Shipping growth in China’s hands for 2018

China will remain the driving force behind growth in shipping markets in 2018, according to BIMCO.

An article in Seatrade Maritime reports that BIMCO expects to see continued improvement in dry bulk and containers markets with potential for an uplift in the tanker sector.

BIMCO analyst Peter Sand is reported as attributing the growth to China – particularly its ‘enormous manufacturing sector’ which is driving exports of containerized goods.

The story also features some interesting statistics about 2017 and previews 2018 with the hope of the sector ‘returning to profitability for the first time since 2011’ although much is in the hands of ship owners.


TMG’s expert professionals have many years of experience in maritime business, including shipping. With genuine worldwide reach – including Asia – TMG can advise and support whatever the enterprise.

Read the full article about BIMCO’s 2018 preview on Seatrade Maritime here.

Contact TMG on and on +44 (800) 955 1792 or its 24-hour line +1 (260) 225 5864.

(Picture – Pixabay)