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Kim Fejfer: There will be clear winners and losers

The changes in the shipping industry mean that the world's ports and terminals must adapt. The carriers will make increased demands for lower prices, more operational reliability and the possibility of handling larger vessels.

Photo: Cathrine Ertmann

The next few years will portend a rough elimination race among terminal companies at ports around the world.

And there will be clear winners and losers, says Kim Fejfer, CEO of APM Terminals, which is owned by the Maersk Group. The winners will be the companies which manage to do better for less money. At the same time, it will be crucial to update small ports in particular to handle the mega-vessels of the future, he said in a speech at the just concluded Annual Global Liner Conference in London.

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