مجلة الإقتصاد الجديد
Volume 9, Numéro 3, Pages 1-21

China Maritime Transport! A Worldwide Strength Favorable To Partnership

Authors : Barҫa El-mehdi . Fengju Xu .

Abstract

According to a presentation on a technical study of the project carried out by a South Korean engineering firm in collaboration with an Algerian engineering firm, and presented by the DTP of Tipasa, the strategic megaproject of the future commercial port of the El Hamdania, in Cherchell, generating nearly 200,000 jobs (direct and indirect), will be among the most important maritime infrastructures of the Mediterranean region and the African continent. This future commercial port, whose launch is expected in 2018 as part of an Algerian-Chinese partnership, should have the most intense traffic, enabling it to be included among the 30 most important commercial ports in the world… Yes! Algeria is partnering up with a great leader in this area which is the maritime transport, and this paper will demonstrate why China is the best ally Algeria can have. Thanks to the dynamism of the Chinese economy, shipowners carrying containers or bulk products were able to absorb in record time the effects of the crisis that had fallen in autumn 2008. But the Chinese world of "shipping" also took advantage of the situation. Victims, after the recession of the world economy in autumn 2008, a collapse of the volumes of goods to be transported and the prices invoiced for their transport, the shipping companies specialized in the transport of containers had known in 2009 the worst year of their existence with an estimated loss of 15 billion dollars (the greenback is the reference currency in the "shipping") .A year later, they are preparing to sign in 2010 one of the finest vintages of their history. How could these shipowners, in such a short time and with so little breakage (bankruptcies counted on the fingers of one hand), recover such a dangerous situation?

Keywords

Maritim transport, China, Strength, Partnership, Algeria