Seafreight industry warned to invest now in infrastructure

ALAN PEAT
THE SEA transport industry and governments will have to spend lots of money on expensive investments in infrastructure if freight growth continues at its current rapid rate, according to a Financial Times report.
One analyst from the London-based consultancy, Drewry Shipping, is quoted saying: “Demand is growing and container port capacity has to be put in place to meet that demand.”
The article stated that if the growth in freight continued at a rapid rate, the industry would have “to grapple with expensive investments in infrastructure”.
It was also stated that, while shipping lines continuously look for solutions to overcome port delays by finding new routes around problem areas and using less congested container facilities, such moves can only result in marginal improvements.