Report: U.S. 2013 Imports Highest in Six Years

marinelink.com
Monday, February 03, 2014
File photo (U.S. Maritime Administration)

2013 Ocean Imports Were 3.7% Higher Than 2012.

Zepol Corporation (www.zepol.com) reports that U.S. vessel imports were up 3.7% from 2012, which totaled over 18.2 million TEUs (twenty-foot container) brought into the United States last year. U.S. imports in 2013 started off at a slow start but ended with a surprising and unexpected surge from July through December. Annual TEUs haven't been this high since 2007, which is a good sign for a strong recession rebound in the U.S. trade industry. So far in 2014, the first three weeks of imports in January are already 5.2% higher than the same time last year.

"It was a surprise to see 2013 imports so high since the beginning of the year was relatively stagnant," states U.S. trade expert and CEO of Zepol Paul Rasmussen, "but imports have continued to expand during the recent economic recovery and factors like a dropping unemployment rate and a busy holiday shopping season may be positive contributors for U.S. importers. We expect the increasing trend to continue as we move into 2014."

 

  • A Closer Look at U.S. Imports in 2013:


1. Exporting Countries
- U.S. ocean imports from Asia are up 3.7% from 2012 to 2013. China, which accounts for nearly half of the Asian exports to the United States, increased exports of TEUs by 4.5%. Vietnam, the fourth largest Asian exporter to the United States, increased a notable 13.8% from last year. European exports were also up from 2012 by 4.4%. Germany, the largest exporter from Europe, saw its largest year of exports to the United States ever in 2013, it increased by 2.4% and equated to 536,000 TEUs.

2. U.S. Ports - The Port of Los Angeles is the top port once again for 2013 and handled over 3.9 million TEUs, but it actually decreased in TEU volume from 2012 by 3.2%. The Ports of Savannah and Norfolk were the fourth and fifth largest U.S. port in 2013, and both posted significant increases in TEUs by 5.8% and 10.4%, respectively.

3. Carriers - Mediterranean Shipping Company was the largest U.S. cargo carrier in 2013. The shipping line brought in over 2.5 million TEUs to the United States last year and increased from 2013 by 7%. Maersk Line was the second largest carrier in 2013 but decreased from 2012 by 3%. Evergreen Line moved up to third place in 2013, passing APL Company and Hapaq Lloyd, and posted an increase of 6%.

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Marseille Fos Unveils Multimillion Growth Strategy

The Marseille Fos port authority has set out a vision for growth over the four years to 2018 in a strategic plan that puts developments costing $560 million at

Last Saltie Departs Duluth; Lakers Make Final Push

Duluth-Superior’s international shipping season winds to a close as last saltie departs; Great Lakes freighters make final push to mid-January   This weekend

Fighting for Ports Escalates in Libya

Military planes loyal to Libya's recognised government attacked on Sunday an opposing force that is seeking to seize the country's two biggest oil ports, officials said.

Finance

NSRP Awards $11m for R&D Project Portfolio

The Executive Control Board of the National Shipbuilding Research Program (NSRP) has selected a new round of research and development projects for award, as part

Nicaragua Building China-led Canal to Rival Panama

Nicaragua on Monday broke ground on its Chinese-led $50 billion shipping canal, a massive infrastructure project that aims to rival Panama's waterway and revitalize

Marseille Fos Unveils Multimillion Growth Strategy

The Marseille Fos port authority has set out a vision for growth over the four years to 2018 in a strategic plan that puts developments costing $560 million at

News

Teekay Petrojarl Contracts Damen for FPSO Upgrade

Damen Shiprepair Rotterdam (DSR), part of Damen Shiprepair & Conversion (DSC), has been awarded an EPC contract by Petrojarl I LLC for the upgrade of its FPSO Petrojarl I.

NSRP Awards $11m for R&D Project Portfolio

The Executive Control Board of the National Shipbuilding Research Program (NSRP) has selected a new round of research and development projects for award, as part

Sekimizu Welcomes Shipper’s Revised Stance on Ballast Water

IMO Secretary-General Koji Sekimizu has welcomed the reconsideration by the International Chamber of Shipping (ICS) of its position towards the ratification by

Logistics

Marseille Fos Unveils Multimillion Growth Strategy

The Marseille Fos port authority has set out a vision for growth over the four years to 2018 in a strategic plan that puts developments costing $560 million at

Young Endeavour Sets Sail on World Voyage

The Royal Australian Navy operated Sail Training Ship Young Endeavour set sail from Sydney today for a 12-month voyage, circumnavigating the globe. Parliamentary

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

 
 
Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2085 sec (5 req/sec)