Ports around the globe brace for massive post-Suez cargo logjams
As much as 1.9m teu of cargo is expected to be caught up in the ...
© Foo Piow Loong
By Alex Lennane
Hutchison is further expanding its facilities in Yantian, Shenzhen. It has already opened a new berth there this year, and in the second half plans to operate another – for mega-ships. The company predicts that the number of mega-vessels worldwide will grow from 150 to 250 in two years. The CEO spoke to Bloomberg, which has come out with an interesting article on the Pearl River Delta ports, and how Hong Kong stands to lose out.
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