Søren Toft highlights weak infrastructure as biggest challenge for container market

The container industry has always lagged behind when it comes to developing its infrastructure, prompting MSC head Søren Toft to point out that the reason for the congestion challenges and overfilled terminals cannot solely be attributed to rising demand during the Covid-19 pandemic.

"We've always lagged behind, and there is no solution waiting around the corner," MSC head Søren Toft said on Wednesday during the World Ports Conference | Photo: Global Maritime Forum

No one in the industry could have predicted that the Covid-19 pandemic would trigger a white-hot container market. Even so, some of the challenges that everyone in the industry is currently experiencing have also been spurred by the fact that infrastructure has always been lagging behind in shipping.

This was the assessment made by Søren Toft, CEO of MSC, who spoke about this year's experiences with bottlenecks, crowded port terminals and record-high freight rates during World Ports Conference.

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