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Trends in Container Shipping

Proceedings of the ISL Maritime Conference 2008- 9 th and 10 th of December, World Trade Center Bremen

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Edited By Burkhard Lemper and Manfred Zachcial

In the tradition of the Liner Shipping Conferences in the eighties, the Institute of Shipping Economics and Logistics organised again a Maritime Conference in Bremen. The aim of the conference in December 2008 was to analyse and to forecast the trends and perspectives of the international container shipping market. The international shipping industry and the global container shipping market have recently seen some of the most successful years in history. Excellent employment and high charter rates initiated a very strong order boom, especially in the highest size classes of 8.000 TEU to 12.000 TEU vessels and beyond. This development of accelerated fleet expansion met a cooling down period in global economy as a consequence of the worldwide financial crisis. The implications for the international trade markets have also affected the shipping industry and the container shipping market. Against this background the main topics of the Maritime Conference 2008 were: World economy, trade and shipping; vessel size development and its implications; implications of market growth on ports and hinterland; financing and taxation aspects.

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1 Preface (Prof. Dr. Manfred Zachcial) ........................................................... 7 2 Salutation – Perspectives of Ports in Germany (Detthold Aden) ................. 9 3 Session I – World Economy, Trade and Shipping 3.1 Globalisation and Container Shipping Demand (Prof. Dr. Burkhard Lemper) .................................................................. 13 3.2 Baltic Sea Feeder Market (Prof. Dr. Karl-Heinz Breitzmann) ............... 25 3.3 Finland as a Transit Gateway for Containers to Russia (Prof. Dr. Juhani Vainio) ........................................................................ 37 3.4 Challenges for the German and European Shipping Industry (Dr. Hans-Heinrich Nöll) ........................................................................ 45 4 Session II – Vessel Size Development and its Implications 4.1 Assessment of Optimum Vessel Sizes by Trade (Steve Wray).............. 49 4.2 Current Large Designs and Limiting Factors (Prof. Dr. Volker Bertram, Jan-Olaf Probst) .......................................... 65 4.3 Impact on Feeder Demand and Liner Strategies (Dirk Visser) .............. 73 4.4 Evaluation of Port Call Strategies for Ocean Carriers (Prof. Dr. Carsten Boll, Michael Tasto) ................................................. 93 5 Session III – Implications of Market Growth on Ports and Hinterland 5.1 Port Congestion and Infrastructure Needs (Diego Teurelincx) ............ 103 5.2 Superstructure and Simulation (Dr.-Ing. Holger Schütt) ..................... 107 5.3 Implications on Empty Container Logistics (Prof. Dr. Heiner Hautau, Barbara Hüttmann) ..................................... 119 6 Session IV – Financing and Taxation Aspects 6.1 Re-Financing Aspects in Global Shipping (Dr. Hans-Joachim Weinberger) ........................................................... 131 6.2 Freight and Charter Markets (Prof. Dr. Manfred Zachcial) ................. 139 6.3 Finance Behaviour of Banks Concerning Ship Financing (Prof. Dr. André Küster Simic, Volker Endert) .................................... 146

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