PROBLEMS EFFECTIVE FUNCTIONING OF THE SHIPPING COMPANIES
Journal Title: Економічні інновації - Year 2017, Vol 1, Issue 63
Abstract
The operation of shipping companies in today's rapidly changing conditions is associated with a number of complications due to the dependence of operating activities on many external factors. Recent developments and trends in world trade, characterized by uncertainty, a decline in the rate of growth in trade to rates below the growth of the economy as a whole, which requires a revision of the globalization model of development. Such changes can bring both positive effects and uncertainty in trade and shipping, mainly due to global shifts in the structure of transportation, production and consumption, which may reduce the demand for maritime transport services and the volume of sea transport. Recent trends in the shipping industry have weak growth rates, continuing problems of excess tonnage, imbalance between supply and demand. The article questions of compliance pace and marine transportation trends of the global economy and the need for traffic examines external factors, which have a direct or indirect effect on the development of the freight market: partnership in the field of infrastructure quality, changes in trade policy and liberalization, population growth and urbanization, growing cross-border e-commerce trade, circular economy, reduction of global use of fossil fuels. It is determined which of the factors will increase the volume of transportation and conversely, and that are able to change the structure of the world fleet. It is proposed to move on to new methods of forecasting sea trade flows, different from extrapolation of GDP and growth of trade turnover, including fiscal and environmental policies, as well as transport costs and regulatory aspects.
Authors and Affiliations
I. V. Poznanska
Keywords
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