Investments in ports foretell the way forward for world commerce

Investments in ports foretell the way forward for world commerce


Driverless autos whizz throughout 5 new berths at Tuas Mega Port, which sits on a swathe of largely reclaimed land on the western tip of Singapore. Unmanned cranes loom overhead, circled by camera-fitted drones. The berths are the primary of 21 due by 2027. When it’s accomplished in 2040, the complicated would be the largest container port on Earth, boasts PSA International, its Singaporean proprietor.

The commerce winds blow east

Worldwide port container throughput, TEUs*, bn

Source: Drewry Maritime Research

Tuas is a imaginative and prescient of the longer term on two fronts. It illustrates how port operators the…

2023-01-12 10:42:30 Investments in ports foretell the way forward for world commerce
Article from www.economist.com

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