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Lessons to be learned from China
Congestion at US ports together with shortages of rail and road capacity are causing delays to containers and threatening import-export growth, Chinas Cosco group has warned. The executive vicepresident of Cosco told the Propeller Club that Americans needed to pay attention to the problem. He explained that not all ports have the terminal efficiency, water depth or bridge clearances to accommodate the bigger ships, and called for greater flexibility in rules governing interview requirements for ships crew visas.
International operator Hutchison Port Holdings, already with port interests in Mexico, is one party known to be looking at new port development together with various logistics operators in order to establish “cargo pipelines” into the US.
Leading by example, the first phase of the Yangshan port development near Shanghai is set to open next month with a capacity of 2.2m TEUs.
After completion of the complex in 15 years, capacity will run to some 20m TEUs. Growth in Shanghai has average 25% a year for the past ten years.
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