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Essay Details:
Essay text:
China has in recent years been an important driver of GDP and growth in world trade.
Demand and supply
Thus the demand for cargo being transported has increased – but so has the supply of vessels.
The growth in world trade - and expectations of further growth - has in recent years fuelled a
growth in capacity in the container shipping industry. Thus, between January 2000 and January 2006, the TEU capacity deployed on liner trades has risen from 5,150,000 TEU to 9,135,000 TEU, i.e. a 77.4% increase.
Also Maersk Line has increased their capacity significantly. This has been done through
newbuilding (of vessels), chartering and acquisitions...
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Common topics in this essay:
- Business And Market Exposure Maersk Line
- Changes in Supply, Deman and Price
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