The Hindu
Container trade grows four times global pace
Reuters
BOX BOOST:Overall global containerized trade grew 2.8 per centin the first half. File photo
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Containerized foreign trade grew 11% in H1
A recovery in the U.S. economy and various measures taken by the Centre helped India register a 11 per cent jump in containerized foreign trade in the first-half of 2016. The rate of growth was four times the pace in worldwide containerized trade in the period, according to a report by Maersk Group, owner of the world’s biggest container shipping company.
In its first ever trade report on India titled ‘India, a silver lining in global trade’ the Maersk Group, which has a dozen companies operating in India,
Kari Reinikainen, Special Correspondent |
Sep 06, 2016 3:18PM EDT
JOC
BIMCO
increased its projection for the number of twenty-foot-equivalent units that ship scrapping would take out of circulation this year by 150,000.
BIMCO has significantly increased its forecast for demolition sales of container vessels as the market continues to suffer from substantial overcapacity.
In a report published Tuesday, chief shipping analyst Peter Sand said BIMCO now expects 400,000 twenty-foot-equivalent units to leave the market through demolition sales. In January, he forecast 250,000 TEU. The figure in 2015 was about 200,000 TEUs.
The global container ship fleet now stands in excess of 20 million TEUs while newbuildings added 85 ships with a total capacity of 598,000 TEUs by early August. In the same period,
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cmngkasmngi
COMPLAINT TO THE EUROPEAN COMMITTEE 0F SOCIAL RIGHTS AGAINST THE KINGDOM 0F NORWAY - REGARDING THE PENSION RIGHTS 0F SPANISH SEAFARERS WHO FORMERLY WORKED ON NORWEGIAN SHIPS
https://rm.coe.int/CoERMPublicCommonSearchServices/DisplayDCTMContent?documentId=09000016806421dc
