The shipping industry is one of the backbones of international trade development. The international market is highly dependent on shipping companies, which allows different nations to import and export anything in this world. In 2008 and 2009, the global shipping industry faced difficult times due to the financial crisis. However, it overcame its lag in 2010 and posted solid growth in 2011. And it continues to grow thanks to the improving global economy and new opportunities. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay Political climate is one of the obvious factors affecting the market situation of the container shipping industry globally. And here are some factors listed below that affect the supply and demand in the container shipping industry. Overcapacity in the container segment does not correspond to financial cycles: Timing is another important factor for balancing supply and demand. It is very difficult to fit into the financial cycle to balance supply and demand for giant 14,000 TEU ships. This is a difficult task in a volatile market where prices move vigorously and uncertainly. Industries are adapting their freight to container shipping mode: Containerization is the new trend in this industry. Another trend is that industries are adapting containerization. For example, the paper industry reformed its freight towards the container shipping method by changing the size of paper rolls to fit the containers. Freight is transported directly to the consumer, to make it more efficient and reduce the risk of damage. Growing demand for customer orientation and new technologies: We are in the era of a technical revolution where all players in the supply chain complete, from manufacturer to collector. Invest all resources to develop a new system to achieve greater efficiency. Customers expect more transparency throughout the supply chain thanks to the development of IT systems. Lower demand for shipments to and from the Far East: China has experienced rapid economic growth in recent decades and the country has become a great force in strengthening global trade. However, in the previous year we may see forecast growth weaken, leading to lower demand for shipments to and from the Far East. Capacity at ports is growing faster than trade volumes: keep in mind: this is just a sample. Get a custom paper now from our expert writers.Get a Custom EssayThere are many seaports that contribute to an imbalance between supply and demand in some regions. Shippers must select which ports to invest in and there is a risk if only a small, large port monitors logistics flows. Single terminal operators might only gain attention by signing with one or two alliances, which would lead to no diversity in the industry..