SeaIntel: Strong European import good news for carriers

Even though the global rebound still seems vulnerable there are several goods in store for carriers, with strong import growth in Europe and, to a lesser extent, North America, surpassing the supply of ships.

Photo: Kilde: SeaIntel Maritime Analysis

BY OLE ANDERSEN

Published: 13.10.14 at 14:28

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.

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