Container trade economics – what to look for now
Making sense of a fools’ game
“Cautious investor sentiment towards greenfield container terminal projects” could lead to steeply increasing box terminal utilisation and a possible decline in port productivity.
According to Drewry’s latest five-year container port demand forecast, volumes are set to increase on average by just under 6% a year.
This would add 240m teu to global container port throughput by 2022 – 45m teu a year – “broadly equivalent to the size of the world’s largest container port, Shanghai”.
However, at the same time, global capacity is set to increase by 2% ...
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