The "China factor" will contribute to the global shipping industry

        The company's brokerage treatment. Lazaridis said that China plays an important role in the global seaborne trade, many fear that once China's slowing economic growth, will slow the growth in demand for ships. While such inferences may be correct, most of China's industrial production from imported raw materials, to the majority of owners, global capacity may increase. Prediction lies, new demand for raw materials from areas such as South America, Australia and West Africa. These routes than the daily routes, greater demand for capacity, meant that demand for vessels may be faster than global trade development.
        In conclusion, Lazaridis said although the situation for most members of the shipping industry, is optimistic about the future, but whether China can continue to maintain its leading position in the sea trade in the year remains uncertain, so shipping market prospects, for better or worse, are closely related to China's trade developments.
        Reports also pointed out that many measures are needed to help revive the shipping industry and freight levels recovered, if the owner is willing to keep in 2011 a record amount of ship dismantling. This argument has strong aspirations of Greece ship brokers Golden Destiny noted in its latest report, ship-breaking numbers relatively steady, scrap steel prices due to Bangladesh's ship-breaking the ban will continue to fall. The dollar remains weak, board price for dry cargo light tons of scrap steel $ 465, wet cargo ships for $ 495. Pakistan has narrowed its gap with Bangladesh in the shipping price, but still want to attract more ships to the country's ship-breaking. Shipbreaking in China confirmed their advantage in terms of price, dry bulk cargo ship scrapping price of US $ 400 per light tons.
        Market rumors, Bangladesh having improved scrap steel prices will not surge immediately and dry bulk cargo market recovery recently, lead Cape vessel dismantling does not have a large number of changes. In the tanker market, the talk in the market 2 mol will be respectively built in 1996 and 1998 double hull VLCC oil tanker sent to disassembly. These confirmed that the freight market malaise, so that more wet cargo shipowners to take similar action, reduce the glut of ships obstacles.
Data show that in mid-December 15 old ships were sent for dismantling, capacity of 10.1154 million tons. Dismantling recorded a growth of 114% per week, and dismantling of 370% will increase the total capacity. Meanwhile recorded a maximum dismantling costs, is in India to buy "MSC MAHIMA" cargo ship, totaled 16143 light tons, due to the low level of oxidation of excellent manufacture, ship plate, plus full equipment on the ship, each light tons at $ 517. India has attracted a total dismantling of the 53%, while China received 4 dry bulk carriers and 1 container ship dismantling.
        Compared to the corresponding period in 2010 amount of ship dismantling and the existing, it is less 53%, 7 ships are dismantled, the total capacity of 575,804 tons, accounted for 71.4% of the total scrap ships and oil tankers. India and Pakistan dismantling of price for each light $ 440-445 a tonne of dry bulk ships, wet cargo ships for $ 475, while dismantling market in Bangladesh are relatively peaceful.