THE world's top 10 busiest ports had a first quarter
average growth of 1.8 per cent, the lowest in five years, says the Shanghai
International Shipping Institute (SISI).
"In Q1, global economy continued
the slow growth of the previous quarter, mirroring a sluggish and uneven
recovery," said the SISI study."The European market sped up its recovery, but
the overall performance of developed economies presented a downtrend as affected
by stagnant US growth," said the study, reported Dubai's Arabian Supply Chain.
Only Tianjin, Rotterdam and Australia's Hedland achieved
year-on-year growth of five per cent or more.
Tianjin was said to
benefit from a new strategy devised by Beijing. Hedland saw increased growth in
deliveries of iron ore.
DP World's first quarter was a mixed bag
of results, with gross container volumes in the Asia Pacific and Indian
subcontinent regions rising 1.7 per cent to 6.8 million TEU, but volumes in
Europe, Middle East and Africa, which includes the UAE ports, rose 9.2 per cent
to 6.4 million TEU.
PORTS
14 June 2015 - 18:35
Only 3 of world's 100-million ton ports achieve growth of 5pc or more
THE world's top 10 busiest ports had a first quarter average growth of 1.8 per cent, the lowest in five years, says the Shanghai International Shipping Institute (SISI).
PORTS
14 June 2015 - 18:35
Only 3 of world's 100-million ton ports achieve growth of 5pc or
more
This news 4152 hits received.
These news may also interest you