Shipping lines are expected to maintain robust annual growth of 15%-20%, provided extra attention is paid to planning and deployment of the right mix of tonnage and routes, supported by prudent supply chain management, according to Abdulla Bin Damithan, DP World’s deputy director - commercial.
Addressing the Middle East Port Development Conference, Bin Damithan said current growth trends are being driven by massive demand for the materials and supplies needed to sustain the physical growth of the region and the Far East, and meticulous planning and a strategic focus are required for port operators to provide a competitive platform for customers and ensure continued commitment.
Bin Damithan underlined the need for the development of proper infrastructure to maintain the handling capabilities of ports worldwide, if the shipping industry was to sustain its growth in line with regional development.
“If we look at the total global container port capacity in 2006, it peaked at 455.9 million TEU. In 2009, this global container demand is forecast to touch 490.28 million TEU, which means we need to expand significantly to cope with the demand.”
As mega-ships play an increasing role in transportation efficiencies, ports looking to expand are factoring in the need to cater to a 200% increase in 7,500+ TEU ships this year, according to forecasts by industry experts.
Bin Damithan pointed out that DP World’s new expansion at Jebel Ali Port includes a two-phase development that will add 2,500 metres quay length with a draft of 17 metres. The expansion will increase capacity from 9 million TEU to between 14-15 million TEU.
The first phase is due to begin operations in July 2007, with the whole project scheduled for completion in 2008.
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