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Container traffic to hit 1 billion TEU in 2020

Dinesh Sharma, senior research manager at Drewry Maritime Advisors, says that global container throughput would rise between 5% and 5.5% a year up to the end of the decade. 218 more words

International Shipping

Tanzania’s Bagamoyo $11bn megaport to get flying start

The government of Tanzania has announced that successful negotiation with Chinese officials will allow work to start on the $11bn Bagamoyo megaport this year, rather than January 2015, as originally scheduled. 363 more words

Economic Development

Global container ports could handle 840m TEU a year by 2018

Projected throughput four years from now compares with 642m teu in 2013 and 674m teu projected for this year. The 2018 projection is double the 2004 throughput figure of 363m teu. 369 more words

International Shipping