Waterborne trade growth

Increasing waterborne trade driven by economic growth of developing countries and and global growth in demand for food, water and technological products.

The low transport cost of shipping compared to other means of transport is the reason that about 90% of global goods transport is done by ships. Improvement in port infrastructure and logistic chains and the new generation of energy efficient vessels will benefit seaborne trade and keep the leadership in international freight transport.

All waterborne sectors
Worldwide the throughput in sea ports could quadruple by 2030. The drivers for infrastructure investments are port congestion, insufficient intermodal connection and increasing vessel size. Autonomous and novel multi-use offshore platforms will host new industrial activities at sea, developed in coherence with shore based facilities, but also properly integrated into the maritime trade sea routes.

With an increased trend to use alternative fuels e.g. LNG, methanol, ethanol, DME, biodiesel and biogas, the trade of these fuels around the world will increase. Especially the trade of LNG from the U.S. shale gas production facilities to Asia Pacific region will significantly increase due to the high gas price in Asia Pacific and the enlargement of the Panama Canal allowing very large gas carriers to cross.