Report notes strong growth for Asia ports

News-in-print

A new report by Fusion Consulting, Hong Kong, forecasts that Asian ports will handle 206M TEU in 2011, including 64M TEU in transhipment. Investment of up to US$18B is “sorely” needed in India, says Fusion, with cargo handling expected to grow at an average of 7.7%/year until 2013-14 and containerised cargo growing at 17.3% over the next nine years.

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