The yawning imbalance between China’s import and exports is another way functional ocean capacity, like with port congestion, is being sapped by forces beyond the control of ocean carriers.
Current plans call for the development of a 600-meter quay and a 49-acre backup ecosystem able to handle 800,000 TEUs annually.
Europe’s third-largest port offset a sharp drop in US trade with solid increases in imports from China, Malaysia and India, while seeing big gains in intra-Europe volumes.
