Singapore Shipping Report Q1 2016

Dec 31, 2015 - Business Monitor International - 95 pages - USD $1,295
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Growth in both the container and tonnage spheres is set to be steady over both the short and medium term at the port of Singapore. We anticipate box throughput to increase by 1.60% in 2016, while tonnage throughput is set to grow by 3.10%. We continue to see upside risk presenting towards the end of our forecast period in the form of the Trans Pacific Partnership trade deal, which is advancing and will increase the port's trade flows. Singapore also has considerable trade linkages to China, with exposure via both domestic export and re-export activity. The port city reaps considerable income from trade services related to port usage. A slowdown in global trade, rather than a fall in Chinese investment, is the biggest risk to Singapore, although we would still expect falling Chinese import demand to weigh heavily on dollar inflows, subsequently reducing imports and negatively impacting real GDP growth.

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