Independent journal on economy and transport policy
01:27 GMT+2
Overcapacity in Asian ports unlikely to improve
(Shipping Times)
April 29, 1999
While capacity in S-E Asia is forecast at 40m TEUs by end-1999, demand is only expected at 30m
By Marcus Hand
[SINGAPORE]
Regional ports are unlikely to see an improvement in their berth utilisation in the near future despite a general pick-up in the liner shipping market, a senior executive of PSA Corp said at a conference last week.
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