Estonia is located on the Baltic Sea which allows the country good trade access to Baltic Sea neighbors as well as other Northern Europe markets. Estonia has the potential to become a gateway for market in Easter Europe, Central Asia as well as Russia. However, the Estonian shipping industry faces stiff competition from Russian and other Baltic Sea ports. Apart from competition as well, the Port of Tallinn is over dependent on handling oil transit from Russia.
The Estonian government is set to expand the container terminal at the Port of Tallinn and this is likely to boost investment in the Estonian shipping industry. The container shipping market in Estonia is developing at a steady pace and domestic demand is also picking up for containerized goods. Furthermore, international box shipping industry players are expressing an interest in Estonia as the Port of Tallinn becomes better connected to liner routes.
TaiyouReports.com presents an analysis of the Shipping Industry in Estonia. The report covers the following:
- A brief analysis of the global shipping industry including global container supply and demand scenario, container freight rates, an overview of the crude tanker market, product tanker market, chemical tanker market, automobile export tanker market, and the dry bulk market.
- An analysis of the shipping industry in Estonia through industry overview, analysis of the container shipping industry, a look at Estonia's score on UNCTAD's Liner Connectivity Index, diversification of cargo at the Port of Tallinn, rising investment in box container facilities in Estonia, Estonia's potential to be a gateway to Russia, Eastern Europe and Central Asia, and other industry facts are analyzed. Also included is an industry SWOT analysis.
- Impacts on the shipping industry in Estonia are analyzed through industry trends.
- A thorough industry outlook includes an overall industry forecast and a performance forecast of the Port of Tallinn.
- An analysis of the major industry players is included. We include both domestic and global market players. Analysis of the major players is analyzed through SWOT analysis, financial analysis, business segment analysis, company strategy, company outlook along with industry presence.
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