MANCHESTER, England, September 9, 2010 /PRNewswire/ -- 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: http://www.takesthepressureoff.com
For more information about Trelleborg Marine Systems, please contact Richard Hepworth, managing director, Trelleborg Marine Systems, [email protected].
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.
http://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. http://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 http://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: [email protected] / [email protected]
SOURCE Trelleborg Marine Systems
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