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Global Container Ports Could Handle 840m teu a Year by 2018

(Janet Porter – Lloyd’s Loading List)

The world’s container ports are forecast to handle more than 840m teu a year by 2018 as annual growth rates accelerate.

Projected throughput four years from now compares with 642m teu in 2013 and 674m teu projected for this year. The 2018 projection is double the 2004 throughput figure of 363m teu.

The combination of faster traffic growth and strong profit levels is attracting aggressive new players to enter the container terminal-operator business, according to the 11th Global Container Terminal Operators Annual Review and Forecast report published by shipping consultancy Drewry. Read more here.