The dock did not divide a piece of a cup from the hot shipping market.
- Author:BESSON
- Release Date:2021-05-22
As of now, the boom in the container shipping market is not conducted to the container terminal. Diri's data shows that the performance of the 2020 liner increased by 119.6%, while the performance growth of the terminal operator was 22.4%. In 2021, this gap will be further expanded.
Nilesh Tiwary, the Diri Shipping Finance Research Manager, is represented by the rise in freight, and the profitability is enhanced, and the demand has increased, and the performance of the liner has continued to rise. In 2020, the profit in advance of interest is $ 27 billion, and the operating profit is 13%. Tiwary is expected that the profit cycle of the liner will be extended and at least a few years. Even if the future situation varies, the liner company is not too likely to fall into the cycle of serious loss.
However, in the past year, ports and terminal business face multiple challenges, including a port congestion caused by blocking restrictions, labor supply shortages and ship period delays. In 2020, global container port throughput fell by 1%, lower than 2% in 2019 and 5% in 2018, thereby reducing the income of port operators.
It is well known that although the container shipping industry has a better management of the liner to better manage the capacity, it reduces the number of potential customers and the number of ports. For port performance, the number of ships hanging Hong Kong is an important factor because it affects the throughput of the port. Harbor with higher connections is attractive to importers and exporters and help to improve the market share of ports. However, with the integration of the container liner, the port is losing its bargaining ability, which is reflected in the continuous decline in EBITDA (depreciation and amortization profit).
In addition, the number of ships in the ship also reduces the number of ships to the port, but the number of peaks is increasing, which further cuts the port gain. However, analysts warned that container shipping industry is still a large industry that is much larger than the dock business. With the mitigation of the epidemic, the terminal may still be the best long-term investment object.
Nilesh Tiwary, the Diri Shipping Finance Research Manager, is represented by the rise in freight, and the profitability is enhanced, and the demand has increased, and the performance of the liner has continued to rise. In 2020, the profit in advance of interest is $ 27 billion, and the operating profit is 13%. Tiwary is expected that the profit cycle of the liner will be extended and at least a few years. Even if the future situation varies, the liner company is not too likely to fall into the cycle of serious loss.
However, in the past year, ports and terminal business face multiple challenges, including a port congestion caused by blocking restrictions, labor supply shortages and ship period delays. In 2020, global container port throughput fell by 1%, lower than 2% in 2019 and 5% in 2018, thereby reducing the income of port operators.
It is well known that although the container shipping industry has a better management of the liner to better manage the capacity, it reduces the number of potential customers and the number of ports. For port performance, the number of ships hanging Hong Kong is an important factor because it affects the throughput of the port. Harbor with higher connections is attractive to importers and exporters and help to improve the market share of ports. However, with the integration of the container liner, the port is losing its bargaining ability, which is reflected in the continuous decline in EBITDA (depreciation and amortization profit).
In addition, the number of ships in the ship also reduces the number of ships to the port, but the number of peaks is increasing, which further cuts the port gain. However, analysts warned that container shipping industry is still a large industry that is much larger than the dock business. With the mitigation of the epidemic, the terminal may still be the best long-term investment object.