Global container port throughput rises by 1.1pc in 2015: Alphaliner
Time:2016-03-03
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Total container traffic was also up by less than half of the world`s GDP growth of 3.1 per cent recorded by the International Monetary Fund (IMF) in 2015, marking the first time that global TEU volume growth to GDP multiplier fell below 1x.
Several factors have contributed to lower container throughput growth in recent years, including the conversion from breakbulk to the containerised mode of transportation reaching a peak; the increased share of manufactured goods versus raw materials transported by containers, and a corresponding trend of miniaturisation of manufactured goods.
Another factor for the container traffic decline is the slowdown in the rate of moving manufacturing activities to the Far East, especially to China.