Speaking at the opening session of the 12th Annual Global Liner Conference in London about the container port industry and opportunities in 2010, Mitchell said that these emerging markets are expected to recover faster.
“Emerging markets have the highest levels of potential growth as the wealth of individuals improves in emerging nations over time”, he added.
“The port and liner industries are closely intertwined and face extraordinary times. In the good old days, markets were growing 10-15% every year. Last year, we witnessed the first ever decline in global container port volumes, estimated at 10%.”
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