The European import continues to surprise in spite of a moderate GNP growth as demand exceeds the supply of ships. The same development can be seen in the North American region, albeit at a somewhat lower level, according to a study of import developments in the major regions in the period January - August in 2013 and 2014 performed by SeaIntel Maritime Analysis. In the new study, the analyst agency compares fleet capacity development data from these two periods.
The numbers indicate a strong growth in European imports, at 6.3 percent compared to August last year, or at a significantly higher level during 2014 than the year before. The study also shows that demand this year far surpasses the supply of ships - even though SeaIntel notes that the study does not encompass all routes into Europe.