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5/18/2014 China Shipping | Market Research
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Market Research > Search Results > China Shipping
China ShippingEmerging Markets Direct Reports May 7, 201438 Pages - SKU: ISAL5240772
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Abstract Table of Contents Search inside this report Related Reports
Countries covered: China
China Shipping
This report profiles China’s shipping and port industry, covering data up to March 31, 2014. The report also discussesmarket trends and highlights key leading players in the sector including China Shipping Container Lines, China ShippingDevelopment, COSCO Shipping, Shanghai International Port (Group), Tianjin Port Holdings, Ningbo Port Group andDalian Port (PDA).
The world shipping industry was still overshadowed by shipping capacity oversupply and weak international trade in 2013.Freight rates continued to decline amid nominal increase in capacity due to new deliveries. Slow steaming and thedismantling of old vessels were less effective as mitigation measures. Countries around the world continued to invest inport development amid world trade uncertainties.
Growth in international trade was single digit for China in 2013. China saw a decline in exports value but an increase inimports value during the first quarter of 2014. China-ASEAN trades are expected to be one of the bright spots for containertrade. Chinese liner companies need to navigate the rough water in 2014 despite the increasing containerization ingeneral cargo trade due to prolonged oversupply globally.
Key Points:
The number of berths that are capable of receiving 10,000-dwt vessels and larger is on the rise.Dry bulk commodities remained the largest category of imports in 2013.New shipping capacity will continue to drive Chinese liner companies to operate their vessels efficiently while keepcosts under tight control in 2014.
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