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What's happening in Intra
Asia
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Indonesian exports stay robust, despite economic woes:
Maersk report |
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MAERSK Line Indonesia is maintaining an optimistic outlook on the Southeast Asian nation's economy despite its current trade deficit hitting US$3.31 billion in June, says the company's trade report.
"It's early days yet, but we believe the shipping industry will continue to remain robust," said president director of Maersk Line Indonesia Jakob Friis Sorensen.
"In spite of the trade deficit which is results from lower value commodities exports, volumes remain very healthy, particularly on Maersk Line's key trade corridors from Indonesia to the US, Europe and Africa," he said
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Intra-Asia to lead trade growth in 2013, but questions on
stability remain |
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INTRA-Asia trade volumes are expected to provide a major boost for world trade this year, however, given the ease with which carriers are able to cascade tonnage into this market it may make it a very unstable region this year, despite the fast growth.
While trade volumes are projected to remain subdued on the mainline routes of Asia-Europe and the transpacific, Intra-Asia volumes are expected to grow by 7.8 per cent this year for a total of 48 million TEU, according to the latest Clarkson-published Container Intelligence Monthly.…
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Intra-Asian trade boosts Port Klang throughput |
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STRONG Intra-Asia trade last year helped to bolster Malaysia's Port Klang (Kelang) throughput in 2012, despite a slowdown in transpacific and Asia-Europe trade.
It is hoped that such growth will continue this year, particularly given the gloomy prognosis on the major trade lanes again this year…
It must be noted, however, that the growth at Port Klang, which was just 4.1 per cent last year, is not necessarily an overwhelmingly positive result, but rather it is an impressive result for a well established port in a year that saw very limited growth on a global scale.
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No takers for liner trade in Malaysia
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Mainland China has two national lines, Coscon and CSCL, Hong Kong has OOCL and Taiwan has Evergreen, Yang Ming and Wan Hai. Korea has Hanjin and Hyundai, Japan has NYK Line, K Line and MOL, while Singapore has APL.
And until rather recently Malaysia has MISC. But after years of struggling in the container shipping industry, Malaysia, despite its thriving ports of Port Klang and Tanjung Pelepas, has no national container shipping line today.
And according to sources in the industry, it looks as though that will remain the situation for some time to come.
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September
Issue - Mediterranean &
Africa Trade
Africa remains a high growth area for port development,
says Drewry
>More
Drewry: Chinese terminal operators invest overseas to
diversify risk
>More
Drewry sees Asia-Mediterranean trade decline as a
worldwide trend
>More
West-east Med-North America box route May traffic up, but capacity
slips
>More
If Suez shuts down, we have capacity, speed to cope via
Cape: Drewry>More
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August
Issue - China Trade
Is there more to the 'Big 3' alliance than meets the eye?
>More
How Carrefour's China sourcing paid off
>More
MSC's move to all in rates an ominous sign for carriers?
>More
It pays to be big in container shipping these days>More
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July
Issue - Europe Trade
Information overload leaves industry confused about outlook
>More
Record-high delivery of boxships in 2013, but fleet growth may be
marginal
>More
East-West rates sharp slump reveals rising volatility in
container
shipping
>More
The covert consolidation of the container shipping industry >More
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June
Issue - U.S. Trade
US economic outlook - is the glass half full or half empty?
>More
The 'new normal' in a post-financial crisis world
>More
Keeping an eye on supply in 2013
>More
Where to now for China as low-value goods manufacturing
reaches
plateau >More
Global shipper highlights the need for carriers to focus on
service and not price >More
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May
Issue - Mediterranean & Africa Trade
Bleak outlook for Asia-Med in 2013, but big ships may
prove key to
optimism
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Trade profile: The Red Sea (An Overview)
>More
Weak Asia-Med volumes not enough to dampen
Barcelona's spirit
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Volatility to persist for Asia-Europe and Med rates in 2013 >More
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April
Issue - Intra Asia Trade
Up and coming Cambodia to play growing role in
Intra-Asia trade
>More
Thai authorities to invest hopes on Laem Chabang port
>More
Cabotage: a formidable barrier to world trade growth, says
World
Economic Forum
>More
Cheap Malaysian bunker fuel lures carriers away from
Singapore >More
Global container trade growth for 2013 revised down as
market mood
darkens >More
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March
Issue - China Trade
Shipyard capacity could be slashed by 40pc and still meet demand
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How Carrefour's China sourcing paid off
>More
Big ships do shippers no favours: fewer calls, slow transits, high
inventory costs
>More
Early forecast points to stronger 2013 after
disappointing 2012 >More
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February
Issue - Europe Trade
Will a merger between Germany's two premier
container carriers materialise? >More
High hopes for Wilhelmshaven terminal amidst
Europe gloom >More
Weak Asia-Med volumes not enough to dampen
Barcelona's spirit
>More
Go big or go home: Smaller carriers' days on
Asia-Europe trade are
numbered
>More
The challenges of creating stability in a naturally
unstable market
>More
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January
Issue - U.S. Trade
Shippers and carriers realise the benefits of shipping
through Houston
>More
US data offers confusion about economic outlook for
shipping's number
one customer
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Port of Portland set to take advantage of changing
global economic climate
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Ports must view market as a marathon, not a
100-metre sprint, says Long
Beach
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Is the sunset of panamax vessels close at hand?>More
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December
Issue - Intra Asia Trade
No luck for PSA in Indian Subcontinent as terminal operator looks to homeward expansion
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How much has changed in the liner landscape in 2012
>More
Trade profile: Southeast Asia (Overview)
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Myanmar calling: shipping lines set sights on new opportunity
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What will be the fate of Malaysia's Penang Port? >More
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