OVER CAPACITY OF CONTAINER SHIPPING AS A CHALLENGE TO RAIL SILK ROAD COMPETITIVENESS

  • Stanisław Miecznikowski Chair of Transportation Market, Faculty of Economics, University of Gdańsk
  • Tomasz Radzikowski Expert of transportation analysis, PKP PLK

Abstract

International trade is rapidly changing. Global trade agreements are replaced by regional agreements. The China’s GDP is decreasing resulting in lower level of China’s exports, which so far used mainly sea transport. The sea transport experiences glut in transport capacity, which, with the the falling GDP of China, may result in subsequent bancrupties of ship owners, high costs and uneffectiveness of sea ports. Moreover sea freight takes a long time and is connected with long transshipments in ports. Rail transport is much more efficient due to the considerably smaller batches of goods. However, creating “one belt” connecting China and Europe is required. The existing railway corridor, the so called “new silk road” runs through north Kazakhstan, Russia, Belarus and Poland to Western Europe. Its capacity level is insufficient. Creating a new projected railway corridor running through Central Asia, the Caspian Sea, Azerbeijan, Georgia, the Black Sea and the Ukraine to the European Union. 

Published
Dec 20, 2017
How to Cite
MIECZNIKOWSKI, Stanisław; RADZIKOWSKI, Tomasz. OVER CAPACITY OF CONTAINER SHIPPING AS A CHALLENGE TO RAIL SILK ROAD COMPETITIVENESS. Transport Economics and Logistics, [S.l.], v. 70, p. 121-132, dec. 2017. ISSN 2657-6104. Available at: <http://www.znetil.ug.edu.pl/index.php/etil/article/view/119>. Date accessed: 22 nov. 2019. doi: http://dx.doi.org/10.5604/01.3001.0010.5932.