Container Shipping: the Global Economic Engine

15th April 2016

The shipping industry has been widely described as a ‘global economic engine’ for two reasons: the significant amount that the industry contributes directly to the global economy, and the role of the industry as a facilitator of economic growth for other industries. The world’s shipping industry has played an incredibly key role in the economy; with Greater China representing approximately 30% of all containers transported around the globe, the country is a huge decision maker in exchange rates, a major contributor to the global economy and a substantial supplier to container supply around the world.

Intermodal Asia 2016 - the world-leading exhibition and conference for the container, transport and logistics industry - will bring together global representatives to discuss the wider impact of shipping on the global economy. “It seems that today now, more than ever, there is a crucial need for a platform enabling the industry to come together in Asia and have the opportunity to discuss the trends and challenges that they are facing in today’s economic climate” explains Event Director, Sophie Ahmed. “Intermodal Asia provides the opportunity for professionals to hear and understand the predictions and developments for the next year and to discuss these with industry peers".

Alongside more than 140 exhibitors there will be a new and expanded programme of interactive conference sessions taking place inside the exhibition hall, designed to reflect the full breadth of the industry. The conference will open with a forum focused on ‘Economic Perspectives and the Intermodal Market’. Chaired by John Fossey, Contributing Editor at WorldCargo News, the forum will host a number of leading industry speakers, including Tim Power, Head of Maritime Advisors from Drewry Maritime Research, presenting the keynote session; ‘Global economic outlook for the container industry’. In addition, ‘Developments in the Intermodal bank financing market’ will be the topic of focus from Ross Briggs, VP Transportation Group at ABN AMRO.

“Asia is still among the fastest growing regions in the world, offering these business sectors interesting investment and trading opportunities. It is vitally important to understand the projected rates of growth/decline, where the main growth and/or soft spots are and why - both for markets and cargo sectors - where and how investment should be targeted” explains Fossey. “This event is the only one that really brings together the important players - service providers and equipment/systems suppliers - in the container shipping and intermodal freight transport industries.”

As well as a full three-day interactive conference programme, Intermodal Asia brings together over 140 leading exhibiting companies, 7,000 professional visitors and numerous exhibition features, including exclusive tours of Shanghai Port and CIMC’s latest Reefer Factory, and the official signing for the new government regulations on the environment and the formation of the "Chinese Container Manufacturing Industry Green Action Plan".