Top five global container terminal operators named

PSA International, Hutchison Ports, APM Terminals, DP World and the Cosco Group are the top five global container terminal operators, according to the latest Drewry Maritime Research Annual Review of Global Container Terminals Operators. The report stated that DP World and APM Terminals were highly active in terms of acquisitions, divestments and greenfield developments, Hutchison moderately active and PSA less so. ICTSI and TIL are also particularly active in terms of portfolio expansion. “There is a clear focus on growth opportunities in emerging markets by those global/international terminal operators which are expanding,” noted Drewry. Drewry said that major shipping lines meanwhile have been selling stakes in terminals to raise cash – but usually retaining majority control. The deals involving CMA CGM’s Terminal Link and MSC/TIL have been the most significant. Most carriers have seen little change in their terminal portfolios as a result, adopting a holding rather than expansion policy.