Encountered in the history of shipping the most severe cold China shipping industry struggling to br

The ongoing debt crisis in Europe, the United States economy is sluggish, seaborne trade volume decline in international oil prices rose this year, China shipping in the complex economic and trade trends in opening, suffered the most serious in the history of shipping currents, withstand the downturn severe test. In the downturn to seek change, breaking the board in the face of adversity, China's shipping industry is struggling to break through, seeking out of the haze crisis.

The ongoing debt crisis in Europe, the United States economy is sluggish, seaborne trade volume decline in international oil prices rose this year, China shipping in the complex economic and trade trends in opening, suffered the most serious in the history of shipping currents, withstand the downturn severe test. In the downturn to seek change, breaking the board in the face of adversity, China's shipping industry is struggling to break through, seeking out of the haze crisis.

Adjust the scale of transport capacity

Fleet downsizing and physical, from the excess capacity bottleneck breakthrough

This year, the continuation of the trend of global economic downturn, the contradiction between the capacity of the shipping market and the volume of traffic intensified again.

Actively respond to cold attacks, from the market cycle changes found and seize the key to control the capacity of Chinese shipping companies take the initiative to adjust the fleet structure, bold downsizing fleet size. Since the financial crisis, China Shipping Group will speed up the elimination of old ships speed, 101 ships, 2 million 190 thousand DWT were disposed of 4 years; the ship not to scrap and advance disposal to 48 ships, the total disposal capacity of 48%. Through the "thin", the Chinese shipping cost is reduced, the realization of traveling light.

Breakthrough in excess capacity, to promote the recovery of the shipping market, not only to dismantle the old ship downsizing, but also to seal capacity, swap space, optimize transport structure, physical". At the end of February, the global idle ship including COSCO, China Sea shipping company China active closed a total of 289 ships, a total capacity of 840 thousand TEU. In increasing the capacity of structural adjustment, China Sea group to build a green fleet, improve green competitiveness.

Market highlights

Adjust the layout of the business to expand the market of emerging economies

According to the Ministry of Commerce recently selected about 30 countries as this year and future years foreign trade diversification strategy key breakthrough in the direction of the market, from widely distributed in Asia, Africa, South America, and the Middle East are rich in resources, an important strategic position in the countries and regions, emerging markets for maritime trade, has become a turning point in Chinese the shipping industry breakthrough in breaking.

This year, tune things, North and south, heavy domestic trade has become the main theme of the sea container transportation. In February, CSCL through cooperation with Arabia united, CMA CGM shipping liner companies, increase investment in the Far East to the middle east airline capacity, 7 ships of 13 thousand to 14 thousand new TEU type ship on the line, not to rewrite the million boxes ship long market pattern.

Europe, the Middle East, adjust things such as Asian American accommodation routes allocation, it increases and decreases, flexible to expand; Australia and other route market space, highlighting the north-south route potential; focus on the development of domestic coastal freight, increase marketing efforts, through the management strategy adjustment, CSCL route layout to achieve a "serial upgrade".

In the following, China's economic growth to achieve a soft landing, the domestic coastal transportation situation, the ship route capacity adjustment of withdrawal into the trade routes, as appropriate.

Innovative business model

Through the integration of the supply chain to reduce the efficiency, pull the bottom of the price of a reasonable recovery

In 2011, the average price of fuel used by shipping companies rose by 39% in 2010 compared with a year earlier. In the first quarter of this year, the price of fuel oil used in the international market rose by an average of about $. Dropped in price, high operating costs under the double pressure, many shipping companies have been aware of, out of the predicament, keep going by painstaking effort efficiency declining, must jump out of the price down, supply competition management mode.

Reduce the efficiency and optimize the supply chain management. Late last year, COSCO took the lead in the depth of the dry bulk business segment. COSCO bulk carrier group annual average control of the ship after the integration of the newly formed about 400 vessels, a total capacity of more than 35 million deadweight tons, not only become the world's largest bulk cargo fleet, at the same time, effectively improve the efficiency of decision-making and bargaining power, the formation of rapid market response ability. In February this year, China Shipping Group to set up two wholly-owned subsidiary business platform, opened the curtain of the dry bulk business integration, through the dry bulk and oil transportation business and related assets into two major business operations, improve operation level.

Innovation driven, struggling to break through. March, with the growth of port throughput, the market price has initially curbed the momentum of a sharp decline, and gradually recovered from the bottom, China's shipping industry is out of the doldrums, contrarian break.