“Shipping lines are looking to increase the size of ships calling the Turkish Market which is a natural candidate for tonnage cascaded out of the Asia-Europe services” advised Mr. Trenchard, who also noted that the latest generation of Ultra-Large Container Ships, up to and including the 18,000 teu capacity vessels, will be likely committed to the Europe/Far East trade lane, which transits the Mediterranean via the Suez Canal. The first of these vessels on order are scheduled to enter into service in 2013.
“Port design will have to reflect advances in vessel design and their new operational requirements” he noted, speaking on the subject of “Building Stability and Promoting Growth in the Mediterranean” presenting the perspective of a terminal operating company.
APM Terminals is one of the leading terminal operating companies in the Mediterranean region with interests and operations in facilities in the ports of Algeciras, Spain; Port Said, Egypt; and Gioia Tauro, Italy in the Mediterranean Sea, and Poti, Georgia on the Black Sea, as well as just outside the Straits of Gibraltar on the North African coast at the Tanger-Med port complex in Morocco. A new terminal is also currently in development at the Port of Vado, Italy.
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