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Global Container Terminal Operators Annual Review and Forecast report

‘Widespread container shipping trade recovery post-pandemic has boosted global terminal capacity outlook’

According to Drewry’s latest Global Container Terminal Operators Annual Review and Forecast report, a widespread container shipping trade recovery in the wake of the pandemic has boosted the global terminal capacity outlook, supported by global terminal operators’ (GTOs) increased appetite for higher-risk greenfield projects to deliver long-term growth.

Global container port capacity is projected to increase by an average annual rate of 2.4% to reach 1.38 billion TEU by 2026. However, the worsening economic and geopolitical situation has led to a downgrading of the cargo demand outlook, and as a result container port utilization is now projected to moderate to 70% in 2025 compared to last year’s projection of 75%.

While the majority (70%) of GTO investment plans remain focussed on existing assets, there has been a notable increase in the number of greenfield projects – with CMA Terminals, Hutchison and TIL all expected to add 4 million TEU or additional greenfield capacity by 2026.

Source: container-news.com


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