The market is competitive so the customers will go to a port or a terminal with better performance, better infrastructure and less expensive services.
Ports and terminals have to adapt fast to meet the rising interest driven by continuing high levels of world trade. Globalization is putting port and terminal models under increasing tension to stay competitive in volatile cargo markets. Better safety performance, managing congestion risk, greater operational complexity as a result of bigger vessels, increasing productivity – through development or better utilization of existing assets – is a must for economic survival.
“We as an industry need to work together, adapt and respond or watch the cargo move elsewhere” said Jack Craig, APM Terminals.