02 Sep 2012

Global container forecast study for 2017

In News
Written by 
The global container port industry is forecasted to boom by 2017

The global container port industry
is forecasted to boom by 2017

Global container port throughput is forecast to surpass 800m teu by 2017, but port capacity growth will remain 6% below demand growth, according to the latest port sector report from Drewry Maritime Research.

The Global Container Terminal Operators Annual Review and Forecast 2011 states that the economic uncertainty remains a key challenge for the global industry however, capacity expansion and the number of terminal operators will vary significantly from region to region with Europe expected to remain flat, North America to show a little growth and Asia to continue to dominate.

The global container port industry has changed dramatically over the last ten years as volumes have fluctuated alongside the global economic surge.

The Global Container Terminal Operators Annual Review and Forecast 2011 report has tracked the industry from China’s entry into the WTO in 2001and the subsequent rise in volumes and increase in container ship sizes. Since 2002, the container port throughput has more than doubled, with Asian ports dominating, particularly Chinese ports which hold 30% of the world’s teu.

The report also analyzed the global financial crash in 2007 which ultimately led to the first ever decline in global container port throughputs in 2009. Shipping lines fused into fewer and fewer alliances, with just four main groups now on the Asia to Europe route.

Futher information at: www.drewry.com.uk

Rate this item
(0 votes)
Juan Castanedo

Website: www.conceptualklt.es Email This email address is being protected from spambots. You need JavaScript enabled to view it.
Home News News Global container forecast study for 2017