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Choppy waters: Overcapacity in the freight shipping market will temper growth



Ocean & Coastal Transportation in the US

In the five years to 2016, the Ocean and Coastal Transportation industry sailed through stormy seas. Even though the economy has grown in the postrecessionary years, unemployment has remained elevated while income growth has stayed weak. Consequently, demand for vacation cruises has been tempered. In the coming years, increasing incomes and improving economic conditions in the United States and among its main trading partners will increase demand for cruises and sea freight shipments, thereby driving demand for industry services.

This industry provides deep-sea, coastal, Great Lakes and St. Lawrence Seaway water transportation. The deep-sea shipping activity includes US-flagged vessels and non-US-flagged vessels (company has to be primarily based in the US). Marine transportation establishments that use the St. Lawrence River are considered a part of the Great Lakes Water Transportation System and are thus included in this report. This industry also includes deep-sea passenger transportation such as cruise ships.

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.



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Table Of Contents

Ocean and Coastal Transportation 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

Carnival Corporation

Royal Caribbean Cruises Ltd.

Norwegian Cruise Line Holdings Ltd.

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