Container Shipping Industry Was Challenged Over Last Decade
Over the last decade, amid included overcapacity concerns, historically low freight rates, and falling consumer demand, the container shipping industry has proven its resilience and demonstrated to investors that it can still perform well in adverse economic conditions. This makes it an ideal investment option for investors seeking a low risk, high return alternative to risky traditional investments.
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At 45,000 Years Shipping Is One Of World’s Oldest Industries
Shipping is one of the world’s oldest industries, with a long-standing history dating back tens of thousands of years. It is believed that as many as 45,000 years ago, the people – who lived in what is know modern day Australia – would have used boats to find and transport food resources. Approximately four to …
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Shipping Will Experience Favorable Growth In Coming Years
The global container shipping market is set to experience favorable growth in the coming years, driven by factors such as increasing maritime trade, growing containerization in developing regions, lower oil prices, and an upsurge in disposable income.
Read More South Africa Container Exports Experience 20 Percent Growth
According to reports from the World Trade Organisation (WTO), export orders and container shipping have been on the rise since the beginning of 2017. Albeit the international organisation has expressed uncertainty toward global economic and policy developments, the WTO is still forecasting an overall expansion in world trade.
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Brexit, Interest Rates And Trump – How Does It Affect Trade?
Brexit, Interest Rates and Trump – What’s Next? It has been a turbulent year on the world stage. We have seen a sea of change in global politics – the UK’s Brexit vote, Donald Trump’s victory in the U.S. Presidential election and the resignation of Italy’s Prime Minister Matteo Renzi after his defeat in a …
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A US $100 billion Project To Connect Trade Between China And EU
Chinese president Xi Jinping has pledged to invest Rmb840bn (US$124bn) in One Belt One Road (OBOR) projects to build ports, roads, rail and industrial facilities connecting China to Europe.
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The simple steel box that transformed global trade
Perhaps the defining feature of the global economy is precisely that it is global.
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Containerisation turns 60
A six-sided metal box changed the course of shipping and trade 60 years ago this month WHEN a small group of men met in Hong Kong last month, there would have been plenty to celebrate. For they head up an industry that really has changed the world. Yet it is unlikely that any would have …
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