The subprime crisis triggered storms at sea route "encounter" gold cargo
The first quarter of this year, in the past prosperity of the container transport industry a golden route - the North American line, but faced with an embarrassing lack of volume.
The main culprit is undoubtedly the United States subprime crisis. However, followed, as well as RMB appreciation and the two major negative factor for the rising oil prices. "2008 will be China's shipping industry, the most difficult year." Recognition of an industry veteran.
Bao Tuan heating, or Qi Jia escape
"In past years this time, the North American routes often explosive cabin and cargo between the main dredge in order to board. Now bleak were no out of stock." Cargo manager, a Secretary, Wang Jun frustration. Prior to his Sinotrans (Group) Co., Ltd., Zhejiang International Maritime department office. 
Wang Jun said that China Sinotrans Ningbo Port is no longer received in the United States out of stock. Reason is that fewer goods, not so much to maintain capacity. "This is the only class a week, the same route out of U.S. shipping companies are Wan Hai Shipping Company."
Out of the market, the relevant shipping companies will choose to reduce capacity. "In the sea from the April start is only one class per week to Los Angeles. In October last year, count up to four classes of overtime ship. Cosco potential customers, are relatively stable, maintaining the original one classes remain unchanged, but the volume is also shrunk a lot. Even the Maersk company famished class. "A high-level of the sea to the author confirmed in the sea from Ningbo port to the United States in Los Angeles, a liner is indeed reduced to a weekly class in Shanghai to Los Angeles from 5 classes into four classes. "This is the second half of last year began to decline."
In addition to direct "flee," and reduce capacity in the cooling market, "heating" is also a wise choice. The beginning of 2008, ranking the world's 10 largest container shipping company in the first and most influential of the A. P. Moller - Maersk Group came shocking news: In the past disdain in cooperation Maersk, shipping companies and the Mediterranean Shipping Company and CMA to share part of the North American shipping routes of the class.
Maersk Global CEO Anshi years I said: "We should say that the U.S. subprime crisis have an impact on the global, including transportation and logistics industry. We have also estimated the Americas, Pacific or Atlantic, the transport route to the United States, the volume will be The decrease, especially in some of China's exports of manufactured goods to the United States will have an impact. "A senior industry sources, China's exports to the United States box-volume shrinkage in the first quarter of this year, less than last year by nearly 1 / 4.
Diversion in Europe, or the lineup of domestic
The industry veteran that subordinated debt crisis on the impact of the shipping industry, and transmission is not yet clear. Subordinated debt crisis would lead directly to the U.S. lower purchasing power, but China's overall exports to the U.S. decline was caused by a variety of factors.
"2008 is the most difficult year for the shipping industry. Labor costs, RMB appreciation, export tax rebate uncertain factors such as lower purchasing power, together with the United States now work in the United States have shown on the volume of routes out. Currently This route almost all the loss. "the industry veteran says.
Shanghai Haihua Shipping Co., Ltd. Deputy General Manager Zheng Bin said that the volume reduction is true, but subordinated debt crisis on the shipping market, more of a confidence impact. "To On the impact on trade, the role may still be a greater appreciation of the renminbi."
"RMB appreciation are also being, if the exchange rate against the dollar this year, to 6.5, many plants will face closure. Trade will be further shrinking dramatically. It now appears that the volume of trade is not very drastic decline, but slowly slow down." Wang Jun.
It is reported that 10% appreciation of the renminbi, it means that the cost of shipping has to go up 10%. In order to avoid risks, many shipping companies to shift capacity to Europe route, where not only did not subordinated debt crisis, but the euro is relatively stable. In addition to Europe, some companies are also in accordance with their circumstances, will be transferred to the capacity of Australia, Canada, Russia, and India, South Africa, Middle East and other emerging countries and regions. 
Ming Chan, general manager of COSCO Logistics Freight Branch told reporters: "In addition to the European lines have increased the intensity, but also the transfer of shipping companies to take capacity to strengthen domestic routes.'s Domestic container started relatively late, and now some of the goods shipped in containers than in bulk carriers more economical cost. "In the past, domestic flights are a few hundred TEU container ships, and now even a 4,000-TEU vessels into a domestic case.