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The vast majority of the world’s trade in goods is moved by sea, and it has long been recognised how shipping is a critical element of the global economy, providing the connection between producers and consumers all over the planet.

The maritime world eventually passed the 2016, a year that was full of colossal losses and huge harms.

Throughput at China’s top container ports grew strongly in March supporting signs of improved performance by the overall economy during the first quarter of the year.

Growth in the volume of world merchandise trade is expected to rebound this year from its tepid performance in 2016, but only if the global economy recovers as expected and governments pursue the right policy mix.

The viability of the international container ship transportation industry depends on vibrant trade between distant nations, and that trade depends on cost-competitive manufacturing industries in the exporting nations, mainly China.

The current year is ending while Donald Trump, the US President-elect, is preparing to take over the helm of the world’s largest economy in the early days of 2017. In this regard, the silence of China as the world’s second largest economy is of special importance. The Chinese have slowed down their economic growth since 2 years ago trying to diversify their export-oriented economy and make it the second and even the main pillar of their large economy. This action of China has caused losses to some key economic partners of this country such as Australia. Reduced China’s demand for imports of goods and raw materials from Australia has decreased the economic growth of Australia to 1.7 in 2015. At the same time, the world economy is undergoing a recession because about 30% of global economic growth in the period between 2004 and 2014 was resulting from China’s growth and the world’s economy is experiencing a relative recession with the slowing economic growth in China. However, the question here is that can we hope that this recession will soon lift its shadow from the global economy over the next year?