Project Insight - Port Construction Projects: Europe

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Date: 31-Mar-2018
No. of pages: 22
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Project Insight - Port Construction Projects: Europe

Summary

Timetric's Construction Intelligence Center (CIC) is currently tracking port construction projects in Europe with a total value of US$58.1 billion. Of this, US$27.5 billion is in the planning stage. Russia accounts for the highest value with US$22.6 billion, followed by the UK with projects valuing US$8.2 billion. Italy and Albania follow with port construction projects with a value of US$4.7 billion and US$4.5 billion respectively, with the latter due to the US$2.9 billion Port of Shëngjin project. The largest projects currently in the pipeline are the US$7.1 billion Taman Sea Port Terminal Development and the US$6.3 billion Zvezda DSME Shipyard Reconstruction, both in Russia.

Synopsis

EU ports have not surpassed the 3,965 million of tonnes of gross weight of goods handled in 2007. In 2015, 3,838 million of tonnes of gross weight of goods was registered for EU ports. The 24 European countries studied are forecast to achieve an average GDP growth of 2.54% in 2018, to fall back to 2.16% in 2022. According to Eurostat compared with the 1st quarter of 2016, the gross weight of goods handled in the main EU ports increased by 3.1% in the 1st quarter of 2017. The Netherlands, the UK, Italy and Spain were the largest maritime freight transport countries in Europe in Q1 2017, all handling more than 100 million tonnes of goods in their main ports. Europe's China's ‘One Belt One Road' strategy has seen increased ownership of port facilities in Europe, as Chinese companies now own one tenth of all European port capacity.

Key Highlights

- The total pipeline of projects is valued at US$58.1 billion with US$7.9 billion being spent in 2018 and US$11.6 billion in 2019.

- The highest value of projects are at the planning stage with a total value of US$27.5 billion, followed by projects in execution with US$16.7 billion.

- Projects in the pre-execution stage amount to US$12.0 billion, while those at the pre-planning stage total US$1.9 billion.

- Assuming all projects proceed as planned, spending will reach US$11.6 billion in 2019 and fall to US$4.5 billion in 2022. The highest value of project completions will be in 2020, with a value of US$12.0 billion.

- The top contractor in the region is FNK-Engineering based in Russia and Dredging International NV based in Belgium. The top engineers are Lenmorniiproekt based in Russia and Maritime Construction and Technology LLC Based in the US.

Scope

- The report provides analysis based on CIC projects showing total project values for Europe and analysis by stage and funding for the top ten countries.

- The top 50 projects are listed for the region giving country, stage, value of port construction. Ranked listings of the key operators for the sector are also provided, showing the leading contractors, consulting engineers and project owners.

- Country profiles are provided for the top 10 countries including Russia, the UK and Italy.

Reasons to buy

- Gain insight into the development of the port construction sector.

- Assess all major projects by value, start date, scope and stage of development for the region and top 10 countries to support business development activities.

- Plan campaigns by country based on specific project opportunities and align resources to the most attractive markets.

Project Insight - Port Construction Projects: Europe

Table of Contents
1. Regional Overview
2. Key Operators
3. Project Analytics by Country
3.1. Russia
3.2. The UK
3.3. Italy
3.4. Albania
3.5. Turkey
3.6. France
3.7. Netherlands
3.8. Poland
3.9. Portugal
3.10. Sweden
4. Methodology
5. Disclaimer

List of Tables
Table 1: Europe - Port Construction Project Pipeline, Value by Country and Stage (US$ million)
Table 2: Europe - Top 50 Port Construction Projects by Value
Table 3: Key Contractors - Value of Projects
Table 4: Key Consulting Engineers - Value of Projects
Table 5: Key Project Owners - Value of Projects

