Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

The RWI/ISL-Container Throughput Index started off well in 2018

22.02.2018

The Container Throughput Index of the RWI – Leibniz Institute for Economic Research and the ISL – Institute of Shipping Economics and Logistics recorded a strong increase during January 2018, climbing from a value of 131.9 in December 2017 (revised figure) to 134.4 in January 2018. This is one of the highest monthly growth rates observed during the last eleven years. As such, it would seem that world trade continues to grow noticeably. However, because of the rather late Chinese New Year festivities, a clearer picture will present itself with the compilation of the February figures.

The Container Throughput Index of the RWI – Leibniz Institute for Economic Research and the ISL – Institute of Shipping Economics and Logistics recorded a strong increase during January 2018, climbing from a value of 131.9 in December 2017 (revised figure) to 134.4 in January 2018.


RWI/ISL-Container throughput index from 22 February 2018

RWI/ISL

This is one of the highest monthly growth rates observed during the last eleven years. As such, it would seem that world trade continues to grow noticeably. However, because of the rather late Chinese New Year festivities, a clearer picture will present itself with the compilation of the February figures.

As usual, at the start of every year, the index compilation process is updated. This time, six new ports have been added: Alexandria (Egypt), Rio Grade do Sul (Brazil), Cartagena (Columbia), Bandar Abbas (Iran), Piraeus (Greece), and Sines (Portugal).

This update is partially responsible for the strong revision (+1.3 points) of the December 2017 figure. On average the values for 2017 are now higher by 1.1 points. After including the aforementioned ports, the seasonally adjusted RWI/ISL-Container-Throughput Index seems to be even more closely correlated to the recent world trade development, although the changes to the long-run time series are effectively quite small.

The index is based on data continuously collected from world container ports by ISL as part of its market monitoring. Because large parts of international merchandise trade are transported by ship, the development of port handling is a good indicator for world trade.

As many ports release information about their activities only two weeks after the end of the respective month, the RWI/ISL Container Throughput Index is a reliable early indicator for the development of international merchandise trade and hence for the activity of the global economy. As of 2018, the index is compiled based on data of 88 ports. Together these ports account for ~60% of worldwide container handling. The flash-estimate for January is based on data reported by 44 ports, accounting for three quarters of the total index volume.

The RWI/ISL-Container Throughput Index for February 2018 will be released on 20 March 2018.

Contact:
Prof. Dr. Roland Döhrn, Tel.: +49 (201) 8149-262
Jörg Schäfer (Press Office RWI), Tel.: +49 (201) 8149-244

Weitere Informationen:

http://en.rwi-essen.de/media/content/pages/forschung-und-beratung/containerindex... - Index-Graph in printable resolution
https://www.rwi-essen.de/media/content/pages/forschung-und-beratung/containerind... - Index data
http://en.rwi-essen.de/forschung-und-beratung/wachstum-konjunktur-oeffentliche-f... - further information about the RWI/ISL-RWI/ISL-Container Throughput Index

Jörg Schäfer | idw - Informationsdienst Wissenschaft

More articles from Business and Finance:

nachricht Microtechnology industry is hiring – positive developments of past years continue
09.04.2018 | IVAM Fachverband für Mikrotechnik

nachricht RWI/ISL-Container Throughput Index with minor decline on a high overall level
20.03.2018 | RWI – Leibniz-Institut für Wirtschaftsforschung

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: First evidence on the source of extragalactic particles

For the first time ever, scientists have determined the cosmic origin of highest-energy neutrinos. A research group led by IceCube scientist Elisa Resconi, spokesperson of the Collaborative Research Center SFB1258 at the Technical University of Munich (TUM), provides an important piece of evidence that the particles detected by the IceCube neutrino telescope at the South Pole originate from a galaxy four billion light-years away from Earth.

To rule out other origins with certainty, the team led by neutrino physicist Elisa Resconi from the Technical University of Munich and multi-wavelength...

Im Focus: Magnetic vortices: Two independent magnetic skyrmion phases discovered in a single material

For the first time a team of researchers have discovered two different phases of magnetic skyrmions in a single material. Physicists of the Technical Universities of Munich and Dresden and the University of Cologne can now better study and understand the properties of these magnetic structures, which are important for both basic research and applications.

Whirlpools are an everyday experience in a bath tub: When the water is drained a circular vortex is formed. Typically, such whirls are rather stable. Similar...

Im Focus: Breaking the bond: To take part or not?

Physicists working with Roland Wester at the University of Innsbruck have investigated if and how chemical reactions can be influenced by targeted vibrational excitation of the reactants. They were able to demonstrate that excitation with a laser beam does not affect the efficiency of a chemical exchange reaction and that the excited molecular group acts only as a spectator in the reaction.

A frequently used reaction in organic chemistry is nucleophilic substitution. It plays, for example, an important role in in the synthesis of new chemical...

Im Focus: New 2D Spectroscopy Methods

Optical spectroscopy allows investigating the energy structure and dynamic properties of complex quantum systems. Researchers from the University of Würzburg present two new approaches of coherent two-dimensional spectroscopy.

"Put an excitation into the system and observe how it evolves." According to physicist Professor Tobias Brixner, this is the credo of optical spectroscopy....

Im Focus: Chemical reactions in the light of ultrashort X-ray pulses from free-electron lasers

Ultra-short, high-intensity X-ray flashes open the door to the foundations of chemical reactions. Free-electron lasers generate these kinds of pulses, but there is a catch: the pulses vary in duration and energy. An international research team has now presented a solution: Using a ring of 16 detectors and a circularly polarized laser beam, they can determine both factors with attosecond accuracy.

Free-electron lasers (FELs) generate extremely short and intense X-ray flashes. Researchers can use these flashes to resolve structures with diameters on the...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

VideoLinks
Industry & Economy
Event News

Leading experts in Diabetes, Metabolism and Biomedical Engineering discuss Precision Medicine

13.07.2018 | Event News

Conference on Laser Polishing – LaP: Fine Tuning for Surfaces

12.07.2018 | Event News

11th European Wood-based Panel Symposium 2018: Meeting point for the wood-based materials industry

03.07.2018 | Event News

 
Latest News

Leading experts in Diabetes, Metabolism and Biomedical Engineering discuss Precision Medicine

13.07.2018 | Event News

Research finds new molecular structures in boron-based nanoclusters

13.07.2018 | Materials Sciences

Algae Have Land Genes

13.07.2018 | Life Sciences

VideoLinks
Science & Research
Overview of more VideoLinks >>>