The shipping industry is one of the pillars of the development of international trade. The international market is highly dependent on shipping companies that allow different nations to import and export anything in this world. During 2008 and 2009, the global shipping industry went through a difficult period due to the financial crisis. However, it surpassed in 2010 and posted solid growth in 2011. And it continues to grow as the world economy improves and new opportunities arise. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay The political climate is one of the obvious factors influencing the market conditions of the container shipping industry globally. And there is some factor listed below that influences the supply and demand in container shipping industry. Overcapacity in the container segment does not correspond to financial cycles: Timing is another important factor for the balance between supply and demand. It is very difficult to fit into the financial cycle to find a balance between supply and demand for the 14,000 TEU giant ships. This is a difficult task in a volatile market where prices move vigorously and uncertainly. Industries adapt their goods to the container shipping method: containerization is the new trend in this sector. Another trend is that industries are adapting containerization. For example, the paper industry has reformed freight transportation by adopting the container shipping method, changing the size of paper rolls to fit into containers. The goods are transported directly to the consumer, to make it more efficient and reduce the risk of damage. Growing demand for customer focus and new technologies: we are in the era of a technical revolution where everyone who is part of the entire logistics chain, from producer to collector. Invest all resources to develop a new system to achieve greater efficiency. Customers expect greater transparency within the entire logistics chain with the help of IT system development. Lower demand for shipping to and from the Far East: China has had rapid economic growth in recent decades and the country has been a major force in strengthening global trade. However, in the previous year we could see the expected growth weakening, which led to lower demand for shipments to and from the Far East. Capacity at ports is increasing faster than trade volumes: Please note: this is just an example. Get a custom paper now from our expert writers. Get a Custom Essay There are many seaports that contribute to a supply-demand imbalance in some regions. Shippers must select which ports to invest in and the risk is that only a small, large port controls logistics flows. Individual terminal operators might only pay attention to signing one or two alliances, which does not lead to any diversity in the sector.