List of Tables
Figure 1: Europe - Port Construction Project Pipeline, (US$ million)
Figure 2: Europe - Port Construction Project Pipeline, All Countries Value by Stage (US$ million)
Figure 3: Europe - Port Construction Project Pipeline, All Countries Projected Annual Spending by Stage and Year of Project Term (US$ million)
Figure 4: Europe - Port Construction Projects Pipeline, Top 10 Countries by Stage (US$ million)
Figure 5: Europe - Port Construction Projects Pipeline, Top 10 Countries Projected Annual Spending by Stage and Year of Project Term (US$ million)
Figure 6: Europe - Port Construction Projects, by Funding Mode (% of Total Pipeline Value)
Figure 7: Europe - Port Construction Projects, Value by Completion Year (US$ million)
Figure 8: Russia - Port Construction Projects Pipeline, Value by Stage (US$ million)
Figure 9: Russia - Port Construction Projects Pipeline, Projected Annual Spending by Stage and Year of Project Term (US$ million)
Figure 10: Russia - Port Construction Projects, by Funding Mode (% of Total Pipeline Value)
Figure 11: Russia - Port Construction Projects, Value by Completion Year (US$ million)
Figure 12: The UK - Port Construction Projects Pipeline, Value by Stage (US$ million)
Figure 13: The UK - Port Construction Projects Pipeline, Projected Annual Spending by Stage and Year of Project Term (US$ million)
Figure 14: The UK - Port Construction Projects, by Funding Mode (% of Total Pipeline Value)
Figure 15: The UK - Port Construction Projects, Value by Completion Year (US$ million)
Figure 16: Italy - Port Construction Projects Pipeline, Value by Stage (US$ million)
Figure 17: Italy - Port Construction Projects Pipeline, Projected Annual Spending by Stage and Year of Project Term (US$ million)
Figure 18: Italy - Port Construction Projects, by Funding Mode (% of Total Pipeline Value)
Figure 19: Italy - Port Construction Projects, Value by Completion Year (US$ million)
Figure 20: Albania - Port Construction Projects Pipeline, Value by Stage (US$ million)
Figure 21: Albania - Port Construction Projects Pipeline, Projected Annual Spending by Stage and Year of Project Term (US$ million)
Figure 22: Albania - Port Construction Projects, by Funding Mode (% of Total Pipeline Value)
Figure 23: Albania - Port Construction Projects, Value by Completion Year (US$ million)
Figure 24: Turkey - Port Construction Projects Pipeline, Value by Stage (US$ million)
Figure 25: Turkey - Port Construction Projects Pipeline, Projected Annual Spending by Stage and Year of Project Term (US$ million)
Figure 26: Turkey - Port Construction Projects, by Funding Mode (% of Total Pipeline Value)
Figure 27: Turkey - Port Construction Projects, Value by Completion Year (US$ million)
Figure 28: France - Port Construction Projects Pipeline, Value by Stage (US$ million)
Figure 29: France - Port Construction Projects Pipeline, Projected Annual Spending by Stage and Year of Project Term (US$ million)
Figure 30: France - Port Construction Projects, by Funding Mode (% of Total Pipeline Value)
Figure 31: France - Port Construction Projects, Value by Completion Year (US$ million)
Figure 32: Netherlands - Port Construction Projects Pipeline, Value by Stage (US$ million)
Figure 33: Netherlands - Port Construction Projects Pipeline, Projected Annual Spending by Stage and Year of Project Term (US$ million)
Figure 34: Netherlands - Port Construction Projects, by Funding Mode (% of Total Pipeline Value)
Figure 35: Netherlands - Port Construction Projects, Value by Completion Year (US$ million)
Figure 36: Poland - Port Construction Projects Pipeline, Value by Stage (US$ million)
Figure 37: Poland - Port Construction Projects Pipeline, Projected Annual Spending by Stage and Year of Project Term (US$ million)
Figure 38: Poland - Port Construction Projects, by Funding Mode (% of Total Pipeline Value)
Figure 39: Poland - Port Construction Projects, Value by Completion Year (US$ million)
Figure 40: Portugal - Port Construction Projects Pipeline, Value by Stage (US$ million)
Figure 41: Portugal - Port Construction Projects Pipeline, Projected Annual Spending by Stage and Year of Project Term (US$ million)
Figure 42: Portugal - Port Construction Projects, by Funding Mode (% of Total Pipeline Value)
Figure 43: Portugal - Port Construction Projects, Value by Completion Year (US$ million)
Figure 44: Sweden - Port Construction Projects Pipeline, Value by Stage (US$ million)
Figure 45: Sweden - Port Construction Projects Pipeline, Projected Annual Spending by Type and Year of Project Term (US$ million)
Figure 46: Sweden - Port Construction Projects, by Funding Mode (% of Total Pipeline Value)
Figure 47: Sweden - Port Construction Projects, Value by Completion Year (US$ million)
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