China will remain the driving force behind growth in shipping markets in 2018, according to BIMCO.
An article in Seatrade Maritime reports that BIMCO expects to see continued improvement in dry bulk and containers markets with potential for an uplift in the tanker sector.
BIMCO analyst Peter Sand is reported as attributing the growth to China – particularly its ‘enormous manufacturing sector’ which is driving exports of containerized goods.
The story also features some interesting statistics about 2017 and previews 2018 with the hope of the sector ‘returning to profitability for the first time since 2011’ although much is in the hands of ship owners.
TMG’s expert professionals have many years of experience in maritime business, including shipping. With genuine worldwide reach – including Asia – TMG can advise and support whatever the enterprise.
Read the full article about BIMCO’s 2018 preview on Seatrade Maritime here.
Contact TMG on info@the-maritime-group.com and on +44 (800) 955 1792 or its 24-hour line +1 (260) 225 5864.
(Picture – Pixabay)
A HAPPY, HEALTHY & PROSPEROUS 2018 TO ALL OF OUR FRIENDS, COLLEAGUES, CLIENTS, CUSTOMERS, SERVICE PROVIDERS & ASSOCIATES.
All at TMG look forward to working with you during the coming year.
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The Maritime Group (International) Limited choose:
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HAPPY NEW YEAR!
TMG and State 21 have welcomed the release of an influential new document this week, which is essential reading for anyone working in ports and associated sectors.
‘A Guide to Good Practice on Port Marine Operations – Prepared in conjunction with the Port Marine Safety Code 2016 – Moving Britain Ahead’ has been issued by the Department for Transport and the Maritime & Coastguard Agency.
The 193-page publication gives comprehensive advice about such areas as Marine Safety Management Systems, risk assessment, marine services, emergency preparedness and response, pilotage and navigation.
Coastal security also comes under the spotlight – an issue which TMG and State 21 have been consistently sharing their knowledge about at Governmental level.
We have the expertise and experience to offer solutions in support of this important new document to either ports direct or other companies supporting port operations.
You can read the publication here.
Please contact us for further information about this new document or for a no-obligation discussion about how our friendly and experienced team can help you.