2017: box volumes exceed expectations, says Drewry
Published November 28, 2017 in Industry
Global container volumes are continuing to rise and could massively overshoot the 200 million teu mark this year. In October, the London-based shipping consultancy Drewry predicted that world loaded container traffic (i.e total port throughput minus transhipment and empties, divided in two to account for double-counting) will break the 200 million teu threshold this year for the first time in maritime history.
However, recent port and trade statistics suggest that the outlook still is too much on the defensive side. Related indices "show no sign of slowing down". Moreover, growth is widespread with all regions showing improvements year-on-year.
The fastest growing regions were North America (+12.6%), Latin America (+11.1%) and China (+10.3%), the slowest was Europe (4.4%). (kd)