Subscribe to RSS feedCapacity to spare on way for Asian ports?
While ports in the US and Europe face congestion, many Asian exporter nations such as China and South Korea will have container terminal capacity to spare in massive building programs, Citibank analyst Charles de Trenck told this month's TOC Asia conference in Hong Kong.
Delegates at the conference heard Alan Lee, of the Hong Kong Terminal Operators Association, forecast that Hong Kong would reach 40m teu by 2020, and still be maintaining parity with the neighbouring mainland ports in Shenzhen.
The official Hong Kong...
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