% 4% 3% 2% 1% 0% GDP Growth Rates (Constant Prices) 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 World Advanced Economies Emerging and Developing Economies Source: IMF Data October 2016 19
Latin America Lags, India Leads, in Economic Growth 2017 GDP Growth Projection Comparisons 8% 7% 6% 6.2% 7.1% 5% 4% 3% 2% 1% 1.2% 1.5% 1.5% 2.2% 2.4% 2.9% 3.1% 0% Source: World Bank: January 2017 20
Thank you 21