Website traffic statistics
Pages viewed and unique visitors to WCN Online
Month/
year
Page
views
Unique
visitors
Jun '17710,85423,452
May '17809,49122,808
Apr '17600,63723,897
Mar '17664,10026,870
Feb '17511,81924,889
Jan '17597,53831,368
Dec '16692,56026,566
Nov '16672,32528,904
Oct '16558,87820,127
Sep '16528,03820,578
Aug '16482,16818,484
Jul '16461,78816,728
Jun '16452,25720,350
May '16522,07718,502
Apr '16433,09116,773
Mar '16454,71616,488
Feb '16479,59014,371
Jan '16529,85415,815
Dec '15492,60218,837
Nov '15353,00820,085
Oct '15417,35713,005
Sep '15355,91215,297
Aug '15411,40314,704
Jul '15354,72013,342
Jun '15417,67319,164
May '15580,07721,606
Apr '15376,62021,696
Mar '15339,35123,090
Feb '15332,08421,684
Jan '15322,89225,157
Dec '14356,31821,346
Nov '14366,08923,187
Oct '14357,83324,423
Sep '14401,28320,054
Aug '14372,89715,248
Jul '14358,38815,902
Jun '14320,07316,212
May '14388,06821,008
Apr '14341,87020,693
Mar '14313,31919,996
Feb '14271,67916,435
Jan '14200,47419,854
Dec '1393,03315,996
Nov '1392,26117,397
Oct '1389,71817,456
Sep '1394,33018,762
Aug '13102,80416,609
Jul '1382,65216,167
Jun '1388,37417,497
May '13104,17220,211
Apr '1397,46219,191
Mar '13115,84721,047
Feb '13102,19020,176
Jan '13120,44421,077
Dec '12110,79719,692
Nov '12103,45821,428
Oct '1290,41919,012
Sep '1299,50420,003
Aug '12111,41120,782
Jul '12110,15420,259
Jun '12106,61220,830
May '12120,22120,940
Apr '1280,45617,069
Mar '12103,54521,411
Feb '1293,23421,162
Jan '1285,53419,807
Dec '1182,36615,345
Nov '1181,83620,021
Oct '1179,78019,855
Sep '1162,05814,726
Aug '1155,77813,859
Jul '1166,33614,504
Jun '1180,32018,321
May '1184,29219,675
Apr '11194,02719,022
Mar '11127,03417,375
Feb '1165,99614,928
Jan '1167,05315,578

WorldCargo News the world's leading resource for international cargo professionals
CLICK HERE for our FREE weekly eNewsletter
Search: 

Published: 18 May 2017      

Fourth industrial revolution means slower trade growth

Peter Sand, chief analyst of BIMCO, the shipowners association, tells Hamburg liner conference container shipping is vulnerable to changes in demand driven by 3D printing and onshore sourcing.

In a key note address at the Global Liner Shipping Conference, held in Hamburg earlier this week, Sand said; “We [the shipping industry] are operating in a ‘new new normal’, a fourth industrial revolution where 3D-printing, cloud computing, digitalisation and big data will impact economic and trade developments and consumer behaviour. Cargo declines in all sectors of the shipping business cannot be ruled out. Things are definitely changing but at the moment it is too early to nail down the reasons for this.”

Addressing prospects in the container shipping sector, the executive argued that 30% of cargo moved in containers was potentially vulnerable to 3D printing technology while near- and onshore sourcing of products by manufacturers would reduce deepsea demand (in terms of TEU-miles)  for container shipping services considerably.

He forecast that the GDP to trade growth multiplier in the liner shipping sector would be on a par (1:1) over the next three-four years, compared with an average of 2:1 in the 2000-08 period and over 3:1 in the 1980s and 1990s.

While he pointed to an improved performance in the liner shipping industry’s performance in Q1 2017 and to the positive contribution made from the rise in demolition activity, Sand was less convinced about benefits the new alliances would deliver.

He explained: “Immediate gains are seen in freight rates when supply tightens while benefits from network changes take much longer to come to fruition. You also need to bear in mind that 57% of all demand is from non-east-west trades and, therefore, outside of the main alliances. The cascading of large ships into these markets is causing real problems and 70% vessel utilisation is not good enough to turn the market around.”


To find out more about WorldCargo News:
  • Click here to order a back issue
  • Click here to subscribe to WorldCargo News
  • Click here for a sample back-issue of WorldCargo News
  • Read related items
    Click on the links below to read other news and features related to this item.
  • BIMCO
  • Conferences
  • Container shipping


  • All contents © WCN Publishing, 24 Bridge Street, Leatherhead, Surrey KT22 8BX, England.