Drewry: PSA to overtake COSCO in terminal capacity by 2028
NewsDrewry’s latest report predicts PSA will surpass COSCO Shipping in terminal capacity by 2028, reshaping the top of the global container terminal rankings.
…as ports lose their shine
Slower growth means ports are losing a lot of their shine as investments. In its Global Container Terminal Operators Annual Report 2016, Drewry noted: “On the stock markets, ports are increasingly seen as a mature value sector, rather than a growth sector.” Forecasting global throughput growth of under 3% per annum, Drewry said that investors and terminals have been “urgently reviewing capacity expansion plans”, but many with a five-year forecast horizon are already too far advanced to change si
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