Chinese Economy in Relation to the World Shipping Industry

  • Bojan Beškovnik
Keywords: Chinese economy, world shipping industry, globalization of market, container transport

Abstract

This article presents the influence of the Chinese economyon the World shipping industry. Changes in international economyand shipping market have pushed shipping industry tochange the market strategy. The Chinese trade growth has cometo a point at which any change of the Chinese demand will havean immediate influence on the shipping market (container, drybulk and tanker). Because of the rising demand of the transportof manufactured goods, cooperation between carriers will befurther developed, in order to satisfy the customer's requirements.In addition, shipping companies must change to globallogistic providers.

References

Chu, W.: China Market, Department of Commerce of

North Carolina, Raleigh, 2003

Zhang, A., Yu, C., Chen, H., Oum, T.: Transport Demand,

Infrastructure Capacity and Transport Costs in

Northeast Asia, Centre for Transportation and Logistics

Studies, The University of British Columbia, 2002

Song, D.: Cooperative Strategies for Container Ports: The

case of Hong Kong and South China, Department of

Shipping and Transport Logistics, Hong Kong Polytechnic

University, Hong Kong, 2003

Meyerick, S.: The Shape of Asian Container Shipping:

Past, Present and Future, Meyerick and Associates, 2004

Holmes, F., E.: Understanding China's Impact on the

Market, U. S. Global Investors, Inc., San Antonio, 2003

Heideloff, C., Stockmann, D.: World Trade and Seaborne

Market Development, Institute of Shipping Economics

and Logistics, Bremen, 2004

How to Cite
1.
Beškovnik B. Chinese Economy in Relation to the World Shipping Industry. Promet - Traffic&Transportation. 1;17(3):137-41.
Section
Older issues