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Due to growing global trade volume, ships trading on international voyages are get- ting larger and larger in size, which ac- cordingly requires bigger ports and deeper water berths to accommodate. In the new round of port construction, East Asia, es- pecially China is moving ahead of western countries. Senior directors of many shipping com- panies has the worry that, if EU and the US have no expansion plan for their port facilities, trade and transport development between east and west will be restricted, and this will consequently affect the growing development of the shipping and port in- dustry of East Asia. Last year, port congestion on the lines bound to west America and north Europe was serious and confined the logistic development of the global supply chain. Then, for ports difficult to expand, is it a viable outlet to let shipping com- panies invest as share holders and co-manage the ports?
Due to growing global trade volume, ships trading on international voyages are get- ting larger and larger in size, which ac- cordingly requires bigger ports and deeper water berths to accommodate. In the new round of port construction, East Asia, es-pecially China is moving ahead of western countries. Senior directors of many shipping com- panies has the worry that, if EU and the US have no expansion plan for their port facilities, trade and transport development between east and west will be restricted, and this will that affect the growing development of the shipping and port in- dustry of East Asia. Last year, port congestion on the lines bound to west America and north Europe was serious and confined the logistic development of the global supply chain. Then, for ports difficult to expand, is it a viable outlet to let shipping com- panies invest as share holders and co-manage the ports?