The competition among container terminals in Northern Europe will increase. A combination of low market growth in years to come and significant expansions of port capacity makes increased competition unavoidable, writes Drewry in a new analysis. In order to secure increased volumes the first battle will be fought in the transhipment sector, the analysts say.
"Transhipment is clearly set to become a key battleground for North European ports and terminals, driven by the growth in Eastern Europe, and the immediacy of volumes that winning transhipment business can bring. However, no port or terminal can succeed in the transhipment sector in isolation. Gateway traffic will remain the key bedrock," writes Drewry.
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