{"id":3399,"date":"2011-06-09T12:42:00","date_gmt":"2011-06-09T11:42:00","guid":{"rendered":"https:\/\/portstrategy.nfdtesting.uk\/coastlink\/2011\/06\/09\/industry-enjoys-renaissance-after-recession\/"},"modified":"2011-06-09T12:42:00","modified_gmt":"2011-06-09T11:42:00","slug":"industry-enjoys-renaissance-after-recession","status":"publish","type":"post","link":"https:\/\/www.portstrategy.com\/coastlink\/2011\/06\/09\/industry-enjoys-renaissance-after-recession\/","title":{"rendered":"Industry enjoys \u201crenaissance after recession\u201d"},"content":{"rendered":"<p>\u201cOverall, it\u2019s been a pretty positive story for 2011,\u201d said Mr Davidson, describing the upsizing of strings on the Far East-Europe trade as \u201cpretty much unstoppable\u201d.<\/p>\n<p>However, he did concede that the recession had changed the industry\u2019s long term view on growth.<\/p>\n<p>\u201cIt\u2019s removed some of the short term, and if we\u2019re honest some of the mad, investors from the port market,\u201d he said.<\/p>\n<p>For would-be investors, Mr Davidson said that there was still potential for privatisation at many ports around the world. He put the number of state owned and run terminals at 36%.<\/p>\n<p>\u201cThere is still scope for privatisation in the industry, albeit in smaller terminals. The privatisation process still has a place in the industry going forward.\u201d<\/p>\n<p>In terms of future growth, the Drewry specialist expects world port throughput to be 1.1bn teu in 2020, up from 237m teu in 2000 and 542m teu in 2010.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dubbing the rapid recovery of the industry as \u2018renaissance after recession\u2019, Drewry\u2019s port specialist Neil Davidson told the annual TOC Europe conference that ports and terminals have enjoyed a \u201cremarkably quick bounce-back\u201d.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[],"sponsor":[],"class_list":["post-3399","post","type-post","status-publish","format-standard","hentry","category-europe"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/3399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/comments?post=3399"}],"version-history":[{"count":0,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/3399\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media?parent=3399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/categories?post=3399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/tags?post=3399"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/sponsor?post=3399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}