Rising container traffic is expected to squeeze ports

09/1/2010 | Journal of Commerce, The

Global port capacity could prove cramped again as container volumes rise after a recession in which many ports tightened their belts. "Historically, for global terminal operators, it has always been about expanding and adding capacity as quickly as possible," said Neil Davidson, senior adviser on ports for Drewry Shipping Consultants. "Then, suddenly, they were all faced with changing their mindset towards drastic cost control and halting of projects," he said. Worldwide, container throughput is expected to rise about 7.2% a year between 2009 and 2015.

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