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Sea transportation: a boom in container shipping./ Transport maritime : le développement rapide du transport maritime en conteneur.

Author(s) : HOCHHAUS K. H.

Type of article: Article

Summary

The charter rates for container ships increased considerably in 2003 and 2004 (up to 100% depending on the size of the ship) as the demand distinctly exceeded the supply. The demand is likely to increase by about 8.5% in 2004 and by approx. 9% in 2005. In contrast, the supply will increase to a lesser degree by 7.5% (2004) and 8% (2005), i.e. the charter rates are likely to go on rising. As a result of this development, ship owners ordered a large number of new container ships in 2004.

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Pages: 123-131 (3 p.)

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Details

  • Original title: Sea transportation: a boom in container shipping./ Transport maritime : le développement rapide du transport maritime en conteneur.
  • Record ID : 2005-0982
  • Languages: English
  • Subject: Figures, economy
  • Source: Fruit World int. - n. 4
  • Publication date: 2004

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