Brazil, Russia, India, China, Container Trade

Although Brazil, Russia, India and China are suffering from overheated economies, the BRIC region is still generating attractive cargo growth, finds Drewry Shipping Consultants in their ‘Container Insight Weekly’.

Container traffic loaded and discharged in the BRIC region’s ports in the first half of the year grew by an impressive 7.1% year-on-year, up to 90.7 million teu, which is significantly better than North America’s 1.2% and Europe’s 0%

Drewry Maritime Research considers that as Brazil’s, Russia’s, India’s and China’s maritime gateways handle little transhipment traffic, the change is a good barometer of what the downturn in their economies since the beginning of last year has meant to ocean carriers in terms of cargo carried in and out.



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via Brazil, Russia, India, China, Container Trade.

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