,there is reason to measure the growth to shipping for USA ports. Wasted money on unnecessary expansion is a burden no one needs nor wants.
21 September 2015
China’s leading port, the Port of Shanghai, saw flat volumes compared to August, 2015, with volumes recorded at 3.15 million TEU....
Over reach is not a good idea. Measured expansions over long time frames than five years may prove a better decision. There is no doubt there is a need for deeper ports, but, expansion of warehouses, etc. may prove to be a too ambitious.
21/09/2015
South Carolina’s ports (click here) are embarking on an ambitious five-year plan that will see the Charleston shipping channel deepened, a new container ship terminal come on line, a new rail transfer terminal begin operating and continued planning for a massive new container terminal the state will operate with Georgia.
The agenda for the ninth-largest container port in the nation was outlined this month in the latest State of the Port message by Jim Newsome, the chairman and chief executive officer of the South Carolina Ports Authority.
BIG INVESTMENT
An estimated $1 billion needs to be invested in port infrastructure projects during the next five years to keep the South Carolina Ports Authority competitive, Newsome said. That money includes such things as spending on a new container terminal in North Charleston, buying bigger cranes and strengthening the wharfs at the authority terminal in Mount Pleasant to handle larger ships....
21 September 2015
China’s ports (click here) have seen several year-on-year declines in volumes as a result of the fall in export demand, which has affected the rate of growth at many of China’s major ports, despite all ports handling more than 120 million TEU in 2015, according to the Journal of Commerce.
The result comes shortly after the Chinese stock market crash, which led to a severe dip in China’s economic growth, as well as unpredictable swings in market performance.China’s leading port, the Port of Shanghai, saw flat volumes compared to August, 2015, with volumes recorded at 3.15 million TEU....
Over reach is not a good idea. Measured expansions over long time frames than five years may prove a better decision. There is no doubt there is a need for deeper ports, but, expansion of warehouses, etc. may prove to be a too ambitious.
21/09/2015
South Carolina’s ports (click here) are embarking on an ambitious five-year plan that will see the Charleston shipping channel deepened, a new container ship terminal come on line, a new rail transfer terminal begin operating and continued planning for a massive new container terminal the state will operate with Georgia.
The agenda for the ninth-largest container port in the nation was outlined this month in the latest State of the Port message by Jim Newsome, the chairman and chief executive officer of the South Carolina Ports Authority.
BIG INVESTMENT
An estimated $1 billion needs to be invested in port infrastructure projects during the next five years to keep the South Carolina Ports Authority competitive, Newsome said. That money includes such things as spending on a new container terminal in North Charleston, buying bigger cranes and strengthening the wharfs at the authority terminal in Mount Pleasant to handle larger ships....
