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Sea & Coastal Freight Water Transport in the UK - Industry Market Research Report

  • October 2016
  • -
  • Ibisworld
  • -
  • 28 pages

Summary

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Sinking revenue: Industry-wide overcapacity has led to freight rates and profit plummeting



Abstract

Sea & Coastal Freight Water Transport in the UK

Operators in this industry transport bulk and non-bulk freight on vessels designed for the open sea or coastal waters. The industry includes scheduled and unscheduled activities, towing barges and oil rigs, and renting vessels with crew for sea transport. The industry excludes freight storage (see IBISWorld report H52.100), harbour operation and cargo handling.

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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