DP World plays politics but has bigger fish to fry
UK investment never in doubt
Global container port operators have been warned they face diminishing returns and reduced profitability as a result of the deployment of larger vessels by bigger alliances, combined with stagnating volumes.
Drewry Maritime Advisors said yesterday that while container port volumes increased by an average of 11% in successive years, as Chinese containerised exports poured out to foreign markets, since 2009 that growth had reduced to around 5% a year and could decline further as growth in the Chinese economy stalls.
Global port container ...
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