News / Box terminal capacity expansion plans sunk by ripples from Covid

New container port capacity will be scarce, on the back of the Covid-19 throughput fallout, according to Drewry.

As terminal operators around the world struggle for volumes amid blanked sailings, the analyst forecasts container port capacity expansion will; contract by at least 40% over the next five years.

While capacity is still projected to grow 2.1% during the period, an additional 25m teu a year, this is well below the capacity growth seen over the past decade, Drewy noted, when the average ...