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Related Documents Weathering the Economic Crisis
  EIA-transport and the crises.pdf
EIA
• Suitable "green" freight corridors; development of multimodal terminals as a precondition for developing intermodal traffic). Infrastructure development (Trans-European • Development (energy savings, reduction of greenhouse gases). And promotion of "green" technologies • Intensive use of IT (control of traffic flows; application of Galileo; electronic document for intermodal transport; "e-freight"). IT consignment notes throughout the transport and chain; standard RFID; freight • Socially responsible location of home and workplace to capitalise on time, space and resources. • Proper political control by setting the basic conditions (standards, taxes, prices) to enable political targets to be attained.
Challenges for Global Shipping after the boom2003-8.pdf
by Martin Stopford, MD Clarkson Research
But in shipping it is not enough to improve efficiency. The industry must manage its way through that financial obstacle course we know as the “shipping market cycle”. We are now entering a recession and it looks as though it will be an unpleasant one. The industry generally treats recessions with dismay, often laced with recrimination against those who are felt to have caused them. In practice business cycles in the world economy are the prime drivers of shipping cycles and the credit crisis has triggered the most severe downturn in 50 years. This is a challenge to the supply side of the shipping market and shipowners are in competition with each other to see who can survive and come out the other end with a stronger fleet. Recessions are threatening to weak businesses, but they bring opportunities which successful and lucky shipowners are able to exploit.
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