plans relocation of factories Chinese Towards other parts of Southeast Asia or industrial areas Europe And America After Covid-19 has posed problems in the supply of components to factories of capital goods such as automobiles, agri-food or capital goods such as mobile phones and household appliances, it has forced major shipping companies and global logistics chains into a “next battle for connectivity in ports to take advantage of the opportunities it can bring for different shipping areas”. , among them Valencia Port.
this is how it recognizes Professor Jean-Paul Rodrigue at Hofstra University (New York) in his analysis ‘maritime economy in 2022’It is presented together with the annual activity report. Valencia Containerized Freight Index (VCFI). In his speech, Jean-Paul Rodrigue discussed the macroeconomic context and China’s global supply chains “They are in for a paradigm shift. chinese real estate industry “It pointed to a deflationary cycle that is a powerful factor in growth and accumulation of world wealth, with several major real estate developers going bankrupt as an alarming signal,” he said.
Therefore, according to this researcher, “those in charge of the supply chain, especially purchasing, are gradually re-evaluating their strategy in China and looking for relocation options and alternatives. Also, China has entered a demographic crisis with falling birth rates, so the aging of the population has led to domestic demand. and warns of significant consequences for workforce availability.” Jean Paul Rodrigue.
Supply chain managers are gradually re-evaluating their strategy in China, especially purchasing
This researcher also commented on some of the most common risks that will change the growth plans of major shipping companies that monopolize international freight transport: “the decarbonisation process of ports and shipping through investments in new technologies and fuels, an assessment of future global and regional demand for the shipping industry, and an assessment of future global and regional demand for the industry.” application of information technologies”.
ship investments
According to this expert, decarbonization process, In the case of shipping, it will require heavy investments in ship assets with new propulsion technology and related fuels (such as LNG, ammonia and hydrogen, among others). Regarding digitization, pioneering initiatives such as shipping company Maersk’s launch to use a blockchain platform that provides transaction efficiency, including data accuracy, have been paralyzed by collaboration issues between different links in the logistics chain.
According to VCFI, reference indicator Mediterrenianexport freight Puerto de València once again recorded a 12.52% drop in March. It remained at 2,423.01 points, a decrease compared to the previous month, which has been accumulated for seven consecutive months.
The indicator, which measures the trend and development of container shipping costs by sea from the Port of Valencia, has achieved a growth of 142.30% since January 2018, when the historical series began. The overall trend is in all areas analyzed by the VCFI, particularly Central America And Caribbean (-24.70%) and Baltic countries (-22.06%). On the other hand, the development of freight rates in some regions, East Mediterranean And Westernup 9.76% and 5.89% respectively.
port congestion
On the other hand, after two years of widespread port congestion, waiting times showed “clear signs of improvement in the second half of 2022”. Chinese, United States of America And EuropeAlthough pre-pandemic figures have not been reached, Valenciaport continues its report.
Container traffic down 12% at Valenciaport through April
International trade has not yet found the stability demanded by the market. The world economy continues to be marked by, among other factors, the complexity of the war in Ukraine and rising inflation and strong imbalances in trade flows between various parts of the world. This is also observed in the Valenciaport Statistical Bulletin’s April traffic data for the first four months of 2023. The analysis reflects an 11.94% drop in managed container volume between January and April; Reached 1,516,635 TEU (standard 20-foot container). Rail transport continues to grow Valencia port. In the first quarter of this year, 8,744 TEUs (twenty-foot-long container units) entered and left the Valencia docks by rail. 141,000 tons were mobilized, 15% more. Valenciaport managed 401,253 units in April, 17% less than in the same month of 2022. car traffic and its sections In the January-April period, it increased by 22.32% to 703,461 tons (+128,358). In the first quarter of this year, approximately 13,000 more vehicles were transported compared to the same period last year. After vehicles and transportation, the sectors that increased the activity the most were subscriptions (+10.6%) and energy (+3.45%). Chinese is the main trading partner of the closely followed Valenciaport. United States of America; Despite being the most growing countries in traffic with Valencia Mexican (+22.3%), Sweetcorn (+22%), India (+18.1%) and Senegal (+17.6%).
Source: Informacion
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