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Review of Maritime Transport 2007

image of Review of Maritime Transport 2007

The 2007 review identifies the main developments in world maritime transport and provides relevant statistical data. It focuses on developments concerning maritime activities in developing countries as compared with other groups of countries. It highlights the correlation between the development of global trade and maritime transport activities in general with particular attention given to regional developments in Asia.

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Review of regional developments: Asia

This chapter reviews and analyses global intraregional maritime trade in Asia since 2004. It also covers the demographic background of the region, containerized trade, Asian terminal operators and P&I Clubs, and includes a focus report on port developments in Viet Nam. The region’s merchandise exports grew at an impressive 18 per cent whilst imports increased by 11 per cent. Developing economies in Asia grew by around 7.6 per cent in 2006. Developing countries in the region continued to add to their already sizeable foreign exchange reserves, reaching an unprecedented sum of $2.5 trillion. Global terminal operators headquartered in Asia have a throughput of over 220 million TEUs and about half of the world's total throughput of containers. Of the world's fleet of vessels above 100 GT, 21 per cent are registered in Asia.

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