Out With The Old To Ring In The New?: Seven Issues Underlying The Port Infrastructure Debate
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In 2015, global seaborne shipments between ports increased by 3.4 per cent at 9.84 billion tons in total, carried by a global commercial fleet of just less than 90,000 ships.
Cargo-carrying ships are ever-increasing in size and developing nations with underdeveloped infrastructure now account for 72 per cent of global port throughput.
As trade by sea becomes evermore voluminous , the world’s ports are faced with the quandary of expansion or relocation to meet the demand of growing populations and burgeoning economies. Part of this next phase in development of a port will be the decision to either extend the operational life of existing infrastructure or decommission and build new assets in their place.
In the following analysis, we speak to Nigel Nixon, a veteran with three decades experience in major marine projects about the major considerations to take into account when deciding whether to revamp the established or roll out the new.
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