Mega ships will be the biggest challenge for ports

Container ships today have quadrupled in size since 1992, and even just a modest growth in demand will result in enormous volumes for the global terminal operators, writes Drewry.

Growth in demand and the new mega ships are the two biggest challenges for the major container terminal operators, according to analysts Drewry's annual report about the terminal sector. A sector that, in spite of these challenges and changes, remains dynamic and profitable.

While there seems to be widespread agreement that the future container demand won't be as strong as the boom in the 1990s and 00s, demand is still expected to surpass 800 million teu by 2017 with an annual growth of approximately five percent.

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

Further reading

Related articles

Latest news

See all jobs