BRIC nations keep pace with ocean cargo demands
Although Brazil, Russia, India and China are suffering from overheated economies, the BRIC region is still generating attractive cargo growth, said Drewry Maritime Research analysts.
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Container traffic loaded and discharged in the BRIC region’s ports in the first half of the year grew by an impressive 7.1% year-on-year, up to 90.7 million twenty-foot equivalent units (TEUs), which is significantly better than North America’s 1.2% and Europe’s 0%).
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