Research and Markets: Thailand Shipping Report Q4 2010

Business Wire- 12/7/2010 3:16:00 PM EST

( BW)(RESEARCH-AND-MARKETS)(.) Research and Markets: Thailand Shipping Report Q4 2010

Research and Markets (http://www.researchandmarkets.com/research/2a544b/thailand_shipping) has announced the addition of the "Thailand Shipping Report Q4 2010" report to their offering.

Thailand Shipping Report provides industry professionals and strategists, corporate analysts, shipping associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Thailand's shipping industry.

Speaking at a seminar in Bangkok in early September, Thai foreign minister Kasit Piromya stressed the importance of developing the country's shipping industry. He said Thailand was an export-oriented economy where 60-70% of GDP was linked to foreign trade. Around 98% of exports are transported by sea. He said that shipping needed to be promoted as part of the government's second stimulus package, designed to counter the recession and promote private sector development. The minister said that the Eastern seaboard and the ports of Laem Chabang and U-tapao had an important role to play to support ASEAN Connectivity, an initiative launched by Prime Minister Abhisit Vejjajiva in 2009. Thailand also had a role to play to connect the hinterland of China to ports on the Indian and Pacific oceans, he said.

Thailand continues to suffer from an ongoing and intermittently explosive political crisis, but as the country progresses through H210, it is enjoying a period of political respite and strong economic growth, to the benefit of the ports and shipping sector. The economy has been driven by inventory restocking in the early part of the year, and this was followed by signs of a reasonably well based recovery in private consumption, supported by low unemployment and rising consumer confidence levels. A package of tax incentives introduced in May seemed to be doing its job to attract more foreign businesses to invest in the country. BMI therefore reaffirmed its relatively conservative projection of 3.6% GDP growth in 2010, followed by 3.7% in 2011. On economic grounds alone, there is upside risk to this projection, but the possibility of a resumption of the political crisis ahead of planned elections in early 2011 points in the other direction.

Key Topics Covered:

• Executive Summary
• SWOT Analysis
• Thailand Shipping SWOT
• Thailand Political SWOT
• Thailand Economic SWOT
• Thailand Business Environment SWOT
• Global Industry Overview
• Container Shipping Overview Q4 2010
• Key Views
• Dry Bulk Shipping Overview
• Liquid Bulk Shipping Overview Q4 2010
• Industry Trends and Developments
• Thailand Shipping
• Market Overview
• Port of Laem Chabang
• Port of Bangkok
• Industry Forecast
• Total Tonnage
• Container Throughput
• Trade
• Tables
• Companies Mentioned

For more information visit http://www.researchandmarkets.com/research/2a544b/thailand_shipping

CONTACT:

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

KEYWORDS:   Asia Pacific  Thailand

INDUSTRY KEYWORDS:   Transport  Maritime

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