Recently, we attended the International Shipping Annual meeting in Guangzhou, and generally felt that the "excess capacity" of the three major ship types was a common consensus at present, while inland river shipping, as a market segment benefiting from domestic economic transformation and industrial transfer, has broad prospects for development. We believe that Changhang Phoenix can be used as a variety of long-term strategic configuration, the first rating "strongly recommended".

There are broad prospects for the development of inland shipping.

With the further deepening of economic globalization and the further transfer of global industrial division of labor from developed coastal areas to inland low-cost, inland river plays an important role in this transfer process with its advantages of energy saving and environmental protection.

China is rich in inland waters. there are more than 50, 000 rivers with a basin area of more than 100 square kilometers, with a total mileage of more than 430000 kilometers, more than 900 lakes and 123000 kilometers of inland waterways.

According to China's regional development strategy of "taking the lead in the east, the rise of the central region and the development of the west", the exchange of inter-regional economic development depends on transportation, and the transport corridor across the three regions is an important guarantee for the revitalization and development of China's economy. The four major eastward water systems of Heilongjiang, the Yellow River, the Yangtze River and the Pearl River naturally become the main arteries of water transportation necessary for the economic development of the three zones, and these trunk and tributaries shoulder the strategic task of gradually transferring the national economic development from the east to the central and western regions.

Inland waterway shipping has outstanding advantages.

With its characteristics of high efficiency, economy and green, inland river shipping has played a positive role in regional economic and social development for a long time, and its advantages are mainly reflected in:

1) the area is small. Inland waterways make use of existing waterways and take up little or no land. According to the analysis of the structure of traffic land in seven provinces and two cities along the Yangtze River, the ratio of highway, railway and waterway is 15719 / 1.

2) large transport capacity. The capacity per horsepower of water transport is 4 times that of trains and 50 times that of cars. The freight transport capacity of the Yangtze River trunk line is equivalent to that of 16 Beijing-Guangzhou lines, and inland waterway transport plays a unique role in the transportation of super-large equipment and components.

3) low cost. Inland waterway transportation has the advantage of economies of scale under the condition of long distance and large capacity. The freight rates of containers from Chongqing to Shanghai are used to compare the three kinds of transport costs. The ratio of road, rail and water transport costs of the Yangtze River is 6:2:1.

4) Energy saving and environmental protection. The unit energy consumption of water transportation is lower than that of railways and highways. According to the United States, the unit energy consumption ratio of road, rail and waterway transport is 8.7 VR 2.5 VR 1. Take the Yangtze River shipping in China as an example, the energy consumption ratio of road, railway and water transport is 13.9, 1.8, and 7.3, respectively, in terms of carbon dioxide emissions.

5) safe and reliable. This feature has an advantage in the transportation of dangerous goods. With the gradual improvement of China's inland waterways and port infrastructure, the advantages of inland waterways will be further brought into play, and there will be great potential and space for development.