1-The world economy in 2018
The situation in brief
The year 2018 paves the way for growth for all the major economic blocs of the world that are America, Asia, and Europe. The large debt that has held back the economic recovery of several countries since the recession of 2008 still leaves some traces but the situation is now considered less problematic beacause of favorable global financial environment and recovery in advanced countries. The table below shows the evolution of global growth by block size since 2016. It also presents the forecasts of the World Bank and the International Monetary … Lire la suite
This article is not a pedagogical guide or a scientific method for carrying out Business Resilience Plans (BRP). Rather, its objective is to highlight elements specific to the maritime sector.
Readers interested in acquiring further knowledge may refer to several excellent documents. (ex. Community Resilience Planning Guide )
Part 1: Business Resilience Plan in General
1.1 What is a Business Resilience Plan (BRP)
A BRP’s goal is to ensure resumption and continuity of … Lire la suite
CETA WILL GIVE ACCESS TO 500 MILLION CONSUMERS
The Government of Canada claims that the Canada-EU Comprehensive Economic and Trade Agreement (CETA) will give Canadian companies preferential access to 500 million European consumers, a market evaluated at $ 18 trillion . Accordingly, bilateral trade would increase by 20 percent and would increase Canada’s GDP by $ 12 billion a year. This would create nearly 80,000 new jobs and increase the average Canadian household’s annual income by $ 1,000. 
Are these predictions realistic ? What are the business opportunities for transport and maritime companies? In order to answer … Lire la suite
Use of transportation by barge
The systems of transportation by barge have long been used as an alternative to land transport. This mean of transportation is competitive to trains and trucks. In addition, it significantly allows the reduction of the environmental footprint of the transport of goods.
There are two major segments in the market, long and the short distance.
Long-distance is used in large rivers, such as Mississippi, Rhine, Danube and St Lawrence in transporting the goods from one end to the other of the continents.
This system is competitive to trains and trucks, but its performance depends greatly … Lire la suite
At the beginning of 2016, the world economy is unsettled. Stock markets are volatile and investors are worried.
Since recession of 2008, the maritime industry has had to restructure. A period of uncertainty and instability triggered by the rise of the U.S. dollar, slowing Chinese economy, collapse of oil prices, slowdown of the European economy and political uncertainties has ensued.
This analysis illustrates that the trends of the shipping industry are positive and encouraging. They predict that growth will remain higher than that of the world economy and will still continue and business opportunities will continue to present … Lire la suite