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Essay

Business And Market Exposure Maersk Line

Essay specific features

 

Issue:

Business

 

Written by:

Robert R

 

Date added:

May 26, 2016

 

Level:

 

Grade:

A

 

No of pages / words:

3 / 840

 

Was viewed:

4130 times

 

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Essay content:

China has in recent years been an important driver of GDP and growth in world trade. Demand and supply Thus the demand for cargo being transported has increased – but so has the supply of vessels. The growth in world trade - and expectations of further growth - has in recent years fuelled a growth in capacity in the container shipping industry...
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Thus, between January 2000 and January 2006, the TEU capacity deployed on liner trades has risen from 5,150,000 TEU to 9,135,000 TEU, i.e. a 77.4% increase. Also Maersk Line has increased their capacity significantly. This has been done through newbuilding (of vessels), chartering and acquisitions...
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