United States (US) represents one fifth of the world economy (GDP of 17 400 billion $). It is considered the world’s largest economy. It also counts for 19 924 kilometers of marine coastline, 6 000 kilometers of river length and 250 000 km2 area of its Great Lakes.  With all these assets, why doesn’t it hold shipping capacity in the world ? The US has become international success in many fields such as automotive, information technology, aeronautics , chemistry, and culture sectors. But, why not in maritime sector ?
Those following figures illustrate the paradox. In 2015, among the … 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