- Expansion plans and capital spending have been put on hold by container terminal operators.
- Volumes and share prices remain slashed and a resulting hit to their balance sheets.
- The first quarter saw world port handling drop around 4% year on year.
- Drewry estimates global port volumes will fall 9% over the rest of the year.
- 2021’s forecast is currently ranging from a 13% fall to minus 6%.
- Medium-term supply chain diversification from China is likely to spur port investment.
According to an...
https://mfame.guru/future-of-box-terminals-look-bleak-ahead-of-q2-results/