ShippingWatch

APM Terminals CEO: Annual global container growth of 5-6 percent

The international container traffic will likely grow by 5-6 percent in the years to come, though bottlenecks in ports will continue to trouble global trade, says Kim Fejfer, CEO of the A. P. Moeller-Maersk terminal business, to Dow Jones Newswires.

Photo: Cathrine Ertmann

Annual container growth of 5-6 percent, in spite of bottlenecks in the world’s ports. That is what APM Terminals CEO Kim Fejfer expects to see in the years to come, writes Dow Jones Newswire.

“Governments in Africa, Latin America and India need to take steps to make ports more efficient and build capacity,” says Kim Fejfer.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

MPC upgrades 2022 guidance after strong first half

MPC Container Ships reports continued advancement inQ2, raising guidance for its operating result to almost half a billion dollars. High rates will continue for several quarters yet, the company expects.

Norden books "fantastic" second-quarter result

Product tanker and dry bulk company Norden bags a result for the second quarter that the carrier itself describes as ”fantastic.” CEO Jan Rindbo says this is due to the ”exceptional” product tanker rates, according to a financial statement.

Related articles

Latest news

See all jobs