Wednesday, 29 May 2013

China Shipping Report Q3 2013

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China Shipping Report Q3 2013
May 29th 2013, 00:00

BMI maintains its cautious outlook for the Chinese port and shipping sector, highlighting that indicatorscontinue to align to back our view of a slowdown in China''s economic growth. The domestic economicslowdown is projected to specifically impact dry bulk imports, thereby leading to a slowdown in totaltonnage growth at the nation''s port. Container volumes, which last quarter looked likely to strengthen havebeen revised down, as the US'' economic recovery plateaus and the eurozone looks set for another year ofrecession in 2013, the key demand markets for Chinese container export shipments.Headline Industry Data? 2013 Port of Shanghai tonnage throughput forecast...

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