Healthy container port demand growth alongside subdued levels of capacity expansion mean that average terminal utilisation will rise markedly by 2022 according to Drewry’s latest report.
The medium term outlook for global container port demand growth is positive thanks to strong underlying economic momentum across the world’s major economies, it said.
While there may be clouds on the horizon in the form of tariff and trade war fears, economic fundamentals are likely to win-out in the long run, the consultancy noted.
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