Challenges Facing Container Terminals Discussed at TOC CSC Conference

TOC Europe discussed how container terminal operators could respond to a new era of slower growth and less attractive business fundamentals.

Both Professor Haralambides and fellow speaker Olaf Merk, Administrator of Ports and Shipping at the OECD’s International Transport Forum, emphasised that the traditional GDP-trade growth multiplier of 1:2.5 had declined to a little over 1:1 since the onset of the recession in 2009.