PierPass under fire

More container terminal concessions are expected to change hands as integrated companies look to match their terminal portfolios to their wider supply chain strategy, while at the same time spreading the risk from supply chain disruptions.

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QTerminals, which is jointly owned by Qatar Ports Management Company (51%) and Qatar Navigation (49%), has a definite overseas investment strategy.

PSA’s Singapore terminals saw a slight decline, but its global operations grew in 2020.

Operators of container terminals are facing increasing financial pressures and are faring less well than container carrying lines, according to London-based research and consultancy group Drewry.