An unrivalled source of information about the shipping industry whose range and depth is unsurpassed Shipping Intelligence Network A powerful, web-based shipping information system … the most comprehensive of its kind www. clarksons. net Common sense & modern technology providing fast & efficient access to the information you want INDUSTRY NEWS According to the latest Container Trades Statistics data, European imports from Asia increased by 1. 6% y-o-y to 2. 21m TEU in January and February combined. Meanwhile, the volume of Asian imports from Europe contracted by 3. % y-o-y to 1. 06m TEU over the first two months of 2013. Peak-leg Asia-Europe box trade 1. 4 1. 2 1. 0 0. 8 Jan-11 M TEU 2. 25 2. 00 1. 75 1. 50 Monthly Throughput Hong Kong to allow the service to carry specific US cargoes. CMA-CGM and Evergreen are to launch a joint service connecting Malaysia to the Red Sea and the Horn of Africa utilising five ships of 2,5003,900 TEU. Links to the Far East will be available through transhipment at Port Klang and Tanjung Pelepas, while connections to India will be from Colombo. The first sailing is nd scheduled for the 2 May from Port Klang.
MSC and CSAV are to add port calls at Le Havre, Savannah and Port Everglades to their joint Europe-Ecuador service to cover the Europe-South US East Coast market. The service will continue to call at the Balboa hub in both directions to allow transhipment to other ports on the West Coast of South America. The rotation will be stretched to seven weeks, using 7 x 4,1324,872 TEU Panamaxes with high reefer capacity. SITC has placed an order for two 1,800 TEU containerships, with options for six more, from Taiwanese shipyard CSBC. This is the shipbuilder’s first order from a mainland Chinese company for more than 20 years.
The Research paper on Overview Of Information Technology Tools For Supply Chain Management
Information Technology (IT) and its use in organizations and across the supply chain has become a determinant of competitive advantage for many corporations. This paper focuses the usage of IT tools for Supply Chain Management (SCM). It also highlights the contribution of IT in helping to restructure the entire distribution set up to achieve higher service levels and lower inventory and lower ...
The firm vessels are priced at $23m each, and are scheduled for delivery in late 2014. Page 2 Licensed to The Hong Kong Polytechnic University. Distribution is restricted; please remember to acknowledge the source. http://www. clarksons. net 12/05/2013 09:20:16 15304 M TEU 1. 25 Jan-10 Jan-11 Jan-12 Jan-13 Jan-12 Jan-13 According to the Shanghai Containerised Freight Index, spot rates for boxes shipped from Shanghai to Europe fell to th $940/TEU on the 12 April, their lowest level since February last year and a 34% fall since mid-March, as the ains made by the last round of general rate increases proved short-lived. As a result of this market weakness, a number of carriers including Maersk Line and Hapag-Lloyd have postponed a second round of rate increases originally scheduled for mid-April. They will now be implemented during May. Elsewhere, freight rates for boxes shipped from Shanghai to the West Coast of America stood at $2,226/FEU, 3% below the full year 2012 average, and 11% below the January 2013 peak of $2,520/FEU. Clarkson Research Services
Striking dockworkers at the Kwai Tsing Container Terminals in the port of Hong Kong caused significant disruption to a large number of liner services. Vessels faced 2-3 day berthing delays, while over 100,000 TEU of cargo was reportedly stuck on the quayside. Major carriers cancelled calls and diverted ships to other Pearl River ports such as Chiwan and Shekou, with shippers forced to tranship inbound cargo back to Hong Kong on Feeder vessels. March’s container throughput of 1. 88m TEU at the port represented an 8. 6% y-o-y decrease, yet the strike disruption is likely to affect April’s box handling volumes even more severely.
Maersk Line is to increase the capacity of its India-Middle EastUS East Coast service with the replacement of 7 x 4,800 Panamax vessels with eight ships of 6,500 TEU – the service turning in eight rather than seven weeks. An additional call at Algeciras will be made in both directions, while there will also be a degree of further slow steaming. The newly deployed vessels are expected to be reflagged to the US flag in order MSC is to launch a Far East-East Coast South America service using 11 x 3,000-5,000 TEU ships. The vessels include a number of Panamaxes reportedly chartered in at very low rates.
The Dissertation on Privatization Of Social Welfare Services In Hong Kong Society
The Link-Reit (Real Estate Investment Trust) has long been a controversial issue ever since its launch. The issue in fact concerns the privatization of welfare services. The purpose of this paper is to review the worthiness of privatization in the midst of conflicts of interests among different groups of people in Hong Kong. For a start, the definition of privatization of welfare services will be ...
