Browse the complete Report on – Romania Shipping Report Q4 2010
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The Romanian port of Constantza has become a port of call on a new container shipping line that was launched on the Danube. HELO 1, operated by Austrian company Helogistics Holding GmbH, started operations in Budapest in Hungary, using the container barge SL 139. According to Helogistics, this is the first regular service to operate weekly deliveries to the ports of Budapest, Belgrade and Constantza. HELO 1's service from Budapest to Constantza will take eight days and the journey back 11 days. It will take the line's vessel four days to get to Constantza from Belgrade; the trip back takes eight days. The regular service, as well as serving containers on the Danube, also offers the possibility of transporting project cargoes of up to 250 tonnes. Helogistics promises to stick to the schedule 'regardless of utilised capacity'. Weekly services in both directions, connecting three ports, will use container barges with a capacity of 144 20-foot equivalent units (TEUs). We expect cargo handled at Romania's key port, the Port of Constantza (POC), to continue declining this year. In general tonnage terms, the port's throughput will decrease by 13.5% to 36.36mn tonnes, following a poor 2009 performance when the port was not able to sidestep the effects of the international recession (volumes fell 32.1% to 42.01mn tonnes last year). Container movements at the Port of Constantza will fall by 10.4% to 532,424TEUs this year. The port's growth has been consistently positive in recent years, but closely linked to international shipping fluctuations; last year box throughput slumped by a sharp 56.96%, after beginning to slide down in 2008, when it fell by 2.16% year-on-year. Affected by the global recession, Romania's total trade plummeted by 11.9% in real terms in 2009, and we see a slow 2.7% rebound in 2010, followed by 4.7% growth in 2011. This year exports will grow more strongly than imports in real terms (6.0% compared with 4.0%).
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Browse All Business Monitor International Market Research Reports
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The Romanian port of Constantza has become a port of call on a new container shipping line that was launched on the Danube. HELO 1, operated by Austrian company Helogistics Holding GmbH, started operations in Budapest in Hungary, using the container barge SL 139. According to Helogistics, this is the first regular service to operate weekly deliveries to the ports of Budapest, Belgrade and Constantza. HELO 1's service from Budapest to Constantza will take eight days and the journey back 11 days. It will take the line's vessel four days to get to Constantza from Belgrade; the trip back takes eight days. The regular service, as well as serving containers on the Danube, also offers the possibility of transporting project cargoes of up to 250 tonnes. Helogistics promises to stick to the schedule 'regardless of utilised capacity'. Weekly services in both directions, connecting three ports, will use container barges with a capacity of 144 20-foot equivalent units (TEUs). We expect cargo handled at Romania's key port, the Port of Constantza (POC), to continue declining this year. In general tonnage terms, the port's throughput will decrease by 13.5% to 36.36mn tonnes, following a poor 2009 performance when the port was not able to sidestep the effects of the international recession (volumes fell 32.1% to 42.01mn tonnes last year). Container movements at the Port of Constantza will fall by 10.4% to 532,424TEUs this year. The port's growth has been consistently positive in recent years, but closely linked to international shipping fluctuations; last year box throughput slumped by a sharp 56.96%, after beginning to slide down in 2008, when it fell by 2.16% year-on-year. Affected by the global recession, Romania's total trade plummeted by 11.9% in real terms in 2009, and we see a slow 2.7% rebound in 2010, followed by 4.7% growth in 2011. This year exports will grow more strongly than imports in real terms (6.0% compared with 4.0%).
About Us
ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.
(Due to the length of these URLs, it may be necessary to copy and paste the hyperlinks into your Internet browser's URL address field. Remove the space if one exists.)
Contact:
Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/
http://reportsandreports.proarticles.co.uk/
http://reportsnreports.wordpress.com/
