Ports Primed for Investment Surge
By Trelleborg Marine Systems, PRNEWednesday, September 8, 2010
MANCHESTER, England, September 9, 2010 - An independent market report, conducted for Trelleborg Marine
Systems, depicts a buoyant ports, harbours and terminal sector with more than
a third of decision makers predicting a rise in spending.
The research, revealed in Trelleborg's free industry
Benchmarking Report, shows that 55% of operators, contractors and consultants
believe that capital expenditure will rise or at least stay the same over the
next 12 months. 60% are also confident that operational expenditure will
remain at current levels or increase during the same period.
Richard Hepworth, Managing Director of Trelleborg Marine
Systems, says: "The apparent optimism is good for the market and good for the
economies of the world, which need investment in the global ports to drive
trading growth."
Further findings from Trelleborg's survey show that almost
half (47%) of stakeholders forecast significant investment to be made in the
next two years, while a third (31%) more expect the spending to come through
within five years.
However, sounding a note of caution, Richard Hepworth adds:
"The short term outlook is much improved, but these decision makers don't
necessarily expect investment to return to the levels we enjoyed a few years
ago. Almost two thirds think it could be less or, at best, static.
"The risk is that not enough investment will come through to
offset the reduction in maintenance we've witnessed during the global
recession. Ports, harbours and terminals need to embrace the ethos of making
adequate investment now to ward off the future costs of downtime."
Trelleborg's Barometer Report, which details a wide range of
findings from the industry survey, is available now as a free download from:
www.takesthepressureoff.com
For more information about Trelleborg Marine Systems, please contact
Richard Hepworth, managing director, Trelleborg Marine Systems,
Richard.hepworth@trelleborg.com.
Notes to Editors: Trelleborg Marine Systems and Trelleborg Group
Trelleborg Marine Systems specialises in products and
solutions for the safe berthing and mooring of ships within ports and
harbours, on terminals and in waterways around the world. The company
encompasses brands including Fentek, Seaward, Trellex and Harbour Marine.
www.trelleborg.com/marine
Trelleborg is a global industrial group whose leading
positions are based on advanced polymer technology and in-depth applications
know-how. Trelleborg develops high-performance solutions that seal, damp and
protect in demanding industrial environments. The Trelleborg Group had annual
sales during 2009 of approximately SEK 27 billion, with about 20,000
employees in over 40 countries. The Group comprises four business areas:
Trelleborg Engineered Systems, Trelleborg Automotive, Trelleborg Sealing
Solutions and Trelleborg Wheel Systems. The Trelleborg share has been listed
on the Stockholm Stock Exchange since 1964 and is listed on the OMX Nordic
List, Large Cap. www.trelleborg.com.
For press releases from the whole of the Trelleborg Group, visit the
Trelleborg media center. The products and solutions section allows you to
select news by industry. Go to www.trelleborg.com/news where you can
also subscribe to the Trelleborg newsletter.
For further press information please contact Louise Wheble or Paul
Myerscough at IAS b2b Marketing. Clarence Mill, Clarence Road, Bollington,
SK10 5JZ, United Kingdom. Tel: +44(0)1625-578-578; Fax: +44(0)1625-578-579.
Email: louise.wheble@iasb2b.com / paul.myerscough@iasb2b.com
For further press information please contact Louise Wheble or Paul Myerscough at IAS b2b Marketing. Clarence Mill, Clarence Road, Bollington, SK10 5JZ, United Kingdom. Tel: +44(0)1625-578-578; Fax: +44(0)1625 578 579. Email: louise.wheble at iasb2b.com / paul.myerscough at iasb2b.com
Tags: England, Manchester, September 9, Trelleborg Marine Systems, United Kingdom