\u201cFor many countries looking to move iron ore, coal and other raw materials, there is a lot to be desired in their ports of exit,\u201d he says. \u201cI am frustrated by the number of governments that can\u2019t see the vital importance of investing and improving in port infrastructure.<\/p>\n
\u201cCoal is coal and ore is ore and it costs the same, more or less, to get it out of the ground; but what really changes the price is the logistics of moving that material to the vessel and on to the consumer. You can add so much logistics costs that you render your raw materials unviable.<\/p>\n
\u201cSo for me, an investment hotspot would be those countries that need to compete more in terms of selling their raw materials globally. South America is a classic case.\u201d<\/p>\n
In complete contrast, he highlights mega yachts as a major opportunity. \u201cLook at the orders and those being built; where are they going to go? There is a real shortage of berths for these very large vessels, of 100-plus metres, in the type of environment they want to be. Sometimes they end up almost being berthed next to a container vessel in a commercial port.<\/p>\n
\u201cI would say a hotspot of opportunity would be in key ports on favoured cruise routes \u2013 there is a need for facilities with perhaps 60-70 berths, with all the value-added services these vessels need in terms of supplies, crew resting, etc. In today\u2019s market, this could yield a better return than the sea freight sector.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The right port facilities in the right place can be key to ensuring that a country\u2019s raw material exports are viable in the world market, says ports consultant Nigel Nixon.<\/p>\n","protected":false},"author":8,"featured_media":1709,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12],"tags":[],"sponsor":[],"class_list":["post-1708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-concessions-investments"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/posts\/1708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/comments?post=1708"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/posts\/1708\/revisions"}],"predecessor-version":[{"id":1710,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/posts\/1708\/revisions\/1710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/media\/1709"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/media?parent=1708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/categories?post=1708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/tags?post=1708"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/sponsor?post=1708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}