Tariff and trade wars are a concern but the medium-term outlook for global container port demand growth is positive thanks to strong underlying economic momentum across the world’s major economies, according to Drewry.
An “inevitable” trade war between China and the US will refocus world trade and move shipping towards South and Southeast Asia ports, according to a Drewry official.
The global container port traffic growth rate continues to exceed 6% and terminal mergers and acquisitions offer the best potential to thrive in the current container ports and terminal market.
Drewry’s latest five-year global container port demand forecast is 4.3% per annum, up from last year.
Substantial potential exists for retrofit terminal automation, Drewry’s March 2018 Quarterly Port Sector Report Briefing shows.
It isn’t the size of your port that matters – it’s what you do with it. Felicity Landon reports on a new ‘connectivity index’
As much as 5m teu of waste could become landfill under China’s sudden decision to impose more stringent quality thresholds on different waste imports, dramatically changing seaborne trade patterns.
Shanghai has come out top in a new Drewry index ranking the connectedness of the world's container ports.
Yemen’s ports of Hodeidah and Saleef have been left in limbo following a UN order for commercial ships to leave.
August’s Drewry global container port throughput index reached an all-time high of 126.8 points.
Overcapacity, politics and the price of oil are set to collide in the Middle East, writes Stevie Knight.
Recovery seems to be on the horizon for some regions, finds Iain MacIntyre
Although the outlook for container demand growth is now more optimistic with Chinese players aggressively hitting the acquisition trail, everyone one else is being a little more cautious.
Fast growing inbound trade is just one of the many factors causing port congestion at China’s major ports. Other factors include bad weather, the restructuring of alliance networks, ever-bigger ships and shippers’ eagerness to move cargo ahead of planned rate increases.
The choice of port call is often not in line with carrier terminal ownership interests, according to the recently launched Ports and Terminals Insight report, published by Drewry.
Drewry’s new quarterly report, which analyses key trends and developments in the global ports and terminals market, says that North European ports can expect a “status quo” in 2017 in terms of port calls, but they shouldn’t rest on their laurels.
The trend of reduced service frequency may be coming to an end for North European ports according to a new Drewry report.
Future port investment is being put at risk by container lines demands for a reduction in terminal handling costs, according to a recently launched Drewry study.
Drewry has released its annual Global Container Terminal Operators report for 2016 which has highlighted the increasing complexity of the industry and the changes caused by mergers and acquisitions (M&A).
Global shipping consultancy, Drewry, says as the sector is being faced with the dual challenges of weaker demand growth and rising costs due to larger vessels and alliances, terminal operators are looking to consolidate terminal ownership.
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