Ports still a safe bet for pensions
Despite the fact that pension and infrastructure funds continue to view the port sector as a safe investment bet, concerns appear to be growing over high-risk investments to handle big ships.
That is according to Steve Rothberg, consultant at Mercator International, speaking at the Global Liner Shipping Conference in Hamburg.
As reported by Lloyd's List, Mr Rothberg said: “The ports and terminals sector has been viewed as a low-risk infrastructure asset investment for a number of years.”
“And the fact is there is still a large amount of infrastructure and pension funds with huge amounts of capital that they’re looking to deploy in the sector. But are they going to be as profitable as years past? The answer is in many cases they probably won’t.”
He added that doesn’t mean that ports and terminals will not still make good investments in future because investing in better more efficient equipment and infrastructure in order to meet the requirements of ultra large containerships is a pretty safe bet to achieve healthy returns.
Mr Rothberg said that the doubts raised by infrastructure fund and pension fund executives are just an indication that potential returns from investing in marine terminals may not be as sure as they have previously been over the last decade.
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