Friday 21 November 08 - 17:17
 

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Chinese ports not over-doing capacity

China's Communications Minister Zhang Chunxian has rejected suggestions that the country's major port expansion programme will create a capacity glut. He noted that the building programme would simply meet future demand whilst easing congestion at existing facilities. He also noted that some ports cannot be upgraded and therefore new ports would have to be built given that the country is expected to be handling anything up to 140m TEUs by 2010, effectively double today's volumes.

Zhang Chunxian: up to 140m TEUs by 2010
Zhang Chunxian: up to 140m TEUs by 2010

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Zhang Chunxian: up to 140m TEUs by 2010

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