Important bulk cargo commodities Coal and iron ore are some of the most important bulk cargo commodities in ship transport in terms of volume. As a result, weak demand from China has a significant impact on the entire market segment. In total, the global movement of bulk goods grew byRead More →
Bulkers: China’s weak demand Bulkers: China’s weak demand is making itself felt One reason for this is weak global demand for commodities, many of which are transported by ship, especially bulk cargo such as coal, ore and grain. Global demand for steam coal fell by 6% in 2015 – itsRead More →
bitcoin supporters tend to oversimplify Computer experts are obviously far ahead of economists in the area of IT. However, bitcoin supporters tend to oversimplify things, too. For example, some of them believe that bitcoin will become a regular means of payment in the long run and simply close their eyesRead More →
International ship transport mired in crisis International ship transport mired in crisis Returning to the global flow of goods and international ship transport, the growth rate of the entire movement of goods in terms of volume in international seaborne trade fell each year between 2012 and 2015 (see chart 15),Read More →
Global flow of goods seeing slow growth Global flow of goods seeing slow growth Lower global trade growth naturally goes hand in hand with a weaker global flow of transportation, regardless of the mode of transport. Ship transport clearly dominates the intercontinental transport of goods, accounting for some 90% ofRead More →
German import growth German import growth will probably post solid development thanks to a good labour market, a regional real estate boom and high net migration – and appears likely to expand faster than exports in 2016 and 2017 – but will fall behind the long-term average since the earlyRead More →
“Cryptocurrency economists” need a broad range of skills Back in 1924, John Maynard Keynes postulated that a “master-economist must possess a rare combination of gifts. He must be mathematician, historian, statesman, philosopher – to some degree.” Numerous economists feel that this description is still valid today. And potentially disruptive technologies,Read More →
German exports outlook extremely challenging The outlook for German exports remains extremely challenging on account of weak global trade due to structural factors, uncertainty regarding the medium- term relationship between the EU and the United Kingdom, political developments (such as reforms in China, the US elections, the rising popularity ofRead More →
Heart of Europe Germany benefits from a favourable position in the heart of Europe Although Germany is benefiting from its geographical location and from the shift in the flow of trade towards eastern Europe, the rise of competitors from major emerging countries on the value chain (especially China) and theRead More →
Disproportionate growth Within Europe Within Europe, the flow of trade between eastern and western Europe is seeing disproportionate growth Within Europe, Germany plays a decisive role in the flow of trade thanks to its economic importance and German companies’ intense focus on exports, as well as its location in theRead More →
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