China Merchants Group is a huge industrial conglomerate that does just about everything and is run under the auspices of the Ministry of Transport. It has a bank, toll roads, investment funds, insurance companies, commercial ports (domestic and international) or shipyards. It currently does not assemble cars, but manufactures the ships that carry them and operates shipping companies that distribute them worldwide. everything remains at home. And just one example from China Merchants Group: The Asian country is in a position to increase its hegemony in logistics and industrial issues with the boom in Ro-Ro ship orders., the slump continues and continues on European soil, with terminals filled with pickup trucks and brand new cars. Both of these are contracts for their own shipyards, by shipping companies and even by vehicle manufacturing companies that become assemblers to dump their products into the European Union or the United States. The entire chain is at your disposal.
Only in the first quarter of the year, Ro-Ro ship portfolio increased by 30%, according to data provided by the consulting firm Gersemi Asset Management. There are about 160 new units, representing a quarter of the ships in service today, which gives an idea of the size of the contracts. Both of these are PCC (pure car transporter, for the transport of automobiles only) and PCTC (pure car and truck transporter), includes the transport of trucks and any other rolled cargo. Although the volume of such orders is still far from the values reached before the 2008 global financial crisis, it has not been high since 2010. In the short term, it will not serve to alleviate logistics congestion in European ports.and this also affected the Stellantis Vigo plant and the Bouzas freight terminal. For many reasons.
First of all, as Gersemi noted, because these are ships whose main task will be the export of cars. production place China, which is predominantly electric and whose orders are not encouraged by shipping companies specializing in the European market. In addition, only twelve units are scheduled to be delivered this year, with hybrid propulsion systems that will include liquefied natural gas (LNG) and even ammonia for fuel cells. Around 50 new Ro-Ro will be deployed next year. These are two factors that almost exclusively benefit the Chinese economy.. The marine subsidiary of the aforementioned China Merchants Group has been awarded a tender for the construction of fifteen car ships; They will be assembled by the China Merchants Heavy Industries Jiangsu shipyard and will be for the Italian shipping company Grimaldi operating in the port of Vigo. Another example: China Merchants (in this case its Jinling shipping subsidiary) will build four Ro-Ros for the also Chinese SAIC Anji, which in turn has allocated three more similar vessels to a shipyard in China. Holding company China State Shipbuilding Corporation (CSSC), also controlled by the Beijing Government. What if Stellantis had its own shipping company? That’s what Chery, a state-owned automaker that has formed a new alliance with Wuhu Shipyard to have its own Ro-Ro fleet and gain market share in other countries.
So, almost unintentionally, China’s shipbuilding industry has gained another new market niche, need not be globally hegemonic. But now, of course, this allows it to reinforce the situation: its shipyards, almost entirely controlled by Xi Jinping’s Director, accounted for 47% of the world sector’s market share.
A third issue that excludes a quick resolution to the logistical complexities in Europe is the structural problem of labour: Not only are boats missing, but truckers are needed to transport vehicles. According to the International Road Transport Organization (IRU, World Road Transport Organisation), Spain alone has 20,000 professionals missing from the industry, and 70% of those active are over 50 years old. “With the current conditions, the demand for drivers may increase by 20 percent in the coming years, while the supply may decrease by 12 percent,” the IE University professor summarized. Jorge Penaat the 22nd Aecoc National Transport Forum held in Madrid two weeks ago.
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