Tim Walters, Technical Director for Maritime Market Research at Ocean Shipping Consultants, a company of Royal HaskoningDHV, will discuss the current trends and shipping outlook for UK ports at the 9th annual UK Ports Conference, taking place next week.
Tim will be talking at the event which is sponsored by Royal HaskoningDHV about the current outlook across sectors of UK shipping along with the major demand drivers. He commented: “UK port volume growth has struggled in recent years. This, along with the changing nature of commodity trades and customer demand, has presented both opportunities and challenges to the sector.”
Tim will also share his views on the impact of shipping alliances and the changing nature of shipping patterns in the container sector, as well as on how UK ports compare to their international peers: “Consolidation in the container market – as well as larger vessels making fewer calls into port – is likely to increase cost pressures on terminals and is a situation we are seeing globally.
“Changes to the commodity mix are also evident as the UK moves away from coal as a means of energy generation, oil output from the North Sea reduces and container growth / GDP ratios evolve. Understanding the changing nature of trade is important in positioning to meet future demand. Adding in the uncertainties around UK and global economic growth as well as Brexit makes this topic one of particular relevance and interest at the 2017 conference,” concludes Tim.
From engineering services and financial modelling to full project reporting and the management of assets, Ocean Shipping Consultants and Royal HaskoningDHV are well placed to advise in this area.
Multi-disciplinary support to a range of UK port and terminal clients across market segments includes market and economic consultancy on UK container market prospects, freight traffic forecasts, post-Brexit port strategy updates, business model development and commercial due diligence for shipping diversification. Major projects undertaken in partnership with UK ports, terminal operators, shipping lines include work on Dover Harbour Board port capacity, Liverpool 2 marine works and asset inspection of Mersey Docks along with supervision of the design and reconstruction of Teesport No 1 Quay.
Tim Walters’ presentation takes place on 23rd May 2017 during the annual UK Ports Conference, which is taking place at the Cavendish Conference Centre in London on 23rd and 24th May 2017.