The eleven week rotation will include a call in Port Elizabeth on the return leg with the first sailing is scheduled from Shanghai on the th 18 April. UASC is to enter the Far East-West Coast North America trade for the first time after agreeing to cooperate with CSCL on three separate Transpacific services. The Kuwaitheadquartered carrier will provide two Panamaxes for a service that calls in Seattle and Vancouver, and three for a Nansha-Los Angeles service. Idle Containership Fleet 12% 9% 6% 3% 0% Jan-10 Jan-11 Jan-12 Jan-13 % of total fleet capacity, TEU Source: CRSL, AXS
Licensed to The Hong Kong Polytechnic University. Distribution is restricted; please remember to acknowledge the source. http://www. clarksons. net 12/05/2013 09:20:16 15304 According to data reported by Alphaliner, the total containership capacity in lay-up reached 0. 83m TEU on th 25 March, with 269 vessels sitting idle. This is equivalent to 5. 1% of the fleet in terms of capacity. Over Q1 2013 the proportion of total capacity in lay-up fluctuated between 4. 6% and 5. 3%, while across full year 2012 an average of 4. 1% of capacity was idle. Apr-13 container trade & CAPACITY
Container Demand 700 Licensed to The Hong Kong Polytechnic University. Distribution is restricted; please remember to acknowledge the source. http://www. clarksons. net 12/05/2013 09:20:16 15304 Containership Supply 3500 3000 Others Orders Placed 2500 2000 Asia 1500 Capacity Delivered 1000 Europe N. America 500 Scrapping 0 2014 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 m. TEU lifts ‘000 TEU 600 500 400 300 200 100 0 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 Licensed to The Hong Kong Polytechnic University.
The Dissertation on Role of Trade in Economic Growth
‘International Trade and Economic Growth in Developing Countries’ Neil Foster • Introduction by facilitating the transmission of technology across borders. • It has long been thought that international trade can increase a country’s growth rate. Until recently however the argument for free trade was based upon static considerations of specialisation and the international division of labour. While ...
Distribution is restricted; please remember to acknowledge the source. http://www. clarksons. net 12/05/2013 09:20:16 15304 2008 2010 Container Volumes m. teu lifts N America N Europe Mediterranean China (incl. HK) Asia excl. China Other TOTAL, m. teu lifts 2012 Est. million teu lifts/teu 2010 2011 2012 2013 44 58 30 149 136 91 507 20. 3 19. 6 5. 9 16. 9 23. 5 54. 3 141 13. 1% 45 62 31 162 146 97 543 20. 8 20. 5 6. 2 18. 8 25. 8 58. 5 151 7. 2% 46 62 32 170 152 101 564 20. 8 19. 9 6. 2 19. 6 26. 7 62. 3 156 3. 3% 48 64 33 183 160 106 593 21. 7 20. 5 6. 3 20. 9 28. 3 67. 0 165 5. % Trend 2010-2014 2014 51 67 35 202 172 111 638 22. 7 21. 5 6. 5 22. 4 30. 1 72. 5 176 6. 6% Fundamentals Global container trade is currently projected to grow by 5. 8% in full year 2013, an improvement from the 3. 3% volume growth recorded last year. Total mainlane trade, having shrunk by an estimated 1. 2% last year, is expected to see a return to modest growth. However, there remain a number of downside risks, chief among them a further weakening of the European economy. Globally, the key drivers of container trade expansion this year will remain the non-mainlane routes.
Briskly expanding consumer demand in emerging economies should promote strong development of North-South trades, which are projected to grow by 6. 0% this year. Meanwhile, intra-regional trade is expected to grow by 7. 6% in full year 2013, with intra-Asian trade growth remaining the powerhouse. Global container capable supply growth is expected to be broadly in balance with global demand growth in 2013. Carriers will continue to dampen actual running capacity growth on the mainlanes in an effort to support freight rates. Managing the capacity cascade will remain rucial in determining trade lane supply, while further slow steaming may continue to absorb some of the capacity growth. However, the volume of idle tonnage is likely to continue to supress earnings in the charter market. Meanwhile, demolition remains at elevated levels. In conjunction with the paucity of ordering, this rapid rate of scrapping has resulted in a shrinking fleet in the smaller size sectors. Overall, while supply growth may accelerate slightly this year, the orderbook schedule for 2014+ delivery still looks relatively thin. % p. a.
The Term Paper on Economic Growth Trade Production Income
Topic 1 - The Global Economy Globalisation Globalisation is the process by which the natural and government-created barriers between national economies are broken down. It can also be thought as the geographical dispersion of industrial and services activities and the cross-border networking of companies. Globalisation trends include: 1. The increase in the trends of goods and services between ...
