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Smooth sailing: Increased trade volumes will pull industry revenue growth along



Abstract

Tugboat & Shipping Navigational Services in the US

The Tugboat and Shipping Navigational Services industry has been subject to steady growth on account of consistent increase in water transportation industries in the past five years. The industry has witnessed steady demand for navigational services over the five years to 2016. While benefiting from rebounding trade, the industry's profitability was affected by rising oil prices in 2011. Industry operators were forced to use surcharges to pass additional fuel costs to customers. These increases proved detrimental to industry competitiveness because, compared with air and ground transportation, cost savings had traditionally drawn business to waterborne freight. After seeing overall steady growth, the industry is continuing to enter open water as the economy accelerates over the five years to 2021. In light of projected growth in economic activity, trade is expected to increase and waterborne freight is likewise expected to grow.



Companies in this industry provide navigational services that ensure the safe passage of ships in and out of harbors. Such services mainly involve docking and piloting marine vessels. Marine salvage services, which involve the retrieval of cargo or vessels following marine accidents, are also included in this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



Related Reports

Ocean & Coastal Transportation in the US

Inland Water Transportation in the US

Port & Harbor Operations in the US

Dry Docks & Cargo Inspection Services in the US

Freight Packing & Logistics Services in the US



International Reports

Global Marine & Container Terminal Operation

Table Of Contents

Tugboat and Shipping Navigational Services in the US - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY



MAJOR COMPANIES

Crowley Maritime Corporation

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