×

Harbor Deepening Market Report


Company Analysis, History and Future Overview, Global Sales Trends by 2025


Published Date: 2019-07-05   |   Pages: Ongoing   |   Tables: Ongoing   |  Report ID: 7300 |  Industry: Consumer Goods  |   Format : pdf word ppt excel



   Request Sample     Request Customization    Request Methodology
  • SELECT LICENSE TYPE :

  •   Single License
  •  Multi User License
  •  Corporate License


The global harbor deepening market is predicted to significantly gain from the growing number of high-value government contracts due to increase in trade activities, economic growth, rising need for supplies, and the undertaking of strategic military projects. Harbor deepening is an important activity that helps to meet the needs of large ships carrying heavy cargo as they transit various types of shipping routes and waterways. It is one of the key aspects of port improvement. In June 2019, the Port of Brownsville received approval for port deepening from the US Army Corps of Engineers. The project will help the port to stay competitive while being able to accommodate heavier and larger cargo ships.

Increasing Need for Maintenance and Expansion of Ports to Raise Strong Demand

  Governments focusing on developing new ports and increasing the maintenance and expansion of existing ones are anticipated to create massive demand for harbor deepening

    Increase in trade activities, especially seaborne trading, due to economic benefits is foretold to create more number of harbor deepening contracts in future

    Increasing amount of food and supplies, military, and other goods and cargo transported through ships could bode well for the global harbor deepening market

     Rise in the number of harbor redevelopment projects is expected to create profit-making opportunities for players

     Growth in oil trade and export activities could help increase the demand in the global harbor deepening market

Vendors Expected to Concentrate on Related Services to Expand Portfolio

The analysts have profiled leading players of the global harbor deepening market, including Royal Boskalis Westminster, TOA Corporation, Van Oord Dredging and Marine Contractors, Great Lakes Dredge and Dock Corporation, Jan De Nul, China Harbor Engineering Company, DEME, Penta-Ocean Construction Co. Ltd., and Hyundai E&C Ltd.

Companies are expected to branch out into other activities such as undertaking sub-projects, shipping channel widening projects, and subsea cable repair projects to increase their overall revenue. Furthermore, they are foreseen to improve their towage and salvage operations with the addition of new equipment, more advanced vessels, and industry-best talent. Merger and acquisition could be one of the strategies considered to expand or diversify product portfolio.

Boskalis is a popular harbor deepening player that has been awarded important contracts from prominent entities. In June 2019, the company was appointed as the salvor for the crude oil tanker Front Altair and chemical and oil products tanker Kokuka Courageous damaged in the Gulf of Oman. In March 2019, it was awarded with an Australian shipping channel widening contract by the owner of the Port Adelaide Outer Harbor. Earlier in 2019, it acquired Horizon, a marine services provider based in the UAE, to strengthen its market position in marine geotechnical services and geophysical surveys.

Pricing Analysis

The pricing analysis offered in the report helps companies to implement the right pricing strategies, negotiate better with suppliers, use competitor prices in strategy making, and stay in a competitive market position. The recommendations and suggestions provided in the pricing analysis section will empower companies to improve their sales potential and help them to appropriately adjust prices and at the right time to expand their profit margins. The pricing analysis answers critical questions such as those related to the timing, frequency, and rate of price changes and the subsequent customer responses.

By Application

   Capital Deepening

  Trade Maintenance

  Urban Development

   Coastal Protection

By End User

    Government Organizations

    Private Organizations

   Mining and Energy Companies

    Oil and Gas Companies

According to market observers, the application of trade maintenance is foreseen to show substantial growth in the global harbor deepening market. High penetration of shipping in the international trading space and growing significance of seaborne trade in economic development are expected to support the rise of the trade maintenance segment. Among end users, government organizations could secure a significant market share as they continue to focus on expanding trade activities in their countries.

By Region

world_regions

Among key regions, North America is prognosticated to showcase its dominance in the global harbor deepening market as it banks on considerable growth prospects in the US. Rising number of harbor deepening projects due to the growth in oil export is anticipated to push the demand in the US market. Among developing countries, Japan is forecast to exhibit decent growth in the global market because of its rise in seaborne vehicle shipping and foreign trade. The MEA is another region predicted to gain growth on the back of its tremendous rise in the oil and gas industry.

QYR Consulting uses its core strength to identify the trends that will shape the consumer goods industry in the coming decades. The launch of innumerable innovative products has dramatically changed lifestyles and outlook toward living. Relentless sales of a wide range of consumer goods have opened up growth avenues for several other industries such as electronics, clothing, and food and beverages amongst others. The reports listed below study how the changing economy, improving GDP, and rising purchasing power have created a fertile ground for growth of the consumer goods industry.

QYR Consulting deep dives into the changing patterns of the consumer goods industry that is spread over both developing and developed parts of the world. It estimates the market fluctuations and helps its readers to prepare for ever-changing consumer demands. The reports focus on giving the readers a thorough understanding of the competitive strategies of the companies to make meaningful business decisions.

Request for Table of Contents



  You must accept our privacy policies before submit your requirement




Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

Request for Tables



  You must accept our privacy policies before submit your requirement




Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

Request for Figures



  You must accept our privacy policies before submit your requirement




Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

Reasons to Buy this Report



Fastest report delivery

Fastest report delivery

We have the fastest report delivery service with excellent after-sales support

 

In-depth analysis

In-depth analysis

We provide a comprehensive and in-depth analysis in every report that we sell

 

Large database

Large database

We own large database which will help our clients to get customized and syndicated research reports

 

Accurate data

Accurate data

To offer you accurate data, our seasoned analysts will be available to assist you

 


 

Ask a Question

Get in touch with us to find answers to all your business-related queries for fast results.

 

NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts.QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.



Harbor Deepening Market Report