Market report depicts rising port investment

The research, revealed in Trelleborg’s free industry Benchmarking Report, shows that 55% of operators, contractors and consultants believe that capital expenditure will rise or at least stay the same over the next 12 months. 60% are also confident that operational expenditure will remain at current levels or increase during the same period.

Richard Hepworth, managing director of Trelleborg Marine Systems said, “The apparent optimism is good for the market and good for the economies of the world, which need investment in the global ports to drive trading growth.”

Further findings from the survey show that almost half (47%) of stakeholders forecast significant investment to be made in the next two years, while a third (31%) more expect the spending to come through within five years.