THE INFLUENCE OF CHINA TO THE CONTAINER MARKET IN EUROPE
Author(s) -
Elen Twrdy,
Milan Batista
Publication year - 2019
Publication title -
international journal for traffic and transport engineering
Language(s) - English
Resource type - Journals
eISSN - 2217-5652
pISSN - 2217-544X
DOI - 10.7708/ijtte.2019.9(3).07
Subject(s) - container (type theory) , china , business , environmental science , international trade , engineering , political science , mechanical engineering , law
European economy, which has globally been one of the most important for centuries, greatly depends on maritime transshipment. According to the European Commission’s data, 74% of cargo, which comes to or leaves Europe, uses maritime transport. Therefore, we can clearly see the importance of ports for economic growth. Over the past decades, containerized transport has become one of the most important ways for transporting cargo, so ports needed to adapt with the new equipment and better capacities. In 2000, the container traffic in EU ports represented as much as 21% of all transshipped containers in the world, while, this percentage was only 18% in Chinese ports. Today, China has become a leading country in the container throughput, with a share of 28%, while the EU’s share has fallen to 15%.
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