Sea level: International trade will expand, causing revenue to increase modestly
IBISWorld’s Port & Harbor Operations market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.
Industry Statistics & Market Size
Annual Growth 07-12
Annual Growth 12-17
Industry Analysis & Industry Trends
Regaining its sea legs
After weak trade conditions and low shipments affected the industry during the recession, operators will benefit from a rise in overall trade and improved spending. As the economy improves, major ports are set to expand, increasing profitability and supporting industry growth. Exports to Asia will also rise, boosting overall revenue... purchase to read more
Industry Report - Starting a New Business Chapter
The industry has a high level of barriers to entry. Waterfront land acquisition costs can be extremely expensive. Furthermore, channel dredging, berth construction, intermodal transfer facility purchases and other infrastructures cost hundreds of millions of dollars. Port operators work to ensure that facilities are well serviced by appropriate sea, road and rail access beyond the port's boundaries. Developing high-quality road and rail links generally requires government cooperation and many years of planning and construction. Many of these systems are integrated through networks and systems to ensure that movement of goods is efficient and effective. Equipment such as cranes, conveyor belts and other material handling equipment can be leased... purchase to read more
What is the Port & Harbor Operations Industry?
Firms in this industry operate ports, harbors (including docking and pier facilities) or canals. Main activities include loading and unloading cargo containers from ships, operating lighthouses, arranging paperwork for incoming shipments to meet customs requirements, operating a computer system to connect cargo with recipients and transferring cargo onto trucks and trains.
Other shipping servicesRental of land, buildings and warehousesWharfageMarine cargo handlingOther operations
Waterfront terminal operation and maintenanceCanal operation and maintenanceDocking facility operationsHarbor operation and maintenanceLighthouse operationPort facility operationSeaway operationWharf operation