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You are here: Home → Archive → 2009 → August → Weekly Edition 6th of August 2009 → Box terminal operators may find bargains in the slump

Box terminal operators may find bargains in the slump

by Roger Hailey, London — last modified Aug 06, 2009 03:56 PM

GLOBAL container terminal operators have reined back on port expansion plans due to the recession, but may gain from opportunistic purchases as cash strapped container lines sell port assets to keep afloat.

Drewry Shipping Consultants reports that 2008 was “a turning point for the container terminal operators as the final quarter of the year saw unprecedented volume declines set to worsen in 2009”.
The contraction in global container port throughput in...

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